Share Name Share Symbol Market Type Share ISIN Share Description
Carr's Group Plc LSE:CARR London Ordinary Share GB00BRK01058 ORD 2.5P
  Price Change % Change Share Price Shares Traded Last Trade
  4.00 2.94% 140.00 41,239 16:35:27
Bid Price Offer Price High Price Low Price Open Price
136.00 140.00 138.00 138.00 138.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 395.63 12.50 10.30 13.6 130
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:27 UT 2,158 140.00 GBX

Carr's (CARR) Latest News

More Carr's News
Carr's Investors    Carr's Takeover Rumours

Carr's (CARR) Discussions and Chat

Carr's Forums and Chat

Date Time Title Posts
15/4/202110:44Carr(Formerly Carr's Milling)181

Add a New Thread

Carr's (CARR) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type
View all Carr's trades in real-time

Carr's (CARR) Top Chat Posts

Carr's Daily Update: Carr's Group Plc is listed in the Food Producers sector of the London Stock Exchange with ticker CARR. The last closing price for Carr's was 136p.
Carr's Group Plc has a 4 week average price of 124.50p and a 12 week average price of 122p.
The 1 year high share price is 145p while the 1 year low share price is currently 92p.
There are currently 93,147,355 shares in issue and the average daily traded volume is 59,611 shares. The market capitalisation of Carr's Group Plc is £130,406,297.
zipstuck: AS the oil price is upto $60. Hopefully orders will start coming through now.
harrida5050: Got to be upside from here as share price is almost aligned to NBV!
jadedpersimmon: 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
jadedpersimmon: Anyone have any renewed thoughts on Carr's? w w 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 Cons - Engineer Division - Weakened oil price has hampered demand
kinwah: 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.
dozey3: 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.
cwa1: Well these results are not pretty:- ...happy to be out, sorry for any holders left here, hope things pick up.
cwa1: Edison research on today's results hTTps:// Valuation: Indicative valuation of 190p/share Our DCF analysis gives an indicative value of 190p/share (previously 184p). At the current share price, Carr’s is trading below its peers with regards to the mean EV/EBITDA multiple (6.9x vs 8.2x) and P/E multiple (8.9 vs 12.6x) for FY20e. Confirmation that Carr’s diversified business model can continue to address issues caused by Brexit uncertainty plus news of further Engineering orders should, in our view, help close the valuation gap compared with the mean.
danny baker: How is Carr's a company in transition? To be in transition you have to be moving from one state to another which Carr's isn't. Illiswillgig's post has several errors which I don't have time to correct. In terms of bulk animal feeds you can read across all 3 companies WYN, NWF and Carr's to some extent but you have to take into account the different geographies and competitive positions. NWF and Carr's both operate in the North West of England and South of Scotland where they compete against each other. Carr's and Wynnstay overlap only to a minor extent, but have the Bibby joint venture. The North West generally saw colder weather last winter (which is good for animal feed sales) than Wales which is where Wynnstay are largely based. Carr's has a significant feed block manufacturing business in the UK and US as well as its engineering businesses. NWF didn't share the trading woes that Wynnstay reported and I would expect Carr's experience on bulk animal feeds to be in line with NWF's experience, perhaps slightly behind earlier forecasts due to the milder winter than normal but Carr's overall should report interims on Monday in line with expectations.
illiswilgig: I'm not a confident student - whatever that is? I can make some general observations on WYN, NWF and CARR No1 - They are all very different businesses. Carr's most of all - and there is no easy read across. The market likes things simple - so they are equated - for simplicity and lack of anything else to do. WYN - looks to me to be the only one of the 3 which is a fairly pure UK agricultural manufacturer, supplier and retailer - primarily of animal feeds. NWF - is also UK only and mainly a fuel distributor, also a food (grocery) distributor and an agricultural feed merchant. CARR - is the most diversified of the lot, both by geography and industry. CARR is a company in transition which is easy to forget. The old Carr's Milling business was sold to Billington's - but CARR retain a 49% stake in the associate. Cash flowing in from the sale was partly returned to shareholders if I remember correctly but has also funded some purchases of other businesses. With the food and feed milling out of the way what remains appears at first glance to be largely a feed and agricultural distribution business with some agricultural engineering and a strange remote handling engineering business attached. A look at the profits - changes the story somewhat. although only 10% of the turnover - the engineering businesses deliver 25% of the profits. It's also worth remembering that the CARR-Billington associate is contributing 1/3 of the 75% agricultural profits. So 90% of the turnover, the agricultural business - is only contributing half the profits. They are commodity businesses compared with the engineering. But even there the global geographic distribution of their feed products and trademark/IP/manufacturing of them distinguishes them from the pure commodity businesses of feed milling. Future growth in the UK-German-USA remote handling and engineering businesses - will rapidly change the profit profile. These businesses have the potential to become the main profit generating division of CARR in the medium term. And are the primary reason I am invested in CARR. In my view there is no benefit in comparing the performance of CARR with WYN and NWF - but the market can do as it likes. That's what helps to generate opportunities for private investors who do their own research. cheers
Carr's share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210418 18:50:32