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Coffee Heaven - A heavenly share for penny punters ? (COH)
overgrowth
- 06 Oct 2003 22:47
 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.’ |
David10B
- 10 Jul 2007 21:54
- 1731 of 2037
OK fair point so What is the nett profit per store.
Simple question for you
Simple question for you
ptholden
- 10 Jul 2007 22:01
- 1732 of 2037
Thrush, I can see you have posted, possibly in response to my own thoughts. Now do remember you are in the squelch bin, so although I can see you have posted from the thread list, mercifully your uneducated ramblings are once again hidden from my sensitive eyes. I will take you out of the bin though when you get your next bollocking from AM, which I doubt will take very long. LoL
David10B
- 10 Jul 2007 22:13
- 1733 of 2037
Well I guess you will have to tell me then, because as I see it we have been given EPS at .3p.
There are currently 116.38 m shares in issue, this gives us anticipated pre tax profits of 349140 between 67 stores which is an average gross profit of 5211 per store.
As I stated above: If we have 4 million in operating cost for 6 months, then it safe to assume 8 million for 12 months to run 67 stores, that equates to 11,940 runing costs for each store, per annum.
From these figures you can clearly see that COH is losing money, which has been my contention all along, and hense the cash burn mentioned above and the deficiency bewteen what is now in the bank and the shareholders' funds called upon.
Even if I am out on a plus or minus scale its still not a very healthy company to risk an investment in, as its just not making the money.
What you are not understanding is that things to the locals out there ,cost a hell of a lot less than here. Mr Worthington seems to be valuing things on UK prices---SNACK ATTACK proved him to be ----well extravagant at best.
Dont fret on it too much, just have a nice relaxing evening.
There are currently 116.38 m shares in issue, this gives us anticipated pre tax profits of 349140 between 67 stores which is an average gross profit of 5211 per store.
As I stated above: If we have 4 million in operating cost for 6 months, then it safe to assume 8 million for 12 months to run 67 stores, that equates to 11,940 runing costs for each store, per annum.
From these figures you can clearly see that COH is losing money, which has been my contention all along, and hense the cash burn mentioned above and the deficiency bewteen what is now in the bank and the shareholders' funds called upon.
Even if I am out on a plus or minus scale its still not a very healthy company to risk an investment in, as its just not making the money.
What you are not understanding is that things to the locals out there ,cost a hell of a lot less than here. Mr Worthington seems to be valuing things on UK prices---SNACK ATTACK proved him to be ----well extravagant at best.
Dont fret on it too much, just have a nice relaxing evening.
AdieH
- 10 Jul 2007 22:33
- 1734 of 2037
But there is no cash burn look at the financials your analysis is flawed... I am not fretting far from it as stated numerous times and for the last time as Ian has asked to move on I personally have top sliced showing 200% profit... END OF...
ptholden
- 10 Jul 2007 22:48
- 1735 of 2037
Adie, my argument is not with you but rather dispelling the lies and disinformation from the resident loon. Seems that the figures are quite straightforward; COH had 6M they now have 5.3M. Rather than categorising the reduction as 'cash burn' perhaps investment in infrastructure would have been a more appropriate phrase. However, well done on your return :)
pth
pth
David10B
- 11 Jul 2007 08:18
- 1736 of 2037
Come on gentlemen you want an indepth discussion pick up the points I have made and show me where I have got it wrong.
I am bg enough to stand corrected---are you?
I am bg enough to stand corrected---are you?
AdieH
- 11 Jul 2007 08:24
- 1737 of 2037
No probl ptholden, no issues with you or your postings as I say its good to get differing points of views... Regards.
trigger45 - 11 Jul 2007 08:25 - 1738 of 2037
Ok David here are the facts.
You have stated that COH are worth 6p a share. You have also stated that you are here to champion the effect of the rampers.
You really do need to sit back and let the share price do the talking.
Until the share price drops to that amount you have nothing much else to say.
You have made your point, and I will be amazed if your not banned shortly.
If you are allowed to continue to post as you do, I will seriously consider not renewing my subscription to shares magazine as it really is getting a joke now.
You have stated that COH are worth 6p a share. You have also stated that you are here to champion the effect of the rampers.
You really do need to sit back and let the share price do the talking.
Until the share price drops to that amount you have nothing much else to say.
You have made your point, and I will be amazed if your not banned shortly.
If you are allowed to continue to post as you do, I will seriously consider not renewing my subscription to shares magazine as it really is getting a joke now.
David10B
- 11 Jul 2007 08:32
- 1739 of 2037
On the contrary Trigger.
Firstly I think it was proteous who gave the NAV at 6p
I have countered the reasoning put forward and given my calculations.
I have asks the board menebrer here with a interest in COH to scrutinize my interpretation of the NUMIS NOTE and tell me where I have got it wrong.
Now if you cant do that what is the point of having a BB.
And If I get banned for expressing my concerns and asking for guidance---then perhaps this BB is below me.
So if you want an intelligent discussion please give me an answer.
Firstly I think it was proteous who gave the NAV at 6p
I have countered the reasoning put forward and given my calculations.
I have asks the board menebrer here with a interest in COH to scrutinize my interpretation of the NUMIS NOTE and tell me where I have got it wrong.
Now if you cant do that what is the point of having a BB.
And If I get banned for expressing my concerns and asking for guidance---then perhaps this BB is below me.
So if you want an intelligent discussion please give me an answer.
trigger45 - 11 Jul 2007 08:43 - 1740 of 2037
Ok David if you want an intelligent dissiccussion, I think we need to answer a couple of question don't you?
You have stated many, many times that you never invested in BKE. I have no reason to disbelieve you.
You have also stated that you have never invested in COH, as far as I'm aware.
Could you also clarify that you have never invested in any company that RW has been involved with.
As I assume you will say no, let me then ask how your interest in RW came about?
You have stated many, many times that you never invested in BKE. I have no reason to disbelieve you.
You have also stated that you have never invested in COH, as far as I'm aware.
Could you also clarify that you have never invested in any company that RW has been involved with.
As I assume you will say no, let me then ask how your interest in RW came about?
trigger45 - 11 Jul 2007 08:47 - 1741 of 2037
Sorry to butt in again, and hopefully you will be man enough to admit you think COH are worth 6p a share.
It would be such a pain to trawl though all these pointlest posts to prove you wrong.
It would be such a pain to trawl though all these pointlest posts to prove you wrong.
David10B
- 11 Jul 2007 08:57
- 1742 of 2037
I have never invested in BKE or COH.
I was looking at COH as it was all the rage on the BBs and the share club that I use to be in in Manchester had and interest.
It was AdieH's persistent ramping here that caused me to look further.
I found there was no way this share would go to 1 as he kept saying and I said so.
However the more I looked the less uncertan this company become and the more I found to question the management style.
But that now must be water under the bridge as I am all for harmony and pure stock discussions. I have taken the brunt of insults but to me they are water off the old duck's back.
So if ADIEH, Pithy and any others, including your kind self or even IAN of MoneyAM, would care to enlighten me on where my deductions are flawed. I will be an intentise listener----and if I got it wrong I am fully prepared to stand corrected---which of course if I m means that I will more than fully apologise forthwith.
Therefore please give me the facts and kindly offer me the education in this field that you feel I am so badly lacking.
Thank you and have a great day.
I was looking at COH as it was all the rage on the BBs and the share club that I use to be in in Manchester had and interest.
It was AdieH's persistent ramping here that caused me to look further.
I found there was no way this share would go to 1 as he kept saying and I said so.
However the more I looked the less uncertan this company become and the more I found to question the management style.
But that now must be water under the bridge as I am all for harmony and pure stock discussions. I have taken the brunt of insults but to me they are water off the old duck's back.
So if ADIEH, Pithy and any others, including your kind self or even IAN of MoneyAM, would care to enlighten me on where my deductions are flawed. I will be an intentise listener----and if I got it wrong I am fully prepared to stand corrected---which of course if I m means that I will more than fully apologise forthwith.
Therefore please give me the facts and kindly offer me the education in this field that you feel I am so badly lacking.
Thank you and have a great day.
AdieH
- 11 Jul 2007 09:04
- 1743 of 2037
I have never ramped COH, look at the history of my posts, I hold COH so why would I be negative on it... I am in COH to make more money.
Stop bringing me into this discussion, IanT please monitor as I am trying to stay away from this conversation and I don't appreciate being slated on this bulletin board...
Regards
Stop bringing me into this discussion, IanT please monitor as I am trying to stay away from this conversation and I don't appreciate being slated on this bulletin board...
Regards
trigger45 - 11 Jul 2007 09:06 - 1744 of 2037
I'm just a holder who is positive on this one. You can trawl through every message I have ever posted and you will see no predictions from myself as to where I hope to see the share price move to.
I think you will find that the brokers note was posted as a positive sign for holders who may not have read it.
Can't remember any ramping of 1.00 a share following it. Correct me if I'm wrong.
I also think you said you would stop posting if punters didn't blatently ramp the share.
Has that now changed in that you want to question every single post that may be positive on COH?
I think you will find that the brokers note was posted as a positive sign for holders who may not have read it.
Can't remember any ramping of 1.00 a share following it. Correct me if I'm wrong.
I also think you said you would stop posting if punters didn't blatently ramp the share.
Has that now changed in that you want to question every single post that may be positive on COH?
trigger45 - 11 Jul 2007 09:09 - 1745 of 2037
AdieH
I know I should ignore, but it just gets silly. As far as I'm aware I don't think you have ever posted that COH will be a 1.00.
I stand corrected if I'm wrong.
I know I should ignore, but it just gets silly. As far as I'm aware I don't think you have ever posted that COH will be a 1.00.
I stand corrected if I'm wrong.
David10B
- 11 Jul 2007 09:09
- 1746 of 2037
AdieH PLEASE STOP!
YOU STATED HERE "COH A POUND WITHIN A YEAR"
IT WAS AROUND MAY 2007AND THE LAST POST OF YOURS, I BELIEVE, BEFORE I STARTED POSTING.
PLEASE LETS HAVE IT RIGHT----AND MOVE ON.
I REALLY WILL NOT HAVE A DIALOGUE WITH YOU, BUT I RESERVE THE RIGHT TO REFERNCE YOUR POSTS.
IF YOU WANT TO BE CONSTRUSTIVE, YOU CAN, AT ARMS LENGTH, ANSWER MY REQUEST FOR ENLIGHTENMENT ON MY UNDERSTANDING OF THE NUMIS NOTE
YOU STATED HERE "COH A POUND WITHIN A YEAR"
IT WAS AROUND MAY 2007AND THE LAST POST OF YOURS, I BELIEVE, BEFORE I STARTED POSTING.
PLEASE LETS HAVE IT RIGHT----AND MOVE ON.
I REALLY WILL NOT HAVE A DIALOGUE WITH YOU, BUT I RESERVE THE RIGHT TO REFERNCE YOUR POSTS.
IF YOU WANT TO BE CONSTRUSTIVE, YOU CAN, AT ARMS LENGTH, ANSWER MY REQUEST FOR ENLIGHTENMENT ON MY UNDERSTANDING OF THE NUMIS NOTE
trigger45 - 11 Jul 2007 09:11 - 1747 of 2037
Ok David you win. Last post for me. The board is yours to destroy at your leisure.
David10B
- 11 Jul 2007 09:15
- 1748 of 2037
But trigger cant you give me a striaght answer to my question that is all I ask.
And it was not you who stated COH would be a pound, it was AdieH IN MAY TAKE A LOOK.
Now I am asking for open and serious discussion on my interpretation of the Numis Note, why are both you and AdieH shying away from answering and talking about everything else?
And it was not you who stated COH would be a pound, it was AdieH IN MAY TAKE A LOOK.
Now I am asking for open and serious discussion on my interpretation of the Numis Note, why are both you and AdieH shying away from answering and talking about everything else?
David10B
- 11 Jul 2007 09:38
- 1749 of 2037
OK lets try again. I duplictate my post from last night.
Anyone up for a sensible discussion?
Here posted again is how I see it.
If I am wrong then please tell me where.
That cant be too difficult--or can it.
Well I guess you will have to tell me then, because as I see it we have been given EPS at .3p.
There are currently 116.38 m shares in issue, this gives us anticipated pre tax profits of 349140 between 67 stores which is an average gross profit of 5211 per store.
As I stated above: If we have 4 million in operating cost for 6 months, then it safe to assume 8 million for 12 months to run 67 stores, that equates to 11,940 runing costs for each store, per annum.
From these figures you can clearly see that COH is losing money, which has been my contention all along, and hense the cash burn mentioned above and the deficiency bewteen what is now in the bank and the shareholders' funds called upon.
Even if I am out on a plus or minus scale its still not a very healthy company to risk an investment in, as its just not making the money.
What you are not understanding is that things to the locals out there ,cost a hell of a lot less than here. Mr Worthington seems to be valuing things on UK prices---SNACK ATTACK proved him to be ----well extravagant at best.
Dont fret on it too much, just have a nice relaxing evening.
Anyone up for a sensible discussion?
Here posted again is how I see it.
If I am wrong then please tell me where.
That cant be too difficult--or can it.
Well I guess you will have to tell me then, because as I see it we have been given EPS at .3p.
There are currently 116.38 m shares in issue, this gives us anticipated pre tax profits of 349140 between 67 stores which is an average gross profit of 5211 per store.
As I stated above: If we have 4 million in operating cost for 6 months, then it safe to assume 8 million for 12 months to run 67 stores, that equates to 11,940 runing costs for each store, per annum.
From these figures you can clearly see that COH is losing money, which has been my contention all along, and hense the cash burn mentioned above and the deficiency bewteen what is now in the bank and the shareholders' funds called upon.
Even if I am out on a plus or minus scale its still not a very healthy company to risk an investment in, as its just not making the money.
What you are not understanding is that things to the locals out there ,cost a hell of a lot less than here. Mr Worthington seems to be valuing things on UK prices---SNACK ATTACK proved him to be ----well extravagant at best.
Dont fret on it too much, just have a nice relaxing evening.
Bluelady
- 11 Jul 2007 10:18
- 1750 of 2037
Just for the record I hold absolutely no COH shares and I have only been reading the thread recently because of the ongoing 'debate'. but as I looked at the postings for this 1 I came across something which puzzled me. I apologise if I have understood incorrectly as I haven't read every posting.....and probably will not either.
Yes, David 10Byou are perfectly correct in posting that AdieH said he had a target of 1 but he did qualify that was before he was going to sell. He also qualified by saying hopefully within a year. This can be verified on 03 Apr 2007 16:38 - 561 of 1747, COH was 1 as a target before he was going to sell. He also said on 04 May 2007 17:05 - 568 of 1747 Target of 1.00 for me and hopefully within the year...
However, what I have problems in understanding is you mentioned today you have never invested in COH.....
And yet on 05 May 2007 09:45 - 572 of 1747
Did a lol of research on this one and bought in at 15p to sell at 36p went to two AGMs but could never get a straight answer on Diggle investments one of my reasons for selling.
Now, I must admit I sometimes forget what I might say about a share in which I am invested. However, I would never forget that I have been invested in a particular share especially if it made me a profit. and I had been along to an AGM.
However, I might have misread that posting and you might have been talking about a totally different share. Please clarify.
Yes, David 10Byou are perfectly correct in posting that AdieH said he had a target of 1 but he did qualify that was before he was going to sell. He also qualified by saying hopefully within a year. This can be verified on 03 Apr 2007 16:38 - 561 of 1747, COH was 1 as a target before he was going to sell. He also said on 04 May 2007 17:05 - 568 of 1747 Target of 1.00 for me and hopefully within the year...
However, what I have problems in understanding is you mentioned today you have never invested in COH.....
And yet on 05 May 2007 09:45 - 572 of 1747
Did a lol of research on this one and bought in at 15p to sell at 36p went to two AGMs but could never get a straight answer on Diggle investments one of my reasons for selling.
Now, I must admit I sometimes forget what I might say about a share in which I am invested. However, I would never forget that I have been invested in a particular share especially if it made me a profit. and I had been along to an AGM.
However, I might have misread that posting and you might have been talking about a totally different share. Please clarify.
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