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Coffee Heaven - A heavenly share for penny punters ? (COH)     

overgrowth - 06 Oct 2003 22:47

underground01_2.jpgA 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.’

Chart.aspx?Provider=Intra&Code=COH&Size=Chart.aspx?Provider=EODIntra&Code=COH&Si

bmw325 - 30 May 2007 16:46 - 954 of 2037

proteus

He lost a packet on BKE...and has never been able to come to terms with it.

proteus - 30 May 2007 17:02 - 955 of 2037

That explains his problem.He shouldn't gamble on things he doesn't understand.

bmw325 - 30 May 2007 17:22 - 956 of 2037

He also has a very bad drink problem which has befuddled his brain and has led to some very bad decisions, the greatest of which was jumping from COH when it was 18p

AdieH - 30 May 2007 17:30 - 957 of 2037

Squelch him it works, he will get bored and hopefully disappear to p... others off... he knows nothing such squelch him... Regards.

bmw325 - 30 May 2007 17:35 - 958 of 2037

.

bmw325 - 30 May 2007 17:37 - 959 of 2037

AdiehH

Unfortunately this madman will not go unless money am somehow ban him.

Fortunately most punters on all the BB's know that he is a nutter.

AdieH - 30 May 2007 17:52 - 960 of 2037

I have sent an email to IanT asking for him to be investigated and then spoken to, i've still not had a reply, will chase again to see what they say... Would suggest we either set up a new thread and all squelch him or maybe go over to www.iii.co.uk (i'm gooner) as its a much better thread as he is banned from there. Regards.

David10B - 31 May 2007 23:50 - 961 of 2037

Instead of all the petty swabbling you should be concerend about more big selling to day

I said months ago to let the SP do the talkng, that was not good enough for AdieH, therefore thats that.

David10B - 31 May 2007 23:55 - 962 of 2037

Best price for bulk selling today is the same as the EMPIK dumpimg 35p.

Should not be to long before we see under 30p.

AdieH, why Sir you you get so angry at anyone who has a bad word for COH?

You snapped off Pedro's head on iii just for voicing his opinion.

Anger is a sign of weakness and frustration!

You will make yourself ill you know, much better if you asked Pedro why he sold as he was a great big fan of COH, that way you may learn something.

trigger45 - 01 Jun 2007 07:13 - 963 of 2037

The share price actually rose yesterday. Why on earth can't you give it a rest.

You have made your position on this one extremely clear.

The share price may well drop, or could infact rise. Time will give us the answers.
Try to be grown up about it and let the share price do the talking instead of trying to goad other punters every five minutes.

AdieH - 01 Jun 2007 07:55 - 964 of 2037

Trigger just squelch him, we've covered this numerous times and at present the decent posters seem to have disappeared until this cretin removes himself or the facilitators deem it appropriate to remove the pr..

trigger45 - 01 Jun 2007 08:28 - 965 of 2037

Yes I agree AdieH. I have no intention of entertaining him further.

ryce2005 - 01 Jun 2007 14:25 - 966 of 2037

When they issued stock one of the directors boufgt it up at 41p, some months before this another one mad a purchase at 46p. Do they know some significant news which is positive? Can anyone shed some light on this for me please?

AdieH - 01 Jun 2007 14:46 - 967 of 2037

It was the same director W Currie, he holds around 10.5 million shares now, previously he brought the perfume shops to market and then sold for a nice profit. Met him at the AGM seems to know his stuff, he bought in before being made a director, also a dealer for a large stock broker before that (successful)... I take it as a positive enough though i'm sure someone else will give you a negative spin on things... Regards.

bmw325 - 01 Jun 2007 16:07 - 968 of 2037

Aidie

Currie has recently bought back the perfume business...I would personally buy into anything he was involved with.

AdieH - 01 Jun 2007 16:18 - 969 of 2037

I didnt know that.. interesting though..

David10B - 01 Jun 2007 18:16 - 970 of 2037

Thought I would leave you all to your own devices today, then I saw Mr Ryce's post, and I thought it worthy of an answer.

The problem with your question Mr Ryce is the answer, as no one knows the best price to buy this share at.

This is obvious by your question.

All those that bought in the price range that you mentioned are looking pretty silly right now.

Further more despite the attempts of mny here(who are in fact share holders with a vest interest) to keep COH bouyant its down again today.

I would be drawn to this share, althoiugh would not buy it , at under 30p- and I feel that it will be there soon enough.

Now the crunch time: they all here slag me but none can answer the simple question-- and that is where is the solid asset backing to support this share at its current price?

None will answer as they cant as very simply put---- there is none.

Form my sholl on invest point of view if there is no intristic valkue, then there is no value and that males COH 99.99 over valued!

Of course others will disagree, but then they have their money tied into COH, but look at it this way, what happens if COH goes bust? What would be left to support shareholders funds ?------Answer not much at all.

And that Mr Ryce is why RHPS has determined that COH is a HIGH RISK.

proteus - 01 Jun 2007 19:13 - 971 of 2037

10B,
Do you want help ? Check google you may find a definition of asset backing ,it's not beyond you I hope. Have you contacted the fund managers yet to explain why by your logic VOD is going bust.
Have you thought through why your calculations are below cash value ? Have you calculated anything at all ?

David10B - 01 Jun 2007 20:46 - 972 of 2037

Mr Proteus, than you for your post. Yes indeed I do know about asset backing but I talk about real asset and not intellectual assest etc.

Yes I have calculted a few things, one of them being that the COH share price would fall, and it did just a week after I said it would, based on my charts and other aids, which of course were different from the rampers charts.

I wonder how that could be?

Now I calculated that COH will be under 30p, lets wait and see!

Ps All the things you ask of me have been long done and fully so, there is so much information on the Internet, one would be a fool not to take advantage of it.

Lonely are the brave, lonely are the COH shareholders, as their merry ban continues to decrease.

David10B - 01 Jun 2007 20:54 - 973 of 2037

With COH my friends, from here on in, let the trend be your friend and stay safe.
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