MrMeerkat
14 Aug 2015
Re: Bought in today Hello CasaI bought some CNKS in early July and, after an initial lift, I'm disappointed to see them sink. The financials look really good to me - good revenue and earnings growth, excellent ROCE, ROE, op margin, free cashflow and balance sheet. I had to try really hard when doing a DCF valuation to bring implied intrinsic value DOWN to market value - not often I can say that. I guess the lumpy nature of their business is a negative factor, and I fear their NOMAD role with Quindell will have done their reputation no good recentlyNonetheless, I have also been looking to top up on current weakness but my buy limit order hasn't quite triggered. Maybe next week ...MM
casabanker
14 Aug 2015
Bought in today I was surprised to see CNKS priced at 170 today so I have bought some. From what I can gather, the EPS should be alright for this year and the dividend level should be sustained. Casa.
sansione
16 Jul 2015
Re: Topped up again Price will probably languish until dividend time.
Greyinvestor
16 Jul 2015
Topped up again Added a few more of these @ £1.78. Still good value, in my opinion.....
Broncomaniac
29 May 2015
Re: Dividend No the 10% tax is just notional, in leau of the Corporation Tax that CNKS has paid.It doesn't get deducted from your dividend, but you can't get it back either! You can just forget about it.
Damp Seaweed
29 May 2015
Dividend This is the 1st dividend that I have received from CNKS. I seem to have been paid 10p /share. Should there not have been 10% tax deducted ?The shares are in an ISA so I have no further tax to pay anyway
Broncomaniac
28 May 2015
Re: Topped up again My dividend has arrived, so should get reinvested in the next day or two. Not willing to increase my weighting beyond that at this stage though.
Greyinvestor
28 May 2015
Topped up again Topped up again today. This is like the early days of the CGL board, a lonely furrow.......
Greyinvestor
08 May 2015
Valuation The valuation of CNKS is amazingly low.Current assets less all liabilities = £37 million.Company valuation = £111 millionSo you are paying £74 million for a company that is projected to make £21 million in a brilliant year, or £9 million in a bad year.That's what I call good value..........a P/E of no more than 8. Seems like adequate compensation for volatility.......
Galahads Apprentice
08 May 2015
Re: Topped up again Joined you again .. Nice to also see the 50 day Moving up towards the 200 day so if it keeps going we'll have a Golden Cross ... which would b
Greyinvestor
08 May 2015
Topped up again Topped up again, to console myself with TTR moving beyond what I wanted to pay......
Galahads Apprentice
06 May 2015
Re: Topped up I'm certainly no expert and at the speed they've dropped, I guess there could be still a bit more, (even as far as 37's, though hopefully not!) but I've hopped with a modest amount and will add if they drop further as I feel they should come back before too long to at least mid/high 60's -. my opinion is very much a novice one - good to hear back from you.
Greyinvestor
06 May 2015
Re: Topped up I noticed you on the TTR board. I stupidly sold out at around 37p and am wondering whether to buy back in, thus proving my hopelessness!
Galahads Apprentice
06 May 2015
Re: Topped up Hello 'Greyinvestor' .. I think your call is pretty good so have joined you with a top-up .. let's hope it's only a small stone, or a small stone attached to a large balloon!
Greyinvestor
06 May 2015
Re: Topped up Either that or it's me buying. They usually fall like a stone after that!
