Carrs Mill. Share Discussion Threads

[tigerbell] 09/11/2010 22:23

DylanL, IMHO can't see this price staying much above £5.00, there are some sell orders gone already, maybe if this share was better well known, things would be different, hope this helps, next few weeks will tell.

[dylanl] 09/11/2010 14:27

Next announcement in January? Any expect this to drift back?

[3800] 09/11/2010 13:54

Hi Honiton, I don't use CFT as I am more long term but couldnt you just use a stop loss as you now do? I'm just thinking of the stamp duty saving 0.5% of 10k is £50 if the other costs were simlar wouldn't it double your return?
3800

[tigerbell] 09/11/2010 11:16

Cheers, shame you seem to have very good timing, with regards to price movement.

[honiton] 09/11/2010 06:02

No. Too high risk.

Typically trade £10K at a time and look to make £50 ever week or so. Stop loss is capped at -£1,000.

[tigerbell] 08/11/2010 16:47

Honiton, do you trade CFD's, I've found this a good way to make money, with only a little cash, due to the way it works.

[honiton] 08/11/2010 16:26

tigerbell

CRM are not really my cup of tea.

I tend to trade FTSE100 and am in and out in a matter of days.

I only aim for 1%+ return each time.

Ta.

[tigerbell] 08/11/2010 16:17

Just like to thank j4ckthehat and Honiton, for there comments, as someone who is very new to all this, and trying to trade as a technical trader, with some news good/bad thrown in, to the mix, its nice to see how the real pro's come to there decision making, I will watch this space with interest, thanks again.

[honiton] 08/11/2010 12:57

low pe because:

share not on anyones radar.
just sit back and enjoy the dividends (4% yield) and the odd capital appreciation.

if it appears on the radar the price starts shooting up - you could easily see £9 or £10.

[don carter] 08/11/2010 11:42

Results: good, yes? What would be wrong in thinking fair value for these is eps 64.1 x pe 13 or 833p on declared earnings? Seriously, would those who know this sector please explain to me why the price is so low? Is the pe here traditionally low like the price of milk for a supermarket?

[honiton] 07/11/2010 12:10

hardly oversold.

volume is not significant therefore you can't or the charts as a guide.
The best guide is p/e ratio, net assets and cash.

Price post results could easily hit £9 or even £5. It's as vague as that!

[j4ckthehat] 07/11/2010 11:04

Yes tigerbell this share is over bought but MACD is also about to cross upwards.I guess we will find out tomorrow good luck.

[tigerbell] 06/11/2010 00:33

Hi, this share now looks over bought to me, would not be surprised if this share falls from its high, don't get burnt.

[nurdin] 05/11/2010 09:41

results Monday..have already said they are ahead....look cheap to me so had a dabble this morning..

[aleman] 01/10/2010 12:43

Price to sales is market cap to turnover.

[2trying] 30/9/2010 23:45

That was an awful lot of spelling mistakes !!!
I was reading and typing at the same time .
Sorry !

John .

[2trying] 30/9/2010 21:40

Hmmm....

Just got this weeks "Shares" Magazine .
We are number 10 in their "Top Ten Hidden Treasures" article .

As it came through the post , I cannot post a link .

So here goes , any spelling , punctuation mistakes are mine not theirs !!

------------------------------------

With the dry summer leading to a near 50% drop in silage
for this winter ,agricutrural group Carr's should benefit form increased demand in feed sales .This month's upbeat tradong update (15th Sept) for
the year to August confirmed finals will be ahead of market expectations .

A good growing season led to strong fertiliser sales , while the engineering
division benefited from a strong order book in the nuclear industry .

With two recent acquisitions now being integrated and set to enhance earnings for the full year , Carr's reported another bolt-on acquisition (14th Sept)
which should enhance its product range and customer base in Noth England
opening the potential for addition top-line growth .


------------------------------------------------------

Now on the "stats" bit .....the article says....

Market value £52.4 million
Forecast sales £335 million
Price to sales 0.16
Six month gain 37.4%

------------------------

I actually don't know what "price to sales" means !!
Anyone help ??

John .

[onehandeconomist] 12/8/2010 11:52

So a couple of one-off's doesn't seem to justify a 10% capital rise unless you think that is coming straight back as extra dividend flow. However, they do seem to have made some nice gap filling acquistions recently as well. So the rise is fair but a bit overdone - especially on a relative basis with the market falling back. May be time to take a little off the table and hope to buy back later? - More value now elsewhere?

[sammu] 09/8/2010 22:57

Two years(?) ago the rise in wheat prices gave a useful one off fill up to profits, but needs careful management.

Also I understand that UK wheat harvest is expected to be very good (but silage/hay not so good), so farmers should benefit from the wheat high price and be able to afford Carrs various offerings, and need to buy feed blocks.

[honiton] 05/8/2010 08:04

No meant to say wheat prices.

Carrs forward buy and also process. therefore rise in price of wheat and flour means that finished product is worth more and % added also more.

[honiton] 05/8/2010 08:02

yes sorry.

[frreeves] 04/8/2010 08:26

hONITON you do mean 'flower' prices don't you