Coral Products Share Discussion Threads

[hatfullofsky] 06/3/2023 18:11

In the Simon Thompson - Investors Chronicle article he has a target price of 22.5p on a EV/Ebitda multiple of x6 FY24 earnings, giving a PE of 9.

I'm much more bullish and am looking for 30p driven by new products and group efficiencies.

Nice 8% dividend too

[clocktower] 06/3/2023 15:47

Good luck to those still holding. What percentage upside do you think you will make in the next six months if your buying now?

[hatfullofsky] 06/3/2023 15:30

Brilliant and you now have another twitter follower.

[mginvestor] 06/3/2023 15:02

yes just tweeted it out:

[base7] 06/3/2023 14:58

‘A quick turn of 100k’ would always be interpreted as an expected profit of 100k.A quick turn on 100k shares would be entirely different proposition which I also understand .Either way when I saw the massive volume increase I assumed you may have been trying to build the 2 mill share holding referred to .
Good luck to all & anything over 20p would be very positive

[hatfullofsky] 06/3/2023 14:55

mginvestor - do you have a link ?

[clocktower] 06/3/2023 14:48

Anyone can think what they like bishan bedi. :-)

Have a good day.

[bishan bedi] 06/3/2023 14:06

Anyone would think you had bought back in with that sort of comment clockers

[clocktower] 06/3/2023 13:39

Looks like it will break the recent high of 18p very soon.

[clocktower] 06/3/2023 13:28

LOL - Hat - I am used to waiting and spotting movements. :-)

[mginvestor] 06/3/2023 13:24

CRU has just had a detailed 28 page report out by Simon Thompson of IC with a 22.5p target price.

I continue to hold. Have to be patient with this one.

@mginvestor

[hatfullofsky] 06/3/2023 13:24

clocktower 3 Mar '23 - 16:05 - 3320 of 3326

"Well done deadly, I am still waiting for 14p", and no Hat - I have none to sell - better growth stocks around"

You may have a long wait clock.

[horndean eagle] 06/3/2023 13:16

obviously been tipped somewhere. cant find anything yet tho

[clocktower] 06/3/2023 13:10

base7 - I said just 100k of shares not £100,000.00 if you check the post, I think you are referring to.

[clocktower] 06/3/2023 13:07

It is buzzing today -

[base7] 05/3/2023 07:27

Big ask Clock -so to make a £100k turn yiu would need to buy 2 mill @ 14p with view to selling @ 19p.Wont be easy to buy2 mill in market although you could canvass holders of large positions but I doubt any would sell unless they expected a profits warning in the next month or 2 ,in which case you will able to buy as many as you want in market at much less than 14p.trying to trade an illiquid micro stick like Cru is a high risk game .
I am hoping profits will be in track ,divisions will rise & Cru will prove to be a fairly safe but dull high yielded with potential for a a future exit @ ,say,25p,ie decent capital gain * yield .I would buy more if we fall to 14p offer ,as I suspect would others in the absence of adverse news

[faz] 03/3/2023 19:36

I think this is due for a turn Why? Because all the movement is in small share buy/sells; if there are six month figures in three months equal to the last then this is way undervalued. If not then its maybe fair value. I dont play trends and can suffer £ from it, but if this turns it will be on news, so maybe a couple of months to wait

[charo] 03/3/2023 17:52

Growth stocks like made.com,Thg,versarian,magpie,AOL,Victoria plumbing,and on and on.

[clocktower] 03/3/2023 16:05

Well done deadly, I am still waiting for 14p, and no Hat - I have none to sell - better growth stocks around, and as I am not after dividends it would only be for a quick turn of 100k or so when I buy again, and hopefully they then do not fall further, or I will stick with them and accept the dividends.

[deadly] 03/3/2023 14:15

Bought some at 14.7 today

[hatfullofsky] 02/3/2023 11:59

All acquisition equity element have 12 month lock ins. The first expires in May 23.The EcoDeck founders recently bought more.There is incredibly low volume, so the small sells are pushing the shares down.£13m MCAP with £4m cash, dividend, no funding issues and £36m in sales. It was already in bargain territory.No nearing bonkers territory.

[hatfullofsky] 02/3/2023 11:53

There certainly seems to be a seller out their, very little volume causing the fall. Is it you Clock ;-)

[hatfullofsky] 02/3/2023 11:50

Those folks that took equity have recently added.

[charo] 02/3/2023 11:11

Did not one add to his not inconsiderable holding recently.Maybe know more than we do.
Bunzl a multinational bag of small businesses operating across similar sectors always adding market share.Not all businesses have to be world leading disrupters,but steady earners over time.Again not many profitable cash generating dividend paying companies left on AIM.

[clocktower] 02/3/2023 09:24

Coming into focus. Those folks that accept part shares rather than cash for their businesses may be wishing they had just insisted they were paid in cash.