solid performance18 Oct 2016 23:50
Hi Chaps,
Got into CMBN @ 65P though only £1k worth.....
I have worked in this industry in the past and fully aware that the state of the adult services in terms of budgets and growth isnt anywhere near as good as that of the childrens services. I can see why they want to get rid of that area of the company.
Staff and property utilisaiton is key for a company like this aswell as consistent service against contracts, Cambian was always seen as a highly regarded well setup professional company in this sector in the eyes of its competitors.
No idea what the bid price would be however it would look attractive and would appeal to numerious organisations both in and outside of this industry.
Good luck all, maybe £1.60-£1.85 bid on the cards? the share price increase has been strong in the last couple of weeks, people are in the know...