safecracker
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Date I created this information - 5/01/2004
Here goes then - the first share that has caught my eye for 2004.
It's a share which could be "all or nothing" - if you don't like taking risks then take no notice of my thoughts - if you do like the thrill of the gamble, then could this be share to keep an eye on.
The Company : COMELEON (epic COL) - Share Price 3p/4.5p - Market Cap appears to be only around £500k (around 15 million shares in circulation currently according to a recent RNS).
Today, a few buys got the share price rising from 2.5/4p to 4.25/4.5p at one stage, until at the very end of the day the spread widened back to 3/4.5p - are the MM's playing games ??
The company, due to change it's name to Tanfield Group plc in the near future, has placed £1.6million of convertable Loan Stock (2009) and placed 526,300 ordinary shares at the end of last month at 9p (double the current price).
So it looks as though the immediate future should be secured.
Although results last month weren't great, it looks as though with the acquisition of Tanfield Holdings, and the cost cutting brought into force, the Directors are confident of reaching break-even over the coming months.
As always - DO YOUR OWN RESEARCH - DO NOT BUY SHARES ON ONE MAN'S THOUGHTS ABOUT A COMPANY - Share prices CAN go down as well as up. As I said earlier - it could be "all or nothing" - then again, a year ago it looked almost all over for YOO !
Please note that I bought shares in COL prior to the price being pushed up late this afternoon.
Here goes then - the first share that has caught my eye for 2004.
It's a share which could be "all or nothing" - if you don't like taking risks then take no notice of my thoughts - if you do like the thrill of the gamble, then could this be share to keep an eye on.
The Company : COMELEON (epic COL) - Share Price 3p/4.5p - Market Cap appears to be only around £500k (around 15 million shares in circulation currently according to a recent RNS).
Today, a few buys got the share price rising from 2.5/4p to 4.25/4.5p at one stage, until at the very end of the day the spread widened back to 3/4.5p - are the MM's playing games ??
The company, due to change it's name to Tanfield Group plc in the near future, has placed £1.6million of convertable Loan Stock (2009) and placed 526,300 ordinary shares at the end of last month at 9p (double the current price).
So it looks as though the immediate future should be secured.
Although results last month weren't great, it looks as though with the acquisition of Tanfield Holdings, and the cost cutting brought into force, the Directors are confident of reaching break-even over the coming months.
As always - DO YOUR OWN RESEARCH - DO NOT BUY SHARES ON ONE MAN'S THOUGHTS ABOUT A COMPANY - Share prices CAN go down as well as up. As I said earlier - it could be "all or nothing" - then again, a year ago it looked almost all over for YOO !
Please note that I bought shares in COL prior to the price being pushed up late this afternoon.
