Chapel Down Share Discussion Threads

[faz] 03/5/2023 14:13

I disagree with your prognosis, but the past is receding as the strategy for the next five years is being executed. If you are not persauded by the business plan they have made evidently public I'm sure you've already sold, if you ever held

[chutes01] 03/5/2023 13:16

the last lot of management hugely increased the shares in issue, total incompetence as they tried to prop up the business
now funds are required to pay for new winery, further dilution here no longer makes it a compelling investment
such a shame really.

[chutes01] 02/5/2023 15:11

the last ceo make a hash of this, went into beer and spirits, opened bar in london, nearly wrecked the company, so it has done ok to survive.he was sent packing.
cost shareholders millions, so should be way ahead of here.
150m shares now and moving to aim to finance new winery, after spending cash recently to upgrade existing facility, prob more wasted cash.
now have over 1000 acres vineyards, scaling up hopefully to be bought out by a french house.
should have happened by now, but lost their way, the number of shares in issue is a concern and they will have to crowd fund etc. again soon so heaps dilution coming.
may just continue to be a novelty investment.

[dicktrade] 02/5/2023 11:25

Great plug for Chapel Down on Good Morning Britain just now. Nicely in time for peeps to buy for the Coronation celebrations, CDGP media team doing a great job IMHO

[faz] 19/4/2023 07:44

The FD is buying again- now holds 2m shares. Nice round figure for when the share hits £1!

[rimau1] 27/3/2023 15:25

Looking forward to results on wednesday. Chapel Down remains in deep value territory IMO, i think if the property/plant/land assets were revalued at market price we would find the marketcap to be 100% backed by net assets plus cash with a fast growing on trend business thrown in for free.

[nov31] 01/12/2022 13:03

It’s moving up significantly in response to very low volume - I think there is a shortage of stock and that the CFO’s recent purchase cleared any overhang

[verulamium] 01/12/2022 11:40

Ordered my Christmas fizz this morning and the share price was up 8% within minutes. Remarkably responsive.

[faz] 30/11/2022 14:47

I have my Bacchus dry whites in for Xmas. Shareholder discount of 30% is good

[robsy2] 28/11/2022 17:31

Good shareholder benefits as well.

[nov31] 28/11/2022 11:33

Looks oversold to me - even with the CFO’s top up. Good harvest, premium brand - set for growth

[robsy2] 25/11/2022 22:10

Indeed! I bought some of their sparkling wine for xmas. Like to do my research before i jump in.

[castleford tiger] 25/11/2022 18:38

£184k of cash to double his holding.

confident!

[faz] 14/11/2022 15:30

Fair investment for me, but I expect the next three to five year to be very good for Chapel, as foreign markets begin to understand the quality of the Uk produce.

[bigbigdave] 17/10/2022 06:27

EPIC: CDGP

Harvest update

Chapel Down, England's leading and largest winemaker, is pleased to provide an update on its 2022 harvest.

Favourable growing conditions have enabled the delivery of both an exceptional grape quality and yield. Across its 750 acres already under vine, the Company has delivered a record tonnage of its key sparkling wine grapes, Chardonnay, Pinot Noir and Pinot Meunier, as part of a total harvest of over 2,000 tonnes. This compares favourably with last year's, weather affected, harvest of ~1,400 tonnes. This year's harvest is expected to enable the production of approximately 2 million bottles of high-quality sparkling and still wines.

Chapel Down's harvest started at the end of August and has provided an excellent yield, as a result of a long, warm summer coupled with the outstanding terroir of Chapel Down's vineyards and world class viticulture team. The Company's recent investment to extend the winery at Tenterden in Kent will enable the Company to efficiently process the harvest, underpinning greater volumes of sparkling and still wines in 2023 as well as increased stocks of traditional method sparkling wines from 2025.

Chapel Down continues to expand its capacity, to capitalise on the growing English Sparkling wine market, which grew by 29% in 20211. The Company has planted 38 additional acres of vines this year, and expects to plant a further 118 acres in the near-term, meaning the Company will exceed 900 acres by the summer of 2023. The Company continues to look at investments to drive capacity to support its longer-term growth ambitions and, amongst other initiatives, is in active discussions to source new, high quality land for further vineyard plantings.

Andrew Carter, Chief Executive at Chapel Down Group, said: "This exceptional harvest has been achieved thanks to the skill and dedication of our talented team. English wine is enjoying rapid growth as producers like Chapel Down benefit from optimal conditions and sustained investment. Our strong performance in the first half of the year and the bumper harvest we have announced today leave Chapel Down well on track to meet our target to double the size of the business by 2026."

Josh Donaghay-Spire, Chief Winemaker & Operations Director, said: "Early indications were that this harvest would be a strong one and it has not disappointed either on yield or quality. We expect the earlier harvest to result in a riper style of wine akin to that found in the successful 2018 or 2020 vintages, and we are excited to learn what we can achieve with this year's crop.

"Over the last fifty years we have found our feet as a wine region, with England consistently producing world-class wine that wins trophies at international competitions and receives acclaim across the globe. There is now huge potential to build upon the great assets of our climate and exceptional geology and discover how truly great English Wine can be. We are optimistic that this harvest could be the best yet."

[robsy2] 11/10/2022 08:28

!FOLLOWFEED
hxxps://www.chapeldown.com

I am not recommending it as such but I am looking at it.


as at 11.10.22
Briefly: new senior management team , seem good and are experienced, got rid of beer and cider businesses, focus is on sparkling wine , company 20 years old now and #1 in the UK , UK wine is seen as cool, most people surveyed prefer their wines to Champagne, 750 acres now , rising to 900 acres by 2024, new winery in Kent at the planning approval stage. good shareholder perks , 33% discount on wines, Net asset value of the company is around 20p a share , the share price is just over 23p now , so tremendous asset backing because the land , vines buildings are all valued at historic cost. So the business is free! share price very low at present .plans to double the business over the next 5 years and without the need for external financing, , no problems getting the harvest in , indications are that the 2022 harvest is good for volume and quality, new processing capacity is there to deal with 2500 tonnes of grapes , enough to double the business and more . 2022 trading in line with expectations, with good sales growth and good margins and the expansion is do-able with no need for additional finance.
This is a company worth keeping an eye on.