Share Name Share Symbol Market Type Share ISIN Share Description
Croma Security Solutions Group Plc LSE:CSSG London Ordinary Share GB00B5MJV178 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 99.00p 96.00p 102.00p 99.00p 99.00p 99.00p 2,000 08:00:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 35.1 2.0 9.9 10.0 15

Croma Security Solutions Share Discussion Threads

Showing 526 to 549 of 550 messages
Chat Pages: 22  21  20  19  18  17  16  15  14  13  12  11  Older
Why are we looking at a 10p or 10% spread between bid and offer? Has 1 of the MM's stopped making a market in it? Anyone have level2 to see that?
So, everyone is profit taking today negating the gains of yesterday.
I've been struggling to build a holding in these, but today's rise has produced some much needed liquidity and I managed to pick up two lots of 25k, albeit at a cost. I still think there is plenty to go for here, however. Having now established a decent sized stake, I'll start posting the results of my analysis, although time constraints mean that I am unlikely to be able to address this before late May.
effortless cool
After so long in the doldrums it's looking good. About time too, still quite a spread between bid and offer though.
I can't put my finger on what is wrong with this business but I have a few ideas so I have sold out - loss against profits on VRS................
anley I suspect PR may have limited effect as their m/c size means they will be below the radar of most investors. CSSG need to grow, possibly by acquisition (and organic growth will take time) but given their modus operandi that is no doubt easier said than done. Growing and retaining a staff roster of ex-services personnel is not a quick process either. I like the company but remains on the watch list for now.
lovat scout
That is a good point but its PR is poor and in these markets its best to keep under the rader. I wish them well for 2019.
anley - I suspect CSSG is getting lumped with the same sentiment as the low margin high turnover outsourcing businesses such as Interserve etc. All CSSG can do is have a strong balance sheet to silence doubters. AIMHO etc
lovat scout
Down to 95p.......and no one knows anything.
Now what is the problem with the price after the AGM?????
Well the markets have dived BUT the share price has increased to 105p and that bodes well for the AGM and short term future...........
Well let us hope the AGM produces some news and a few of our questions are answered as well. The share price has increased towards the 100p so on the assumption that the markets do not dive maybe we see a bullish future.
Anley The company does look interesting although I suspect they need to do an investor day of sorts to increase interest and answer questions. CSSG is just too small for nearly all IIs atm. As you say credit control vital for this business as well as a healthy balance sheet and working capital requirements will increase in line with revenues. Probably not much WHI can do atm other than spread the word with some decent information
lovat scout
Thank you LS for your comments. Both of us have raised questions which do need an answer. Perhaps the way the stock price is reacting is a result of the wider market not fully understanding how this company can prosper and grow over the coming decade. Take your comment on Bad Debts - if they are to be written off then that figure makes for a P/L Loss and raises further questions on credit control based in Scotland............... Ask the broker and I suspect you will get a stare............ they were brokers to a company we both post on from time to time?
Anley Plc costs including directors just over GBP1m. GBP4.6m in total across all businesses seems a lot but running staff intensive businesses must incur quite a lot of admin costs - notes 3 and 6 to the accounts. Hitachi licence runs for another 4 years - no detail on exclusivity. I suspect the bad debts of 60+ days are being rolled through the categories and will be written off. I also can’t find any info about the quantum of the one off projects which doesn’t help. CSSG on my watchlist - looks interesting and cash flow is the main risk with this type of business but I couldn’t access investor’s champion for some reason. AIMHO DYOR etc
lovat scout
Had a quick look at the Accounts to find: 1 Large Administration cost of £4.6m for Head Office when only 6 people are involved........perhaps someone would comment 2 Bad Debts have gone from £68k to £263K (60 to over 90 days) ......why? Otherwise my recent comments stand and I see that the AGM is at 1pm on 28 November in London. Unable to come but hope someone does and my questions answered. I see the company has an indifferent broker in loss making WI Ireland but I don't surpose they will be of any help if you asked them a question. If I were the pricipal shareholder I would be looking for a new broker to get my company known and build on what the current directors have completed so far.
Investors Champion throw a word of caution as they seem not to understand the workings of the business or its future. NO 145p price forecast for the time being..................old poster so says.
Good point Mr10%....... Would like to know more on the shops - are they in good condition......are the goods for sale well presented etc etc............ Thanks.
Haven't studied this one before, I just saw the Investors Champion thing today, so I apologise if I am going over old ground here. Locksmiths division - has anyone visited them? 7 outlets all quite close, plus online sales - £3.15m turnover = £450k p.a. per branch. Hoping to have a look at them soon myself, I often go to that area. Fastvein... This is based on the (patented) Hitachi system. Croma seem to have a licence to use it for one application for which they have written their own software, so it's really their app they are selling, not the vein recognition biometrics technology. Hitachi own that. There was a crowdfunding thing on Crowdcube not long ago where someone had the European licence for the same technology to be used for payments systems. Not saying Croma can't make money out of Fastvein, just asking how much we know about their app and what sort of market it might eventually have. How long does Croma's licence from Hitachi run and what exclusivity have they got?
So how does FASTVEIN get going with the current management and who is the competition? Has the board set the AGM date? Its important as I am going to go and see what this company is all about. Good point on ex-military personnel although the company could start its own recruiting and training division for itself and other parties.
If FastVein™ does start to get going the current share price will prove an excellent entry point!
Agree- really need Fastvein to gain traction because pool of ex military personnel is not indefinite.
From a quick scan this division is or will be a big problem to solve. Croma Biometrics turnover fell slightly to GBP308k (2017: GBP346k) with an operating loss of GBP267k (2017: 186k). See my post 521 warning............
Fast forward to mid October and the AIM market is now in disarray due to a number of high profile shares being hammered down due to market conditions. In Croma's case sit it out and wait for the results and then we can all debate them and for some miss and others invest.................
Chat Pages: 22  21  20  19  18  17  16  15  14  13  12  11  Older
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