International Consolidat... Share Discussion Threads

[maximoney1] 26/2/2007 18:41

Yes mesquida, was nice to see them go thro at full ask, but i would like to see some sustained (smaller) PI interest....the sort that MM's like to mark the price up on....lol !

Would be nice to test the 18.75p level again :)

[mesquida] 26/2/2007 18:32

Well, maximoney, there have been two largish buys done today. What more do you want?

[maximoney1] 26/2/2007 13:04

Surprised there isnt more interest in this....nicely defined buy signal, chartwise ...imo.

[cockneyrebel] 25/2/2007 20:27

nice finds matt, cheers.

CR

[matt9991] 25/2/2007 20:01

Intimas stuff also selling in Asda since early December 06.



"Caprice Designs Swimwear Line for Asda

Well folks, another day, another model announces she'll be designing swimwear for a high street store. I'm guessing it's not a good time to be a fashion designer, with all of these celebrities taking over their jobs. This week the model in question is Caprice, and the high street store is actually a supermarket - Asda, in fact, who are making a habit these days of getting "celebrities" to advertise their stock.

Caprice, of course, is something of an old hand at this. She already has a lingerie line for Debenhams, a diffusion range of which, called By Caprice Lingerie, will also be sold at Asda from next month."

[cockneyrebel] 23/2/2007 16:54

Yep, still holding. It got tipped in IC today. I should have added when the CEO bought more :-( Hadn't posted much on the PTS thread as I was rather hoping it would pull back an give me the chance to add so was keeping a low profile :-)

CR

[matt9991] 23/2/2007 16:24

CR - are you still in PTS? Been an interesting week.

[cockneyrebel] 23/2/2007 16:23

ticking up I see.

CR

[matt9991] 23/2/2007 16:23

maybe that was your order getting filled?

[multiplural] 23/2/2007 14:19

What is wrong with these market makers. I have an order in to buy with a limit of 17,25 . I haven't had any stock yet, and they still show an offer at 17 , pure manipulation.

[mesquida] 22/2/2007 13:19

My all in price is somewhere between 10p and 11p but I did manage to buy some at 9p. So in a sense you are right in so much that I have already enjoyed a good gain, but remember that the market as a whole was much lower three years ago and moreover I have not had the benefit of any income from this slug of capital for the past three years. To be frank, when I bought in I really expected to double my money within the year - after all, for a while it did look as though there was going to be as much as 18p per share in cash, although ultimately that figure proved to be too optimistic. Right now I am taking the view that a reasonable 6% or 7% margin on the continuing sales together with the interest receivable could maybe support a market cap of anything between 25 and 30 million. At that point I would finally be satisfied!

[arthur_lame_stocks] 22/2/2007 11:41

I don´t know what you´re complaining about mesquida, 17p. This was my largest ever single investment at one time, but unlike you I did lose my bottle when it looked like all the cash was going into the pension fund so I made a lousy but positive return out of this. I reckon I was one of the first on the BB´s to spot this too. A bit like WGB, I bought into them at 13.5p but lost my bottle again when the restructuring and cashflow didn´t look to be going as well as expected. I´m learning to be a bit more patient. These type of stocks always take a few years to turn around.

I wouldn´t expect too much from the results personally but that cash is going to be a great benefit in riding out a period of weak consumer spending and maybe picking up some more bargains from the receiver.

[gromley] 22/2/2007 09:44

Hello Mesquida,

Nice precis and good luck with your purchase.

I had to have a quick LOL though at your comment :

"One way or another I think that after 3 years of waiting my patience is finally going to be rewarded."

Three years ago the price was 10p now its 17p. Unless you timed things really badly don't you feel you've been rewarded just a little bit already?
;-)

I don't think the company still looks undervalued, but I'm not convinced that three is another 70% gain to come any time soon.

regards,

gromley

[mesquida] 22/2/2007 09:01

I just bought 100,000 at 17p, hence the tick up. Trade will not show until 9.13am. Been in these for 3 years now. Almost gave up when it looked as if the Company was going to let its own Pensioner Trustees run circles around it, aided and abetted by David Norgrove. Was extremely relieved when the Company changed tack, but what a funny world we do live in because arguably the pensioners are now at more risk than before. Certainly the Pensioner Trustees would have been better advised to settle for say 4 million pounds with the rest being paid back to shareholders. However the Company thankfully called their bluff - they do not get an extraordinary top-up, but nor do we shareholders get our special dividend. What we might get though is real growth in the business by redeploying all that cash in a series of carefully judged acquisitions, and herein lies the extra risk for both pensioners and shareholders. But so far so good - the Charnos deal looks to have been a winner, and doubtless there are a lot more Charnos type deals available. And as for next month´s numbers I do not think that it really matters if the Company is found not to have broken even at the operating level for the year as a whole. After all, that was never an official forecast, and I do not believe that the house broker has taken Carol´s comments into consideration. In fact I do not believe that the house broker even has a forecast out on this one! One final point - some of the larger holders on the Register have no way of getting out of this unless there is a planned exit perhaps via takeover by or merger with say a certain Scandnavian player. One way or another I think that after 3 years of waiting my patience is finally going to be rewarded.

[matt9991] 22/2/2007 08:16

Tick up on the bid to start the day.

[cockneyrebel] 21/2/2007 22:28

it's tough going when you're waiting for the results but wait I must :-)

A month to go but they certainly look cheap (even cheaper today) to me.

I think the trading statement said something but not enough for many so they are waiting for the results imo.

Boring but I think we should see buying as the results approach.

CR

[matt9991] 21/2/2007 15:51

Mcap of 17.5m with 11m cash in the bank, NAV of 16m.
Seems way to cheap to me. I have just topped up at 16.75

[cockneyrebel] 12/2/2007 21:07

very illiquid - but looks like mm's were happy to take 150k in one go at the market price today - so must be a buyer about.

CR

[cockneyrebel] 30/1/2007 11:22

Arthur - I agree that the statement was bit vague as I said in my post above but not convinced that's anyway negative. I noticed there was a big mark up pre-open and all the mm's were up. Seems there were a couple of sells a the open too but the mm's took them on the ching - 50K went for 19.25p, over the market price and a penny over the close. There must be somebody keen to buy on that statement which, any other day you'd have expected to see the mm's open up flat on imo. So why was someone's keen and it makes me wonder why they wanted to get that order in before the open.

I personally think the co might have been trying to keep a lot of powder dry for the results. Difficult to say till we see the results but I think a decent sales increase sees the co get back to breakeven for the year as the CEO suggested in that AFX interview.

Anyway, the cash here is strong and the whole game isn't just about eps here imo but I'm not conviced they wanted the statement to sound too bullish till the results.

CR

[masurenguy] 30/1/2007 10:54

Knickers have come down today !

Sorry (very juvenile) - just couldn't resist the opportunity !

Always happy to see knickers coming down, except in this case of course :-)

[arthur_lame_stocks] 30/1/2007 10:35

Don´t mean to be a party pooper but I thought the statement was just too vague and I was a little bit surprised at the market´s reaction.

I´m going to guess that total sales were down on last year, branded sales rose but this presumably includes the Charnos acquisition so it doesn´t give a complete picture. They don´t mention the shops or anything else.

Anyway, we´ll find out in March.