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MCOZ Cosentino Regs

2.875
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cosentino Regs LSE:MCOZ London Ordinary Share GB00B0PFWS12 ORD 1P (REG S)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.875 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Cosentino Signature Wines Share Discussion Threads

Showing 26 to 50 of 100 messages
Chat Pages: 4  3  2  1
DateSubjectAuthorDiscuss
05/10/2007
09:09
Here's an extract from the chairman's statement in the last RNS which shows the company is solid;

"The period has seen a phenomenally rapid turnaround of the business. Our
pre-IPO philosophies are firmly back in place and I have re-assumed my former
roles of Executive Chairman and CEO and a President of US Operations as well as
a Chief Operating Officer have been appointed. Additionally, our balance sheet
has been greatly strengthened and the operating business is once again
performing at record levels. We look to the future with confidence."


They've had an excellent harvest in napa valley...so bodes well imo, dyoy:-0))

pre
05/10/2007
07:47
If you look at my posts back during the funding round I mentioned to you have the old shareholders would get stuffed. Well this happended and now they are the ones having all the fun.
This stock has a net asset value of perhaps some 50p and with an expected slowdown in fine wine buying in the USA the company is expected to produce better results but what about 2008 to 2010 if the harvest is again below average?
Its a very difficuly company to value......................

anley
03/10/2007
17:39
Nice 35K buy ....someone is accumulating...get ready for the next spike up:-)
pre
02/10/2007
09:35
sleeping giant here....further news/broker update will see a rapid move upwards imo, dyor;-)
pre
30/9/2007
18:19
Wonder if we'll get news on the institutional buyer which my broker referred to last week?
pre
30/9/2007
18:17
Wonder what the next week will bring....has this got a mention in the press this weekend i wonder?
pre
28/9/2007
09:00
Key message from chairman from this week's RNS:

..."The period has seen a phenomenally rapid turnaround of the business. Our
pre-IPO philosophies are firmly back in place and I have re-assumed my former
roles of Executive Chairman and CEO and a President of US Operations as well as
a Chief Operating Officer have been appointed. Additionally, our balance sheet
has been greatly strengthened and the operating business is once again
performing at record levels. We look to the future with confidence."



Interesting to note that this business has been turned around rapidly....will be interesting to see the upgrade broker note from Seymour Pearce:-0)

pre
28/9/2007
08:57
We'll interesting to note that this share had a write up yesterday in both the daily telegraph and FT to name a few.
pre
27/9/2007
09:28
Just moved up.....last chance to jump on before the train leaves imo:-0)
pre
27/9/2007
08:58
Interesting that my broker mentioned that they have an institutional buyer yesterday....bodes very well imo:-))
pre
26/9/2007
19:20
Breakout confirmed today.....will no doubt get positive write-ups in press tomorrow and strong re-rating upwards on the cards imo, dyor:-)))
pre
26/9/2007
16:33
Spoke with my broker...interestingly he mentioned that they have an institutional buyer today....bodes well for tomorrow.

In addition broker note will be out with upgrades and higher share price target....a sleeping giant this company:-))

pre
26/9/2007
16:30
just got sight of the results...wow....+60p tomorrow me thinks....remember these were £1.40 just over a yr ago......look very undervalued.
pre
26/9/2007
09:21
Top of the leader board today.
Looks like we have a chart breakout....

zabbadan
26/9/2007
08:57
EXCELLENT SET OF RESULTS

Cosentino Wines H1 pretax loss cut by 77 pct to 264,593 usd
AFX


LONDON (Thomson Financial) - Cosentino Signature Wines PLC narrowed its first-half pretax loss by 77 pct on the record performances of its retail and wholesale divisions and record turnover.

It said it sees excellent harvests this year from the Napa and Central valleys and is looking to the future with confidence.

The premium wine producer recorded a pretax loss of 264,593 usd for the period to June 30 2007 compared with a loss of 1.12 mln usd a year earlier.

Turnover rose 62 pct to 5.25 mln usd from 3.24 mln.

Chairman Larry Soldinger said the operating business is performing at record levels with strong demand for wine in the US, particularly in the company's key market segments, with prices upwards of 14 usd per bottle.

TFN.newsdesk@thomson.com

rsh/ms1

zabbadan
15/8/2007
16:12
By the way everyone should look at the press release put out on the company's website on their Cab Franc wines - its big news and should push sales forward.

Why can't their expensive London PR and Brokers get a grip on this and work for their money.

Why should a shareholder do their job?

anley
15/8/2007
12:23
Will the market understand the value that the new team is producing>>>>>>>>I hope so as these shares are worth far more than the current market price.

Well done Mr Soldinger.

anley
15/8/2007
07:46
EXCELLENT NEWS...

Cosentino Wines Sale and Leaseback Programme


RNS Number:1210C
Cosentino Signature Wines plc
15 August 2007

15 August 2007



Cosentino Signature Wines PLC
("Cosentino" or "Group")

Sale and Leaseback Programme


Cosentino Signature Wines PLC ("Cosentino" or "Group") is delighted to announce
it has concluded a sale and leaseback programme in respect of certain of its
principal winery estates and operating assets,. This will reduce Group
borrowings by some US$ 20 million and will result in annual combined net
interest and rental cost savings of US$ 310,000 (equivalent to a saving of
approximately 15 per cent.) The Group will also see annual depreciation reduce
by approximately $765,000. The sale and leaseback transaction has been
structured in such a way that the Group retains a repurchase option over the
leased property and assets.


Along with the sale and leaseback transaction, the Group has also established a
new $12 million credit line facility (with interest payable at the prime rate -a
reduction in rate of 2% over the Group's former borrowing rate).


After drawing down $7 million of the new credit facility, the Group will have
senior debt outstanding of $10 million, net cash of approximately US$ 4.5
million and $5 million of availability remaining on its new credit facility.


Larry Soldinger, Executive Chairman and CEO of Cosentino, commented:


"This is obviously great news for the Group and for all our shareholders. With
our borrowings substantially reduced and our current strong cash position and
borrowing availability, Cosentino is in an excellent position to allow us to
continue to pursue our exciting plans and growth strategies with renewed vigour
and much confidence. We are looking forward to an exciting and rewarding time
for all of us involved in the Cosentino business."


- Ends -



Enquiries:

Larry Soldinger
Cosentino Signature Wines
001 847 726 8100

Jonathan Wright
Seymour Pierce
020 7107 8000

Jonathon Brill/Billy Clegg/Edward Westropp
Financial Dynamics
020 7831 3113

zabbadan
24/7/2007
09:16
I wonder if Seymour Pierce are going to be able to understand the workings of the US wine industry?
Can they give their view on the breakup value of this business?
We will have to wait until September for more news but the directors did get the bargin I predicated some time ago.

anley
20/7/2007
16:48
Cosentino Signature Wines plc
20 July 2007


Cosentino Signature Wines plc

CREST Admission

Cosentino Signature Wines plc ('Cosentino' or the 'Company), the AIM listed Napa Valley based wine company, is pleased to announce that Cosentino shareholders will be able to hold and transfer interests in Cosentino's fully paid ordinary shares within the CREST system.

CREST is a UK electronic settlement system which allows shares and other
securities to be held in electronic rather than paper form.

Commenting on the CREST Admission, Chairman Larry Soldinger said, 'We believe
this admission will simplify the process of trading our shares and enable a
wider range of private and institutional shareholders to participate in the next stage of our exciting development and growth'.


For further information, please contact:

Seymour Pierce Limited
Jonathan Wright
Tel: +44 (0)20 7107 8000

Jonathon Brill/Billy Clegg/Edward Westropp
Financial Dynamics
Tel: +44 (0)20 7831 3113

zabbadan
20/7/2007
15:18
Cosentino Signature Wines plc
04 July 2007

4th July 2007

Cosentino Signature Wines plc ('Cosentino' or 'the Company')

Pre-close Trading Update

Cosentino Signature Wines plc, the AIM listed Napa Valley based wine company is
pleased to announce that the first half of the current financial year has seen a strong improvement in trading and operations at the Company's wineries following the change in management in early February, 2007.

Revenues in the first half of the year are up 62% year-on-year, delivering
record six month sales over Cosentino's 15 year history, and these record sales
fall in the industry's slower first half of the year. Retail sales have
continued their strong performance with a year-on-year increase of 24 %. The
Cosentino Wine Club membership has risen to 5,919 (2006: 4571). With pre IPO
management solidly back in place, the Company's operations have significantly
improved, highlighted by the Company's strong increase in sales to distributors, its primary source of revenue, up 96% year-on-year.

The encouraging trading coupled with the successful re-financing of the Company, which was completed at the EGM held last week, gives the Board confidence for a satisfactory result for the full year.

Interim results for the six months ended 30th June 2007 will be announced in
September 2007.


- Ends -

zabbadan
12/6/2007
10:11
Seems as though there is no interest in the company and the shares by the broker or the City.
anley
14/2/2007
12:19
Well true to form directors and some shareholders have managed to get back in at a very good discount to NAV.
All this leaves the original shareholders well stuffed (I am not one of these)as niche wine investments is a very difficult business to value.

anley
13/12/2006
17:19
Well with over 1m shares trading today I wonder who is selling and buying or are they put through deals to secure loss in the hope that another internal account makes a profit if they go up in the next quarter?????????????
anley
11/12/2006
17:41
I have a feeling that shareholders are going to be stuffed up after the American vultures have been through the books. If there is a funding it will be at a deep discount!!
Its a pity that Hermes the big pension fund does not take an interest in whats happended.

anley
Chat Pages: 4  3  2  1

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