CPP Group

4128 days ago

CPP – The biggest bear squeeze I have ever seen: Evil Knievil

Fully listed CPP Group (CPP) shares have rocketed to 16.5p in what infamous short seller Evil Knievil describes as “the biggest bear squeeze I have ever seen”. Evil, aka Simon Cawkwell, remains short and expects the shares to collapse, but admits that they could easily go higher short term.

4255 days ago

CPP – Two weeks to near total wipeout: Death postponed

Once upon a time AIM listed CPP (LSE:CPP) was worth almost £500 million. And then the merde hit the fan. I advised shorting it at 26.75p last autumn and was again saying it was a sell at 4.625p a week ago. The shares are now 3.92p and this one will be resolved within two weeks and the BEST you can hope for is 1p. This remains a slam dunk short.

4372 days ago

CPP – Now 12-13.75p if you have not closed do so now

As you may remember, I advised shorting this AIM listed financial services group at 26.75p on 21st November on the basis that the chances of a bid for CPP (LSE: CPP) happening were zilch. That was because I had taken the trouble to find out that the putative US bidder (Affinion) had no cash. A week later the bid talks were called off which should have paid for Christmas for anyone who took my advice.

4376 days ago

CPP Group – Bid Off: My short call a 1 week Triumph which pays for Christmas

Those who took my advice to short AIM Listed CPP Group (LSE:CPP) at 26.75p exactly a week ago will be able to collect their handsome winnings by tomorrow morning thanks to an after-hours announcement today. Oh happy days.

4384 days ago

CPP Group: Straight Sell at 26.75p – Bid Won’t happen, Lucian Miers on the case

There are five things that you need to know about AIM listed AIM Listed CPP Group (CPP). None of them should make you wish to do anything other than sell the shares as soon as possible. Firstly the company has just been hit with a £10 million fine by the FSA, secondly its balance sheet is now severely holes, thirdly earnings visibility is nil and finally a takeover approach it says it has received will almost certainly come to nothing. On a risk reward basis that makes the shares a great short at 26.75p – a level which values the group at £46 million. Oh the fifth? My friend the infamous bear raisder Lucian Miers has this down as his top trading short on AIM right now. Lucian is usually right. To the FSA first.