Carr's Share Discussion Threads

[cwa1] 21/3/2019 08:44

Cheers for that mw

[mw8156] 21/3/2019 08:37

seems the wynnstay warning is being read across. carr is better geographically and by industry diversified and therefore higher quality operation IMHO.

[cwa1] 21/3/2019 08:31

This seems thoroughly unloved and wanted at moment. Anyone heard anything of note?

[cwa1] 08/1/2019 09:07

Edison research update:-

[cwa1] 08/1/2019 07:59

Trading Statement:-



Tim Davies, Chief Executive, commented:

"The new financial year has started well with trading in line with the Board's overall expectations. We remain confident that the investments made in acquisitions, research and product innovation leave the Group well positioned for future growth.

Whilst some clarity has been provided over the government's future policy on farming support, Brexit uncertainty remains for our customers and certain supply chains within which we operate. Further clarity over the UK's future trading relationship with the EU would bring greater confidence and stability back to our customers and marketplace although the Group remains confident that it is well placed in the medium term."

The Company expects to issue its interim results for the 26-week period ending 2 March 2019 on 15 April 2019.

[ntv] 17/11/2018 09:48

sold out as to nervous to hold log term around the brexit mess

[ntv] 12/11/2018 07:30

looks like a decent set of results for the year
Pension fund is also an asset rather a liability, that makes a change

[value hound] 09/11/2018 17:43

Monday in fact. We already know trading is fine, though, but fingers crossed that summat else caused the late tick up.

[ntv] 09/11/2018 17:21

Picked up a few recently
finals due soon

[redartbmud] 09/11/2018 15:07

Linhur, you echo my thoughts.
I was re-reading last year's Report & Accounts this morning.

[linhur] 09/11/2018 14:54

Will Toshiba withdrawal from Moreside affect Carrs?

[value hound] 15/10/2018 11:31

Notice of results = no PW = undervalued!

[illiswilgig] 02/10/2018 17:54

Useful - thanks for the link

[cwa1] 01/10/2018 21:36

Edison(paid for) research post the recent acquisition:-

[illiswilgig] 21/9/2018 10:35

hound - I agree. All products that they can sell alongside their feedblocks globally and also through their UK retail chains.

I like the way that they are investing in building both the Agri and Engineering businesses. The Milling deal shows that they are not averse to selling businesses once they cannot take them any further but at the moment they do appear to be a good job with both divisions.

It's at the top of my buy list and I will add more shares on any price weakness,

cheers

[value hound] 21/9/2018 09:01

I maybe guilty of a little confirmation bias here, but it looks to be a logical / complementary deal?

[cwa1] 18/7/2018 11:42

A very brief update from Edison concludes thusly:-

Valuation: Trading at a discount to peers

Following the estimates upgrade, our updated DCF analysis gives an indicative value of 178p/share (previously 169p). At the current share price, Carr’s is trading below its peers with regards to mean P/E (12.6x vs. 14.5x) for the year ending August 2018. Continued recovery in the US feed block market and further confirmation of the Engineering upturn should help close the valuation gap.

[cwa1] 18/7/2018 07:54

Indeed, very solid and encouraging.

[value hound] 18/7/2018 07:37

Well we couldn't ask for much more than that, and this news obviously leaked somewhere late afternoon yesterday. By Carr's historic standards, today's statement is positively gushing. They're usually downbeat even when things are going pretty well in my experience. Surely worth £2.

[gustavfenk] 11/7/2018 13:00

I was talking to a farmer last weekend. He said that with the bad winter just gone, he had to buy in a lot of animal feed back then. Now with the long hot spell this summer, they aren't getting much hay to harvest, so expects to have to buy in a lot more animal feed later on in the year.

[shawzie] 26/6/2018 14:51

26/06/2018 1:40pm

Dow Jones News



By Alberto Delclaux
Electricite de France SA (EDF.FR) said Tuesday that it has acquired Oreka Solutions, a startup which offers 3D simulations used for decommissioning of nuclear facilities.

"Oreka Solutions has brought additional skills in digital simulation into the EDF Group, which will benefit the nine dismantling sites in progress in France," Sylvain Granger, director for dismantling and waste management projects, said.

EDF bought Oreka on May 17 through subsidiary EDF Nouveaux Business, it said. Financial details weren't disclosed.


Write to Alberto Delclaux at [e-mail]


(END) Dow Jones Newswires

June 26, 2018 08:25 ET (12:25 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

[shawzie] 22/6/2018 13:41

Perhaps the engineering business would be of interest to the Wood Group which seems to be interested in the decommissioning of nuclear power stations.

[ntv] 28/4/2018 09:40

LOL they had the same auditor for 109 years, not the same person though!

[redartbmud] 28/4/2018 08:33

There is a legal requirement to review the position of auditor, after a number of years in the job.
The feeling is that it is appropriate for a shakeup after a few years, complacency and being too cosy a relationship between the two parties.