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Share Name Share Symbol Market Type Share ISIN Share Description
Coral Products Plc LSE:CRU London Ordinary Share GB0002235736 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50 -3.51% 13.75 13.50 14.00 14.25 13.25 14.25 222,948 12:55:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Industrials 22.3 -0.8 -1.0 - 12

Coral Products Share Discussion Threads

Showing 3001 to 3022 of 3025 messages
Chat Pages: 121  120  119  118  117  116  115  114  113  112  111  110  Older
DateSubjectAuthorDiscuss
11/6/2021
20:47
From: Https://masterinvestor.co.uk/equities/small-cap-round-up-featuring-coral-products-national-world-sdi-and-more/?mc_cid=1bd6e3958a&mc_eid=101881f8e5 (on 11/6/21) Coral Products (LON:CRU) – £12m tag, £7.5m cash, £11.7m sales and £1.1m profits severely undervalued Following recent disposals and the acquisition of a very useful new subsidiary this plastic products group continues to look too attractive to disregard. With its shares trading at just 14.25p, the group, with three profitable and cash generative subsidiaries, is capitalised at only £12m, yet it will end the year with some £7.5m cash and making £1.1m pre-tax profits on some £11.7m of group sales. That is totally the wrong price and eventually the market will realise the value of its shares. Still time to get aboard while others are dithering. I consider that there is easily 25% in the shares in the very short-term. (Profile 28.04.21 @ 14p set a Target Price of 18p)
this_is_me
09/6/2021
20:39
Well charo, he has done both before in fact he spent a few years driving it down from around 25p to under 5p and he is still struggling to get it above 15p but if he did not smile and get on with it, I guess he would be in his grave by now but I may well be in mine before the share price gets back to 25p if ever. If ever he had a loyal follower that would back him to the hilt it must be you, maybe your his blood brother.
clocktower
09/6/2021
18:39
Or sixpence into a penny. JG must despair at BS he is subjected to. Or most likely smiles and gets on with it.
charo
09/6/2021
17:19
LOL temelco. One more comment I will make is that the options that JG bought shares that might have been used had the share price reached higher levels are not worth a lot more than the company paid for the the last purchase. What they have saved is the dividend payments that would have been made in respect of those shares. The problem the business has now is finding a way to attract the major investors, as the company has effectively become a handful of small enterprises with limited potential, whereas while Haydock was in the picture the potential was available because of the size and equipment in the factory. The bulk of the shares may well become owned by a larger group of small investors and most held in nominee accounts like many on the list of holders of over 3%. Https://coralproducts.com/stock-exchange/ It will be interesting to see if there is a change in the numbers when the list is next revised. The best bet is to find someone that wants to reverse into CRU for its profitable businesses and cash assets (well hopefully by the end of this year). A business that shareholders would be happy to swap their current shares for their paper, that would offer an immediate premium in the market. A share deal to put it plainly, that would provide a good cash cushion to the buyer with potential to grow because of the extra cash pile available. It would be a big mistake if the BoD used the cash to tack on another tiny fish from the pond. It would also be a great way for any current CRU holder to exit at a premium, as even JG might sell his to an institution. No boutiques what is needed is a grand powerhouse of talent that knows how to turn a sixpence into a crown.
clocktower
09/6/2021
12:25
JG did mention "boutique" "specialist" add ons. CT you would be the man for this. It just occurred to me the recent buying in of shares might be about the same as those issued for the acquisition? Just a thought
temelco
09/6/2021
12:18
Thanks clocktower. If the forecast eps 1.27p in current year is correct and expecting growth in all 3 divisions they're undervalued especially when you strip out the 7.5m cash. What they do with that cash is the question.
paleje
09/6/2021
11:04
Hopefully we will be able to see the recording before to long, for those of us that missed it. What an awful time to present. I have looked at the forecasts and what I do not understand is why borrowings are still forecast to be £1.1 million as of April 2022 bearing in mind the cash due at the end of 2021 from Haydock. That's PowerPoint presentations for you of the type Jeff Bezos does not like but that might have been answered in the presentation I guess. Anyone have the answer? The most important point at the footnote on the slide is "Forecasts are as per Research Tree and can vary according to actual performance"
clocktower
09/6/2021
11:03
Perhaps not Zoolook, but he did say that they have net cash of £7.5 million and are dividend paying. He explained that they now have three profitable subsidiaries each with good growth prospects. This may not appeal to punters but it sounds pretty good for a company valued at around £12 million.
mjcrockett
09/6/2021
10:11
Clearly not a compelling enough presentation to get the punters onto their brokers this morning
zoolook
08/6/2021
22:04
Solid performance - I'd say the take was they are going to add businesses with the cash. JG did confirm once Haydock sold they would have circa £7.5m cash and if my maths is right the business is worth 18p as of now.
temelco
08/6/2021
21:50
Anyone manage to hear Shares update on Coral this evening? I missed it. Would love to know if anything interesting was said?
ifaze
08/6/2021
18:47
Summary of webinar appreciated (I’ve not got enough signal)
zoolook
04/6/2021
09:39
LOL charo - do the Hokey Pokey at the right time and you receive more than a dividend, get it wrong and you get a dividend. :-) Https://www.youtube.com/watch?v=Zh2PalZFs0g Have a good weekend and good luck.
clocktower
04/6/2021
09:18
Wow even you cannot seriously think capital growth of 20% is not exceptional. Most managers of money would kill for such a performance.
charo
04/6/2021
09:11
It was heading for insolvency well before 2016 when JG first bought in and saved the remaining shareholders skins. However, you cannot rest on your past laurels or be judged on your past mistakes, and some of mine have been financially painful to bear but I do commend JG for recovering a bad situation and making it palatable once again. CRU has over the years (since JG bought in) been one of my luckiest investments, over many years but sometimes ones luck runs out as I have come to accept the unexpected and face the facts not as one would like them but as they are. In your opinion there might be a net worth of 20p but the real value is only what anyone is willing to pay for it at any given time. Sometimes a lot less, sometimes ridiculous amounts more. I was once prevented from paying over the market odds for a property because the government in the location were controlling the prices, and after considerable pressure, I had a meeting with the politicians that were preventing me paying what I and the seller valued the view for, as the bricks and mortar were not what I was paying a premium for. At the meeting the leading lady that was doing all the talking, had a huge diamond ring on her finger, and I suggested to her that I presumed she or the purchaser had paid a very considerable amount of money for what is nothing more to me than a shinny small glass rock on her finger, and pointed out that clearly she perceived it to be of value to her by either adding to her appearance or because she was trying to show her perceived wealth to others. Not long after the meeting I had the all clear to purchase what I wanted at the price I was willing to pay and the seller was willing to accept. No willing sellers and the price often rises, however it is clear that there have been plenty of willing sellers of Coral's shares since it hit its recent peak of just over 15p. So that is the current value, as under 5p was not that long ago. I currently think it is a very good buy if you want dividends but little more than 20% capital growth over the next 12 months (if your lucky) but if JG messes up again you might not see that capital growth. DYOR each to their own lets do the Hokey Cokey once again. :-) Https://www.youtube.com/watch?v=22kqia2ibVU
clocktower
03/6/2021
18:30
I am sure he has always thought that charo, and if you truly believe that please inform us all why. Just look at the results over the past 4/5 years - not exactly a five star performance, in fact minus two stars might be generous if you consider that the share price was over 24p Jan 2016. So if you bought into the performance then, you have only enjoyed the dividends during part of the time since, your money has lost a considerable amount of value if you held onto the shares since 2016. Easy to blame those he picked to run the business but it was the BoD that went into the automotive trade etc etc. In fact COVID-19 seems to have been a stroke of luck after all for CRU as you pointed our previously that the stock had risen from under 5p since last year. I look forward to his presentation (if it is on catch up)
clocktower
03/6/2021
17:47
Think JG knows exactly what he is doing.
charo
03/6/2021
10:02
It seems that others are heading for the exit no matter what the maths appear to be. It seems like if JG is looking for an exit above 15p he has an uphill struggle as I doubt that if you take the cash out and returned it to shareholders you would be able to raise the balance of the current market value from the three remaining businesses. While they are nice little businesses in themselves, what chances are there of them growing into much larger enterprises and fueling growth?
clocktower
01/6/2021
17:43
Looks fairly valued now to me. Time to move on for me. It has been a nice ride.
eezymunny
01/6/2021
16:54
Agreed & an annual dividend of1p (around7%)would be covered more than twice by post tax profits
base7
01/6/2021
14:27
Assuming current trading in line with market forecast dividends will be funded from earnings and with the profit to come from sale of freehold property. The net free cash will be some £7 million . Assuming keeps to previous strategies this should enable acquisitions adding £1.5 million to post tax profits. Do the math.
charo
01/6/2021
14:18
A very attractive 5% yield would be a price of 20p per share. This looks far too cheap at under 15p. Won't be surprised if further share buy backs are announced in due course.
ifaze
Chat Pages: 121  120  119  118  117  116  115  114  113  112  111  110  Older
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