Coral Products Share Discussion Threads

[charo] 29/10/2021 14:52

Ct you have been consistently wrong.
The balance sheet adjusted for earnings to date plus sale of property,clearly show cash ,including treasury stock,£8mill plus.
JG will not give away his efforts and looking at previous vehicles will push forward adding accrediting activities.
Eps should hit3/4 p next year

[markth126] 29/10/2021 14:51

Some of these trades yours CT reducing ?

[clocktower] 29/10/2021 14:43

I hope your correct charo but I have to admit that I will not be hanging around and living in hope.

You see charo I did not agree with a couple of figures you posted not long ago - there will not be £8 million in the bank on the sale of Haydock - it will be under that.

Going forward bar a RTO I also have concerns about how they are replacing Global Pack as clearly there are serious problems in that business. There are bound to be costs around adding a new entity on, in place of it imo.

However, that said I still think it might get taken over.

[charo] 29/10/2021 14:35

Target 30p 2022.

[markth126] 29/10/2021 14:28

MMS will take 175000 off me at 16.2 so they are still hungry at this price! Holding

[temelco] 29/10/2021 14:27

CT even at 20p the divi has to be worth having so maybe its as simple as that. Can you reinvest for such a return?

[clocktower] 29/10/2021 14:19

Will this be it, or will there be a RTO is the question crossing my mind. Does one take profits now and miss the dividends or sit tight for a few more pence - as after dividend day it could drop back unless there is more to this than meets the eye.

Hmmmmmmmm.

[markth126] 29/10/2021 13:03

Someone Seems to buying any quantity they can get hold of, market waking up or one person accumulating! Happy I completed my business here yesterday

[markth126] 29/10/2021 12:47

Flurry of buying activity this early pm

[clocktower] 28/10/2021 13:06

Building up and ready to blow again and move up with just one MM left on offer at 15.5p

[clocktower] 28/10/2021 13:06

double post error.

[clocktower] 28/10/2021 10:32

Well done mark a great buy for the dividend alone. I was fortunate that I was cash positive on 5/6th October when I filled my boots at just over 13p - A crazy day, a bit like yesterday, as the headline numbers at a glance could be mistaken as no dividend when results were released, as was pointed out at the time.

[markth126] 28/10/2021 10:20

Got them for 15.4 but not showing on ADVFN

[clocktower] 28/10/2021 10:08

Are you struggling to get 100k under 16p mark?

[markth126] 28/10/2021 09:56

Another 100k for me then. No brainer at this level still, just needs to be picked up by tipsters and div hunters now

[charo] 28/10/2021 09:51

As all should know such announcements have to be cleared by advisors whose duty is to ensure information is accurate and transparent.
My Xmas div is already spent😃

[clocktower] 28/10/2021 09:43

Charo - it was pretty clear to me that many were just confused and it seems that it was after I posted about the "super dividend" that the question was asked by another poster, which you responded too.

Unlike you, I can understand how the dates confused and the fact that H1 figures will not be available until November.

Still this is off and running today at last and hopefully heading towards 20p

[charo] 28/10/2021 09:36

How confusing can clarity be.
If you can't read announcements maybe you shouldn't be investing.
My read is that with imminent sale of property if did nothing could pay 1p for 10 years and stll have £8 million in cash at end. 5/6% ad infinitum.

[clocktower] 28/10/2021 08:38

Good morning all, I would have thought we would have seen a flurry of buys first this morning, when the penny dropped about the dividends.

Because of the ex-div date, I think it confused many and they had not understood the RNS fully, hence the selling, however it gave some another buying opportunity, and I expect the tipsters will pick up on the 1p before Christmas.

[clocktower] 27/10/2021 17:11

JG really knows how to confuse charo.

20p soon hopefully.

[charo] 27/10/2021 16:45

Yes 2 payments final 2021,interim 2022.1p in total before Xmas.

[foldender] 27/10/2021 16:40

Can anyone clarify regarding the dividend? The final results announcement on 5th October refers to payment of a final dividend on 30th November. Today’s announcement refers to an interim dividend to be paid on 3rd December. This seems to be too good to be true. Am I correct in my understanding of these announcements?

[clocktower] 27/10/2021 15:23

Well put mark but I would rather see a quick RTO at 20p.

Hopefully JG does not suffer any illness like the MD of Global Pack, or get COVID as I understand he is not that young.

Anyway roll on the super dividend.

[markth126] 27/10/2021 14:58

Think joe and the team have done a great job and as always have posted an honest RNS, I personally think it's a good one and have surprisingly added this morning at these prices. Think there is more good news for Coral in 2022 as the market slowly wakes up to how good a hold this is. Roll on the dividend too!