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I haven't seen any date for the trading update but will settle for tomorrow and will be up early as usual despite it being my day off. I may even consider investing more if the update is good and I can get in early for a good price. Good luck all and regards CM
am hopeful that tomorrow's update will move this SP up from the 80s to the 90s. fingers crossed
No speculation. It is tomorrow Thursday 17th.
There has been a trading update over the last 3 years on the 6th, 11th and 17th of July respectively. I wouldn't be surprised to see another within the next week therefore. Speculation on my behalf of course. Regards CM
Taken from the prelim. results: The Board is proposing a final dividend of 1.61p per share (2012: 1.42p), giving a total dividend per share of 2.25p (2012: 2.00p), an increase of 12.5%. The dividend has now grown every year since 2006 and has grown by 10% or more for the last three years. Subject to shareholder approval, the final dividend will be paid, on 4 July 2014 to all shareholders on the register at 6 June 2014 and will be recognised in the year ending 31 December 2014. The above shows the confidence of the BOD and the success of the company. In particular note that the dividend has grown every year for the last 7 years and by 10% or more for the last 3 years!. I have just noticed that the dividend was paid into my ISA account yesterday, a nice little bonus. Thank you CLL. Yes quiet boards are good. No loss of sleep with this one (hope I haven't spoken too early). Regards CM
to clarify i should say 'High' Value is meant as 'great' value.
Hi Chequemate, thanks for the welcome. I guess the share price here has not been recognised by the market for a while, and hopefully the interim results will waken up the market to CLL (But not too much!) Quiet boards are good. I have looked over the figured of CLL, and I see it as High Value (Cheap/Undervalued), High Quality (Increasing revenues, increasing profits, increasing earnings, good cash flow, strong balance sheet and affordable acquisitions. While the share price has not performed, this is one company that should significantly eventually outperform the market. Certainly the momentum metrics are starting to catch up with earnings upgrades, so hopefully relative strength will improve. Dynamic M
Hello Dyna, good to see you this board. Appreciate your posts. It's been quiet on this board for some time. I agree with your comments. I had been waiting for a tick up with the CPP share price having seen it drift down since I invested in it earlier in the year. I have never been worried about the retrace. All the criteria are in place still for the reason why I invested. Sometimes we just have to wait a little longer than at other times for the cream to rise to the surface. Patience can be a difficult lesson to learn. Waiting for this to come onto influential investors radars. Directors buying in recently is a good sign. Think CLL is likely to be ahead of any AIM All share index rise generally. Regards CM
It is good to see CLL today go back above the 85p support line after a few months of down turn. Not surprising with the fall of the AIM All-share index Trading at a forward PE of 11 x this is still a good quality company and remains under valued. When the AIM market turns up again on a steady momentum CLL will not be left behind.
Cello Group plc (LON:CLL)‘s stock had its “buy” rating reiterated by equities research analysts at Sanlam Securities in a research note issued to investors on Wednesday. They currently have a GBX 105 ($1.79) price target on the stock. Sanlam Securities’ target price would suggest a potential upside of 23.97% from the stock’s previous close. Several other analysts have also recently commented on the stock. Analysts at N+1 Singer raised their price target on shares of Cello Group plc from GBX 122 ($2.08) to GBX 126 ($2.14) in a research note on Monday, May 19th. They now have a “buy” rating on the stock. Finally, analysts at Nplus1 Brewin cut their price target on shares of Cello Group plc from GBX 123 ($2.09) to GBX 122 ($2.08) in a research note on Monday, March 31st. They now have a “buy” rating on the stock.
Albeit not a huge sum.... non the less shows confidence
and still the Sp hardly moves
You mirror my thoughts as to potential shorting candidates. I did start posting pretty much the same as you but decided I had said enough and deleted it. COMS was I'm afraid another company on my mind that could come under attack sometime; lets hope not for all those invested. As I did mention in my last post, fundamentals don't seem to count for a lot under those circumstances. I don't see CLL in the above (or below) circumstances. If I believe it is going that way I will make a hasty exit. Good luck all and regards CM
Good evening Ge0rge. Thanks for your post. I am fine thanks for asking, hope all is well with you. Personally, I don' t mind folk asking about particular shares. It can be useful to hear others views and bring something to our attention which may apply to CLL too. What I am about to say I must stress is in my opinion only. I am not invested in BLNX and have no interest in ramping nor deramping the share or any share for that matter. Others may disagree with my view(s0 which they are of course entitled to do. And of course my view(s) may be well wide of the mark. I haven't done a lot of research lately on BLNX but it is still on one of my watchlists. A friend of mine does have a holding though so it is useful to keep a finger on the pulse. I should say I have previously held shares in BLNX. I have had a very quick look at the results and they do seem very good. The fundamentals look excellent and most of the criteria I set before investing in the share are pretty much matched. It begs the question therefore, why isn't the share performing as one would expect. This is when investing becomes difficult. If only it came down to a matter of fundamentals!. The problem in my opinion is the adverse publicity BLNX has suffered over the past 6 months which hasn't been totally cleared up/put to bed. Some would say it is all the fault of the shorters. What I see has happened is someone has sown a seed of doubt over BLNX past and published an article. The seed of doubt is just enough to spook the market. It may not be totally accurate, it doesn't need to be but once sown that seed will try to grow. You can bet that the market makers are aware of the article and will take full advantage, marking the share price down and start the downward spiral off. Private investors see the fall, some will sell up. Market makers knowing that a number of stop losses will be activated at around 10% fall push the share price further down and this activates further falls. Those buying on leverage then may have their position automatically closed, thus pushing the share price further down. Some investors see this as a buying opportunity and so buy in or "top up". There may be a slight rise before the share price is pushed down further, causing more selling and a general feeling of panic. Market makers make their profit by volume so they don't appear concerned which way the price is moving. Whilst the uncertainty about BLNX remains I would be cautious. There are very many other shares out there which are worthy of consideration and which are less volatile. Your "cheeky" buy order of around 65 may be reasonable, although of course the share may not fall that far. The above could equally apply to GBO and QPP right now. Good luck whatever you do. Remember though, that a share worth investing in today, is likely to be worth investing in tomorrow, so don't rush; take your time. Regards CM
I see my post from 21.46 last night has been removed. The reason why I asked for it to be removed is because it took you to a totally irrelevant page, nothing to do with CLL. It has happened to me once before when trying to give a link to a website. What I was trying to do was post an article by vectorvest.com about CLL. If you are interested it may be best to visit their website. You can type in the ticker of the company you are interested in and they will e-mail you a copy of their report on the company with their recommendation. In a nutshell they were saying that CLL is undervalued and is overall rated a hold. They use all sorts of different ratios to come to their conclusion, some familiar, some not and some quite confusing. Doesn't change anything of course and we still need to do our own research and come to our own conclusion. Just useful information to build on. Nothing particularly negative to report. Regards CM
Hope you are all well I would be interested if you have any views on Blinkx.. I am very interested because albeit it's been the victim of a shorting attack todays results and prospects look good to me ..I am considering emulating the shorters with a cheeky limit buy order arround 65 (I hope I am within limits to can make contact with you on the Cello website but thought it best way if getting in touch) Aplogies to all if I am "out of order" relatively new to this
Sorry folks. No joy. Please ignore my please ignore last post! under the title of "for what it is worth". I have asked for my post of 21.46 this evening to be removed to which it was referring. It wasn't aimed at Mogie's post!. Confused?, it's my age!. Regards CM
Whoops, please ignore last post, thought it would take you to an article, it appears not. Regards CM
Thanks ever so much for your vey informed reply as usual...I fully concur
Hello George. I can't say I have an opinion about the level of the Dow, I haven't given it much thought lately. You may be right though. I think the "sell in May and go away" can a bit self fulfilling in that if folk think there is something in it then they may well sell to be on the safe side and in so doing help to push the market down. This is what the Naked Trader has to say from his book "How anyone can make money trading shares": May-June: "Sell in May and come back on St.Ledger's Day" - There is a bit of truth in this as May can be the start of some under performance. In recent years it has been challenging September to become the weakest month of the year. 2006 saw a large fall in stocks, though 2007 wasn't too bad. Still, it's time to perhaps be wary, take some profits and keep cash in hand. June is pretty much as weak as May - usually it's the third weakest month. And July generally isn't that much better!. So, in summary, May-June ain't great. Maybe time for a holiday!. August - From the gloom of the previous few months there usually comes a great August. Of course a lot of people are away, which for a start means there is always a lot less volume. So what happens is that shares can move much faster than normal on far fewer trades. According to market historian David Schwartz, August is the third best trading month of the year: "Good gains can often be achieved in August. But of course with the volatility you have to get the right entry price." I agree with David; I often find I can make a lot of money in August. However, beware too, because of the volatility of August 2011 proved a disaster as shares fell a lot. One thing to look for is companies reporting in August. There aren't many, but if you find one that produces a strong statement, you often find the share price responds very well on smaller volumes. Also it is worth looking at companies reporting in early September; August is a good time to get in early in the run up to the results. End of article from book, before I get done for copyright!. There are some good economic figures coming out of the States and the UK economy is improving (so we are told, although on the ground it isn't always immediately apparent). There are other factors out there which of course could push the market down, one of which is the tension between Ukraine and Russia. I know from reading the latest Naked Trader blog from yesterday that he is a little cautious of what may happen this summer and reduced some of his positions. All I would say is I think it is a good time to reassess our portfolios and think seriously about cutting out our losses and concentrate on the strong performers. I am not sure this is a time to invest in speculative companies. From all that I can research I believe CLL is strong, although no company is immune from greater macro economical influences. Good luck and regards to all CM
Not been in touch for a while and hope you are all well. Thanks for all your replies I would be interested in your thoughts as to whether you see the Dow retracing in the near term...the "Sell in May and Go away" When and by how much do you see it retracing or whether it will continue to go north to year end and to what level.. From my point of view I am nervous..I am about 60% cash at moment as I cannot see why the DJIA is at the level its at ..I do belive there will be a retrace from 3rd week in May by approx 10% and then a further decline over next 18 months..I may be completely wrong though...If I am right it could maybe affect the high flyers Good luck to al
Thanks for your reply..Have been reading the boards and you are well respected and deserve to be.For me I retired far to ealy at 55 and now do this full time... I have learnt some painful lessons but all in all happy with the results thus far. Only recently got involved with the LSE board and Aim shares...They are not for the faint hearted as indeed spread betting, which I admit to being hopeless at even though I use it by way of hedging. Continue to lose with SB but say IG's advanced charts are great.
experts out there ? been a few massive delayed sells recently which have presumably held the sp down, I've counted 4 chunks of around £80k each which I would have expected to actually drop the sp since they outweigh buys, pretty sure they are all sells but equally ther have been no holdings rns Interested here, but if theres a seller I'm nervous - confused.com
Again gents some very informative and helpful posts. I particulaly liked the article by Paul Scott, was well worth the read, I quite like the fellow, will be reading more of his articles ! With regards spread betting, personally not for me, to much risk, and that from someone who used to race motorbikes for a few years whilst working as a London motorbike courier, I guess we all grow up and learn self preservation eventually 8) Nothing wrong with spread betting and I understand the tax benefits but just not for me. Stop losses I haven't used yet and am guilty of holding a falling share, it is a very hard psychological barrier to break taking a loss and I find it very interesting that the logic is inescapable but you still think there may be a turn around, you learn as much about yourself as the stock market when you get involved in investing/trading! I would like to think in real life I am fairly analytical and logic based but have bought a few shares all the way down, just been lucky non have tanked completely, but also realize I could have jumped out at a five/ten percent loss and then made a few percent a year in another share rather than waiting three years just to get back to even! Must try harder in that area 8) Books have arrived but three small children and legoland took up most of easter, but when they are back to school next week I hope to get reading and some of you more technical conversations may make a little more sense to me. Have a great weekend lads and lasses!
interesting reflections on stop losses and risk management guys. i do use leverage through spread bets to invest, but do so with stop losses, and with most aim share spread bets i pay the extra pips to buy 'guaranteed' stops, i.e. ones which will execute at agreed price even if market has gapped down past the stop. i was a holder of the qpp when it crashed, and am very, very pleased that i had a guaranteed stop, saved me a lot of money --- clear enough on the qpp board that there were indeed many using spread bets who had no stop losses, or more unluckily plenty who had set stops in low/mid 30s, but because they weren't guaranteed stops they actually got stopped out about 10p lower than they had planned because of the gapping and auctions. given how fiercely aim stocks can crash, i think the extra money for the guarantee is generally money very well spent. my own problem/failing with stop losses is i still get too tempted from time to time to move my stops down to try to keep a position open, which rather undermines my own trading plan. it's a bad habit, but i still keep falling for it. the rule of thumb really should be, other than exceptional/specific cases, only ever move stop losses up, never down.