Coral Products Share Discussion Threads

[sharw] 31/8/2016 16:04

...and there I was, thinking that temelco's post referred to the 2.5m shares @ 19p @ 10.39

[charo] 31/8/2016 15:16

temelco just read chairmans statement under trading.refers to expected further benefits from merger of tatra rotalac,further benefits from investment at haydock.improved trading interpack and full year overhead savings.finished with confident about further year of improvement.gearing well down dividend substantially increased.gain no hype no rammping just delivery.

[temelco] 31/8/2016 12:29

WHOA!!!! Where did that come from?

[charo] 29/8/2016 19:49

Look at merged tatra total account. Similar sales and with capacity to grow.Also haydock is a very under utilised asset with new investment yetc to impact.So 3 potential jackpots.

[temelco] 29/8/2016 18:09

??? Charo, that's an interesting comment.....

[charo] 29/8/2016 14:54

But may not be next year.

[valuschmalu] 29/8/2016 11:31

Perhaps a controversial suggestion but I think a renaming of the company is in order to make a clean break with the past now that media sales are almost zero. Given its the biggest part of the business, I think Interpack makes sense.

[oldvic] 26/8/2016 23:35

me toooooooooooooo

[sharw] 26/8/2016 20:12

Significant in terms of the average daily volume of 50k. The results came in bang on forecast of eps 2.2 and D 1.0 so on a p/e of under 10 and yield 5% I'm very happy to hold.

[markth126] 26/8/2016 18:42

Dumped 200k , that's 0.25% of the issues s/cap. Is it really that significant. This is tightly held between institutions and directors. Keep the faith!

[sharw] 26/8/2016 17:34

After someone dumped 200k shares on the market yesterday the buyers are back and it has moved to 18.5/19

[oldvic] 25/8/2016 16:45

maybe something just round the corner as results were delayed a tad wernt they ?

[oldvic] 25/8/2016 16:25

i hold and hope

[markth126] 25/8/2016 16:18

Well I'm in for another batch now hold nearly 200k of these and will add on any further weakness. It's a solid business in my opinion. Keep up the good work coral!

[charo] 25/8/2016 16:07

Coral would need announce but no need of cash balance sheet very strong probably distressed seller

[oldvic] 25/8/2016 15:57

hope its not a placing

[charo] 25/8/2016 15:46

Big sell order someone in trouble but it isn't coral going good strong.

[valhamos] 25/8/2016 08:19

I think these are decent results with more to come as signalled by the uplift in dividend. The benefits from the more recent acquisitions are yet to be felt which should compensate for the variability of trade moulding revenue (it fell from £2.9m to £1.2m in the year).

[temelco] 25/8/2016 08:18

I usually try to go, usually interesting. A year of transition perhaps??

[timbo003] 25/8/2016 07:45

The Annual General Meeting to be held at Tatra Rotalac Limited, Southmoor Road, Roundthorn Industrial Estate, Wythenshawe, Manchester M23 9DU on 28 September 2016 at 12:00 p.m


Does anyone here go along to the AGMs? It's a long way to travel for a Softy Southerner like me, but I will try to go along this year if I can combine it with another reason to visit the tundra.

[timbo003] 25/8/2016 07:33

Lookin' good, what's not to like?

[sharw] 23/8/2016 15:25

clocktower - point taken - in last year's annual report we were told:

"The first two purchase orders total £2.1 million and are part of a ten year supply agreement that was signed in June 2014. Deliveries of the crates are scheduled to commence in August 2015".

This compares with annual revenue in the last financial year of £17.4m.

The £2.1m compares with a 'Highlight' in the preliminary statement:

"Ten year supply agreement with a leading national on-line retailer for a range of totes with expected revenues of £8m over first two years".

As for further orders we will have to see if anything is mentioned in the next few days. The problem with this, and all other trading matters, is that we have not heard anything from the company for almost 9 months.

[clocktower] 23/8/2016 13:46

sharw, That is correct but those orders would I assume have been completed or well on the way but if you recall they expected to receive further large orders following these two from the company in question. They, to the best of my re-collection have not mentioned further large orders for these totes. Correct me if I am wrong but while they expected it to have a positive impact, the question is - how much of an impact?

[sharw] 23/8/2016 13:10

clocktower - the last trading statement was the interims on 2/12/15 and includes:

"Having received final approvals we have commenced production for our agreement to supply a range of totes to a leading national on-line retailer which will have a positive impact on the second half".

So I don't understand your statement

[clocktower] 23/8/2016 08:04

Remember the large Totes order - They received two before even delivering the first with the expectation of more to come but was there ever any further orders and has any problems been encountered?

If no further orders were received, what is filling that hole?