Coral Products Share Discussion Threads

[clocktower] 17/1/2020 10:14

When you look at the trades over the past month or so, it is clear that there seems to have been one larger seller dumping 200k plus chunks. I wonder how many more they are going to unload and what price will the MM give. I am surprised how many they took at 8.5p after that wedge.

[base7] 17/1/2020 10:03

Clearly the pre Xmas optimism has evaporated & those in the know & The Market are telling us that the results,when issued,will be underwhelming & hopefully not worse .

[clocktower] 17/1/2020 10:01

Looks like it was a bit of a pump to unload by some insider on the face of it. Will we soon hit new lows and will JG be a buyer once again if it does.

I cannot remember them doing a very late RNS before can you?

[markth126] 17/1/2020 09:58

Wasn't expecting this near the results after the climb before Xmas.

[clocktower] 17/1/2020 07:44

bb looks like that might be the case.

[valuschmalu] 16/1/2020 19:10

Pretty poor that they are leaving it so close to the filing deadline. The only 'positive' is they may have decent visibility on the November and December results which they can share

[bishan bedi] 16/1/2020 18:41

I got the impression on the phone that the release would be a on a 'when they're ready' basis rather than the strategic Friday 1605h 'send it and turn the phone off for 48 hours'

Not to say I am not concerned, this mob have done nothing but disappoint me since I first got involved!

[valuschmalu] 16/1/2020 18:36

Not left with a warm cuddly feeling. Wonder if they are in bank covenant discussions?

[clocktower] 16/1/2020 16:30

Spread at close says it all 1.1% More pain to come it seems.

[clocktower] 16/1/2020 08:20

If it`s a Friday, then it is not the best I dare to say. Maybe that is why we saw the couple of bigger sells the other week. just when it looked like it was recovering as well.

[bishan bedi] 15/1/2020 12:09

Results this week if they stick to their word

[clocktower] 09/1/2020 15:33

200k is a pretty large swell for this company, lets hope it is not an insider selling. we need better news after hitting so many bumps in the road of the last 10 years.

[clocktower] 08/1/2020 15:18

Around this time last CRU announced a big Tote order, will there be in news of similar orders in the coming seven days, or are we going to have till March to get any real nnews?

[clocktower] 06/1/2020 15:22

Seems its black Monday, it will take a decent RNS to shift this, I guess it`s the oil price that is having that effect but with so much being re-cycled there is an upside.

[clocktower] 03/1/2020 13:36

well since the offices were closed and the share price bounced, it seems that there has only been a string of sells, which have been swallowed up without any obvious impact on the share price, though the last sale dipped a bit.

What will the next couple of weeks bring?

[this_is_me] 20/12/2019 17:22

Most manufacturing companies and building trades close for a week around Christmas. It involves compulsory taking a few days out of your holiday entitlement whether you like it or not. (One of my children likes being sure that she gets a week off at Christmas!)

[clocktower] 20/12/2019 15:49

Coral Products PLC
‏
"Our offices will be closed from Friday December 20th-2nd January 2020."

Nice holiday for some!!

[this_is_me] 20/12/2019 15:18

We have had a double bottom in 2019 with a target of 12p and it spent 2018 with resistance at 10p so the price action would not be a surprise to those who follow such things.

On fundamentals prospects look brighter with the re-cycling looking to be a good investment and the rise in the £ and oil price looking weak helping polymer prices.

[srpactive] 20/12/2019 14:48

CT

Sorry to all for off topic, but can you look at L2 for aly
as it looks interesting at the moment. tia

active

[clocktower] 20/12/2019 14:25

A game being played by the MM to draw stock out before the explosion imo.If we were to see a huge rise in volumes it could I guess spike up towards 20p with good news, and then maybe settle again towards 15p, unless the news is outstanding or a bid.

[clocktower] 20/12/2019 12:27

Agreed, only 50% to go to reach my first target. Will we have to wait for a RNS in Jan 2020? or get a Santa Bonus sooner?

[temelco] 20/12/2019 12:02

Definitely something afoot. I'm surprised they have not had to make a statement about the rise

[valuschmalu] 19/12/2019 21:02

I think it's because the threat of a Corbyn nationalisation is now off the cards

[clocktower] 19/12/2019 10:54

There might also be another big Tote order as Ocado must be near replacing the Andover
warehouse system by now.

[aleman] 19/12/2019 10:37

Polymer prices have been weak in Europe AND the £ is up against the Euro. It could help margins even if sales are hit and miss.