Carr's Share Discussion Threads

[dozey3] 08/2/2021 18:08

Yes indeed. Just find investors who wish to mix animal salt blocks with engineering. They don’t exist. Re-location to the AIM market would help, but why should directors bother, they’re doing OK.

[harrida5050] 08/2/2021 15:31

Got to be upside from here as share price is almost aligned to NBV!

[jadedpersimmon] 18/1/2021 17:52

Looking at the RNS recently, there have been some exercised share options, the sale of about £55k worth of shares by Management but also the purchase of about 110K worth of shares too. Aggregate, this means management have bought about £55k worth of shares in the last week or so. Management having confidence in the business is surely a good sign! Thanks JP

[dozey3] 12/1/2021 13:06

Robotic handling capabilities under radar and sum of parts worth more than present share price that’s the problem with mini conglomerates. Value will out... eventually... we hope.

[9degrees] 12/1/2021 12:50

always a reliable co in a market storm- keeps pumping out reasonable results

[jadedpersimmon] 12/1/2021 11:28

Anyone have any renewed thoughts on Carr's? w w w.cityconfidential.co.uk/carrs-group-128p/ Pros - Company has remained operational throughout covid, Agricultural division is ahead of expectation - Netdebt is down, and ahead of Mgmt's expectations. - As highlighted above, the new CEO appears competent in Enginnering - w w w.linkedin.com/in/hugh-pelham-17b06249/ Cons - Engineer Division - Weakened oil price has hampered demand

[kinwah] 24/9/2020 09:53

Interesting choice for the new chief executive. Pelham seems to have an industrial background rather than agricultural so should be the man to sort out the engineering division.

[zipstuck] 16/9/2020 06:17

Possibly stop losses hit in an illiquid market

[kinwah] 16/9/2020 00:10

I thought the Forfarmers strategy statement was quite downbeat for the animal feeds sector talking about very limited growth expectations in Northern Europe. Nevertheless the fall in Carr's looks overdone. It is very illiquid and it doesn't take much to move the share price.

[9degrees] 15/9/2020 17:00

sounds like it - i know the harvest was not very good but this fall sounds like more than that? unless market makers playing around before good news ??

[spooky] 15/9/2020 15:38

That was an ugly close, i wonder if something has leaked. I do not hold.

[dozey3] 24/8/2020 12:50

Useful summary Kinwah, must be good news if the new-broom has shareholders interests uppermost which does not seem to have been the case up to now. Split into two companies - engineering and agricultural, both quoted on AIM. Shareholders to be allotted one of each for every CARR share held. Both new companies would immediately be ‘in play’ and a large percentage increase in aggregate price. No brainer I think it’s called. Management of each could concentrate on their own patch without distraction from the other.

[kinwah] 24/8/2020 11:27

Interesting change in leadership announced today. The chairman has praised Tim Davies's passion and integrity and the strong organisational culture he has built. However the company hasn't grown its earnings over the last 7 years despite making acquisitions. I think the board will be looking for someone younger and more entrepreneurial to take over as CEO to replace Tim's safe pair of hands. Although to be fair to Tim it hasn't been easy to find worthwhile acquisitions in the farm supply sector. It might also herald a review of whether the company should hive off engineering and sort out its ownership structure with Billingtons which is an anomaly for a listed company. So in conclusion I'd say this is at least the start of a more interesting time for Carr's Group and its shareholders.

[tallprawn] 23/8/2020 19:49

XD here on Thursday for 2.25p.

[zipstuck] 23/6/2020 03:50

.As reported in our trading update on 12 March 2020, challenges across both divisions, unrelated to COVID-19, led to a reduction in the Board's expectations for the current financial year. Based on recent activity, and whilst remaining acutely aware of possible interruptions due to COVID-19, the Board still anticipates a full-year outcome broadly in line with those revised expectations.

[cwa1] 12/3/2020 07:47

Well these results are not pretty:- https://www.investegate.co.uk/carr--39-s-group-plc--carr-/rns/trading-update/202003120700018464F/ ...happy to be out, sorry for any holders left here, hope things pick up.

[cwa1] 08/1/2020 14:34

It's not that I don't like the company, I do. However, just too many areas that need to hit raised expectations just to meet earnings target. If one, or more, fall down then there COULD be an unpleasant hit, so not worth taking the risk IMO. Hope not for holders and if a price reversal hits at some point then, as Arnie says, I'll be back :-)

[kinwah] 08/1/2020 11:41

CWA1 true but to be fair the weather has been especially mild this winter so far. Cumbria and Scotland also didn't experience the excessive rainfall that the south of the country did. The result has been perfect conditions for grazing which will have hurt feed sales. The warm weather - 13C in Cumbria yesterday is also badly affecting fuel sales.

[sammu] 09/12/2019 11:59

Yes the highest volume for over three years. Today's trades look a bit excitable. Looks like it's been tipped and then drawn out a couple of sellers.