Chapelthorpe - well run - nice little div - potential seems good, whats the view on CPL ?

Nicely ticking up, when most are going down........good to see and a good BUY.

Chapelthorpe PLC
10 June 2004

10 June 2004

Chapelthorpe plc - Director Shareholding

Chapelthorpe plc (the 'Company') announces that it received notification on
Wednesday 9 June 2004 that the following Directors of the Company each acquired
the undernoted number of Ordinary Shares of 5p in the Company ('Ordinary Shares
').

Number of Ordinary
Name of Director Date of Purchase Shares Price

B Leckie 8 June 2004 100,000 18.64p

B Leckie 9 June 2004 60,400 18.82p

A L Thompson 8 June 2004 87,500 18.64p

A L Thompson 9 June 2004 39,600 18.82p

A P Weatherstone 8 June 2004 87,500 18.64p

A P Weatherstone 9 June 2004 35,000 18.82p



This information is provided by RNS
The company news service from the London Stock Exchange

Solid solid solid...this one is a buy !!

Still ticking up nicely - think we can aim for 28p now.

This company have done me proud in the past - good div and well run - got back in again this morning at 15p as a result of bad news

Last year I bought a large holding in this stock for around 14p and sold my holdings in Summer 2004 for 21p. Chapelthorpe has done well for me in the past and I have been praying for the opportunity to buy back into this stock.

However, I'm waiting to see if the price falls below 14p before I invest again.

Well, a 27% fall (to c.3.5p =mid.) looks like the Delight expressed by execs just a couple of years ago was a sure sign they weren't paying attention....IF the 1.1p dividend survives, this stock is yielding nearly 30% so I may buy on hope of a bounce - however, falls of this magnitude are usually a precursor to worse news so despite execs saying they hope for a positive yr profit I'm not sure why they are telling us now "things are bad folks"....if they are likely to be good in a few months....
No Sir, I suspect we shall see further "cuts" and maybe a few rolling heads would do wonders.....so I'm holding off until the fog is lifted...at least that way I avoid suspension and failures - had a few of those recently.
21p is so long ago - this is practically in the 90% club -but I notice there have been no posts for three years - that tells me "Folks have moved-on..."
Oh dear!

I've changed my mind and believe there is Value here. . . . The Co has a very good business in the US supplying mats to the Auto industry - so whatever type of Motors those folks buy, they still need mats and similar. This business has a substantial turnover and whilst the /$ rate is going the wrong-way I see no reason CPL cannot invest that profit in the US, rather than suffer a poor exchange-rate. Before long the rate will swing the other way and then the profits can be brought home. They also have a connection with Nano-fibres, but I can't work-out what it is - even if it's commercial - that's based in Old Europe, I understand.
There is a worry about what amounts to a PW( recent Co. News) - but on the basis this is a cash-generating business at a bargain price I've taken the plunge. Markets tend to over-react, ...er, I hope.

THE time to buy is when the Value exceeds the Market Interpretation and they have good turnover potential even ignoring the umbrella-side - let's hope that's the case!

A year and a bit later, and it's suffering from market woes and my suspicion that this co is doing very little to promote itself. Thefuture is dull, let's say - so I've changed my mind on prospects - mainly as a result of the CONsolidation.

CONSOLIDATION - 10:1 August 2007 - so that meant something like 30p was the equivalent. . . . DYOR. . . .

Now (July08), they're 17p - that's a further halving.
EDIT (Dec09), Up 25% on Dir buyingf about 1k's worth....even now 15p - Grief.