Cashbox supplies ATMs to places like petrol stations and pubs, nightclubs, etc. It has recently been pointed out by Shares Mag as looking likely to break even in 2007.

EDIT: Currently the company is the subject of a potential takeover approach. No terms have yet been disclosed, but this indicates the company's attractiveness in a sector which has seen a fair degree of takeover activity already.

Cashbox's business model involves placing most of the machines with retailers and providing technical support but having the site owners take care of keeping the machines filled with cash, thus reducing the costs to Cashbox.

The machines are watched closely by Cashbox to ensure that they are both profitable and operational as near to 100% of the time as possible.

CBOX has had a number of good contract wins recently (see RNS releases) and currently has an estate potential of 29,000 sites amongst its customers.






EDIT: There are 61.4 million shaes in issue, of which 55% is in the hands of directors and another 3.32% by a "major shareholder". So the free float is about 25.1 million shares.


PDYOR, etc.

CBOX Bid: 22.25p Offer: 23p Change: 2p 150,000 traded.

soul* .... thanks for the heads-up on this a little earlier ..... bit too small to be of interest to me .... also very illiquid by the looks of it

No worries Cynic. I'll take my chances with the illiquidity - remember SOLA!

Ended the day strongly - CBOX Bid: 22.5p Offer: 24.25p Change: 2.75p, 210k traded.

Spread will probably be back down to around 1p when trading resumes on Monday.

Up again this morning - on low volume, 10,000 or so traded.

CBOX Bid: 23.5p Offer: 25p Change: 0.75

and still proving popular today, 52,000 traded and up approx 5%:

CBOX Bid: 24.5p Offer: 26.5p Change: 1.25

That's me nicely into profit, anyway.

And there's more!

CBOX Bid: 27p Offer: 28.5p Change: 2.25

Cashbox PLC - Total Voting Rights
RNS Number:4988O
Cashbox PLC
21 December 2006




Cashbox plc

TOTAL VOTING RIGHTS

For the purposes of the transitional provisions of the Financial Services
Authority's Disclosure and Transparency Rules, the total number of shares in
Cashbox plc in issue as at the date of this notice is as follows:

Class Nominal Value per share Number in issue Voting rights attached
Ordinary 1p 61,409,143 61,409,143

The Company does not hold any shares in treasury.

The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, Cashbox plc under the Disclosure
and Transparency Rules.

End

Up again today, making five straight days of rises:

CBOX Bid: 26.5p Offer: 28.5p Change: 0.25

Moving on up: CBOX Bid: 27p Offer: 28.5p Change: 0.25

Cashbox PLC - AGM Statement

RNS Number:5157O
Cashbox PLC
22 December 2006


Cashbox PLC

('Cashbox' or 'the Company')

AGM Statement

At the Company's AGM to be held later today, Anthony Sharp, Chairman, will make
the following statement to shareholders:

'I am pleased to announce that your company has made good progress since we
announced the year end results. Further agreements have been signed with Novus
Leisure and Booker and, through our many partnership agreements, Cashbox now has
over 29,000 sites in the pipeline where we can assess the viability of
installing an ATM machine, many of those on an exclusive basis.

'Our key performance indicators continue to be extremely impressive with 98.4%
of the machines in our estate being open for business and 96.7% trading at above
breakeven. This is further vindication of Cashbox's placement model, the
rigorous assessments that take place before any machine is installed and the
outstanding levels of customer service that our team provides 24 hours a day, 7
days a week, 365 days a year.

'I am also pleased to announce the appointment of Andy Wilmott, our technical
director, to the Board of Directors in recognition of the contribution Andy has
made to the Company. Also, in view of the ongoing growth of the Company an
operating board has been created and is represented by directors from each area
of the business.

'The sales team is divided into two parts with our Field Sales Director Neil
Hawley managing a team of people who are signing individual contracts on a daily
basis. Dom West, the Corporate Sales Director, is managing the corporate
and commercial team who are signing businesses, such as the recent Novus Leisure
and Booker contracts.

'Charles Hallett is leaving the company with immediate effect to pursue other
interests. I would like to thank him for his contribution to the company and
wish him well for the future.

'Lillian Agola, our Marketing Director, is focusing on the marketing strategy
and the development of the Cashbox brand. Daniel Gibbons, the Service Director,
manages the installation and service team across the UK. Katie Hayes, Customer
Services Director, manages our customer services department which includes our
24 hour helpdesk. Yvonne Hoggart, as Sales Support Director, controls with her
team all aspects needed to process the orders coming into the business.

'I look forward to providing further updates in 2007, which I believe will prove
to be a landmark year for your Company.'

In keeping with the options granted to Robin Saunders at the time of Admission
to AIM, the Company granted warrants of 500,000 ordinary shares on 12 December
2006, to both Stephen Brown and John Maples at an exercise price of 20p, being
the closing price on 11 December 2006.

Andrew Duncan Wilmott is 31 years of age and has held no previous directorships.

---ENDS---

Off a penny today; hardly surprising that there has been a bit of profit-taking after the strong run of the last eight or nine weeks.

More rises to come in 2007?

Off again this morning: CBOX Bid: 25.5p Offer: 26.5p Change: -0.75

Tick up today after a few days of profit-taking: CBOX Bid: 23.25p Offer: 25p Change: 0.5

CBOX Bid: 24p Offer: 25p Change: 0.25 49K traded

have added a new chart as below ...... can't make a great deal from it, though sp holds nicely above 25 dma and rpi is now fairly neutral after being overbought.



red = 25 dma
green = 50 dma

Thanks, Cynic - nice of you to come and keep me company over here :o)

can't see a reason to buy though ...... if rpi falls to about 45, may look again

by the way, have just taken my (very nice) profit on SOLA for a second time ...... not saying it isn't good medium or even long term, but feel some profit taking is well overdue, and 500 looks as though it may have been a step too far ...... am sure i shall be back in

you may be right, Cynic. As it is, I'm in a small profit on CBOX since late December and am hopeful that the rate of contract wins and ATM roll-out will be both maintained and increased. When they'll hit break-even is another thing.


Regarding SOLA, there may well be time for another punt before the next results. Clearly you did the right thing today as right now everyone appears to be tkaing home their profits.

I have somehow got right down to a fairly small holding of SOLA by the end of December, all of which is free carry; regretting it slightly as I got too nervous, too soon, but am comfortable with where things are heading..

Up nicely this morning: CBOX Bid: 25p Offer: 27p Change: 1.5

590,000 traded so far.

nice climb today, reversing some of the post-Christmas slippage: CBOX Bid: 21p Offer: 22.5p Change: 3.5

276k traded.

And another climb today, because more good news has been announced (this comapny seems to keep winning new business at a cracking rate; just review its recent RNS releases!)

Only 98K traded so far - news like this should surely attract a bit more interest, but what the hey - if it stays cheap, the early birds will be able to buy more!!

CBOX Bid: 23.25p Offer: 24p Change: 1.5


Cashbox PLC - Contract Win
RNS Number:0948Q
Cashbox PLC
25 January 2007


Cashbox PLC ('Cashbox' or 'the Company')

ACE Members to get first 3,700 ATMs as part of a strategic contract win between
Cashbox PLC and Palmer & Harvey McLane (P&H)

Cashbox PLC (AIM:CBOX), the independent ATM deployer and operator, announces
that following a competitive selection process, it has been chosen as the
recommended supplier of ATMs for Palmer & Harvey McLane (P&H), the UK's number
one nationwide delivered wholesaler for both the independent and multiple retail
trade with over 61,000 customers.

Cashbox will initially focus on providing the free ATM placement offer to P&H's
3,700 members of the ACE buying group.

Through its partnership agreements Cashbox now has over 29,000 sites where it
can assess the viability of installing an ATM machine, many of those on an
exclusive basis. The Company, which is purely focused on the UK market, carries
out detailed research on each site before committing to installation to ensure
that it meets the relevant criteria to achieve profitability.

The ATMs will be placed using Cashbox's Placement Model, whereby a
convenience-fee ATM is placed with a retailer free of charge and replenished by
them, eliminating the need for third party cash-handling costs. Each ATM is then
treated as an individual entity, with Cashbox monitoring performance and
ensuring that the retailer is fully trained and supported in its use.

Carl Thomas, Chief Executive of Cashbox plc, said:
'We are delighted to be working with such a prestigious and successful
organisation as Palmer & Harvey McLane. In particular, I am very excited about
the pace that P&H want to see the ACE members benefit from our programme. This
contract win is further evidence that Cashbox is fast becoming the UK's leading
Independent ATM provider of choice.'

Clive Hildyard, Trading Manager, of ACE, commented:
'Throughout the negotiation process, we have been extremely impressed with
Cashbox's professionalism. The level of marketing and technical support that
they offer, and the fact that this deal involves absolutely no financial risk to
ACE members made Cashbox the obvious choice. We look forward to what I am sure
will prove to be a successful relationship.'

- Ends -

For further information:
Cashbox PLC 0870 126 2274
Carl Thomas, CEO

Threadneedle Communications 020 7936 9606
Josh Royston/Graham Herring


Notes to editors

Cashbox is a leading independent ATM deployer (IAD) with an estate of more than
1,200 ATMs in locations around the UK. Cashbox installs and operates an estate
of ATMs, typically on five to seven year contracts, at sites throughout the UK
where there is a demand for cash withdrawal services and where customers are
willing to pay a convenience fee.

The Company differentiates itself from other UK ATM suppliers by offering the
Placement Model, whereby the ATM is purchased by Cashbox under lease hire. The
ATM is FREE to the merchant. The machines are replenished by the merchant,
eliminating the need for third party cash handling costs. The Company also
focuses heavily on post placement marketing backing as well as technical support
and service via its in-house 24/7 helpdesk that is supported by a team of
Cashbox trained and certified personnel.

Cashbox was granted membership of LINK in March 2004, allowing Cashbox to
incorporate its ATMs in the LINK network. Cashbox also has a Bank of England
settlement account and became the first IAD in the UK to become completely
compliant with the Triple DES security standard in June 2004.

The Company is listed on the AIM market of the London Stock Exchange.

Palmer & Harvey McLane

The P&H Group is the UK's number one delivered wholesaler for both the
independent and multiple retail trade with complete nationwide distribution
facilities. Widely considered as the one-stop shop in retail, the service
doesn't end at delivery alone - the P&H Group can provide a complete package to
suit every business.

*870 vehicles making 55,000 deliveries per week
*61,000 customers rely on P&H
*The UK's 3rd largest private company
*9,000 product lines
*28% share of total Tobacco market (54% of the multiples)
*14% share of total Confectionery market
*28% share of total Ice Cream market
*79% of multiple Off Licences are delivered by P&H


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

END

soul* ..... company is a bit small for me and i don't care for the chart much ..... that does not mean to say that it is as high risk as the likes of GOO about which everyone raves (+ of course the raving nutters still in SEO!)

Each to their own - but it's forthcoming orders that are going to make this one fly.

Heading in the right direction over the last few days.

SP up again this morning: CBOX Bid: 23.5p Offer: 25.25p Change: 1

And another little squeeze of the toothpaste tube:

CBOX Bid: 24p Offer: 25.5p Change: 1.25

Ever squeezed the toothpaste and had it spurt out all over the bathroom basin?

CBOX Bid: 26p Offer: 27p Change: 3 678k traded

well done soul* ...... time you had some luck

LOL - thanks Cynic!! Well, it was my birthday yesterday! :o)

Looks like the luck is continuing though: CBOX Bid: 28.5p Offer: 30.5p Change: 3

Only 40k traded so far, though, but what do I read on RNS?

Cashbox PLC - Statement re Possible Offer
RNS Number:5995Q
Cashbox PLC
02 February 2007


Cashbox plc ('Cashbox' or 'the Company')

Statement re Share Price Movement

The Directors of Cashbox have noted the recent movement in the Company's share
price and confirm that Cashbox has received expressions of interest which may or
may not lead to an offer being made to acquire the entire issued share capital
of the Company. The Directors wish to highlight that discussions are at a
preliminary stage and there can be no guarantee that any offer will be made nor
as to the terms on which any such offer might be made.

In accordance with Rule 2.10 of The Takeover Code, Cashbox confirms that it has
61,409,143 ordinary shares of 1 pence each in issue and is admitted to trading
on the AIM market of the London Stock Exchange under ISIN GB00B0ZL4V64.

Enquiries:

Jeremy Porter/Jonathan Wright
Seymour Pierce Ltd
020 7107 8000

Time to go over to CBOX's office and chain myself to the Chairman's Jag until we get at least 50p a share!! :o)

Fantastic! If this carries on, I'll be able to take early retirement by teatime :o)

CBOX Bid: 30.5p Offer: 32p Change: 4.75 563k traded.

So, here's me sitting in the Bahamas, puffing my pipe and reading Saga Magazine.

CBOX Bid: 31p Offer: 32p Change: 5 / 980k traded

really pleased for you soul* ..... hope you also have some TAN which have also taken off today

Thanks, Cynic :o) didn't get in on TAN, in spite of considering it on numerous occasions. was Busy Doing Other Things, as usual

AFX update this morning:


UK smallcap opening - Spiritel edges ahead on Telstra Platinu partnership
LONDON (AFX) - Spiritel edged ahead 0.25 to 2.50 pence following news that the telecoms company's Callplan unit has been made first Platinum Partner of Telstra Europe.

DCD Media hardened 0.09 to 1.02 after the company's Box TV subsidiary won a contract to produce a drama serial for BBC Television. The deal is expected to generate sales of about 5.9 mln stg.

The show, entitled 'The Last Enemy', is the division's biggest-ever project and is expected to air on BBC One later this year.

Again on the contract front, Cashbox rose 2-1/4 to 33-3/4 as the company was appointed sole Supplier of ATMs to motor Fuel Group.

Buyers also came for Oilex, 5-1/2 better at 68 in response to news that surface measurements on the Cambay-72 well in India indicate that the well has started flowing oil and gas.

And speculators targeted Regal Petroleum, 11-3/4 better at 174, as the Sunday Express reported that predators are to move in on the explorer after the 1 bln stg oil find in the Ukraine.

newsdesk@afxnews.com fjb/tc

And the AFX note providing more details of the deal:

Cashbox made sole supplier of ATMs to Motor Fuels Group
LONDON (AFX) - Cashbox PLC said it has been appointed sole supplier of ATMs to petrol service stations operator Motor Fuels Group.

The contract will see the ATM operator initially deploying machines on 15 sites, with potential for more on a further 25 sites.

Cashbox said the ATMs will be placed using its 'Placement Model', whereby a convenience-fee ATM is placed with a retailer free of charge and replenished by them.

Last week, Cashbox said it was in preliminary discussions with outside parties for a possible takeover of the company, but noted that there was no guarantee any offer would be made. newsdesk@afxnews.com jr/tc

Today's order may not sound like much compared with the recent announcements such as Palmer & Harvey, but the good thing about this one is that it is a deal being done directly with the owner of the potential aTM sites, and the size is such that it ought to be filled quite quickly. The P&H deal will require P&H to roll out the ATMs to its customers and will therefore take time.

15 new ATMs represents an increase in the number of ATMs currently deployed of over 1%. Clearly if the roll-out is successful, then Motor Fuels Group will also consider rolling out to the remaining 25 sites.

CBOX Bid: 33p Offer: 34.5p Change: 2.25 232k traded

CBOX Bid: 33.5p Offer: 35p Change: 2.75 378k traded.

I'm up 43% since mid-December, having bought at around 23.25p. And still I'm on my own here :o)

A bit of profit-taking today following the strong run of the last couple of weeks.

CBOX Bid: 32p Offer: 33p Change: -0.5

Header edited.

More profit-taking. CBOX Bid: 27.5p Offer: 29p Change: -1.75

Late news on Friday:

Cashbox PLC - Statement re. Press Comment
RNS Number:9883Q
Cashbox PLC
08 February 2007


Cashbox plc ('the Company')

Statement re Press Comment

The Company notes recent press comment regarding the ongoing litigation between,
inter alia, Hanco and Cashbox ATM Systems Ltd ('ATM'). The Company confirms that
on 29 November 2006, summary judgment was handed down against Carl Thomas, the
Company's CEO, and ATM relating to certain claims forming part of the litigation
and an interim award application has been made by Hanco. ATM and Carl Thomas
intend to appeal the summary judgment and will vigorously defend the interim
award application. The next hearing on the case is currently expected on 21
February 2007.

It should be noted that as set out in the Company's Admission Document dated 24
March 2006, an unlimited indemnity, in favour of the Company and ATM, has been
given by Anthony Sharp, Chairman, and Carl Thomas. The further indemnity from
KKR Investment Management SA has not yet been put in place.

For info.


Cashbox facing 2m damages claim from Hanco

Independent ATM operator Cashbox has been hit with a 2 million damages claim from Hanco, a cash machine vendor owned by the Royal Bank of Scotland, according to a Financial Times report.

Cashbox was set up in September 2003 by Carl Thomas - a former sales director at ATM firm Hanco which was acquired by Royal Bank of Scotland in 2004 - and his brother Matt. The firm floated on the Alternative Investment Market (AIM) of the London Stock Exchange (LSE) last year.

Cashbox said last week that it had received an early stage bid approach that could lead to an offer for the business.

According to the FT report Hanco launched proceedings three years ago against Cashbox and Carl Thomas.

The report, which cites Cashbox's prospectus, says the firm is warning of "significant claims" from Hanco, including an allegation that Thomas "diverted a business opportunity from Hanco to Cashbox, namely a contract for the installation of ATMs with Thresher Group".

A summary judgment in Hanco's favour was handed down by the Masters' Chancery Division last November. The courts ruled that Hanco is entitled to summary judgment on liability against Thomas in respect of breach of contract and breach of fiduciary duty, says the FT, as well as against Cashbox in respect of its assistance in bidding for a contract to supply cash machines to Threshers.

Thomas and the company are appealing against the judgment.

Hanco is seeking damages of 2m and is also claiming costs thought to be more than 1m, says the FT.

The case will be heard in the High Court on 21 February 2007.

Ouch! That's quite some claim!

one would assume that the potential bidder was already aware of this case .... if not, then he was pretty dozy! ...... i would also assume that the summary judgement awarded 2m, though that is not at all clear .....

while CBOX may be appealing, i would have thought their chances of overturning the judgement are very slim, as summary judgement not implies that the charge was uncontested but also that it was cast iron.

CBOX must surely be liable for both parties' costs

CBOX really ought to give better guidance and clarification ..... though the court papers must be in the public domain if anyone knows how to access them.


soul* ..... have you taken any profits off the table? .... do hope so

Hi Cynic, thanks for your thoughts. Actually I am thinking of selling this one altogether and getting well out of the way while this court case continues.

If judgment goes against Cashbox, the SP could slump and create a bargain for a bidder, but would not do my profits any good. I think I'll use the cash from this to finance my pop at HaiKe if it goes ahead.

Dumped it! Made only about 7% profit by the time all was said and done, but rather that than a loss, and it ain't bad for two months!

Will watch and see how the court case turns out.

ST
you've done the right thing as the pending court case may well have the share price behaving very erratically.

Well done, at least, on a 7% profit over 2 months - still outperforming the vast majority of the overpaid City fund managers !!!!

Ian

ps - did you ever get into GSH ? The fun has only just begun ;o)

Thanks very much, Ian; good to have my thoughts confrimed! Thanks too for the mention of GSH - have seen the rise but not had time to look into it. However, am looking for new prospects, so will try and give it the once-over

PS - Ian, have you looked into HAIK, due for IPO tomorrow? Could be quite a performer.

Oh dear.........


Cashbox PLC
13 February 2007


Cashbox plc ('Cashbox' or the 'Company')

Director Shareholding

The Board of Cashbox was notified yesterday of the following transactions by
Carl Thomas in the ordinary shares of the Company:

Date Aggregate number Aggregate number Average price
of shares bought of shares sold dealt at
03/01/07 34,662 55,000 25p
04/01/07 5,000 70,000 24p
05/01/07 25,000 50,000 23p
08/01/07 42,972 104,349 23p
09/01/07 2,957 60,475 23.5p
10/01/07 0 7,000 24p
11/01/07 0 40,000 25p
12/01/07 0 90,575 24p
15/01/07 0 104,836 23p
16/01/07 41,071 78,583 23p
19/01/07 41,232 22,887 20.5p
23/01/07 0 72,111 18p
24/01/07 0 64,486 20p
25/01/07 0 68,234 22p
26/01/07 110,000 143,795 21p
29/01/07 0 94,752 20p
01/02/07 0 71,256 24p
05/02/07 0 38,750 33p
06/02/07 0 156,892 31.5p
08/02/07 0 127,492 27p

Following these transactions Carl Thomas now holds 4,241,421 ordinary shares in
Cashbox plc, which represents 6.91% of the issued share capital.

The Board of Cashbox is investigating the circumstances surrounding these trades and in the meantime Carl Thomas has been suspended from his duties as a director of Cashbox plc.

Carl Thomas

CBOX looks like a dodgy company now with litigations and questionable dealings by the CEO Carl Thomas with his embarrassing suspension.

Keep away from CBOX and SELL!!!

Glad I acted upon the feeling in my water and sold this p.m.

did it before the worst of today's drop too!

Well done ST, glad you got out safely !

Don't touch this one with a bargepole at the moment.

Ian

unless short! ...... take off the stacked heels!!

Thanks everyone for your tips and feedback !

Cynic, I never take off my stacked heels :o)

BTW, HaiKe (HAIK) looking adventurous this morning having already bounced over 50% above issue price. PDYOR.

SP going from bad to worse at the moment. You never know, may turn out to be a
good recovery play! (Did I say that yesterday, too?)


CBOX Bid: 19p Offer: 19.5p Change: -2.25

Somebody offloaded 335,000 at 10p this morning!

CBOX may go to below 10p then

not sure; it climbed back up pretty smartly after the big trade went through yesterday.

A lot will depend on the outcome of that court case; after those dodgy share trades and suspension of the CEO, that scenario doesn't look at all promising!!

Todays Sunday Times :

http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article1433832.ece

February 25, 2007

Cashbox and a strange case of business suicide

Ben Laurance reports on a web of deceit that has left the worlds leading cash machine supplier in turmoil......................................

Some price action here at the close. Any ideas?

Bad news again...

The company reported a pretax loss for the period to Dec 31, 2006 of 1.63 mln stg compared with a loss of 927,000 stg on steep administrative expenses which rose to 2.15 mln stg from 1.27 mln stg in the year-ago period.

I don't hold this share, and won't but on a quick look at the map there is a pronounced head and shoulders suggesting another 8p drop.

You'd definitely want to play a wait-and-see game before considering getting involved with this one. Too many uncertainties surrounding financing, litigation, etc, which is a pity as the underlying business is a good one.

and probably not possible to short anyway

Mkt cap is 12 mil, so might be a bit difficult.

thinking of buying some as sp is so low.....anyone still in ? any views good or bad?