Crawshaw Share Discussion Threads

[celeritas] 15/4/2015 18:32

The run part makes no sense, it's now 11 stores closer to 200. It's a buy hold and add for me as the story develops. Like I keep saying it's a Greggs in the making. The dividend should increase with another 11 stores.

[battlebus2] 15/4/2015 17:57

Ofcourse peeps were in the know and bought before the announcement this morning and took their profits and run by the looks of it. :))

[dragonsteeth] 15/4/2015 09:45

ramridge, that's one of the perils of AIM, and of course there is no indication that any leek came from the Crawshaw side - there is no doubt that when penalties are better enforced as in FTSE 100, the likes of Shell/BG manage to keep their negotiations secret and surprise the market.
I would assume though that this "target" has been researched/ lined up for some time , just waiting for the new guy to get on board and approve. There has been a bit of a hiatus in the past few months but safe to assume that the ambitious growth plans are now at. "Full steam ahead"

[shanklin] 15/4/2015 09:20

LOL fozzie, Perhaps you bought my shares.

Nice post BTW.

[celeritas] 15/4/2015 09:20

Only another 167 stores to go before the 200 target is hit and Craw pays a dividend.
The more stores the more synergies, economies of scale kick in with costs falling.

A hell of a long way to go yet.

[fozzie] 15/4/2015 09:17

I understand where you are coming from Shanklin but that drop enabled me to get into a stock that I thought I had long missed the boat on. In at 39 and a ltbh for me. I think the roll out will go ahead seamlessly. They have the money and the brains to do it effectively. Today's news is a big bonus, existing shops and trading history in a new area for the company that will give immediate results, big saving over finding outlets and developing them. Great news imo.

[celeritas] 15/4/2015 09:12

Hang on, craw has always said its intention was to expand to 200 stores, this rns was always going to happen as will many others stating expansion.
This is more a buy, hold and add rather than a trading stock where you could be caught out with news like todays.

We could hear more news next week or next month, how long before the fund managers start to sit up and take notice, thats why I keep stating it could be a Greggs chart in the making.

[shanklin] 15/4/2015 08:39

Glad to see that the new CEO expresses himself very clearly in today's RNS. Hopefully this will set the standard for RNSes going forward.

[ramridge] 15/4/2015 08:22

Share price had gone up 20% over the last two days prior to this announcement. If this isn't blatant insider dealing, I am a xmas turkey in one of Crawshaw's shop.
Will the AIM regulators look into it? the heck they will. AIM is the wild west.

[someuwin] 15/4/2015 07:19

Excellent news.

[battlebus2] 15/4/2015 07:16

At a great price imv.

[shanklin] 15/4/2015 07:14

Lots of information here...

[skinny] 15/4/2015 07:14

I think it did that yesterday!

[penciles2] 15/4/2015 07:12

going to run like a bull,it look great news

[battlebus2] 15/4/2015 07:09

Looks a great addition.

[leeson31] 15/4/2015 07:08

nice, extra revs and ebitda.. and debt free.

[skinny] 15/4/2015 07:05

Crawshaw Group plc (the "Company") (AIM: CRAW), the fresh meat and food-to-go retailer, announces that it has acquired 100% of the share capital of Gabbotts Farm Limited for £3.9m utilising existing cash resources on a "debt free cash free" basis from Cribbin Family Butchers (Holdings) Ltd.

Gabbotts Farm Limited is the holding company for Gabbotts Farm (Retail) Limited which operates 11 retail butchers units, which includes a factory meat mart attached to a small distribution centre, in the North West of England. Their retail format is almost identical to that of the Company, selling quality fresh meats and food to go at value prices.

Gabbotts Farm (Retail) Limited generated a turnover of c. £10.8m and an EBITDA of £0.8m (before group management fees and one off costs) for the financial year ended 31st December, 2014. The acquisition will increase earnings immediately and provide the Company with access to customers in a completely new geographical region, as well as presenting the potential for operational synergies to further enhance profitability.

Chief Executive Officer, Noel Collett, comments:

"This acquisition provides a well established retail portfolio and factory operation in a new geographical region which is an integral part of our expansion strategy and the start of our exciting journey of achieving 200 stores. Furthermore, the operational synergies and the new supply chain network can rapidly enhance sales and profitability".

[celeritas] 14/4/2015 21:58

It's heading towards materially ahead result with the consolidation period over. This is a long term growth story, a buy and keep adding if you like.

[gucci] 14/4/2015 19:20

Cr bought some that's why