Camkids (CAMK)

Camkids (CAMK)

Blog posts

Telecom Plus and Camkids – Creative Accounting and Pay Issues

Telecom Plus (TEP) held their AGM yesterday (12/8/2015). The company provides a complete range of utility services - gas, electricity, broadband, fixed line and mobile phones via a "club" concept promoted by a network of self-employed (mainly part-time) distributors. They offer competitive pricing and an efficient operation (I am one of their customers as well as being a shareholder). The share price of this company has gone from near 800p up to well over 1800p and back down to below 800p ...

Essar Energy and Camkids – spot the connection

Essar Energy (ESSR) is a FTSE-250 Indian oil company where minority shareholders are none too happy about a proposal from the majority owners (the Ruia family) to make a bid for the company at 70p. It floated at 420p in 2010 on the London Stock Exchange and joined the FTSE-100, but it has shown substantial losses in the last two years. Standard Life has described the move as "cynical opportunism" and seem to believe that the offer undervalues the future prospects ...