Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.

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

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.

bmw325 - 01 Jun 2007 21:00 - 974 of 2037

..and the trend is UP.

David10B - 01 Jun 2007 21:10 - 975 of 2037

My goodness, this is as serious as it it is pathetic.

AdieH is have long been apparenet that you are obsessed with COH. I could go futher but the need to keep this BB on course takes priority.

You clain this rubbish over on iii:-

Re: Gonner2003
Oh dear oh dear looks like the neighbourhood watch people need to do an IP address check as the looney has escaped from MoneyAM, I thought you didn't like to use multiple names David10b... (waxman) you got bored on MoneyAM because people squelched you David... I would suggest everyone ignores "One Does Hope" at this person is David10b from MoneyAM and he will only wind this thread up...

You refer to aposter there called @one does hope@.

Please, please, please have the IP addresses checked out if only in order to show the world that you should be in a place that you are not in now, a big house high on a hill .

To those who follow this ogoing debate also on the iii COH BB there is another poster who seems to agree with me on a price for COH there called Alan Tittymarsh .

HE HAS MY SYMPATHIES AS SURE AS @EGGS IS EGGS@ GONNER WILL BE JUMPING ON HIM!

Finally please come forward @ one does hope and show this person to all for the mistaken man that he truly be.

Obsessions are dangerous and can ramp you into poverty.

Please be warned over AdieH and his other name gonner on iii

bmw325 - 01 Jun 2007 21:19 - 976 of 2037

Dave the Rave it has long been apparent that you have been obsessed with COH since you jumped at 18P...

AdieH - 01 Jun 2007 23:08 - 977 of 2037

Take a look at iii David10b has created two new names... you really should get a life and start acting your age not the size of your prick... Please please come to the next AGM as I would love to meet you...

proteus - 02 Jun 2007 00:16 - 978 of 2037

Post your calculations then if you have any.Unless you can back up your words you have no credability.

proteus - 02 Jun 2007 11:46 - 979 of 2037

Oh dear 10 B,

What calculations did you do on BKE,your judgement is obviously flawed.Now you say EBIT is the only measure you follow.A quick look at one of your ramps MLR shows an unblemished negative EBIT history.Are you confused,you can get help you know.

David10B - 02 Jun 2007 20:19 - 980 of 2037

Do not post on iii sorry to many rampers there.

Never owned any BKE too risky sorry again.

My caculations for COH (how many times do you want them?)

99.99% of NUMIS PLEASE TELL ME IF YOU UNDERSTAND THAT AS I CAN POST IT AGAIN IF YOU WISH

David10B - 02 Jun 2007 20:30 - 981 of 2037

MLR HAS NOW BECOME A COMPLETELY CHANGE COMPANY AND IF YOU CAN READ ACCOUNt YOU WILL SEE A VERY COMFORTABLE PROFIT.

HOWEVER ALL THT SAID YOU CAN SERIOUSLY PLACE A QUALITY COMPANY LIKE MLR UP FOR COMPARISSION WITH COH-----COME COME COME SIR PLEASE!!!!

ALSO KINDLY TRY TO FOLLOW WHAT IS GOING ON, I LOOK FOR AN ASSET BACKED NETT PROFIT WHEN EVALUATING COH.

THIS IS NOT AN UNDEMANDING REQUEST FOR A COMPANY THAT HAS BEEN TRADING INTO ITS SEVENTH YEAR

David10B - 02 Jun 2007 20:40 - 982 of 2037

AdieH I SERIOUSLY SUGGEST THAT YOU NEED PROFESSIONAL HELP FOR YOUR PARANOIA.

I must really be getting to you and to allow me to do that over a silly share, means your character must be lacking in something, and possible defectively flawed

Furthermore kindly refrain from profanities, this a clean BB and there may be ladies visiting here.

In your current demented state, I doubt if you would be a fit and proper person to meet with, therefore as I am not accustomed to lowering my standards I find it is impossible to accept you invitation.

However thank you for thinking about me.

David10B - 02 Jun 2007 20:49 - 983 of 2037

AdieH looks like iii is catching up with your ramping

bmw325 - 02 Jun 2007 21:02 - 984 of 2037

Dave the Rave

You lost big time with BKE...YOU ARE A LIAR.

David10B - 02 Jun 2007 21:05 - 985 of 2037

Oh dear yet another COH deluded fool

bmw325 - 02 Jun 2007 21:08 - 986 of 2037

You are still a LIAR...and I am still sitting on a massive profit.
Register now or login to post to this thread.