Coro Energy Share Discussion Threads

[cascade sofa] 10/7/2009 07:01

EW. Being a CORERO shareholder is very like being in Iran. Sometimes sunni but mainly shiite! Enjoy the trip.

Sales are being made by other vendors to the sector, just look at Bobsguide for some annoucements as opposed to our fantastic torrent of zero news. UK vendors such as MCGN, PTS, IEN, LRM, SOG have all announced sales in the last 2.5 years (what an inditement!), and have recently had good runs on their share prices. The difference is a highly competent management team and a committed board who have faith in management and who then buy shares in their own companies. Recurring revenues from the existing base are paramount in the current environment. Many systems were sold in 2006 and should have added to the renewals base which might influence this and other years. Could be a positive for CORO. Thoughts anyone?




Corero TV listings today.

10.30-19.00 The Ashes. Spinner Jammy McRoberts bowls today from the Overpaid end. Bowling economy stats not good, 365,000 runs conceded in the last 2.5 years but no wickets. Are the selectors about to drop him?

[enormouswillie] 10/7/2009 03:42

ikm in iran if anyone wants to now

[enormouswillie] 10/7/2009 03:39

how said computers software was a good investment? A few years ago wasnt it?

[enormouswillie] 10/7/2009 03:27

i have 50 000 old shares and I paid 12 600pounds plus charges what can I get for them please?

[enormouswillie] 10/7/2009 03:16

i think its time too get out theres no hope at all get some money back at least.do it now i think its best

[enormouswillie] 10/7/2009 03:12

i think its time too get out theres no hope at all get some money back at least.do it now i think its best

[converse] 10/7/2009 00:11

Bank spending is down. Corero have to sell CAPS to Asset Managers, Investment Banks and Custodians (Asset Servicers). These guys are not spending capital. Given lack of sales in recent years to any of the above, how anyone believes they are going to sell more is a mystery. A brief look at sales once done shows recognition of revenue licence/professional services/maintenance upfront where's the recurring? £100k licence here and there even if achieved is not enough. I doubt there's appetite to hold firm on price points in deals now and any buyers must know it.

[gentlyduzit] 09/7/2009 18:24

Welcome on board orange! I have decided to stop watching televison and take up reading instead. the Bible was my starting point.

Revelation 11:18 makes good reading at the moment or you could try Lamentations 3:17

[orange1] 09/7/2009 13:42

Very good Gently.

I have looked at the schedule for BBC1 for today and it appears that there are quite a few more corero related programs:

11.00 To buy or not to buy

Shareholders discuss the merits of corero's prospects at length but ultimately only one, Romeo, decides to buy.

14.15 Diagnosis murder

The directors are said to be getting away with blue murder. We all know about Blue Curve but could it really be Blue Murder?


15.05 Nuzzle and scratch

The directors of corero have a meeting and decide they love each other very much.

16.35 Horrible Histories

Our resident historian Tim guides us through the history of corero and relates tales of treachery and deceipt.


22.35 Question Time

A studio audience of shareholders get the chance to quiz the directors about their poor decisions and lack of action. Will the directors be able to think up some answers?

[orange1] 07/7/2009 22:52

magpie
My comment was firmly tongue in cheek!

[cascade sofa] 07/7/2009 21:29

Orange

No chance of the Adrian Childs post show being on Corero TV. That would take balls!. Magpie, was thinking the same sinister thoughts re delisting. There are legal firms who are currently offering to do it in a legal but shareholder shafting way for as little as £5k.

9pm to 10pm Torchedwood. The team burn through cash so the aliens can't have it.

[magpie99] 07/7/2009 21:13

No profit = No glory

There has never been any glory days.

I wouldnt want to disagree with you Orange, but am not convinced weve turned the corner yet. no speak from management about share price decline. no attempt to arrest decline. Is the final rip off delisting from aim/management buyout at the lowest price possible? I dont beleive so but wouldnt be surprised.

[orange1] 07/7/2009 15:42

9.00 to 10 pm. The apprentice. A lot of useless twerps battle it out to secure a highly paid job in a company whose glory days are very much in the past.

Shareprice latest: 31 shares sold and the bid holds firm. We have probably turned the corner.

[gentlyduzit] 06/7/2009 17:49

Cascade, loved the Corero TV bit. We are on the same wavelength and glad you cant spell either. I will see what I can add to this idea. How about Flop Gear? or I'm a shareholder get me out of here.

[orange1] 06/7/2009 09:36

Bid has now dropped 30% since pre-consolidation. Happy days.

[gac141] 03/7/2009 15:16

I have written to the company expressing my views.

[cascade sofa] 02/7/2009 08:28

Gac141. Valid point re sales basics. £100k + basics for reps are virtually unheard of in any industry. Checking a few jobsites this morning FS reps seem to go between £60-80k base depending on specific indivudal and market factors. Non FS & generic reps seem to go between £45-£60k. This company cannot afford huge fixed costs but could, in the current market attract good talent by offering lower basics but highly leveraged performance with increasing marginal comm rates, kickers etc. Interesting & brave board decision, 1x FS vs 2 x resource reps.

Magpie: Equity incentive is appropriate for those at the top. MR has 5m (old money) shares. That should be enough incentive for him to perofrm, the marginal share price improvement >>> any incremental cash compensation. Reps should be paid on GP and cash received, that way they are congruent with the shareholders. Payments should be made shortly after the sale/cash collection event.

Glaring lack of incentive seems to be for BS. Large cash payment made re truly expecptional peformance in 2008 but very little LTIP or option incentive, that which he has is significantly underwater, largely due to the lack of performance in FM. Across the last 3 years his division has generated £2.3m profit and has kept this thing alive. Would have thought some well priced and structured options would be an appropriate reward/incentive at this juncture and would offset some of the cash costs.

L&K

Cascade