Creative Education Share Discussion Threads

[k123] 27/1/2006 14:51

Results are here.
Are they good?Sorry I have no history to this company.

[pugugly] 27/1/2006 14:50

bcf203. Re porported directors sales have looked for comment on digital Look and can find no referece - Please supply link

HOWEVER fianl results

Net cash outflow before financing (4,022,103) says it all (imo).

[one stock] 27/1/2006 12:59

The company should make some kind of statement or ask for it's shares to be suspended until it reports or clarifies it's position. The price movements over the last 2-3 days directly before the results look suspicious.

[one stock] 27/1/2006 12:52

I disagree for several reasons;

1) Directors aren't allowed to buy or sell in closed period. They have been in closed period for months.
2) Directors wouldn't transfer assets in for 5p a share in October and then sell in the market for 0.2p or 0.3p in January even if they were allowed to trade. That wouldn't make sense.
3) I haven't seen any RNS disclosure and Directors have to inform the market when they trade in their own shares.

[long and short] 27/1/2006 12:17

Looks like David Alexander sold 2.5m at 0.3 for £7,500 and 2.5m the following day at 0.2 for £5,000. (19th and 20th Jan)

Whats going on? Going bust??

To buy at 1p or 1.5p would surely be silly when a director is willing to take .2p????

[pugugly] 27/1/2006 11:38

bcf203. I make that on £15K. If the report is true. situation must be desparate if true. If not someone is trying to ramp - but if true should have been an rns.

[bcf203] 27/1/2006 11:07

David Alexander (CEO ) has sold 5 Million at .003 pence according to digital look but no RNS. This is well below current price so very strange. Looking like a complete disaster. This should be a very profitable sector - but management rubbish.

[long and short] 18/10/2005 16:48

Another £2,000 of sales today. No buyers, not even monkies!

[one stock] 18/10/2005 09:18

"Continued selling"??? What the sale of £2,000 of stock yesterday? Has the King's Head Share Club sold out completely or is there still a stock overhang buyers should be aware of? If you follow this link and scroll down there's a picture of your financial advisor wearing a little pink dress and blue glasses.

[long and short] 17/10/2005 16:00

Does continued selling indicate results will be poor??

[one stock] 13/10/2005 18:02

No it doesn't. Cash flow at the operating level relates to the business only. Fund raising inflows are included under the heading Financing in the cash flow statement. Whoever sold 50,000 at 2.75p today knows diddy squat.

[long and short] 13/10/2005 16:04

One Stock

Your analisis of cashflow is deceptive becaue it includes fund raisings.

Someone continues to sell today, so I guess they know something you do not.

[one stock] 13/10/2005 09:27

Pull the other one, it's got bells on. They have a 5 month old £18m credit facility. That's 3 times their market capitalisation so the Bank Of Scotland must have some confidence in them.

If you look at their cash inflow/outflow at the operating level over the last 3 half years, it's gone;

H1 03/04 outflow £1,018,101
H2 03/04 outflow £364,406
H1 04/05 inflow £236,062

Can you spot the trend? It's the result of an ongoing turnaround of acquired nurseries, improving occupancy levels, and operational gearing.

The recent price drift is the result of investor frustration and no new numbers to confirm the company is continuing to make progress.

Obviously, this is a difficult company to value because of the goodwill packed Balance Sheet and growth fuelled P&L losses but I can see the price rallying to 4p-5p over the next 2-3 months.

[long and short] 12/10/2005 16:02

I am guessing they have run out of money because they are making losses and have large bank borrowings.

Looks like a discounted fund raising or a winding up.

[mwalpole] 05/8/2005 15:50

terrible share.

[fusebox] 21/5/2005 14:39

I think i am right getscenic....it was ramped up but an unprofitable co and buying another unpofitable co at that.

Dont bother going back in again if the fall continues.

You might not get out next time.

[getscenic] 21/5/2005 14:36

you could be right fusey, I sold back in april. only thing on thier side is the freehold property which they should do a leaseback deal to raise funds rather than keep issue new equity.

[fusebox] 20/5/2005 23:01

Emergency exit>>>>

[getscenic] 27/3/2005 12:24

it can trash this all it wants, like the heading says" welcome to the kindergarden"
bashy why pay to join the ranks of you sad act.

[spectrum7] 27/3/2005 12:20

You will have to put a lock on the door scenic.....she keeps getting out...lol

[dr agon] 27/3/2005 09:33

another freeloader thats too tight to pay their subs!!

lol!

[getscenic] 20/3/2005 17:02

teenuc,
The small buys are prob. from the RHPS tip. The sells are from holders from last year that have been watching NAE fall out of the sky.
I'm out now, hoped for good things from this but with NAE warning and very thin interest cover this is just to risky.
Good luck to the rest of you guys.
ct

[teenuc] 20/3/2005 12:24

very quiet on this B.B. is there no good news for this stock.
seems to be plenty of small buys and a few medium sells.
does anyone know anything.

teenuc