Carr's Share Discussion Threads

[sammu] 18/4/2024 17:29

They should move to Aim as part of this process.

[kinwah] 18/4/2024 15:01

Engineering is having a better year but it is cyclical. There are no great synergies between the different engineering businesses although they have tried hard to find them. Once broken up the prices they should get for engineering are probably higher now than at any stage in the last 5 years. Cashing in now seems a good strategy. Specialty Ag is at its low point and would fetch a poor price if sold now. It makes sense to try and build it up and wait for the US cattle herd cycle to turn. I'm hoping a good price for the engineering division could mean a share buyback by tender.

[forensic] 18/4/2024 12:09

They are looking at selling off the best bit! - why not keep the fast growing engineering division and invest in it, and sell off the agriculture division. I hope the engineering division doesn't get sold off cheaply to the management.

[pdosullivan] 18/4/2024 07:42

Good to see the outcome of the strategic review. It will simplify the investment case for the group.

[kinwah] 18/4/2024 07:32

As expected a strategic review to release value from the engineering businesses. Trading is difficult with the US feed blocks. Specialty ag is clearly subscale so it looks like they want to fatten it up to make it a stronger business to create more value.

[picnic] 28/2/2024 21:26

Those votes against of 19% tie in with the Harwood holding.Very strange , i suppose they know what they are doing?

[kinwah] 08/2/2024 01:26

The AGM is at 10am on 20th February in the centre of Carlisle. I was hoping to make it but that's too early for me. It looks like there's plenty of scope to cut central overheads. The non-glossy report and accounts printed in black and white must save a few quid. I'm wondering what Martin Rowland the Executive Director of Transformation makes of the ragtag collection of engineering businesses. I wouldn't be surprised if the engineering division was systematically dismantled to focus on animal nutrition. How much it would be worth though is anybody's guess.

[somethingsup] 22/1/2024 20:21

More likely picking up dividend before going Ex on 25th Jan? Maybe?

[skyship] 22/1/2024 12:45

Intriguing strength here. Bid coming?

[arthur_lame_stocks] 16/1/2024 10:27

I've started a new thread to discuss a broad spectrum of value shares. Carr's seems to be the sort of stock on the thread.

If any of you want to take a look the ticker is VALUE.

[cwa1] 16/1/2024 10:19

Harwood just short of 20% after that stake announcement...

[somethingsup] 15/1/2024 18:39

Until yesterday there were 2 Major Shareholders with 4,750,000 shares each; Jupiter sold as we know via todays RNS but also Rights and Investment Trust that also has/had 4,750,000 shares. Perhaps the 2 identical sales were not a mistake but both above lots have gone. To whom!?

[somethingsup] 15/1/2024 16:51

Question is; whose bought them?

[no dice] 15/1/2024 15:35

So it was Jupiter exiting their entire position of 4.75m shares on Friday. This appeared as two trades of 4.75m for some reason, both at 115p per share.

[no dice] 12/1/2024 14:53

9.5m shares bought around midday today for 115p - just over 10% of shares in issue.

[somethingsup] 29/11/2023 10:46

If they liked the business at £1.40 why not buy a lot more at £1.00? Bet they have a buy order in at that price hence current price?

[somethingsup] 29/11/2023 10:30

Let’s hope we hear something ‘nice’ when the results come out in December!
Still expect another RNS iro Harwood have bought more and will be largest shareholder?

[p1nkfish] 28/11/2023 22:20

Can't argue with that.

[fevertreeman] 28/11/2023 18:43

Harwood has its work cut out to restore this to health in its current form. Successive management teams have hobbled the group, with the only strategy appearing to be shrinkage and sale. The acme of this was under the disastrous leadership of Peter Page who as Exec Chair & CEO drove this into the ground and whose only management action was to fire the previous CEO and flog the Ag Supplies business. Don't forget he was only appointed CEO in February, lasting an impressive 6 months before investors kicked him out. Sadly not before he had presided over an unholy mess. So Chris Mills & the new management team he has assembled (lots of PE experience) will have one task before them - find willing buyers for the two businesses...and try and coax some life out of them in the mean time.

[p1nkfish] 28/11/2023 17:33

Wondering if there is any chance the likes of Avingtrans making a bid for the nuclear possibilities.

[somethingsup] 28/11/2023 17:03

Any thoughts on who’s pushing the price down? Bet we see another RNS iro Harwood having purchased more on the cheap…someone’s pushing asking price down and buying everything up?

[p1nkfish] 04/9/2023 21:09

No wonder NAS has been under pressure.
I think he holds CARR on expectation of work in nuclear.

[pugugly] 04/8/2023 14:08

Harwood - Egg in face or lost face? on TU.

[somethingsup] 18/7/2023 10:02

Harwood buying again…over 10% now. That non exec must be happy with the numbers or they think there’s a buyer about or they know of one?