Member Info for horace678

Sorry, I was a bit inaccurate, the market val is about 30% of the book value, but it's still very auspicious. This share will go the same way as OneSource (see my comments on IPEL board). The reason Ashcroft shares are low is that his lordship tends to court controversy and so people steer clear on the basis that he must be "dodgy". If he is so dodgy, why is he worth at least £1bn? If you want some more tips, try also SHOK and SHLP, Ashcroft's cash shells which are ripe for action. Welcome to the dark side...

Did you come over from Impellam?- yes, this is a very good punt indeed, it's just that you have to wait long enough. Notice how the market value is less than 20% of the book value. I'm sure you won't be disappointed. This is Ashcroft's biggest secret.

Ashcroft is not quitting the Lords - he is retiring as deputy Chairman of the Conservative Party. If you read the article in the Sunday Telegraph he indicates towards the end that he'll be getting back to business.

The shareholders' equity of the company is £12.2m while the market cap is only £8m so the "intrinsic" value of the company is greater than the market value.

Yes, I would hold on. I don't think there's anything immediate here, except for the fact that the share is undervalued and will come good in the long term. For a long time, this share has been scrutinised by speculators, but now it should be the turn of investors, i.e. put your share certificate away in the drawer and be patient !

Not really ! If SP's went up because companies changed their names then they'd all be doing it.

Every time I press "Refresh" on my browser, the SP seems to go up a bit more !

More rises today - buckle down ! And the most exciting thing is, how many people follow this - very few, it all happens beneath the radar!

If it can rise steadily during a recession then it's a sign that it was previously undervalued (and is still undervalued in my opinion).

Nicely up again today. This is not the time to sell, I'll be holding on till the end.

There is no catch in particular, it's just that you have to be prepared to wait long enough to see gains taking place and most people don't have the patience.

I have no prediction for 6 months - however, the shareholders' equity is recorded in the results as £91m as against a current market cap of only £54m. So the company would have to be worth at least the former value if it were liquidated. I think the company will be sold off at the end, and for maybe twice the shareholders' equity, which at current valuation would put it at a market cap of around £180m = a share price of about £3.50.

I said on 27 July 2010 that we could expect a price of 120p in the medium term and what do we get less than 2 weeks later - a price of 120p !

Woohoo, not bad at all, still a long way to go IMHO.

If you want a real long-term bargain, try Ashcroft's main vehicle, BCB Holdings, massively undervalued and one day going to be a winner. BCB is my pension plan! 3 articles on the company here: http://www.undervaluedshares.com/

The fact that the share rises so effortlessly indicates to me that the price is still very low and there is still a long way to go upwards.

Nice to see you joining the club - this one is not volatile like Restore and I anticipate that the direction will be gradually up. To be honest, I'm a bit sick of Restore and all the talk about what might be...

I think there's still a lot of potential here, at least this share is not the target for day-traders and rampers. The company has a debt but the market cap is well beneath the book value, so I would recommend buying some for medium-term gains.

Before the merger with Corporate Services Group to form Impellam, the company (Carlisle) was steady at about 120p. I think we can expect at least this price in the medium term. About a year and a half ago the price was languishing at less than 30p.

Not bad at all - remember there are 1500 shares on AIM and this is one of the hidden gems...forget BP, this is where the money is!