Member Info for CASTELNAU

'For me, I have to admit, much as I was a fan of the company, my large shareholding had become too large to sell at ordinary prices, so it had become a prison for me, especially as I averaged further down. '

Pearls how do you only make a tiny loss when you bought in at 50 times or whatever what you just got? 'Averaging down' JUST INCREASES THE LOSS when dumping at 1.5 PENCE.

SGI reached an all-time LOW yesterday at 1.2 PENCE.

That does not occur with Red Hot shares. :-)

Down to 1.26 PENCE yesterday (not 1.2 pounds as it was not long back!)

We then will have a true PENNY STOCK any day.

One or 2 here, (quite likely SG staffers) will chime in, right on cue, that is a 'GOLDEN BUYING OPPORTUNITY'. And that 'there were 6 people in the store today - things are really looking up'.

To the rest of the real world, it simply heralds the death throes of a stock that was several QUID a share until totally hopeless Management were appointed.

Castlenau share price has sunk under even the insider entry price of 90p -

https://www.sharesmagazine.co.uk/shares/share/CGL/trades

Hornby floundering about losing money, with zero leadership and ditto Gibbons - there goes Castelnau's only 2 sexy brand names.

Channon will pull the plug at some point, and move on - and Bye Bye everyone else

'Working Well'? As in the same way Putin's Invasion Plan is ''working well''?

It has been a disaster. Showpiece managed to see only 15% of the GUANO sold to the Gullible Lemmings who have no way of selling them even for 1 penny apiece, even now, 6 months on, which is of course the current Gibbons share price.

Same Director in both - Graham Shirecore - who knows nothing about stamps.

''Looks to me like at last we may have gotten to the bottom of the recent drift in this stock.''

You have been saying this all the way down from a quid as I recall?

''I see a rather nice 250,000 share purchase went through just before the close. Could bode well for tomorrow''

Well it boded well for the SELLER.

Only 2 weeks later, in a rising market, down 20% on that today to 2.3 pence

2.3p is an all time low correct?

Down to 2.3 pence today. Not looking good.

''It will all get a superboost once the exchange is set up allowing fractional owners to sell / buy their fractions ....''

Perhaps you mean superBOOT ?

None of the lemmings will be able to sell their bad buys for 6 months or so. By which point SG will be no more sadly.

If they get 10p then, for their 1 quid "investment" I'd be most surprised.

''We plan'' to have an open market place by June totrade these. Or maybe September .... or maybe 2022 ... or ...... maybe NEVER!

Come in SUCKERS. We have your money and you will never see it again.

''It's also interesting the stamp is not being referred by it's full name, leaving out any references to British Guyana. A little embarrassed about the atrocities created by British Imperialism? ''

GUANO is the shorthand version it seems!

Well it looks like a fizzer already. No stampede of any kind, and no earthly hope to resell for at least 7 months. At LEAST 7 months. Talk about illiquid.

WHO would spend money on such a scheme?

For those not sure who or what CASTELNAU LIMITED is, broadly it seems to me to be a giant cement mixer in the Channel Islands, into which all kinds of unconnected businesses and start-ups have been tossed in, and the ''GO'' button pressed this month, with shares in it being fully subscribed at a quid each.

Essentially failed and/or unprofitable businesses, but well known names like Stanley Gibbons and Hornby are in there, highlighted as being in the mixmaster, along with funeral homes, wedding companies, and other VERY strange bedfellows, and some sexy sounding tech start-ups etc who may or may not make or lose money, but gives the illusion of making the cement mixer look more relevant in 2021 to those who skim read the fizz headlines.

The AIM of CASTELNAU seems to be, as they stated publicly to offer an investor return of **a minimum 20% a year** it seems, from their Huff and Puff mission statements. Or indeed, far better still - 10 to 15% ABOVE the average FTSE market gain. Which to my humble maths seems to suggest they are aiming for a share price of at least £1.20 by next October. We shall all see soon enough.

One medium market correction, and new listings like this with no past track record, can rapidly crash to 50p-70p or so of course, or indeed lower, as we have seen a million times before over history.

IPOs come and go with huge regularity. Some fly, and some stiff. LOTS of day traders and speculators fight over each one that lists. And if they go nowhere in the first week, the message is pretty clear to all. Price is heading south already, only a few pennies above float price.