We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Csf Group | LSE:CSFG | London | Ordinary Share | JE00B61NN442 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.70 | - | 0.00 | 00:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
| Date | Subject | Author | Discuss |
|---|---|---|---|
| 10/9/2017 14:04 | ProfW Posts: 56 Off Topic Opinion: No Opinion Price: 3.125 Let's get rid of the TROLLS Today 14:57 Conservative Fixed Costs to build a Tier 1 Data Center Building Space = 250 – 500 square feet at 20 per square foot per year = >>> $416 >>> $833 Cooling = $150,000 to $250,000 depreciated over 10 years >>> $1,250 >>> $2,083 UPS = $85,000 to $100,000 depreciated over 7 years (you will have to replace the batteries in 3 to 5 years too) >>> $1,012 >>> $1,190 Generator = $100,000 to $150,000 depreciated over 10 years = >>> $833 >>> $1,250 Fire Suppression = $50,000 to $75,000 depreciated over 10 years = >>> $416 >>> $625 Security = $10,000 depreciated over 7 years = >>> $119 >>> $119 Total Fixed costs before Maintenance Including Building = >>> $4,046 >>> $6,100 Total Fixed costs before Maintenance Excluding Building = >>> $3,630 >>> $5,267 Percentage of Building space's cost >>> 10.28% >>> 13.66% Reference: hxxps://ongoingopera So it is immaterial whether or not CSFG Owns the buildings or Leases those buildings... The difference is minimal In addition: >> Current Rental payable is just 3,000,000 MYR Or £534,474 Page # 53 of hxxp://csf-group.com >> IN addition... Rental payables consist of rental of CX1, CX2 and CX5 which are not payable within the next 12 months. according tothe 2016 Annual Report.. Page #54 of hxxp://csf-group.com >>So don't be swayed by the TROLLS who will say that the company cannot sell them at the numbers I had provided. >>Remember Those Numbers WERE based on the COSTS INCURRED to BUILD not the value of the buildings | profw | |
| 10/9/2017 09:14 | Last point to ProfW - you say you are not trading the shares you post on - so you are a non holder! So why bother? Surely you would have no need to post more than once or twice if not holding the shares. I can guarantee one thing - if you have to get so nasty to people who question your figures - then don't expect many more posters appearing on the threads you post on because of the grief they will receive to dare question the master! | knigel | |
| 10/9/2017 09:09 | BTW apparently now shareholders (whether LTHs or short term traders) are trolls unless they accept their OTT targets! Good grief! If I was a troll then I would say the share price should be lower - maybe sub 1p - I do not! | knigel | |
| 10/9/2017 09:07 | philJeans - be good to post your outstanding reply on LSE - there is a substantial ramp attack going on here - for a start - who keeps leaking the info to cause the spikes forcing the company to update before they are ready to!? (perhaps some are bulk buying to cause the spike considering the low free float) I see upside post a possible disposal but some of these guys are talking of 149p! Come on! Thankfully there are posters like you living in the real world! | knigel | |
| 10/9/2017 08:29 | For years it has been going down...you trading on the short side?.. | diku | |
| 09/9/2017 21:01 | philjeans>> Appreciate a LOGICAL SOUNDING response>> Now Can You give me the Refererences for EACH of your CLAIMS please.. So that I can Stand Corrected.. If proved Correct.. | profw | |
| 09/9/2017 20:12 | profW - whilst your figures are interesting; even entertaining perhaps, you're way off the mark. They've already told us they are selling for a nominal amount - a pound or two probably. CSFG aren't bothered about the cost or value of the buildings - they don't own any of them! The big benefit is that they are released from large rent payments and potentially ruinous lease covenant liabilities. They can hopefully remove some of the huge long term liabilities in the balance sheet, making it more liquid and improving equity values. Additionally, they have said that a significant amount of restricted cash can be released this year, as building liabilities run off. All of which will make the balance sheet simpler and stronger; improve profitability and make the business viable again. You're right about the shares being severely undervalued but your valuations of the buildings are misleading - they don't own the freeholds - just awful long term lease liabilities! | philjeans | |
| 09/9/2017 19:04 | ProfW Posts: 51 Off Topic Opinion: No Opinion Price: 3.125 RE: Let's get rid of the TROLLS Today 20:00 If CSFG had spent For CX 1, CX 2 , CX 3 and CX 5 sums of £ 5.5 Mill or 27.4 Mill or £ 482K or £ 72.5 Mill REspectively... Will they sell them at cost? I don't think so.. So it has to be at some premium to those amounts... Will selling CX1 or CX 3 make any signficant difference? NO... I don't think so. So Most likely the ones on offer is CX 2 or CX 5 Both these data centers are with >> Multiple power back-up supply >>N+1 or N+N Redundancy option >>Aircooled >>Servers are water Chilled >>Have an UPS with 15 minutes Back up >>Top of the line >>Tier 4 Data centers Especially Costs to build a Basic Tier 1 Data center is Building Space = 250 – 500 square feet at 20 per square foot per year = $416 to $833 per month Cooling = $150,000 to $250,000 depreciated over 10 years = $1250 to $2083 per month UPS = $85,000 to $100,000 depreciated over 7 years (you will have to replace the batteries in 3 to 5 years too) = $1012 to $1190 per month Generator = $100,000 to $150,000 depreciated over 10 years = $833 to $1250 per month Fire Suppression = $50,000 to $75,000 depreciated over 10 years = $416 to $625 per month Security = $10,000 depreciated over 7 years = $119 per month Total Fixed costs before Maintenance = $4046 to $6100 per month or Total Fixed cost of ownership before Maintenance per month is GB £ 3,000 to £4500 Per square Feet hxxps://ongoingopera Especially when Google spends $ 3000 per square foot and Microsoft $ 900 plus per square foot as per media reports.. I am not qualified or knowledgeble enough to assess the selling price of a data center.. But I have never seen any Fixed asset sell for less than it's build cost... Infact it's usually at a multiple of it's build cost So If CSFG has an offer for CX 1 or CX 2 or CX 5 even if it is Nominal value They have to be at around £ 10 Mill For CX 1 45 Mill For CX 2 And £ 150 Mill For CX 5 Which translates into an additional 6.25 p For CX 1... an additional 28.125 p For CX 2... an additional 93.75 p For CX 5 Remember the cas on hand is worth 5 .16 p in addition So have a great return in CSFG And Destroy the TROLLS | profw | |
| 09/9/2017 16:47 | Well one of the subsidiaries has received a nominal offer. Question - do the company need to sell and reduce the size of the company - answer - if it releases them from long term leases/debt and future provisions - yes. What I would like to know is "who is leaking"? Share price/volume suddenly shoots up and the company is compelled to provide an update - to be fair there had been developments but I suspect they wanted to wait until the results to let the market know. Shame because usually a RNS is released .. and the market reacts.. It should not be the other way round - and this has now happen twice.. Poor show.. from whom though? | knigel | |
| 09/9/2017 16:33 | what shares are you looking at profw at the moment,, share12345 | db111111 | |
| 09/9/2017 15:23 | The moot question is NOT whether or not CSFG is profitable... The Moot question is what are each of their Subsidiaries worth? CSFG Have 4 Data Centers and each of them is a Subsidiary of CSFG CX1, CX 2, CX 3, and CX 5 Let me calculate each of their fair values Data Center CX 1: Total Area Contributing to Rental Income >>> 81,000 ft² Annual Rental Revenue Contribution in Mill GBP >>> 1.19 Mill GBP Percentage of annual revenue >>> 8.00% Data Center Area >>> 45,500 ft² Exchange Rate Per MYR = >>> £0.180849 Build Cost per Sq.Ft >>> MYR 662.00 Build Cost per Sq.Ft >>> £119.72 Build cost of Data Center >>> £5,447,353 Per share addition upon sale >>> 3.40 GBX Data Center CX 2: Total Area Contributing to Rental Income >>> 321,000 ft² Annual Rental Revenue Contribution in Mill GBP >>> 4.71 Mill GBP Percentage of annual revenue >>> 34.00% Data Center Area >>> 157,500 ft² Exchange Rate Per MYR = >>> £0.180849 Build Cost per Sq.Ft >>> MYR 962.00 Build Cost per Sq.Ft >>> £173.98 Build cost of Data Center >>> £27,401,336 Per share addition upon sale 17.13 GBX Data Center CX 3: Total Area Contributing to Rental Income >>> 3,000 ft² Annual Rental Revenue Contribution in Mill GBP >>> 0.04 Mill GBP Percentage of annual revenue >>> 0.31% Data Center Area >>> 2,000 ft² Exchange Rate Per MYR = >>> £0.180849 Build Cost per Sq.Ft >>> MYR 1,333.00 Build Cost per Sq.Ft >>> £241.07 Build cost of Data Center >>> £482,143 Per share addition upon sale 0.30 GBX Data Center CX 5: Total Area Contributing to Rental Income >>> 550,000 ft² Annual Rental Revenue Contribution in Mill GBP >>> 0.04 Mill GBP Percentage of annual revenue >>> 0.31% Data Center Area >>> 201,000 ft² Exchange Rate Per MYR = >>> £0.180849 Build Cost per Sq.Ft >>> MYR 1,995.00 Build Cost per Sq.Ft >>> £360.79 Build cost of Data Center >>> £72,519,545 Per share addition upon sale 45.32 GBX When CSFG sells their Subsidiary... Assuming it is at the COST of Build it would bring in additional revenues of... £ 5.5 Mill or 27.4 Mill or £ 482K or £ 72.5 Mill The per share contribution of that sale would be: 3.40 GBX or 17.13 GBX or 0.30 GBX or 45.32 GBX So Take a Pick... All the details are from CSFG admission document Page # 11 hxxp://www.csf-group | profw | |
| 09/9/2017 14:20 | Because Peope just read the topline figures... That's why the management is hiding a highly profitable business The 18% shares or 30 mill shares in free float are mostly with traders looking for peanuts... I think... | profw | |
| 09/9/2017 13:24 | LolSo why has it never been above .8 till lately? | turbotrader2 | |
| 09/9/2017 12:12 | ProfW Posts: 49 Off Topic Opinion: No Opinion Price: 3.125 Let's get rid of the TROLLS Today 13:01 >>They will tell you looking at the 2016 annual report that the company is a loos making one >>Is it? Lets examine it in detail with a microscope...The 2016 Figures >>Annual Revenues were £14,963,000 page # 22 >>Total Cost of Sales were £15,235,000 page # 22 >>The gross Loss then was -£272,000 >> Now here in is hidden the Mystery.... >>Or Should I say a web of Mysteries.... Now look deeper into the notes of section # 6 Starting on Page # 40 >> The first thing that looks out of place is.... ONEROUS LEASES PROVISION >>> MYR 57,900,000 >>> £10,315,339 Page # 43 >>The next things that looks out of Place is Allowance for doubtful debts >>> MYR 30,050,000 >>> £5,353,643 Page # 40 Allowance for slowing stock >>> MYR 482,000 >>> £85,872 Page # 40 Impairment of goodwill >>> MYR 3,750,000 >>> £668,092 Page # 40 All These FOUR Entries are the places to hide profits If you total them all we get >>> MYR 92,182,000 >>> £16,422,947 How is it that the provisions were higher than their operating Revenues of >>> MYR 83,987,000 >>> £14,963,000 Because they have had other revenues that are hidden here Finance income >>> MYR 1,748,000 >>> £311,420 Gain on disposal of joint venture >>> MYR 17,002,000 >>> £3,029,040 That is an additional Income of >>> MYR 18,750,000 >>> £3,340,460 So CSFG IS NOT a Loss making Company without any Doubt All of these pages refer to the 2016 Annual Report.. hxxp://csf-group.com The exchange Rate taken as per this annual Report at 5.613 MYR per each GB£ | profw | |
| 08/9/2017 19:36 | I hope they accept this offer - they need to get rid of the massive lease liabilities on at least one of the office blocks. They don't own the Freehold and the lease has very onerous covenants. Getting shot of it will release huge liabilities on the balance sheet; release cash tied up in these liabilities; reduce the huge rental outgoings and increase cash profits. Much more to come here - I again sold on the spike but bought back a nice wedge cheaper. Net cash already held on the balance sheet is worth roughly the current market cap! And they are due to release a lot more as building liabilities run out this half. See the small print in the accounts. Bargain rating here again now. | philjeans | |
| 08/9/2017 14:08 | Like I said | turbotrader2 | |
| 08/9/2017 13:40 | Lucrative? "...Under the Offer Letter, the consideration to be received by the Group in respect of the Potential Disposal would be nominal,..." admittedly it will reduce cost & eliminate liabilities | sportbilly1976 | |
| 08/9/2017 13:37 | Rns offer is for ONE of the operating subsidiaries. Looks like a very lucrative offer? | casano | |
| 08/9/2017 13:13 | I thought that at first but they are giving it away albeit saving cost etc | turbotrader2 |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
