Crawshaw Share Discussion Threads

[mcmather] 21/10/2016 11:08

It's obviously not London but in a similar fashion, even the traditionally poorer areas of the city are seeing house prices increase and this including West / Gorton but, as stated above, the prices for the factory shop will need to be pitched accordingly and, if so, the shop should do very well.

13 July 2016 - But now in a recent study it has been found that West Gorton and Ardwick have seen house prices rise by the second fastest rate in Greater Manchester since 1995, only beaten by Moss Side.

In the past 20 years the average property price in the area has risen by 494 per cent, from £22,494 to £133,750.

[castleford tiger] 20/10/2016 18:11

Still time to get some serious money back here by selling.

Its not going to happen and better say it now than when its too late.

Still massive over valuation built on hype.

If playing here do it with what you can loose.

best tiger

[hydrus] 20/10/2016 17:56

The CEO not buying shares was a red flag that I raised on here but perhaps foolishly I continued to hold my shares, reaping the consequences. Won't make that mistake again, if the guy at the top isn't prepared to back the company then why on earth should anyone else.

[optomistic] 20/10/2016 17:50

Gawd playful, that makes Gorton look really bad. I do hope that their is a better side to it. Even so the people have to eat, just hope that they are able to pay for it and not steal it as I often, even today, have experienced in my home town of Barnsley...Shoes were the target today, quite blatent, but if you report the theft nothing is done about it.
Luckily for Crawshaws the thieves are mostly weaned on rubbish meals so Crawshaws meat is low on their priority of theft.

[playful] 20/10/2016 15:48

Perhaps it is just me but I don’t think setting up a factory shop in a place like Gorton is a good idea.

[mcmather] 20/10/2016 13:12

Thanks tadders, much appreciated. Be interesting to see whether Gorton does as well as West Brom with them both being 'factory' shops. Not a spectacular amount of money around Gorton and so if pitched right, hopefully, all will go down well.

[tadders2] 20/10/2016 12:07

Let's hope so. About time CEO bought some shares.

[tadders2] 20/10/2016 12:07

Let's hope so. About time CEO bought some shares.

[optomistic] 20/10/2016 11:46

Possible that they are quietly absorbing stock for a large buy order?

[tadders2] 20/10/2016 11:38

Yes...I wondered about that. Would have thought that the share price would have fallen further.

[optomistic] 20/10/2016 11:32

A couple of pretty hefty sells there, very close together...no effect on the share price which is unusual for that size of trades.

[optomistic] 20/10/2016 10:01

Perhaps Noel doesn't realise that shareholders can be customers as well. Certainly if I went to the shop opening I wouldn't come back without some meat.

[mcmather] 19/10/2016 22:24

tadders, are you able to elaborate upon yesterday's telephone conference call?

[playful] 18/10/2016 23:18

Noel has no experience of retail shareholders so don’t expect open arms, we need to help encourage him a little in the right direction.

[tadders2] 18/10/2016 11:43

Hi davidosh

They didn't seem greatly enthusiastic about shareholders making a day of it. Never the less an interesting phone conference yesterday. Thanks.

[davidosh] 18/10/2016 11:08

The next store to open which will be the 50th is scheduled to be Gorton a factory store in Manchester likely to open in the first week of November. My youngest son has just started Uni three miles away so I may pop up to see that one at some point pre Christmas

[master rsi] 17/10/2016 15:43

36.25p +1.00 (+2.84%)

A large size buy 50K has moved up again the share price

5:31:46
36.30
50,000
£18.15k

[mcmather] 17/10/2016 10:15

Research from the market information group NPD suggests Brits are increasingly grabbing their first meal of the day out of the house...

But the growth in the breakfast market is not just about fashionable cafes, upmarket coffee shops and bakery chains. Places like Greggs, Wetherspoon pubs and McDonald's, as well as hotels, have really upped their game, says Ms Read...

NPD's Cyril Lavenant says: "Coffee is the driver of everything..." Hmmm.

[master rsi] 16/10/2016 23:31

Slowly but surely is moving higher

[mcmather] 15/10/2016 14:41

Tiger, I think it might depend on what your product is.

Many years back I did a 'business studies' course and the tutor asked who would give up work if you still got the same wage / money? Initially everybody said yes, of course, before it was eventually just one left - me, I play golf! - when most realised you'd probably be bored quickly cause you'd have no more money than you do now (ie you'd still have the same financial constraints re what car you have / where you go on your hols / etc) and everybody else would still be in work in any event.

The main point the fella was trying to make is that we are generally social animals and like to catch up with people at work and outside of work when we tend to spend our wages; eg the pub / hobbies / shopping / etc.

The 'high street' might be long gone and/or full of pound type shops, charity shops, pound bakeries, etc but I don't recall them being as busy (ie the number of people using them) as they are now?

The UK isn't the biggest and so most places of employment are still fairly central; ie town / city centres and folk will inevitably buy their breakfast / lunch / tea, etc, going to / during / coming back from work.

As well as also try to do some of their shopping at similar times.

Crawshaws should not, in my opinion, necessarily be targeting customers spending high numbers (on meat) but just a good steady number of regular customers picking up bits here and there whilst possibly buying something (snack, dinner, etc) from the food to go range.

It might not be massive but if you could get between 500-1000 of such customers each week (at each shop) spending, say, no more than £20 each, they'd not be far short of anything else (customer purchase wise) being profit.

There's plenty of people on the 'high street' during the day; Crawshaws' management just need to ensure they don't treat them like the giddy lemmings that the management seem to have been themselves of late.

[castleford tiger] 15/10/2016 07:59

davidosh

Very true but getting out if sitting on a profit maybe hard then.

I am mega concerned by the "retail" environment.

A certain Giant is building huge distribution warehouses to offer direct to customer service.
The cost of a shop on a high street such as Crawshaws is
rent 40k
staff 200k
Electric 15k
rates 20k

So they need high 50 % gp.
Strip all that out to direct deliveries and you smash the price.

Its coming and fast.
Two examples

Last week two friends out at a dinner wife had a new gin. Like this. Ordered by husband on phone. It was at their house before they got back in under 4 hours !

Friend went on holiday to a rented large house in Portugal. Forgot something.
Ordered 2 pm delivered 6.00 pm following day. The goods were 5.95 !!
Work that out!

As this takes over the towns will become quieter and all will suffer.

Retail is a very difficult area and now we have the huge 20% increase on all European/American/African/ New Zealand meats.

Finally mixing Racing and York outlet up is crazy. The state most leave the racecourse the last thing on their mind is buying meat...........however a few do go looking for a quality Sausage or two!

Tiger