Creightons Share Discussion Threads

[red army] 24/7/2007 11:54

Results are out today apparantly.

[mctmct] 15/5/2007 14:18

Does someone want some, perhaps?

[outsider] 15/5/2007 13:58

Monthly movement today!

[outsider] 03/5/2007 11:36

£1 each ?

[2magpies] 03/5/2007 10:20

Just a smidgen more and he will have to make a offer for the rest of the shares!

[outsider] 02/5/2007 14:49

CREIGHTONS PLC
DIRECTOR'S DEALING


Creightons plc (the 'Company') has been advised this morning by its Chairman, Mr
WO McIlroy, that Oratorio Developments Ltd, a company of which Mr McIlroy is a
director and controlling shareholder, purchased 500,000 shares in the Company on
2nd May 2007, at 5.25p per share.

This brings Oratorio Developments Ltd's holding to 14,450,000 representing 26.62
per cent. of the Company's issued share capital, and Mr McIlroy's total interest
to 14,916,000 representing 27.48 per cent. of the Company's issued share
capital.

[2magpies] 28/1/2007 22:31

Roll on February; and the major re-launch.

[2magpies] 03/11/2006 17:14

What I want to know is: how does he manage to get hold of so many shares without sending the share price into orbit?

[safman] 03/11/2006 16:02

David Abell ups his stake ..over 6%.. i'm sure CRL could do with a few others MMs..

saffy..

[outsider] 19/10/2006 14:59

Did a search myself, came up with this:


Creightons wins a new fan in David Abell [01/09/2006 NEWSLETTER]

Long-standing readers will remember Creightons. Shares in the soaps and toiletries producer were tipped here in November 2003 at 3p. They moved up in short order to around the 8p mark, but that is where the good news ended. They have since been down to 2p as moves to rationalise the big product range acquired with the Potter & Moore contracts business (bought from the administrator three-and-a-half years ago) and investment in sales and marketing staff took a bite out of profits.

Now the shares are back up to 4.25p (3.75p – 4.75p). In part that is down to a revival in profits and a transformation of the balance sheet. The company has sold off one of its two manufacturing sites and consolidated production into the other. But it is also down to the arrival of David Abell, late of conglomerate Suter, on the shareholder register. Abell popped up in August with 2.1 million shares, equivalent to 3.8 per cent of the company.

What Abell's intentions are is not known, though he has shown himself to be anything but a passive investor in the past. What is clear is that Creightons has a lot of appeal with profits now moving ahead nicely. Annual sales rose 10 per cent last year to £12.6 million. That contrasts sharply with a market capitalisation of just £2.5 million. Granted, there is still some £1.8 million of borrowings, but that is not much more than half the level of a year earlier. Just about everything at Creightons is moving in the right direction at last.

The company produces both branded and own-label products, with Tesco among its bigger customers. It is the own-label side that has been driving growth of late and Creightons has been doing everything possible to reduce costs to allow it to compete.

Last year (to end-March 2006), Creightons recorded a profit of £808,000 before tax, but this was after a net £393,000 profit on the sale of its Storrington site. The previous year it had recorded a loss, though that was after significant restructuring costs. Ignore the one-off income from the property sale, and earnings per share emerged at around 0.75p per share. With further growth this year, it looks as if the shares at 4.25p are selling for about five times earnings.

The company says it is looking for complementary acquisitions – ones where it can achieve synergies in manufacturing, sourcing or marketing. It looks, however, as if David Abell might have other plans in mind. All told, Creightons is an interesting punt on a 12-months view. Buy.

Creightons - BUY

[2magpies] 11/10/2006 16:14

slightly old, but found this on David Abell:



Is this the conglomerate that could be eyeing CRL?

[outsider] 11/10/2006 15:47

up again, steady performer.

[2magpies] 10/10/2006 18:20

Who is David Abell?

Anyone got any bio?

[2magpies] 10/10/2006 18:17

Delphene

There was a time CRL used to pay a divi of 6p a share (if I remember correctly)!!

Oh, those halcyon days!

Will they return?

Perhaps.

IMO we shouldn't be surprised if there's a bid. (It would have to be an 'agreed' one. -- But who's complaining?)

[outsider] 10/10/2006 16:06

still making headway north :-)

[delphene] 05/10/2006 08:16

bo90,
I bought these shares in the Tech boom for around 22pence, but I feel it will be a long time before " I " get my money back, if at all.

[outsider] 04/10/2006 10:01

You'll have to ask Mystic MEg abt that!

[bo90] 04/10/2006 10:00

will this go back up to 18p so that I can get my money back?!

[outsider] 02/10/2006 18:11

A further 150k & 70k bought today as well.

[outsider] 02/10/2006 15:07

Wonder if the 127,243 is yet another director buy @ 6.25p?

[outsider] 02/10/2006 12:38

Perhaps "Steady" was a bit too cautious ;-)

[outsider] 02/10/2006 09:26

Steady as she goes......again ;-)

[red army] 28/9/2006 10:41

Just topped up a few more

[2magpies] 26/9/2006 22:02

why did this never appear on ADVFN?