Crawshaw Share Discussion Threads

[shanklin] 07/12/2015 10:43

Blimey. Are they trying to shut town centres in the South?

[hydrus] 07/12/2015 10:05

This could be good for Crawshawshttp://www.bbc.co.uk/news/business-35019717

[janeann] 05/12/2015 20:15

.... but how are the homeless guys going to cook it?

[playful] 02/12/2015 20:32

What a lovely gesture from one of our customers, true Christmas spirit!

[playful] 26/11/2015 21:52

We should be running a Black Friday deal on the hampers tomorrow with £5 free savings stamps with every order...

[davidosh] 26/11/2015 10:46

Yesterdays SmallCap radio show and a new feature 'One to watch'

The Butchers slot this week covers all the new Crawshaw store openings and our Christmas Hampers

[playful] 25/11/2015 10:33

Nice write-up in the Loughborough Echo

[playful] 24/11/2015 19:03

Hopefully our Pocklington shop will get its water supply back soon:

[playful] 21/11/2015 18:52

Thanks for the feedback Extrader.

They have a specialist new store opening team, basically it's their best people that setup procedures and train & recruit before moving onto the next.

It is a good system and ensures all our shops meet the same standards.

[extrader] 21/11/2015 17:48

Hi all,

Just back from checking out the new L'boro store and stocking up whilst my (vegetarian) partner is away ;->

Despite having a Greggs next door and a butchers trailer directly outside (market day only), business was brisket 4-30 pm.

I was served by the store manager, who remembered me from a couple of visits to the Derby outlet. He said the new store was exceeding expectations and - when I asked if by chance he knew the location of the next opening - said he hoped it would be Nottingham, as he'd love to run that one too.

Spoke highly of Neil and the 'working vibe' certainly seemed positive.

NAI, DYOR etc etc

ATB

[scottishfield] 21/11/2015 15:38

39 stores to around 200 would certainly be very impressive.

[tadders2] 21/11/2015 15:35

No idea.....but I do think that the share price is heading North.

[davidosh] 21/11/2015 15:06

It is rather impressive how the project managers & store fitting teams have got all the stores completed in record time for the November openings and just shows what Crawshaws are capable of delivering in 2016...

9th Nov....Bury
16th Nov...Loughborough
19th Nov...Birkenhead

Anyone know where we are going next ?

[davidosh] 20/11/2015 10:25

This is a very scale-able high street food sector growth story. No more funding is likely to be needed so no dilution in the foreseeable future.

Can go to 200 stores in the next few years and every store is profitable with ever improving margins. The new CEO has done it before at Lidl and is going to show how it can be done again....he is building and has already substantially built a team of key executives to do this.

Shops are opening every two to three weeks....there will be a lull now to allow the very busy Christmas period to take place but then onwards and upwards in the new year as key sites become available (often good sites come up in January as businesses move out after struggling through Xmas)

The City love the story.....there is very little else in the sector anywhere near it as far as potential and ability to deliver and you can already see the ground and first floor in place. Foundations are great so I am afraid the price is high as the building is going much, much higher than most thought possible a year ago !

In three years ?....that is where the vision comes.

I am totally relaxed about it but clearly many are only just getting to hear the name. It will be throughout and reaching 90% of the people north of Birmingham by then on a daily basis. Nobody really knew much about Lidl and Aldi until three years ago but they were quietly building and now have massive growth and penetration.

Here comes the next big food growth story

[nickfishfishfishthorn] 20/11/2015 08:56

Multibagger - some back of the napkin estimates I'm working from:

2014: £820k profit on £21m turnover from 19(?) shops

Currently 39 shops so turnover should be around est £44m
=> est £1.7m profit (but then margins have improved since 2014 too)
=> est PE of 40ish
=> planned growth rate of 35% to match

SP seems optimistic but not outrageous. The bull case would be that they're doing even better than their estimates. All my estimates, please correct me where I might be wrong.

[montyhedge] 20/11/2015 08:06

It's the guy in charge, he will build this up into a massive company.

[multibagger] 20/11/2015 07:01

Fantastic news for holders :)

I'm trying to understand the gravity defying shareprice uptrend and the justification of a PE in the seventies, given the profit margins being quite small. What am I missing / don't know that is propelling the CRAW share price ?

TIA :)

[tookers] 19/11/2015 20:00

No ta Smelgys Mum, I can smell the kippers from ere

[smelgys mum] 19/11/2015 19:48

Now now Tookers, fancy coming round? £40

[tookers] 19/11/2015 19:43

Be a good lad Smelgys Son and give ya nan's curtains a scrubbing they be like beef dripping

[tookers] 19/11/2015 19:43

And ya mam

[scottishfield] 19/11/2015 15:38

Good volume again today, wonder what (if anything) has prompted that? Topped up myself yesterday.