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Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Cosentino Regs | MCOZ | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
2.875 | 2.875 |
Top Posts |
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Posted at 09/4/2009 18:44 by anley Sorry but I do not agree with your post. The fact is that if you are unable to sell wine for the large mark-ups then you are in difficulity.Americans are NOT buying Bordeaux and are NOT buying the sort of wines MCOZ make so anybody who wants to buy or finance will do so at a price that wipes out the equity value. In one of my posts I reminded shareholders about this and how the directors would creep in - now there possible "cheap" stock is becoming worthless. So come on you tell me (whites123) what you would do to refinance MCOZ??????? |
Posted at 09/4/2009 10:33 by anley Its me again...............Premium wine sales in the USA are in poor shape and are going down as people trade to lower priced wines. Restaurants and wholesalers who buy from MCOZ are no longer or are reducing their purchases. Funding for wine businesses is fast becoming a lost cause for a number of reasons one being the lack of water over the coming years to grow grapes in this are of America. If I was a MM I would marke the shares down to nominal so as to protect my book. Sorry everyone but as I have said before who has ever made a penny out of a wine business share on the LSE????????????? |
Posted at 22/8/2008 07:23 by whites123 Bearing in mind all the positive notes that have come to market, the turnaround, the re-financing, expansion plans, increased dedicated base etc etc etc... I would therefore be VERY surprised if the results are not very pleasing indeed...Wine (and certainly wines of the calibre of MCOZ are IMO credit crunch free, and even harvest free... If its a good heavy harvest then price remains same, if harvest is down then Wine price increases, thus maintaining MCOZ margins). If a quality wine shortage ensues (As has happened before) then we all know the resulting effect... The wine goes up (which would actually suit us should we believe credit crunch actually has an effect), but the margins stay the same, or actually increase. The sector affected by the credit crunch is invariably the guy who pays £2.50 for a pint of lager... Not the guy who pays £20 - £30 per bottle of wine. Whilst my own thoughts are we are already in a recession, there is still plenty of money about. Those that have will always have, those that have not will and always are the first to suffer. RNS Number : 8418B Cosentino Signature Wines plc 22 August 2008 22 August 2008 Cosentino Signature Wines plc Notification of Interim Results Cosentino Signature Wines plc, the AIM listed, ultra-premium brand Napa Valley based wine company, will announce its Interim Results for the six months ended 30th June 2008 on Wednesday 24th September 2008. Larry Soldinger, Chairman, will be available for comment on 24th September. |
Posted at 21/8/2008 09:39 by anley Although US wine sales for premium wines are holding the harvest is down so a shortage for 2009/10 will take place.MCOZ is short of PR hence the weak and neglected share price. Investors have to ask themselves the following question - who works for who and can they generate shareholder value? I think not. |
Posted at 01/5/2008 11:06 by anley Well the frost came so it depends where MCOZ buys its grapes from. Not good news and the directors tell you nothing.I shall keep watching this expensive share as I still fear that the right price is below the current one. |
Posted at 02/11/2007 13:15 by pre nice...iroquoi...whe |
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