Coral Products Share Discussion Threads

[clocktower] 09/11/2020 17:22

One other product they might start producing is the plastic Lateral Flow Device.

There is I assume going to be a huge demand for plastic items to meet the likely demand of this and other products that will need to be obtained rapidly - so one can only assume the makers of these test kits will be looking for UK suppliers (like CRU) to make these millions of products, as any lead time from China is out of the question.

If CRU are quick on their feet, i am sure there are going to be a huge number of openings, in fact seeing how the turnover has grown in a short time (last RNS) I wonder if JG has already seen the start of something huge and orders rolling in for goods that the company is well placed to supply.

We also know that Coral has spare capacity and will be able to meet any demands.

[clocktower] 09/11/2020 16:57

As Charo is so knowledgeable, I was just wondering if he knew if Coral Plc was able to produce plastic vials that could contain the COVID-19 Vaccine doses in - I know that they are usual made from Glass as plastic lets oxygen through. However, in view of the short time that any vaccine is likely to be in a vial, I wonder if they might consider using plastic ones, as I guess there might be a problem getting sufficient glass vials rapidly.

Think of the size orders that might flow in if they were able to supply a suitable vial.

[clocktower] 06/11/2020 17:45

What twaddle from a new arrival to the thread, instead of "dolittle" try doing more research and a lot more. :-)

Yes mark, it would be good to hear from Charo again.

Decent sized buy late in again today, and another drop of a million.

A million drop a day - only about 11 days to go. (If they continue, that is)

[dolittle1] 06/11/2020 00:17

Crash incoming with large shareholder reducing/exiting. Does not bode well for share price.

[markth126] 05/11/2020 22:44

Charo has gone a bit quiet of late, always respected his posts on this board. Be interesting to get his take

[clocktower] 05/11/2020 20:40

New website:

Big improvement and the speed of the site has improved, plus you can shop for a quote.

[clocktower] 05/11/2020 20:35

Buywell, several regulars own a lot more than some of the directors, myself included.

[aleman] 05/11/2020 17:29

So there were 1m sold yesterday at 4.5p. I said it looked like a big sell was being worked with all today's buys not moving the price. Probably needs another few 100k bought tomorrow and there'll be another 1% sold announcement at 4.5p. I wonder how many they want rid of. It seems a good buying opportunity for anyone new but it might take a while to shift all that lot.

Some institutions just don't want to hold market caps under £10m, never mind £4m. It could be a great chance for a related company to get a big shareholding for peanuts with a view to a merger or takeover in time. There must be some company out there that would interested at this price with everyone trying to move manufacturing back out of China.

[clocktower] 05/11/2020 15:15

JG might have asked them to do this in fact.

[clocktower] 05/11/2020 15:06

Not unusual at all imo. Yes you are correct mark, we are fortunate to pick up stock at this level bearing in mind the news.

There are plenty of cases that large investors sell off at base levels to offset profits even elsewhere besides providing liquidity to a stock like this. Without more liquidity they will not be able to unload all they hold much higher up the chain.

[markth126] 05/11/2020 14:52

Ah ok I'll hopefully thank them for letting me have there half million shares in the future . Just seems odd to sell when so involved. Sure jg is keeping things going well down the road at haydock

[clocktower] 05/11/2020 14:49

If they were dumping most, you would not have seen a RNS for around 1%. Positive news.

[clocktower] 05/11/2020 14:48

Not at all mark - providing more liquidity. They will benefit.It`s only a trim, they are not going to dump.

[markth126] 05/11/2020 14:30

But why are miton selling out so low with the good news released?Worrying really bit hope that's it

[clocktower] 05/11/2020 14:21

If it does not bounce tomorrow, I expect to see another RNS before long announcing other large contracts that will jump start the share price to where it should be now, bearing in mind they have confirmed margins are in line and sales are ahead of expectations and way up on comparisons.

[markth126] 05/11/2020 12:55

Average perhaps?

[markth126] 05/11/2020 12:50

Bottom line what do you mean?

[clocktower] 05/11/2020 11:25

if this was a tech stock traders would have piled in by now and it would become a trading stock for a week or more.

[clocktower] 05/11/2020 11:23

Maybe I was wrong then mark if you bought so many today (I wish my bottom line was as low as yours) maybe they had a sell order first thing this morning in and are clearing it as well as the stock they had.

[markth126] 05/11/2020 11:17

First trade now showing at 9.37 - 162k but second of around 350k hasn't shown yet! Maybe later. That's enough for me now. 1%

[rightnellie] 05/11/2020 11:17

Couldn't resist a few more to add to my quite large holding. Can't believe this has not gone up. Hasn't reacted to the steady buying spree

[clocktower] 05/11/2020 10:57

No Aleman, some months ago the MM bought a big wack of stock at 4p so I think they are just wanting to build up a huge head of steam as this has been so dead of late. another 150k should get it off the mark, then the fun may start. 😃