Crawshaw Share Discussion Threads

[sefton1] 10/1/2017 10:46

Whatever happened to Davidosh. He has not posted since the poor trading statement. This is one of his tips for 2017 but its not looking so good now.

[27ben] 10/1/2017 10:41

Forsh,

Schroders are activist Investors in the main, so they could be in for lots of reasons.

[playful] 10/1/2017 07:59

Morrisons reporting best Christmas trading in 7 years with LFL 2.9% increase. This tells me the one-stop supermarket shop has been fighting back strongly.

[playful] 09/1/2017 13:09

I will be wearing my “Bring Back KB” T-shirt at the annual AGM

[forsh] 09/1/2017 12:43

Would also assume KB will be selling his shares without much to show for all his hard work over the years and somehow I don't think RR will be the buyer :-)

[forsh] 09/1/2017 12:16

So what was all the volume about ahead of the announcement I wonder, and why have Schroders been throwing more of their money at CRAW, effectively doubling their stake (excuse the pun)? Looks dead in the water to me.

[analyst] 09/1/2017 12:04

Big dump going on.

[mcmather] 08/1/2017 19:26

Some coverage of the TS:

Should you buy Crawshaw Group plc over Cranswick plc?


A confident update wasn't enough to reassure investors in Crawshaw. Shares in the sausage maker halved back in September after it warned of a slip in sales, blaming Brexit and the Euro 2016 football finals for lower footfall.

[mcmather] 07/1/2017 13:15

Interesting piece here from yesterday re Mountain Warehouse - obviously different market to Crawshaws - and their view of the of the high street, how they appear to be targeting the "value" but "functional" end of the market, etc:

[playful] 06/1/2017 23:03

Seriously R.R can turn on a sixpence and wouldn't be surprised to see the big man back...

[playful] 06/1/2017 22:52

I'm very upset K.B has gone but hope he will join me at this years AGM and I'll bring the tomato if he brings the eggs..

[penciles2] 06/1/2017 17:54

Peel hunt target 60p which = appx 60mill market value crazy,which should mean 6 mill profit and 10x earning.they can't produce 1mill let along 6.and Kevin leaving is a massive loss rest haven't got a clue as we will find out.

[skinny] 06/1/2017 14:34

Consistent! Peel Hunt Buy 23.25 60.00 60.00 Reiterates

[mcmather] 06/1/2017 12:17

LFL sales for Feb 2016 to May 2016 ranged between -0.1% to -1.5%.

LFL were then:
June 2016 -9.9%
July 2016 -11.8%
First 7 weeks H2 2017 (Aug / Sept 2016) -15.8%

LFL for the 5 weeks ended 1 January 2017 were -3.8%; ie a 12% improvement in (edit) 14/15 weeks.

It is only for the last 3 weeks or so that the company have started to engage with customers via social media on a regular and sensible level - ie just highlighting their offerings - and this appears to be having an effect.

The company had something going 18-6 months ago, the management then fupped things up but now appear to be getting back on track; "the Board remain confident in achieving full year market expectations".

It's obviously going to be challenging but the recent turnaround, the engagement with customers via social media and the planned 'marketing activity' - hmmm - provide optimism. Details of their strategy around new store openings will no doubt help though.

[castleford tiger] 06/1/2017 10:34

Found it the forecasts.

A million loss this year about to end.
0.75 million loss following year.

Now the store opening has slowed and lfl are going into reverse this is not going to make a profit anytime soon.

tiger

[aleman] 06/1/2017 09:51

Celeritas
6 Jan '17 - 08:54 - 4674 of 4678 0 0
Out of town should do fine, its a destination store.

Thing is, footfall was down everywhere over Christmas, and projections are that 2017 will be harder than 2016. (Next now forecasts a significant profit fall next year.) Shopping centre footfall was down more than high streets over Christmas. It could be weather, internet, economic slowdown or other factors. You would think internet was the biggest issue yet it looks like the US has been hit hard by a similar trend when it has different weather, half the online sales share of the UK (8%+ versus nearly 16%), and does not have high streets like ours. So what is going on? Nobody seems quite sure yet. Discounters Costco and B&M reported good figures so are shoppers moving downmarket as well? I think the economy is beginning to slow on top of the online issues and councils responding badly to changing habits but I seem to be in a minority on that one.

[igbertsponk] 06/1/2017 09:15

Sounds to me like the old CEO has been muttering about all the new stuff that new bod is up to not working and has therefore got the heave ho. Methinks they might have got rid of the wrong one !
Still, could have been a worse update, and notable for lack of excuses.

[mcmather] 06/1/2017 09:14

The high street stores seem to attract folk who are buying that night's or tomorrow night's tea and who are already in town for one reason or another. They just need to ensure a consistent offering quality / price wise and loyalty, customer numbers and revenue should increase.

Some of the remaining concerns for me relate to the bizarre social media campaign in late spring / early summer and whoever authorised declaring that reduced footfall was attributable to brexit and the euros in france! That last one just smacks of someone who is a bit clueless.

[sefton1] 06/1/2017 09:06

davidosh, davidosh, where for art thou davidosh. This share is not exactly tickety-boo at the moment so are you still sticking with it.

[mr hangman] 06/1/2017 09:03

Looks to me, like we are flogging a dead horse

[celeritas] 06/1/2017 08:54

Out of town should do fine, its a destination store. High St shopping as people have suggested is the crux, people are very fickle so loyalty needs to be built.
Do people actually mobile shop for meat? If so Craw could easily create an app and maybe deliver.
I like to see before buying but then what do those in their 20s do.
I'm not invested here but think results are about ok.

[playful] 06/1/2017 08:10

It is worth remembering the guy who has gone is a substantial shareholder and was the previous CEO who took the share price from 2p > 40P+ before NC was appointed on 3 times his salary and look where we are now?

[aleman] 06/1/2017 08:00

Not a holder and no aze to gtind. Many retailer seem to have no idea how to deal with consuners changing habits They can save time by shooppng through mobile devices and then spend less time on the high street and in shopping centres. Next management seemed shocked by their Christmas fall in customers against a weak copmarative. I think a lot of retailers have yet to work out what to do because they don't yet understand what is going on. People's shopping habits are changing in a big way. It;s not just weather and Brexit. There were half a dozen profit warnings from US retailers yesterday, including Kohls and Macys It's not even good enough to have decent online proposition - all UK online growth came from mobile devices. Councils are behind the curve in managing the change because they do not know what is going on either. People do not need to spend as much time out shopping - so how you keep them coming to high streets?