Cordel Share Discussion Threads

[dubois] 01/2/2022 08:41

None of us know whether SRP is telling the truth or not. Whether he is or isn't will make no difference to the price. All I can say, is that he has always appeared straight to me. He has been here a long time and I've never felt he was anything other than telling the truth. I don't actually agree with his investment strategy, but that doesn't mean he hasn't made more money than me.

Each to his own. DYOR and do what you think best. Moaning about other posters helps you not one bit.

[srpactive] 01/2/2022 08:38

Nibbled a few.

dyor

[srpactive] 01/2/2022 08:29

No bought when I said, stating such nonsense sums
you up.

[clocktower] 01/2/2022 08:24

At least followers of this thread can now see right in though your long line of posts on the MMO thread, nibbling at 15p +, the only likely thing you were nibbling at was your profits from less than 2p and into other investors pockets.

Beware of the the fish in the water.

[srpactive] 01/2/2022 08:21

No not upsetting as I am not looking to sell, I
aim to build positions in companies for years not
days, I hold stocks for decades.

dyor

[toffeeman] 01/2/2022 08:17

SRP - are you bonkers?

Whatever you think of Clock s/he is not a sneak nor hiding charts.

I feel for your loss from being able to sell at 12.5 to 9 today must be upsetting. Good job you bought at 2p though :)

[srpactive] 01/2/2022 08:10

You might be negative I am not.

For someone ( you ) who is meant to be long on
crdl you are pretty happy with the news.

Seven straight down days you must be ecstatic.

-----------


Wool and selling you really are a sneak,
talking like this, go to your other thread.

You still hiding the chart.

[clocktower] 01/2/2022 08:07

I guess the MM are unwilling to bid for many online even at 8.5p

[clocktower] 01/2/2022 08:04

LOL srp at least you have shown your face and pointing out that even some time ago that I was suggesting they would be need more cash, while you were pulling the wool over posters eyes, no doubt selling slowly all the time.

[myn0k] 01/2/2022 07:59

We can agree to disagree ;)Sentiment can change a lot with another contract win announcement. I am fully expecting the new US train contract to earn them another, even more sizeable win. It's just a matter of when bit if, IMO. The trials seem to last around 3 months so IMO by April latest we may hear another large contract win based off the back of either network rail or the US. All IMHO of course

[srpactive] 01/2/2022 07:57

M

Yes similar comment to the journalist that tipped
them end of last year re cash flow positive.
I am happy to hold and ride to the peaks and troughs out.

dyor

CT

You said the raise was going to be at 12p when we
were 15p, so which side of your mouth is todays
comments coming out of?

[clocktower] 01/2/2022 07:57

No chance Myn0k, anyone looking to buy the only thing of real value would be more likely to wait for the train crash.

[myn0k] 01/2/2022 07:45

On another note, there is also the possibility of a bigger player buying them out, one already who is profitable.

[myn0k] 01/2/2022 07:40

Well the results IMO aren't really a surprise. What I am very positive to see is the goal and expectation of becoming cash positive by Q4. They still have cash and a backlog of work pending completion. So a raise could potentially be averted. Hopefully Omicron will be the start of reducing backlogs. We also have the new 3million contract to add to revenues. I was surprised they acknowledged they have struggled managing the large customer accounts, but I guess the benefit to this is that they expect smoother processes moving forward, both in maintaining customers and procuring them moving forward. From my perspective I am going to hold on until Q4 and see how the contract wins go from there. My personal goal is for the share price to reach 20p and from there I will assess the situation and either continue to hold or potentially top slice a bit to mitigate risk, depending on how things go. I still see the huge potential upside here. But it's a slow burner and still has risk IMO.

[clocktower] 01/2/2022 07:33

Well the results are even worse than I expected, cash burn climbing but it now seems pretty clear the big drop in the last few days might have been caused by some that had a sneaky view of the accounts in advance.

So, will srp come out to put a brave face.on?

At what price can they raise money ?

[clocktower] 31/1/2022 22:25

Posters will note that srp - is never willing to provide any form of prediction of expected profit or loss for H1 because in this case the numbers suggested by Ian Buddery in the RNS on 09-12.2021 have effectively already stated what the revenue will be, so its only a question of what the outflow of cash is, and bearing in mind that there maybe huge extra costs to cover for the Pilot schemes that were carried out, which hopefully will bring a lot of business in the longer term, in addition to the cost that must be be incurred as they said they were working on solutions for other applications including ballast profiling.

Does he really believe that there will not be heaver losses than in the corresponding period that Ian spoke of - if not give us your predictions srp or are you the sneaky snake on the thread trying to divert attention away from the truth of the matter, as you know that it might well take some time before CRDL becomes profitable, and they may well need to raise further funds - hopefully not but if you care to provide us with your estimates that show that to be unlikely I will change my view and start buying again at or near the current level. (no chance of you doing that is there)

By the way does srp stand for Slippery Rich Piranha. :-) Beware if you dip your toes in the water.

Of course if your trying to sell a huge amount of stock, you would not like anyone pointing out these matters, possibly your going to check for yourself before taking the appropriate course of action, which your own research may lead you to conclude is in your best interest, and that might just be not buying if you consider the risks outweigh the possible rewards at this time. I am not recommending selling and in fact I make no recommendations, I would only ask followers of this thread to consider all the facts and not look back without having considered why the share price might be falling or rising.

The next trading statement should assist if it also includes some figures that includes the cash position at 31.12.2021. Now will srp hide in the long grass?

DYOR

[srpactive] 31/1/2022 20:17

No the snp man was bothered by Boris, I could not
give two hoots for a negative poster coming across
as sneaky positive in any chamber. He actually sounds
like a mp talking from both sides of his mouth at the
same time.

I find my own stocks not ones tipped on bb.

active

[suffolkjim] 31/1/2022 17:41

Wow, this is like being in the House of Commons. Any time now one of you will be escorted from the chamber by a man with a sword :)

[srpactive] 31/1/2022 15:11

ct

No thanks, stay over there.

y

It is for chartists as it shows support and resistance points.

dyor

active

[yump] 31/1/2022 14:35

I’m not sure the old chart is particularly positive, although it is for buyers at 2p.

[clocktower] 31/1/2022 14:18

srp - I have always provided an honest appraisal of what I thought was fair comment throughout, although I have traded a few over the past couple of years, the numbers have been insignificant.

I may have been wrong at times about the level the share would rise too but I gave my view, which you made very clear you did not like because they conflicted with your constant belief that this would go in one direction only.

Nearly all shares go through wave patterns, even if the long-term trend is up, and most investors that would have invested at under 2p would have at the very least top sliced on the way to the peak of around 18p I expect.

I find it very hard to believe that you have never traded this share while talking it up all the time, and for you to think that my comments could unsettle followers of this thread beggars belief.

I only wish I had the ability to sway investors with my research and point of view on any particular share, because if I did I doubt that I would ever lose money.

Still if you would like to know one AIM share that I am currently backing to go up to at least 5p this year, for what its worth it is IGE. 2.8p /3p (your welcome to come on over and provide negative feedback - IF you can as it maybe something I missed, and I always welcome all views where I post if supported by debate)

I very much doubt you will see loads of buys now that I have stated that but on your assumption there should be.

[srpactive] 31/1/2022 13:08

So you have the money now so come out with all your negative
comments, to attempt to unsettle posters into selling
with could effect the share price.

Nice.

active

[clocktower] 31/1/2022 12:58

I was skipping through the last couple of years RNS and while several stood out, I thought I would remind you of this excerpt from one issued a short time ago - 09.012.2021

Ian Buddery, Chairman, Cordel, said: "The board is pleased with the increasing engagement in the USA with customers and partners, as we deliver high quality results and prove the benefits of the Cordel platform. We note that external conditions, such as the CoVID lockdowns in Australia, have impacted our December half year and we are likely to report similar revenue to the corresponding period in 2020. However we will carry a significant backlog into 2022 and are confident of growth for the full year."

and what was the revenue - well this was taken from the year he speaks of -


Six months to Six months % change % change
31 December to (constant currency*)
2019 31 December
GBP'000 2020
GBP'000
-------------- ------------- --------- ----------------------
-------------- ------------- --------- ----------------------
Total revenue 319 728

In response to your comments srp. I often hold very small amounts of stock in a range of companies who's share prices maybe rising or falling - it does not follow that I am long or short in any of them. Holding even a small number of shares at certain times concentrates the mind to focus on the long-term possibilities, and how many times do I need to let you know that I believe CRDL have very good long-term possibilities imo before you actually believe me that I think that there will come another opportunity to load ones boots, as you did when they were sub 2p - If my circumstances would have been different at that time I would possibly acquired a lot more than you did but regrettably I was not in a position too at the time. I am now though. :-)

If they report those numbers, the question is what will be the loss for the six months? How large will it be? Or have you not considered that at this time?

Also will they need more money to get to the promised land?

My comments have no effect of the share price but on occasions I know my purchases/sales do, as I can see the share prices change, as I am sure many others can also see when they buy or sell small companies shares on some occasions.

Good Luck