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

The MMs have upped the price to 3.05 for tomorrows opening! That will be the highest it's been since August 2000.

lokks like we could be in for another good days trading would like to see 3.5p by end of week :-))

with so many buys why does the price keep falling?

advfn shows around 19 trades today ..first twelve mostly buys ...then around 10 trades a total 1m in volume all u/k all traded above the 3p mark ..which suggests to me that they are mostly buys as the spread is shown as 2.7 -3.10 ...

so accoording to this no sells but the mm's have taken the price up and then brought it down a touch ..to generate some selling .. must be short on stock .. least that's what's my opinion

i for one am not selling at all (not till results) ...not going to be put off by mm tactics ..

so basicallly this is a treeshaking exercise... or am i mistaken by this thought?

kantona do you have any other suggestion on other <4p shares with results in the coming months worth looking into cheers windy

Could actually be fair value at this price - all depends on the level of profit you anticipate. If 1m bottom line, ands that may be optimistic then a p/e of 19 may be about right. if on the other hand only 500k, then 38 looks expensive unless profits growing quickly and plenty of new orders. Cashflow isn't up incredibly so the latter may be nearer the mark. I am taking some profit by selling half.

why does the price drop on a single sale and does not rise on the buying side is this still mm's playing games with the price to boost there stock of this company?

windys160 .. i am novice in picking stocks .. but to be honest the price of the share is irreleveant ..it's the potential that one should be concentrating at ..CHR def has this due to their anticipated return to profitability.

personally the other blue sky stock that i think that has massive upside is co called RINGPROP.. i have held them for ages..and brought back into them again ..i won't put any further re this here but i vll update the RPP thread later with my opinions.. pse do not construe this as a recommendation .. we all have to make our own decisions and then have to live by them .. it's bad enough taking a loss now and then yourself ..but worse if others lose out as well as a result of what i might say..

Now back to CHR...we know they vill show small profits for 2003 .. we know they had enough others in Jan 04 alone to cover 70% of the costs for this year... the difference whether this stock vill really fly on the annoucement of the results vll in the details as to what has happened in the last two months in the chairmans statement ..if they were half as good as JAN then theoretically the costs for the years should be covered now .. and any contracts from here on in should go to the profits column... it's this sort of detail that vll send this past the 5p mark (at least)..

Windys160, it is the MMs trying to get more stock in preparation for the anticipated buying in the run up to and following results on the 26th.

On Friday they dropped the price (after it had been steady for a few days) in the hope that holders would panic and sell. It didn't happen.

Today they raise the price and then lower it again hoping for sells - it hasn't happened.

If they can't get more stock and the demand increases (which it will) the only way to head it off is to raise the price. Good news eh?

All IMO of course!

kantona been watching with interest healthcare ent. HCEG any veiws ? i think might have some potential.

HCEG i have held them brougth them at 1.47... unfortunately had to sell at 1.97 to cover other positions ..agree good long term prospects and has many well known backers mike walters being one.. good long term hold .. may look to get back into them ..good luck ..lets hope CHR give us some decent profits to diversfy our portfolio's a bit..

I see on previous post there was an article in Shares mag. - i hadn't realised. Can anyone give the details of this? Have held for 3 days and alredy up 33%

iamole

Shares Mag "have faith in software installer Chelford, says Tim Freeborn

The article is something like this :-

CHR was previously featured in his cover story of 27/11/03 titled Golden Horizon. Then it was trading at 0.68p but too small to be featured in Shares mag "play of the week" articles. Techinvest's, tipsheet, made it a nap stock for the year. The shares soared to 2.55p giving CHR a valuation at 17 million. Perhaps I should have less scruples.

CHR installs & services enterprise software for mid cap companies and is carving up rivals focused on servicing companies that use IBM AS400 main frame range. CHR works with Microsoft & Oracle platforms and focused on niches with safety and quality regs as a big factor where the food industry is a key market for these services. CHR's 2nd business is reseller for SAP and developer of templates for particular industries, endorsed by SAP & potentially very lucrative.

Arbuthnot, CHR's House Broker forecasts EPS of 0.1p untaxed for yr 2003/04 which although conservative suggest shares are up with events or an all-paper acquisition in in the offing.

another day another 0.1 pence up..end of week 3.5p acheivable, though each day closing in on the big day increases the appetite for Chelfords stock and dont the MM's know it...!

3.5p end of week target is acheivable, a clear break of 3p should do the trick...2 weeks left now we could be laughing. A rights issue or other good news on the day would be a welcome bonus, u just never know these days...

good luck to all of us who have stuck with this tiddler...toddler...

down -0.28 this is one serious down turn is this just more tree shaking or is there something going on we don't know about. ? or am i reading to much into this ?

thank you for this information, interesting but whats up today?

is everyone still confident about this share hitting at least 4p??

Will definately hit 4p sometime soon. This is a solid company that will report excellent results and has got off to a great start to 2004

nearly everthing has taken a hit today ... CHR down with the market as opposed to anything with the share ..

a friend of mine today reluctantly sold them today ..to cover some losses on another T10 position ...but he's hoping to get back in again .. ithink this is the case today alot of balancing of the books etc..

personally unperturbed by it all .. i vll personally continue to hold.. if they go sub 2.5 to buy tomorrow, i vll buy again