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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Coral Products Plc | LSE:CRU | London | Ordinary Share | GB0002235736 | ORD 1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 13.25 | 114,183 | 08:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 13.00 | 13.50 | 13.25 | 13.25 | 13.25 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Plastics Products, Nec | 35.22M | 1.26M | 0.0141 | 9.40 | 11.81M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 15:54:12 | O | 142 | 13.29 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 24/7/2024 | 14:58 | ALNC |  Coral Products sells Runcorn factory site for GBP1.2 million |
| 24/7/2024 | 07:00 | UK RNS | Coral Products PLC Sale and Leaseback of Runcorn Factory Site |
| 11/6/2024 | 14:03 | ALNC | Coral Products to reinstate interim dividend despite waning profit |
| 11/6/2024 | 07:00 | UK RNS | Coral Products PLC Trading Statement |
| 23/5/2024 | 17:45 | UK RNS | Coral Products PLC Transaction in Own Shares |
| 23/5/2024 | 07:00 | UK RNS | Coral Products PLC Director/PDMR Shareholding |
| 22/5/2024 | 18:20 | UK RNS | Coral Products PLC Transaction in Own Shares |
| 13/5/2024 | 16:30 | UK RNS | Coral Products PLC Director/PDMR Shareholding |
| 09/5/2024 | 14:50 | UK RNS | Coral Products PLC Director/PDMR Shareholding |
| 01/2/2024 | 07:00 | UK RNS | Coral Products PLC Director/PDMR Shareholding |
Coral Products (CRU) Share Charts1 Year Coral Products Chart |
|
1 Month Coral Products Chart |
Intraday Coral Products Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 25/7/2024 | 14:27 | Coral - not the turf account - but on a good run. | 3,604 |
| 08/7/2024 | 12:24 | ***** CORAL PRODUCTS - CLINTON CARDS OF THE 21st CENTURY **** | 20 |
| 13/9/2011 | 19:26 | Coral- new Thread with Charst etc | 238 |
| 16/6/2008 | 15:11 | Coral Products At 51.5p they look good to me | 94 |
| 27/4/2007 | 14:55 | Coral can you give me what I want? | 4 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-07-26 14:54:12 | 13.29 | 142 | 18.87 | O |
| 2024-07-26 14:44:32 | 13.00 | 11,000 | 1,430.00 | O |
| 2024-07-26 14:44:22 | 13.00 | 12,000 | 1,560.00 | O |
| 2024-07-26 14:43:48 | 13.29 | 11,000 | 1,461.90 | O |
| 2024-07-26 14:43:45 | 13.29 | 12,000 | 1,594.80 | O |
| Top Posts |
|---|
Posted at 27/7/2024 09:20 by Coral Products Daily Update Coral Products Plc is listed in the Plastics Products, Nec sector of the London Stock Exchange with ticker CRU. The last closing price for Coral Products was 13.25p.Coral Products currently has 89,168,957 shares in issue. The market capitalisation of Coral Products is £11,814,887. Coral Products has a price to earnings ratio (PE ratio) of 9.40. This morning CRU shares opened at 13.25p |
Posted at 25/7/2024 14:27 by this_is_me Gone exd and the share price up - not usual! |
Posted at 24/7/2024 17:51 by foldender Following the trading update on 11th June and today’s positive news I am surprised that there has not been a share price rise. Lance is making all the right noises and I for one would like to think he will deliver results for 2024/25 reflecting his proactive measures described on 11th June. Being realistic we have to expect some rationalisation costs in the final results when they arrive, probably early September |
Posted at 13/6/2024 08:04 by base7 Under our new Ceo we have seen a re set in that he took the prudent view to defer the dividend when announcing that business has slowed down in Jan.The fact that he reinstated 0.25p on announcing the update last week should be viewed optimistically as Lance has already demonstrated a prudent streak & has rationalised & reorganised & sounds confident that the results of his actions are now being seen.If when Finals are announced later this year he recommends a Final of 0.25/0.35,the total will be 0.5/0.6( lower than it has been but still yielding 5% based on current prices)& I presume he will only pay it if he considers we can afford it & it would provide confirmation that FY25 has started positively.as we have seen in the past, there will always be scope for good value bolt on acquisitions at attractive prices(sometimes based on businesses failing or owner families being keen to exit) which can be absorbed into our existing facilities & it would be a pity to miss any such opportunities which could well arise over the coming months. Cru is unlikely to ever multi bag & depending on our purchase price but a 5% yield & the possibility of a return to 20p+ makes this a hold for me |
Posted at 29/4/2024 17:05 by clocktower Lsst year a trading update was on 24.05.2023 but the sooner the better, in light of the falling share price. |
Posted at 24/4/2024 19:36 by clocktower More weakness and sales today, and bearing in mind how the market has reached new highs, this is becoming an also ran once again it seems to me.How long before they will pay a dividend again will weigh on the share price if there is not very positive news next month. |
Posted at 27/1/2024 09:22 by valuschmalu Lets revisit my October 23 post. I've added new comments in CAPS-pace of acquisitions in 2022 raises eyebrows. It may be that these are 'deals of the century' but the counterargument is they got overexcited (again) by being cash rich and spent it too quickly. The prior M&A record is not 100% perfect and I would rather 1-2 a year rather than 4 or so in short order then silence EXPECT SILENCE FOR A WHILE ON THE BUYING FRONT -the buy and build strategy only works if you buy at a significantly lower multiple to where you are trading. So CRU needs to be trading at 8x EBITDA and buying at 4-6x. SEE ABOVE -The way to getting to 8x (+) is to generate steadily growing EBITDA over time with minimum volatility. Yes COVID etc hasn't helped but CRU is synonymous with earnings volatility. What it needs to do now is beat last year's EBITDA level and do it again next year etc. The recent trading update will (fairly or unfairly) make a lot of people think 'here we go again' HERE WE GO AGAIN -Given the above comment about earnings vol, debt is too high at 2x. They need to get it down to 1 to 1.5x. For a stronger more consistent company, 2x leverage is fine but we are not there yet with CRU. We are also in a higher rate environment and what was acceptable leverage last year is no longer the case HENCE DIVIDEND CANCELLED -The easy way to get leverage down is not to overdistribute via dividends and buybacks. Unfortunately to cut the dividend would smash the share price so I don't think that's the way forward. Deleveraging will have to be done the hard and slow way via earnings retention. That also links into the above comment on M&A. I struggle to see at 2x leverage how they can safely do any more M&A in the short term. The big 'unless' here is unless they sell a subsidiary. Global One-Pak may be an option? I know JG rates it but there has been a lot of earnings vol from this company since acquisition THIS IS THE POTENTIAL SILVER LINING FROM THIS LATEST DISASTER IN THAT IT WILL ALLOW THE NEW CEO TO RESET THE DIVIDEND POLICY TO SOMETHING THAT IS COMPATIBLE WITH A BUY AND BUILD STRATEGY. HE SHOULD ALSO LOOK AT DIVESTMENTS WHERE THERE ISNT MUCH REMAINING UPSIDE LEFT -They should appoint a CEO as soon as possible. I expect it will be one of the recently appointed directors but I doubt institutional investors love a 70+ year old being exec chairman (and not having a CEO)TICK (HOORAH) |
Posted at 10/1/2024 10:07 by this_is_me The numbers have all been going in the right direction since the end of the lockdown and the share price has mostly been in the trading range 14-17p for a couple of years.I expect the share price to rise at some point, meanwhile the dividend pays me well to wait. |
Posted at 09/10/2023 12:31 by charo CRU have increased ebitda over 22 and 23 and if as they say will meet market forecast this year 24,share price nowhere.IF JG passes divs for 24 and 25 he will basically eliminate debt other than for invoice factoring.Share price wont worry him if shareholders sell down he will buy back increasing his net worth.Then resUme divs .Those who stay the course win . |
Posted at 07/10/2023 09:43 by valuschmalu My uninvited thoughts on where we are now with CRU (all IMHO):-pace of acquisitions in 2022 raises eyebrows. It may be that these are 'deals of the century' but the counterargument is they got overexcited (again) by being cash rich and spent it too quickly. The prior M&A record is not 100% perfect and I would rather 1-2 a year rather than 4 or so in short order then silence -the buy and build strategy only works if you buy at a significantly lower multiple to where you are trading. So CRU needs to be trading at 8x EBITDA and buying at 4-6x. -The way to getting to 8x (+) is to generate steadily growing EBITDA over time with minimum volatility. Yes COVID etc hasn't helped but CRU is synonymous with earnings volatility. What it needs to do now is beat last year's EBITDA level and do it again next year etc. The recent trading update will (fairly or unfairly) make a lot of people think 'here we go again' -Given the above comment about earnings vol, debt is too high at 2x. They need to get it down to 1 to 1.5x. For a stronger more consistent company, 2x leverage is fine but we are not there yet with CRU. We are also in a higher rate environment and what was acceptable leverage last year is no longer the case -The easy way to get leverage down is not to overdistribute via dividends and buybacks. Unfortunately to cut the dividend would smash the share price so I don't think that's the way forward. Deleveraging will have to be done the hard and slow way via earnings retention. That also links into the above comment on M&A. I struggle to see at 2x leverage how they can safely do any more M&A in the short term. The big 'unless' here is unless they sell a subsidiary. Global One-Pak may be an option? I know JG rates it but there has been a lot of earnings vol from this company since acquisition -They should appoint a CEO as soon as possible. I expect it will be one of the recently appointed directors but I doubt institutional investors love a 70+ year old being exec chairman (and not having a CEO) |
Posted at 06/10/2023 07:25 by this_is_me Now almost 1% of shares in treasury; not a huge amount but we should see buybacks continue at the current far too low share price. Many other small companies have also seen their share price fall to very low prices and have rightly instituted a buyback programme. |
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