Croma Security Solutions Share Discussion Threads

[cheshire man] 31/7/2014 08:21

Yes still here bb :-)

[battlebus2] 31/7/2014 07:15

Hope you held Ali, trading ahead of expectations! Well done Cheshire Man.

[investali] 18/6/2014 22:21

No news and a reverse in share fortunes on what has to be said is little volume.
Not sure if I should hold or move on , we will see.

Ali.

[cheshire man] 13/6/2014 15:42

Elias Jones @EliasJones1 · 17h

One to Watch: Croma Security Solutions Group
Thursday, Jun 12 2014 by Elias Jones 0 comments
5
>One stock that I have been following and recently added is the Southampton Headquartered Croma Security Solutions (LON:CSSG) an AIM listed security services provider.Croma Security Solutions is split into four key operating divisions: Croma Vigilant, established in 1997 and provides guarding and asset protection; Croma Locksmiths, covering locks, safes and keys; Croma Security Systems for security and fire; and Croma Biometrics for identity management and access control. For me, a big part of my investing strategy is questioning management and over the past few years I have uploaded a number of these onto - including a recent Q&A with sector peer Westminster (LON:WSG).Talking to management helps me as an investor to get a real feel for the company other than the website bumf and regulatory news that comes out.To follow my management engagement style and after a small initial purchase of stock, I had a productive and very pleasant chat with the Chairman of Croma Security Solutions Group Mr Sebastian Morley a former Black Watch and Special Forces Officer.Operating with a June financial year end, Croma Security will be hoping to better their like for like figures of full year revenue to June 2013 of £13.2M, with their EBITDA at £0.34M.At the 31 December 2013 half year stage, revenue was reported at £7.31M, up 7.7% and an EBITDA of £0.3M, with Cash at £0.8M and with no bank debt or loan notes. The chat we had today was a general one and we have agreed to follow up with a Q&A which I will upload here for exclusively for - users, the key feel I defiantly had following our conversation was that CSSG is not in the hype and jam tomorrow game but are looking to be reflected by the market on actual achieved results, which I admire.Mr Morely pointed out, that Croma Security solutions is a cash positive, net profitable company with no bank debt, servicing predominantly the high end corporate UK market, with manpower security and technology systems.Mr Morley pointed out that a large amount of the 14m shares in issue were tightly held with strong shareholder support for the strategy the company is following.The potential as a shareholder with Croma Security Solutions does interest me, especially the opportunities that may open for the Croma Biometrics division in the future.All in all and a small purchase in, Croma Security Solutions, certainly fits the type of stock that I like and reminds me a bit of my early entry into Apc Technology (LON:APC) a stock I have been a holder for years and still keep close contact, hence the Croma Security Solutions Group being a 'One to Watch'.Hopefully over the next few weeks and exclusively onto -, I will be in a position to upload a basic business overview management Q&A article covering Croma Security Solutions.Ticker code: CSSR, Shares in issue: 14.87m, Current SP: 34p, Market Cap: £5.05m, 52 Wk Low: 16p, 52 Wk High: 37.75p. Disclosure: The Author holds shares in £CSSG

One stock that I have been following and recently added is the Southampton Headquartered Croma Security Solutions (LON:CSSG) an AIM listed security services provider.

Croma Security Solutions is split into four key operating divisions: Croma Vigilant, established in 1997 and provides guarding and asset protection; Croma Locksmiths, covering locks, safes and keys; Croma Security Systems for security and fire; and Croma Biometrics for identity management and access control.

For me, a big part of my investing strategy is questioning management and over the past few years I have uploaded a number of these onto - including a recent Q&A with sector peer Westminster (LON:WSG). Talking to management helps me as an investor to get a real feel for the company other than the website bumf and regulatory news that comes out. To follow my management engagement style and after a small initial purchase of stock, I had a productive and very pleasant chat with the Chairman of Croma Security Solutions Group Mr Sebastian Morley a former Black Watch and Special Forces Officer.

Operating with a June financial year end, Croma Security will be hoping to better their like for like figures of full year revenue to June 2013 of £13.2M, with their EBITDA at £0.34M.At the 31 December 2013 half year stage, revenue was reported at £7.31M, up 7.7% and an EBITDA of £0.3M, with Cash at £0.8M and with no bank debt or loan notes.

The chat we had was a general one and we have agreed to follow up with a Q&A which I will upload here exclusively for - users, the key feel I definately had following our conversation was that Croma Security Solutions management are not in the hype and jam tomorrow game but are looking to be reflected by the market on actual achieved results, which I admire. Mr Morely pointed out, that Croma Security solutions is a cash positive, net profitable company with no bank debt, servicing predominantly the high end corporate UK market, with manpower security and technology systems. Mr Morley pointed out that a large amount of the 14m shares in issue were tightly held with strong shareholder support for the strategy the company is following.

The potential as a shareholder with Croma Security Solutions does interest me, especially the opportunities that may open for the Croma Biometrics division in the future.

Special Offer: Invest like Buffett, Slater and Greenblatt. Click here for details »

All in all and a small purchase in, Croma Security Solutions, certainly fits the type of stock that I like and reminds me a bit of my early entry into Apc Technology (LON:APC) a stock I have been a holder for years and still keep close contact, hence the Croma Security Solutions Group being a 'One to Watch'.

Hopefully over the next few weeks onto -, I will be in a position to upload a basic business overview management Q&A article covering Croma Security Solutions.

Ticker code: CSSR, Shares in issue: 14.87m, Current SP: 34p, Market Cap: £5.05m, 52 Wk Low: 16p, 52 Wk High: 37.75p.


Disclosure: The Author holds shares in Croma Security Solutions (LON:CSSG)

- See more at: hxxp://www.-.com/content/one-to-watch-croma-security-solutions-group-83991/#sthash.bK7rirg3.dpuf

[battlebus2] 13/6/2014 13:52

Well done those who continued to hold, not many blue on the markets today.
I must admit to being tempted :))

[cheshire man] 12/6/2014 09:21

Elias Jones ‏@EliasJones1 25m
Will be releasing an article this evening on Croma Security Solutions #CSSG net assets 8.67m, H1 pbt 0.14m revenue up 7.7% low 14m shares

[investali] 11/6/2014 19:42

News must be a coming.

Glad I held through the dip.


Ali.

[cheshire man] 11/6/2014 16:07

A few buy's moving us up I see :-)

[investali] 29/5/2014 23:57

Oldtown that news maybe in the morning given the spike today. Here's hoping.

Ali.

[oldtown] 29/5/2014 12:36

looking good update due any day now .

[oldtown] 24/4/2014 12:58

still here also, like all aim shares will drift a tad without news, but i am expecting it will move on the next news.

[battlebus2] 24/4/2014 12:09

Still here Cheshire Man, we have been given a break this week while others are on their Easter holidays.

[cheshire man] 24/4/2014 11:53

Wonder if there will be news on any acquisitions ?

RNS Number : 0464B
Croma Security Solutions Group PLC
27 February 2014

Outlook



The Board considers that the recent investment in new products, management systems and the identification of operational efficiencies have positioned the Group very well for the coming year.



In particular the roll-out of Fastvein and VIPS, both in the UK and abroad, provide real opportunities for growth, and the Board will continue to look for appropriate acquisitions to increase the Group's geographical coverage and service offering.



The board are encouraged by the 6 month's results and outlook for the remainder of the year. With continued trading present level through the second half of the year, the board would expect to declare a dividend on the full year results.

[cheshire man] 24/4/2014 11:48

Nice to see your still with us bb :-)

[battlebus2] 24/4/2014 11:30

Trading update was the 26th last year so maybe another one anytime soon.

[oldtown] 11/3/2014 10:07

No stock available to buy online at all and yet you can sell to them at a premium of over 1p for 25k online.

[bollers] 11/3/2014 09:40

Max I was offered online was 100! Got 5K at full asking price via dealer though.

[battlebus2] 11/3/2014 08:51

Moved on 1k.

[oldtown] 10/3/2014 15:08

only 2k available at 35p, premium still being offered for stock.It's looking like any buys will move this.

[battlebus2] 10/3/2014 13:35

Very hard to get any stock today :))

[battlebus2] 09/3/2014 12:10

Broker target is 40p though they do say this is a discount to the sector so more headroom for further price increases to come imv. If fastvein has any traction we could see a sharp rise.

[battlebus2] 07/3/2014 17:20

Yep someone certainly wants these shares, tried to buy a few today but the mm was asking well over the offer even for 10k.

[oldtown] 07/3/2014 11:44

Yet again max buy at offer is 2k can sell 25k online at a 1p premium.

[phowdo] 07/3/2014 08:19

I think the Vips stuff has a nice potential upside "for free" in addition to the fastvein systems. Any out of the blue big contract wins in those areas and your multibagger prediction will certainly be on. Chart looks like it could reach that 42p area of consolidation.

[oldtown] 07/3/2014 06:53

I am holding ,and increased on the profit taking after the solid results.
It is still undervalued on any normal basis and at a rock bottom valuation in its sector.
Fastvein is so far unproven commercially but the market valuation as it stands today is more than backed up by existing business and that is starting to move with the rest of the economic cycle and if Fastvein started to win contracts then this could be a multi bagger from here.
If these low valuations persist i really would not be surprised to see a MBO.
all imho