Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Amazing? Not really ; after all the posts claiming that the property portfolio was greater than the valuation of the company and the only was was up the appetite seems to have gone. Including your own it seems? The investor chronicle article on the merger seems to have it about right. P.
Amazing how quiet it went here over the last six months or so, aside from 'Drt67' and 'Alistair44' below who both have 'disgruntled former employee' written all over them (and that's assuming they're not the same person).
This was one of my more successful calls ever in terms of 'buy/sell' timing and I'll be sad to see it merge in to CareTech as a result.
Hit the nail on the head - they are losing sales hand over fist. Losing all the best staff and the good staff that are staying are waiting to collect their huge retention bonuses offered as a bribe to keep them. They are sunk or sold off in my view. Share price is heading quickly south in the coming days - I've sold at 165 and glad I did
2 weeks into first quarter, another service judged innadequare. https://reports.ofsted.gov.uk/provider/files/2770375/urn/SC012962.pdf. Poor confidence in CEO Assaria to sustain growth as yet more targets unmet. Poor leadership, zero accountability for results Cambian is a losing horse. Operating costs soring, hmi prohibiting new entries, unable to recruit skilled workforce, only wayis down.
This company has no long term future. Dividends peanuts, same as day to day trades. It can only fail in the mid to long term as it continues to garner bad publicity with poor regulatory compliance and poor quality provision of its stated services. CEO states long term growth objectives hinged on higher fee structures for higher severity cases but this causes even greater operating problems than they currently have due to inadequate and poorly trained staff. They cannot hire or retain enough staff. In a business that cannot operate without staff this is a no win situation. Investigations by the quality care commission and ofsted are increasing since itv programme with increased whistleblowing activity of poor practice meaning more facilities being judged as needing improvement or being closed. Overall quality is reflected in loss and lowered share price.
It's a fairly middling performance from a business which has struggled with middling performances before - I can see why investors might be a bit nervous. As Borgy says, it plays in to the wider narrative of market nervousness which seems to be out there at the moment. Probably a decent entry for someone who believes in the business long-term though.
Interestingly though just the one large trade sell this morning - most are buys still. Not sure that really warranted an 8% loss...
In today's current environment trading in line with expectations is simply not good enough. I am witnessing all around shares being marked down even hammered on results day due performance in line with expecations or below .. or worst missing analysts targets. Nothing short of exceptional results seem to be the order of the current market. Fundamentals are sound .. healthy b/s and a good dividend payer...
Any thoughts on today’s announcements? The loss appears to be primarily due to the £11m of exceptional items again, most of which is impairments again. The market doesn’t seem to have taken it well though, despite dividend still being paid and a reasonably positive cash and balance sheet position
Hi Dan I Still believe in this company, but waiting like you also for a re-entry.This company is going to expand fast (IMO) But agree we won’t see the recent lows of a year ago, The ITV show....I thought they was just clutching at straws! come on the guy did 4 month of secrecy filming and to me they had nothing worth reporting, only issue was the staff and training them in a few of the homes. No big deal!!! Still waiting for a entry but it’s getting hard to make money at this game. Every share drops this time of year,so might wait until the new year, looks ok at the moment for a punt but I have told myself not to catch a falling knife last time I invested here. Good luck if you’re in,be with you soon I think. :-))
Still dropping after this week's news. I may look for a re-entry point next week. Clearly it's never going to be as good as getting in here at circa 60p was for me, but there's still likely to be room for growth here.
The tv show is on at 10:30 tonight on ITV. Let’s see what happens in the morning after that as been aired!! Best of luck folks, I don’t hold a position in here any more but will if it goes down tomorrow, :-))
ooops
nice bounce of the 200 sma (at 177p) ... i no longer hold but watching to see if this continues . coming out of an o/sold RSI my chart https://uk.tradingview.com/chart/176taIlp/
Any thoughts on why the sp is creeping back up? currently crossed back up over the 50 day moving average?
did i read that right? 0.14 p per share so if i have 5000 shares i can expect to receive (5000*0.14) = 700 pence (£7).... hardly worth it .. :-) or am i wrong?
That’s nice. SP settles to give an MCAP that is exactly the same as CMBN’s disclosed H1 Net Equity. £366m Nick
Nearly sold some of mine then also, was surprised how well it held up immediately after the special, and although it's disappointing since at around 205p it's still about the same as the pre div high so ok with that. Like you made a bit on this so not complaining, happy to sit tight for a while as not trading as such !
I feel vindicated at having mostly sold out here after the special dividend. Pretty middling set of results, so I'm glad to have ridden this from the 60p days to get out around 225p. I'll watch it closely and may look for reentry at some point, but for the time being I think I'm done with CMBN. It's been one of my better-timed entries and exits, so I will always have a soft spot for this share!
But we're down again, seems to have lost steam since the special dividend despite the dividend being reinstated. What we need is another sell from IC like the last at 156p in April up over 50% since then !
Thanks Borgy - I missed that one last week but will take a closer look.
londondan. Ive put UPGS and SPI on the watch list thanks. Did u see my recommendation NANO in at 24p and I did sell out on Friday at 29p ...for a very quick profit...
Still waiting for mine to hit my HL account.....
I'm looking at UPGS as a short-term recovery play currently; small holding in SPI (Healthcare) as well since its drop yesterday. I have reduced my position here to take profits and free up some cash. Seems to be a lot of overreaction to news in the market at the moment.
Money arrived in my TD account. Any one any suggestions as to new ideas or shares they are looking into. I have VM and DC on my radar as low entries .... Not keen on AIMs generally but i did buy yesterday Nano at 24p. CMBN has held up pretty well so i am confident to leave a reduced position here.