Cranswick Share Discussion Threads

[cockneyrebel] 28/12/2007 12:02

just grabbed another 1K.

These have a Q3 trading statement in Jan.

CR

[cockneyrebel] 13/12/2007 08:11

DVO Doing well, stronger recently - if sausage skins are selling then so are sausages!

CR

[cockneyrebel] 11/12/2007 15:47

Meat and two veg pointing north today I see.

CR

[bigbigdave] 30/11/2007 16:46

Finally nibbled a few sausages just before the close 8-)

[cambium] 30/11/2007 10:21

yep sizzling today

[cockneyrebel] 29/11/2007 16:08

Chart breakout Cambium.

After going xd yesterday too - reckon these are on the top list of buys for many now the market is settling.

CR

[iandippie] 26/11/2007 12:00

You might find the odd one slipped in here or there.

[cockneyrebel] 26/11/2007 11:16

Been joing you over the past couple of days Cambium, thanks for the heads up - even in a recession we all like a sausage!

Cracking long term earnings growth here - too good to be trading on this low PE.

CR

[cambium] 19/11/2007 18:31

Cranswick said its first-half pretax profit rose 16% on higher revenues and lifted its interim dividend by 10% to 6.5p.

For the half-year ended September 30th, the Yorkshire-based food producer said pretax profit was £18m, versus £15.5m a year earlier, as sales grew 22% to £303.2m.

The company said the increase in sales was entirely organic growth notwithstanding the sale of the animal feed business in May and the acquisition of DeliCo in November 2006.

Sales in the food business at £285.1m accounted for 94% of total sales, it added.

[cambium] 19/11/2007 12:54

At least someone else agrees with me

CWK Panmure Gordon Buy 788.00p 940.00p - Reiteration

[cambium] 19/11/2007 08:09

Im happy with that

[56richard] 11/10/2007 16:41

Well, I dont want to speak too soon (we have had one or two false dawns recently) but this is looking quite encouraging - lets see if we can keep the share price above 800 now.

[m.t.glass] 09/10/2007 10:22

LONDON (Thomson Financial) - Cranswick PLC climbed in midmorning deals as it
said its first-half performance has been positive and in line with its
expectations, prompting Panmure Gordon to keep its 'buy' rating on the stock.
At 9.11 am, shares in Cranswick were 29-1/2 pence higher at 785, while the
FTSE small cap index was up 4.60 at 3,820.00.
Earlier today, the Yorkshire-based food producer said sales in the six
months to Sept 30 rose 22 pct with most of its product categories delivering
double digit growth, offsetting the additional costs experienced as a result of
foot and mouth disease and the start-up of its new business at Delico.
Cranswick said cash flow from operating activities continues to be strong
enabling significant investment in new production facilities without increasing
borrowings.
In reaction, Panmure Gordon noted that the strong momentum at Cranswick has
continued, with revenue growing by 22 pct in the first half, despite tougher
competition and poor simmer weather.
Profit growth is expected to come in at around 15 pct, said the broker, with
margins held back by foot and mouth disease and start up costs at Delico, the
producer of pre-packed cooked meats it acquired.
Panmure Gordon, whose target price on the stock is 880 pence, said the
company is on target to exceed its full-year forecast of 17 pct growth, adding
that it believes the shares offer good value on a price earnings ratio of 13.7x
to March 2008, with Cranswick also having strong cash generation.

[cambium] 09/10/2007 10:07

you did well, well done,

[m.t.glass] 09/10/2007 10:04

Yep. Within ISA account.

[cambium] 09/10/2007 10:01

Quick PEG of 0.6 porkingly cheap

[cambium] 09/10/2007 09:59

you back in MT

[m.t.glass] 09/10/2007 09:57

"..The sales performance has been strong with revenue increasing by 22 per cent and most product categories delivering double digit growth...

....Cashflow from operating activities continues to be strong enabling significant
investment in new production facilities without increasing borrowings..."


That'll do nicely ;o)


"..The sales performance has been strong with revenue increasing by 22 per cent and most product categories delivering double digit growth...

....Cashflow from operating activities continues to be strong enabling significant
investment in new production facilities without increasing borrowings..."


That'll do nicely ;o)

[le mass du pap] 23/8/2007 15:17

There you go MT.Glass............

The source was just one store after all. Pretty much confirming that the whole thing was down to Morrison's own dirty lack of food hygiene in that one particular store, as posted earlier.


No new cases of foot and mouth so that's all over too. It never came anywhere near Cranswick's interests anyway. All major supermarkets say it hasn't affected sales at all and that meat sales in general have been excellent over the summer. EU meat ban has been lifted and UK animal movement ban was lifted ages ago.



And....the sun is shining!

Therefore it's business as usual, not that it was ever any different! So why is the share price still 16% down??? Come on pants wetters, it's a bargain!

Sales are up 25%!!! The company is growing, so should the sp!

[le mass du pap] 19/8/2007 19:56

Yep......at these silly prices it would be rude not to :-)

18% down since the bullish trading statement at the end of July.....and all because of a few "what if's....."

It won't be long before the penny drops and the punters are falling over themselves to be part of a genuine success story.

[cambium] 19/8/2007 19:11

keep buying lmdp :o)