focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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.
Activity at last, could be a good year
movements atm?
Dobbie and as Rocka has pointed out a show of confidence .yet we stay at this price Zzzzzzzzzzzzzz just more of a waiting game , at least the old whiff of Cupid is slowly starting to diffuse in the atmosphere ! Gla
Show of confidence from Bill today :)
comes for the threshold crossed for Kestrel yet we didn't get one for the purchase of 365IT ? I don't get it ? Hopefully a good sign . Come on COR , I want my get out of COR card with a profit this year ! I'm sure I ain't alone , Gla
Mid-market player, Coretx, has acquired 365IT for an enterprise value of £5.4m. Note that Coretx was known as Castle Street Investments prior to April 2016. For the 10 months to January 2017, 365IT generated revenue of £12.7m (45% recurring) and EBITDA of £500k. The majority shareholder in 365IT was LMS Capital Plc Results just released from Coretx show the company (which was founded on the acquisitions of Selection Services and C4L Group at the beginning of its financial year) had total revenues of £43.4m (with around one third coming from managed services). The 365IT acquisition deepens Cortex’s voice and unified communications capabilities, and provides cross-sell opportunities while broadening its geographic coverage. Mid-market focused 365IT was established in 2011 following the combination of four companies operating in the data back-up, IT infrastructure and unified communications markets. A year ago, it acquired Deverill Group Limited, bringing in IT support, training and other IT services capabilities (e.g. business continuity and Infrastructure-as-a-Service). The combined entity has particular expertise in Cisco and Microsoft solutions. Our analysis of suppliers in the mid-market continues to show just how different it can be to the corporate space. For example, the tendency to use a core supplier for multiple types of services. While budgets are also under pressure, more organisations are going to external providers for the first time, or taking more serious steps to invest in services that safeguard the firm, such business continuity or security. As a result, the mid-market can be a lucrative part of the market, and given the sheer number of players operating in it, it is also ripe for consolidation plays such as Coretx.
"We are delighted to announce the acquisition of 365IT which we believe is highly complementary on both a product and service level as well as geographically. 365IT has a very strong IT services pedigree, with excellent voice, unified communications and cloud capability which we believe will accelerate CORETX's presence in these high growth areas and enable us to provide our customers with a broader and more comprehensive offering." The Acquisition is expected to be earnings enhancing in the first full year of trading
And when there is something LSE does not show the RNS ...Crazy.
Make this share do something this year ! We are counting on you ! Renew our faith in COR!
Thanks Aphrodite for bringing this to Cor investors attention . Let's hope Mr Ross puts his words into action here as long term investors still have the old whiff of Cupid in the air . I know it's still early days and over half of the company is held by funds etc so it is not very liquid but how much longer do we have to wait till something happens.I was in IOM and that finally rocketed so hopefully this will too one day . In the meanwhile we wait Zzzzzzzzzzzzz ,ATB spotted
Just an article which may be of passing interest to investors here 17 Mar Gillamor Stephens @GillamorStephen Andy Ross, CEO at @CORETXplc and Operating Partner with MXC Capital, features in the latest edition of GS-insight (link: http://bit.ly/2mWepjH) bit.ly/2mWepjH
Rocka ,buy baby buy!
Kestrel investor in again, if you see 2 or 3 of these within a short time frame I would be seriously thinking about either topping up or buying in...........
Hip hip hurray !
Haha Rocka its blue again ! Lol
You've killed it SL....................
Do my eyes deceive me ? Come on Cor do your thing and make us all filthy rich again .Gla
Yes, a bit strange up and down in 18 days. Nor much though. Almost like they found themselves a few bob short somewhere!
Maybe they want the dosh to go on holiday like me ! I can dream
Someone bailing out !
Very good :)
For the last bottle Rocka , its 2006 not that old but getting there ,let's hope our great expectations with COR come this year !
What year is it ?
Sounds good ,when we gonna buy able to crack open the Crystal Roederer , only one bottle left in the wine cellar , been saving it !
MXCP are raising cash for a further investment.............. Sold another tranche of RCN shares yesterday