Creightons Share Discussion Threads

[hjs] 28/6/2016 14:49

Today's results are excellent on all fronts. NTA has increased from 7.7p to 9.9p and it is still trading below 9.9p which amounts to a discount of 16%. I am already invested in this stock. May consider investing some more this week.

[hjs] 20/5/2016 10:37

Buy and tuck away some CRL shares. A tiny company with everything going right. It ticks off on all aspects of profitability, liquidity, future prospects etc are bright. It is still trading below NTA value so one would be buying at a discount.

[clives] 21/4/2016 11:54

Well, we are now through the year end.. Interesting acquisition of Broad Oak Toiletries, The chairman was very positive about it, it appears to have given them not only a broader market but increased productivity.

Local press at the time of BOT going into administration reported: "Administrators explained in statements given to local news sources in Devon that Broad Oak Toiletries had succeeded in expanding its customer base during the 18-month period prior to its entry into administration. However, these developments apparently “led to capacity issues at its Tiverton manufacturing plant which put insurmountable pressures on its working capital”

Given the statement in CRL's last years results "We are finalising plans to invest approximately GBP100,000 to improve our manufacturing and logistics organisations. This one-off expenditure, which will impact on the results for this year, will provide us with the structure capable of delivering long term increases in productivity and capacity and improve our competitivenes",
and also in the Acquisition CRL also took over all BOT's "unencumbered plant and equipment"

This would seem to indicate that CRL should therefore have sufficient capacity which will allow them to meet the increased demands - to use the info from the RNS statement "Given the current condition of BOT's business, the Company believes it can achieve sales of GBP3.2million for the year to 31 January 2017 thus making a positive contribution to the results of the Group"

The share price is now on the move again (long may it continue), we are also potentially
looking at CRL giving a dividend this year if the company continues to grow as it anticipated in last years results.

As usual DYOR

[iasike] 17/2/2016 23:37

Good purchase??

[blueball] 13/1/2016 16:53

Edging up a bit.

[tomps2] 04/1/2016 16:35

The video of Creightons presenting at Mello Monday, November 15.

www.piworld.co.uk/videos/2016/1/4/creightons-crl-at-mello-monday-16th-november

As Dinocras says (in the article above), “a fascinating little company that seems to be doing many things right.”

Although a minnow, £5m market cap, which is illiquid - a 22% spread 6-7.5p as of today!

[davidosh] 19/11/2015 02:51

A very good write up of the event on monday evening...

[davidosh] 16/11/2015 02:19

The company will be presenting tonight if any of you would like to meet the management...

[drmaccers] 12/11/2015 15:13

I did a fair bit of DD. Didn't buy but think this is quite a bit undervalued

[hjs] 12/11/2015 10:23

The latest half year results are not bad at all. The share price initially went up and closed down yesterday on very small volume.

The net tangible asset value works out at 10.4p a share and today it is trading at 7.75p which works out at a discount of 25.5%. The outlook is bright and soon some one will notice this discosunt and will start buying. They have enough cash in the bank as well. IMHO everything I have seen is +ve so do your own DD and decide for yourself.

[clives] 21/10/2015 13:09

Using this rather than starting a new thread.
Looks like an interesting play, showing signs of movement, its found support at 6.5p.
From end of year results 6/15 Diluted eps up from 0.79 to 1.2p Borrowing down from 602K to 75K.
No dividend but stated in the results "The Board has considered and decided not to declare a dividend this year. As part of this review the Board also decided that it should aim to introduce dividend payments for the year ended 31 March 2016, should the underlying level of profits and cash generation continue to improve" Half year results should be due out in Nov
As usual DYOR.

[iasike] 19/6/2015 17:56

just bought in thismorning, 20,000 at 8.7p was a buy, not a sell as reported.

[jimjones1] 08/8/2014 16:51

Just wanted to say a HUGE thank you to everyone who has helped me out so far.

This will be my final post (plea)! I just need a few more complete questionnaires so if you wish to take part please follow the link below. It will only take 2-3 minutes of your time.



Just in case you didn't catch my post earlier this week and wonder what this is all about, I am doing a master's thesis on communications within online financial communities. This questionnaire will be a source of my data.

Of course I am more than willing to share the results of the study with anyone who is interested.

Thanks again for your help.



P.S. If you have any questions, please feel free to contact me at jaw73(at)aber.ac.uk.

I confirm that all responses remain strictly ANONYMOUS and that no personal information with be associated with your responses. This study is purely for research purposes with no commercial gain to myself (unfortunately!)

[hydrus] 08/8/2014 16:13

Anybody got to AGM today?

[2magpies] 08/11/2013 10:59

Well those figs look good to me.

Could a different management produce a bigger profit from the same business?

[mctmct] 31/10/2013 17:46

Twitchy today. News around?

[mctmct] 17/10/2013 17:46

sudden jump. Presumably there will be a tip in the weekend papers

[chrisis33] 24/6/2013 11:19

Keeping an eye on this ... debt up and cash down was the concern in the last results maybe driving the fall?

[mctmct] 21/6/2013 10:10

Decent results yesterday. Management seem to have a grip on things.

[red army] 28/5/2013 12:31

Break out at this level so should go to 10p if closing above 5p

[2magpies] 30/4/2013 20:54

Whoever it is, could well have seen what they do, and their turnover,their full listing.. and then looked at the market cap... and then .. said to themselves: No!! Really??

It would not surprise me at all if there was bid.

The share price is now at a six year high.

[the troll] 30/4/2013 16:00

O K, who's buying this & why ? 'fess up.

[red army] 08/4/2013 00:09

Taking a charts price and overlaying a 2 standard deviation trend line from the high.

[mctmct] 05/4/2013 12:26

How do you calculate 5p, Red?