Coral Products Share Discussion Threads

[aim_trader] 13/9/2011 19:26

Coral Products' "significant acquisition" to return plastic goods firm to growth
September 13. at 3:58 pm
XCAP Securities says Coral, which joined the Alternative Investment Market last week, will benefit from its recent acquisition of Interpack, which "enhances the underlying business and adds significant revenues"

[topvest] 09/9/2011 20:31

Interesting acquisition here backed by Rights and Issues Investment Trust which have a good record. Will keep this on my watch list.

[charo] 08/9/2011 08:44

fair amount of trades,profit takers and who can blame them,price held up well.

[clocktower] 06/9/2011 09:26

Yes - the full picture should make good reading by the look of the hike.

The London Stock Exchange admits the following securities to trading on AIM:



Coral Products Plc

38,135,609
ORDINARY SHARES OF 1P EACH FULLY PAID
(0223573)(GB0002235736)

[oldvic] 06/9/2011 08:53

anyone out there

[oldvic] 25/8/2011 08:48

when may they be relisted
anybody !

[charo] 21/8/2011 11:19

the placing also states that final price is likely to be at top end of earn out.suggests profits circa 900k and with cagr of 30% continuing should see interpack generate 1mill plus next year .if as suggested new business will flow through coral manufacturing easy to see 1.5 mill next year with low tax charge.on 8 times p/E market cap around 10 mill for next year and 15/16 mill following.target price 40p.???

[valhamos] 20/8/2011 15:33

I've received details of the placing at 15 pence of 12m shares and the issue of a further 6m shares as part consideration in the acquisition of Interpack Ltd (www.interpackltd.co.uk). Interpack is a reseller and distibutor of a range of about 300 products to the food manufacturing and food packaging sector.

Aim listing from 6 September.

[charo] 18/8/2011 11:39

see announcement on investegate .co .uk re acquisition and aim listing.

[felix99] 16/8/2011 21:18

Thats from the FULL listing Clocky ! as announced and as approved at the GM. They have said they intend to relist on AIM. Normally you would see that announced at the same time as delisting

I suspect given they are suspended that this wont happen till this deal is done and on completion of the deal the shares will be relisted on AIM at that time. Of course if the deal doesnt happen there is always the chance they may decide not to relist - hey ho .....

[clocktower] 16/8/2011 17:17

Listing cancelled!

[oldvic] 04/8/2011 17:43

glad were suspended

[rohkap] 02/8/2011 21:36

something a lot lower if a major rights issue is on its way.

[clocktower] 18/7/2011 16:51

So all agreed - and what price will they re-list at on AIM?

[rohkap] 25/6/2011 18:49

I thought it was a mixed set of results (more on the downside though). Coral hardly generated any EBITDA in 2H which is disappointing given management's previous comments that new business would bring in higher margins. They're still hit very hard when the price of raw materials goes up. Also disappointed that there will be significant capex again with food packaging moulds, acquisitions and potential moulds for the rainwater terrace if that takes off. Not good news for a potential divi next year. On the plus side, disclosure in the results was far better than in the past. Someone has finally realised by being more transparent could have a positive impact on the share price!

[clocktower] 22/6/2011 09:32

Poor set of results but at least there is sales growth and it seems that there could be merger news on the horizon, hence the recent rise in the share price

[clocktower] 20/6/2011 16:38

On the up again, so I guess you can assume the buyer is back in the market having waited for stock to become available.