Crawshaw Share Discussion Threads

[sailastra] 16/2/2017 16:50

Vicarage...you make an interesting point re the price of braising steak....but prices do fluctuate and the meat price is affected by currency....With sterling being weak, British beef looks cheap to a euro buyer...I have just checked online to see what price braising steak is at ASDA....£10 per kilo Whilst at Tesco it is £7.47 per kilo, Morrisons is £9.97....Craws price sounds competitive to me

[shakkaa] 16/2/2017 15:57

Mcmather, she has left the building, Colin Crawshaw has left the building Kevin Boyd has left the building 5 experienced area managers have left the building last year 1 this year? Speak to the guys in store there good people but with no direction.

[supernumerary] 16/2/2017 15:55

mcmather - to me your story just proves my point - two examples and in both cases, they buy on one side and look at the other. Maybe they, or their mams, will come back, but maybe not. To work well, the concept needs them buying on both sides on most visits...

[mcmather] 16/2/2017 14:55

Good to hear vicarage.

shakkaa re the retail director; her linkedin profile and the company's website is still recording her as at CRAW?

If an area manager is leaving that can happen but probably does not help; the last I heard was that there are 5 area managers and all was seemingly steady?

[mcmather] 16/2/2017 14:46

supernumerary, an example from the other day.

4 builders purchase their dinner from the FTG. The first 2 served then wait for the other 2 and then start looking / talking about the offers on meat.

A similar scenario with the students (6th formers, not university) but with discussions about what they have already sampled on the meat side.

In each instance, I doubt whether either will be buying meat themselves; ie that it will be their mrs or their mam. Getting someone in the shops can potentially lead to additional purchases.

It strikes me as being a unique concept. Housewives with kids during the week, pensioners, those not in work, those doing a bit of shopping at the end of the working day, students, etc; that seems to be the target market for meat sales in the high street stores - ie not a direct threat to the supermarkets (and vice versa) per se.

Likewise, not a direct threat to the likes of Greggs, The Pound Bakery, etc; but if you want a decent meal and/or a bit of quality for your dinner (lunch, not that evening malarkey stuff) and for a decent price, from my experience, CRAW wins hands down against the likes of the above - whilst the FTG reduces wastage (cost) for the company.

For me, footfall through the door is key because it can lead to potential crossover trade; ie I don't agree that the butchers on the high street is dead.

But folk must gain good impressions when visiting tores (you obviously can't mess about when selling meat products) and this will not happen if management treat their staff - as has been previously alluded to on here - poorly.

The overall concept seems to work; just need management to catch up.

[supernumerary] 16/2/2017 14:07

mcmather - can't say I agree with that - I think there are two types of customer, who I think of as workers and shoppers. The former want lunchtime takeaway, and aren't interested in buying 2lbs of sausages which will have to sit in a warm shop or office all afternoon. The latter want good cheap meat and are probably shopping in the morning or afternoon when the most they want is a coffee and bun.

Obviously there's some crossover, but I don't think it's enough to cover the overheads of trying to do two different well at the same time. Surely high street butchery is flogging a dead horse? (sorry, couldn't resist!)

[shakkaa] 16/2/2017 13:54

Wakey wakey there is no management!!!!! Go into a store and see for yourself, ticking time bomb

[100positive] 16/2/2017 13:36

Boyd selling his stock ? :-/

[mcmather] 16/2/2017 13:26

Decent post forsh. The food to go also includes baguettes, pies, pasties, etc. The prices are ok but the quality, from my experience, is better re proper pieces of meat.

I have seen crossover trade between FTG and meat but this is fairly limited and management needs to improve considerably here.

The FTG range reduces wastage and they need to be flagging up their offerings here; eg school holidays, do specific offerings for mams with their kids or to target teenagers in town.

Getting folk in to the shops will almost inevitably result in them looking at the other stuff even if subconsciously.

I reckon there is a concept here but management need to up their game somewhat; none of the above is rocket science.

[optomistic] 16/2/2017 13:13

quidzinn, good to see someone looking on the bright side...perhaps it was one of our non invested directors taking the plunge :-)

[seball] 16/2/2017 13:10

Yes I agree a delayed Buy. Could be Blackrock as they were buying in Jan Good luck

[quidzinn] 16/2/2017 13:06

That 1.3m trade may well have been a delayed buy :)

Onwards and upwards !

Q

[shakkaa] 16/2/2017 12:58

Chicken chunks at Arndale for dinner mmmmmm, retail director has definitely left the business, another area manager leaving the business, sinking ship

[penciles2] 16/2/2017 12:55

I have no shares just follow because I am in the trade.i hope the company turns it round but this concept of butchers has never ever worked.cant get staff,all you get is inexperienced who can't provide the margins that are needed

[optomistic] 16/2/2017 11:54

mcmather...Penciles2 not owning up that trade :-/

[castleford tiger] 16/2/2017 11:46

towns the smaller ones are dying for several reasons
The local council failure to provide free parking
The knock on effect and reduction in bigger food shops and banks reduce footfall.
Towns from 20/100k are most at risk.

The two I rent to them are both on busy out of town secondary sites. busy estates areas rather than towns

tiger

[optomistic] 16/2/2017 11:18

Someone unloaded 1.3 mill shares this morning...any thoughts on who it may be?

[mcmather] 16/2/2017 11:06

Tiger, in your field, do you not see a busy high street; I'm not talking about the likes of M&S, Debenhams, etc, but just the footfall in town centres?

The town centres I see are as busy as I can recall; you alluded the other day to the two premises you rent out to greggs doing a booming trade?

[castleford tiger] 16/2/2017 10:54

SEBALL
Well I cant see it but maybe my view ( being in retail and distribution) is flawed.

A strong 12% gain since its low is worth having

Tiger

[seball] 16/2/2017 10:20

Hi Andy as I said some work still to do. Will we be at the dizzy heights of 80p a share in 12 months I'm not sure but around 50p yes if management can get us back on track which I'm sure they can. Crawshaw has appointed a former boss of Greggs and current chief executive of Brakes Group to its board as the fresh meat and food-to-go retailer continues to expand.Good luck

[castleford tiger] 16/2/2017 10:10

seball

Its a loss making company how do you work that out

andy