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Climbing back to the level of 350p where there were several tips made so still very cheap. Good to see the Japan store opened and first day beating expectations. Hopefully that will continue and we will see a steady increase to 450-500p a share.

Chart wise it looks a good place to be buying. I did a small buy myself today too.

Thats me done for final trade today. Added £10k, last trade just now at £6k. Will add if a stupid price comes again but really dont see it.gla

Well done all those who managed to buy on the green line. As you can see, first realistic stop should be 15.5p then 20p then up to 33p.

http://www.chartupload.com/viewer.php?file=74251680718132769806.png

Market open to pi's now. 12.5p for a buy. bargain

And I was just about to double my holdings yesterday but thought I’d hang on a couple more days.

Was just a matter of time. So glad I topped up a few times on the way down.

It wouldn't surprise me if the shorters have paid people who go around speaking to suppliers worrying them about whether they would get paid or not. Big business is shorting.

Slowly slowly is the way on build up to results.

This has hit the bottom and will be 6p by yo and 20p this time next year. Always good to oblige SFU.

Do you ever wonder what the Mp’s would be doing if we didn’t have Brexit?

Been tipped as a buy from IC this week. The charts dont look good imo though. Could be more pain to come. But hey, could bounce from here too!

IC View
Solid half-year numbers were accompanied by news that the group intends to introduce a progressive dividend policy for the full year. Early investor MXC sold out of its stake in Castleton during the period, although the proceeds will be churned back “in line with MXC's stated strategy of investing in technology companies”. Even with the divestment, institutional investors remain prominent on Castleton’s shareholder register. Trading at 16 times forecast adjusted earnings, the shares look reasonably priced against software peers. Buy.

Last IC View: Buy, 89p, 12 Jul 2018

There wasn’t much to lament in Castleton Technology’s (CTP) half-year results to September. Strong revenue growth fed through to a 75 per cent increase in operating profit to £0.62m, albeit on an 80 basis point reduction in the underlying margin (ex exceptional items) since the March year-end. The social housing software specialist said that its cost base has stabilised following the integration of acquired assets, so investors might realistically expect margins to build over the second half. The steep rise in reported profits gave way to a fall in net earnings, but this was expected as the 2017 half-year returns were buoyed by exceptional tax credits.

CTP:LSE
Castleton Technology PLC

1mth
Today change
0.00% Price (GBP)
98.00
Professional services revenues grew by 44 per cent, which also drove a change in the group’s overall sales mix, so that recurring revenues constituted a smaller proportion of the group total from a year earlier. This should be a temporary effect, given the rising number of multi-year contracts, including a Dumfries and Galloway Housing Partnership deal, worth £1.2m over four years, and an extended managed services contract with Circle Voluntary Housing Association.

Broker FinnCap forecasts adjusted pre-tax profits of £5.6m for the year to March 2019, with EPS of 5.9p – up from £4.5m and 5.2p in FY2018.

Could be worse, like say a boat!

Oh my. Another new share on aim to watch drop in sp.

Every little helps.

Plenty of buys coming in. All looking very good and low price been taken advantage off as results showed the company is steadily progressing and a progressive divi going to be implemented.

The spread is shown as wide due to very small amount of shares available. It isnt actually that bad a spread in reality.
Just added £2k, holding back buying more in case ftse drops bringing sp down. That is the only negative I see.

Can live with that offer.