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??

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?

probably lack of news. just a guess.

yes it all seems quiet-got to hold at 140 though

I have held these shares for 18 months now and they are the most foolish purchase I have ever made (next to CFP that is).
I could go out and purchase a half decent secondhand car for what I am currently down between these two.
At least this post may give someone a good laugh which is more than holding these babies has ever done for me.
Still like warren buffet I aint selling till in profit or dead. LOL LOL and double LOL.
Steve

cant understand it,,its in profit with good prospectd,,its bound to come good soon

Kieth
Nor can I,It doesnt seem to be 'in vouge'at all.
The Director bought at 1.8 (if I recall), Question is we are now entering a support level, do I top up and wait for the rise or watch as it goes through the floor.
Tough one eh?
Regards
Steve

Go on top up-somethings got to push the price up.

seems like the consolidation has back fired spectacularly.price was stable at around 2p, or 2 , if you think about it.now 1.30 or 1.3p.never going to get my money back on these for years.

yes it is a bit of a concern, may as well just hold onto them now and look towards April results

I really cant understand why its not performing,,when there is news its generally pretty good, with both turnover and profits increasing..anybody have any thoughts??