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Coffee Heaven - A heavenly share for penny punters ? (COH)     

overgrowth - 06 Oct 2003 22:47

underground01_2.jpgA 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.’

Chart.aspx?Provider=Intra&Code=COH&Size=Chart.aspx?Provider=EODIntra&Code=COH&Si

cynic - 27 Jun 2007 20:41 - 1396 of 2037

time to shut up 10B ..... sorry, but you really do get monotonous after a while

AdieH - 27 Jun 2007 20:42 - 1397 of 2037

ptholden I would not bother engaging this person in debate, I rather suspect he is losing the plot, he has a problem with Richard Worthington and that is it and any other comments are steming from this issue. Would suggest you Squelch him also as he will just keep trying to destroy this board. If he cannot see the benefit of investing in COH then that is his perogative but he brings nothing to this board so squelch him. Regards.

David10B - 27 Jun 2007 21:08 - 1398 of 2037

I know cynic no need to apologise.

It just that I realise that many a star has made the fatal mistake of not responding to their fans.

And I honestly believe that its important that potential investors are aware of the CEO of COH failures in the UK.

If we are to be enlightened investors, then surely enlightened we must be.

And my aimiable friend, the only thing enlightenment every destroyed was pure ignorance----was it not?
?

ptholden - 27 Jun 2007 21:13 - 1399 of 2037

Adie

There is an advantage sometimes in engaging certain people in debate and sometimes not. On this occasion David10B has amply demonstrated his ample ignornace and has shown that rather than engage in sensible debate is quite frankly full of shit. By exposing their spurious arguments it helps maintain a balanced thread, rather than leaving the 'field' to their idiocy. You don't really have to worry about what this pillock posts, even the greenest newbie is popping ribs, splitting his sides with laughter.

David10B

I think you will find it was you who was more engaged in the principle than I. The other day was actually 16 months ago! I asked you to illustrate the 'other day' and you came up with a historical fact; as Cynic says, 'time to shut up'. Talk about grasping at straws! You don't really have to work hard at making yourself look stupid do you? Comes naturally - LoL

Cue 'Ian, they are been rude to me, I want to complain' screeched in a high nasal, whining, nasal voice, accompanied by dummy being spat out and a high pitched wail.

pth

ptholden - 27 Jun 2007 21:18 - 1400 of 2037

'It just that I realise that many a star has made the fatal mistake of not responding to their fans'

See what I mean Adie, he's a laughing stock. Delusions of grandeur abound. What he doesn't seem to realise is that everyone on this Board orignailly thought he was a total pratt, and with comments like this everyone now KNOWS he's a complete pratt. You really couldn't make it up. Great entertainement value, if nothing else.

pth

David10B - 27 Jun 2007 22:25 - 1401 of 2037

Whatever entertains you chaps it bothers me not as it still does not alter the fact that Don Millars failed and BKE under Mr Worthingtin seemingly exists just to provide pay for the board of directors.

With so many small shareholders being seen as rip off fodder these days--- THERE IS AN OBVIOUS NEED TO QUESTION IF MR WORTHINGTON WOULD DO THE SAME AT COH

OH yes bye the way it was Mr Hurford of Fishponds that ran to IAN first not I., as you can be as nasty to me in as much quantity as you think may alter the facts.

Good night fans!

AdieH - 27 Jun 2007 22:28 - 1402 of 2037

I can't see his response as i've squelched him, I gave him ample opportunity to respond in civil manner but he personally attacked RW without foundation. Ian is monitoring the and hope he will take the correct action at some point. I realised a while ago that this bloke is a complete prat and his only agenda is to ruin this thread. Lets just get back to COH please... Regards.

beemer2 - 27 Jun 2007 22:45 - 1403 of 2037

MY 40P+ PREDICTION GETTING CLOSER BY THE DAY...

bmw325

David10B - 28 Jun 2007 09:44 - 1404 of 2037

Good morning Gentlemen.

AdieH please get it right, I dont mind you shooting the messenger but please use a gun and not a dagger in the back.

There is nothing uncivil in my posts, but the truth hurts.

There is no attatck on RW as you continually claim!

What I state is just a plain simple and honest assessment of the facts suurrounding his failure at BKE and subsequent pillage of company assests/ funds which incidentally continues to this day in the form of wages to inactive and inappropriate company officiers who are certaiting acting more for themselves than the sharesholders' rights.

Let me put it another way you claim I have no foundation to critiscise RW then you tell this BB what other FD would allow the outflow of salaries for no returns to shareholders funds and assets?--NAME ME JUST ONE.

I do not set out to run this thread, you were doing a thoroughly eramping good old job before I cam---I SET OUT TO BRING AND ENLIGHTENED BALANCE---presnted in the most civilised of manners.

Prat or not Don Millars failed under Worthington and BKE is being run for the benifit of the directors' wage packets and not shareholders interests, and with a barrage of excuses for a poor performace while PLC s such as CARL forge powerfully ahead.

DO HAVE A REALLY NICE DAY---I WILL

beemer2 - 28 Jun 2007 09:59 - 1405 of 2037

Tenby

Nearly at 40p...once again you have got it wrong, it makes me wonder how you make money in this game.

beemer2 - 28 Jun 2007 10:06 - 1406 of 2037

AdieH

Beginning to look very intersting on BKE...

David10B - 28 Jun 2007 10:10 - 1407 of 2037

It may well hit 40p or go even higher!

I wish it would as it will allow those stuck in at 50p to get out.

Unless COH comes in with a massive upturn in NETT profits, my position on the company remains the same, ie at today's prices you will be paying 39p for something worth around 6p.

If you and others are happy to do that then good luck to you all.

If you want a dog share with a slim chance of recovery which could go bust or up, buy a few LNX at least here you can see the bang coming if it comes.

AdieH - 28 Jun 2007 10:29 - 1408 of 2037

I will have a look... .75p up today on COH and some nice buys going through looks like 40p maybe here this week. Regards.

David10B - 28 Jun 2007 10:34 - 1409 of 2037

But dont forget that even though I have a fair slab of LNX I will be the first to openly critiscise the company, and its new CHAIRMAN IT THEY DONT DO WHATS BEST FOR THE SHAREHOLDERS----AS THIS IS ONE FOR THE VERY BRAVE WHO LIKE TO ODD RISK..

beemer2 - 28 Jun 2007 16:27 - 1410 of 2037

Tenby

Anybody who takes you seriously needs their heads examined.

David10B - 28 Jun 2007 16:45 - 1411 of 2037

More fingers to be burnt I see.

beemer2 - 28 Jun 2007 16:49 - 1412 of 2037

Tenby

The only fingers getting burnt are yours...LOL.

beemer2 - 28 Jun 2007 16:51 - 1413 of 2037

50p+ now on the horizon.

Announcement from the company weeks away.

David10B - 28 Jun 2007 17:22 - 1414 of 2037

still does not alter the fact that you would be paying the price for something worth 6p----and if the going gets tough will the CEO sell out to line his pockets as he did before.

Answer me that one if you can?

beemer2 - 28 Jun 2007 17:59 - 1415 of 2037

Tenby

Time to wise up and take your head out of the sand.

Massive buys just before announcements means lots of BLUE.
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