A 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.’

Owned BKE!!!!!

Oh please dont be so pathetic!

That would be like committing financial suicide.

Who mentioned free shares? Not I.

I only post because of the following ramping tripe posted by COH holders and copied with full acknowledgement to the sites concerned.

This clown here is even telling you all to top up at 41p, while I was telling you its too expensive, so you decide

As follows:-

iii

Re: Time to Top Up? Gonner2003
Well if the institutions are willing to pay 41p then I would say its a steal... I suspect as someone else pointed out that possibly some stop losses have been triggered, if you bought at 50p six months ago then you maybe abit worried but for me at sub 14p then I say its time to time up...

AND

ADVFN

This person also says they are looking cheap just before they fell---what an expert!

coffee911 - 10 May'07 - 16:48 - 5946 of 5950


Based on their track record to date and the fact that "institutions" have subscribed to new shares at 41p, COH is looking very cheap to me. I would have liked more explanation but trust RW enought to believe that he wouldn't have had fundrasising round he he didn't have a good place to put the new cash. It will be interesting to see who the new shareholders are.


Kindly note these experts would have you believe the price is cheap at 41p, just because a few insitutions and a director thought so.

However its the market that counts and its telling me 30pish is a better call.

Email sent to RW lets see what he has to say about your slandering of BKE... your starting to get wound up now are we MR David Brook Thomas... LOL as I said your really entertaining... Will post Richards response once I get it... You haven't done much research as you would have known anyone owning BKE got free shares when COH was created... or maybe your just playing the fool (now isn't that a song)... Come on i'm loving this...

Gentleman, each to your own views, however it all depends upon one's personal share trading strategy. Short, Medium or Long term. Thus if Long term, what does it matter, provided the fundamentals remain OK, whether the share fluctuates up or down provided the overall trend is up and that progress is being made in the business one has invested in. Personally, I'm long like stockdog and agree with the business model of hot water added to a few ingredients and then big markup. Good luck to all holders.

Goodpoint silvermede

I wonder if anyone else in Poland has looked at it that way, if so there is a lot of dilution of the market place coming.

AdieH not really interested in anything Richard has to say, being the finanace director of BKE as he is, that speaks for itself and says it all.

This has now played itself out, the facts speak for themsleves and many people will undoubtedly get badly burned with this one and therefore I have no need to pamper you any longer, let the SP talk from now on. or that should be from Monday on.

Have a great weekend

10B
Time for another bottle of red on the yacht?

LOLS!

Your English is really coming on though.

I have had a response from RW and will cut and paste the relevant detail later today... As to your comment that you are not interested in his views on BKE, you made a statement it is only fair as your previous posts have suggested to get both sides of the story...

Good morning AdieH

Why not simply post it all!

No doubt all the man could utter would be a diatribal burb, a rehash of what is already in the pubic domain, and besides that the appalling, but nevertheless factual, record of BKE's mismanagement clearly speaks for itself.

However it would prove to be interesting reading, illuminating on how a board of directors( or could it be a cartful of clowns) could ruin a prefectly viable company in such a short time.

Lol, you really do have an issue with BKE which leads me to believe you have been personally stung by investing in BKE... I can't quite work out why you have such issues if you never invested and the more you post the more it seems you are Waxman... I will post his comments but it would be unfair to post all as I will be addressing the points you raised... Also he asked if I know who you are and were the points raised all from you, now should I send him your email address? Keep me entertained please...

As the man said cut the crap and post it.

My profile is in the public domain together with my email address.

My only issues are with incompetant directors who take unsuspecting and trusting shareholders for a ride, no more no less.

I would never invest in a dog like BKE, why not educate yourself and read the back posts, there you will find that it was a poster here who brought this share, BKE, to my attention, prior to that I had not given a low rag shell such as that any attention

Meanwhile you seem to like to talk a lot, with little results, but please some action now! Please, please, please tell us all, where is the beef?

On ADVFN he claimed to have lost a packet on BKE hence his desire to shift the blame away from his analytical ability.His profile changes like the weather.

Sir you may rant all you wish and come up with as many fantacies as you wish.

I do not frequent ADFVN for posting, only to observe the circus

I have never taken a gamble on BKE as it has nothing to offer except losers odds.

As I said cut the crap and lets have Mr Worthington's answers!

You can though, if you wish, continue to go around in ever decreasing circles, but the outcome will be the inevitable same thing and COH will fall this week as its concept in now looking as shakey as the management.

Its was not I that said COH was High Risk!

It was indeed RHPS.

The fact that so many of you seem to have banked so much on Mr Currie's buying sending the share price up, when in fact it went the other day should now be telling you all its time to get yerrrrrr boots on and start a runing retreat while you still havea profit.

Have a great day as tomorrow will tell.

It's incredibly boring for all of us to have to listen to, and they guy obviously needs counselling. Is there an organisation that can help with netrage? Ranters Anonymous?

Afternoon:

This is the response in regard to BKE:

"As for BKE, shareholders have been made fully aware of the challenges - that is that management is dealing with a declining business and is seeking suitable alternatives to give shareholders some value upside. This is not an easy task. I know the executive directors well and they are hard working dedicated people. It might also be noted that largest shareholders in BKE are also the Director so their interests are hardly mismatched with other shareholders.

As to Director pay. You might suggest that the writer looks at the recent AIM director pay survey by Growth Company Investor - the average Chief Executive's pay on AIM is 174K and the average AIM Board pay was 495K - here's wishing !

The BKE Board has 2 executive and 2 non executive directors - their combined pay as per the 2006 Annual Report was 156K."

This is in response to your rant about COH:

"If not then I guess the COH critic did not buy our shares or was not a BKE shareholder when they got the free COH share on the demerger ! Clearly the person has no concept of 'brand value' (does the Balance Sheet of Coke reflect the billions the brand is worth ?).... or perhaps the writer feels we should be spending even more shareholders money speculating in property instead of running coffee bars.

Also they have not read our last trading update. Last year the COH business generated about 1M gbp in operation cash flows. The success of our recent placing with new institutional investors both from London and central Europe would suggest that some people at least see considerable value in COH. Recent analysts reports are on our web site."

I would like to point out that I received this email 2 hours after I emailed RW so please note he takes care to respond to share holders in COH. If you check out his profile he has an excellent track record so far and I hope it continues, before you mention BKE please note BKE holders got free shares in COH a few years ago so any existing BKE probably show a massive profit COH and possibly a loss on BKE...

RW will also send me a link to a website of someone who has a real downer on COH, name of David Grothier, I will send this email link to anyone that wants it but I won't post on here.

Hope you have a great day...

Regards
AdieH.

jim_Bently Davis - 7 Nov'06 - 12:05 - 4726 of 5950


I should have added that all those years stuck in BKE, 7 in total just watching it go down and listening to excuse after excuse, then Worthington telling me dont sell, its horrible

10JimB - 12 Sep'06 - 13:56 - 4025 of 5950


if you say so anything to appease to peasants classes, except where BKE is concerned as BKE is a testomony to a lying incompetant devious management. And if yu want it spelt out that means Mr Bemtly, he with a constantly falling share price and a Villa in MURCIA and Mr grab all Worthington who as yet to make a buck---thats what BKE is a testament for.

All very interesting stuff I am sure, and yet even more name calling and more pathetic indentity confusion.

However, its still does not alter the fact that Mr Worthington claims that COH shares were free, they were not, as BKE was severly diluted in order to form COH which has yet to prove its worth and make a decent profit after 7 years of trading, at least thats what I can see. All the money made todate has gone into over prices leaseholds.

Did Mr Worthinton actuall say this gem which is incredibly limited in perspective:

"perhaps the writer feels we should be spending even more shareholders money speculating in property instead of running coffee bars."

If Worthingto foolishly stated the above directly to you ,the please allow me to clearly state that if Mr Worthington does not open new bars, my research is clearly demonstrating that other company will and are doing and right now!

Besides if Mr Worthington has no intention of opening new coffee bars then please tell me why he continues to rape shareholders for more money?

Again, I think that the market is getting wise to COH and the price is reacting accordingly!

Not content with causing harm to BKE shareholders, Mr Worthington went on to put the boot in and sell a substantial amount of BKE shares from which BKE has not recovered to this day.

Sorry chaps, and please for the sake of others stuck in COH, prove me wrong as the only one I see benifiting from all this is Mr Worthington, with nice juicy fat share options, and of course Diggle Investments

However those blinded through having money locked into COH must support it to the very bitter end and of course the TITANC was unsinkable!

It seems that your Mr Davis shares my views and perhaps he should post here too!

Whereas in the coming weeks the market will undoubtedly support my contentions that the price will fall further, I am currently overwhelmed by COH shareholders even though they are blinded to the reality of their fate and stubournely holding on to a falling knife, as they are.

As to director's pay at BKE, well chaps if they took a pound, just one single pound that would be far too much as they are obviously a pretty useless bunch , even from the point of view of just sitting theri watching debt mount each year, let alone considering theri own lack of innovation.

I say this when looking at shares like CARL, which I bought two years ago, and CFE, just as two examples of hard working directors pulling for both their companies and shareholders.

I would not give the directors of BKE house room and I am prepared to say so here publicly.

The more I research the more I dont like, especially the involvement of DIGGLE INVESTMENTS, which does not strike me as being in the best interests of the small shareholders. However others may think differntly.

As for BKE seeking out suitable alternatives to give shareholder value, thats good old fashion Bollocks; pure spin. as they could not even run Don Millars and have been seeking these so called alternatives for years now.

CFE and other could be a firest class role model and may show them the way to go, but I do not believe that the BKE board has any intention of making innovated steps to protect their shareholders, let alone find increased value for them.

They just do not have what it takes.

I further believe the market is now onto this, and Mr Worthington, hence the COH share price fall of this past week.

I have a very good concept of Brand Value and admire the audacity of comparing COH to COKE, a great chancers and opportunistic ploy if ever there was one.

It is nice to see that Mr Worthington takes his critism to heart, and any critic of his his welcomed in my camp.

Therefore please have Mr worthington sent me the link to Mr Grothier's web site it would be interesting to see what is there.

I remain committed to COH being an opportunistc company and perilous over priced gamble, and to my sentiments that the SP will fall further in value this coming week.

I really am enjoying this debate even though there is little presented to support the COH SP at even 39p.

Have a great evening.

You are not enjoying this debate that is clear for all to see... Have you thought about the time you are wasting here... You don't hold shares don't intend to hold shares so I would suggest you spend a little more time decorating your house as you say it is taking you rather alot longer than you anticipated...

Hopefully if and when COH reached my target of 1.00 (In 12/24 months) I will email you to remind you of my position... If it doesn't reach 1.00 then for me it doesn't matter as these are free shares (do you understand that).

Bye bye and good luck with your shorting of COH a fools agenda if thats what you've got... Bye Bye Mr Bronson : - )

Oh but I am!

With such foul weather outside and a planned weekend of work wasted its a great relief.

You will never see a pound with this stock.

You have already stated that COH does not intend to open more bars!! And that was straight from the chairman, or so you claim

Yet they have just raised more cash for that very purpose.

I just see big trouble on the horizon.

It would have been much better if you had followed my suggestion and simply let the share price talk for us both, now you have just dug your metaphoric grave and perhaps the fortunes of others as well.

Have a nice night.

I trust in all sincerity that some lessons can now be learnt from the dangers of publishing on theses BBs the totally unwarranted and unqualified rampings of back ally shares.

Rampers like AdieH obviously have no clue, no idea of valuation and therefore have to resort to the gutter when challenged.

They post only to boost thier own holdings and postions, and should, in my opinion be subject to criminal investigation for deception of intent.

It should now be pattently obvious that all is not what it seems to be at COH.


All I ask is that you aviod the AdieHs of this world like the plague, as they are only interested in filling their own pockets, and the Lord above knows only too well this is a tough old game without being misled into losing your dosh on devious ventures.

Has anyone noticed CFE is down about 2.9% today... Oh should I short that one...