Cranswick Share Discussion Threads

[johndoe23] 15/11/2024 13:32

Rolling over now

[wad collector] 30/10/2024 20:47

Just remembered, not an AIM share!

[wad collector] 17/10/2024 08:50

AIM IHT fears don't seem to be bothering the share price here, new ATHs almost every week now. Five bagger in last decade yet low profile on the BB , funny how some boards attract so much noise and bloggers.

[wad collector] 27/9/2024 07:10

I think we are going to have a hot day of trading today with a new ATH;

Current trading

Trading since the end of the first quarter has been stronger than previously expected, underpinned by continued robust volume growth in our core UK food business, a positive ongoing contribution from our expanding pig farming operations, industry leading service levels and a relentless focus on quality and innovation. Consequently, we now expect our first half performance to be ahead of the same period last year.



Investment in our asset base continues at pace with the new houmous facility in Worsley, Manchester successfully commissioned during the period.



Outlook

Whilst we remain cautious about current market and wider economic and geopolitical conditions, following the strong volume growth delivered through the first half, our outlook for the current financial year ending 29 March 2025 is now expected to be towards the upper end of current market expectations1.

[wad collector] 30/8/2024 19:23

A month ago 3 directors sold about a million pounds worth of shares each , alongside their tax option sales, but it doesn't seem to have dented the share price ; new closing ATH.

[wad collector] 29/7/2024 11:26

Yes , in-line will do , bearing in mind the previous outlook.

Not sure the piggies view this as a doing well! RSPCA accredited or not , this is industrial farming .

[phg87] 29/7/2024 07:49

A quiet board and quiet boring stock that keeps on ticking up. Great update for Q1. Been in since Decemebr. Was telling the Mrs. And as she said "The piggies and farm" are doing well then!

[wad collector] 15/7/2024 08:54

Xd this week. Though the divi looks less impressive than the capital gain .

[wad collector] 22/5/2024 20:38

Impressive both in results and outlook; hold and prosper!

[phg87] 21/5/2024 06:21

Great results today with increase figurer across the board including Increasd investment in the business and 13% upped dividend.

[phg87] 16/5/2024 15:17

Next update expected next Tuesday 21st of May.

[wad collector] 30/4/2024 13:49

I was wrong that 18 Jan was an ATH . It is now!

[phg87] 22/4/2024 12:34

Hi Wad,Which post are you referring to? Been wondering when this would start up again.

[wad collector] 22/4/2024 12:29

Nudging an ATH now, don't think that January post was correct.

[wad collector] 19/1/2024 18:08

That was on the back of a strong , above expectations , TU. £40 is surely imminent , once a few broker notes are advertised?

[wad collector] 18/1/2024 08:52

Well that's an ATH now, the more impressive in a weak market.

[philanderer] 03/1/2024 14:06

Barclays starts Cranswick with 'overweight' - price target 4,580 pence

[phg87] 11/12/2023 09:44

Joined this on Friday. Good Financials and a good news story. Analysts predicting 4300+ so hopefully won't struggle too much with 4000 but who knows...

[fionascott1234] 08/12/2023 15:11

Yes, just in time for Santa.Free cash and lovely if you can get it.

[wad collector] 05/12/2023 17:23

Looks like we might see an ATH soon the way the share price is charging, and a Xmas boost might happen.
I see the director sell of 2666 shares is the same ones he acquired as an option last week.

[eeza] 26/11/2023 12:45

Midas update tip today.

[rolo7] 23/11/2023 00:29

Lovely results next stop 4000+ customer are moving from vegan food as too expensive

[philanderer] 25/10/2023 09:00

Cranswick potential is ramping up, says Berenberg
Strong trading among its customers and the potential in pet food are providing a positive backdrop for food producer Cranswick (CWK), says Berenberg.

Analyst Matthew Abraham retained his ‘buy’ recommendation and target price of £46.20 on the Citywire Elite Companies A-rated stock, which gained 0.7%, or 24p, to £35.20 yesterday.

Abraham said ‘favourable market conditions’ have carried forward from first quarter 2024 to second quarter 2024, which ‘coupled with the outperformance of Cranswick’s major customers relative to peers’, provides the backdrop for ‘strong trading momentum’.

On his calculation, Abraham said there is also ‘revenue potential from the pet food segment’ that could deliver an annual revenue contribution of c£220m, ‘which is significantly above long-term consensus forecasts of £51m’.

‘Cranswick has enjoyed a period of strong performance over the prior six months due to its alignment with retailers that have outperformed peers,’ said Abraham.

‘Cranswick trades on 12-month forward price/earnings multiple of 16.2 times, broadly aligned with its long-term trailing average.’


CITYWIRE.COM

[wad collector] 23/10/2023 07:45

Named in IC's Alex Newman 4 Best British Stocks for 2023 this week FWIW.
This is because it passes his arbitrary list of technical achievements , growth and forecast growth.

[rolo7] 27/9/2023 15:25

Bit of a shake out maybe a trading statement tomorrow?