Carrs Mill. Share Discussion Threads

[colan] 26/4/2006 08:04

All the following is DYOR, IMHO

Results look good to me with increased eps and dividend.
Concern is operating margin fall 4.8% from 5.5%.

Any view on how interim payments to farmers (mentioned in the results) will effect full year results.

[hornets] 26/4/2006 07:19

these look very good results to me, surely the price will move over £5 today

[spaceparallax] 25/4/2006 14:14

Like the grave. I suppose the problem is, and has been since the TS, that so much uncertainty surrounds the agri majority chunk of the business - I (like many others no doubt) have no idea how things are progressing in that key area.

Whatever tomorrows results, I expect a significant reaction - let's hope that it's up rather than down.

[aleman] 24/4/2006 14:45

Very quiet ahead of results on Wednesday.

[aleman] 13/4/2006 11:35

Carr's Milling Industries PLC
13 April 2006







CARR'S MILLING INDUSTRIES PLC

INTERIM ANNOUNCEMENT DATE / PRESENTATION - WEDNESDAY 26 APRIL 2006

Carr's, the Cumbria-based agriculture, food and engineering group, proposes to
announce its results for the 26 weeks to 4 March 2006 on Wednesday 26 April
2006.

On that day, there will be a presentation to brokers' analysts and private
client investment advisers between 13:00 and 14:00, over a sandwich lunch, at
the offices of Bankside Consultants, 1 Frederick's Place, London EC2R 8AE. Those
wishing to attend are asked to contact Bankside Consultants.


Enquiries:

Carr's Milling Industries plc 01228-554 600
Chris Holmes (Chief Executive Officer)
Ron Wood (Finance Director)

Bankside Consultants Limited
Charles Ponsonby 020-7367 8851

[e-mail]









This information is provided by RNS
The company news service from the London Stock Exchange

[aleman] 11/4/2006 11:06

I doubt that is firm. Last year's were on the 19th.

[hornets] 11/4/2006 08:06

Sharescope shows the interims as due on 19th April

[aleman] 06/4/2006 11:34

Results were supposed to be late this month. Anyone heard a date?

[spaceparallax] 03/4/2006 13:05

Last few weeks have been remarkably flat (chartwise).

[spaceparallax] 20/3/2006 13:07

Ironically, minutes after my last post, the share price rose 1p on the back of Selling!!

[spaceparallax] 20/3/2006 12:23

An update on outlook for the Agri side would be very welcome and might help the share price - conversely, failure to offer an update might (possibly wrongly) be interpreted as a sign of continued deterioration.

Will continue to hold for now, but would have to rethink if we fall much lower. It's such a shame, because some elements of CRM seem to be doing very well.

[spaceparallax] 08/3/2006 13:25

Holding up well on what seems to be a difficult day for many sectors.

[spaceparallax] 07/3/2006 13:26

What a strange little blip that was - sadly, it probably demonstrates the extent of concerned investors vs those feeling bullish. Please, please CRM give us some fuel in order that we can escape the gravitational pull of the 450p level.

[spaceparallax] 03/3/2006 12:54

It's unusual to see the share price maintaining such a plateau - I'll be interested to see where we go from here. My suspicion is that we've cleared out those with immediate concerns over the feed sector, but many long faithful holders are no doubt hovering awaiting more up to date info on whether the problems are worsening or improving. I'll be watching the industry headlines closely.

[spaceparallax] 23/2/2006 17:11

Jay,

I hope you're right, it could enable a reassuring TS.

[jaywood] 23/2/2006 08:50

Just when we thought it was spring this cold snap means a lot of extra feed - good news for the agricultural feedstuff sector.

Another good prospect is the fact that farm payments under the new scheme are under way at last and the engineering aspect of Carrs includes farm equipment retail - and this is when equipment will be replaced ready for the summerwork.

[sammu] 18/2/2006 22:25

gs I think your figures may be wrong.

The profit for engineering looks too high as I think this has been the unperforming segment over the last few years, but was boosted by the exceptional sale of a site, which I think may be reflected in your figures.

Also the food turnover and profit should be significantly higher this year than last year due to the aquisition.

I'm a bit surprised by the size of the fall.

Sam

[greenslug] 17/2/2006 16:50

Agriculture 69% T/O 44% Profit
Food 25% T/O 17% Profit
Engineering 6% T/O 39% Profit

I guess margins in engineering are partiucularly good, any increase in this would obviously be very important. It seems they think the poor performace of the agri part is more than offset by better performance elsewhere. I imagine agri should come back a bit. I know little about farming but i'm sure animals have to eat something. Holding tight for now.

[spicylava] 17/2/2006 15:52

Can anyone explain, please, how CRM closed last night on buys with a spread of 512-515p and opened this morning 440-450 and still buys initially. How can market makers justify this? The news doesn't seem that bad and I'm inclined to agree with your recent comments.

Ok, I'm miffed as it caught my stop-loss.

[spaceparallax] 17/2/2006 11:02

Trade composition is difficult to work out, mixed between B, S and Unknown - interesting to see where we are at close.

[spaceparallax] 17/2/2006 09:49

Is anyone able to say what proportion of the business the animal feeds etc sector makes up? I found the deterioration quite concerning and was not surprised to see the fall - indeed I am more surprised to see the quick part recovery. Am watching closely and anticipate further share price drop to say low to mid 400s until the uncertainty is overcome.

[oniabsta] 17/2/2006 09:09

I too topped up.
i make the forward p/e based on the concensus eps of 58.14p as 8.4
this share is way undervalued.It has raised ptp every year for at least the last 5yrs.

[cwa1] 17/2/2006 08:48

Phewwwww!! Thanks WCB, thought I was the only lunatic that had escaped the asylum :-)

[westcountryboy] 17/2/2006 08:31

Yes, topped up this morning. Forward PE must be less than 10.