Chapel Down Share Discussion Threads

[chutes01] 19/6/2024 13:38

Ready for an offer here from French house

[ayl30] 19/6/2024 07:34

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 07:27

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 21:49

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 07:04

AGM 4th June

[castleford tiger] 07/5/2024 09:57

hey up a cracking start

[castleford tiger] 17/4/2024 07:52

I would have thought double current price.
Tiger

[ayl30] 17/4/2024 07:10

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 18:39

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 18:33

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

[castleford tiger] 16/4/2024 17:44

pleased i bought more

[nov31] 16/4/2024 09:44

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

[ayl30] 16/4/2024 08:30

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

[vano5] 28/1/2024 21:53

CD moved to AIM to access financing for the winery via an equity raise....simple.
The loan facility was never going to be enough.
Rob Smith seems to admit to an equity raise in an IC interview on Friday.
Why has it taken so long for the CD board to publicly admit this??

[ayl30] 26/1/2024 06:45

I concur on both points

[vano5] 25/1/2024 23:02

Fraser's increase in shares was a result of options kicking-in due to the move to AIM. Savvy ex-CEO!!!

[nov31] 25/1/2024 12:20

As far as I can remember the CEO has publicly declared that they don't need to raise any equity to meet current growth and increased acreage plans - they are funding it from current operating cashflow - but do check, DYOR just in case i've missed some impt detail. This is a quality share, quality product and management and I expect CDGP to be taken out in a few years time, by either one of the existing Champagne houses or someone like DGE

[kaos3] 24/1/2024 21:06

Go on. superb imho

[mortal1ty] 24/1/2024 21:01

As per the AIM entry statement:

"The Company owns, leases and sources from 1,023 acres of vineyards in South East England, of which 750 acres are fully productive, making it the largest wine producer in the UK".

So those 750 acres are fully productive?! This would make sense as 3800 tons implies 5 tons and acre which is standard.

Anyways... 2023 they make 18m gbp in sales. So on those 750 fully productive acres... that is 25k per acre.

So those 1000 fully productive acres would make 25m gbp in sales. A lot less than my original estimates.

So 4x fully mature sales. Maybe 20x fully mature EBITDA. Not sure how you can argue this is good value.

P.s. all I do is growth investing. I'm used to paying high ratings. I think this is on the same EV to sales as Google lol.

[castleford tiger] 24/1/2024 18:29

I think you are talking yourself out of an investment.
Try HSP yielding 9% or LGEN no worries here

[castleford tiger] 24/1/2024 18:26

Last year we produced 3811 tonnes from a very immature load of vines.
That’s from 750 acres