Cake Box Share Discussion Threads

[levinson1] 15/5/2024 10:11

Uk small caps are re-rating at the mo. So they'd better get a bid in quickly before this races away from them (if they are intending on buying it)

[levinson1] 13/5/2024 22:28

Sounds like the beginning of a bid defence from CBOX. The Aussies surely wouldn't have bought 5% as a dormant holding , particularly as the Aussies own an expanding cake business down under. Cake Box discuss latest developments following its Full Year Trading Update2024 2min 43sechttps://www.youtube.com/watch?v=M2i421s6BPwCake Box, UK?s largest retailer of fresh cream celebration cakes, announced a Full Year Trading Update with strong growth across the business, reflecting new store openings, positive sales growth ...View ...View ...View Full Message

[simmsc] 13/5/2024 19:55

Uk small caps are re-rating at the mo. So they'd better get a bid in quickly before this races away from them (if they are intending on buying it)

[justiceforthemany] 13/5/2024 15:57

Anything is possible.

[levinson1] 12/5/2024 18:58

Justiceforthemany - do you think there will be a bid by the Aussies before the results next month ? There was good buying on Friday

[levinson1] 10/5/2024 06:55

Out of recession, inflation falling. Lots to celebrate. Growth in CBOX should be accelerated. Target price 250pWhat is the Aussie bidder doing ?Very exciting stock

[levinson1] 07/5/2024 15:05

Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. With revenues expected to grow by a double-digit 21% over the next couple of years, the outlook is positive for Cake Box Holdings.11 Apr 2024

[levinson1] 07/5/2024 10:39

Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. With revenues expected to grow by a double-digit 21% over the next couple of years, the outlook is positive for Cake Box Holdings.11 Apr 2024

[levinson1] 02/5/2024 21:43

And that doesn't even take into account international growthJusticeforthemany- Why do you think River Capital PTY have bought a 5% stake in CBOX at these current levels

[disc0dave46] 02/5/2024 21:25

Has anyone seen this alleged consensus target price of 250p?Because I haven't!.

[levinson1] 02/5/2024 17:41

And that doesn't even take into account international growthJusticeforthemany- Why do you think River Capital PTY have bought a 5% stake in CBOX at these current levels

[disc0dave46] 02/5/2024 16:49

Shores their broker are paid handsomely to say such things. To double their store estate - they have 225 and growing circa 20 per year (which obviously has and will slow), but taking the 20 pa, that's 450 by about 2035, yes that's in the "coming years", but still eleven years away.

[levinson1] 02/5/2024 15:28

And that doesn't even take into account international growthJustice fir the many - Why do you think river Capital PTY have bought a 5% stake in CBOX

[justiceforthemany] 02/5/2024 15:23

Stores will double in coming years.
Shore Capital commented: ‘With some of the clouds over the UK consumer economy lifting (in our view) we believe Cake Box is now very well placed to deliver on its evolved growth strategy, with a more proactive property strategy, enhanced marketing capability combined with the considerable knowledge and experience of founder and CEO Sukh Chamdal.’

The broker added: ‘Cake Box remains immature, and after two years of stability and consolidation looks well positioned to deliver sustainable capital light, cash generative medium to long-term growth.’

[levinson1] 02/5/2024 14:36

Wrong. They've consolidated and are now clearly pushing ahead with accelerating growth

[disc0dave46] 02/5/2024 14:34

Sorry but 20x for single digit growth forecast in earnings is excessive. They only commanded such a rating when they were in their growth phase with decent double digit growth. Now their growth is below industry average.AimAllshare with 22.6% growth is only on a PE of 12.3x.At current price it seems fair value IMO.

[justiceforthemany] 02/5/2024 13:24

A final dividend of 6p is projected next month. Net cash position. 20x earnings is more than reasonable with new stores being opened, lower inflation (2% target will be hit this month), a growing economy and rate cuts imminent pre election.

[levinson1] 02/5/2024 11:52

Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. With revenues expected to grow by a double-digit 21% over the next couple of years, the outlook is positive for Cake Box Holdings.11 Apr 2024

[levinson1] 02/5/2024 09:36

Cake Box discuss latest developments following its Full Year Trading Update2024 2min 43sechttps://www.youtube.com/watch?v=M2i421s6BPwCake Box, UK?s largest retailer of fresh cream celebration cakes, announced a Full Year Trading Update with strong growth across the business, reflecting new store openings, positive sales growth ...View ...View ...View Full Message

[disc0dave46] 02/5/2024 08:39

200 would be a forward PE (FY25) of 16.5x which seems steep to me.Shore did increase their forecast for FY24 by 3% to 11.3 which is still a PE of 14.8x going on yesterday's close, which seems about right IMO.Would love to see signs that they have a longer term strategy to improve growth back to decent double digits but so far nothing IMO.

[levinson1] 01/5/2024 21:39

Cake Box discuss latest developments following its Full Year Trading Update2024 2min 43sechttps://www.youtube.com/watch?v=M2i421s6BPwCake Box, UK?s largest retailer of fresh cream celebration cakes, announced a Full Year Trading Update with strong growth across the business, reflecting new store openings, positive sales growth ...View ...View ...View Full Message

[disc0dave46] 01/5/2024 19:26

Consensus price forecasts are not 250 as far as I can see, 200 appears to be the consensus - but IMO I can't see how that's justified.

[levinson1] 01/5/2024 12:02

Cake Box discuss latest developments following its Full Year Trading Update2024 2min 43sechttps://www.youtube.com/watch?v=M2i421s6BPwCake Box, UK?s largest retailer of fresh cream celebration cakes, announced a Full Year Trading Update with strong growth across the business, reflecting new store openings, positive sales growth ...View ...View ...View Full Message

[disc0dave46] 01/5/2024 11:17

Unbelievable.Think it's time I filtered you again as not only a liar but also making illegal statements.