Some good news this morning from them, it looks like 2004 will be a excellent year for them and the shares increased by 13%
Is this the start of another upward trend for them??

any thoughts on this share??

got a little mention in Shares - said it looks promising

does anyone think that the proposed consolidation will lead to the shares being noticed on the radar of the institutions and lead to greater demand and hence price rise?

i bought this at 2.8p in february.
should i cut my losses and sell or hold for another 6 months?

I'm also holding at a loss, though I did average down to 2.1p. I sold half on the day before the interims at 2.37p.

The full year results will be very good and these will rise during the run in - though may well fall on the day - as so many stocks do. I also think they will be hotly tipped again this year as they were last year

This is a very strong company so I wouldn't contemplate selling at a loss. I will certainly be holding till at least the next results (when I am certain I will be able to sell at a good profit) and if we get a decent fall I will buy more.

Agreed - I'm in at 2.1 myself and am certainly not going to sell when I'd just have to find somewhere else to put this money. Hopes are that following consolidation there will be more institutional interest and at least the spread won't be such a killer. It would be nice if steadied around the 2 and built a head of steam going in to the finals.

fingers crossed then!

shares magazine featured this stock in this weeks issue and described the price as "ridiculous"

ridiculously cheap I hope that was!!!

I think that article will put chelford on quite a few peoples radar. A doubling before the full year results seems very achieveable.

good-hope for some steady upwards movement, maybe even get a bit of a jump tomorrow

does anyone think that the forthcoming consolidation and subsequent price rise will mean that the shares will come to the attention of the institutions and have a positive imact on the price?

It will certainly remove the stigma that Chelford is a penny share company but the main benefit is that the spread will narrow and that will improve liquidity. Many investors are put off investing in panny shares since they need such a huge rise to break even on the spread. There may be a minor fall in price once the consolidation is done but that will be more than compensated by the steady rise afterward in the run toward results. Steady progress is much better for us longer term investors than the trader driven rises and falls we've seen over the past year

Just looking at this share.. can anyone give me a potted
history as to why its a buy... noticed the consilidation
doing my own research but would be interested to hear
from long termers..

hi Bradley.. they have more information on their website www.chelfordgroup.co.uk (off the top of my head) there is quite a lot of info around recent contract wins and history.

I have been holding for around 6 months and see the consolidation as a very positive step. I notice that the spread has reduced from 15/20% to around 5 which should make them much more attractive.

They look to be developing a niche as a SAP player for medium sized business and have won several awards recently.

bloody hell!!!! forgot about the consolidation, thought i was a zillionaire for a minute......
anyone got clues as to todays 20% rise?

Yes my online broker forgot to make the update so I was looking at a huge porfolio for 24 hours. Following the consolidation the value of the group dropped by 10% so I guess that the 20% rise was purely due to some catching up?? anyone else have any firm ideas??

Anyone got any clues as the the downward slid of the share in recent days?