Cupid Share Discussion Threads

[wylecoyote] 02/9/2013 10:18

J777J,

Lets hope so... and if that is the case, I will take profits at around 250.0p...lol

[j777j] 02/9/2013 10:15

Potential for a massive short squeeze with over 3 million shares being shorted.

Two aggressive funds are buyers of the stock.


Results in a couple of weeks.


Further newsflow re the restructuring,future launches and plans expected.

[cammy3] 02/9/2013 10:08

Back over £1 I think

[saucepan] 02/9/2013 10:02

Let's enjoy the upward momentum being demonstrated and hope this is just the beginning :-)

(Another tick up just now, I see)

[j777j] 02/9/2013 08:30

Up and away again.


Shorts getting fu£$"


Marvellous.



Bill Dobbie, Chief Executive of Cupid plc, said:

"The proceeds from the sale will allow us to further enhance the remaining Group by strengthening our brands and also improving and widening the customer proposition.

XXX The consideration also gives us the potential to provide shareholders with further returns.XXX

We have built a strong, revenue generating Group and we very much look forward to driving further growth within our mainstream and niche sites over the coming period."

[ramsey11] 31/8/2013 22:27

Special dividend........yeah yeahSpecial div

[saucepan] 31/8/2013 16:33

Regarding forecast eps, this is what ShareScope is showing:

[j777j] 31/8/2013 15:26

The business is undergoing a complete transformation,so forecasts are merely pie in the sky until we know what they plan to focus on in the future.

The casual dating sale amounted to almost two thirds of last years revenues.The niche dating was growing in strong double digits this year.

We do know that they are du to receive almost the entire market cap in cash over the next 38 months.


They hinted at some sort of special dividend.

[simon gordon] 31/8/2013 11:36

Wyle,

"...the fundamentals are still interesting and it is extremely cash generative and is forecast to earn 7.5p per share.."

Just wondering where you got 7.5p from?

Edison forecasts - 19/7/13:

2013 - 0.1p

2014 - 2p

[robotface] 30/8/2013 16:47

I have mentioned it before, go back through my posts if you want. It was before you bought in on the drop.

[wylecoyote] 30/8/2013 16:35

a good day, I wanted it to fly...but you cannot have it all.

[j777j] 30/8/2013 15:33

No,none at all.

Strange you have never once mentioned roomwise before.

If you look at an airbnb you will see they are clearly going after some massive markets and diversifying the core business.Good sound stuff.


Cupid also runs Cupid Labs which works on new projects.


Is your morbidly obese friend getting sweaty?

[robotface] 30/8/2013 15:26

Does no-one have any concerns that roomwise launched nearly a year ago yet has not been mentioned in any Cup RNSs or reports since? How exactly has it performed since its inception? Is it bringing the money in or it a drain on funds? Not a deramp, this is merely something that has been in the back of my mind for a while that I've never followed up on.

[wylecoyote] 30/8/2013 14:09

Oh yeah Saucepan,

I also try to ignore what the actual trades appear to be on the day. I find that most enthuiasts look(myself included) at the actual trades are(it gives a rough idea as to what is going on). So for example today at 13:45 it looks like there was a number of sells. It is probably unlikely as the share price was actually moved up. They were probably buys at the earlier spread and as such were recorded as sales on advfn system at the new spread. I try to consider the volumes against the actual share price movement.

[saucepan] 30/8/2013 14:00

WyleCoyote: wow, that is a very comprehensive and impressive response. Thanks for sharing. I find it reassuring that other investors who have thought this through feel this is a great buying opportunity.

I think very similarly. The added consideration for me was the evidence of diversification (roomwise, etc). Cupid must be extremely well positioned to do that kind of thing with very little additional cost.

I was talking about a triple bottom, but looking at your chart again, the price has basically touched lows on four important occasions and support has held. I think it is unlikely to fail now and the rebound could (and probably will be, IMHO) very strong.

Good luck.

[wylecoyote] 30/8/2013 13:32

saucepan,

here we go... I had been interested in CUP as a bystander from my ISA and was unable to trade this earlier on this year, especially the first time it dipped below 50.0p. In my opinion, there is nothing fundamentally wrong with this business. It is just that the investment community desire the perfect company(Dilusional or what?) that behaves ethically and makes profits honestly(What???). Tell me, is it ethical that Coca Cola can charge me for a can of coke at 1000% margins? Especially if you get this in a pub? It is only an example, I don't know how true it is, but I get the impression that in some cases it is true.

Anyhow, I am a little annoyed as fundamentally CUP is a different entity to what it was a year ago, especially since they sold it's casual dating business. In my opinion a little too cheaply, but hey ho, they were compelled to do this by the investment community. Anyhow, the fundamentals are still interesting and it is extremely cash generative and is forecast to earn 7.5p per share, taking into account it's slightly slower growth prospects at 15x earnings, that implies a target price in excess of 100.0p.

There have been a few little clues that suggests that now might be a good time to buy, especially with the advent of the interims in a few weeks. The institutional buying, share buy back, director buys and finally the chart pattern. I attach the image that I saw. There appeared to be strong support from 50-60p and the sellers were running out of steam and therefore the downtrend appeared to be coming to and end. I saw the volumes this morning and decided to jump in. I am actually thankful that this was an AIM stock as it kept me from flying in too early.

[ramsey11] 30/8/2013 13:11

Only 100p...surely you meant 1000p

[dashton42] 30/8/2013 11:12

I'm on board too - hoping that all the bad news has been well and truly kitchen-sinked by now!

[j777j] 30/8/2013 11:03

Two aggressive funds buying into Cupid.

3 million odd shares being shorted.

Results within three weeks.

Lining up for a perfect storm bear squeeze.

Could see a decent bounce towards 100p.

[wylecoyote] 30/8/2013 09:43

saucepan,

please forgive me, but I will respond in detail at lunch time..lol ;-)

[saucepan] 30/8/2013 09:42

Welcome WyleCoyote. That might prove like very good timing :-)

I am intrigued to know what has tempted you to buy at this juncture, should you be happy to share.

As posted yesterday, I have gone long, too; though not for the first time.

If this upleg develops, as I think it will, the triple bottom on the chart will be even more evident.

[wylecoyote] 30/8/2013 09:34

for the first time ever, I thought I would take a punt here this morning...