Csf Group Share Discussion Threads

[philjeans] 03/7/2015 07:46

Agreed - good progress made here recently.

A revised lease rental would restore profitability here overnight and the share price would rocket.

Keep the faith.

[nazrat] 03/7/2015 07:27

SteMis, In the real world the freeholder would loose a lot more if he lost a tennant like CSF as it could take a long time to find a new suitable tennant. A consistant paying tennant is better than no tennant.

[stemis] 03/7/2015 07:18

Given the competitive pressure on data centre rental prices and the operational cost structure of the data centre rental business, the Board recognises that even if the data centres attain full occupancy, the Group's data centre rental division will operate at a loss based on the existing lease rental rates payable to the freeholder. Therefore, the proposal to reduce the lease rental rates is imperative for the viability of the Group's data centre rental business.

Basically this is a zombie company operating for the benefit of the freeholder. Why would the later allow any reduction in the rentals just to allow the money to be paid out to shareholders (as opposed to reducing rentals just enough to keep CSF alive)?

[replicas1967] 03/7/2015 07:17

Not very active as of yet ?

[gspanner] 03/7/2015 06:59

Hmm, reasonable turn around, wonder if anyone will buy any!

[chrisdgb] 28/4/2015 09:02

Yes.........

[diku] 28/4/2015 08:04

Are you in NCON?...

[chrisdgb] 28/4/2015 08:01

Cheers for the comments, I also noticed it is past the 12 month period, when the stake was purchased..

[diku] 27/4/2015 21:31

chris....me thinks those still holding have probably lost the clue and written off in their minds....

[gspanner] 27/4/2015 21:17

No news for some time, thought a business update may be due which should set some light on whether this really is recovering or just priced to go bust 'the crunch'(as it is now).

[chrisdgb] 24/4/2015 08:10

Anyone have a clue with this one..??

[steveo18] 04/2/2015 19:16

Interesting primer


How The Foreign Corrupt Practices Act Is Affecting Asia
Posted by: Asia Briefing January 10, 2015

The Foreign Corrupt Practices Act (FCPA) is a piece of United States federal law that aims to achieve accounting transparency and clamp down on corruption. Its remit is extensive and includes both U.S. companies and companies incorporated in the U.S., along with their officers, directors, employees, stockholders, and agents. The act prohibits payment to foreign officials, which it broadly defines as being: “any officer or employee of a foreign government or any department, agency, or instrumentality thereof.”
Although in place since the late 1970’s, actions under the act have been particularly prolific over the last year. The American government has already settled a number of corporate FCPA enforcement actions, including the US$384 million settlement in January with Alcoa Inc for the bribery of officials of a Bahraini state-controlled aluminum smelter.
As foreign investment into the Asia-Pacific region has increased dramatically over the last decade, so too has the scrutiny and enforcement efforts of the FCPA. The act’s investigators are likely to be even more active in the coming year, with the U.S. Department of Justice claiming that the investigations will be conducted more “swiftly, efficiently, and effectively”. As we approach the new year, we take a look at how the FCPA might affect key nations in Asean.

PHOTO: Gunawan Kartapranata
Asean Headquarters in Jakarta
The 10 member states that make up Asean are among the most populous and fastest growing economies in the world. Thanks to an abundance of cheap labour, the region is fast replacing China as a global manufacturing hub and the land is rich in natural resources. The December 2015 deadline for the Asean Economic Community (AEC), which aims to turn the 10 nation bloc into a single market and production base, is just around the corner.
Tariffs and other barriers to FDI are being slashed; previously well-guarded sectors are, for the first time, being opened up to the outside world; and movement of labor is growing ever freer. It therefore comes as no surprise that foreign investment into the region has been increasing dramatically in recent years.
However, as is often the case with fast-growing frontier markets, corruption is rife. Underpaid bureaucrats and government officials will often expect payments for providing routine yet necessary services, and there is often a lack of political and regulatory transparency. The line between the public and private sectors is often blurred, and there are constantly opportunities for bribery, either unwitting or otherwise.
Inevitably, the increasing flow of foreign investment has attracted the attention of FPCA investigators, who have been stepping up their efforts throughout the whole of the Asia-Pacific. In November, U.S. President Barack Obama met with APEC leaders who agreed to “elevate their efforts in fighting corruption and bribery” across the region.
Violating the FCPA can have severe consequences and a full understanding of the law and how it affects where your business operates is therefore paramount.
Singapore
The city state is something of an outlier. It ranks consistently high in Transparency International’s Corruption Perceptions Index (CPI) as not just the least corrupt Asean nation, but one of the least corrupt countries in the world. This year it ranked seventh out of 175 countries. Its transparent legal regime and modern banking system have made Singapore a popular destination for foreign investment, particularly amongst those hoping to launch their operations into Asean. Risk of corruption is minimal, and there has been no recent action by the FCPA there. Indeed, Singapore has become something of a compliance hub for the region.


Read more: How the Foreign Corrupt Practices Act is affecting Asia hxxp://www.establishmentpost.com/foreign-corrupt-practices-act-affecting-asia/#ixzz3QnzVYRpV

[steveo18] 31/1/2015 12:43

surprised mgmt hasnt liquidated and emptied the coffers and run this into the ground yet

[nazrat] 16/1/2015 10:04

Its seems like a lot of the trades have been going through ISDX exchange.

[nazrat] 16/1/2015 08:54

I think the small buying is a result of very little stock around i have managed to get 50k this morning but struggling for more and not showing yet. Greatly undervalued company in my opinion.

[gspanner] 16/1/2015 08:47

Interesting to see that buying only a very small amounts yesterday raise the price. Problem is more than 3 months from significant news I would imagine.

[32sam] 21/11/2014 16:18

Lol even more divis, please!

[monkeymagic3] 21/11/2014 14:47

I think the company has enough "divs" already.

[32sam] 21/11/2014 12:14

Recovery looks good and once all connected up and more contracts revenue will start flowing in. Next set of results should be good, maybe even a divi!GA

[gspanner] 21/11/2014 11:20

Not really, but at least we are now in the realms of 'recovery play'

[snape] 21/11/2014 09:46

Call that a spike up?!:)

[itchycrack] 21/11/2014 09:44

Yes, unfortunately there will be a huge overhang from stale bulls looking to get out on any minor spike up, could (and probably will) take years to clear IMHO.

[gspanner] 21/11/2014 09:21

Someone taking the opportunity to offload, not that surprising really

[gspanner] 21/11/2014 08:52

Yes, still a loss but a much reduced one, good job of lancing the boil with the last 6 months results with the written off leases; but even if you take those away loss reduced for approx £8mil to £1mil with 8million in the bank.

Onwards and (hopefully) upwards from here.

[32sam] 21/11/2014 08:13

Nice set of results, looking good now. GA & DYOR