Cropper (james) Share Discussion Threads

[yogi] 25/7/2016 11:02

Watching this with keen interest. Break out confirmed and director buy all good

[hybrasil] 25/7/2016 08:29

When will it reach £10

[hybrasil] 25/7/2016 07:30

3000 I am and it has been great.

[30003000] 22/7/2016 18:38

Good grief - no one following this hi tech company !!!!!!!

[apad] 12/5/2016 18:36

Horrid lot of CAPEX over the last few years. New to the company, but looks interesting.
apad

[thomasthetank1] 11/4/2016 13:19

Read Stockdale's note on Cropper (CRPR), out this morning, by visiting www.research-tree.com …
"Today’s positive trading update for FY2016 has led us to increase our PBT forecast to £4.5m from £3.9m and to nudge up our PBT forecasts for the next two years. The uplift is driven by TFP where we are encouraged that the recent heavy capital investment is beginning to deliver a payback. Indeed, our upgrades are on the back of increased operating margin assumptions in TFP. Ahead of the final results being reported in June 2016 we increase our DCF derived TP to…"

[davebowler] 11/4/2016 10:14

Westhouse;
Today’s positive trading update for FY2016 has led us to increase our PBT forecast to £4.5m from £3.9m and to nudge up our PBT forecasts for the next two years. The uplift is driven by TFP where we are encouraged that the recent heavy capital investment is beginning to deliver a payback. Indeed, our upgrades are on the back of increased operating margin assumptions in TFP. Ahead of the final results being reported in June 2016 we increase our DCF-derived TP to 800p from 750p. We maintain our Buy rating.

[yogi] 11/4/2016 08:39

Pleasant start to the day!

RNS Number : 6979U

Cropper(James) PLC

11 April 2016

11 April 2016

James Cropper plc ("James Cropper" or the "Company")

Trading materially ahead of expectations

The Board of James Cropper PLC is pleased to issue a positive trading update for the 53 weeks to 2 April 2016.

During the calendar year 2015, James Cropper and notably the Technical Fibre Products division experienced healthy sales growth. This trend has continued in the first calendar quarter of 2016.

The financial impact of the events of late last year as announced on 15 December has yet to be fully quantified but the board is confident that insurance and other mitigating factors will compensate for any adverse financial impact including business interruption. A fuller update will be available by the time that the Company reports its full year results in June 2016. The board is confident that, even before recent favourable FX movements, the Company's full year results will materially exceed market expectations. The outlook for the financial year just starting is encouraging.

[yogi] 26/2/2016 19:25

Also from website news of As 9100 accreditation but 4th para below re increasing capacity is interesting - seems to suggest significant growth in TFP at least.

We are delighted to announce that TFP has successfully gained the AS 9100 (BS EN 9100) global aerospace quality certification.

AS 9100 is the industry recognised quality standard and achieving compliance to this demonstrates that TFP has the knowledge and experience necessary to satisfy the demanding requirements, processes and regulatory controls stipulated by the aerospace industry.

Martin Thompson, Managing Director of TFP, comments that "TFP has over 25 years experience in supplying the aerospace and defence industries and has established a global reputation as a specialist in developing nonwovens for these highly technical and challenging applications. Achieving the AS 9100 certification validates this, signifying a commitment to further develop TFP's position and sales in these markets, as well as demonstrating the company's focus on quality and continuous improvement."

The AS 9100C (BS EN 9100:2009) certification represents the latest step in an accelerated programme of capacity and capability improvements for the company. This has included the installation of the world's first commercial nanocoating line at our US manufacturing facility and, most recently, the addition of a third state of the art manufacturing line to double production capacity in the UK. The new line incorporates a number of advanced control features, including a high resolution fault detection system, designed to ensure both the consistency and quality of our advanced nonwovens. These controls, along with the AS 9100 certification, demonstrate that we operate to the highest possible quality standards.

[yogi] 07/12/2015 21:24

Results were also good - steady progress.

[hybrasil] 07/12/2015 12:22

Market slowly reacting to Marks purchase. I think you will see £8.00 here within six months

[hybrasil] 03/12/2015 09:40

great to see Mark buying at this level.

[davebowler] 11/11/2015 10:38

Westhouse;
Increased target price as interims on track

We have increased our DCF-derived target price to 750p (from 550p) on the back of interim results which suggest the capital investment in Technical Fibre Products (TFP) is beginning to pay off as sales rose 25.2% in the first half. We have maintained our group adj. PBT forecast at £3.9m despite dollar strength and euro weakness impacting profits. We have increased our medium-term cash flow projections and with a more realistic 10% WACC and 2% long-term growth rate assumptions increase the target price to 750. Buy rating.

[yogi] 10/11/2015 13:30

Extract from today's half year results - steady as she goes!OutlookIn the remainder of this year, James Cropper Paper is on track to deliver modest growth in a competitive market. Further growth in TFP is expected, while the new 3DP business will set a new course for the Group in 2016 and beyond.It is anticipated that the Group will continue to operate in line with the Board's expectations for this year. I am pleased with the progress we have made in the first half of this financial year and that focused operational and commercial initiatives continue to strengthen our long term prospects.Mark CropperChairman

[hybrasil] 06/11/2015 13:04

sold some at £7.10

Now thinking of buying them back

[garbetklb] 13/10/2015 23:24

Any idea who's buying? We bought from early Sept to early Oct, but not enthusiastically enough (lesson learned), stopping at 625p.

They held a major open day on Wed 16th, opening their new TFP production line - I wonder if this has prompted the surge in interest?

We would be back as buyers, but only on a significant fall back.

[yogi] 13/10/2015 13:26

Steady as she goes!

[yogi] 10/10/2015 00:24

Nice week to be involved with Cropper!