Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Nice to read your recent posts and glad to see you've kept the faith. It's been over a year since i posted on this board. I've been quietly sitting on these for some considerable time now waiting for it to be noticed. I think that day is very close now. This is now an even stronger business with a robust and proven business model. With good positive results and after yesterday even better prospects this one will begin to steadily increase in value during the coming months. As ever the patient investor will always triumph in the long run with the right investment GL all
Check out the investor relations page on the website www.cashboxatm.co.uk. Notice of General meeting on the 9th Nov 2010, posted on 15th Oct. Deep down after the positive spin on the Threshers loss makes very interesting reading. Looks to me like they are getting ready for a cash call. Looks like holdings will be diluted in the near future as "the Company has recently deferred interest payments on its subordinated loans in order that the Company retains sufficient working capital while further investment is made in ATMs (including the old Threshers ATMs) to fuel the growth of the business and improve cashflow." I was looking at this as a recovery but too big a gamble with a cash call looming
Nice to see directors buying. I personally always feel more confident in this situation. As an investor and not a daytrader I am really looking forward to the next 12 months with this one.
Thanks for the info. Roll on 9p
Very very interesting. I must admit that what you say really is of great interest to me. Do you mind me asking where you get your info? I always invest on gut feeling and the research that I do on the company and the market that they operate in. I always try and stick to industries that I understand. The rest is on a fingers crossed basis.
Disappointing to see the sales today but I suppose a few always jump ship when results are published. Very surprised to see the sale of 1,000 with a value of £20.30. A fair % of that must of been consumed by the dealing charges so what’s the point, or could that be one of those mysterious MM signals. Regulation also muted today which IMHO is a massive plus. The cowboys will leave the industry leaving quality companies like CLEA to grow and develop within the regulated environment. The only downside as with all regulation is that someone has to pay for the cost of it and ultimately that is always the consumer. I'm still convinced this has a great future but as usual I'm a shareholder and completely biased. GLA
With both final results and future prospects looking very positive hopefully we will continue to build on todays gains. As of today Seymour Pierce are now the Nominated Adviser and Broker. IMHO this is a major step forward and fingers crossed will not just increase the shares profile and but will assist in driving the share price higher. Hopefully the coming months will be both fun and financially rewarding. GLA
Totally agree, massively undervalued. But again I am just a smidge biased. I think the fact that the jungle drums have been quiet for quite a while regarding sales performance has kept the sp subdued. I think many small investors have lost patience and jumped ship. I’m kicking myself that I didn’t get out and put my money in YELL. The only reason I have stuck with this one is I know how many people I see on a regular basis that are in a complete financial mess. Unemployment is the media’s new drum to beat on, so I expect wall to wall coverage regarding the plight of those who have lost their jobs. Most people who have had the foresight to have taken an MPPI or some other form of unemployment/payment cover only receive the benefit for 1 year, so if they cannot find a job within the 12 months they will have a problem. This will only add to the huge number of people who need help and advice. It saddens me to say that we’re not out of the woods yet so IMHO plenty of upside for this one.
moons ago. The major problem with it then was that it was an amalgamation of a number of regional businesses with a mishmash of computer systems etc etc. A lot of work has apparently been done over the years since my departure and I believe that the business has become far more streamlined. I bought in recently at about 7p because I couldn’t believe the price. IMHO printers will be one first sector’s to benefit from the upturn so fingers crossed this will be a recovery stock. Hammond is nobodies fool so I was interested to see him buy in May at 6p.
Still holding and in a big way. Unemployment still unfortunately rising and IMHO will continue to do so for a while yet. Even GB has now finally admitted to the inevitable cuts. This will undoubtedly mean job losses in the public sector. Huge numbers of people who have habitually racked up debts and used the equity in their homes to reduce their monthly payments and now in deep do-do. Obviously this is both unfortunate and stressful for those borrowers in trouble but very good news for CLEA and the like. IMHO a serious sales and profits increase in the short term and a major rise in sp when results are released. Please note that I’m biased DYOR GLA.
Says Lee, “In such a stressful climate, it’s important our advisors have as much knowledge as possible to assist clients with correct and effective information. This qualification helps them do exactly that, which is why we’re delighted with their success.” The Certificate in Debt Resolution, designed by Doran Scott Williams is accredited by the UK’s largest awarding body – Edexcel and will equate to three “A” grade, A Level’s for candidates completing all three modules.
Leading UK debt resolution specialist, ClearDebt, celebrates the completion and participation of their advisors in the first official qualification within the debt sector. ClearDebt’s advisors are part of the first group to study for the Certificate in Debt Resolution (CertDR) which has been created to ensure correct and ethical advice is given to debt-ridden consumers. ClearDebt advisors qualify from Module One of Certificate in Debt Resolution. CertDR becomes recognised as the first official qualification within the debt resolution sector. Devised and launched by the Debt Resolution Forum (DRF), ClearDebt have enrolled all of their advisors and advisor managers on this course, with the majority already qualifying from the first of three modules. The modules assist advisors in knowledge of debt resolution options, advice to be given and industry regulation which will be relevant cases depending on circumstance.Simon Lee, General Manager of ClearDebt’s Advisor Floor, speaks highly of the team taking part: “The team here take their role in assisting our clients very seriously. I am really pleased to see how committed our advisors have been in participating in this course and am already seeing a return on this investment.”ClearDebt already run a strong in-house training programme and believe this is yet another way in which they can develop the level of care and advice they provide to clients.
How disappointing, wonder how many other sells are really buys Date 05/06/09 Time 14:36 Settlement Date 10/06/09 User Type Stock Quantity Price £ Consideration BUY Cleardebt Group Plc Ordinary 2p 80,845 0.022 £ 1,778.59 Status Executed Limit Type Limit Price £ Limit Creation Date Limit Expiry Date Limit Expiry Time Commission £ 12.50 Stamp Duty £ 8.89 PTM Levy £ 0.00 Total £ 1,799.98
Many thanks for the post. I firmly believe that the company prospects are superb for the next 12-18months. With MK's cautious words yet again today and unemployment continuing to rise demand for DM and IVA's will only increase. If you have invested or are planning to invest in the company you work for it may advisable to get guidance from the Financial Director regarding your investment. I've got a nagging feeling that they need to be informed. GL with your investment not that I think you really need it.
Glad to hear that you and yours will be OK. I think the figures reported today unfortunatley speak for themselves and illustrate that a fair proportion of the population are finding themselves in a far less fortunate position. For my sins I'm in the financial sector (NOT debt Management, and the credit crunch was nothing to do with me) and see the other side of the coin on an all too regular basis. I have a number of contacts in both the free and fee charging sides of the DM business and they all tell me that they are swamped and phones just don't stop ringing. The really sad thing is that a large proportrion of those experiencing financial difficulties are in the situation through no fault of their own and are victims of circumstance. I get at least 3 calls a week from my clients asking me if I know anyone that can help friends or associates out of a sticky situation, (my clients I hasten to add tend to be fully protected. But that's another story.) Wishing you and yours a wonderful B/H
Bad news for Joe Public but great news for the IP's. In the first three months of the year there were a record 19,062 bankruptcies and 10,713 individual voluntary arrangements (IVAs). IMHO more and more people will find themselves between a rock and a hard place in the coming 12 months. Unfortunatley this is a growth Industry at the moment and CLEA I'm sure will capitalise on the situation. IMHO for the next 12 months the only way is up!
Hi Sundancer, totally take on board what your saying about the sp during the boom. To be honest IMHO that is exactly the point. In the boom times the demand for insolvency services tends to be lower than in times of recession. As we are in the middle of the R demand has increased and therefore profitability should follow. Take a look at their recent press release regarding increase in sales. I am totally upfront in the fact that I have a large holding in this one and the reason for this is that when I invest I'm looking for an edge that a company or sector will have over another. I firmly believe that this one will greatly outperform the historical charts for one simple reason the demand for their services. Take a look at this from BBC news today: http://news.bbc.co.uk/1/hi/business/8013180.stm Yes I am biased and as always dyor
Thanks blueballs, fantastic to see ‘BUY CONFIRMED' posted on British Bulls tonight. I really like this site even though statistics and graphs are not my strong point. These guys are normally pretty accurate with their analysis. A major plus point with this site is that they show you their historical results; you can see when they get it right and wrong for yourself. Personally I’m sitting on a small overall profit at the moment and IMHO the only way is up. I also completely agree with neil6660 that the spread is somewhat frustrating. Unfortunately the MM’s will always have their fun with AIM listed shares that have good prospects. My main concern is that if sp takes off too quickly the MM’s will start playing with the market size and it may be difficult to lock in those lovely profits. Take a look at http://www.cleardebtgroup.co.uk/download/Equity_Development_Research_09_March_2009.pdf The research details why CLEA’s prospects are so good and why Joe Public will continue to struggle in the short term. The last paragraph is especially interesting with 2009/10 gross profit estimated to be between £1m - £3m. Obviously these figures are dependant on the depth of the recession. But even if Darlings presumed 4th quarter green shoots find the courage to show themselves the positive effects will not filter through to Joe Publics’ pockets for at least 6 – 12 months. So hopefully the middle to higher end of this estimate will
This is a longish term hold for me(6- 12 months). I bought a lorry load of these over the last few weeks. My usual trick is to exit too quickly, grab a reasonable profit but miss the major sp gains and all the excitement that goes with the upward trend. I did this with BARC, LLOY, and YELL recently, and then when I'm out I'm too scared to dive back in because the price will undoubtedly drop as soon as I click the buy button. As far as my investment in this company goes, Debt Management is THE growth industry at present IMHO. Given the current climate I expect the demand for their services to remain strong for at least the next 18-24 months. However when the recession finally comes to an end, demand for their services will drop and the huge number of firms that have jumped on the lucrative DM bandwagon will withdraw from the scene as quickly as they arrived. So for me until that happens a nice glass of red, some cheese 'n' biccies whilst trying to relax and stay in for the long game, without thinking too hard about how many of these babies I'm sitting on.