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Chelford Group- Steaming ahead of results...in 3 weeks... (CHR)     

jules99 - 16 Feb 2004 13:54

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

windys160 - 10 Mar 2004 11:23 - 66 of 159

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?

kantona - 10 Mar 2004 11:59 - 67 of 159

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)..

Baughfell - 10 Mar 2004 12:01 - 68 of 159

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!

windys160 - 10 Mar 2004 12:14 - 69 of 159

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

kantona - 10 Mar 2004 12:37 - 70 of 159

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..

iamole - 10 Mar 2004 15:43 - 71 of 159

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%

Legins - 10 Mar 2004 19:54 - 72 of 159

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.

jules99 - 11 Mar 2004 01:46 - 73 of 159

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...

windys160 - 11 Mar 2004 09:49 - 74 of 159

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 ?

robstuff - 11 Mar 2004 10:20 - 75 of 159

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

keith thomas - 11 Mar 2004 12:15 - 76 of 159

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

Baughfell - 11 Mar 2004 12:33 - 77 of 159

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

kantona - 11 Mar 2004 17:02 - 78 of 159

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


bosley - 11 Mar 2004 17:59 - 79 of 159

everything seems to be down today. probably events in madrid , capitol city , terrorism and all that . seems to have reminded everyone against complacency.hopefully next week will see this share continue to rise . been a long time holder and will be relieved when it gets back to the level i bought in at .

keith thomas - 12 Mar 2004 15:35 - 80 of 159

anyone have any news on this today?

roma - 12 Mar 2004 15:58 - 81 of 159

I don't think we will hear a lot until the results,on the 26th March, I topped up a bit yesterday,while they still low.

windys160 - 15 Mar 2004 11:06 - 82 of 159

let's hope we will see a recovery to last week's high of 3p or even higher, with result's out next week hope to see 4p :-)) any veiws?

7840 - 15 Mar 2004 21:17 - 83 of 159

Can you see the share going any higher than 4p when the results come out Sue

SueHelen - 15 Mar 2004 21:55 - 84 of 159

Hi, I will have to get back to you on that as I myself am looking to get back into these again next week.

thesaurus - 16 Mar 2004 14:13 - 85 of 159

Will this make 4p
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