Chelford Share Discussion Threads

[blueblood] 24/2/2005 08:57

Good news about another major investor. Hope this goes into rocket phase again soon on results run up.

[money4me] 12/2/2005 14:34

yeah it tends to go like that, when it starts moving it should be a good mark up

[this_is_me] 11/2/2005 18:44

It looks like it is back to sleep here as the share price is doing nothing. The prospects are still great.

[pc4900074200] 04/2/2005 23:51

cotty12

Last years Final Results were 26th March.

Hope it helps.

pc

:-]

[this_is_me] 04/2/2005 21:13

I have put my money in - it's just a matter of time; eventually the share price will take off as more discover the company and buy some shares.


results "early April"

[cotty12] 04/2/2005 16:34

Am I right in thinking results on 28/02?

[money4me] 04/2/2005 15:51

hopefully another good run into the finals and then more interest will see it reach new highs

[cotty12] 04/2/2005 15:34

its about time we get a sustained increase in the share price as this is undervalued, how long have we got to wait to see potential fulfilled within the share price?

[baughfell] 03/2/2005 19:50

Very good to see a "strong buy" rating even after the recent surge. Does anyone have the research note?



LONDON, February 3 (newratings.com) - Analyst Robert Sanders of Arbuthnot Securities maintains his "strong buy" rating on Chelford (CHR.ISE). The target price has been raised to 275p.

In a research note published this morning, the analyst mentions that the company has won a contract from Inter Link Foods to provide its TROPOS ERP software and associated services worth £350,000. The analyst expects Chelford to continue to gain market share in the near term. The company's stock is undervalued at present, according to Arbuthnot Securities.

[this_is_me] 03/2/2005 10:07

I increased my holding this morning following the excellent trading statement.

[this_is_me] 03/2/2005 10:05

With single figure P/E and impressive growth this company remains overlooked. The web site, has copies of the press releases of contract wins

[aspex] 03/2/2005 07:26

New from Chelford
A.....

27/01/2005 ~ James T Blakeman & Co Limited Enthusiastically Embraces Modern Technology
--------------------------------------------------------------------------------
Thanks to SSI, James T Blakeman & Co has introduced new IT systems to reduce production costs, increase management information, and ensure full traceability.

B.....

Undated but February
Inter Link Foods Builds Its Future on a TROPOS ERP System
Leading cakes and pastries manufacturer Inter Link Foods plans to support ambitious future growth with their new TROPOS ERP system from SSI.

Information Strategy Imperative
The ten-year old Blackburn based company has risen to number two in the 'own label' UK cake market. The investment of around £350,000 in the TROPOS system will help win new sales, drive down costs and achieve group-wide efficiencies.

Group Financial Director Chris Thompson says an information strategy is imperative for Inter Link Foods, following acquisition of ten food businesses in the UK and Europe in the past eight years. "So far we have run the businesses using local management knowledge and legacy systems. We have now reached the size and complexity where we need a best-of-breed IT systems to help us manage the business more effectively at group level."

IT Showcase
Inter Link Foods selected the TROPOS ERP solution following a visit to the IT Showcase for the Food and Drinks Industries held at Microsoft in November 2004. "SSI's solution reflected our requirements - initially for 30 users but with plans to grow - and our need to go live fast, by the start of our financial year in May 2005. Their people had good experience of the food industry, and spoke our language. Importantly, TROPOS interfaces well with our other systems - Exchequer financials across the group, Ramesys Creations for product development, and a new business intelligence system. SSI will also manage the TROPOS system for us, through their remote systems management service."

Trevor Lewis, SSI managing director, says: "We are very pleased that Inter Link Foods has chosen our TROPOS system to support their business operations. It particularly underlines the TROPOS position as one of the leading systems in this marketplace."

Key Performance Indicators
Inter Link Foods has been a high achiever throughout its history. AIM company of the year in 2001, its growth pattern continued with sales up 35.5% during 2004 compared to the year before. Chris Thompson sees the TROPOS solution as integral to continued success. "Future growth will come partly from planned acquisitions, but consolidated information across the group will give us the chance to exploit new market opportunities and cut costs," he says.

A major objective of the strategy is to give senior management Key Performance Indicator information, so that the company can react faster to existing customer and new market requirements. TROPOS will provide the core information, presented as management information about business performance in areas such as customer orders, product-by-product manufacturing status and ingredient stock positions.

"TROPOS, with a business intelligence front end, will give us fast information – right to the desks of the company's management," says Chris Thompson. "We are working increasingly closely with our retail customers, and it's critical to our customer relationships to see our production positions real-time, so that we can agree production priorities with them dynamically."

Ramesys Integration
Also important in meeting customer requirements is TROPOS integration with Ramesys Creations, the leading product innovation and development management system. Inter Link Foods have been using modules of Ramesys already, to meet some of its multiple retail customers' demands for common file standards for recipe and ingredient information.

SSI have teamed up with Ramesys to offer a fully integrated solution, so Inter Link Foods will now implement more Ramesys product development functionality. This will position Inter Link Foods well for the expected increase in software standardisation demanded by the big multiples in future. It will also help the company to automate and speed up its recipe development for new product lines.

"New product development is very important to us," says Chris Thompson. "Customers want a stream of new products. We will be able to develop recipes and cost them real-time in the kitchens."

Big Potential Benefits
Apart from helping sales, the TROPOS based strategy is expected to deliver greater efficiency and cost savings across the group. Chris Thompson says: "One of our objectives is to manage our margins more effectively. We need to know accurately the cost of production by product. TROPOS will give us that critical information to help us manage profitability across the range."

TROPOS will also be used to capture more detailed information on current stock holdings. Usage and wastage data will help purchasing teams know what volumes of ingredients to order, and drive keener deals as a result. Storage decisions can be made more efficiently.

"Our business strategy is now aligned with our information systems," says Chris Thompson. "That is key to our future success. We're feeling huge enthusiasm from our side now as people see the big potential benefits of TROPOS across the business."

[aspex] 31/1/2005 07:13

...from WatsHot.com

[johndee] 30/1/2005 23:53

No relation to Luke Johnston...or was it Luke Johnson

[aspex] 30/1/2005 19:13

This quote from Bill Johnston in promoting Maxima, a recent AIM float with similar profile to Chelford:
"I have also observed another quality look-alike, Chelford, as it emerged into the sunlight of positive trading. (Chelford issued a very upbeat trading statement recently). Both companies' share prices are poised to vector with their future anticipated earnings at price: earnings ratios at about 13.5 times at some future point in time."

Bring it on!

[shirishg] 30/1/2005 05:50

Post removed by ADVFN

[wild bill] 30/1/2005 01:42

quiet in here

[aspex] 26/1/2005 21:21

Small consolidation at the support. Excellent.

[timsnaps] 26/1/2005 08:53

aspex

Agree there's no real reason for a fall much further from a fundamental point of view.

Problem with small shares is the supply and demand on small volumes tend to alter the price substantially, and the price can and is manipulated by the MMs. They took the price up on camparitively small volumes and might well walk the price down as interest disappears till results.

There's been some buying this morning so there could be a consolidation here for a bit or even a small rise as the chart shows support at 225p from the peaks as a resistance line in September last year. Resistance lines often become support lines from the other direction.

260p is the next stopping area on the way up chartwise, and the price could oscillate between that and 225p while it takes a breather.

Time will tell, and I await now on the sidelines with interest.

[aspex] 25/1/2005 18:23

A good sign is that nearly 95% of the selling was completed by midday.
Only a trickle in the afternoon and there may be a small amount early Wednesday as some sellers make an overnight decision.
There is now little reason for the price to fall much further except that the actual results are late march and we need some more business reported to keep it going.

[money4me] 25/1/2005 17:40

yes the pullback has to happen sometime. just hope it steadies above £2

[timsnaps] 25/1/2005 12:25

Don't think it's weaker investors selling as there are larger volume sellers too. It's just people taking profit fom a 65% rise in a week and who wouldn't? I did! It's a better return in a week than 10 years in a Building society!

That's not to say CHR wont move higher at some stage, but the chart has been going vertical, and nothing goes up in a straight line for ever.

I'll probably buy back in when the price settles as I think this is a great company.

[pc4900074200] 25/1/2005 09:24

aspex

Looking good.

Weaker investor's selling, but larger volume buyers
stepping in to fill the gaps.

Expect the share to retract, but will end with a stronger base.

pc

[aspex] 25/1/2005 08:42

I suspect the thinness of the market in CHR shares will mean a pullback on weakness. Perhaps a further surge is in order once this has occurred.