Member Info for Raleigh

Understandable, and not entirely unforeseen. 'The Directors consider that it is in the best interests of the Company as a public quoted company to have a more manageable number of issued ordinary shares and to have a higher share price' The decision was taken by those who have most to gain or lose.

In this digital age electronic document storage is probably essential, and mobile would need to at least access a useful level of stored data, so the two would seem to go together.

Thankyou. The price has drifted - but none of that information has seen an RNS. It will feature when results are published. I understand Australia is years behind the UK/ROI social housing market, with their equivalent of housing associations in it's infancy, and Castleton is well-placed to take advantage of growth. I know there are competitors, Civica and the like, yet I sense they are not quite as focused on associations as Castleton, and the Castleton model has succeeded despite their competition in the UK. The initial inroads in Australia with Castleton products, are, as we suspected they would be, through the mobile system. And the Deeplake Australian customers can now come into play.

The price has drifted, but that is not unusual and provides opportunities for those who take a positive view of the company, bearing in mind there has been nothing other than what can be considered favourable reporting. The future price level will depend upon the figures, and in that respect the pointers are to improvement when the company next reports.

We shall have to wait as usual for any notification, either way. But I prefer to see a wide range of institutional support. As long as the company is performing, that aspect will hopefully take care of itself. On the matter of buy and build you mention one can put the partnerships, as with Glantus and PIMSS, alongside the acquisitions, as they enhance the Castleton offering, albeit also to the partner's benefit.

Touching on your last, my understanding is that Deeplake has Australian customers, The four key staff only are coming with the rather legacy technology, and the product will now have Castleton's developers and additional marketing clout behind it as it is assimilated easily into the Castleton full suite of fully integrated products.

Thankyou for the updates. All the developments mentioned recently have made no difference to the share price. But they go to strengthening Castleton's position in the marketplace as a mature and comprehensive supplier of fully integrated solutions, increasing its ability to successfully tender for future contracts. The company will still be implementing the previously agreed contracts ( the contracted backlog mentioned in November ) alongside creating the future cumulative revenue streams, giving steadily improving forward visibility of earnings. I prefer to be cautious, but Castleton and FinnCap show confidence, and so on the face of it there is no reason to believe market expectations will not be achieved, or that the 133p LTIP target for next financial year will not be met - that will depend on the figures.

I am hoping that the growing strength of the company and healthy cash conversion will draw more institutions, perhaps helped by the small 1% increasing forecast dividend alongside capital growth.Nigel WRAY bought at 101.5, raising his holding from 7% to 13%. More recently FIL made their first notification at 5.43%. In the interest of a balance, Kestrel have reduced to 17.75%, but they fluctuate, trading at different levels, have been buying at 102p, and it is still a healthy holding. There is a firm institutional base, but it can be improved. Company brokers should be working on that, and FinnCap, though housebrokers, seem particularly bullish, leading me to the conclusion that Castleton will release a year end revenue figure at the top end of FinnCap forecast. I speculate that there may be some increasing institutional interest as the financial year approaches closure.

IT was a 'late' RNS but nevertheless in my view a somewhat disappointing and surprising lack of response. Commentators may yet pick up on it. But it remains a useful acquisition in enhancing and consolidating Castleton's marketing position

I was interested to see to see what effect the 7am loan note RNS might have on today's trading for the two companies involved. But investors are unpersuaded - those aware and who might have an interest have neither bought in, added or sold, as far as I can currently see. They stick. I have no idea how the Ide saga will turn out, and no opinion save to say that MXCP will have plans consistent with their in depth knowledge of Ide affairs. I had hoped they would by now have informed us of progress with the vaunted buy and build partnership with major partners Liberty Global, but that is not the case, and I continue to hold in anticipation.

A 'late' acquisition notification to the market. Deeplake is said to be a market leader in the field, so a continuation of the acquisitions of 'best in breed' solutions, this time focusing on the communication between associations and their tenants, seen as paramount in the services provided by Castleton Customers. Slowly but surely Castleton is tightening its grip on the social housing market - another one for the one stop shop. It is also proof of board confidence that the company continues to spend on growth plans, whilst promising the start of a progressive dividend for this full year.

Thank you. They are house brokers but ' a year to excel' is even so strong language. The LTIP target of 133p for financial year starting April was not plucked out of the air either. As I have frequently stated, if all goes to plan Castleton's traction in a solid market, with proven and innovative integrated solutions, should accelerate with the new referenceability over the next full period.

The full revenue from the Connect contract is for the future, though there will be set up fees, but put in perspective the one contract amounts to a healthy 1.1% increase over last full year figures.
The Cluid go live demonstrates the effectiveness of Castleton's implementation of a fully integrated complete suite, a process which I understand can sometimes be a difficult one, and adds to referenceability when tendering for contracts. There are, it appears, more full product suite implementations under way - "and we look forward to delivering this to other clients in the period ahead."
Continuing sales of the same proven products and services, as has been said, whilst keeping them updated and bringing new products to market.

The various acquisitions bought in the already successful solutions in the UK and Australia - the one stop shop, with business in those geographies and the Irish Republic. Integrating those solutions on mobile was key. Development work in-house and expansion into India has taken that further and Castleton is now tailoring the packages to individual need, and bringing new products quickly to market. They are now compatible with competitors software facilitating easier and piecemeal changeover. Something for everybody. The intended trend to private cloud in Managed Services seems to be gaining traction, saving associations the cost of infrastructure coupled with 'easy' payments, and increasing Castleton profitability. Taking into account existing backlog in both Software and Managed Services reported in November and implementation time on new customers/products, Castleton are working towards bringing new cumulative revenue streams onboard next financial year, with £600k a year licence fees dropping away this current financial year with nothing extra to pay for the ongoing full housing sector licence and the company will then be able to attack FinnCap's 125p ( from last June ) and senior managers' LTIP 133p targets for next financial year, raise the EPS, and progress the dividend then being paid. Longer term achievable aspirations, and usual caveats apply.

We all theorise from time to time. But with established Castleton the reality is that the working share price will ultimately depend upon the published results. As I have said before, it is in that context that I believe next year will prove particularly beneficial, consequent upon reduced outgoings, and the benefits of the recent, and now forthcoming products, and managed services strategy flowing through into the accounts.

This is a substantive new development beyond paid collaboration, impacting on the company structure, it's ability to develop new and update existing products, and the speed with which they can be brought to market. I am bemused that in the company's view it does not warrant specific notification to shareholders. Like them, I look forward to seeing the results flow through ( and into the accounts ) - "We are all very excited about this expansion of our business and look forward to forthcoming projects already in the pipeline.”

Mxcp website.

From Castleton website Nigel WRAY had 416490917 shares on 22nd. November. He has therefore added 20935908 shares - so there are others who took shares up, and the seller is so far unidentified ( Cannacord?) Clearance of a persistent current seller will allow the price to move up unhindered in due course.

Today may have shifted a sizeable chunk of Cannacord shares. Perhaps the transactions will be claimed by RNS. Whatever we may be told, it is good news for shareholders.

Stating the obvious there is interest in the potential here, but a seller has held things back. Possibly Cannacord. In my opinion this could quickly start to turn if Zeus could find an institutional buyer to take on their shares. As it is, and in the absence of positive news and now below the 'tip' price, the lower ask may assist a little.