Cake Box Share Discussion Threads

[diohohku] 08/4/2024 18:58

Cake Box sweetens profit forecast
Patisserie chain Cake Box has told investors its profits for the year to March 31 will be better than expected after boosting online sales and launching new products.

It says that sales should be up 9pc year-on-year, reaching around £37.9m.

The chain added an extra 20 shops during the year. It believes there is scope to grow its current estate from 225 stores to 400 over time.

Cake Box began in 2008, founded by vegetarians who wanted to supply cakes that were egg free but still contained fresh cream.

Sukh Chamdal, chief executive, said the baker had “delivered a year of solid growth in all our key performance areas and full year profits slightly above expectations despite the backdrop of uncertain macroeconomic conditions.”

Shares rose 2.5pc today.

[justiceforthemany] 08/4/2024 17:17

Net Cash levels up.

Only a matter of time before a revised bid comes in.

[johndoe23] 08/4/2024 15:23

Surprised decent update

[disc0dave46] 08/4/2024 13:41

Their broker has 11.3p eps so up with events IMO.

[disc0dave46] 08/4/2024 12:22

Slightly ahead, how much they don't say.

[justiceforthemany] 08/4/2024 11:56

Which idiot is selling?

[justiceforthemany] 08/4/2024 07:59

Profits ahead of expectations.

[justiceforthemany] 05/4/2024 11:13

Update next week?

[justiceforthemany] 01/4/2024 20:34

Yep, above 400p actually.

[levinson1] 30/3/2024 22:17

What was share price then - £4 ?

[levinson1] 30/3/2024 18:19

What was the share price then ? £4 ?

[justiceforthemany] 30/3/2024 17:28

EPS in 2021-22 was 15p.

[justiceforthemany] 27/3/2024 17:09

DS Smith yesterday getting a new higher offer.
UK stocks are far too cheap. Battered by corrupt short selling hedge funds.
Telecoms, banks, life insurers, gold stocks all at mid single digit P/Es.
ITV 7x
S4 7x

[levinson1] 26/3/2024 16:12

Imo 245p bid imminent

[justiceforthemany] 25/3/2024 16:00

This was 400p not so long ago.
Net cash position.

[justiceforthemany] 25/3/2024 16:00

UK M&A is soaring.
Rate cuts coming.
Another bid is definitely in play here.

[levinson1] 23/3/2024 23:52

That would be a superb update. Why do you think it will be this good, justiceforthe many ?

[justiceforthemany] 22/3/2024 16:42

Added.
Expecting FY EPS around 12p and a dividend of 9.2p
Trading update in April.
Inflation down to 3.4%

[levinson1] 16/3/2024 18:56

Just googled and seen CBOX have 2 in Cardiff. Must really be rolling out Suppose Scotkand and Wales are the beginning of their international expansion ! But if River Capital PTY buy following up their stake building then guess they could expand everywhere including Asia - who also love their cakes !!

[levinson1] 15/3/2024 11:32

Hi - didn't see that they had shops in Wales too ? Where are they there - do you know ?

[simmsc] 14/3/2024 20:55

A capital light franchise business which is scalable and Brits are suckers for cheap cakes.Recommendation: Buy

[justiceforthemany] 14/3/2024 18:01

Ridiculous UT again!

[justiceforthemany] 14/3/2024 15:42

Buy some more Levinson.
I've added.
Scotland and Wales were expansion areas yes.