Cranswick Share Discussion Threads

[cambium] 07/10/2005 20:15

topped up this week

[m.t.glass] 30/9/2005 16:13

Investec Reiterates Buy On Cranswick

Friday, September 30, 2005 4:52:06 AM ET
Dow Jones Newswires

0835 GMT [Dow Jones] Investec Securities keeps buy rating on Cranswick (CWK.LN). Notes trading update highlights it's set to report strong 1H numbers, reflecting solid underlying organic growth and the first 1H contribution from Perkins. "The stock's PER is broadly in line with sector averages, which does not look too challenging given the growth forecast this year." Trades flat at 641.5p. (SMT)

[dom perignon] 29/9/2005 18:18

MT better that then all that de/ramping that goes on elsewhere IMO
I when mad (adding at around 600) .... expect my bonus by November....
:-) ;-))

[cambium] 28/9/2005 23:00

morning MT

[m.t.glass] 28/9/2005 13:48

Thread averaging 32 posts per year. That I can handle ;o)

[aderemi] 28/9/2005 12:46

breakout...

[chester] 01/8/2005 15:52

We're motoring today.

[m.t.glass] 30/7/2005 14:04

CRANSWICK

Cranswick, producer of fresh pork, gourmet sausages and delicatessen cooked meats, is enjoying significant sales growth. And despite a mixed performance from Cranswick's sandwich making, animal feed and pet food businesses, house broker Investec is still expecting pre-tax profits of £30.6m this year, up from £23.6m. A solid hold. (The Independent, 30 July)

[m.t.glass] 27/7/2005 16:17

(image expired)

[m.t.glass] 25/7/2005 17:33

LONDON (SHARECAST) - Pork products and sandwiches group Cranswick has started the year well.

Total sales have increased by 53% to £109m including £33m from acquisition Perkins, it told the AGM. Food sales excluding Perkins showed an increase of 7% to £68m.

Food products increased sales by 13% with fresh pork, sandwiches and charcuterie showing particularly strong growth. Animal feed sales were £2m down to £4m reflecting the closure of Wellingore, while gourmet bacon grew significantly from a low base.

Cranswick added it has sold its livestock herd plus equipment for cash and completed the sale of one of its surplus freehold sites.


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Cranswick AGM Shows "Reasonable" Start

Monday, July 25, 2005 7:37:15 AM ET
Dow Jones Newswires


1116 GMT [Dow Jones] Cranswick's (CWK.LN) AGM statement indicates a "reasonable" start to the year, says Numis. However, with no comment on margins, it must be considered how much of the growth in sales is due to lower prices or offers," it says. "We believe the trading environment for Cranswick will get progressively more challenging as aggressive changes in the retailing environment begin to take hold," it adds. "We believe there is little scope for upgrades to forecasts at Cranswick and continue to advise investors to take profits above the 600p level." Reiterates reduce rating, 540p target. Trades +1.9% at 614.5p. (DWE)

[m.t.glass] 13/7/2005 15:28

Cranswick sells pig finishing business
13/07/2005 12:27:00

EAST YORKS pig business Cranswick has sold its on-farm finishing enterprise to Cumbrian farmer Thomas Dent.
Cranswick chief executive, Bernard Hoggarth said 3000 sows, their associated progeny and equipment, had been sold for an undisclosed sum.
However he stressed that it would be 'business as usual' for the 20 or so producers affected.
"From 7 July, farmers have been sending their pigs to Cranswick under an arrangement with Thomas Dent," said Mr Hoggarth.
"We felt that the finishing element of the business not longer fitted into our strategy, although there will be no change to our store and finishing pig trading arm."
One producer, who did not wish to be named, said he planned to carry on under the new system, but that the news had made him feel like a pawn in the big business game.
"It seems that we have no say in what is happening, and that we are only told important information when the deal has already been done."

by Wendy Short

[samg99] 30/6/2005 23:38

Just in case any CWK holders/traders don't realise.....it will be going on to the SETSMM trading system on Monday week (11th July). IMO that will mean wider spreads a lot of the time, plus worse liquidity - we'll soon see!

[m.t.glass] 21/6/2005 11:02

Unfortunately the 'directors selling' headline is what shows in the news roundups, not the explanation. And marketmakers at present seem inclined to do no more than just back off.

PS: Condensed the oversized header a bit - shifted the 2001 reviews into Post No 1.

[jack green] 16/6/2005 05:07

weren't most of them after option exercises - not quite as sinister as straight share sales IMHO

Preferable if they exercise and hold of course, but most employees aren't that wealthy

[m.t.glass] 15/6/2005 16:44

Whole string of (big) director sells going through in the past few days was always going to spook someone I guess.. well over a million quidsworth. Did some analyst say something this afternoon?

[m.t.glass] 13/6/2005 11:17

I see CWK is one of the many seaq stocks becoming a sets/mm stock next month ;o(

[m.t.glass] 09/6/2005 22:31

Oink oink! Moved money mostly into:

.. First Ceramic Bank

Back fulltime next winter, but part-time twixt now and then ;o)

[dom perignon] 09/6/2005 19:05

MTG hoping that with the profit, you will have a good holiday (LOL)

hope to see you back later on....
but carryon eating (CWK)sausages ;))

[m.t.glass] 08/6/2005 22:48

It was only me holding it back then ;o/

[glaws] 08/6/2005 20:26

Sorry to see you go MT - particularly on a day when we have gone to an all time high on strong volume.

[m.t.glass] 08/6/2005 10:34

Cashed in mine for now. More to do with my
seasonal move into cash than with the stock.

[dom perignon] 27/5/2005 20:30

Hi
More or less the same thing here
due to the down market, I sold the lot above £6 and now I am back in av. 562
but this are for long term + as an investment IMO will be slowly but surely

good luck to all have a nice w/e

[diogenesj] 27/5/2005 13:07

I'm here - sold out earlier, bought a few back after the results. Not as cheap as it was, but has a nice defensive feel to it in current markets.

[samg99] 27/5/2005 12:35

Dom - I'm also long; bought @ 550 a few days before results. Must admit I'm pleasantly surprised at how well it's going; results didn't seem that spectacular to me. But then, I never argue with a share price, especially if it's moving in my favour!