Member Info for Aphrodite

That's an interesting one - a private jv company. They will, I think, need to go to the markets now, and if so, that will give a useful benchmark for shareholders.

And they now have an additional 2 solutions of their own and one in partnership with Glantus, being demonstrated to existing customers end of this month.

Went live today with Castleton EDRMS. Giving some idea of that timescale, it first went out to competitive tender in March 2016.

I know well about the existence of the seller(s). Been going on for I reckon 18mths, and the only major investor selling as notified by RNS was Slaters going below 3%. They should be long gone, though there are others, and it looks like it may be a question of holdings not being notified in the first place. Kestrel and Wray are very good with their TR1s, and they've been buying, with Kestrel higher than this before and after it bottomed out at 53p. So they see a profit from here, and the company is performing in line, with 20% increase revenue forecast for the year. Seller(s) could finish anytime. It's been a real drag but could just as well go up as down.

Several large sells, including a late reported from Friday. Somebody bought 2 lots of 3 shares, but a final �60k buy at 64 keeps it sensible. Balance of sells presumably went to the background buyer for RNS time.

Most recent contract wins for Castleton, showing a cross section of customers, include:- EMH Group. Previously four associations in East Midlands. Now rebranded with 19000 homes. BPHA. Home Counties. 18000 homes. Riverside Group 46000 homes throughout UK Horton Housing. Bradford/North Yorks. Housing, training and support services to the vulnerable. Changing Lives. Providing emergency housing and other support in the North East of England. Novus. National maintenance contractor operating across the public ( housing, healthcare, education ) and commercial and retail ( including hotel and leisure ) sectors.

And some from 8th - 2 buys, and a sell perhaps.

However the trades work out we finish couple % up and highest buy price 64p shown end of day.

2 x 100000 delayed buys just turned up here. We don't see those made by the major holders, so they're likely someone else.

Not invested here but this general article may be of some interest. https://www.socialhousing.co.uk/news/funders-eye-long-term-supported-housing-53128?utm_source=Ocean%20Media%20Group&utm_medium=email&utm_campaign=8867353_SH%20Weekly%209/11/17&dm_i=21XR,5A23D,MRKDLK,KCSP8,1

One larger and a few little buys today. The seller seems still with us. But no change in bid since prior to results.

By Christmas 2019 latest, if CEO is to get his full performance related pay package, over and above his rather miserly 65k a year.

Housebroker FinnCap reiterate 90p and publish positive research note. Castleton has reported interims in line with unchanged forecasts for the year ending March 2018. EBITDA of �2.3m (1H17: �2.0m) represented 46% (46%) of full-year expectations, with net debt (post deferred consideration) of �8.0m showing continuing improvement from �9.7m at March FY17. New contract wins, the first implementations of the full product suite, growth in the customer base, and cross sales success, all contribute to a very encouraging first half.

Not quite all gloom and doom. Just a glimmer of light.

They certainly can't be accused of 'gilding the lily' I had expected some mention of the additional products they are unveiling at the end of November - but perhaps that must wait until then. As it is, they chose only to mention the Cluid milestone, which in the trade is very significant, but perhaps pretty meaningless to those not following the sector. But progress is clear, though the RNS, frankly, somewhat bland.

Nothing much to wait for with Ctp - just figures to support the update. I'm in there - it's slow at the moment for sure and people like you get bored and sell. I expect some encouraging noises for the future though.

That's true of late, neither have they crashed and burned- save 365, but they bought the wrong tech in Wireless Things - didn't amount to much financially. Whatever, the partners are heavily invested, usually seen as a good thing, and will be looking to recoup their loss of profit. Personally, I think they need to get back into deal mode raising capital and reassuring the market - maybe that could be done at a premium with the NAV here.

Not invested here, but have an interest. Could be something entirely new to announce with results, but this is what they last said as 'outlook'. With a portfolio focused on five investments, the Group is well positioned to build further value in these businesses both organically and by acquisition. Three of the five business that we have in the portfolio (representing 73% of the capital we have invested) were invested in during our previous financial year.......... We have a pipeline of promising opportunities for our existing investee companies.............

They've achieved the aspiration across their whole portfolio, recognised in the last sentence of this, by Housing Technology, the industry publication, and demonstrated with Cluid. "Transformation and integration Publication 055 - January 2017 As we move into the tenth year of Housing Technology, it is interesting to note that while in the past if housing providers had a particular problem to solve, they would deploy a specific line-of-business application to address that problem. Skip forward almost a decade, and we�re now seeing a plethora of housing providers taking a more �helicopter� view of their IT estates with respect to how they support their organisation�s wider objectives, particularly around business transformation. If you skip through the past few years of Housing Technology, it becomes very apparent that housing providers have already readily accepted that mobile working, dynamic scheduling, document management, virtualisation, CRM, portals and self-service (to name but a few specific areas) all work perfectly well. The recent change is around making them all work together to serve wider organisational objectives. Or to put it another way, it is now accepted that technology works; it�s now a question of making it all work together, than as a series of siloed, piecemeal applications."

Interesting read from Castleton's new website. The RNS of 26th September appears neither to fully illustrate the unique nature of the contract, nor the interest being taken in it within the sector. Maybe the first of many - the solutions are modular and can therefore be implemented in stages as associations' various individual contracts expire. http://www.castletonplc.com/2017/10/27/cluid-housing-handover/