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Pedrobull - did you buy them on a share option? Lot of staff were ****ed about that when the whole rights issue started.
FrayaB - in answer to your question " if you worked at CPI in management for 13 years, on a decent wedge, I don't see your point. Something kept you there for a fair time."
It was the wages, money for nothing!
I have no axe to grind but will always check on CPI shares i had lots at £10+ once
Exactly- share price gains look locked in - it’s one of those that you look away and when you look back it just jumped- when no one was expecting or paying attention
Share price growth and cheap dividend opportunity- no brainier imo
Whatever way you look at this - it should not be trading at 25p today. We were at 35p in the middle of phase 1 Covid in May 2020 with huge debt and before we sold businesses.
We drifted to 23p before the vaccine was discovered and bounced to 50p towards the end of 2020 (still with lots of debt).
We hit 50p after good half year results in 2021 and have been drifting downwards ever since even though we have significantly reduced debt and won some tasty contracts too.
This surely must head back to the 30s and 40s ahead of final results in March 2023 and significantly higher if the war would ever end in Ukraine and things were to return to normal in this crazy world.
Keep adding at these levels is obvious .... And much more sensible than betting on RED or BLACK over at CINE
I agree Fraya - as much as I believe this should already be in the 30p’s I’ve taken the opportunity to further increase my holdings here
For me sp gains over the next year will be great- but ultimately I see this as a fantastic opportunity to BUY long term dividends at bargain prices
Gla
Pedrobull, if you worked at CPI in management for 13 years, on a decent wedge, I don't see your point.
Something kept you there for a fair time.
If you have a personal axe to grind, fair enough but on matters of SP, a 25p price seems a bit low given this company is comprised of an assembly of parts when broken down would probably be worth 8 x the price today.
I do think the management has been too slow to turn it around though and the initial 3 year of Lewis's tenure amounted to rearranging the deckchairs and he only really started addressing the issues when he sensed his time was up unless he took action.
I reckon he is probably frustrated that the sp is still in the doldrums despite progress on the turnaround but it should focus his mind that in order to get his big payday he will need to announce a big improvement in capitas performance and possibly the herald of free cash flow to the tune of decent dividends.
Us playing the long game are accumulating potentially life changing amounts of shares should they come good.
It's all to be played out in the next 18 months, all IMHO.
For the record I worked at CPI for 13 years and these shares are by no means safe, they are trading at rock bottom for a reason. John Lewis is being paid a pretty penny as are many other managers in CPI ( I was a team manager so 1st level £80Kpa) and the cost to the business in wages is huge, genuinely not sure what outsiders see in this company buy anyone investing big sums they can't afford to lose in ANY single company shares needs to have a reality check.
I've been ground zeroed many times, Cattles, Range Resources, Leni Gas...to name a few
Agree with the harshness comment. If you've played the AIM game long enough, likelihood is that you've had a wipe-out at one point in your history. For me it was FastJet (FJET).
Wrt CINE, there were many who believed it would go bust, but still bought into the incredible rally that took it to close @ 82p last September 2021. Many observers kicked themselves for missing out on the rally, from being sub-20p in December '20. So expect that there's some "schadenfreude" from those observers on those that got caught. Similar sob stories all over (e.g., GDR and Novacyt).
Back to CPI, it looks that the 25p support level is still being tested daily, it is holding. Could it break, perhaps, but it would be surprising if this fell below circa 23.6p for long. Main worry is short-term momentum however there could be market rally once the PM is confirmed, as no doubt there'll be some unfunded promises on Day One.
Broker targets/recommendations usually all over the place so have to be taken with a pinch of salt imo. I find half of them suspicious as if they are issuing them to suit their own agenda!
It does sound harsh but it isn't. It's just reality. You know, 6 days before it tanked there was a broker rating of 40p!!!!! That should make us all think twice about the value of 'broker' targets.
Lemmings the lot of them.
Nothing wrong with 'winding them up', they should have known better. Them that did know better took a massive disproportionate punt. Them that didn't know better should not be dabbling in shares at all. They all had the opportunity to invest in a safer option but were greedy.
Under the table, serving the table, everything is under the table.
I'm pretty miffed that John Wick 4 was put back by a year to make way for a Tom Cruise film.
That's good
It makes me angry how rampers have painted such a rosey picture to get nieve investors into buying and are now these investors are dwelling on their losses. The same rampers who got caught out with Thursday and Fridays news....are potraiting picture as a group to pump so they can either get out or salvage what they can...which is unfair...the scenario is unique because rampers wasn't expecting the news so they are in deep losses and didn't have much time to get out...so rampers are fighting to minimise their losses rather than profit due to the severe drop imho
Aim I feel justified in that decision now.
And you're winding up all the CINE heads, didn't you know their board is just for them.
They all think you've opened a short!!!
Jg68...for you, it must feel ur up, 40 k...giving u another opportunity to recover ur losses....yes, cine had alot of new investors..Young ones like u say...u think that pandemic is over, cine will bounce...last thing ud think is, it'll will go bust...usually when ur young, u tend to think big, get rich attitude...u really don't have anyone to answer too...so u go in big and when it comes crashing down..its painful! ...even the guy who put all his and wife's savings it and lost it all...and was going to self harm...if he's willing to put whole savings on the line then someone who doesn't have family or wife is almost certain to go all in imhoo..alot wouldav quit investing altogether! Imho
DW, no intention to buy...alot of uk shares are drifting... ftse and American markets have jumped quite rapidly recently yet this has been drifting...so expecting red days like America had on Friday to occur
..which could drive this lower...u really don't want to be sitting on huge losses. Especially in current climate...ideal shorting condition imho.
If I stayed Aim I would be 85k down today instead of 45k. I feel for lots of those PIs in CINE, I get the feeling many of them are young and it's an exciting stock to be in.
Big lesson for me, don't be afraid to cut your losses, and don't invest in a a high risk stock especially one with 9 billion in debt.
Jg68, bet u must feel alot better to have sold out at cine when u did...yes taking a loss mustav been painful at the time. But I bet u feel if u stayed, ud be sitting on bigger losses... imho
Totally agree David Watkins, too much negative sentiment around for any major rerate until at least 2023.
CPI just quietly getting on with their business, not falling too much, not rising too much, fairly steady at these levels.
And as you say, when the turnaround is evident in the figures, then the City will react accordingly.
As soon as they lost that court case last year and sp plummeted, I took a very tough decision to sell out of CINE with a 45k loss at 28p.
Holding CINE was giving me sleepless night, I knew it was risky, felt it was cheap and could make a quick buck, but there was always going to be either a D4E or this scenario.
So I walked away with about 40k and still havnt made up that loss yet, but I used that 40k to add to my CPI holding, and although I'm 21k down here on 300k shares, I don't have sleepless nights, I know the turnaround is progressing , slower than expected, and I have never had that niggling feeling that CPI could go bust.
Similar number if shares in issue, CPI debt approx 500 mill give or take CINE 9 billion, revenues around the same, sp up to last week CINE 20p CPI 25p.
Can anyone hazard a guess if CPI sold off all their businesses, liquidated, paid their debts, what would be left?
This game is very dangerous...can cost u family etc imho
The stop losses wouldav been triggered then watching it trade higher...painful imho