Cranswick Share Discussion Threads

[basingwerk] 29/4/2022 17:20

I suppose the slump in the price today was down to a) being at a high point b) this 'news' you mention from Peel Hunt? c) some dubious figs from PP MP etc. spooked some gigantic holders of CWK shares into selling up altogether each trying not to be left holding the baby, Is that the full story? did you see this PH downgrade? whaty does it say?

[basingwerk] 29/4/2022 16:56

Are you referring to this article:

hxxps://citywire.com/investment-trust-insider/news/peel-hunt-the-stock-market-impact-of-global-food-inflation/a2384934

Can one opinion have such a profound effect on the SP, over two weeks later?

[sspurt] 29/4/2022 14:09

Yup - plus a PH downgrade post poor figs from Pilgrims Pride (Moy Pk etc)

[wad collector] 29/4/2022 08:02

Sp dropping recently, presumably about the huge rise in animal food prices?

[km18] 15/2/2022 18:27

...from last year...

Cranswick is among the leaders in premium, fresh food products supply in the UK. The company operates 15 production facilities across the UK and more than 11 800 people. CWK has full control on their pig breeding and rearing activities, and their chicken operation is fully integrated. Strategy is focused on supplying high quality products, in line with the highest standards of the sector. Cranswick works not only with most UK grocery retailers, but also has good exposure to the “food-to-go” sector and significant exports. This year they have invested additional £12.7m in expansion projects. The company benefits from a well-diversified portfolio supplying various types of meats and high demand levels throughout the pandemic. Strong growth in revenue, channelling even bigger numbers in net profit makes the stock attractive.
Over the years the company proved its ability to generate cash with continuously rising CFO. The controlled amount of leverage and low levels of goodwill on the balance sheet, even in the presence of several acquisitions upon the realization of their blended growth approach, present a strong balance sheet. Last but not least, profitability has been rising, and long-term growth is further supported by company’s ambition to invest in its asset base. Latest trading update is creating more positive sentiment for the stock. Revenue was 9.6% above results from the same period in 2020, volumes were 7.7% up, and Far East export was “well ahead”. The outlook is still in line with expectations of the Board, but there is room for that to change as hospitality is now almost fully functioning and people are desperate to go out....from WealthOracleAM

[wad collector] 09/2/2022 09:05

It's a murky business indeed, but look at the number of people stuffing themselves in fast-food outlets, there are a lot of undiscerning consumers happy to race to the bottom.
Q3 results suggest it is profitable still.

[danvandan] 15/8/2021 16:27

I've got a feeling the 'frankenchickens' are coming home to roost here. Get ready for a boohoo type public revulsion reaction. One major holder is reducing. Maybe it'll be temporary, but it's likely that Morrisons will quickly cave and CWK might have to switch away from the fast growing broilers and adopt a less 'efficient' process for bringing chicken meat to British tables. Environmentalists and animal welfare groups will doubtless be taking a look at the pig-rearing practices too. The first chicken revelations a week or two back had no noticeable effect on the sp, but public awareness is building on this brand in a bad way. For now, I suspect we may have reached the top.

[philanderer] 02/6/2021 09:13

JEFFERIES RAISES CRANSWICK PRICE TARGET TO 4,370 (3,700) PENCE - 'HOLD'

[farnesbarnes] 12/2/2021 08:04

An advisory broker? Go execution only.

[miss womble] 11/2/2021 17:39

Not with Cwk but with many others. Not dealing when asked and dealing when not asked

[farnesbarnes] 11/2/2021 16:31

They're all pretty useless. ISA? SIPP? CFD?

How have iii failed you in relation to CWK?

[miss womble] 11/2/2021 16:18

Can anybody recommend better brokers than iii

[philanderer] 16/12/2020 13:48

'Food producer Cranswick hungry to devour pet food group IPN'

Cranswick is preparing to launch a share sale to fund the potential purchase of Wagg dog food, Sky News learns.

[philanderer] 02/12/2020 08:46

'Cranswick set for ‘substantial growth’, says Berenberg'


Cranswick (CRW) has enjoyed ‘exceptional’ trading and Berenberg says there is more growth potential for the food producer.

Analyst Ned Hammond retained his ‘buy’ recommendation and increased his target price from £38.50 to £40.00. The shares rose 2.5% to £35.28 yesterday.

The group’s first quarter update for 2020/21 ‘confirmed that it has made an excellent start to the year’, with 19% organic revenue growth, said Hammond.

‘Although we expect the rate of expansion to temper from here, we estimate substantial growth will be delivered in full-year 2020/21,’ said Hammond.

‘We believe investment will be needed for expansion to continue in future years, but we feel the company has the balance sheet strength to accommodate this.’

[jg88721] 17/8/2020 07:53

"Revenue in the 13 weeks to 27 June 2020 was 24.8 per cent per cent ahead of the same period last year. Excluding the contribution from acquisitions made in the prior year, revenue on a like-for-like basis was 19.2% higher."

Wow. Just wow. happy day for holders. GLA

[pugugly] 07/7/2020 19:07

Could well be a DEEP RED DAY tomorrow

Wombwell factory safety measures 'not fit for purpose'



OK Deaths were in April (Covid) but from tenor of BBC report with 10 new cases at the site one wonders on likely impact - Anyone closer able to comment?

[jg88721] 23/6/2020 09:01

another good result here. CWK just keeps delivering, and with significant expansion, plenty more to come I think. GLAH

[mjb2] 19/6/2020 10:18

With recent news that entire workforce of abattoir staff have been infected with Covid-19 and chicken processing plants shut down, is it unreasonable to suspect that the virus is being spread through raw meat as well? Has the government been aware of this earlier but has kept quiet to avoid panic? Think Mad Cow. After all, the thought is that it all started in animals in wet markets in China and has started up again.

[volsung] 17/1/2020 17:04

Can't invest here. Meat like oil is a declining market. Nice chart tho

[fadilz] 17/1/2020 12:59

Cranswick has a fantastic long term performance (sp averaging 15% compound rate of growth over 25 years!) but I sold 2/3 of my holdings today as a precaution in case African swine fever finally arrives in UK. I will keep an eye and will definitely return once the danger passes.

[geoffh4949] 10/1/2020 19:39

What are your thoughts that the share price is being manipulated by the big Institutions/Directors as the big hitters always sell at 16 35 and then buy back after the price has been driven down?

[philanderer] 07/1/2020 17:56

Sold out today with a reasonable profit.

Luck to all holders.

[philanderer] 23/12/2019 17:55

Beijing will lower import tariffs on more than 850 products including frozen pork from next month, the finance ministry said Monday, as authorities battle a severe shortage of the meat staple.

China's pig industry has been hammered by African swine fever, which has led to the culling of more than a million animals, according to official statistics, and caused the price of pork to double.

Monday's announcement said tariffs on frozen pork will drop from 12% to eight percent from January 1.

However, Donald Trump retweeted two press reports on the tariff reduction Monday, without any additional comment, and the list includes many items that Chinese companies purchase from the US such as pork and tech goods.

Alliance News