European W. Share Discussion Threads

[chutes01] 04/10/2007 16:29

English Wines Group plc

News
English Wines Group plc - Acquisition of land


ENGLISH WINES GROUP PLC
("the Company")


4th October 2007

English Wines Group Plc are delighted to announce the purchase, subject to
completion, of over 100 acres of freehold land on the North Downs. The land is
gently sloping, well drained, south-facing chalk farmland which we believe will
provide perfect terroir for the fruit to make world class sparkling wine. The
selling agents were Humberts Challock office in Kent.

Some 70 acres of the land will be planted with Chardonnay and Pinot Noir in
April 2008. This will make it the biggest vineyard in Kent.

The company continues to secure more high quality acreage under long term
supply agreements.

Commenting on the land purchase, Frazer Thompson CEO said:

"This land is perfect for the growing of Chardonnay and Pinot Noir from which
we know we can produce and sell world class premium sparkling wine. Demand for
Chapel Down continues to exceed our ability to supply, and this land will help
to satisfy some of that demand. We expect the first crop to be at Tenterden in
October 2010. By 2010,our aim is to be sourcing from over 500 acres of
vineyards with 20-30% owned by the Company and up to 45% managed by the
Company."

For further information please contact:

Frazer Thompson
English Wines Group plc
e-mail:[e-mail]
Tel: [phone]

Brett Miller
Ruegg & Co Limited
Tel: [phone]

[piedro] 26/9/2007 16:00

BID...... 23.5p
OFFER.... 25.5p

Good luck.

[chutes01] 25/9/2007 21:52

Buying again today.

[chutes01] 24/9/2007 22:04

ENGLISH WINES GROUP PLC PLUS-quoted select Overview Profile Contacts Reports & Accounts Offerings News Market Data Charts

Market Data
Symbol Bid
Price Offer
Price Mid Price
Change Cncy
Code Ann Vol Last Traded Low High
EWG 22.00 24.00 +0.50 GBX 150,000 24/09/2007 13 26

Last 5 Trades
Trade Date Trade Time Price Volume Type Consideration Conditions
24/09/2007 13:50:25 23.00 100,000 O 23,000.00
24/09/2007 13:46:10 22.50 50,000 O 11,250.00
21/09/2007 16:01:37 21.50 6,000 O 1,290.00
13/09/2007 14:29:04 23.50 1,000 O 235.00
13/09/2007 14:28:59 23.50 1,000 O 235.00


Market Information
Details
Company Name English Wines Group plc
Mid Price 23.00
PLUS Status Live
Market Cap 9.35 (M)
Start/Opening Price 15
Start Date 02/04/2003
ISIN GB0032706284
Par Value 5p
Class of Security Ord
Symbol EWG
Currency Code GBX
Settlement Type CREST
Shares In Issue: 40664667
Activities The production, marketing and sale of wines
Sector Beverages
Market Makers Winterflood Securities Ltd..

[chutes01] 24/9/2007 21:42

Not many watching EWG at the moment, but someones thirsty for the shares, worth watching here, I've loaded up in any case.

[chutes01] 12/9/2007 17:14

I would expect a takeover to materialise here, £20 Mio equates to 50p, good fun meanwhile, and each shareholder is entitled to cheap wine too ...
Cheers !!

[piedro] 12/9/2007 16:57

chutes01 - keep up the good work.


"Discussions are continuing successfully with existing and new growers to
increase their acreage of quality vines......."

They have been putting that in all their reports but no longer say how many new acres have been planted.

[chutes01] 12/9/2007 16:38

Large buy gone through this afternoon.

[chutes01] 11/9/2007 15:49

English Wine Group is a little gem, Market Cap £8 Million, now into profit, additional vineyards coming to fruition, cannot maintain supply for demand, prices for bottles of wine increasing strongly.
Nigel Wray has a significant stake in EWG.

[chutes01] 11/9/2007 15:45

English Wines Group plc select Overview Profile Contacts Reports & Accounts Offerings News Market Data Charts

News
English Wines Group plc - Interim Results


ENGLISH WINES GROUP PLC

ENGLISH WINES GROUP PLC, THE PLUS MARKETS TRADED WINE GROUP, ANNOUNCES ITS
UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30TH JUNE 2007

SUMMARY

Pre-tax profit of GBP13,057 compared with loss of GBP253,290 in the comparative
period*
Turnover up 11% at GBP1,093,090
Gross profit up 41% at GBP435,359
Administrative expenses down 27% at GBP382,853
Average selling price (excluding duty) up 25%
Overall volumes were down 5%, however sparkling mix increased to 29% from 18%.
Continue to achieve new brand building premium listings
Increase in future supply as new premium vineyards start to produce and we
attract new growers
The site at Tenterden has been re-valued at GBP2.5m from a valuation of
GBP1.23m

INTERIM STATEMENT

I am pleased to announce the results for the half year ended 30th June 2007.
The Group made a pre-tax profit of GBP13,057 for the six months compared with a
loss of GBP253,290 in the same period in the previous year.*
Overall Turnover has gone up by 11% due to a 25% increase in average selling
price (excluding duty). As anticipated, first half volumes were 5% lower than
the prior year. However, the mix of sparkling wine sold has increased from 18%
to 29% by volume.
Cost of sales are down 3% due to lower volume sold and lower delivery costs.
Administration and marketing expenses were down 27% reflecting the one-off
reduction in marketing and staff expenditure in the first 6 months of 2007. We
will concentrate more of our marketing energy into the second half of the year
to capitalise on the summer and Christmas seasons.
We continue to generate new listings in quality and prestige accounts as a
result of our high media profile and wine awards.
Discussions are continuing successfully with existing and new growers to
increase their acreage of quality vines to ensure more growth in future sales
of high quality high margin wines, and your Board remains confident that we
will be able to increase both volume and profit substantially in the medium
term.

REVIEW OF OPERATIONS

We continue to make good progress with our key targets:-

- Pricing continues to move forward resulting in a 25% increase in average
selling price (excluding duty)
- Volumes are in line with expectations and supply
- Overheads continue to be well controlled
- Press coverage continues to stimulate demand ahead of our ability to
supply
- We continue to seek and attract new growers to improve supply
- We recently won Tourism South East Taste of England Excellence award and
were runners-up Nationally
- Strong support from Conran restaurants, Gordon Ramsay, Gary Rhodes,
Selfridges, Fortnum and Mason, Konstam, Roast and other well known
premium accounts is driving improved awareness and attitudes.
- Distribution in Waitrose, Sainsbury and Thresher shows good rates of sale
and excellent margins.




Paul Brett
Chairman

[piedro] 15/6/2007 19:12

chutes01 - not much good those charts!!!!!!

BID.... 25.00p
OFFER.. 27.00p

...still climbing.

[chutes01] 14/6/2007 22:53

Piedro,
Are you pls able to put some basic charts up ?

[piedro] 14/6/2007 16:32

ENGLISH WINES GROUP PLC
NOTICE OF ANNUAL GENERAL MEETING 2007
11.00 AM ON 9TH JULY 2007
CHAPEL DOWN WINERY, TENTERDEN
KENT, TN30 7NG
NOTICE OF MEETING
The 2007 Annual General Meeting of English Wines Group Plc (the "Company") will
be held at the Chapel Down Winery, Small Hythe, Tenterden, Kent, TN30 7NG on
Monday 9th July at 11.00 a.m. to consider the following, which will be proposed
as ordinary resolutions:
RESOLUTION 1
TO RECEIVE THE ACCOUNTS AND REPORTS OF THE DIRECTORS AND THE AUDITORS FOR THE
PERIOD ENDED 31ST DECEMBER 2006.
The directors are required to present to the Annual General Meeting the
accounts, and the reports of the directors and auditors, for the period ended
31st December 2006. These are contained in the Company's Annual Report.
RESOLUTION 2 TO 3: RE-ELECTION OF DIRECTORS
In accordance with the Company's articles of association (the "articles") two
directors will retire by rotation at this year's Annual General Meeting. The
board believes that each of them continues to perform effectively and with
commitment to their roles.
RESOLUTION 2:
THAT NIGEL WRAY BE RE-ELECTED AS A DIRECTOR.
Nigel Wray was appointed a non-executive director in April 2004.
RESOLUTION 3:
THAT RICHARD WOODHOUSE BE RE-ELECTED AS A DIRECTOR.
Richard Woodhouse was appointed an executive director in June 2005.
RESOLUTION 4:
THAT CREASEYS BE RE-APPOINTED AUDITORS OF THE COMPANY, TO HOLD OFFICE UNTIL THE
CONCLUSION OF THE NEXT GENERAL MEETING AT WHICH ACCOUNTS ARE LAID BEFORE THE
COMPANY.
This resolution proposes the re-appointment of Creaseys as auditors.
RESOLUTION 5:
THAT THE REMUNERATION OF CREASEYS AUDITORS BE DETERMINED BY THE DIRECTORS.
This resolution gives authority to the directors to determine the auditors'
remuneration........>/FONT>

[piedro] 12/6/2007 10:59

BID..... 24p
OFFER... 26p

[chutes01] 05/6/2007 01:24

Still a raging buy at this level - The next big thing, 20% off wine for shareholders too, off to buy some from the supermarket tomorrow.
Wonder if we're in for a good harvest this time around ?

[chutes01] 29/5/2007 22:08

No,
It was on several times over the Bank holiday weekend, English wines will be a big story at some point and the price here will spike I am sure, will add later on this week.
Nigel Wray is not around for 'small beer' projects, a buyout from a continental enterprise is on the cards soonish IMO.

[piedro] 29/5/2007 12:47

chutes01,

Can you give a link ?

[chutes01] 29/5/2007 09:27

Took a small nibble today, quite difficult to get in size, will add later this week perhaps, too cheap at < £9M, can't believe the price has not moved after the recent coverage by Sky News at the weekend.

[piedro] 02/5/2007 16:52

traderabc -

Plus markets link: if you go to 'SELECT', (top rh corner), you will find the charts and other data......

[traderabc] 02/5/2007 16:36

Piedro,looks like no one can help,how are you finding out the price? Could you post a link to where you get it from? Thanks in advance for any help.

[piedro] 29/4/2007 17:47

Still advancing
BID.... . 21.50p
OFFER.... 23.50p

Can anyone suggest how to put up a graph?

[piedro] 20/4/2007 14:41

Going up
BID...... 17.00p
OFFER.... 19.00p

[piedro] 10/4/2007 10:02

The bit about the 125 new acres seems to be the same old story.....
That is that despite....."We continue to be approached by existing and new growers seeking to plant more vines for us".......no new acres have been planted since late 2004/early 2005.

Or have I got it wrong?

At least the share price has risen to 15p.

[piedro] 10/4/2007 09:37

05/04/2007
FINAL RESULTS
English Wines Group plc announces its final audited results for the year
ending 31st December 2006.
RESULTS FOR THE YEAR
The Group made a pre-tax loss of GBP89,579 compared with a loss of GBP123,497
in the previous year.*

Overall turnover on a like for like basis has gone up 26% at GBP2,257,327 due
to a 12% increase in the average selling price of premium wines along with the
11% increase in volume of wine sold.

Overall cost of sales on a like for like basis are up 18%. The increase is
principally due to the volume increase in wine sold combined with the higher
level of duty paid sales. Underlying average cost per bottle is down 3% despite
the impact of fuel price increases on raw materials costs.

Underlying administration and marketing expenses are up 5% on a like for like
basis at GBP910,631 due to higher marketing costs.

Other operating income of GBP79,174 relates to amounts received from
insurers, following the fire in August 2004, for the business income
interruption element of the claim being recompense for stock that would have
been sold in 2006.

OPERATIONS
We continue to make good progress on our key targets:-
- Pricing continues to move forward resulting in a 12% increase in average
selling price of premium wines
- Volumes are in line with expectations and supply
- Overheads continue to be well controlled
- Our winemaker, Owen Elias, won UK Winemaker of the Year 2006
- Press coverage continues to stimulate demand ahead of our ability to
supply
- We continue to attract new growers
- We were runners-up to Green and Blacks in the SME category for Marketing
Excellence at the recent Marketing Society awards
- Strong support from Conran restaurants, Gordon Ramsay, Gary Rhodes,
Selfridges, Fortnum and Mason, Konstam, Roast and other well known premium
accounts is driving improved awareness and attitudes.


RISKS AND UNCERTAINTIES
Harvest failure;
The risk of harvest failure is partially mitigated by the spread of contracted
vineyards across the South East of England.

Credit risk ;
The group's credit risk is primarily attributable to its trade debtors. Credit
risk is managed by running
credit checks on new customers and by monitoring payments against contractual
terms.

OUTLOOK
The 2006 harvest was our highest ever and was again of high quality, with very
good white and sparkling wine to come. New acreage added since 2005 of 125
acres will become productive in 2008, enabling us to sell more premium wines
from 2010 onwards, and adding significantly to profitability.

We continue to be approached by existing and new growers seeking to plant more
vines for us and it is your Board's view that the medium to long term prospects
of the company remain excellent.

Paul Brett, CHAIRMAN

NOTE
* FRS 20 accounting standard requires us to restate our profit to attribute a
notional cost of non-cash share option agreements to the business. After
adopting FRS 20, the accounts show a reduction in profit of GBP76,024
(2005 restated: GBP12,061) resulting in a Group pre-tax loss of
GBP165,603 (2005 restated: GBP135,558).