Ripley94
10 Jan 2020
The company taking over CMBN CTH… XXXX Getting the ticker mixed up on this one with CTEC.
Ripley94
01 May 2019
The company taking over CMBN CTH… XXXX Still at same level 4 1/2 months on . Four season care homes went bust yesterday sector struggling it appears. ( Glad it was not this one when i heard Nick F on radio banging on )
Ripley94
26 Oct 2018
The company taking over CMBN CTH… RNS… In line with market expectations . ( little W was reference to chart ) in ( D )
Ripley94
24 Oct 2018
The company taking over CMBN CTH… XXXX New shares appeared in acc yesterday and some cash from CMBN takeover i did not realise it would be so soon after sale of most of my CMBN. In hindsight with markets tanking would of been better to wait for the 16 days and buy new targets at lower prices. Guess that is what the buyers of mine did lol
Ripley94
07 Oct 2018
The company taking over CMBN Share price was 378p at time of offer 24 July now 370p
Uncle Doug
01 Mar 2018
Re: Anybody here? Thanks for your views. With 1 in 4 NHS hospital beds taken up by older people with dementia / Altzheimers who can't get released back into care homes it seems a market that should be tapped into. I'd think that a % of CTH's homes cater for such people but as you say I need to take the time to research more. BTW - round where I live - East Midlands - the vast majority of old age residential care homes are these big houses with 6 - 15 beds rather than big sites.What price you looking for to get back in?
claude reins
28 Feb 2018
Re: Anybody here? First of all, they are not into care of older but care of people with disabilities, mental and physical, principally the former. They are also historically a very acquisitive and enterprising group ad here has been nothing of note recently.They made a big jump in SP in 2016, pretty flat in 2017, raised a big slug of capital in December 17 and are ready to go on the buying spree agaun soon. When they do add to their portfolio, they are relatively small companies previously run by individuals. When they add organically, then it is a large house with say 15 beds; they dont go in for big institutional blocks like older age care facilities. My advice is go into their website and learn about them; thye are consummate professionals. Read several of their recent interims and final reports, and you will appreciate what a quality business they are.With a PER of around 10 and a PEG of 0.6 it could be time to into them again. I have been a holder and may well be again. Im kind of talking myself into it!
Uncle Doug
28 Feb 2018
Anybody here? Wondering if anyone had any views on prospects of CTH. It seems from the BB that stock is not followed very widely. I was thinking of having a punt as councils are now allowed to raise more tax and I think a lot of this will go on care with an ageing population.Anyone know why the big spread between bid/offer price? It's showing at 395/409 - you'd need 4% rise just to break even. Huge spreads like this put me off.
II Editor
19 Jun 2017
NEW ARTICLE: Unstoppable Caretech worth a fiver "A subject close to many people's hearts, social care is rarely out of the headlines, often for all the wrong reasons. Most recently, the topic generated headlines during the recent general election campaign and Theresa May's manifesto gaff.With ..."[link]
claude reins
24 Mar 2017
Another great placement Extra 20% of shares. Small discount. Oversubscribed. This company does all the right things in a market where continuing improvement is vital, and reputation is critical. They are the best. they grow in bite sized chunks, and must be a dream for local authorities whio have to look after some of the most vulnerable people in society. If a company like CTH can make a positive difference and effectlively take the load of the LA's hands, that must be great for the LA. They also raise the standards in the quality of their employees through qualifications etc. Again, what a reassurance to the LAs and also tho the relatives.I would guess that the Board have already spent this money in their own minds, and will be back for more. That is not a problem. Grow by acquisition and organic improvement in bite sized chunks, absorb the acquisitions carefully, and then grow again. Do not stretch the finances or the resouyrces of the management and staff team. Take it all in your stride. That is what they are doing, and may they continue to do so.For us, as investors, the divi is modest but the capital growrth has been very satisfying. A core holding in my portfolio. I am consideting adding to that holding, which I have done several times on the way up.
claude reins
07 Mar 2017
Sorry for the double statement! Still regard it a strong buy, even after such SP growth in the last year.
claude reins
07 Mar 2017
Anybody there? AGM statement Not very different from last year's statement, and see what has happened to the SP in that time. Althpugh this is a very grafgmented market, CTH stand head and shoulders above the rest. They are the true professionals. If anyone can think of another in this very specialised field, then please let me know!Unlike the general care of the elderly, the local authorities have little alternative but to provide for the type of client CTH specialise in and manage so well. They - the cleints represent a much smaller element of their responsibilities than the behemoth of care for the elderly - that they must be delighted that here is a highly professional organisation to frankly take the worry aeway. Do they worry about bad PR from a company like CTH. I think not (though I am touching wood, after listening yesterday to a covert recording of some careworkers' behaviour towards elderly people living in their own homes). Therefore, they cough up, and gratefully.As for the fragmented market, clearly from their acquisition programme over the last year and their continuing development of existing premises to cater for higher value client opportunities, there is a lot further to go. The constraints are that they grow effectively, absorbing and integrating the ones they take over. Also, they have rthe cost constraints of the capital required. Last year, they had pulled the rabbit from the hat with the ground rent scheme. These dont come round too often. I believe that they will come to the market agian and ask for more cash and that they will get what they need. This may cause a ST hiatus in the SP, although their reputation and results are second to none so they should not need to have a significantly discounted placing or rights issue. They should be able to grow and grow and in my view they are one of the long term bets for my steady portfolio element.They could support a bigger dividend in my view - more than 3x covered. They have a PE of around 10, a PEG which hovers around 1, but with acqusitions could go below 1; they have a Stockopedia stock rating of 98 (out of 100!); of the 3 brokers rating them, 2 regard them as a strong buy and 1 as a buy.All in all, they are a company that does the small things very well lots of times, thus making for a substantial company with lots of add on opportunities. They demonstrate that it is not unfair to make a reasonable profit from healthcare, especially when they are creating safe and reasonable opportuntiies for life enhancement for the less fortunate in our society, in no way the fault of their own. The local authorities who employ and reward them seem to have come to the same conclusion. The Stockopedia rating would be 100 I believe if they had not shown such SP growth in the last 12 months. In my view, they have come out of the shadows and investors are finally recognising that they operate as true professionals in a potentially difficult market but one where they is almost infinite growth opportunities.
claude reins
07 Mar 2017
Anybody there? AGM statement Not very different from last year's statement, and see what has happened to the SP in that time. Althpugh this is a very grafgmented market, CTH stand head and shoulders above the rest. They are the true professionals. If anyone can think of another in this very specialised field, then please let me know!Unlike the general care of the elderly, the local authorities have little alternative but to provide for the type of client CTH specialise in and manage so well. They - the cleints represent a much smaller element of their responsibilities than the behemoth of care for the elderly - that they must be delighted that here is a highly professional organisation to frankly take the worry aeway. Do they worry about bad PR from a company like CTH. I think not (though I am touching wood, after listening yesterday to a covert recording of some careworkers' behaviour towards elderly people living in their own homes). Therefore, they cough up, and gratefully.As for the fragmented market, clearly from their acquisition programme over the last year and their continuing development of existing premises to cater for higher value client opportunities, there is a lot further to go. The constraints are that they grow effectively, absorbing and integrating the ones they take over. Also, they have rthe cost constraints of the capital required. Last year, they had pulled the rabbit from the hat with the ground rent scheme. These dont come round too often. I believe that they will come to the market agian and ask for more cash and that they will get what they need. This may cause a ST hiatus in the SP, although their reputation and results are second to none so they should not need to have a significantly discounted placing or rights issue. They should be able to grow and grow and in my view they are one of the long term bets for my steady portfolio element.They could support a bigger dividend in my view - more than 3x covered. They have a PE of around 10, a PEG which hovers around 1, but with acqusitions could go below 1; they have a Stockopedia stock rating of 98 (out of 100!); of the 3 brokers rating them, 2 regard them as a strong buy and 1 as a buy.All in all, they are a company that does the small things very well lots of times, thus making for a substantial company with lots of add on opportunities. They demonstrate that it is not unfair to make a reasonable profit from healthcare, especially when they are creating safe and reasonable opportuntiies for life enhancement for the less fortunate in our society, in no way the fault of their own. The local authorities who employ and reward them seem to have come to the same conclusion. The Stockopedia rating would be 100 I believe if they had not shown such SP growth in the last 12 months. In my view, they have come out of the shadows and investors are finally recognising that they operate as true professionals in a potentially difficult market but one where they is almost infinite growth opportunities.
TuscanNutter
02 Feb 2017
Top Aim Performer My SIPP CFM has added £20k to my portfolio. GLA
oldjoe1
05 Jan 2017
Re: CTH, Breaks Out Again......... just found this but not a member......Just tipped here -Top picks for 2017 - [link]
