Conduit Share Discussion Threads

[madengland] 01/10/2012 21:09

Me and you D1nny, will be a wee kick to myself and tear in a pint if it happens asap but had a good run nevertheless hej. Good luck Funkmaster et al who are still in big. Kept a few but nothing big now for me.

[funkmasterp12] 01/10/2012 17:02

Why would the price spike so high on a 32k buy when 90k went through at 89p last week which seemingly made no difference?

Either the MMs know who the 32k was being sold to or something else is going on. Either way I'm both excited and very very very nervous.

[d1nny] 01/10/2012 15:57

Yea, i'm the same as Madengland. I made a nice profit from this but i'm not sure if the price will hold without some news from Havas.

I'll probably be kicking myself in a week as well but Ho hum indeed.

I think the reason that the market is weary of CRE is due to its structure and that it is actually a number of smaller companies, which makes senior management a little difficult when you have so many separate personalities.

[madengland] 01/10/2012 14:53

Yes indeed. Good luck folks. I took a big chunk of mine off the table, I agree it stays up for a few days that was an early take for me. Ho hum, how the cookie crumbles sometimes. Been a good run and have a few more. Good luck

[rivaldo] 01/10/2012 14:38

Looks like an almost 32k buy at 94p an hour ago was enough to get things moving. Stock must be pretty scarce.

[gretel1921] 01/10/2012 14:20

It needs to stay abough 90p for aday or two to go further.

[gretel1921] 01/10/2012 14:18

I am in for the long haul

[rivaldo] 01/10/2012 14:18

New recent highs now....

[madengland] 01/10/2012 13:54

Looks like its off up again!

[madengland] 28/9/2012 14:59

and you never get poorer when you take money off the table. We are up 75% on the 50p lows

[madengland] 28/9/2012 14:37

gretel - past experience, current market....

[gretel1921] 28/9/2012 14:09

The current P/e ratio easily supports the current price,
fail to see why everybody is so negative. This share should be rerated going by p/e ratios for the sector.

[madengland] 28/9/2012 11:35

Yes funk, I do not trust the current share price But one thing is for sure, whatever is going to happen, will happen, and not when we expect it to happen. Good luck all, you pays ya money and ya takes ya chances. MadE

[madengland] 28/9/2012 08:45

Jump in share price is all down to the bid being moved and spread opened........hmmm, what's the game

[funkmasterp12] 27/9/2012 19:00

Have set a stop not too far from the current bid price. If it does bail down to 80p I've got no problem coming back in, but I'm also nervous as to whether the market really rates CRE above the current price on fundamentals alone.

Completely can see the point made by a previous poster RE their operating profit - and their lack of net debt also a huge plus - but if the Nov interims are even slightly negative and there's still nothing from Havas I can see this going back to 60p level.

Totally goes against my normal measured patience but I feel rumour is driving this now, not business.

[markt] 27/9/2012 18:41

" If I was Havas I would wait a few months, Cre will drop if they do that"

I was thinking the same thing but I didnt want to say anything !....often stake builders will want to do it in a very slow boring way (such as picking up unwanted stock on dismal market days) and being careful to avoid driving up the price....

but....at the moment CRE is at the bottom of its trend line...its had a rest...could well move up again from here,..done it of the last few times in the up channel.. but perhaps depends in part on what the FTSE and DJIA do....

Riv, Mag....if interested, I've picked up a few MOS

[madengland] 27/9/2012 16:24

If no bid soon, I think we will see this dropping down and settling around the 50 day moving average, so about 80p mark. My buy price is 77p. Chw and Cll seem to be motoring at present. If I was Havas I would wait a few months, Cre will drop if they do that. Of course, a bid now, quids in. Tough call imo

[madengland] 27/9/2012 16:14

Agree long term its a good buy at this price. Just wonder if Havas are going to take their time and let the price drift, I would in this market, whats the hurry?
Looks like someone may have/are taking a pretty large short position if this loan stock is correct. Not sure it relates to creston, but the stock has been manipulated before and that has opened up some good opportunities to buy.



Plug in CRE in right hand box.

[d1nny] 27/9/2012 14:04

my view on this has been and will always be that while CRE is running an operating profit of 12.5 %. It is an incredible investment regardless of any takeover bid.

Any ROI above 10% is in fact very good news, therfore I will be holding this share until the price is about 120

[rivaldo] 27/9/2012 13:51

Back up today. Thx for that Funkmaster, useful info again.

I can't believe Havas would take a 6% stake here costing £3.5m or so and just sit on it without doing anything more. It's imo just a question of time and strategy as to when something happens.

[funkmasterp12] 26/9/2012 21:04

News from Havas. They're re-branding to alleviate confusion from having a myriad of different companies. The bit that caught my eye though in relation to CRE is the shift towards putting Digital at the heart of everything they do. Got to be interesting if they indeed view CRE as an acquisition to help with their Digital focus.

"HAVAS REBRANDS EURO RSCG WORLDWIDE NETWORK TO "HAVAS WORLDWIDE"
TO UNDERSCORE UNIQUE INTEGRATED STRUCTURE
HAVAS REINFORCES ITS POSITION AS THE MOST INTEGRATED, AGILE, ENTREPRENEURIAL AND CLIENT-FOCUSED COMMUNICATIONS GROUP

The digital revolution has broken down the borders between creative and media and within the different communication disciplines, and technology is in the process of transforming business models in many sectors including the advertising industry.

Against this background, Havas has implemented a unique business model with a simple, clear, agile and integrated structure placing digital at the core of all its activities and agencies, unifying creative and media assets and strengthening the visibility of its global brand by renaming its largest network.

David Jones, CEO Havas, commented: "A decade ago, we set ourselves apart by being the first major communication holding company to place digital at the core of all our agencies around the world. I think we're once again pioneering through the integration of creative, media and digital. Our industry doesn't make it easy for clients. They are the ones who have to do the hard job of sifting through big bureaucratic holding companies to try to get a variety of different companies, cultures and P&L's to work together; to try to get creative, media and digital to collaborate.

With this name change and with the moving together of our creative and media companies in Paris and New York, we're aiming to reinforce a key competitive advantage of Havas – that we're the most integrated of all of the communications groups with the simplest structure that can offer our clients a powerful combination of creative excellence, digital expertise, scale, agility and innovation."

The Havas group will now consist of 2 main brands: Havas Media, which includes all global media agencies, and Havas Creative, which includes the Havas Worldwide network and the Arnold Worldwide micronetwork (16 agencies in 15 countries on 5 continents) and the other communications agencies.
As of today all Euro RSCG agencies are renamed Havas Worldwide (316 offices in 75 countries, including the Euro RSCG, Euro RSCG Life, Euro RSCG 4D and Euro RSCG WW PR brands). The rebrand will not create any changes in leadership.
David Jones added: "Today with the rebranding we're making a small change, but it's one we want to use as a catalyst for driving big change through Havas and the broader industry."

The rebranding also includes the creation of Havas Digital Group, a new umbrella brand that will operate across both media and creative. Havas Digital Group will purely be a brand name as opposed to a new network or new operational division and reflects Havas's continued commitment to its digital at the core model.

The Havas Media brand, as well as its network names (MPG, Arena Media Communications, Havas Digital and Havas Sports & Entertainment) remains unchanged. Havas Media will reveal a new visual identity at the beginning of 2013."

[madengland] 25/9/2012 15:02

bsharman - its a fair point that they do, but they also are extremely acquisitive and have stated that as an intention. What they are not is traders or fund managers however.

They could wait a while to make an offer of course, but I think they will. I sold quite a few chunks today as I wanted to cover the chance they will drift lower and was over exposed. I had to take a drop in price, but as rightly pointed out, not much of a drop considering sells today. I still and will continue to hold a good chunk

[bsharman3] 25/9/2012 14:39

apparently Havas have small stakes in quite a few companies... what is to say that they will actually bid or increase their holding? Perhaps they just thought (like myself) that Creston is way undervalued and now will offload with a decent profit?