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Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Consol. Vend. | CVD | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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0.125 | 0.125 |
Top Posts |
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Posted at 24/9/2008 18:11 by satishshah It is high time ARC Equities is seriously investigated by FSA. It seems obvious that they adopt sharp pactices and the investors need protection from such companies. |
Posted at 31/7/2007 15:34 by trendie I see what you are say.Anyone else got a view of this one. Investors who came in at 3p must be very disappointed, |
Posted at 30/6/2007 08:54 by topvest This company was floated with insufficient capital imo. Too much selling by existing pre-IPO holders to new investors rather than raising of much needed new equity. This statement is very interesting....one gets the feeling PHTM might have done this on purpose just to give this lot a hard time....remember- they make lots of money through their vending operations! I can remember when they lost this contract and they didn't think the operator would survive on the terms agreed at the time. As already disclosed at the time of flotation, Snap did not renew its photobooth contract with the Post Office in 2006, having previously held the contract for some six years. Snap is the largest part of CV and the Post Office contract was the largest income stream within Snap. As a consequence of our withdrawal from the Post Office, we now have some 300 photobooths in storage for which we are seeking contracts. The terms which the Post Office were seeking for renewal were, in our opinion, uncommercial and we therefore ceded the contract to our main competitor. We continue to be unwilling to place photobooths on uncommercial terms. We consider that the terms upon which our only competitor is prepared to place photobooths do not provide a long term sustainable business, we therefore have little choice but to continue seeking to place our booths elsewhere until reality comes back to the market. We refuse to sacrifice profit and cash for the sake of top line turnover growth. Current trading is at acceptable levels within the existing Snap estate of 425 photobooths. |
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