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To do that in this market we need to announce massive contracts, just repeated good results wont get us there, u know how aim is. over time most share prices drift down without repeat good news.
Results due within the next 30 days. Still genuinely believe we can get to 20p over time
Look at the pipehawk share price since 3p. its gone up high. thats why I am hopeful here, we really need to announce some big contracts. this is the only share i have left that has a chance to do well now, lost too much on aim this year. veloclys screwed etc.
Bespoke, niche high cost radiators...... I'm a heating engineer and deffo a market for them - Especially with the drive towards Heat Pumps.
Kevin PriceKevin Price
• 3rd+• 3rd+
Group Chief Executive Officer at Chamberlin PlcGroup Chief Executive Officer at Chamberlin Plc
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Good luck with your presentation Nick! Chamberlin and Hill are very proud to be part of the Castrads journey to bring cast iron radiator production back to the UK.
I reckon we might get an update tomororw, feels like 1 is due
Down again?
The optimist in me is saying they may want to release some positive news (maybe another decent contract etc) alongside the results and they’re just waiting for it to be signed off.
Don’t want to tempt fate, but I can’t see any other reason as to why it would take so long to publish the results. The turnaround is in full swing, they’ve sold assets to strengthen the company finances, they’ve entered new sales markets, TB is still invested and has added, IIs have added, energy was hedged at favourable costs, there’s more desire to onshore manufacturing, we’re forecast to post a very modest profit.
There hasn’t been any indication from the company since the last results to suggest that there is a skeleton to come out of the closet in the final results.
Yes there are no restrictions on II buying, only PMDR directors with material responsibility.
I hope the results come out before end of November, the other alternative is suspension.
I think we will be due a surprise here either way, as the company has been overly quiet IMO. Hopefully a pleasant one..
I was thinking that IIs may be subjected the close period rules and therefore the final results wouldn’t be released for at least 30 days after the recent II purchase. However, after looking into it I don’t believe this is the case. The II won’t have access to key company info before it’s released to the market/public.
Therefore, the results could drop any day between now and the end of November, when the 6 month time period for releasing results come to an end.
On a separate note, it looks like CMH has been working with an outfit called Castrads (may be an ongoing relationship - not sure). Their CEO Nick Bayliss will be in NY on the 24th of October, at the General Society of Mechanics and Tradesman discussing the journey of onshoring and bringing the production of Cast Iron Radiators back to the UK.
https://www.castrads.com/uk/our-story/
Looks like an interesting outfit, producing High-End Cast Radiators.
Source - Linkedin.
As Harry says I also think there is an IOM connection
I had a quick look last night and intend to look further over the next few days. I believe the company we’re interested in is based in Guernsey, which makes things a little more difficult
They're different entities Dartron.
I have to say though that Ana looks a formidable Woman with an incredible background.
William Black is the chap behind the Isle of Man based outfit Armstrong Investments. However, information on the Fund is virtually non - existent, except from some RNS News on other holdings that they hold, or have been involved with.
I did spot that they had taken a position in Carclo over the past Year or so, which are another Engineering outfit that are hopefully being nursed back to health.
I'm not entirely sure I have researched the right firm there, still interesting though.
Their seems to be a few firms all with very similar names. As far as I can tell, the one below may now be dissolved. Too complicated to follow.
Check this link out for some info on the CEO of Armstrong Investment Managers. Very impressive.
https://creativewomen.co/staff/dr-ana-cukic-armstrong/#:~:text=A%20graduate%20of%20Imperial%20College,an%20FCA%20licensed%20financial%20institution.
Her ex husband (Patrick), was also previously involved, but has moved businesses. He is sometimes interviewed on Vox. But since this post is about Armstrong investments, he is not involved any more.
Who exactly is behind Armstrong investments? how are they? where are they based? etc.
Decided to add a few. Fortune favours the brave and all that!
Armstrong Investments Limited, up to 10%.
Wonder where those shares came from? didn't look like they were bought on the market, possibly another large holder offloading? (Very few shares have traded under 2.6p).
Very pleased anyway, hopefully they are not buying blind.
Wonder where they came from?
Still, positive in my view.
Onwards.
Yep, good to see Armstrong Investments/William Black/First Equity buying again - now above 10% (at 10.16%) with exactly 14m shares:
Https://uk.advfn.com/stock-market/london/chamberlin-CMH/share-news/Chamberlin-PLC-Holdings-in-Company/92306735
As suspected, an II has increased its holding…IMHO this can only be a positive indicator before final results are published.
It’s an interesting trade. It’s difficult to say whether it’s a sell or buy. However, given the trades lately I’d lean more towards that it was a buy. After all the recent sells it makes sense that a big buy would go through.
The company has until end of Nov to publish its final accounts so we’re not in a closed period. Perhaps it’s TB or an II.
These are just my thoughts on it…all will become clear in due course.
Where did they suddenly find those from?