Coca-cola Hbc Share Discussion Threads

[affc21] 27/12/2006 08:37

Nice start to the day.

No trades showing as yet, will probably show up later.

[philjeans] 27/12/2006 08:33

A welcome 10% rise at 8.30am with no trades yet showing.

Excellent - it seems the word is getting around; since my thread, we've seen it posted as a contender for the doubler thread in 2007; and a nice detailed report on Fool.

Keep it going guys!

[jimarilo] 23/12/2006 19:51

Thanks guys !

[affc21] 23/12/2006 17:47

Jimarilo

or you could try this link :

[david77] 23/12/2006 07:55

Jimarilo - click 'search' top left above and put 100% in the EPIC box

[jimarilo] 22/12/2006 23:02

Affc do you have a link for the stocks to double thread ?

Cheers !

[affc21] 22/12/2006 15:34

LOL - will take a look.

Thanks

[philjeans] 22/12/2006 15:32

affc21 - it's not mine but I seem to have taken it over! Under OFEX.

[affc21] 22/12/2006 15:05

Hi Philjeans, good to see your still here.

Yes noticed on the 2007 stocks to double thread your selection of OFEX:EUSP,
and its now on my monitor list.

Have you got a BB thread going for EUSP?

[affc21] 22/12/2006 14:59

Well it seems to have risen by 24% on the total trading volume of 27,500 shares traded!

Maybe the MM's are short on available stock?

[philjeans] 22/12/2006 14:56

Sure am; haven't commented as there is no news but follow it closely and delighted with todays 24% jump!

Still plenty more to come next year!

(off topic - you may be interested in EUSP (OFEX now PLUS) for a New Year punt - I hold as well so DYOR etc)

[affc21] 22/12/2006 13:27

jim_black - Thanks for the link, makes a very interesting article and well put.
If any one is interested in this company then I would certainly recomend that you have a read.

Ptolemy - question for you - was it your posting by any chance under the username of GorkyParks?
If so well done.
Thanks whoever it was for helping to highlight CCH.

Nice rise so far, I hope Moneyplus and Philjeans are still in.

[jim_black] 22/12/2006 12:02

Today theres a thread on Best Of Board at The Motely Fool on this company


Maybe explains the rise

[ptolemy] 19/12/2006 12:15

Thanks for your time.

[affc21] 19/12/2006 09:02

2. What is the explanation for the abnormally high tax charge?

Yes I noticed that, which I queried on the previous BB thread, but never got an answer (without looking at my notes, I think I can recall working out the tax rate at something like 40/41%).

Hope the above is of some help.

[affc21] 19/12/2006 08:57

Deferred "A" shares and Deferred "B" shares are no longer convertible.

The deferred "A" and "B" shares have no voting rights or entitlement to dividends. On distribution of assets on a
winding up or return of other capital, the deferred shareholders, after repayment of the ordinary shares at par and
the payment of £100 on each ordinary share, are entitled to receive a sum equal to the capital paid up on the
deferred shares held by them.

CCH International PLC
Report and Accounts 2005

Page 20

[affc21] 19/12/2006 08:51

Cch Increased finance facilities

RNS Number:6944E
CCH International plc
16 June 2006

"Due to the ever increasing demand for CCH's products, CCH will seek to increase its committed funding base by an additional US$50-100 million prior to the end of 2006".


Ptolemy - not overly concerned about the lack of news as regards the extra funding, since their funding lines are currently running at over US$ 280 million, enabling the Group to finance more than US$1 billion of 90-day short-term trade finance products.
Maybe we will here more in the new year.

[ptolemy] 18/12/2006 16:11

Forgot to add,

Earlier in the year (May, I think) they said they would proably need to increase their funding facility beyond 280m "in very near future". As far as I can see they haven't announced this - does this perhaps suggest that business is not expanding quite so quickly?

[ptolemy] 18/12/2006 16:01

Could those of you who follow this share closely help with the following questions:

1. Is it comment for this share to have such a spread?
2. What is the explanation for the abnormally high tax charge?
3. What is the significnace (if any) of the 60m deferred shares referred to in today's RNS?

THanks

[affc21] 11/12/2006 12:14

CCH managed growth of pre tax profit from 2H 2005 PTP £646,494 to 1H 2006 PTP £1.6m, which works out at an impressive 147% growth over 6 months (thats some growth over 6 month).

Have used PTP (Pre Tax Profit), as it more realistically shows the growth in bussiness activity, since in their last results they paid tax compared to their previous results where no tax was paid. ie growth not distorted by tax.

So if they only achieve growth of 50% in the 2H 2006 from a relatively fixed cost base, they will earn 2.7p per share after Tax for this year (CCH financial year end is 31 December). CCH earned 1.09p in the 1H 2006 (after Tax).

With the share price at 16.5p (mid), then if they were to achieve EPS of 2.7p (after Tax), that would put CCH on a PER of x6.1 for this year (financial year end is 31 December).

If CCH were to stand still (ie no growth) for the rest of this year(2H) they will make EPS of 2.18p which would put them on a respectable PER of x7.5 (at 16.5p mid. share price), for this year 2006.

Plus cash in bank.

However when you take into account the cash in the bank of at least £2.5m at year end (£6.7m at present), then the equivalent PER of x5 is surely to low.

[kaffee] 11/12/2006 06:58

Hmmmm.. ok, well I would have gone with the headline figure. On the other hand, don't want to be accused of a mindless ramp, so "after creditors" might be better.

Even £2.5m is still a wad in relation to this market cap.

[affc21] 10/12/2006 22:15

kaffee - good point, looking at the Interim Report it states £6.7m approx cash in bank but after Creditors (amounts falling due within one year) are paid off it leaves £2.5m approx, but after the next results this last figure should be drastically increased.

So it was a bit of a quandary as to what figure to use?

PS will update my post tomorrow.

[kaffee] 10/12/2006 21:23

Message to affc21

I see you put this one forward on the "to double in 2007" thread.

Agree with what you said BUT you might want to make the p/e figures more realistic by deducting cash per share, to show how cheap this share really is.

At 18p you are buying a lot of cash !!

[crapcrap] 07/12/2006 09:17

sorry to dissappoint barbra2, i have started to buy after reading lemming note.
sold 10% of my holding in sola. i am a long term investor. not an insider on this one.