Claims People Share Discussion Threads

[sand dollar] 30/8/2005 16:24

Thats about as exciting as it gets with this share, I should probably pull out but everytime I look at this I just get so tired I can't find the energy to take action !

[wiganer] 30/8/2005 10:54

Couple of chunky buys this morning. Someone is confident.

[eriktherock] 23/8/2005 22:08

Sand dollar, supreme mo, Sorry but not an informed opinion on this occasion. I should also add that I have no informed contacts with or associated with this Company.

[supreme mo] 18/8/2005 21:32

I hope informed opinion!!

[sand dollar] 16/8/2005 09:14

erik

Why do you say that, is it an informed opinion or just wishful thinking ?

[eriktherock] 15/8/2005 20:27

Upward movement of share price expected over the coming days.

[davidlloyd] 11/8/2005 09:11

Shame i got out of bed late!! Short period when spread only 0.25. WOuld have topped with offer at 2.5p. Confident will see better than this on bid shortly, i.e. September. (AIMHO)

DL

[wiganer] 03/8/2005 08:24

Thanks jhan
I assume you've had a look at CLM's past RNSs- if not, check out:

The ones in October 2004 mention new clients, which would have helped offset any NU impact.

[jhan66] 02/8/2005 21:11

W,
thanks for the prompt response. Doesn't appear as shattering as I would have expected. Wonder if there's any likelyhood of re-newal. hard to work out if they were undercut, poor service/value for money etc.
doesn't seem to have dampened general optimism. will look further.

(thanks again. Amazing thing BB's & t'internet)

[eriktherock] 02/8/2005 20:58

Good times ahead for loss-adjusters.

[wayneb] 02/8/2005 20:57

Here is a mention of it,but it is fact

Claims People optimistic on future after jump in H1 pretax

LONDON (AFX) - Claims People Group PLC said it is optimistic about future
prospects after a substantial increase in profits in the first half to June 30
2004.
Pretax profit in the half-year rose to 71,946 stg from 5,346 stg a year
earlier on turnover of 1.21 mln stg, up from 916,990 stg.
The group said it continues to work closely with Norwich Union, and although
the three-year agreement ceases in September this year, it is assured of work
into early 2005. The group is also receiving increased support from its other
established clients, including Liverpool Victoria, HSBC and Primary Group.
The board said it has succeeded in increasing the breadth of the client base
and is currently involved in a number of negotiations which may form the basis
of a future announcement to the market.
"The second half of the year has started well and the directors continue to
view future prospects with optimism," said chairman John French.
He said that in the coming six months the group will build on its sources of
business, seek compatible acquisition opportunities and continue to work with
the market to produce new and innovative products.
[e-mail]
slm/

[jhan66] 02/8/2005 20:51

`wayneb - 4 Jul'05 - 15:37 - 116 of 129
I think one of the things holding this back is the loss of the Norwich Union contract....'

Hi Wayneb, can you give me any more info on the loss of Norwich Union. Can't find any details & I understand they represented 33% of turnover a couple of years ago.

sorry if it's old news but this is my first look at CLM.

[wiganer] 02/8/2005 11:09

ADVFN header is wrong- now shows CLM as loss-making. It isn't.
In 2004 it made £278k profits on £2.67m T/O. for relevant RNS, see:

[wiganer] 01/8/2005 17:04

Just to highlight the undervaluation of CLM:

NAV at last results date was 1.09p per share. So, at 2.75p to buy, you're getting future earmings stream at 1.66p per share.

EPS for 2004 was 0.28p, giving an "asset-adjusted PE ratio" of 6.

Just seems too low to me, and that without factoring in any earnings growth from 2004 to 2005, plus the increased balance sheet value.

[wiganer] 01/8/2005 16:59

Looks like we have a seller. Not huge amounts, but enough to keep CLM down. not too worried though- fundamentals and prospects are still in place, and both seem to suggest CLM should be rated much more highly.

[wiganer] 28/7/2005 09:25

Quite a flurry of trades over past couple of days, by CLMs standards. Buys pretty much offset by sells though, unfotunately, so will probably be in doldrums for a while yet. Looks to be a LTBH for me then, which I don't mind- prospects are still great.

[wiganer] 22/7/2005 08:43

Topped up another 60000 shares on the dip. Got in at 2.69 this time which does seem a crazily low price. Now hold 100,000 at average about 2.8.

[supreme mo] 19/7/2005 13:30

lol, no doubt about it...

[wiganer] 19/7/2005 13:28

come on baby, break that 3p level- you know you can do it!

[davidlloyd] 14/7/2005 12:52

Another of John French's companies doing well I see (AMU)!!

[supreme mo] 12/7/2005 19:13

Good to see some stability with this....

[ilovestocks] 07/7/2005 17:26

is there such thing as live chat rooms for private investors????????

[glasshalfull] 07/7/2005 16:52

Hi Wiagner

I've an investment in CLM and topped up last week.
Great risk/reward play IMO.

Agree with you on both points.
I'm invested mainly in AIM stocks and noted that the share prices in most of my holdings were decimated after the announcements of the attacks but had recovered by the end of trading. A preventitive measure to stop a sell off in small caps ? I really don't know why the disparity.

I also anticipate interims in late August, especially as their half year only finished a week ago !!!



Regards

Glasshalfull

[wiganer] 07/7/2005 14:45

Baffled by today's fall. If it's people selling because of the bombs, then they've got it very wrong re CLM IMHO, beacuse they would stand to benefit, from loss-adjusting/claims handling.

As for results, they published figures for 2004 in March 2005, see

I dont think they are due to publish interims till late Aug/early Sept- last year the interims were published 24th August