Cranswick Share Discussion Threads

[hilly] 02/12/2001 09:26

Chester - I bought a few last week but today, Sunday, there is a write up in the Telegraph advising people to sell(take profits). Lets hope no one follows this advise. It also says there is further to go.

Hilly

[iglet] 01/12/2001 14:43

Trouble is we probably have still got, in our sub-conscious minds, the sort of growth that was possible up to & during the tech bubble.

I'm trying to get my self back to the frame of mind that a return of anything above 8% p.a. in growth & yield for a stock is more than adequate.

[m.t.glass] 01/12/2001 00:58

Now up over 100p since the start of this thread a fortnight ago.. :O)

[m.t.glass] 01/12/2001 00:57

Now up over 100p since the start of this thread a fortnight ago.. :O)

[ahkeen] 30/11/2001 21:31

CWK looks really impressive, and nicer to eat than tech stocks!

It only goes to prove what I have thought for a while, that the majority of BB posters are looking at the wrong sort of stocks. This sort of stock isn't very exciting, not like biotech, mining, techs et al, but is producing A VERY PROFITABLE RETURN, whilst the favourite sectors idle sideways and down.

Everyone is looking for that elusive 10 bagger, I'd settle for a decent profit!

regards,

Andy.

[iglet] 30/11/2001 20:44

Today's Inv Chron in an article title "Hidden Stars" is positive about CWK:

Quote "Cranswick is one of the best-perfoming tortoises of all"' £1000 invested at the start of '97 with divs reinvested would now be worthe nearly £4000.

Also in Company results it rates it as "good value" with comments:
"the shares have almost doubled since we advised buying a year ago. That growth looks set to continue as Cranswick still has a large proportion of the market to capture".

Seems to me to go up & up (apart from Foot & mouth jitters in the spring & the obligatory Sept 11 fall. Just wonder how long it can go on - forever would be nice :-)

[chester] 30/11/2001 13:02

Yeah, I bought a few a week or so ago and they certainly haven't let me down so far. It's a business that I know a little about and they've got a good following in the city so I'm happy to hold.

[m.t.glass] 21/11/2001 16:25

Highlights:

Profit before tax and goodwill amortisation up 47 per cent at #7.1m (2000: #
4.8m)

Turnover increased by 14 per cent to #103m (2000: #90m)

Earnings per share rose 44 per cent to 26p (2000: 18p)

Dividend increased by 22 per cent to 5.5p per share (2000: 4.5p)

First contribution from recent acquisition Continental Fine Foods

Platform in place to continue growth record

Cranswick Chief Executive Martin Davey said: "These results are especially
pleasing given that last year's figures were, at the time, record results.

[m.t.glass] 21/11/2001 16:25

----The Momentum Newsletter - September 2001
Following three deals since 1998 Cranswick¹s largest business area is now the supply to mainly supermarkets of premium quality pig-based food. In the light of the latest deal, Continental Fine Foods, on 30 July, the shares have continued to hit new highs. This looks another astute deal, cut by Cranswick¹s highly regarded management team, whom we met last month. Cranswick has developed a strong record in earnings enhancing acquisitions and operate in a sector which enjoys a fair degree of protection from an economic downturn. We believe there¹s now every chance that Cranswick can close in on the higher valuation enjoyed by its larger rival, Geest, suggesting 50% upside over the next 12-18 months. All in all, a further re-rating now looks in store for the shares ..... BUY.

-----Small Cap Shares Newsletter- September 2001
The announcement by Cranswick that it is acquiring delicatessen meat producer Continental Fine Foods was well received by the market. The acquisition is an excellent fit with Cranswick¹s delicatessen ham operation, enabling Cranswick to offer a wider range of products that can be cross-sold to its customers. The acquisition is expected to be earnings enhancing. This latest acquisition reinforces Cranswick¹s reputation for shrewd deals. Analysts are universal in their praise for the meat producer¹s latest purchase and the rise in the share price perfectly illustrates this. Despite trading near an all-time high the shares are still worth buying ..... BUY.

-----The Small Company Sharewatch - August 2001
Cranswick has won a well-earned status as the darling of the food processing sector. Through a series of well- targeted acquisitions, it has moved away from its historic dependence on volatile agricultural commodity cycles towards supplying premium quality foods mainly to supermarkets. In the process pretax profit has risen from £4m in 1997 to £11.7m in 2001. Earnings have more than doubled from 19.5p to 44p ..... BUY.

-----Investors Chronicle 3 August 2001
Cranswick has dished up another feast for its investors. The Company has bought Continental Fine Foods. Cranswick shareholders have seen their shares move up 58 per cent since march. They now stand at 495p, making it one of the best defensive plays in the market.






--------------------------------------------------------------------------------------------

21 Nov 2001 - Highlights from today's results:

Profit before tax and goodwill amortisation up 47 per cent at #7.1m (2000: #
4.8m)

Turnover increased by 14 per cent to #103m (2000: #90m)

Earnings per share rose 44 per cent to 26p (2000: 18p)

Dividend increased by 22 per cent to 5.5p per share (2000: 4.5p)

First contribution from recent acquisition Continental Fine Foods

Platform in place to continue growth record

Cranswick Chief Executive Martin Davey said: "These results are especially
pleasing given that last year's figures were, at the time, record results.

[lodger] 15/11/2001 00:51

Been long recently in PEP, great trend. Buy and leave it along job.

[aquila] 14/11/2001 13:00

Freudian slip Lodger "along job." lol

[hi-there] 14/11/2001 12:15

"Bought a few myself on Monday. Now catching up with the research" to quote M.T.Glass. so how are they? better fried , grilled or barbecued?

By the way. I'm sloshed.

[dr darkstar] 14/11/2001 12:08

Bought these into a PEP some time ago and very pleased with their performance to date .. wish I'd got more until a week ago but gone back into techs mainly

[m.t.glass] 14/11/2001 11:59

Announced: Interims due 21 Nov.

[m.t.glass] 14/11/2001 09:56

Not really into sausages myself (nor vice versa) but Loretta next door says she likes Cranswick ones. I didn't ask what particular quality appeals to her nor how she prepares them.

[m.t.glass] 13/11/2001 23:11

For gentiles only I guess. Maker of posh pork sausages. Share price has grown fourfold in 7 years (= average about 22%pa) and has quickened of late.

Bought a few myself on Monday. Now catching up with the research I mostly do before buying.. Found these extracts from the Stockbroker/Press page at

Anyone got any comments or info on ongoing prospects?



----The Momentum Newsletter - September 2001
Following three deals since 1998 Cranswick¹s largest business area is now the supply to mainly supermarkets of premium quality pig-based food. In the light of the latest deal, Continental Fine Foods, on 30 July, the shares have continued to hit new highs. This looks another astute deal, cut by Cranswick¹s highly regarded management team, whom we met last month. Cranswick has developed a strong record in earnings enhancing acquisitions and operate in a sector which enjoys a fair degree of protection from an economic downturn. We believe there¹s now every chance that Cranswick can close in on the higher valuation enjoyed by its larger rival, Geest, suggesting 50% upside over the next 12-18 months. All in all, a further re-rating now looks in store for the shares ..... BUY.

-----Small Cap Shares Newsletter- September 2001
The announcement by Cranswick that it is acquiring delicatessen meat producer Continental Fine Foods was well received by the market. The acquisition is an excellent fit with Cranswick¹s delicatessen ham operation, enabling Cranswick to offer a wider range of products that can be cross-sold to its customers. The acquisition is expected to be earnings enhancing. This latest acquisition reinforces Cranswick¹s reputation for shrewd deals. Analysts are universal in their praise for the meat producer¹s latest purchase and the rise in the share price perfectly illustrates this. Despite trading near an all-time high the shares are still worth buying ..... BUY.

-----The Small Company Sharewatch - August 2001
Cranswick has won a well-earned status as the darling of the food processing sector. Through a series of well- targeted acquisitions, it has moved away from its historic dependence on volatile agricultural commodity cycles towards supplying premium quality foods mainly to supermarkets. In the process pretax profit has risen from £4m in 1997 to £11.7m in 2001. Earnings have more than doubled from 19.5p to 44p ..... BUY.

-----Investors Chronicle 3 August 2001
Cranswick has dished up another feast for its investors. The Company has bought Continental Fine Foods. Cranswick shareholders have seen their shares move up 58 per cent since march. They now stand at 495p, making it one of the best defensive plays in the market.

[obarmoth] 21/8/2001 13:09

We are making bacon.... :) Looking good for £6.50 or so...

[agw24] 26/7/2001 00:11

No, John. Those of us who read the papers or live in the areas know that foot and mouth has always been much more serious than 'they' would like us to believe. Nothing has changed (Except the way the figures are now manipulated).

[john818] 25/7/2001 11:52

TAKE YOUR PROFITS NOW THIS FOOT & MOUTH IS WORST THAN THERE LETTING ON.

[obarmoth] 29/5/2001 18:25

Erm.... 'what', clearly.... ;-)