Member Info for Aphrodite

As you say, I have always thought of it as a longer term investment with plenty of upside in an assured market rather than anything approaching a quick punt - perhaps like you say it's why generally apparently been attracting, particularly of late, bigger money. Cheers!

And numbers in free float diminishing at this price.

Doesn't matter really, results are everything in the longer term, aren't they. Nothing sticks else.

and through 3% - no RNS At 30th. September 2016 Blackrock held 1,300,000 shares representing 1.65% of the company. Shares are held in the Blackwood Smaller Companies Trust Fund. At 28th. February 2017 valuation of Castleton holding in their portfolio at bid was £914,667., which at 56p per share equates to 1,633,334 shares. Blackrock now appear on company website updated March 2017 as major shareholder with 2,403,383 shares representing 3.05% of the company. There has been no RNS. They must have been adding, and recently it appears.

They do like to dress up!Seem quite a happy bunch, actually. Should already be in mid - 70s - shouldn't have dropped back and wouldn't if not for a distressed seller or whatever individual reason. Agree all your post by the way. Been having a quick look at who might be buying. Though as long as somebody is in big numbers and tucking them away it doesn't matter - but an RNS of a morning would be helpful.

Like you, I think everything's looking just fine, but I would like to see more pi retail interest as we move up.

Just open the beer! Have a good weekend all.

buy at lunchtime and looks like moving on for more.

Looks like buy orders.

And I imagine you're waiting on a deal, maybe re. 365 or whatever. I think there must also be a reason for the pause in buy backs. No doubt they're up to something.

I'm not in here but I should like to think so - what's good for Ctp good for Mxcp and vice versa. Stepping back it seems to me that the investee companies generally going through an integration/consolidation phase, and Ctp just moving on from that. Should look up from here.

Yes. What is it at least - 1.5 percent plus? If Kestrel, must surely be one. If not anything tomorrow, or soon, possibly/probably a new holder under 3%.

Haha. Looks like the £805k was - it's gone. Several left though.

Need several fat fingers for them!

Whatever the reason, can't be bad in the eyes of the buyer, can it? And not just some odd punter.

I can't see any other likely interpretation. It's a lot, but why not? Perhaps we'll get a holdings RNS. Certainly it's a sign of confidence at this stage awaiting results, with Castleton apparently expanding.

In a nutshell. "We are sorry to announce the departure from the Business of Phil Manning as Technical Manager. Phil was a great asset during his tenure at Castleton, but he wanted to focus his career on more hands-on infrastructure technology roles. However, Phil’s role has been divided into 2 separate roles to allow us to focus on running the Sutton Coldfield Support Desk and also strategise on the wider Application Support & Governance aspects of the Business." And two appointments made.

Additional to above in March - one role made into two for greater efficiency and customer service. Meet Duncan and Samir - Castleton Plc www.castletonplc.com › blog-post › mee... 27 Mar 2017 - We are sorry to announce the departure from the Business of Phil Manning as Technical Manager. ... Duncan Laurance – Support Desk and Operations Manager reporting to Tony Evans – who joined us ...

11th. July, Victoria Plaza, London. Castleton hosting a seminar as well as exhibiting.

Just been reading an article of research by ' Naked Fund Manager ' looking at Cash Flow Growth Profile, who says a feature of many great business models is a rapid cash conversion cycle, and the very best even have negative operating working capital. Hence, as their revenue grows, cash generation rises even faster. This is the holy grail for many companies because it means business growth is funded by the customer rather than debt or equity. All the equities listed in the UK were examined, both in 2015 and 2016 to see which companies stood out as having a great Cash Flow Growth Profile. Those with negative EBITDA margin and those with revenue growth less than 10% were stripped out, on the basis that if revenues are growing poorly then the benefits of a healthy cash cycle are less relevant to growth. He also culled less relevant sectors like mining, oil and gas, banks and insurance. This took the research to about 370 companies. Top 20 UK companies by cash flow growth profile materially outperformed bottom 20 over 2015 and 2016 The average total return across the top 20 was 26% per annum for the years April 2015-16 and April 2016-17. However, the bottom 20 ranked companies had an average total return of 10% per annum - a 16% outperformance each year. Castleton is in the top 25, but with one or two others is yet to show the sort of sp return this particular research suggests it 'should.' But I imagine the last trading update is indicative of results which will bring the company to greater attention.