Chapel Down Share Discussion Threads

[mortal1ty] 04/9/2024 06:13

Wow. These results are an absolute disaster.CEO has also jumped ship as well.

Everyone here please refer to my posts from May. How this loss making company is worth 110m is beyond me.

Sales down 11pc. EBITDA down 58%. Net debt now of 6m.

Seriously this business looks in financial distress. It should be a fraction of its current price.

[ayl30] 30/8/2024 14:14

H1 results on 4th, wonder if there will be any news re funding/ takeover?

[ayl30] 14/8/2024 06:47

Difficult? Not if the companies are going to merge, perhaps that was his game plan in buying the stake

[dartboard1] 14/8/2024 06:29

True, but makes it more difficult ... will wait out for news

[ayl30] 14/8/2024 05:57

There are blocks of shares about, remember GUS largest shareholder bought 3% of CDGP recently

[dartboard1] 13/8/2024 21:13

Chapel down and Gusbourne could do very well out of this offer period... but no institutional investors can get involved because of the low liquidity ...

[castleford tiger] 13/8/2024 21:08

More profit I keep adding

[timmy40] 13/8/2024 15:11

Drifting lower, 10% in month

[chutes01] 03/8/2024 16:22

yes, interesting to know what is going on here
a sale at a good premium has to be the preferred option to move ahead
new winery, keep adding acres and get some larger corporate backing to move to the next level
£2

[dartboard1] 03/8/2024 13:17

Interest rate cut a positive on a private buyout of this. CDGP and Gusbourne both interesting news stories to follow for the next month(s) ... radio silence on both since the initial announcements

[dplewis1] 23/7/2024 07:17

Last month, Chapel Down said it would consider a sale of the company to find new ways to build long-term growth. Australia's Treasury Wine Estates has brushed off a media report it is looking to buy English wine producer Chapel Down. Last month, Chapel Down said it would consider a sale of the company to find new ways to build long-term growth. UK newspaper The Sun... Last month, Chapel Down said it would consider a sale of the company to find new ways to build long-term growth.Australia's Treasury Wine Estates has brushed off a media report it is looking to buy English wine producer Chapel Down. Last month, Chapel Down said it would consider a sale of the company to find new ways to build long-term growth.UK newspaper The Sun reported Treasury Wine Estates and Accolade Wines were interested in making moves for Chapel Down. However, a spokesperson for Treasury Wine Estates told Just Drinks it "is not participating in the sale of Chapel Down wines". Accolade had not returned a request for comment at the time of writing. Last week, the owner of Accolade agreed to buy a clutch of wine assets from Pernod Ricard. The deal will include Pernod Ricard wine brands such as Jacob's Creek, Brancott Estate and Campo Viejo, as well as seven wineries. The Accolade portfolio includes Hardys, Echo Falls and Jam Shed. In 2023, Chapel Down booked a 15% rise in net sales to £17.2m ($22.2m).Operating profits were up 81% to £2.3m, while adjusted EBITDA increased 87% at £5.4m, helped by "profitable trading" and an adjustment to grape prices following a record 2023 harvest. The winemaker said the year had been "profitable at all levels". Chapel Down harvested 3,811 tonnes of grapes, its highest amount to date. These made up for around 3.4 million bottles. More than two million of these were to be used in its sparkling wines. This figure was an 86% increase on 2022 (2,050 tonnes) and 75% higher than the company's 2018 record (2,173 tonnes).In a statement released 25 June, the group said it would "consider all alternatives" including "a sale of the company" as it conducted "a strategic review of the options" with an aim to boost profits, Chapel Down also said it intends to examine "investment from existing shareholders, investment from new shareholders. and other relevant transactions". The move comes as the group looks to support future investments in new vineyards and a purpose-built winery, due to be completed by the 2026 harvest. It also plans to inject an unknown sum into developing its brand home in Tenterden, Kent. Treasury Wine Estates rejigged its corporate structure last month, merging a team focused on revenue growth into its premium-brands division. It has been reshaping its portfolio over the last year, as the company puts more emphasis on its "premium" and "luxury" ranges.

[ayl30] 22/7/2024 22:13

Gusbourne joins the great British wine salehttps://www.thetimes.com/article/57e5e9e9-214e-4235-8080-14f603aa38bb?shareToken=09796db50bf1319b53e30a81e823d3a9

[ayl30] 22/7/2024 22:13

Now Gusbourne hoists the for sale sign

[chutes01] 19/7/2024 13:56

Let’s hope bid war and £2

[castleford tiger] 19/7/2024 13:44

THAT STORY IS DOING THE ROUNDS IN THE TRADE

[ayl30] 19/7/2024 06:48

Yes, not often though. No one else seems to have featured this rumour

[rimau1] 19/7/2024 06:39

The Sun has an exclusive lol

[ayl30] 19/7/2024 06:15

https://www.thesun.co.uk/money/29304278/chapel-down-australian-winemaker-bid-business/

[castleford tiger] 10/7/2024 07:35

ayl
further to go?

[ayl30] 10/7/2024 07:25

81p to buy this am ?

[ayl30] 09/7/2024 20:55

Effectively they said we are open to offers. The fact that share price continues to rise suggests they are attracting interest from perhaps a French company looking to take a strategic stake in UK wine industry. Won't be long now before they reveal all. I am a holder with ave buy price of 44p so quite content with developments

[dplewis1] 09/7/2024 17:41

Yes. Does seem odd, usually a dreaded "strategic review" doesn't end with a 30% rise in the share price .

[castleford tiger] 09/7/2024 17:19

Is this a new closing high?

[chutes01] 09/7/2024 15:30

Taittinger being made to fight for a little bit of English wine
£2

[ayl30] 09/7/2024 15:03

Auction going on behind the scenes?