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Morning, good day yesterday and some good buying.
Yep, remember it well. I also remember who quickly we multibagged but with us having £21.5 mill cash here I expect quite a few multibaggers from here.
Morning, Some great posts yesterday and some familiar faces from the early days in CTP. DuckDodgers, Good to see you here, remember you from the early day on CTP s when Jack/Jim was posting. As pointed out yesterday, this is the ground floor of the Burj Khalifa. The parallels between this and CTP from 18 months ago is there to see but as pointed out by chompsky this is the juiced up version. With £21.5 mill in cash it's safe to say that this will be a flyer on the news of the first acquisition.
Spot on, the big money will continue to pile in now as it's very clear that news will be here soon. Nice little heads up from Dobbie on Friday when you consider that he didn't need too say any such thing in the rns. A nod and a wink is good enough for me
some very chunky delayed trades showing up after hours. News very close now.
Morning castle Holdings rns yesterday confirms that orders are being filled at these levels before news. Still a great chance to get in on the ground floor whilst the MM old this back to fill orders. Only 12 to 15 mill in stock available which means this will move on news. £21 mill in cash means a huge deal is on the cards.
Another good day today and stake building going on too. Looks like it might be more than just one building a stake here.
That's the news we wanted as it will finally allow the breaks to come off as the market fears are extinguished. even them kicking the can down the road for 6 months is great news for us.
Good news on Greece as they are almost over the line witha deal. Greece has submitted 11th-hour concessions to its creditors ahead of a crucial day of talks aimed at preventing it from crashing out of the eurozone. It proposal followed a hectic round of telephone diplomacy on Sunday between Germany’s chancellor, Angela Merkel, the French president, Francois Hollande, and the European Commission president, Jean-Claude Juncker. Juncker’s head of cabinet, Martin Selmayr, said the Athens proposal offered “a good basis for progress”, though he described the negotiations as a “forceps delivery”, underscoring the exertions to prevent Greece leaving the eurozone. It was not immediately clear how far the Greek plan met its creditors’ demands for spending cuts and welfare reforms. Negotiators are promising debt relief for Greece, which has seen its economy shrink by one quarter since the crisis began, but officials have stressed that a breakthrough will depend on a positive response from the Greek prime minister, Alexis Tsipras. Greece’s international creditors are looking at a deal that would extend the country’s bailout by six months and supply up to €18bn (£12.9bn) in rescue funds.
Morning, Looking forwards to another good week and a bit closer to news now.
Rocka999 has been in CTP since the jimarth days and latterly MXCP. Good to see both you chomsky and rocka999 here. It proves my thoughts on this one when I see investors who know what their doing on the board.
The move from CTP to MXCP meant I made 250% when the holders who sat still made approx 40% with CTP. All that means is by moving when the time is right you increase the size of your pot and you can make a huge difference to your personal wealth. This one has the same 12 to 18 months infront of in the same way CTP did. The difference is we at CSI have £21 million to start the game :)
They most certainly do. I would much rather be in at the bottom of one loaded with cash and ready to achieve 350% rather than sit and hold one which has reached it current potential. No point sitting hoping something can catapult it further when it's clear it needs a period of consolidation. I will keep my fingers crossed for you mate. AGM on the the 26th of June so from Monday the 29th it's game on but you may be OK if your cash comes in on time for you.
Morning
You are correct but the research always comes first. Can't jump into anything before your happy with what's on offer and I feel this one will be the best yet. With MXC calling the shots along side Kestrel and all that cash it's a complete no brainer. This is the ground floor and by this time next week it will really start to move. The AGM on the 26th of June and from there on it's time for this to click into gear. Everything is in place.
Excellent post and I agree with it all. Some people get too attached to a stock and will sit tight waiting on 20 or 30% for 6 to 12 months rather than move with the trends. The first 6 months in CTP it done over 100% but for that to happen now when they have only just had a placing to raise working capital etc is bonkers. It's a great stock and a stock that will do well but the acquisition period that we all enjoyed is over and they need time to consolidate. CSI is now on the starting blocks and going on the the very same run with the very same guys calling the shots. The only difference is CSI have 7 times as much cash as CTP did 18 months ago. It doesn't take a rocket scientist to know that £21 mill buys you a lot more shareholder value than £3 mill and two placings. If MXC can get CTP to do 350% in the space of 18 months with £3 mill in cash and two placings then what can they do with £21 and no need for placings? Think about it...CTP done 350% with £3 mill in cash, 2 placings and that meant a lot of dilution was involved along the way. CSI is in a different league all together. £21 in cash and with the Little British Battlers having just finished and 365Agile needing a new home there is a fountain of wealth to be had with this.
The games no even started here so maintaining the accent I guaranteed from here. Yes, there will be peaks and troughs but this will be a star performer. I think this one could surpass what CTP done and return between 300-500% over this next 12 months. I'm just glad that with the multibaggers from CTP and MXCP I had enough to get a really large holding which means a chance to move in to the big league for me. No more £100k investments for watered down returns, in heavy and out even heavier. 12 months is more than enough to achieve that imo. I have £250k in here and I expect to see it reach seven figures within 12 - 18 months.
I can appreciate that and we all have different risk/reward ratio. My point was CSI is at the bottom of a growth trajectory which could be quite sensational compared to what we seen with CTP when you consider they start at the bottom with 7 times more cash and the same team of people working on the game plan. For MXCP to do 100% you're looking at a £200 mcap and although one day that may well happen it's not quite ready for such a leap. With regards to the £30 mill I agree it's nice to have the options that provides but it's priced in now and with 3.1 billion shares in circulation after the holdings acquisition they will have to consolidate the shares in circulation. So maybe a 10.1 consolidation which would give lift MXCP out of this penny stock range. Imo like CTP and MXCP..... CSI will do between 300% and 500% over the coming year and as much as I admire the points you have made I have no emotional attachment what so ever to any stock and go where the money is. CSI has all the growth in front without getting toppy any time soon. CTP needs to consolidate after the broker note gave it's 3.7p target..that's only 20% from today price and MXCP at 5p is only 25% from todays price, so based on that you can see why CSI could do a 100% and still be cheap. These are the reasons I have moved on and I share my thoughts with you as a respected BB poster who I have enjoyed chatting with over the last while. Good luck and I hope we cross paths again.
Chairman of Castle Street Investments plc, said: “As stated in our December 2014 circular, the Company has now transitioned from an online dating company into a well capitalised investment vehicle. We are beginning to review selective opportunities that meet our investment criteria, and are considering. Fast forward 6 months, exactly in the same way it was done with CTP and the time is now here to get this show on the road. 7 times more cash than CTP had 18 months ago when they started out. CTP now have a Mcap of over £40 mill. CSI will go on to a £100 mill Mcap within months.
Make room for the dentist :) Free check ups for all investors of CSI. Lots of speculation surrounding the acquisition of 365Agile. makes sense to me but we will have to wait and see. I sure hope it's 365Agile as the IOT is a huge market and as first movers in that space within the housing sector and beyond this could be a really exciting share to be invested in. 26th of june should see us closer to news.