Australian (ASX) Stock Market Forum

CHP - Chapmans Limited

CHP are well regarded but are run by an old-school thinking management team. Change would be very unlikely, steady as we go the turtle always wins the race.

You would have to ask yourself why do INL not list in the States if their head office is there, why do they need to take a photo of the Managing Director of CHP from behind a tree a hundred meters away? And gee if you check out the link below if they can sell 80 acres of land in Airlie Beach for $100m then why even waste their time with the print media, stick to property!

http://www.buytradebid.biz/Airlie_Beach_ForSale.html
 
"The goodwill value of the newspaper mastheads and internet URL's, cartoon characters, television and movie concepts, manuscripts, scripts and books are placed on the books of INL at one billion dollars. With these assets which have been conservatively placed at $1 billion on the books of INL, moved into Chapmans Limited as a back door listing when they take up the option to purchased these assets for only 10 million Chapmans shares will provide a solid argument that Chapmans 100 million issued Chapmans should have a potential value of about $10 a share."

Is this for real? it is 2007 not the midst of the 2000 dotcom bubble, I hold a small amount of CHP but this looks like utter horsesh!t!
 
Chapmans Limited has been on the move recently, climbing from a low of 0.04c early in November to a high of 1.4c today. It is currently trading at 1.2c. The share price increase appears to be motivated by Blockchain mania as the company is pursuing Blockchain investment opportunities. This morning they announced that they are appointing global blockchain industry expert Mike Cohen as Blockchain Industry Advisor which stimulated even more buying.

It will be interesting to see if CHP can continue its climb north in the coming weeks and months. I'll be keeping my eye on this one. Anyone know more about it?

screenshot-shareinvesting.anz.com-2017-12-01-10-00-10.png
 
On April 29th, 2019, Chapmans Limited (CHP) was removed from the ASX's Official List in accordance with Listing Rule 17.11, after security holders resolved to remove CHP from the Official List.
 
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