European W. Share Discussion Threads

[piedro] 03/9/2008 10:52

Last year's Interims were on the 8th of September....

[piedro] 05/8/2008 11:31

24/07/08
English Wines Group announces new restaurant development
at it's Chapel Down Winery in Tenterden.
EWG has teamed up with Celebrity TV Chef, Richard Phillips to launch a restaurant with a style, service and menu that fits with its award winning Chapel Down English wines.
Richard started his career working under the Roux brothers as the youngest Commis Chef at Le Gavroche in London. He worked his way up the ranks, with an 8 month stint in France. He then moved on to work for the Marco Pierre White empire of restaurants, then as Executive Chef of the Schrager hotel group chains in London.
Richard is now the chef/patron of 'Thackeray's' in Tunbridge Wells, one of the best restaurants in Kent which gained a Michelin star in its first year. He is also a partner in the fine dining restaurant 'Hengist' in Aylesford and The Plough Gastro Pub in Amersham.
Richard, seen regularly on 'Ready Steady Cook' and ITV's Daily Cooks, commented, "The opening of the restaurant at Chapel Down is an opportunity to further develop the trend towards great British cooking, using local products and premium English Wines."
The restaurant will be operated by Kentish Dining Rooms, under a commercial lease agreement with EWG which will be the sole supplier of wines and beers. The restaurant seats up to 106, and has a private chef's table dining room to accommodate up to 18 people.
Frazer Thompson, CEO of English Wines, commented, "We sell our wines to the very best restaurants in London. We have found that really good restaurants outside London still remain few and far between. Kent, however, is going through a significant transformation. What we have created with Richard Phillips at Chapel Down will be a catalyst for an acceleration of the trend towards great local food, imaginatively prepared and served and complimented by our own Chapel Down wines. It's a restaurant for the whole of Kent to feel proud about and for us to reflect the brand values of Chapel Down."
NOTES TO EDITOR
Richard Phillips @ Chapel Down will open in July and is now taking reservations
on 01580 761616 or visit www.richardphillipsatchapeldown.co.uk (site fully
operative from end July).
The restaurant, on the site of Chapel Down's famous vineyard in Tenterden, Kent, will see the introduction of state of the art kitchen facilities along with the very best in dining comfort in a spectacularly beautiful setting. The food and wine will aim to bring a new dimension to eating out in Kent with customers encouraged to experiment and enjoy a completely original Kentish experience, and will delight and surprise the 50,000 visitors that English Wines Group estimate visit the site each year.
Up to 18 diners will also have the opportunity to eat and drink at the new
`Chef's table'. The Chef's table is unique experience for patrons to enjoy a
personal service from the chef and his team.




..... now why does that bring Fishworks, (FSH), to mind ??..

[piedro] 17/7/2008 17:18

11th July 2008
Result of AGM
The Company is pleased to announce that at the Annual General Meeting held
today all of the resolutions proposed and referred to in the Notice of the AGM
(announced on PLUS on 19th June 2008) were passed.
The resolutions passed were:
1. To receive the accounts and reports of the directors and the auditors for the period ended 31st December 2007.
2. That Paul Brett be re-elected as a director.
3. That Frazer Thompson be re-elected as a director.
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.
5. That the remuneration of Creaseys auditors be determined by the directors.
The Directors of the issuer accept responsibility for this announcement.

[piedro] 02/7/2008 12:49

...testing....testing.....

[piedro] 24/6/2008 13:46

19th June 2008

English Wines Group plc
EPIC: EWGP

Notice of English Wines Group Plc
Annual General Meeting 2008
10.00 am on 11th July 2008
Chapel Down Winery, TenterdenKent, TN30 7NG
Notice of Meeting
The 2008 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
Friday 11th July at 10.00 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 2007.
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 2007. 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 Paul Brett be re-elected as a director.
Paul Brett was appointed a non-executive director in June 2005.
Resolution 3:
That Frazer Thompson be re-elected as a director.
Frazer Thompson was appointed an executive director in May 2006.
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.
Documents
The following documents, which are available for inspection during business
hours at the registered office of the Company on any weekday (public holidays
excluded), will also be available for inspection at the place of the Annual
General Meeting from 9.00 a.m. on the day of the Annual General Meeting until
the conclusion of the Annual General Meeting:
a) the register of interests of directors (and their families) in the share
capital of the company;
b) copies of all service contracts and letters of appointment (including
indemnities) between the directors and the Company;
c) printed copies of this Notice and the documentation made available to
shareholders using electronic communication, including the Report and Accounts for the period ended 31st December 2007.
Your directors believe that the proposals in resolutions 1 to 5 are in the best
interests of both the Company and its shareholders. Accordingly, the directors
unanimously recommend that you vote in favour of all these resolutions, as they
intend to do in respect of their own beneficial holdings.
The Directors of the issuer accept responsibility for this announcement.

[andymarks] 18/6/2008 09:48

Hello,

There is an interview with Frazer Thompson of English Wines on Trading Places on www.sharecrazy.com. You should check it out is really informative.

[piedro] 05/6/2008 13:20

May 16, 2008
English Wines Group Intends To Compete Head On With The Grand Crus Of Champagne And Chablis, But Not Quite Yet
By Charles Wyatt
..........................
Take a look at a map and it becomes clear why both the French and the English are taking such an interest in wine grown in the south east of England. Reims is only 150 kilometres south of Dover and the temperature over an average year is only one degree centigrade lower across the Channel in England. The big attraction, however is the price differential for land. Agreed the price of good land has gone up in this country from £4,000 an acre to over £6,000 in recent times, due to the farce over biofuels, but that is as nothing compared with the price of an acre within the champagne Appellation D'Origine Controlée (AOC) around Reims. Just to the south of the champagne area is Chablis, another famous AOC, which covers an area to the north of Burgundy. Chardonnay is the grape for Chablis and Champage, with pinot noir as a back up.
This insight into the grapes grown in this region of northern France is essential for gaining an understanding of the future strategy of English Wines. The soil is Kimmeridge Clay, with outcrops of chalk, and it extends from Sancerre to the west of Chablis up to the White Cliffs of Dover. Terroir, the quality imparted to the grape from being grown in a specific region, is crucial, and in France there is an endless debate on terroir, with particular reference to the grand crus, which are the best wines in the region. Clearly English Wines has been aware that this chalky soil does not stop at Dover, but continues up onto the North Downs. It is therefore possible to grow chardonnay and pinot noir, the noble grapes of France, in south east England and this means that the company can compete with the more expensive wines from the regions at the southern end of this chalky belt. Just as an idea of price, a Chablis 1er Cru 'Fourchaume' 2005 Boudin sells for £12.99 in this country after paying duty.
...............

[sbs] 13/5/2008 07:23

Frazer Thompson, CEO of English Wines Group, talks about his company in , filmed at the recent show.

[piedro] 12/5/2008 09:04

I'm still looking for a chart to put in the header - that of Plus Markets does not work.....

[chutes01] 11/5/2008 20:20

Good work mate, why the change of tact ?
Will look to add again this week,

[chutes01] 09/5/2008 15:10

Another large buy today, no-one is watching this baby as it slowly rises.
good luck.

[chutes01] 25/4/2008 11:48

Piedro,
Now a profitable business with a strong growth factor, more land/vineyards and this will help meet demand in the next year or two, settle down.

[piedro] 25/4/2008 11:45

As usual - a very sloppy set of accounts....... they hide more than they say....and badly presented... AIMHO

Basically, I find it difficult to trust the directors.... (of the t1ps clan I believe).....they could make a bit more effort with their presentation and more detail.

IMO - over the years they have not been completely honest with us over the quantity of land planted...... that's my opinion.

The accounts seem to say all the right things so will accept them till see otherwise..........

[chutes01] 25/4/2008 09:20

25th April 2008

English Wines Group plc
EPIC: EWGP

Final Results to 31st December 2007

English Wines Group Plc (`The Company' or `English Wines') is pleased to
announce its final audited results for the year ending 31st December 2007.


Results for the year

The Group made a pre-tax profit of £157,543 compared with a loss of (£89,579) in
the previous year.*


Gross profit is up 28% at £1,048,240.

Overall turnover has gone up 10% at £2,476,026 due in part to an 18% increase in
the average selling price (excluding duty) of premium wines along with a 5%
increase in overall volume of wine sold.

Costs have been well maintained in a year of increasing raw material and fuel
prices. Overall, cost of sales are down 1% and the underlying average cost per
bottle is down 5%.

Administration and marketing expenses are down 10% on a like for like basis at
£820,029 mainly due to the efficient use of PR and the internet.

Other operating income of £15,629 relates to amounts received from insurers for
the business income interruption element of our claim following the fire in
August 2004, being recompense for stock that would have been sold in 2007. All
income relating to the business income interruption claim has now been fully
recognised.


Operations

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

- Pricing continues to move forward resulting in an 18% increase in average
selling price (excluding duty) of premium wines without impacting demand growth
- Volumes are in line with expectations.
- Customer relationships are well managed and demand remains very strong.
- 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
- Strong support and interest from key National accounts including Waitrose,
Sainsbury and Marks and Spencer
- Export opportunities are growing
- Overheads continue to be well controlled
- Media coverage and marketing continues to stimulate demand ahead of our
ability to supply
- We continue to attract new growers to supply premium grapes
- We are in the process of acquiring 116 acres of freehold land on the North
Downs, of which 72 acres will be planted with Chardonnay and Pinot Noir in May
2008.

STRONG BUY.

[chutes01] 02/4/2008 14:09

Final results due out end of April, quote " will move into profit and share price is a no-brainer from here, alot of upside."
All the best.

[piedro] 12/3/2008 09:24

chutes01 - Thank you for waking me up. Still not found a chart to put in the header.......

[chutes01] 11/3/2008 16:54

Finals out in around 3 weeks, excellent value here, although someone was mugged today for 5000 shares @ 17p.
Could see profitability and re-rating.

[chutes01] 05/10/2007 13:41

Up again today, a director taking up warrants at 15p, who wouldn't !!

[chutes01] 04/10/2007 20:06

The aquisition of additional land is very significant here Piedro, and at the moment they cannot keep up with the demand for their wines, fabulous story developing here IMO.
And they are now profitable.

[piedro] 04/10/2007 20:01

Moving at last.
The new vines coming into production in 2008 should give the cash for planting.