Member Info for catshack

The loan conversion is good I would say as the company will have cash flow pressure and it was my big worry. Supermarkets don't pay quick do they?

I never watched MPW on TV after the first painful episode, but did see his book promiently displayed in Waitrose for a week - no signs of the soup or puds though but small store. If they drop down to 30p on the mid price I may bag some. Hope they do well for you in the longer term moosh.

Now I am wondering whether to buy in again at the lower price, does anyone know how the products are doing in store? Bit of a gamble as it could all turn to swill.

I sold my shares in this a few weeks ago following MPW's poor performance in his TV show. MPW then sold all his shares. They backed the wrong celebrity chef and if they don't hit sales target this summer they can't call on further monies from thier backers. I now don't think he has the charmisma to be a branded celebrity chef.

Thanks, I never thought of contacting them, maybe the advisors don't know. I would have hoped that they would produce an update a month after production began any longer and the silence will begin to sound ominous. I am tempted to buy some more as this one responds well to good news. Have a look at IHGP, very undervalued and in a potential bid situation.

If this company stopped buying other exhibitions for a moment it might make a real profit and pay a dividend. They haven't made any aquisitions for a while, however, thier last was a property show and its sales will weaken and there is no evidence of the promised cloning into Germany yet.

Is this the same David Chambers profiled in the Times as chair of the Lindum Group and worth £40m? Profile: Chambers, 51, chairs the Lincoln-based Lindum Group started by his father in 1956 to build sewage works and pipelines. It has evolved into a profitable building and development group with 500 staff, many of whom are employee shareholders. In 2006 it achieved a record £5.9m profit on nearly £80m sales. The Chambers family still owns about 75% of the shares in the £54m firm. I should have bought more this morning.

At over GBP500 billion, the value of the Private Rented Sector now outstrips the total of all privately-owned commercial property, including offices, shops, hotels, factories, warehouses and leisure facilities. (Association of Residential Letting Agents Press Release today). The PRS is huge and business (rather than householders) will be moving in. Re Value Its only a preliminary approach, however, if they closed tomorrow and sold everything there would stilll be £2m equity, its a going concern so even if you the discount the equity the value should be more, otherwise why accept the offer?

Tomorrow is another day. I was tempted to sell at today's peak and take the profits, but the bid situation could see an even better valuation. £2m equity and cashfow, how many AIM listed companies give you that for such a low market cap?

This company is still way undervalued, rental demand is up, tenants provide cashflow, £10m borrowing facility. One to watch

Its a month since production began, does anyone know when we can expect a production update?

Unfortunately MPW is all Conival have and if they don't reach sales targets they don't get the extra funding and its could be death by chocolate, sorry. I was told that he sold his shares due to his divorce, he must be going through a tough time, but it ain't good business if he is the only celebrity chef they have. It was sad to watch as he stood in a field with a cow saying 'oh my giddy aunt' over and over and then had to record a more sober talking head interview to get across his points. The TV crew would have had to work hard. Best quote - 'Pint of cider please, I shoot better when I am ****ed' before going lamping rabbits. If you own shares in CVL you should watch it. If he doesn't sort his act out this long awaited TV exposure will sink this company when it should be sailing. They need another celebrity or just stick to the Glorious brand without the endorsement.

MPW seemed to be innebriated on ITV's Best of British Feast programme, not great TV and not wholesome image for supermarkets to promote and he has sold all his shares in the business!

There is plenty of demand for rental property and this will increase with property market fears as more potential buyers choose to rent. I see this company doing well, unfortunately there is no glamour in buying portfolios of terraced housing, so investors are put off hence the bargain price. Stick with this one and I think you will see results as it is definately undervalued, has a good asset book and a good borrowing facility to fund further purchases.

My brokers advised me to purchase at 2.25 a few weeks ago they recon they could go to 6 pence and that could be a time to sell. I just purchased another 35,000 today at 4.20. This still looks like a good buy to me.