Chapel Down Share Discussion Threads

[chutes01] 09/7/2024 11:30

Offer or bid war

[chutes01] 02/7/2024 15:27

Offer to be unveiled
Next leg up coming
Spectacular

[ayl30] 01/7/2024 06:30

UK sparkling wine has world wanting to top up its glasshttps://www.thetimes.com/article/3b91edac-8ee9-4607-8881-5ac2bc3a0fc9?shareToken=13d2811b2f95731e8cb153ceba8e7c7e

[ayl30] 27/6/2024 10:48

That's interesting! Would be an interesting combination

[rbf] 27/6/2024 10:45

Lord Ashcroft 2.6% stake disclosed.... Is this a new position?He also has controlling stake in Gusbourne, amongst other things......

[dplewis1] 26/6/2024 13:52

Why are they Form 8.3 and 8.5's coming through? I thought that meant there had been a bid approach

[renniks2016] 26/6/2024 13:28

lol, some familiar faces on here!! Kaos3 you surprise me popping up here, you like a drop of Three Graces? Been through Seedrs raises and throughly enjoying the shareholders perks for quite a while now. Pump prior to raise maybe, but definitely a market disruptor and profile being raise very quickly now, and rightly so, producing some wonderful wines now, some French Houses must be looking ? gla

[kaos3] 26/6/2024 12:24

ot
Nov31 ... in short ... not a penny unfortunately... as the money would be spent as you suggested, not invested imho at this AAU development phase

[harvd] 26/6/2024 10:36

Most likely to be a pump to get the price up before they come to share holders for money. Much better to raise at higher prices, before the inevitable slide!

[nov31] 26/6/2024 08:24

Kaos3, nice to see you on hear. If we get an offer for CDGP will you spend it all on AAU shares?

[kaos3] 26/6/2024 06:27

the most important aspect to me is how much of production is being dedicated to ageing as such stock improves margins and helps in bad times .... a piggy bank of sorts

[kaos3] 26/6/2024 06:23

i am observing for years. i have never seen a public company developing long term bio assets and the infrastructure needed - growht needing decades to ripe - ending as envisioned at the start

this time it will be different

such business are in its essence family businesses ... who can endure the biblical 7 hard years, and can wait decades to cream the cream

a very interesting story that is. wine worldwide is in oversupply... critical mass to compete is relatively low /boutique producer on few ha is in game/... the main selling point is being domestic producer imho

fingers crossed for the shareholders

[ayl30] 26/6/2024 05:52

https://www.thetimes.com/article/e7d66f20-3ea5-47a4-8c0d-b250ec799df6?shareToken=c4749e36270cd6427735b8a722596df4

[chutes01] 25/6/2024 18:17

In play
Sure an offer has been suggested
Take £2

[castleford tiger] 25/6/2024 17:03

i am in the bullish camp. Years of hard work to get to this stage.#

Happy to support a fund raise but i feel we are in play.

interesting times

Tiger

[chutes01] 25/6/2024 15:24

a few flushed out again today, wonder if Carter is ready to announce deal

[dplewis1] 25/6/2024 14:59

hTTps://www.ft.com/content/53c9308e-f7f2-48b2-896a-b5566673635e

[verulamium] 25/6/2024 10:32

I think if the company had received any informal approach about funding they'd have bothered to mention it in the RNS.

[chutes01] 25/6/2024 09:58

I suspect the co. have been approached for a strategic stake or total t/o, interesting few weeks ahead here, just need a final investment push to process the additional fruit, increase visibility of brand and thats the leverage they need to move to the top league.

[rimau1] 25/6/2024 09:38

The move to the main market was always with raising significant funding in mind. We have not run out of cash. There is a 12m RCF facility undrawn however RCF extension is an expensive way to pay for expansion so a part equity part debt funding round or part sale makes sense. Ideal time for someone like LVMH Moet to take a strategic stake. Pernod or Diageo could also be possibilities. Long and strong. I think it's great timing given the trajectory of the business and brand.

[chutes01] 25/6/2024 08:58

In play
Was always a funding gap for new winery
£2

[verulamium] 25/6/2024 08:10

They could have bid at any time at a significant premium, but they don't need to add that premium now. Is there a cheaper or better way for a French champagne house to establish itself in England when conditions in the Champagne region are becoming less favourable? Just adding a French maker to the label will add £5 a bottle. Anyway, we'll see.

[mortal1ty] 25/6/2024 07:55

In my experience takeovers almost never come about from these strategic reviews. I mean I can think of dozens of them and maybe 1 that ended as a bid.

If anyone wanted to bid for it they could have done so at anytime.

Are there any examples of wine companies being bid for at this valuation?

[verulamium] 25/6/2024 07:49

It leaves it at "could go either way". Takeover's obviously the best option as far as shareholders are concerned. This opens the door for an offer from one of the big champagne houses not far off the current share price, which yesterday they'd have assumed would have been rejected out of hand. Only if two parties are interested will it go for much more. Any other funding option would be at a significant discount you'd think.