Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
CEO Bartlette to step down ,changes at the top ,there has been very good work done and figures look good ,plenty of franchises performing well .But the good work has not been reflected in sp which has come down over 50percent . I feel that a change is needed at the top, as shareholders have not benefitted from the sp ,which i beleive should be above 10p .ALSO the directors have not surported the sp when it has been creeping down .Also i would like to see more regular updated.. I not in CFE to make a quick buck ,but it would be nice to see a steady rise in sp ,as alot of good work has been done with this company,and i personnally have alot of faith with them
Sorry didn,t finish last post The deal was suposed to value the T.O AT 48.9P ,but on floating last week the real deal was about 36p . Going on todays price of 87.50 ,this is worth about 31p of the old CEN shares , inmy view this is another shafting for the CEN long term shareholders . As you are going to hold for a while you should be alright , as at current price it seems to me that the sp is very cheap ,now have the two company together . The german sp has come down from 8 euros high down to 1.04p today .The sp was about 1.30p when the takeover was annouced. I,ve sold out , but i wish you luck .Hold and see what happens
Warscott .I was a long term CEN investor .I sold out last wednesday at 105p .I was very angry that the paion shares were 105p in UK and 119p in germany .I was told by CEN that the UK PAION shares would float at the same price as the german shares .AT 105P there was a small proffit on the closing price off CEN
I beleive if a T.O come in at 4p ,it would be rejected .I know that the big players would shut the shops down if they took over .But i beleive CFE has a very good brand ,and management have done some very good work since they came in ,and are looking at a long term program
At this price CFE is a target for a takeover .Starbucks and all the other bigboys will try to snap up the smaller coffee chains.Starbucks is having a hell of a hit in USA,margains are getting tighter so competion will swallowed up .CFE DELI SHOPS seem to be performing well,at the end of the day people wil still eat out ,and cut out on luxury items .
Like i have stated in my previous posts ,FOBT MACHINES have either got to be controlled better ,or reduce the stake that one can bet .These machines are very dangerous and are not radom .Gamblers are lossing life savings very quick on these machines .They are highly addicktive ,and are attracting young kids ,who are racking up huge debts .I know several persons who have lost 50k plus very quickly on these machines.These people would never have gone to the casinos to play the rollette ,but the rollette is ready avaliable to them via the bookmakers . Another thing i have noticed is the amount of armed robberies in my town on bookmakers ,has gone up .Before you would hear of one every now and again ,but since the bookies have increased their takings via the FOBT MACHINES ,and proffits are up 50percent ,crime on bookies has increased .Is this linked to the FOBT
CEN deal of the takeover was surposed to be 48.9p .PAION shares in germany yeserday were worth about 1.19pounds .The uk listed PAION yesterday were about 95to 103p to sell .You have to sell at uk prices ,which means you get appromatly 32to 35p .I was told by CEN that the uk PAION shares would be worth the same as the german shares .Both ger and uk paion shares have fallen heavily today THIS IS THE FINAL SHAFTING TO CEN SHAREHOLDERS .