Cscape Share Discussion Threads

[25wbh] 04/3/2011 09:57

Mkt Cap: 1.98M
Not very high is it ,Friday profitaking as usual .One div Bluesky is worth 6 Million if hived off alone.Makes a good profit every year,but in the last few years this has been wasted on head office overheads and the Printing division which has now been flogged off to management

[kiwi058] 04/3/2011 09:56

.................But is it worth buying on the 'dips' at this price?

[tara7] 04/3/2011 09:52

MM now dropping the price [as is their job to make money].!!

Have an idea it will turn sometime today.

[maxbubble] 04/3/2011 09:48

Also Corp Tax

There are unrelieved Group losses of £2,600,000 (2009: £3,379,242). Deferred tax assets are not recognised until
the utilisation of losses is foreseeable. The unprovided deferred tax asset in respect of these losses is £728,000
(2009: £953,000).

[25wbh] 04/3/2011 09:27

The Tax that the 60 plus staff are generating must be About £1million anyway,swings and roundabouts,not includin N I.Keith or Directors, i would say £1.5million more like

[maxbubble] 04/3/2011 09:10

Keith has already put in £250k so that will repay some and keep the taxman away for a while. He can then raise monies at different stages as and when. We might be able to do an RTO with some tax losses which would help to avoid CT for a while. I'm sure the revenue will work with with repayments them rather than laying 50-60 staff off.

[st magnus] 04/3/2011 09:02

the tax issue:

The company will have degotiated a deal with the taxman (that in reality is how it works).

At any rate a company such as this, if the taxman takes it down he gets nothing, if the taxman agrees a deal he can get it all paid (in time). IMO the asset that these type of development companies have is the the future profit potential. The actual tangible assets would be limited. If as they stated in the accounts, they are able to make enough profits to pay off (over time), the tax liability, then we will be quids in.

[25wbh] 04/3/2011 08:53

Probably, as i said before ,the Chaiman 2 years ago paid 50p eqiv to 500p today to buy £500k worth of shares. these should be much higher than they are now and why so may people didnt spot this before i shall never know

[andrbea] 04/3/2011 08:47

slight retrace...

yesterday it went red to blue too
seems to be a daily pattern
they probably need all the stock they can get to cover (the next) sharp rise. ;-)

[25wbh] 04/3/2011 08:06

That might be an embarrassment to the Directors as they had the consolidation only for Keith as it was said that the shares at the time at 7p were below the "Nominal Value " of 10p, with a little more effort by the company they could easily have raised them to 18p which they are today £1.80p after consolidation

[tara7] 04/3/2011 08:02

SEE toplist on ADVFN under constant risers, might like to copy over.!!

[tara7] 04/3/2011 08:01

Should see some weekend press, ie top riser on the week in the FT and D.Mail

Might even get a write up.!

[kennyruss] 04/3/2011 07:58

agreed 25wbh

well wonder what kind of day we are in for today...

[25wbh] 04/3/2011 07:28

Morning all, Re JonC as i said before, click on him and see the web sites hes started, the answers there.

[flesh] 04/3/2011 00:03

Ahhh! re post 470. Think I've got it!!
Youn work/have worked for CSC??

[flesh] 03/3/2011 23:58

Re 470 ??
Can't see the relevance of that post - sorry if i'm missing something obvious.
But can i ask? Have you previous history with this share? Why your interest in warning people from it?
No more conversation tonight - going to bed, will check reply tomorrow
Rgds

[flesh] 03/3/2011 23:37

No problems for exchanging views!
No interest in stopping you!
15mins - I think thats less than your time in a company you're NOT interested in?
I have been invested a while, am happy and in profit
Again, what is your motive?

[jonc] 03/3/2011 23:36

Post 1318 and 1319

[jonc] 03/3/2011 23:34

Err this is a forum for exchanging views and commentary.

What is your interest in stopping me?

As for spending a lot of time, 15 minutes maybe.

[flesh] 03/3/2011 23:27

Thx for your input JonC.
However, you have made your point,in your view.
You're obviously not interested in investing in this company.
My question to you - Why spend so much time discussing your concerns
in a company you are not interested in? Do you look at random companies
and think....I wouldn't invest in that....I must warn other people!?

What I have learned in my trading experience is trust in your own research
There will always be rampers and derampers, but I have learned people who try
to warn you away from investing, have a reason. And it's usually NOT for your benefit.

My question for you JonC....What is your interest for warning people off this
share? What interests do you have in warning people off from this share??

[kennyruss] 03/3/2011 22:56

its pretty straightforward,

if the outstanding liabilities scare then don't invest, looking at the bigger picture going forward its a minor issue imho.

blue sky is worth several millions rightway, so the liability is easily covered IF IT EVER got to that stage..

as tara7 says, CSC has survived the carnage of the last 2 years...if it was going to die it would have happened then... we are still here..

[st magnus] 03/3/2011 22:41

'These cash flows show continued reduction in amounts owing to statutory authorities and the Group
estimates that in the next twelve months the majority of the outstanding amounts will be repaid but this is subject to
continued improved trading performances of its two principle subsidiaries.'

per the accounts.

So there is rolling cash flow forecasts that show the tax going down, if this remains true, then maybe not so serious..... the tax man is happy, and the peeps could be happy????

Lets wait and see...

[jonc] 03/3/2011 22:22

Don't be naive.

You think that a tax debt of £1.5m that has been outstanding for in excess of 18 months and represents around 1/3rd of turnover is not serious. lol.