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

In the present climate this is a very good buy, doing well, gives a DIV, expecting a shoot up above the 20p level after the results.

What do you make of over 2 mil sell just a few days before results ?

It was not a 2M sell - its a 2M buy as you can see they have taken their holding up 2M from 9M to 11M now. As this is just before results - makes buying this one a good play.


Chapelthorpe PLC
02 June 2004

2 June 2004

Chapelthorpe plc

Chapelthorpe plc (the 'Company') announces that it received notification
yesterday from North Atlantic Value LLP that as at 1 June 2004, North Atlantic
Value LLP as discretionary manager has a notifiable interest in 9,048,100
Ordinary Shares of 5p each in the Company, representing approximately 4.43% of
the issued Ordinary Share capital.

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





Chapelthorpe PLC
03 June 2004


3 June 2004
Chapelthorpe plc


Chapelthorpe plc (the 'Company') announces that it received notification today
from North Atlantic Value LLP that as at 3 June 2004, North Atlantic Value LLP
as discretionary manager has a revised notifiable interest in 11,179,765
Ordinary Shares of 5p each in the Company, representing approximately 5.48% of
the issued Ordinary Share capital.


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

I think it is very significant that NAV are into this one - I am hoping for 20p+ after the results !!

CHAPELTHORPE PLC

PRELIMINARY RESULTS

For the Year ended 31 March 2004

Chapelthorpe plc, a leading manufacturer of industrial products which are
supplied to carefully chosen niche markets worldwide today announces its
preliminary results.

Financial Highlights

Operating profits up by 23% to 7.2m (2003: 5.9m); underlying*
operating profits 8.0m (2003: 8.2m)

Significantly improved pre-tax profits up 137% to 5.5m (2003: 2.3m)

Underlying* EPS up 31% at 2.21p per share

Final proposed dividend up by 40% to 0.7p (2003: 0.5p), making total for
the year of 1.0p (2003: 0.75p)

Borrowings reduced by 5.5m in year to 22.7m

* Before exceptional items and goodwill

Chairman, John Standen, commented:

'I am delighted to be delivering these results for the year ended 31 March 2004
with much improved earnings and good cash flow against a tough market. The
targets we set ourselves last year, primarily those of reducing borrowings still
further while maintaining our recent financial performance, have been achieved
despite continued difficult markets worldwide.

Despite the many uncertainties, we remain cautiously confident of the outcome
for the current year and beyond.'

Chief Executive, Brian Leckie, commented:

'The Group achieved a solid set of results in the last 12 months through the
continued vigorous application of our cost reduction and control programmes.
Each of our divisions contributes significantly to profits and is cash
generative.

Despite the uncertainty over our raw material costs in light of the recent surge
in the oil price, we remain confident that the solid gains we have achieved in
operating efficiencies and cash generation over the last two years can be
maintained through the current year.'

For further information, please contact:

Brian Leckie, Chief Executive - Chapelthorpe plc 01924 248200
Chris Lynch/Josh Royston - Weber Shandwick Square Mile 020 7067 0700

Chairman's Statement

I am delighted to be delivering these results for the year ended 31 March 2004
with much improved earnings and good cash flow against a tough market
background. The targets we set ourselves last year, primarily those of reducing
borrowings still further while maintaining our recent financial performance,
have been achieved despite continued difficult markets worldwide. Our business
plan also demanded that we at least maintain our hard won competitive position
in the markets in which we operate and, despite increasing competition in some
areas, we have done that.

In addition, for the first time for some years, the full year figures contained
in the accounts (which are commented on in detail in the Financial Review) are
reported free from any exceptional items, underlining our financial achievements
in 2003/04.

Results in brief

Reflecting the difficult market conditions in all our markets, turnover slipped
marginally in the year to 31 March 2004 to 121.5m (2003: 121.8m). However, the
2004 figure was adversely affected by foreign exchange translation without which
we would have experienced some modest growth from the previous year to around
122.7m. Operating profit improved from 5.9m to 7.2m and a significantly lower
interest charge meant that pre-tax profits rose by 137% to 5.5m (2003: 2.3m).
Underlying earnings per share (excluding exceptional items and goodwill
amortisation) are 2.21p compared with 1.69p in 2003.

Dividends

In the light of these encouraging financial results and in accordance with the
progressive dividend policy, the Directors are proposing a 40% increase in the
final dividend to 0.7p (2003: 0.5p). When taken with the interim dividend
declared in December 2003 of 0.3p, the total dividend for the year, if approved
at the AGM, will be 1.0p compared with 0.75p in 2003, an increase of 33%. The
cost of the final dividend now proposed is 1.4m and total dividends are covered
1.8 times by earnings. The final dividend is payable on 10 August 2004 to
shareholders on the register on 18 June 2004. Shareholders will once again have
the opportunity to reinvest the whole of their cash dividends in the purchase of
additional shares in the Company, in the open market, at competitive dealing
rates, pursuant to the Dividend Reinvestment Plan.

Business progress

We achieved a solid set of financial results in the last 12 months through the
continued vigorous application of our cost reduction and control programmes.
Each of our divisions contributes significantly to profits and is cash
generative; as a result we have been able to reduce borrowings still further to
the current level of 22.7m (from 43.3m in September 2001) and we remain firmly
on course to meet our target borrowings figure of 20m by March 2005. A more
detailed review of the divisional operational performance for 2003/04 is
included in the Chief Executive's Review of Operations.

Strategy

For some time we have positioned our Group as a leading global supplier of
manufactured products to three carefully chosen niche markets. Our products and
markets have high barriers to entry and that enables us to concentrate our
energies on maintaining and developing those key market-leading positions.

Over the last two years we have de-risked the business by significantly reducing
borrowings and tightening our control of working capital. These programmes have
been effective and will continue going forward. In addition, last year we began
a programme to assess whether realisable or currently surplus assets are being
converted into cash at a fast enough pace; we expect this programme to produce
tangible results over the next few years.

We now have a sound platform on which we must build growth and improve returns
for shareholders over the longer term. Therefore, during this year we will very
carefully review all of our businesses and their assets to ensure that each of
them is capable of rising to the challenge and delivering both growth and
acceptable returns for shareholders.

Our good housekeeping of the past two years has given us a great opportunity to
finally determine the optimum shape and scale of the business going forward. It
is an opportunity that we will not let pass by.

Outlook

Given the difficult economic circumstances the Group faced last year I believe
we achieved a satisfactory financial performance in 2003/04. Shareholders have
seen total returns improve over the last two years, but the recent surge in the
oil price and its consequent impact on our raw material costs continues to
present us with challenges going forward.

On the positive side, while our traditional markets will undoubtedly remain
tough for the foreseeable future, we take encouragement from the experience we
have recently gained with innovative products taking us into new markets. We
firmly believe that these areas offer us considerable opportunities for growth.

Despite the many uncertainties, we remain cautiously confident of the outcome
for the current year and beyond.

John Standen
Non-executive Chairman

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.