barnymam
- 04 May 2004 11:49
Chapelthorpe - well run - nice little div - potential seems good, whats the view on CPL ?
hangon
- 15 Mar 2007 11:29
- 13 of 15
Well, a 27% fall (to c.3.5p =mid.) looks like the Delight expressed by execs just a couple of years ago was a sure sign they weren't paying attention....IF the 1.1p dividend survives, this stock is yielding nearly 30% so I may buy on hope of a bounce - however, falls of this magnitude are usually a precursor to worse news so despite execs saying they hope for a positive yr profit I'm not sure why they are telling us now "things are bad folks"....if they are likely to be good in a few months....
No Sir, I suspect we shall see further "cuts" and maybe a few rolling heads would do wonders.....so I'm holding off until the fog is lifted...at least that way I avoid suspension and failures - had a few of those recently.
21p is so long ago - this is practically in the 90% club -but I notice there have been no posts for three years - that tells me "Folks have moved-on..."
Oh dear!
hangon
- 19 Mar 2007 11:31
- 14 of 15
I've changed my mind and believe there is Value here. . . . The Co has a very good business in the US supplying mats to the Auto industry - so whatever type of Motors those folks buy, they still need mats and similar. This business has a substantial turnover and whilst the /$ rate is going the wrong-way I see no reason CPL cannot invest that profit in the US, rather than suffer a poor exchange-rate. Before long the rate will swing the other way and then the profits can be brought home. They also have a connection with Nano-fibres, but I can't work-out what it is - even if it's commercial - that's based in Old Europe, I understand.
There is a worry about what amounts to a PW( recent Co. News) - but on the basis this is a cash-generating business at a bargain price I've taken the plunge. Markets tend to over-react, ...er, I hope.
THE time to buy is when the Value exceeds the Market Interpretation and they have good turnover potential even ignoring the umbrella-side - let's hope that's the case!
hangon
- 12 Jul 2008 14:40
- 15 of 15
A year and a bit later, and it's suffering from market woes and my suspicion that this co is doing very little to promote itself. Thefuture is dull, let's say - so I've changed my mind on prospects - mainly as a result of the CONsolidation.
CONSOLIDATION - 10:1 August 2007 - so that meant something like 30p was the equivalent. . . . DYOR. . . .
Now (July08), they're 17p - that's a further halving.
EDIT (Dec09), Up 25% on Dir buyingf about 1k's worth....even now 15p - Grief.