affc21
- 22 Oct 2006 21:30
CCH International is a publicly listed company on the Alternative Investment Market (AIM) of the London Stock Exchange, trading under the symbol CCH. CCH International was established by a team of trade finance specialists and brokers with the aim of providing a range of trade finance products to institutions and corporations wishing to raise finance or to sell on trade receivables either through conventional or Islamic means or through its internet based brokerage facility www.cch-etrade.com.
CCH International offers a variety of trade finance facilities including the purchase of short term trade receivables, forfaiting, the discounting of promissory notes, issuance and discounting of letters of credit, back to back letters of credit, deferred payment letters of credit, discounting bills of exchange , asset backed finance and internet based trade finance broking. CCH International is also a specialist in Islamic Finance and can arrange for Morahaba, Ijara, Istisna and other compliant facilities.
CCH International has offices in England and Germany, as well as strategic relationships in Australia, Bahrain, UAE, Turkey, Iraq and the USA.
http://www.cch-international.com/
Financial calendar (not up and running as yet):
http://www.cch-ir.com/content/investor/financial_calendar.asp
Presentation of 2006 Interim Results (PPT - 1.3MB):
http://www.cch-ir.com/PDF/InterimsPresentationSeptember%202006.ppt#257,2,Presentation Team
2006 Interim Report (PDF):
http://www.cch-international.com/PDF/CCHInterim18.09.06.pdf
affc21
- 11 Dec 2006 12:13
- 37 of 94
CCH managed growth of pre tax profit from 2H 2005 PTP 646,494 to 1H 2006 PTP 1.6m, which works out at an impressive 147% growth over 6 months (that's some growth over 6 month).
Have used PTP (Pre Tax Profit), as it more realistically shows the growth in business activity, since in their last results they paid tax compared to their previous results where no tax was paid. ie growth not distorted by tax.
So if they only achieve growth of 50% in the 2H 2006 from a relatively fixed cost base, they will earn 2.7p per share after Tax for this year (CCH financial year end is 31 December). CCH earned 1.09p in the 1H 2006 (after Tax).
With the share price at 16.5p (mid), then if they were to achieve EPS of 2.7p (after Tax), that would put CCH on a PER of x6.1 for this year (financial year end is 31 December).
If CCH were to stand still (ie no growth) for the rest of this year(2H) they will make EPS of 2.18p which would put them on a respectable PER of x7.5 (at 16.5p mid. share price), for this year 2006.
Plus cash in bank.
However when you take into account the cash in the bank of at least 2.5m at year end (6.7m at present), then the equivalent PER of x5 is surely to low.
affc21
- 22 Dec 2006 13:35
- 38 of 94
Nice rise so far today, I would imagine some large trades to show later.
Hope Moneyplus and Philjeans are still in.
Try this link below, which may go some way as to explaining todays rise in share price:
http://boards.fool.co.uk/Message.asp?mid=10327687
moneyplus
- 22 Dec 2006 14:10
- 39 of 94
Still holding and looking forward to a good year with this one! thanks for the research.
moneyplus
- 22 Dec 2006 14:21
- 40 of 94
Good stuff-now really looking forward to next year!!
affc21
- 22 Dec 2006 14:35
- 41 of 94
Moneyplus - your welcome. Who knows where this share will be at the end of 2007, I would have thought much higher than where it stands at present.
Confidently looking forwards towards the results, which again should give the share price a boost.
affc21
- 27 Dec 2006 09:00
- 42 of 94
Very good start to the day, must be some buying in the background to be shown later on the trades page.
Do you get the feeling that their may not be many shares in the hands of the MM's, considering the appreciation in the share price on Friday through the purchase of a mere 27,500 shares.
moneyplus
- 27 Dec 2006 10:36
- 43 of 94
another good start today.
AdieH
- 27 Dec 2006 16:30
- 44 of 94
Been in since 14p so very happy, seems to be two threads here regarding COH... I will be visiting the Cech stores in Feb so will let you know what I think about our investment.
moneyplus
- 27 Dec 2006 17:37
- 45 of 94
Adie this is CCH-nothing to do with coffee! still well worth you looking into it.
Kivver
- 30 Dec 2006 11:06
- 46 of 94
thanks guys you have convinced me on this one! Are they any closer to releasing more shares. I think it will hold back a little until they do, noticed there is very little instituional interest at the moment. So good to be in before they release them BUT can we be confident they will let some shares go. I will try to get some of these through 'the share centre' when the market opens and let you know how easy/difficult it was.
moneyplus
- 30 Dec 2006 14:38
- 47 of 94
CEO holds about 85% but has stated in past announcements [interims and AGM] that they intend to release part of his holding very soon to increase liquidity and this should give the sp a boost. I'm hoping this will come with or just before the final results. Covered recently by lemming investor and mentioned in the mail yesterday- interest is rising but as you say there are not yet enough shares in circulation for any institutions to get onboard. at least the board are aware of this.
Kivver
- 02 Jan 2007 12:25
- 48 of 94
A 19% spread at the moment, thats BIG!!!! needs to come down before i get in, or do you think 19% will be insignificant in years to come??
affc21
- 05 Jan 2007 14:45
- 49 of 94
Yes Kivver, that spread is hugely off putting when you consider that the share price needs to rise by the same amount to break even. Fortunately I got in before the recent rise.
affc21
- 05 Jan 2007 14:49
- 50 of 94
Moneyplus hope your enjoying the ride, I'm clinging on until results.
Kivver
- 05 Jan 2007 15:23
- 51 of 94
lol, funny enough it has risen approxmately the size as its spread today. If i'd bought a day or 2 ago i'd now prbably be level!! Keeping a close eye.
moneyplus
- 05 Jan 2007 15:56
- 52 of 94
very pleased so far-but I think there's a lot more to come this year!! now buying into DCD as it seems undiscovered so far but a great turn around-any comments??
Kivver
- 08 Jan 2007 09:53
- 53 of 94
Got in this morning and bought a small amount with no problem. Spread now down from 15 to 7.5% (or it was).
moneyplus
- 08 Jan 2007 14:00
- 54 of 94
Looking very good today welcome onboard kivver.
Kivver
- 20 Jan 2007 19:13
- 55 of 94
C'mon chairman release some shares please.
affc21
- 21 Jan 2007 15:37
- 56 of 94
Kivver - we may learn more at the release of next results, certainly hope so myself.