Crawshaw Share Discussion Threads

[evil_doctor_facilier] 16/9/2016 10:52

Shamelessly Mr hangman, all the big supermarkets buy a lot of halal and kosher meat from animals that have not been pre-stunned before having their throats cut.
It is done without telling the customers.
London-based Haji Babab Halal Meats kills without stunning and supplies all the above supermarkets.

It is an affront that this be done without informing the customers...

Figures suggest that 70% of all New Zealand lamb entering this country is Hal Hal.

Quite nefarious in my opinion. Buy British !!!!!!!!

[montyhedge] 16/9/2016 10:38

Any company reliant on the weather for good profits I give a miss to. To blame brexit is a very poor excuse.

[mr hangman] 16/9/2016 10:20

I only bought a few 1000 shares here, because i liked the model, & because of the
internet there are plenty of free shops at cheap rents on the every High St,so the
roll out could be decent & quick, but in all honesty how much meat are they going to sell in towns like Burnley,Bilston,W Bromwich, Leicester etc etc, where even 20 years
ago most the residents ate Halal...

[bprofit] 16/9/2016 10:04

The model has been working quite well for the last few years and supported them opening 40+ stores, don't see it just stops over night. I do admit the reasons they gave for the slowdown seem poor. But far to early to write them off, the interims will shed more light.. There has been no change in the plan to open up to 200 stores over next few years.

[salchow] 16/9/2016 10:01

A friend mentioned a Crawshaws opening in his town a year ago and said that people were queuing outside. I looked into the company but couldn't see the share price as being anything other than ridiculous. Last weekend I visited my friend and walking past Crawshaws asked if it was still busy. He said they didn't seem to have the same number of customers. Looking in the window they were advertising that people could buy £2 savings vouchers to cover future purchases. No disrespect to people with little money but it doesn't give me any encouragement to invest in a public company that needs to make such offers.

It is a long time since I dealt with any butchers but in those days they were mainly privately owned and it seemed a lot of hard work for not a lot of money although I got the impression there was money going into their back pockets and indeed I represented more than one such butcher when investigated by HMRC. Whatever else they may have had out on the side they didn't seem sorry to eventually get out of the business.

[castleford tiger] 16/9/2016 09:58

100% CORRECT.

Colin Crawshaw back working for them. I missed that.
tiger

[evil_doctor_facilier] 16/9/2016 09:31

hxxps://www.yelp.co.uk/biz/a-w-bacon-and-sons-retford

If any one cares to go to Retford on their travels, Crawshaw is opposite a destination store rather like Tiger talks about called Bacon and sons.
It is rather expensive compared to Crawshaw but it has a reputation for quality of local meat, bread and cakes and has been trading for ever.
Every single time i walk past both these stores, one is full and the other one is almost empty.
At the end of the trading day, one has sold out of almost everything, the other is hawking joints of meat by shouting offers to passers by on the pavement.

Clearly Tiger is correct in his observations here. The en masse High street shop format is lame, fatally flawed unless you have a wonderful reputation like say bacon's. This can not be replicated in quantity by a high street chain!
I would not be surprised to see in the next 18 months closures of maybe some Craw High street stores.

The out of town destination store offering both quality and variety of other produce like a bakery is the only way i can see Craw surviving.

[castleford tiger] 16/9/2016 08:59

Hydrus
That's my reading of the situation.

I always had doubts of developing a chain.

It failed 25 years ago when the High Street was busy.

I could never put this in the Greggs family.
One is mainly buy and eat ,one is take home.

People shop in Supermarkets for bulk purchases, Just a bit of impulse and top up bought on the modern high street.

Tiger

[hydrus] 16/9/2016 08:36

B profit I'm afraid that's not right - they have not discovered a new shop model that works better - it's just that the lynchpin of their strategy, namely high street shops with food to go, is not doing well and they are now considering whether to just stick to out of town butchers, a format which they have had in their portfolio for a long time. That's a pretty big change! This could have been a new Greggs but not anymore by the sounds of it.....

[bprofit] 16/9/2016 08:18

Tiger, I disagree that they are saying the model needs to change, they are saying like for like sales are down and they have some measures which they are confident can address this...Meanwhile in the wider group they have found an adjusted store format is providing greater profitability which they will look to expand on. They have not ever said they will stop what the others stores are doing, which for several years has proven very successful, these new stores will run in parallel.. It can only be a positive sign they are testing store formats to have found this out.

[knigel] 16/9/2016 08:08

So why did the share price reach 82p?

[castleford tiger] 16/9/2016 07:50

I disagree strongly with those that think this is a blip.

They are saying they MAY have to re think the whole growth phase here.

I am sure they will. That will involve a huge amount of costs and a new direction.
The company is grossly over valued at approx. 1/2 million per shop making 100k each at best.
I actually think the trade side makes more money and makes retail look good.

Think very carefully as cutting margin to improve LFL is their only way forward?

I think not. Meat outlets and walk from the secondary high streets as people don't carry meat very much.
Prices still firm so added pressure on margin to add in.

Very dangerous times.
Tiger

[evil_doctor_facilier] 15/9/2016 23:59

silence......what a surprise...
He's off to bed, if he has an enema he could sleep in a matchbox..

[evil_doctor_facilier] 15/9/2016 23:47

Tell me how newspaper editors are not prosecuted for insider dealing for publishing takeover stories or profit warnings in advance? How do you know that i am not press?

Because what you'r saying is that they are insider dealing when doing so!
So please use your' industry expertise' on explaining that for me why don't you?

You are clearly wrong , but will you ever understand that> Very doubtful.
Just keep posting the same moronic half misinformation and half your misunderstanding and keep up the charade, and try and carry it through. ehh.

[evil_doctor_facilier] 15/9/2016 23:43

Why will you not answer any of the questions, if your so clued up?
Just answer the questions for once please!!!

[eburne1960] 15/9/2016 23:41

Unfortunately for you dopey, I work in the industry and have to be up on these things, so bad luck, you picked on the wrong person to lecture. Now for some reason you're making me quite soporific, so I'm off to bed. Night dopey!

[eburne1960] 15/9/2016 23:03

oi dopey dr: try and keep your inane chatter on the relevant thread there's a good chap, I'm sure other boards don't want to read your whining.

Now in answer to your post:
I'll be very happy to when I return from holiday - though no doubt you will still question it....
what you still can't comprehend is that I have not moaned or called you dopey about the profit warning, or your (probably lucky) guess the day before it. What I find dopey is your reaction to being corrected on a regulatory issue - and you have the cheek to query my age?

ps. you are also obviously dopey in that you don't realise that virtually all the historic posts you pasted are directed at the same individual on different boards - do keep up!

[knigel] 15/9/2016 22:59

Good evening Battlebus - I was thinking earlier who it was I used to talk to here 3-4 years ago back when the share price was (I think) stuck at 5p (!!) and then you post tonight. So you eventually did bank your profits here a while back because you were a long term holder...? I sold out a while back too and could have made a bit more as the share price continued to rise.
I hope not too many long termers are still here and got caught out - and for newer investors I guess the decision now is whether to cut and run or hold on for a possible gradual recovery. I will monitor for now but might be tempted back in if the share price goes down further towards 35p - directors need to buy shares now ... if they really believe and expect to turn this around GLA

[evil_doctor_facilier] 15/9/2016 22:49

He should rename it joey deacon's small cap report...

[discodave4] 15/9/2016 22:36

From today's Stocko small cap report:"Incidentally, I have to comment on the sharp fall in price yesterday, just before today's profit warning. Clearly some insider dealing going on, which is depressing to see, and reflects very badly on the company itself. Confidential information on trading must not be allowed to leak out, otherwise it creates a false market.Rumours on advfn are that someone's mate at Crawshaw's HQ told him before today's RNS, that LFL sales are down 5%. So that would explain the selling yesterday. However, it also means that head(s) need to roll at Crawshaw, to make sure that staff do not leak confidential information to their mates in future, if that is indeed what has happened."hTTp://www.stockopedia.com/content/small-cap-value-report-15-sep-2016-nxt-craw-frp-ind-150426/DD

[playful] 15/9/2016 21:47

It's a good company and I for one will stand by them...although I'll be expecting a show of support from certain Directors.

It's where the rubber meats the road that counts...