Chapel Down Share Discussion Threads

[vano5] 25/6/2024 07:46

They did placings on Aquis, AIM is different. As already mentioned they were always going to need cash for the new winery. This is not a surprise.

[mortal1ty] 25/6/2024 07:32

Nah this company does placings not rights issues.

This announcement is their way of trying to drum up business for it.

Thing is, most institutional investors won't be interested at this price... And most pis won't be happy at the price they bought in at. So not sure where that leaves it.

[faz] 25/6/2024 07:25

I dont see this negatively, and it should come as no surprise. Should this allow for a partnership with a market-related funder the company could fly. If they just wanted cash there would already have been a rights issue.

[mortal1ty] 25/6/2024 07:23

How long has this business been in operation and they still can't self fund growth with cash?

[typo56] 25/6/2024 07:12

Should this really come as a surprise to investors? How else were they going to fund investment in new vineyards and the new winery?

[dplewis1] 25/6/2024 07:05

There's a lot of pi support for this company, but this is a bit of a clanger. Michael Spencer won't be happy

[faz] 25/6/2024 06:50

For sale, or they want a major funder through a controlled rights issue: which one?

[mortal1ty] 25/6/2024 06:45

112m valuation. 34m book value. Even if you doubled the book value to 70m you don't get near to 112.

[mortal1ty] 25/6/2024 06:13

Business has run out of cash. Not sure people will want to fund it at this valuation.

[chutes01] 19/6/2024 12:38

Ready for an offer here from French house

[ayl30] 19/6/2024 06:34

English sparkling rosé makes world's top 50 wines listhttps://www.thetimes.com/article/fe81bf32-a983-44cd-ac8c-347ca4e57072?shareToken=e35b57f60ad0e9c4c3c356b3365b37d2

[ayl30] 14/6/2024 06:27

Who needs Napa Valley? How to join Britain's booming wine tradehttps://www.thetimes.com/article/4ff54326-5c86-445a-93ec-dc12d8c215c9?shareToken=61fda950261b3d40eff84c49a17185ff

[typo56] 15/5/2024 20:49

A bit of a technical thing but last night MSCI announced CDGP will enter the Global Micro Cap Indices, effective from close on 31 May. This may attract index fund buyers and higher volume on 31 May.

[ayl30] 08/5/2024 06:04

AGM 4th June

[castleford tiger] 07/5/2024 08:57

hey up a cracking start

[castleford tiger] 17/4/2024 06:52

I would have thought double current price.
Tiger

[ayl30] 17/4/2024 06:10

I think they are flagging to potential bidders that it would have to be a large premium to current price to reflect stock valued at lower than true market value, no inclusion of 'brand' value in accounts

[chutes01] 16/4/2024 17:39

good results, growth finally being ramped up by competent management
Need to watch debt levels, hope to see a good offer from a french house soon.
Nice juice to get fkg smashed on ..

[ayl30] 16/4/2024 17:33

Good webcast this afternoon, catch it on their webpage if you missed it (I think!)

[castleford tiger] 16/4/2024 16:44

pleased i bought more

[nov31] 16/4/2024 08:44

What’s not to like, ‘sparklingR17; results.

[ayl30] 16/4/2024 07:30

Reassuring rns today, onwards and upwards!

[dplewis1] 07/3/2024 12:35

Anyone going to the shareholder event later?

[castleford tiger] 12/2/2024 15:45

A good entry point today I feel