Member Info for chrishutch

Slow and steady but the future is bright here! Afternoon all. Great Post Hummy and nice to have others on board, fresh faces with new takes on the company always helpful. Should be a nice and easy couple of months.

yup well done ctp

A real opportunity here, this is going to be one hell of a year! GREAT RNS. Morning

Cannot believe the value here! Going to be an exciting year for the company

Turning out to be a fantastic year there! RNS OUT

We already knew figures were in line with broker target of 90p and then CTP WIN 2 new CONTRACTS. THIS now has to be worth much more we can expect to be in £s. I am going to take advantage whilst this is off te radar, EASY MONEY

With so few shares and so much not in the price (not to mention future value) this is going to be a bumper year for all. Like Aphrodite I am off out in the sun and maybe sink a cold one (or two), enjoy the day folks.

CTP RE: 2017 share of the year 2 Jan '17 Looking forward to a year of gains here at CTP. The current Share Price presents an opportunity to get an ideal entry for a company at the cutting edge of a digital transformation of the UK housing associations. But why are holders adding to their positions here and new investors taking up shares for 2017? CTP already has a large proportion of Housing Associations on the books generating repeat revenue, each taking up one product or more products. If we factor in the estimated cross-selling and positive feedback from both the technical press, industry experts and housing associations themselves it is VERY likely that existing HAs will take up more products. Especially if we take into account the expected mergers that are going to take place, these alone could add significant profit for CTP. With the cost of acquisitions last year the company still manage to turn a profit but it is 2017 that will be the golden goose year for the company in my view. CTP have added two new geographics the first being Australia and the Landmark Contract there that the board are so happy about. Which thanks to CTP's recent acquisition of kypera has opened a gateway to new revenue and a new marketplace. An acquisition consisting of two new products one of which a leading advisor to the HAs said is better than Microsofts own non-dedicated product. This new addition has a gold mine of potential and in my view is equal to the success CTP are seeing with Documotive. The last contract win in OZ did not publish figures so we are a little in the dark as to what they were, but our broker target of 90p was prior to this win for the company. Then we have the dutch market and if my hunch is right we are looking to put a team in place there this year to exploit the opportunity, time will tell on this one. There is lots of talk about all UK housing associations going green and clearing their office space of paper as well as providing better access to tenants, who's biggest complaint against the industry in 2016 was that issues were not resolved on one enquiry. CTP are providing the products and services that free up man hours, reduce costs and workloads and overall make the industry a better more efficient environment. There is lots more I could go on about and I will no doubt spend the next 12 months highlighting the virtues of an investment here, but for now, I suggest those considering an investment read through the RNS, take a look at the company website and twitter, youtube and other social media. This is going to be a BIG year for CTP and that is why I am singing their praises and SHOUTING STRONG BUY to anyone who will listen.

morning all. still lots of value in the share price and still firmly off the radar. We can hopefully enjoy a move into the 70s next week while we wait for people to notice the potential here. Aphrodite it seems there could be lots of future riches to be had in OZ. The company is currently well positioned to take advantage of this. Can't wait for the rest of this year and the Castleton journey to unfold. Exciting times for the teams here, abroad and of course shareholders.

Oops Ian not Tony Smith, Tony Smith on the other hand is a leading expert in IT to the Housing Sector and friend of CTP.

Part 2 I won’t harp on about the products and how great they are any longer but CTPs recent financial and housing package is worth a glance -leave that to you to look at but it opens doors into the commercial sector. Where are we now? Well, the company appears to be fully integrated (something the HAs have been demanding) and has a first class stable of goods. They are getting rave reviews from HAs here but they are also expanding at rate quite frankly that I did not expect. UK, Ireland, Australia, Holland etc. CTP recently moved into profit which for a startup company is amazing, they probably could have done it quicker if they hadn’t had such a quick succession of acquisitions in such a short period of time. The hard work appears to be done and now it is a case of cross-selling products with an already impressive customer base this is the easy bit when the products are this good and then acquiring new customers who also want to reduce time, costs and speed up efficiency. The company has a recognised brand and is the go to supplier, but their range of solutions is now so diverse they have all bases covered. The board told me a year ago that they have the team, services and products in place to deliver value to shareholders. I expect this to continue. You asked for negatives. Well, cash flow was a bit weak, but this we are told has improved and is often the case with tech companies. There was also the 'bedding in period' which took a big chunk out of last year. This caused the SP to drift to the level it is at currently which was annoying but now we know figures are in line with expectations and expectations predict at the very least another 35% upside short term. What I am saying is most of the negatives are now behind the company. The positives are the share price and market cap is too low for where the company currently is, as an investment this proves to be a good long term hold considering the rate of expansion and organic growth, the company is paying off debt and steadily becoming something great. If they continue at half the current pace then I see tremendous growth for share price and in the end a buyout or take over by either capita or Civica. A quick glance at holdings RNS will give an indication of how many shares are in major players hands. Kestrel and MXCP holding the bulk. It is also a good sign to see CEO and current board members buying and ex board members maintaining their holdings. I could go on but will leave you to make your buy in or not reasons. Sorry it was a bit long,

Castleton Technology started out as a buy and build project for Tony Smith and a handful of major players invested. Their intention was to buy the best in class software and services providers to the housing associations. Recognising there were major players and very small companies but nothing in the middle. They set out to dominate this niche and become a one-stop shop for all the housing associations technical software and service needs. Not just to own a handful of first class companies but to integrate them so that they work flawlessly with each other. That was the plan at the beginning. To build a mini Capita. I saw this as nest egg or retirement plan for Smith, he was already successful with a proven track record so I figured he and the Castleton Team would buy a few companies and their combined income would provide riches for me and a pension plan for him. But then things got interesting. Interesting A quick money play became an ethical investment for me. I could bang on for ages about what is good about Castleton Technology and I know you probably want to hear the how we make money bit, but first. First I want to say I have been impressed with the way the company is growing, I am here to make money but at the same time the ethical choices the company makes tick the boxes for me. First, they are providing services to the social housing sector which to me feels good but a check of their twitter page will show they also are ‘doing good’ for society. Supporting good causes, planting trees, cleaning up streets, running for charity. They are a housing association friend and this is proving fruitful. They acquired Documotive which provides a paperless document management software solution. This not only frees up office space (no need to store paper files) and reduces rental costs for HAs but Documotive is interactive and mobile which means instead of multiple visits from housing officers to properties and returning to the office checking files etc it can all happen there at the resident's house. Same with repairs or damages etc. Imagine housing officer turns up sees repair is needed takes picture sends report from mobile device and books in repair work for the afternoon, invoices reports contracts etc all there at the touch of a button. Ok this is best case and a lame example of how their solutions work but it has been said that just having the Documotive bundle frees up to 90 minutes of time per officer. This is why housing associations seem to love Castleton it makes their lives easier and enables them to be more efficient. But Documotive is just one product and there is a break down each of the other products on the website as well what they do. Check out the Public Sector and Commercial tabs on the website http://www.castletonplc.com/ and if you are really geeky there are old youtube videos demonstrating how good the products were a year or two ago, they have progressed a lot since then.

Thanks. Very happy with my holding here. Just got Housing Technology through the post (March edition) and a quick flick I see the new contract wins for Castleton at Cluid and Arcon Housing are smack in the middle of page five. I imagine a few got it through the door this morning - so good advertising.

Just added another 7150 shares. :-)

Nice knowing results will be good and an easy ride all the way up to come. Makes you just want to sit back and enjoy the movements. Some great posts since RNS and still firmly under the radar!

Would like to buy back in but waiting for the bottom. wherever that is..

Exactly it is looking like a bargain at current levels. Nice to see old faces and new. Welcome on board

Cash flow also looks good. A nice time to buy in with 40% upside on the cards

Explains all the director buying. I would hope for some investment press also! Either way a nice confidence boost for my investment here.

So 90p by July then. Excellent. A nicely worded RNS with more to come.