Cradle Arc Share Discussion Threads

[fillipe] 24/1/2018 17:02

Align are usually well "on the ball" and worth checking out their research note.

f

[fillipe] 24/1/2018 17:00

I like the look of this one, which from memory does not have a large free float.

I took some today, but it was hard work to get a decent quantity....only seeming to loosen up a bit towards the end of today's session.

gl

f

[zcaprd7] 24/1/2018 16:45

Anyone know about this listing?

[gunner71] 24/1/2018 16:44

GOOD LUCK ALL

[weeeck] 25/6/2015 09:07

alimo
This thread is dead, try TPG Corac's new ticker

[alimo] 24/6/2015 19:22

Hello (hello...echo!) whatsup?

Is this ready to take off?

[stocktastic] 15/6/2015 13:26

Thanks Cerrito

'Also CEO recognized that having a bespoke unit for every well which was at the end of its life did not make sense and also fact that only works out with wells that are dry and not always practical to establish before hand which wells are dry'

The latter two points were always valid, so why did they ever bother?

[bullster] 14/6/2015 21:37

david77,

What price was gas when Hillcorp came in, out of the blue, financing the down hole tests ?.

[david77] 14/6/2015 08:12

I bt into Corac for its DGC project but it has been killed by the American share gas revolution. They now have so much gas in America that the price has fallen and the DGC is no longer a viable project.

[dashcroft70] 13/6/2015 16:40

No Bullster.

Those responsible for the design and specification have yet to be dispensed of.

Those responsible for the 'design', 'checking' and 'approving' will hang around for a short while, until someone realises that the wrong decisions have been made.

They all know who they are. I do.

Corac has a history of keeping the incompetence and showing the door to those who possess the real knowledge and skill, hence why CET is in the dire state that it is. For me, this is a real shame, as CET is the Corac which I bought into and it's now a lifeless sorry wreck.

[bullster] 13/6/2015 11:52

Dashcroft70,

Firstly you tell us about Corac getting rid of all these indispensable engineers. Then you tell us about the shaft breaking.

So tell us who designed the shaft or specified the grade of steel to be used.

Yes, those same incompetent lot who have been shown the door.

[supernumerary] 12/6/2015 23:34

" 'E's not pinin'! 'E's passed on! This parrot is no more! He has ceased to be! 'E's expired and gone to meet 'is maker!

'E's a stiff! Bereft of life, 'e rests in peace! If you hadn't nailed 'im to the perch 'e'd be pushing up the daisies!

'Is metabolic processes are now 'istory! 'E's off the twig!

'E's kicked the bucket, 'e's shuffled off 'is mortal coil, run down the curtain and joined the bleedin' choir invisible!!

THIS IS AN EX-PARROT!!"

[dashcroft70] 12/6/2015 22:45

What is interesting and a rationale I just do not understand is very recently, more Engineers were made redundant from CET just as the Slough site is being stripped down, equipment shipped off/sold off elsewhere and the doors to development and research being closed.

These Engineers to go are those who have been involved in the development of CET machinery such as Spirax and Star and the only engineers who have the ability to build and test them. This comes after Star was shipped to the customer and rather disastrously the machine suffered a shattered shaft and now there is no one around to put things right. After all the money put into this project, it now lays a dead heap going no where, doing nothing.

Are we just going to hang on to the tails of the rest of Corac to see any return on our investments? There is nothing significant left apart from owning a few companies, one of which merely breaks even.

[alchemy] 02/6/2015 14:34

AH

Change of name to TP Group plc

Further to the announcement made on 22 May 2015 the Company advises that it now expects the name change to TP Group plc to become effective on 3 June 2015 and on the following day the Company's London Stock Exchange Tradable Instrument Display Mnemonic ("TIDM") will change from CRA to TPG. TPG plc shares will continue to be traded on the AIM market of the London Stock Exchange.

[pavey ark] 01/6/2015 16:52

From the company statement 27/3
"initial income will be generated through consultancy services to establish a manufacturing supply chain and support Spirax's global roll out and through the technology transfer process. In addition, there is an option for Spirax to commission Corac to manufacture and assemble initial units to support launch during supply chain development. Long term income will be derived from Technical support to Spirax engineering teams for ongoing service management.

Once production is established, Corac will receive royalty income for its equipment sold in packaged steam products. This is anticipated to be in excess of GBP0.5m per annum, and having a direct impact on operating profit. Royalty income is expected to rise from this level as the technology/products are adopted, and sales grow as they are introduced across Spirax's international customer base."

Corac will continue its commercial collaboration with Spirax to explore opportunities to design additional products in the range, delivering greater returns to end users."

Now that's what I call commercialisation.

Corac's deal with a very large company like Spirax will not be lost on those currently testing the gas expansion generator in the US.

It's rather ironic that Corac's technology, the main thrust of which was supposed to get more and more fossil fuels out of the ground, is now being applied in this way.(not quite the same technology but you get what I mean)
It is difficult for companies, hospitals, local authorities, universities to resist this type of thing especially as they can then say "look how we are working to reduce our carbon footprint"
I would imagine that the Spirax salesforce are pushing against an open door here.

There are many other opportunities for this technology and my previous guesstimate of sum of parts value hasn't really taken this on board.

Edit: with regards to the above £0.5m and rising, this is the royalty income once the third party manufacturing is set up and what we got today was an order to manufacture the first units. There is also the gain from consultancy work and assisting the set up of the third party manufacturing.

[pavey ark] 01/6/2015 15:27

azalea, fair point,I tend to forget that the time scale of my reinvestment here is different from others.

Septblues, rather easy for any investor to take the three units and look at the figures from last year and then try and factor in what has happened since.
lets say £8m cash and tax losses are then added and a picture should emerge.

If an investor gets a figure less than say £50m then I suggest they give the old calculator a bang on the edge of the table and start again.

[bullster] 01/6/2015 15:21

RNS Number : 8468O :
Corac Group Plc: 01 June 2015

Corac Group plc: ("Corac" or the "Company")

Change of name to TP Group plc

Further to the announcement made on 22 May 2015 the Company advises that it now expects the name change to TP Group plc to become effective on 3 June 2015 and on the following day the Company's London Stock Exchange Tradable Instrument Display Mnemonic ("TIDM") will change from CRA to TPG. TPG plc shares will continue to be traded on the AIM market of the London Stock Exchange.

[azalea] 01/6/2015 11:18

PA. Everything is relative. In my book any company whose share price has fallen from over 80 to less than 5p, in 7 years, has effectively crashed.The mythical Phoenix is an apt way of describing any company whose share price now appears to be rising from the metaphorical ashes in which many investors got their fingers severely burned.

[pavey ark] 01/6/2015 10:49

Just heading out but certainly much more than £27m.
I see the share price has now staggered back to where management were buying in September.

[septblues] 01/6/2015 10:30

Pavey

please remind me what are your sum of the parts component valuations again