Corporate Services Share Discussion Threads

[chancer6] 13/11/2007 21:01

Does anyone know if Lord Ashcroft is still holding his 23% stake?

14-06-2006 14.06.06: .-4, (9.05) an article in the Times reports: Corporate Services Group rose 0.09p to 9.09p as 4.7% changed hands at 9p prompting talk that Lord Ashcroft is adding to his 23.7% holding.
15-03-2006 15.03.06 :.-5, (9.65) an article in the Times reports: Corporate Services Group rose 0.04p to 9.74p as Lord Ashcroft, the former Conservative treasurer, declared an increased 23.1% stake.
09-03-2006 09.03.06 :-0.15, (9.65) an article in the Guardian reports: Corporate Services rose 0.35p to 9.81p in heavy volume. Traders reckon the buyeri n the market was Lord Ashcroft who already owns a 13.4% stake

[chancer6] 13/11/2007 20:18

Allianz SE is the biggest shareholder with a 23% stake and only last wk bought 26 million shares at 3.41p. IMO They'll make sure any takeover covers the prices they've paid for stock in which most cases have been at the 5-8 pence levels.

[chancer6] 13/11/2007 20:12

The above was two weeks ago at 3.53p....I would have thought these are a Strong BUY now at current levels. Merger via a takeover seems most likely outcome.

[chancer6] 13/11/2007 20:09

02-11-2007

02.11.07 :+0, (3.53) Seymour Pierce has upgraded its recommendation on Corporate Services Group PLC to 'outperform' from 'hold' this morning on valuation grounds, analysts said. In a note this morning, Seymour Pierce said it believes the US general and specialist staffing business is holding up much better than its peers, many of whom are reporting double digit declines in net fee income. The broker noted that the shares are currently the worst performing in the staffing sector on a 1-month and 3-month view due to the recent announcement of accounting irregularities at Comensura, the vendor procurement business, and the subsequent postponement of its IPO. It believes that CSG still has to address its debt problem and without the IPO of Comensura, this will involve either the sale of another division, or a merger with another staffing company - either way the broker expects the company to announce a restructuring in the near future.

[chancer6] 13/11/2007 20:04

After Close Tonight: BritishBulls.

BUY-IF

2.3800
+0.0100 +0.4

CSV
Corporate Services Group (The) PLC
Daily Commentary

Our system posted a BUY-IF today. The previous SELL recommendation was made on 19.10.2007 (25) days ago, when the stock price was 3.7500. Since then CSV has fallen -36.53% .

A bullish pattern has developed and a BUY-IF alert is issued today.

[chancer6] 13/11/2007 20:03

The filtered idiot continues his stalking and the worse thing is that he/she thinks whatever they write has some kind of affect. Saddo spends day and day like that stalking several people.

[8trader] 13/11/2007 19:49

knowing.

Do try to explain to our walter mitty friend chancer that AT trades
at the offer price are actually sell orders getting filled and vice
versa !

[chancer6] 13/11/2007 17:45

IMO price has bottomed out today with the heaving buying has started. Only last week Allianz SE had increased their stake to 23% by buying 26 million shares at 3.41p. They have been increasing their stake throughout the year albeit at a more rapid pace over the last couple of months. A takeover by them can't be ruled out?

Some chunky buys today:

500K at 2.39p
500K at 2.39p - this buy trade went through on PLUS
500K at 2.55p
250K at 2.50p

I doubt the above were retail investors taking a punt. Others like the 100K and 200K buys are likely to be them.

[chancer6] 13/11/2007 14:54

Should get the push over 2.50p before close IMO.

[chancer6] 13/11/2007 12:43

That 500k buy put through now at 2.39p.

[chancer6] 13/11/2007 12:37

Another 500K is on the order book to go through at 2.39p.

[chancer6] 13/11/2007 12:37

All over the show. IMO Allianz SE could be in the market for more shares.

[chancer6] 13/11/2007 12:07

500,000 buy at 2.55p.

[knowing] 13/11/2007 11:56

8T leave it out please.

[vssnottm] 13/11/2007 11:55

Big buys going through

[8trader] 13/11/2007 11:55

Nothing to say on the Paro thread chancer ?

[vssnottm] 13/11/2007 11:53

L2 2.5 v 2.65 up 9.7%

2,274,317 traded.

[chancer6] 13/11/2007 11:05

WOW, good buying today.

[knowing] 13/11/2007 10:26

Yep that was August so wonder what they mean by short term.Small position here already but will look at buying more when it becomes clearer.

[typo56] 13/11/2007 09:46

Yes Knowing..."now unlikely in the short term". Which I take to mean they'll be looking to take other measures in order to reduce debt. Net tangible assets are still about £23m negative.

I don't have a position at the moment - just an innocent bystander!

[8trader] 13/11/2007 09:36

Oh dear, chancer is trying to pump and dump this now.

Firstly he lies about trade data, those are AT sales this morning
at 2.48p.

Secondly this company is still worth 25 million, it has far too much
debt and can barely make a profit.

Almost every other stock out there represents better value.

[knowing] 13/11/2007 09:31

Typo isn't Comensura just delayed?

[chancer6] 13/11/2007 09:19

Some good buys coming through.

[chancer6] 13/11/2007 09:01

AT buy trades in a long while!