Cupid Share Discussion Threads

[bubble pricker] 31/7/2013 06:51

capitalist 30 Jul'13 - 16:52 - 3469 of 3479 0 0

One interesting point to note is that the trades chart shows no automated trades today, which is quite unusual in my experience.

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Oh dear oh dear, another punter who thinks AT trades are "automated" trades. An AT trade is a trade automatically matched by the exchange's matching engine between market participants with direct market access. Since CUPD was moved from SETS to SEAQ, there can be no more AT trades, since only market makers have direct market access.

[andy] 30/7/2013 23:27

what needs to be looked at are all these porn chat lines once they have your mobile number they just bombard you with texts at 1.50p a shot until you text back saying stop by then you have a whacking great bill,,

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I once traced a company that were charging me premium rates for texts, and informed them I was issuing against Orange who were billing me for stuff that I had never requested.

They refunded me in full!

Interestingly, whilst Orange maintained the position that they were not responsible for billing my account, although they removed money via direct debit, when I asked them for an address for service of a County Court Action, they put the phone down on me, several times!

[pjhutchy] 30/7/2013 22:42

The bbc have to make things entertaining to get viewers I suppose. Whether its based on facts or evidence is irrelavent.

[robo15] 30/7/2013 22:37

The share price over the last couple of years is a clue,£2.50 to 68p and you think the shorters are wrong???

[robotface] 30/7/2013 21:46

Yeah, but they'd have to notify of the gradual reduction I think

[monty panesar] 30/7/2013 21:43

A short position of this size will take a few months to close.

[robotface] 30/7/2013 21:22

No shorts closed today it seems though.

[monty panesar] 30/7/2013 20:26

Quite interesting watching the bull/bear battle from the sidelines. Starting to look as if the shorts have fired all their shots and all the bad news in price.

Not sure it is one for me though.

[dewtrader] 30/7/2013 17:32

Why no statement to stand up to the serious allegations in Panorma

[capitalist] 30/7/2013 16:52

One interesting point to note is that the trades chart shows no automated trades today, which is quite unusual in my experience.

[plastow] 30/7/2013 16:23

the market is far more corrupt than cupid could ever be this will blow over
and cupid will be back on its feet ..

what needs to be looked at are all these porn chat lines once they have your mobile number they just bombard you with texts at 1.50p a shot until you text back saying stop by then you have a whacking great bill,,

[report_reader] 30/7/2013 15:57

@pjhutchy: That's why I'm still following Cupid, it will be interesting to see how it develops. If nothing else it's entertaining.

[plastow] 30/7/2013 15:48

another good buying op today short sellers are not having it all there way .

[wylecoyote] 30/7/2013 15:44

pjhutchy, funny that, we are looking at the same companies. Still NBU looks interesting, I just cannot invest or trade them, but I am learning from them all the same.

[pjhutchy] 30/7/2013 15:35

Naibu global. Nbu is another company being judged irrationally by the stock market. Quite bizzar how it works but interesting. I'm sure the Cupid plc drama is worth following even if your not invested as a great deal can be learnt about the market from this.

[pjhutchy] 30/7/2013 15:29

I think it could be a stock to hold for many years. The industry is a modern growing industry likely to grow for many decades. If the company was in debt then maybe things would be higher risk however they have a very strong balance sheet and I believe they will pull through this in great shape and prosper. The directors hold massive amounts of stock, they are buying back shares and are experienced with good track records, i think they are in it for the long term.Look at bp after the oil spill they survived and the brand wasnt damaged beyond repair or the Japanese index after the nuclear disaster.

[report_reader] 30/7/2013 15:24

@pjhutchy

48Million market cap and 35Million Nav. The stock is trading at a 37% premium to Nav if your figures are correct.

So that naturally tells you investors have so far bought the company on the promise of increasing profits.

Looking at the company reports, even though the growth rate of revenue is increasing. The growth rate for net profit is not.

The company is capital intensive, they pay a lot to get their growth. So the business model itself may not be sustainable. Adding to that the contact questions over integrity, it might not be the bargain you think.


(see my earlier post)

[report_reader] 30/7/2013 15:18

@WyleCoyote

He stays away from companies where integrity is a problem. An investigation led by the BBC, potential undercover journalists in the Ukraine exposing the obtaining of money by deception and a dodgy loan made to an external company controlled by the CEO of Cupid a company with no financial link to Cupid what so ever.

That's enough integrity issues where management are concerned to well an truly take it off buffetts radar in my view. He also doesn't trade stocks, his favorite holding period is "forever". Although he does sell occasionally, he buys more than he sells. Do you think Cupid is a forever company?

Saying that in his very early days he used to buy companies on the short term, that he described as Cigar Butts. Companies he said "only had a few puffs left". Maybe Cupid is that type of company? Are the management selling good assets to get as much in cash for the company as possible before they throw the towel in?

That doesn't mean you won;t make money though. It just means the risk is greater. It's more of a bet than an investment in my opinion. Good luck to you though for having the courage.

[wylecoyote] 30/7/2013 15:02

RR,

you may be right. I have been following this with great interest. There are some 'negative' perceptions with this stock. A young buffet, may in fact be interested in this stock in the short to near term as there is potential to get a return on his investment and a lot of the noise is irrational. It may not be a typical investment for him, but it ticks many other boxes. He basically buys when the market incorrectly prices stocks. So it may be to simple to ignore this, when you could have potentially made 20% in a day. If the tax wasn't so eager, I would have traded it this morning.

[report_reader] 30/7/2013 14:53

@pjhutchy: Buffet is well known for sticking to companies he understands and staying away from Tech companies. With the small exception of recent purchases of industry giants like IBM etc.

He's also well known for staying away from companies where integrity is at risk. And this is a company that ticks both those boxes.

So although he has recently stated he doesn't buy small caps as the money he has to invest could mean he buys the whole company or controlling stakes, I think with the above said it's pretty obvious here that Cupid would not be on the radar for a young Buffett with less cash to invest.

[pjhutchy] 30/7/2013 14:52

That's what happens when you watch and believe the television I suppose. I will continue to hold and ignore the noise.

[pjhutchy] 30/7/2013 14:50

People who sold this morning were robbed. They didn't ask how much just sold blindly out of fear.