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Share Views Episode 9 - Early Stage Investment Opportunities


Cppgroup Share Chat (CPP)



Share Price: 5.89Bid: 5.89Ask: 6.25Change: 0.00 (0.00%)No Movement on Cppgroup
Spread: 0.36Spread as %: 6.11%Open: 6.61High: 6.61Low: 5.89Yesterday’s Close: 5.89


Share Discussion for Cppgroup


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Yorkshireman
Posts: 1,118
Off Topic
Opinion:No Opinion
Price:5.89
This
Mon 17:53
Company still making a fortune - can afford to do this ---------------------"The change in product and service focus drives a change in the Group's IT requirements and as a consequence, CPP has informed its current IT development partner, SSP Limited (SSP), that the group intends to develop its own IT platform.

CPP says this change in IT approach will give rise to a one-time write-off of capitalised expenditure of approximately £6.5 million, together with a cash payment that is currently being finalised with SSP.

This payment will be met from the group's existing financial resources. The operating and financial benefits of this change are important to the development of the business and will accrue from 2017 and beyond." ---------- and they still continue to make millions :D GLAH
 
Interested_party
Posts: 26
Off Topic
Opinion:No Opinion
Price:5.89
RE: Systems Write off
Mon 17:41
Er, look at it today - 12.7% !
lejjb
Posts: 1,003
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:6.75
RE: Systems Write off
Fri 17:45
I guess that the SP can hardly get any lower so they are making all be hard decisions now...
Samshah761
Posts: 15
Off Topic
Opinion:No Opinion
Price:6.85
Systems Write off
Fri 09:25
There was an RNS about the £6.5m write-off to exit the systems contract. Then I guess there is another hefty bill for replacing it.
davidbrubeck
Posts: 47
Off Topic
Opinion:No Opinion
Price:6.815
RE: IT system
20 Sep '16
It was reported in all of the Insurance press last week.

Yet another u-turn.
lejjb
Posts: 1,003
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:6.815
RE: IT system
20 Sep '16
Probably because nobody noticed it apart from you - in which case, kudos.

Where did you see it, in the annual report?
Interested_party
Posts: 26
Off Topic
Opinion:No Opinion
Price:6.745
IT system
18 Sep '16
Surprised no comment on here about the new IT system being dropped for an in-house solution. Expensive buy out of the new system

Look at Insurance Age for a perspective
lejjb
Posts: 1,003
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:6.75
RE: CPP share price
8 Sep '16
Could you please explain why?
republikanac
Posts: 73
Off Topic
Opinion:No Opinion
Price:6.50
CPP share price
7 Sep '16
It's all related with new BOD. They will slowly destroy share price.
lejjb
Posts: 1,003
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:7.25
RE: Slowly climbing back up?
7 Sep '16
My mistake, gains were mostly lost, the caterpillar hasn't turned into a butterfly yet...




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