The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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This is still way undervalued given the cash burn in lockdown is reduced to bare bones and when the economy opens, all hell will break loose. One bagger likely in a few months IMO!
Yes I agree takeover could be on the cards lots of consolidation in the sector
This has got takeover written all over it. 200p fair value
Have noticed a lot of buying and very little selling recently, is something brewing....?
Good to share price recovery. Quality hospitality offer should thrive once the tap is turned back on again
If this lot run their pubs the way they have the Host Arms in Burnham since they took it over there is not much hope!
Why Big Brother is the big winner from the coronavirus crisis: From an app to order your pint to the death of cash, the pandemic has given a shot in the arm to the surveillance state, warns ROSS CLARK https://www.dailymail.co.uk/debate/article-8457635/Pandemic-given-shot-arm-surveillance-state-warns-ROSS-CLARK.html
Sorry. Just realized that your post was also feb 2018
Article published in Feb 2018.
What’s the relevance?
I have followed Midas a few times over the years he has cost me a fortune in losses,he won�t print this in the mail.be carefull
Good Luck . Quite a lot of their estate is leasehold with the float price showing a significant premium over and above current property valuation
I saw someone mention this company on Twitter a few weeks ago stating they were going to float on AIM. Had a quick look at their results then and wasn't really impressed. Having another look now to see if I missed anything.... HY Results are bad. Cant even make a profit... Operating costs are way too high (in my opinion) Terrible performance over the last 6 months (which I would expect to happen in the following 6 months). Total Current Liabilities are more than Total Current Assets... Hardly any cash (had to do a placing to keep the lights on) Some good pubs in some good locations, however, not investment material. Good luck if invested here or are looking to invest, I would wait for a turnaround before I add any capital here. Good luck, stay safe, speak soon.
So far all looks to be as expected. But continuing to hold its own in a difficult market. Capcon Holdings plc ("Capcon" or the "Company") Final results for the year ended 30 September 2008 Highlights: Increased profit from operations before exceptional items Litigation successfully resolved Central overhead costs, before exceptional items, further reduced. Focus on core business creating stronger base Prospects continue to remain strong.
Here is that Corporate announcement we were expecting. After successful mediation, all claims by Argen Ltd have been dismissed with no payments due from them. This case was instigated in 2003 for alleged further payments to Argen. However Argen are to pay £36,000 towards litigation costs and a further sum to be assessed by reference to the consideration paid on the sale of the 473,912 shares which are to be sold for the benefit of CRC currently valued at £28,000.
Have announced that they are holding over 5% of the stock from a previous undisclosable amount. Looks like someone quietly picking up stock ahead of a possible Corporate Announcement...
After session ended today, CPC announced that it has raised an additional £59k before Xs, funds will provide additional working capital for the Co, by placing 1.523Mns new ordinaries. Paul Ashton took up the offer and now holds 13.06% of the issued share capital ("isc") and his voting rights are now 11.68Mns shares. New shares, ranking, pari passu with the rest will begin trading on 8th May. The sp should take a small hit but should recover.
CPC. End game is probably arriving. Take the money and scarper.
CPC. Are we about to see a bid for the entire share capital, with Christie Group PLC owning up to 18% of isc, looks like the end game being played out.
CPC. This is no way for a listed Co to carry on. Get shot double quick time. This is in intensive care and terminal. I have come across this situation before but not often. The tragedy is, the Co has got some good profit making business but no cash, a real shame. There was an offer of a £1M lock stock and barrel offer, now nothing.
CPC. This Co is in dire straits. There was to be proposed at an EGM to seek members approval for an £800K bond issue to stay afloat, after that it was going to sell its Auditing/Investigation unit for £700K to Capcon ( A rival to CPC). However Capcon has gone in with a £1Mns offer to buy the whole Business. Await developments.