Cppgroup Share Price (CPP)

https://www.lse.co.uk/news/CPP/brand-architekts-appoints-pyper-to-board-after-innovaderma-merger-sw4syi624ipa2m3.html

Nothing going on here as others have previously commented. Board guilty of being asleep at the wheel. Perhaps Pyper should focus on one job - that of CEO of CPP - instead of being distracted by other appointments. Continued share price erosion - 50% of what it was prior to his appointment as CEO. Shareholders continuing to suffer with no positive news on the horizon given the last trading update. Big shareholders need to wake up as value is being whittled away....

Someone make a trade, please! I just envisage tumble weed rolling through the CPP office. Like a ghost town.

100% agree, it's a disaster for shareholders. Ogston, Phoenix and Schroders need to be doing something about it, the Chairman has had long enough to turn things around and the share price has halved during his tenure.

A few years back I used to be a fairly regular poster on here. Seem to recall prolific posters like Morley & Yorkshireman. Now the thread might as well be shut down given the interest level. Same goes at ADVFN. I thought this was supposed to be a PLC? What are the directors doing to stimulate interest from prospective investors? Have they not heard of investor PR?

I only have a very small holding these days having thankfully sold majority of my stock at 5p (old money pre cons). I've just had a quick butchers at recent results and on the face of it, the numbers look good; revenues holding, EBITDA growing, decent balance sheet and cash position and seemingly and good foundation for growth. But then, following the long overdue decision to reinstate the dividend last year, it gets cut it in half for this year. This is despite, in the company’s own words, not having a defined strategy or anything to spend the money on - if that’s the case then give it back by at least maintaining the dividend.

The share price has tumbled over the past few months to a point where the current market capitalisation is less than the cash the company holds - this means that the intrinsic value of its operating businesses is less than zero. Its Indian business generates nearly £8m EBITDA on its own - rudimentary research on Indian valuations should point to a minimum 8x - 10x EBITDA multiple price tag for that business alone. They say it’s fairly autonomous, and imply that the new IT platform will make it fully so by the end of the year. Let’s see that value realised and returned.

It’s about time that the Board of CPP step up to the plate and do what’s right for all CPP’s shareholders - big and small - put us all out of our misery, we’ve suffered for long enough - no more deliberation or obfuscation - there is value in this business, let’s have some of it back. The ongoing inaction is slowly killing it.

How long does it usually take for us to receive the dividends?