A busy day in the Warsaw Underground !

Not just another coffee shop chain - this one is a brand leader and is only trading in Eastern/Central Europe (i.e. the countries recently admitted to the EU destined for substantial business growth). The company is creating new outlets at a fair old pace and take a look at their website - these are quality stores in high-profile locations like major airports, railway stations etc. Website: http://www.coffeeheaven.eu.com

APRIL 2006 TRADING UPDATE!!! Total Gross Revenues for 12 months to 31st March up 66% to £6.3M (2005: £3.8M) Lots more info. on new markets and stores click here to read the full details. Stores: 43 (up from 32) stores currently trading (Poland: 30 (up from 23), Czech Republic: 6 (Up from 2), Latvia: 7 with a further 5 units under construction including Bulgaria and sites secured in Romania (subject contract). Bulgaria & Romania are seeking to join the EU from January 2007. Sites located in key high street, shopping malls or Airport locations. Company growth target: increase number of units by at least 20 units to some 63 units by 31 March 2007. Aim being to achieve this level of growth within present Cash resources.Cash balances at 31 March 2006 were approximately £2.9M (2005: £0.7M). Debt was nil (2005: £ 2.5M): Nil Debt! Positive EBITDA: For the year ending 31 March 2006, Group EBITDA expected to be firmly positive after charging UK and new market development costs but before exceptional costs relating to the cancellation of bonds (previous Debt). Forecasts: Based on present trading conditions and current exchange rates we anticipate indicative sales of £9.3M for the year to 31 March 2007. This includes indicative sales of £0.4M from Bulgaria, which will be reported but not consolidated. From Richard Worthington (Chairman and Chief Executive): ‘The new financial year has started well. There is no doubt that the significant economic improvement in our markets is feeding through to consumer confidence and spending. The strength of the coffeeheaven brand ensures we are ideally positioned to benefit from our customers' increasing prosperity.’

Wall street finsishes in fine fettle as confidence returns.

Monday should get us all back to work, yet my position remains the same on COH, no matter who, or what, rates it a buy.

Finally I really wish Mr BMW would mature or even just post something of substance.

Come now guy lets analyse stocks without letting our personal feelings rule, for however much you love your stock, it simply aint goning to love you back!

Although my analysis on COH was proven bang on, I dont mind the COH diehards getting disgruntled, maybe its all they have. Maybe they mortgaged to get in who knows but as I keep saying its a big boys game.

Big boys take the ups and downs beneath the sheets in their stride, so logically they should be quite able to manage the ups and downs of the stock market with a confident ease, without the need for "shooting off" at the mouth----should they not?

Says it all really, ptholden knows knowing of the company and I am guessing alot of people have taken shorts on COH, well I hope you burn in hell... LOL...

What a really silly comment over a grossly inflated SP.

So people have taken shorts--so what?

We are here to make money not to masturbate over PLCs.

Grow up AdieH please.

will this bickering ever stop....? sheeeeesh
FWIW David has called this one spot on from weeks ago, why slate him for it?

Thanks Big T

I trust you either made a bob or two, or saved one on my call as thats what its all about..

Have a great weekend.

INVESTEC AND NUMIS UPDATED THEIR FORCASTS THIS WEEK AND STILL RATE COH A "BUY".

1+ WTHIN TWLVE MONTHS.

Ok David. Lets try and put this rubbish to bed.

You have stated all along that you feel COH are a worthless company that are overvalued.

Fair play to you in that you have been spot on with your prediction.

What we need to do now is bring this thread back to normality.

How low do think COH will drop?

And would you consider buying at those levels?

Or do you feel COH are just worth nothing?

If you can answer these questions hopefully it will stop all the childish banter.

You will now have no need to post everyday, as everyone will know your stance.

Have a nice night if your not in bed.

He has runied this thread for everyone, I for one am deleting this from my favourites as the guy is fu..... prick and I don't care if banned as I'm off anyway... Good Luck to all as I believe COH will be 1.00 pluls in 18 months... David if you ever attend the AGM's please make yourself known...

trigger

You are dealing with a liar, believe me...he states in post 572 that he bought in at 15P and sold at 36p when fact he actually sold at 18P.

If you have done your homework on this individual you will know that one of his many alias's is jim_Bentley Davis and posts regularly acrooss the road and if you go back far enough you will find the proof that he jumped at 18P.

He use to hold BKE until it went belly up and he eventually sold at a massive loss and rightly or wrongly blames RW for this misfortune.

He has a bizarre hatred for RW, BKE,COH and will carry on this campaign until either COH goes tits up or until it is bought out.

Must give him credit where it is due though...he has f***** up every COH BB he has posted on.

There is an overhang of shares from the recent surprise sell off by major taking profits. These shares will be placed shortly and the sp will head North and even spike on the next interims as full year results from 2006 new locations come due.

With rising standard of living in Eastern Europe this share is bound to be a winner if not subject to takeover.

alan - a brave assumption that just because there is a "rising standard of living in Eastern Europe" that COH will be a winner ...... the share graveyard is littered with companies who have thought the grass was very much greener somewhere abroad and have caught bubonic plague ...... i am not saying you are wrong to hold these shares though i woulod not, but merely that the logic leading to your conclusion is flawed.

Good morning chaps.

Ok lets get the ball rolling with this post.

trigger45 - 09 Jun 2007 20:54 - 1222 of 1226
Ok David. Lets try and put this rubbish to bed.

You have stated all along that you feel COH are a worthless company that are overvalued.

Fair play to you in that you have been spot on with your prediction.

What we need to do now is bring this thread back to normality.

How low do think COH will drop?

And would you consider buying at those levels?

Or do you feel COH are just worth nothing?

If you can answer these questions hopefully it will stop all the childish banter.

You will now have no need to post everyday, as everyone will know your stance.

Have a nice night if your not in bed.

Right I called the share price right---so its not rubbish that I post.

Its not normal for people like BMW and AdieH to continue posting worthless ramps and then for them to get offended when someone puts them in their place with a proper evaluation of their share.

If you want a BB that is just full of worthless ramps then please listen to them.

When I top up tomorrow on on e share which I will give you info on later, after the price has moved up, you can decide if you want to listen to the pathetic ramping of ADIEh AND THE SICKO BMW---OR YOU WANT TO MAKE MONEY.

BBs are here to take the guts out of shares, pull them apart to see if they are worth your money's imput.

I asked you you all to do that with MLR----no one did, as you can't pull that one apart, but if you did you would find a great stock with a massive upside.

I may stand alone on COH as all these illustrious brokers are saying such wonderfull things about the company, just as AdieH has been doing for a few years-----why not ask those who bought in at 50p what they think today?

I feel that COH is probably worth around 6p a share on what little assets its has, leases bought at over valued highly inflated, "get in quick" prices.-

Just look at what "Snack Attack" paid for a whole profitable chain of stores.

So if you want to pay 32p for something worth 6p or less---then go ahead and buy them---sounds daft to me!

Next the management, Mr Worthingon has proved his worth, to me at least, in a number of ways:-

He dumped COH stock when it was high, knowing full well the effect on the share price.

Any reasonably good CEO would have known that a major shareholder, EMPIK, was about to dump-

I am prepaered to assume that Worthington knew the EMPIK dump was coming as they has been in uneasy talks for sometime over management policies.

WORTHINGTON STILL WENT AHEAD WITH THE FUND RAISING--to me a highly questionable excersise for which I have brought to the attention of the UK authorities.

I now think the market is aware of this and the SP is reacting, as would be expected.

Next as BMW continually makes a reference to BKE lets look at it. Before doing so let me make it clear I have never had a holding in BKE.

The share club I belong to has not either, but we did hold COH against my vote and got out at 36p under pressure from me.

Worthington cannot justify to hard pressed shareholders of BKE the retention of a very laconic Mr Bentley who appears to be getting 40 grand a year for doing nothing and is simply there hanging on for his pension.

If I am wrong then let Bentley's worth be proven!

Now look at the intellect behind his retention, any crediable FD, which of course Worthington is that of BKE, would put shareholder's interests before that of burnt out people like BENTLEY'S personal interests. And of course Worthington dumped his BKE shares, again leaving his shareholders high a dry.

BKE was once a profitable company that just lost motivated direction---if you dont believe me do your research, like me, and ask at the COOP, it was milked then and BKE is still being milked today and Worthington knows it.

Some say I have a personal grudge against Worthington, this is not so.

I have a personal grudge against people who take investors for a ride especially PLC officers--no more or less-its as simple as that.


Next as I have always said COH suffers from a poor management---clearly it has missed the boat and will be swamped with the new and old competition, yes it had all the opportunity to clean up and had a pile of shareholder's money just sitting in bank doing nothing instead of buying stores.

You mark my words the competition are there and growing, buying sites and already making money in the billion dollar coffee retailing market.---COH lost the plot as Worthington was quite happy to sit on shareholder's funds in the bank, which of course was making his Diggle Investments interest money.

And of course never forget that if it was not for shareholder's paying up on cash calls, COH would be bust by now unable to pay the interest on its Polish Bonds issued at way over a fair market price.

There is more I could write but let me sum it all up by frankly saying that I honestly believe that Mr Worthington is a opportunist who simply missed the boat.

Of course this annoys BMW and AdieH, but thats tough, as a PLC is just that--- a PUBLIC COMPANY AND APART FROM THE RULES OF THE LSE IS OPEN TO ALL INVESTIGATION AND WELL FOUNDED COMMENTS.

If as BMW states this is F&&&ing a BB up through giving it straight and making rooky investors fully aware, then may I keep on F%%%ing them up!

Or of course you could listen to the rampings of a very nasty pieace of work, Mr AdieH

Now to Mr BMW, please prove I sold COH at 18p and not 36p, that is if you want to add credibility to you insane postings. I never in fact held COH, my share club did.

But you are right about one thing:-

He has a bizarre hatred for inept PLC management such as in , BKE,COH and will carry on this campaign until either COH goes tits up or until it is bought out.

Have a really nice day.

10B .... i am sure your posts are actually rivetting and full of good stuff, but as in advertising, less is more ....... any chance of you learning to be succinct?

On this ocassion my friend I wanted to give a full and proper answer covering it all and leaving no room for misundertanding and now there is no need to make any futher comments---is there?

Tenby

We all know you sold your shareholding in COH for 18P per share and some time later you sold BKE at a massive loss.

Anybody who thinks otherwise is very stupid or very gullible.

Well lets see it on the table...come now prove your point!

Unless of course you want to look silly forever.

WE ALL KNOW WHO YOU ARE...BE A MAN AND STOP DENYING IT.

As in the post above, then why not put it on the table for all to see.

Unless of course you want to look silly forever.

Oh yes who is "all"

That sounds like an old washer woman's saying.

Over to you BMW dont keep the BB waiting please.

OK...ALL WHO POST ON THIS BB KNOW ALL YOUR OTHER ALIAS'S AND IF POSTERS BELIEVE YOUR DENIALS THEY ARE EITHER VERY STUPID OR VERY GULLIBLE.