Coro Energy Share Discussion Threads

[romeo] 28/9/2009 14:05

"BUY CORERO!"

[magpie99] 27/9/2009 22:34

Victor Kiam could join this company and they wouldnt get a sale.

Pointless Gentlyduzit saying 'this co needs a sales guy in the driving seat'

[cascade sofa] 27/9/2009 08:33

Gently I disagree with arbitary 1% holdings in this paticular situation. There has been a capitulation in value as a result of the cack handed share recapitalisation and the ongoing, 3 year, melt down of of Financial Markets, with Mr Robertson single handedly destroying 2/3 of his own products revenues. At this point normal goes out the window. If the directors have any belief whatsoever in this company's ability to generate value for shareholders they should all be piling in, even if it would mean going in at a price at a small premium to the current. The opportunity to make a huge return for themselves by merely getting back to 90p (whilst stuffing the mm's) I would have thought is hugely attractive for anyone with any belief in the future.


Tim Simon I believe regularly added to his holdings when he was there, at least he courage of his convictions.

[magpie99] 26/9/2009 22:23

Who will buy even with a salesman?
The company is badly capitalised, the financing is atrocious, anyone can see the shareholders interest has not been looked after, neglected even.

The CAPS product is based on industry standard software.Other competitors are much better capitalised, and their software is also industry standard. Many Corero staff have left to join the competitors. I agree with Molly, I do not see this company succeeding, and with their attitude i do not want it to suceed. In my books it has already failed years ago, and I hope my posts have been helpful in detering investors from wasting money in this company.

I wish I had voted for MR Tim Simon, who in their right mind would buy these shares as an investment?

[gentlyduzit] 26/9/2009 09:05

Sofa. I know that mr waller has not spent a lot but he does now have just over 1% which is about right for his position no i dont have any real issues there. Mr robertson already owns a large % so is unlikely to add to his holding. As Molly points out mr Mitchell has a large investment too. I would think that mr Last might have dipped in at this point but mayebe hes way too smart. I really think that mr Snowe should buy some afer all this time. Now if HE invested I might be encouraged. And if he became CEO and continued to perform as he has been who knows where it might lead. This company needs a sales guy in the driving seat. Certainly might discourage the "lunch" culture.

[cascade sofa] 25/9/2009 16:19

Tried holding my breath for the results....... went bright blue waiting for results which were 6 weeks later than last years (hint profit in H1 2008)

Held my breath for a director to buy shares, a whole £1500. Happy days.

Now waiting for a sale and the results of the "review". Well as its taken them nearly 3 years to get to grips with the lack of sales by Mr Robertson. In this time Blue Curve revenues have fallen by 67.5%, with a fall of 32% in the last 12 months alone. Still fascinated why they think Blue Curve is worth nearly £1.2 million. Impairment charge not convienent?

Despite this, the well managed successful business systems division, which despite chronic under investment still produces great profits. Pity that the vast majority of those profits which could be reinvested in future growth will be gobbled up by the financial markets sales force's salaries.

Bet it was a good lunch though

[orange1] 25/9/2009 15:29

Meanwhile Mark R is still having a whale of a time.

"Having lunch with great clients" he breathlessly gushed to his Twitter followers yesterday.

[mollymolly] 25/9/2009 15:26

Gently

My thought is don't hold your breath.

I am hoping that FM costs have been cut enough to break even. The directors esp the non execs have a lot of reputation at stake. I still am hoping that they know what they are doing but hope they excuse sc
eptisicm after so long without a sale.


I think I'm right in saying that it is only Roy Mitchell among the non execs who has a big investment.

This can't go on much longer without the directors explaining why they still believe that Blue Curve sales are coming.

Peter Waller is expecting sales. I'm not. Hope I'm wrong

[gentlyduzit] 25/9/2009 14:47

Still no announcement about this order they are negotiating. Any thoughts anyone?

[cascade sofa] 20/9/2009 22:09

with this intangible there doesn't seem to be enough brass to support the muck.

[magpie99] 20/9/2009 21:39

They say where theres muck theres brass
but that is in the recycling industry and this board certainly needs recycling.
Market cap of £500,000, that is a 1 bedroom flat in London, not even large enough by half for all the Corero staff to fit in it. Where are the millions that have been raised from investors? In the wage packets of the board. Why dont they earn a living from us.

[cascade sofa] 19/9/2009 09:04

The board obviously think sh1t has some value. It is still being carried in the accounts at £1168k without impairment FFS.

[spurious] 18/9/2009 22:32

Mags
When did loosing money ever become a reason for triumphalism Look at me sleeping under the stars with only a plastic mac and a meth flambee to wash down that bitter taste of failure.If only I had your insight.Spare a thought when I set about my roadkill toastie as you tuck into your muesli and croissants
Regards as always
SP

[magpie99] 18/9/2009 19:24

Nothing new to say Spurious?

[magpie99] 18/9/2009 19:23

AS we have said before they are 3 years too late in addressing these pressing issues. You are just repeating what you said years ago Spurious except there is no I just bought at 9 p triumphalism.

[cascade sofa] 18/9/2009 15:59

Well let's hope its part of a sustained campaign then. Good to see the price move though.

[magpie99] 18/9/2009 15:56

Molly you have been observing good signs for the last 10 years

I hope after 10 years you are finally right for once.

[magpie99] 18/9/2009 15:55

They dont care if you loose your money, I doubt they care about the company.

Their wage is what is important to them

[mollymolly] 18/9/2009 15:47

I agree with spurious.

I'm not getting excited but it is a good sign.

[spurious] 18/9/2009 15:30

First director purchase in 18 months is significant in my oppinion. There is no stock around and 5000 was max on offer.I know because i was pipped and had to pay 40p
Regards SP