Castleton Technology (#CTP) – recommended offer of 95p per share

Castleton Technology – can there really be a good level of confidence in the material second half improvement it seems to expect?

Previously writing on software and managed services provider to the public and not-for-profit sectors Castleton Technology (CTP), last month I noted it is admitted “trading in HY2019 has been behind expectations”… and even the noted anticipated second half “is not expected to be sufficient to meet current market expectations”. Now results for its half-year ended 30th September 2019...

Castleton Technology – more stench from the stable of Redcentric & 365 Agile…

In June Castleton Technology (CTP) argued “another year of significant progress” and “the combination of a healthy pipeline of new business, together with our new development capabilities and our improved organisational structure, give… confidence for the year ahead and… expect that we will show continued progress in both our financial and operational metrics when we next report”. Now is a next report…

Castleton Technology (#CTP) – trading “behind expectations”, even “confident” of H2 “material improvement” not expected to be sufficient to meet FY expectations

Castleton Technology (#CTP) – FY “expected to be in line with expectations”, “continues to be optimistic”

Castleton (#CTP) says trading in line, March 2016 adjusted EBITDA (aka bullshit earnings) £3.6m

Castleton (#CTP) says Opus vendors make earnout so more cash shares paid out

Zak Mir's Bull Call of the Day No. 1: Castleton Technology: Technicals Point Towards 100p

From technical perspective it can be seen on the daily chart of Castleton Technologies that this has been a steady pair of hands for the best part of two years.

Castleton Technology (#CTP) - Upbeat trading update, believes it has "momentum"

Castleton Technology (#CTP) - AGM to be held on 22 October

Castleton Technology (#CTP) - awards 8.6% of company to directors through options....

Zak Mir's Bull Call Of The Day: Castleton Technology: Trend Channel Target 3.5p

As far as the daily chart of Castleton Technology (CTP) is concerned it can be said to be looking extra strong, given the steady progression for the shares within a rising trend channel which has been in place since the autumn of 2013.

Placement Watch; The odd battle over Castleton Technology

It’s been a strange ten days watching the goings on at Castleton Technology (CTP). From October 21^st to October 28^th the company’s share price over doubled, from a close of 1.05p to an intraday high of 2.3p. This was at 9.30am on Tuesday, immediately before the release of this RNS, in which the directors claimed to know of “no reason for such movement”. They then slightly contradicted themselves by going on to explain they were in discussions with potential acquisition targets, the results of which might result in a transaction “in the near future”, which would be funded by an equity funding. And lo, two days later the same board announced its plan to buy Documotive for £4million, together with  a supporting £5.5million placement. If you thought this news would have smacked Castleton’s share price, well, you’d be right, but only just…