i dont know if anyone knows or reads Chelford Thread...But results are going to be excellent!

I am watching this company with interest as i believe it may get written about in one of the shares mags before the results in few weeks. I have noticed with many co's looking to break into profit, the penny share quides and investor magazines pick up on it and recommend before the results or shortly afterwards, attracting a rise in price as their readers buy the shares and thus their tip is self fulfilling and they say that since tipped it's gone up so many percent. The p/e ratio may look attractive if profits come in over 1m but unsure if that's possible this time, but contracts are in pipeline and could pay off this yr, i think a reasonable target may be 5p. I may buy some next week, any clues as to likely profit????

me too topped with around another 300k shares at 2.47 with td waterhouse ... i thought it was a good price as i was happy to buy them at the quoted 2.6p .. the only reason i think of the shares dropping a bit today is that many were expecting an earlier date for the results. i.e mid-march so i assume people would have had to close some of the long t10 etc and look to open fresh opens to coincide with the date of results.

or it could be that some one knows the exact details of the results and perhaps they may not be as good as expected.

i personally believe in the latter and think due to people covering positions ..hence topped with ..sometimes you have to follow your conviction ..

looking forward to the results. i hold loads now !! dyor

Bit of a strange one today, the price started to fall on virtually no sales and it has been solid for some time. I agree in part with Kantona that this is due to the fact that the results were expected in mid-March (and now it will be the 26th) but also the MMs need to drum up some business as it has been very quiet. A number of posters here and elsewhere have said they will buy in the run-up. At the end of today buys well outweighed sales. I too topped up at 2.47p and think this will look very good business in a week or two.

been away, Hopefully i hven't missed anything...Results this month at least the date is sure now, my target and expectations for chelford remains as high as...

If the results are as mangments statement in Jan, then expect a highs, overall per ratio chelford will pay off handsomely, down the line, 10p would be a dream come true...I thank the others watching and posting any new info on Chelfords performance and news...

HAPPY DAYS NOT FAR OFF NOW!!!!!

Chelford at 10 pence? are we talking short/medium/long term?
Interested to know on this one, might start looking into it, my interest has been aroused

personally think 10p vll be have to be a distant target ..def long term .. if u loook at the price chart of the company and historical data ..this used to be cash shell ..the SAP tech reversed into it ..intially it was making losses for the first year or so ..the share price difted from highs of 7p to around 1p mark .. now the company is turning profitable no reason why it should not climb back up again. short term 3-4p target ..once the details of results are known with earnings and profit ratios then we' ll be better positioned to say whether 10p is a long term or a medium term ... emotionally i shares Jules sentiment on this, but this doesn't mean anything at all

good luck

Thought this should bounce quickly, hardly any sells fri, buyers came in fast at the end, and returning today, i believe this should soar over the coming weeks - just look at the fundamentals and DYOR, but am I missing something? It's so cheap, many tech stocks are rated on multiples of t/o, and many 30/60X - look at projections for profit and you can see this could have a very low p/e and rising t/o points to me at a very Growth stock, i'd like to see it at 10p by June and think it's achievable - could be exciting -let's see!

Hi all. Nice to see lots of posts, I'm in jumped in this morning and am very hopeful, would obviously love to see it risew to 10p but 5p will do :) Wait until this company gets written about, that's when the fun will start. An unknown at the moment but i'm hoping that will change very soon. On the up now.....

no.20 on the leader board and rising

Rising - will there be the late buyers again?

Sales outnumber buys by 3:1 today, with some big sells late in the day

Total trades didn't amount to 50k worth and the share price moved 12.5%, mm's may be short of stock and want to get some before the run up to results. amounts traded are so small, but this may change if it gets written about and the share price would soar. Dream - DYOR

The dip on Friday was a last minute and unsuccessful MM tree-shake before the run-in to the results on the 26th (which will be excellent btw). Tomorrow could well be the last day to pick these up under 3p - DYOR

It's late-ish but just got in...a bit knackered..

Appears the day for Chelford Group was indeed a positive one, plenty of new interest and posters today as well, are you all day trading or just logging in, not too intrusive am I..?

Chelford up 12% on a Monday, appears this could be the real run up to the count down...

Chelford levels I'd like to see broken:

before results 3p - 6p

after results 6p - 10p

More than 10p would be .......ahem..

keep well all..Jules99...

Jules, I'm expecting 4.5p by the results, though would happily take 6p :-)

looking good, i'm not a day trader, and on this spread - is that possible? Anyway, 3p is a bargain, why sell. Not sure about the short term but 10p is an achievable target, i believe (DYOR) this yr.

the mm's are trying every trick in the book to obtain stock, but no-ones falling for it. Due a re-rating so hold on...

what was the re-rating?

It's a figure of speech my friend. Brokers/investors may calculate a fair value based on the fundamentals/growth potential etc. and if the results are good as they are widely believed to be (see previous postings and web site/articles in shares mag, then a re-rating is on the cards. DYOR, we may all be wrong :)

the rns has brought it to the fore again.. it vll start to attract attention.. i am not sure if it vll be good thing in short term ..with the hot money coming in ..once it goes past that cycle ..we vll see good steady growth in this , due to the good regulars orders it is winnning on regular basis. see website for details of contracts etc.

good luck

RNS Number:3116W
Chelford Group PLC
09 March 2004


9 March 2004



CHELFORD GROUP PLC


PRELIMINARY RESULTS ANNOUNCEMENT DATE


Chelford Group plc (CHR), the IT supply chain software and services company,
will be announcing its preliminary results for the year ended 31 December 2003
on Friday 26 March 2004.


For further information, please contact : Steve Liebmann at Bankside; tel :
020-7444-4163 or 07802-888159; email : steve.liebmann@bankside.com.


Ends