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AIM is killing CPP share price again.
125,461 paying well over Ask at 8am
Stop losses triggered...lots of buys now..going back up..
I wish if someone can explain me why share price went down dramatically this morning? I just read anual report on twitter and couldn't see anything dramatic for share price to drop down...
over the Ask
Personally felt it was a good solid turnaround performance with forward focus on growing their share of international business
A lot iof stop losses being tripped...buys are manual.. people jumping back in now whilst the price is low...Ia few will sell from panic..imo.
Morning all, odd to see this dropping when news of year end figures are due & the recent purchase. Any thoughts?
traction being gained with significant growth in India Onwards and upwards
.
Currently 15.50p to buy
the buys next few days
activity here this morning Update due anytime
Before this crashed in 2011 it was £3 a share. medium - long term this is a good one! Possibly even short term with a good RNS this could top 24p again. IMO.
Well Yorkshireman, 5 years ago the sp was around 60p ... if we rise from this level to that level I will be super duper happy!! Completely agree with you, hopefully the new figures will show how the company is now on a much better footing, targetting growing markets with quality products. Here's to a positive RNS!
Still think as i've said before - this company making money - lots of money - if it doesn't do well from now on - they should shut down altogether. Think now is the time for share price to steadily go up to - well at least where it was 5 yrs ago.
I agree with you guys about upwards of this company. They wouldnt buy other company for 1 million pounds unless they have money.
CPP strengthens new product development capability through the acquisition of Blink Innovation Limited CPPGroup Plc ("CPP" or "the Group"), the international assistance business, today announces that it has acquired Blink Innovation Limited ("Blink") for an initial consideration of €1m and an earn-out based on future products developed by Blink. The initial sum will be paid on completion with a total maximum earn-out based on up to 20% of defined profits generated up to a maximum of €20m in profits over the next five years. Blink is a unique digital assistance insurance product for the travel market. Based in Cork, Ireland, Blink is set to launch the world's first real time resolution flight interruption insurance. Blink provides insurance in the background, a seamless experience for customers by solving their problem and enabling them to complete their journey at no additional cost with no claims process to negotiate. It has recently partnered with Munich Re and is the only InsureTech start-up in the FCA's Project Innovate sandbox scheme. Blink was founded by Paul Prendergast and Peter Bermingham, both of whom have built a number of successful businesses in the past. The primary aim of the product is to assist customers in an emergency situation due to flight cancellations. The product has been through beta testing and is due to launch April 2017. Commenting on the acquisition, Jason Walsh CEO of CPPGroup plc said: "I am delighted to announce this acquisition of Blink and welcome Paul and Peter to CPP. The acquisition marks a significant step forward for CPP in building a global product innovation capability. Paul and Peter have a proven track record in developing innovative companies and I am thrilled that they are joining CPP to lead our drive in creating customer led products for our global markets. This will ensure that we are at the cutting edge of insurance and assistance product development in the digital space." Paul Prendergast, CEO of Blink added: "CPP is the natural home for the Blink team. There is a great deal of technology crossover with CPP's existing customers and products and we are looking forward to working with the team to develop new insurance and assistance solutions."
Having read the RNS.. it adds another arm to their insurance cover.. the company is moving forward and we are seeing the first signs.. we still have Year End figures to come through and other announcements from Blink in April. Onwards and upwards.
Anyone know about this company and why CPP would want to acquire it?
I agree. All indications are that the figures will be good and if so we should then see this push back over the 16p/17p mark. Added some more to my pot whilst we were under 12p.
We should have Year End figures in the next 10 days going on past years....
Opened up...any news?
Have been triped.... good time to top up...but still high purchase price?
If you think this share is going nowhere check out the buy on Fri eve 3rd Feb £186k... looks like someone has bet there life savings on this one!