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French Connection - More cash than you need! (FCCN)     

JRM - 03 Jan 2012 14:10

I know it's retail, but I'm getting a touch frustrated with this one.

1. They have £30 million in cash and only worth £39 million. They should make profits of over £8 million this year.

2. There is a global brand name.

3. The Directors could buy the shares they need to take the company private with the cash the company has in the bank -Wow that would equate to a 50% rise in the share price!

JRM - 04 Jan 2012 10:14 - 3 of 25

When did a market price ever accurately reflect a situation? If it did there would be no bargain or overpriced company!

JRM - 04 Jan 2012 13:05 - 4 of 25

Does anybody know when the trading update will be?

skinny - 04 Jan 2012 15:53 - 5 of 25

Financial Calendar.

JRM - 12 Jan 2012 15:43 - 6 of 25

Ok, retails dead, so why are they up today. Love em!

JRM - 13 Jan 2012 12:40 - 7 of 25

Thanks for that. It's a long time of March!

Chris Carson - 13 Jan 2012 13:04 - 8 of 25

JRM was about to join you for a punt and go long target 60 stop 25. Cap Spreads have a telephone call only on it, when I rang them they informed me they are removing this stock from the platform so not accepting any more trades. No sense of humour eh :O) Not sure that is a good sign or not but good luck anyway.

JRM - 18 Jan 2012 09:58 - 9 of 25

We're off!

Chris Carson - 18 Jan 2012 10:18 - 10 of 25

Maybe should have opened an account with IG, going well.

JRM - 18 Jan 2012 12:09 - 11 of 25

Is there any reason for the rise?

Chris Carson - 18 Jan 2012 12:46 - 12 of 25

Chart.aspx?Provider=EODIntra&Code=FCCN&S


Not really JRM, trading statement 03/02. Other than that no idea, probably just a dead cat bounce or rumour of a bid. Good luck with it.

JRM - 19 Jan 2012 13:18 - 13 of 25

More buyers than sellers today. Given more reail doom in the papers there seems to be something interesting going on here!

JRM - 25 Jan 2012 09:49 - 14 of 25

Very positive BUY recommendation in Shares but no impact Ahhhhhhhhhhh!

JRM - 27 Jan 2012 12:29 - 15 of 25

I't going up now!

About time my friends!

JRM - 31 Jan 2012 13:17 - 16 of 25

Over 50p!

JRM - 02 Feb 2012 09:54 - 17 of 25

Have I missed something?

Chris Carson - 02 Feb 2012 10:03 - 18 of 25

Well it was a good call JRM if Caps had been obliging would have been stopped out at the open (limit) target hit 60.0 for + 20. Hey Ho, stick in.

JRM - 02 Feb 2012 14:29 - 19 of 25

Hello,

Just phoned the company they said:

Full year results are planned for 14 March.  That is the only scheduled update at the moment.

Thanks.

So what's happening?

JRM - 02 Feb 2012 14:31 - 20 of 25

Twice as many buys as sells. Nice!

mitzy - 06 Feb 2012 08:33 - 21 of 25

Profit taking today.

JRM - 06 Feb 2012 11:11 - 22 of 25

How cheated do I feel!

Still a decent profit still due, tthe cash pile should be an attraction for somebody!
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