Member Info for justdeezerts

sam7 - you only have to look back to the late panic sale of 2.5m shares @ 10.55pence on 26 Oct (1620hrs). MMs now offering these shares @ 14.14p to 14.25p and are having a field day. Let's see what happens to the SP if & when they run out of stock..... NAI & DYOR

Can't be bad for ZOO. https://www.theverge.com/2017/10/16/16486436/netflix-original-content-8-billion-dollars-anime-films DYOR

Clearly this move is to try to attract a new type of shareholder by indicating an intention to pay dividends in the foreseeable future. I like to see a Board with a confident outlook. DYOR

This website has not updated its 'Fundamentals' page with financial info on any security post-2015. Is anyone else as irritated about this situation, other than me? Just asking.... I complained about this situation several months ago, but there doesn't appear to be any real enthusiasm to change the status quo. DYOR.

It has never failed to amaze me how minuscule volumes of 'algorhythmic' transactions can affect the SP during the day allowing the big boys to fill their boots with high volume transactions in 'after hours' dealings....

It doesn't take many trades to move CRL one way, or the other. Market makers have little, or no understanding about this well-managed business. Recent SP increases may be in anticipation of good results due to be announced in and around mid-November. Otherwise, no apparent reason for this unexpected, but much appreciated upsurge. However, always keep in mind the universal adage "Buy on the rumour, sell on the fact". As an LTH, I will be doing neither. GLA & DYOR.

I didn't say it was 'needed', just a feeling that CRL having missed out on one, may be looking for another opportunity to make an acquisition. Proven to be past masters at acquiring revenue streams, rationalising overheads to generate good profits to the bottom line. It's only my view that something extra is on the cards before the next results' announcement - hence the recent increase in share activity.

Having lost out in June 2016 to Swallowfields to purchase Brand Architekts, perhaps CRL is on the acquisition trail once again. Only one significant share sale in the past two weeks with SP improving 20 per cent on low volumes....DYOR & GLA.

In 2011, 2012 & 2013 the RNS was made on the penultimate Thursday in the month of August. Thereafter, 2014, 2015 & 2016 announcements were made on the last Thursday in August. For this pattern to continue, RNS should be due on Thursday, 31 August..... GLA

From ShareCast News: Berenberg upgraded its rating on Plus500 to 'buy' from 'hold' and lifted the price target to 725p from 560p as it said cash flows could be undervalued and the group's first-half results on 7 August could beat expectations. The bank noted that after a sharp fall in December 2016 after the Financial Conduct Authority published proposed regulatory changes, Plus500 has been among the top performers in the diversified financials sector, rising 62% year-to-date. "We believe that regulation is the key driver of the top line at Plus500, and, as it is hard to forecast, rarely positive, difficult to time and even harder to model in terms of its intended and unintended consequences for customers and competitive environment, the road ahead is unlikely to be smooth. "However, we also believe that Plus500 has a business model that works, can adapt and is generating very strong levels of cash. As a result, we think there is an argument that these cash flows are being undervalued."

MrBond007 - here's a follow-up question for you. Since 18 July, when a share sale went through @ 40.07 pence, there have been approx 530,000 shares purchased and 360,000 shares sold - by my reckoning, the 'commission boys' are short of around 170,000 CRL shares. Yet during the same period, the SP has been on a downward path to its current SP of 35.75 pence. So my question is this -is the SP being manipulated and if stop losses cannot be triggered by the manipulators, does that mean that the commission boys will be forced to balance their books at some time in the immediate future and at a much higher SP than the current one?

The last sale of CRL shares recorded on this website was @15.43hrs on 10 July.with an SP of 37.30p. Since then, there have been 30 consecutive share purchases comprising some 250,000 shares. Yet at one time this morning the Market Makers were trying to 'tempt' panic sellers @ 34,50p - fortunately there were no takers. Can anyone try to explain to me the Market Makers strategy here........ ?

Compare CRL with its main competitor, Swallowfield ('SWL'). On current SPs, both have similar PEs. However, SWL currently generates annual post-tax profits of c.£4m on £51m of net assets. Yet in year to March 17, CRL managed to achieve £1.2m profit on £8.5m of net assets employed. Furthermore on liquidity, SWL currently has net DEBT of £5m, whereas CRL has net CASH of £2m. With the re-evaluation of CRL's share price in recent weeks, perhaps it will provide an opportunity for the Company to make a significant acquisition to enhance its standing in the industry. DYOR. (I am a small private investor in CRL)

Has anyone else noticed the recent trend of the SP being controlled by algobots? Price movements appear to be affected by automatic transactions of minuscule volumes. Hopefully the half-year results due on 7 August will enable the SP to re-position itself on an investment basis, rather than by computer manipulation. DYOR

The presentation made on 28.6.17 is well worth watching for any potential / current investor. This is no run-of-the-mill beauty care manufacturer, but an impressive well-run branding business. Customer base is includes a broad spectrum of high profile clients, none of whom account for more than 10% of total revenue.Last year's results to March 17 showed a much-increased operating profit of £1.5m, which added £1.2m of cash to its balance sheet. CRL currently has an order book of £8m+ (almost double the amount at the same time in the previous year). Shares tightly held by Directors (29.5%) - hence volatile movement on fairly small trades. Clearly the shares are operating under the radar, but not for long, IMOH. With a market cap of £21m - appears somewhat undervalued - DYOR.

Hi piworld - yes, I also linked onto the video presentation a couple of months back and was truly impressed with CRL and its management. Subsequently made a significant investment at that time. Definitely a share which trading below the radar. If I had to be a tiny bit critical of the RNS, I would like to have seen a little more info as to future prospects. GLA

If as you say, the share buy back scheme only furthers the long term interests of the Directors, surely the Company should be disclosing to shareholders which Directors are benefiting, as and when Liberum repurchase these shares.

Follow up - whilst the repurchased shares have been classed as non-voting 'treasury shares', it is not clear whether they carry dividend rights. Any thoughts?...

Thanks for putting me right Monty888. If they're not cancelling the shares, I feel the Company has an obligation to explain to shareholders its rationale on this strategy and who actually benefits from the buy backprogramme. If they are to be held on Treasury, then presumably future divis are still paid on these shares and the money just gets moved into another of the Company's bank accounts. I suppose these shares could also be used as consideration to make a future acquisition??

Extract from RNS "...The buy-back programme, the purpose of which is to reduce the capital of the Company,..." Usually this means that once shares are re-purchased, they are duly cancelled by the Company. This reduces the number of shares in issue and increases the "earnings per share".