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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

David10B - 14 Jul 2007 10:17 - 1868 of 2037

Beemer you want me banned, ok thats your perogative.

That being so, please set out with good reason, and sound logic why you want me banned.

If such reasoning and logic from you stands up I will simply and quietly go.

Let me make it even easier for you, you can enlist the help of other posters here as well.

So that can't be too difficult a task for you and yours now cant it?.

But please be logical and well balanced, without the usual insults and profanities,

Have a nice day I am off on the Goldie.

cynic - 14 Jul 2007 10:18 - 1869 of 2037

10B - you state the obvious as did I! ...... for your personal enlightenment, you may care to read what i have just posted on the TA thread

David10B - 14 Jul 2007 10:47 - 1870 of 2037

hardly an outbust cynic just a mear statement of my feelings on stargazing, crystal balls, witchcraft and charting etc

I never said it was not useful, as for some it obviously is, however I appreciate you like a touch of drama.

Remember please that for each TA fanatic there is an opposite number with equally a strong views in Fundanmenta Analysys.

All things being, as they are all things to people who wish to use them.

I dont pretend to have any speical knowledge. but lean towards the fundamental approach as to me its more understandable and more importantenly I can make money with it.

good luck with your charting and good luck to those who throw darts as they sau that works well also.

In fact fact good luck with any stock picking methods you use if they work for you, then good on you mate.

David10B - 14 Jul 2007 12:34 - 1871 of 2037

Well beemer lets have it, what are your reasons for wanting me banned, you shout loud enough, but now try writing them down please.

I mean you are calling the shots here, and not I so its reasonable for me to ask----- lets see what you have to play with, apart that is from calling COH dead on and you having , as you do, a holding in that company.

I trust you can be a little more original and substantial, than that,

diver1 - 14 Jul 2007 12:50 - 1872 of 2037

.

David10B - 14 Jul 2007 14:29 - 1873 of 2037

oh Mr beemer2 what shall I do.

I had expected a diatribe-- just for me from you.

DOES THESE MEAN YOU WANT ME TO STAY---SEEING AS IT IS YOU REALLY HAVE NOTHING TO SAY.

OR SHALL WE SAVE YOUR FACE, CALL A TRUCE---AND LEAVE IT ALL FOR ANOTHER DAY?

trigger45 - 14 Jul 2007 17:25 - 1874 of 2037

Now I know this will be so difficult for you David, but this is not ramp. Got it, this is not a ramp. This is me posting a comment from Shares Magazine that happens to be positive. Now I know you don't like positive and COH in the same sentance, but I need you to try really hard and read through the statement and my comments again and again to ensure that there is no mention of a 1.00 by Christmas or any other outragous ramp in this post. Have you got that, no mention of 1.00 by Christmas etc etc.

You will of course accept why I have to discuss with you in this way as you well know your hatred of RW gets your blood pressure rising.

Your on a good run at the moment and must be really glowing with pride at having put all the other posters in their place, so don't go and spoil it at this stage by being silly.

Just remember THIS IS NOT A RAMP OR ATTEMPT TO SUCK NOVICE PUNTERS INTO THIS ONE.
Strong Coffeeheaven

A trading statement from
Coffeeheaven (COH:AIM),
Eastern Europes answer to
Starbucks, demonstrated
remarkable growth with
underlying sales up 21%. Sales
were especially strong in the
Czech Republic, up 28% on a
like-for-like basis. Total turnover
was up 54%. There should be
further expansion this year in the
Czech Republic. Richard Ratner
of Seymour Pierce is forecasting
sales of 14.5 million and profits
of 500,000, with an EPS of
0.4p. Relative strength is a good
62% over the last year and
shares currently trade at 41.25p.
Shares says: A A good long term buy.

David10B - 14 Jul 2007 17:32 - 1875 of 2037

Well done trigger and I accept your not ramping.

But why stop there, why not do a good and thorough job?

In Shares Mag there was also another page that said COH was High Risk.

I welcome your inptut, I really do, but its impact would have been greater if properly balanced.

Neverthelss 10/10 for effort.

And by the way I dont really care that much for any person to have emotions such as hatred. Emotions are a dead give away for weakness.

Have a really nice day.

trigger45 - 14 Jul 2007 18:07 - 1876 of 2037

You have a really nice day as well David of course. I do apologise that I missed the other page stating COH was high risk as I'm only reading the mag through the Internet as it's free for four weeks.
Having said that, it's not that easy to read through the online version as opposed to reading the magazine when it's in your hands.
I would of course offered both views had I been aware.
No hatred from me my friend, life is too short to harbour such negative thoughts.
Don't confuse hatred with me coming down to your level to communicate.
You have a really nice weekend and make sure you are up and ready for the debate come monday when the stock markets open.
Your fans are awaiting your advice.

David10B - 14 Jul 2007 18:35 - 1877 of 2037

Of course they do Trigger and its big of you to acknowledge the fact.

Please dont appologise for your oversight, we all do them, and its a pleasure to welcome you down, as here you cant fall off and the proud are very happy.

On Monday when the markets open, I am going for quite a decent sized sell off of COH, it will be interesting, if nothing else.

You too enjoy your weekend, we have a little something on at the pub tonight, should be fun.

trigger45 - 14 Jul 2007 18:53 - 1878 of 2037

I'm sure it will be fun David. Enjoy your night out and sleep tight.

cynic - 14 Jul 2007 19:10 - 1879 of 2037

the other side of Shares Mag appears on (their) page 22 headed Risky Plays with a final conclusion of Hold @ 40p with a stop-loss of 33.5p, which is a tad below where PT concluded support might finally come.

Can't be bothered to type up the whole, but the concluding sentence is as follows .....

"The PE is still incredibly high but shares could still be worth a punt as it (COH) is forecast to move into profit this year."

Scarcely a ringing endorsement, and I for one would not be at all tempted to buy especially as sp is dipping sharply in a generally strong market ..... watch out!

David10B - 14 Jul 2007 20:13 - 1880 of 2037

Well thanks for that cynic, really nice of you to continue your involvement in the on going debate.

Now that all said would you kindly like to tell me what all the fuss has been about, as this is more or less what I said in may and then given the uncertainty over the profits I said let the SP do the talking.

For that---well no need to disturb the lower realms of life, but do you think it was worth all the flying S%%t.

All the COH supporters had to do was simply to acknowledge the fact that other people can be right when they post and that other people add substance to what they say when asked to do, unlike the unashamed rampings of hoping for a pound etc etc.

There have been shamefull calls to have me banned for expressing a view I knew to be correct.

I suggest that Ian looks at the ADIEH and Beemer 2 posts and requests of these posters an explanation for their unfettered rampings, if there is no such explanation then perhaps there are, this time , solid grounds for a review of certain subscriptions.

But I would be happy for them to continue here as long as they have managed to learn something including good manners.

However that said, there is no doubt that their rampings could have cost some happless punter money, and that is serious stuff form which ever point of view one may be coming from

Time for the pub now so I will bid one and all a very good night..

Ultimate Cynic - 14 Jul 2007 20:39 - 1881 of 2037

cynic - I strongly endorse your post 1863.
Is it at all possible other posters will take note and act accordingly (squelch).
UC.

David10B - 14 Jul 2007 20:41 - 1882 of 2037

Squelch away my friend squelch away I am sure you will learn a lot hearing the things that you only want to hear,

David10B - 15 Jul 2007 17:56 - 1883 of 2037

I am wagering that COH will undoubtedly fall rather heavily in the morrow.

Should this assumption proven valid. I am left to wonder where AdieH, beemer2 and some others will place their unfounded rampings next, or if they will spare a thought for those supporters of theirs who listened to them bought COH at its highs, going on whay they said here.

I trust things have been learnt out of this debacle, primarily to DYOR and not to listen to a "lot of the c$$p" to be found on BBs.

Most posters have a hidden adgenda all over their own, some are genuine posters with a keen interest in seeing "all," yes all make money out of a greed driven and run ugly system.

To me share picking is fun or should be. I would like to see all have the moderate success that I have...but then thats me.

Adieh and Beener2, please if you must comment, answer the question of why you want to see me banned first please, then perhaps we can all enjoy your true perspective on both shares and life in general.

Have a great week, may it bring you all joy.

trigger45 - 16 Jul 2007 08:08 - 1884 of 2037

David could well be right that the share price may drop in a few minutes as the market is about to open.
The thing I believe that we are sticking on is that David believes that myself and others everytime we post are trying to draw hapless punters into a share that he feels is not far off worthless.
FWIW, I certainly don't feel COH is a buy at this moment in time and if I was clever enough to read the market I would have sold and bought back in at a cheaper price.
Having said that I feel they are still a long term hold with a view to buying more if appropriate at a later date.
It's all very well people saying squelch David if you don't agree with his thoughts, but if we do that he brings the thread to a holt.
David you have made a big issue of rampers on this thread, I think it is only fit and right if you want to carry on with this view you actually highlight the offending posts.
I still feel in the long term I will be rewarded with more profit than I am currently seeing, time will tell.

David10B - 16 Jul 2007 08:21 - 1885 of 2037

Good morning Trigger well take a look at beemer2's post where he persistently says it will rise and offers no reasoning.---then the price falls.

Hardly contrustive,. A what?

I regret but I don't find this as exciting as you do for the longer term either. The competition cometh in droves.

I believe that the tie up with Snack Attack, knowing as we do its value, is a warning sign that all is not well at COH.

AdieH - 16 Jul 2007 08:29 - 1886 of 2037

It will not bring the thread to a holt trigger it will stop the stuipd irresponsible banter that has been happening. It has been proven over the last six months that you cannot have a debate with this cretin and as IanT will not ban him then the best thing to do is sqelch. We all have our own investment criteria and for me its med/long term looking to utilise the tax breaks, that is my investment ploy and others have different ones my beef with David is that he is unstable, lies and tries to gleem glory on these boards, look at the many he posts on and the amount of posters he has upset. Enough said on the matter and I would suggest the squelch function is appropriate in his case... Regards.

trigger45 - 16 Jul 2007 08:39 - 1887 of 2037

It's all about opininions David. I respect your negative stance on this one although of course I don't agree with it.
What we need to do and I mean all of us is get back to trying to have an adult discussion about COH.
I hope you don't mind me saying, but I think you have made your view on RW pretty clear on this discussion, and we need to move on.
The evidence of your views on him are all here on the board for people to form their own opinion.
You feel very strongly about people posting buy buy buy with no reasoning. I can understand that, but lets make a clean slate, all of us be adult and start a proper discussion from today.
If anyone post a blatent ramp from today, I will actually back you up, but you also need to be fair and accept that if people have money in this one they are going to find any positive information and want to post it for fellow holders.
This has gone on too long now, and I really hope we can discuss this one in an adult fashion in the future.
Also good luck with your investments.
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