Coral Products Share Discussion Threads

[kirmich] 16/1/2019 20:22

What has transpired regarding Numbers and cashflow the last few months were deductable from previous rns if you read between the lines.

Now, new ballgame. Not really sure how the future will turn out, but we can be sure it is in the hand of a very good ceo. Tote order was good, plastic tiles lead looks promising. It shows they are trying to keep the factory busy and looking forward.

CEO is following his COO past and optimalising the factory. I wouldn’t be surprised the recycling is his idea. And i would actually applaud it and wouldn’t be baffled if their next eventual acquisition would be in the recycling business.

If they can keep adapting and growing outside of their comfortzone, this could be multibagger material down the line. But there will be hiccups. Don’t expect a new recycling plant to run at 100% from the start. Has it even been commissioned yet?

Long 200.000

[base7] 16/1/2019 18:33

Is it fair to assume therefore that our new recycling plant is installed & ready for action - or are CRU trying to whip up interest in sending their waste suitable plastic waste to us in order that we can stockpile before recycling

[clocktower] 16/1/2019 14:44

I notice on Coral`s twitter account that they appear to want more PP and HP plastic to recycle - which is surprising that they have more capacity to re-cycle plastic than they are receiving from around the Haydock area.

I also see that business are appoaching them from all parts of the country that needs recycling systems using the company products.

[clocktower] 15/1/2019 13:27

There used to be a regular 100k seller, now we might have another 25k seller in the picture - or could it be the same seller with just the remaining balance to clear?

Still there is reasonable support at around 13/14p and I would be happy to start adding if the offer slips back to 12p but I will be surprised if it gets there, and should we get more positive news I would not be surprised to see it head well past 16/18p in a short period of time.

[clocktower] 14/1/2019 15:49

There seems to be a substantial seller in CRU today, which I guess was to be expected in the current market and bearing in mind that the share price had last week had buyers paying 14.25p

Is there a buyer for this stock at around 14p?

[clocktower] 14/1/2019 14:43

I notice by chance a company in Somerset that is selling Coral`s products on-line, are there many others?

[clocktower] 14/1/2019 14:43

I notice by chance a company in Somerset that is selling Coral`s products on-line, are there many others?

[clocktower] 14/1/2019 14:06

Still plenty of headroom and as you say base7 - the share price is likely to move quickly on more good news - thankfully little income is generated from the EU although it could become a growing market but for now I think they must have a very full order book and bar further investment will I expect soon have little headroom to produce more if an order is signed for roof tiles or any other big council order comes for re-cycled bins etc.

[temelco] 13/1/2019 00:43

Got out around 20 but have been creeping back in for a few months. Looking very much more positive ( barring accidents)

[base7] 12/1/2019 18:01

This has been a Dog (apart from short bursts of optimism)for years & profit warnings in consecutive January's has hardly helped sentiment .
The worm (dog) may be about to turn as we now have a CEO who,probably for the first time ever) has a strong history in the sector & seems to have turned Mouldings around very quickly .Recycling is a new & sustainable revenue stream & barring any more accidents we should be set fair for increased profits,cash flow & dividends.
We must have one if the smallest free floats in the whole Market,meaning our share price will respond positively ,one day,to continued positive news
Held & accumulated over several years & no plans to sell

[clocktower] 11/1/2019 13:13

I notice there have been a couple of small buys at over 14p - This is the first time since around mid- September 2017 that the share has breached this figure. Onward and upward.

[clocktower] 08/1/2019 16:50

Thanks atholl91 - I thought it was but the trades today made me question it.

[atholl91] 08/1/2019 16:38

CT. My info is that the 250k @ 12.75 was a buy.

[clocktower] 08/1/2019 16:19

Surprised to see this sink back following the great news but I guess yesterdays 275k trade was a sell and is the 100k seller that is around but this time bigger slices being unloaded.

Surprised we never had a RNS in the past about a drop in holdings as they must have gone through more than 2.5 million over the past 12 months that the 100k seller was around - unless it was more than one.

[clocktower] 07/1/2019 17:20

A sizeable trade of 250k @ 12.75p - looks like a sell but could it be a director buy?

[clocktower] 07/1/2019 08:38

looks like the early morning speculator that bought 10k at 13.95p has thrown their hand in early and sold for 13p - crazy if that is the case, as it is clear the market has not grasped the potential yet.

[clocktower] 07/1/2019 08:05

Once the market wakes up to the news, I can see this hitting the 20`s before the weeks out, based on future prospects.

[this_is_me] 07/1/2019 08:03

Two bits of good news. There must have been few days off for the sales team over the holiday fortnight.

[temelco] 07/1/2019 07:48

I always understood that"price monitoring extension" took place when there was a mismatch in buy and sell orders. It was an attempt to create a balance. I THINK that's what Googe saus

[clocktower] 07/1/2019 07:39

There is the start of the exciting news that I expected follow the transfer of shares into an ISA by a director.Another huge Tote order to take the company`s order book up again.

The possible roof tile business looks to have huge potential now the recycling plant is installed.

[charo] 06/1/2019 13:47

Google price monitoring extension.If you understand process explain it to me.

[valuschmalu] 06/1/2019 13:03

what does an second price monitoring extension imply? sorry if stupid question

[clocktower] 04/1/2019 17:43

First time for a very long time since they have had a second price monitoring Extension, an extended auction period.

Its going to get interesting next week imo.

Have a good weekend all.