Crawshaw Share Discussion Threads

[mcmather] 23/5/2018 11:31

playful, amazing / shameful that one person could gave done so much damage.

[playful] 23/5/2018 11:26

The problem they have, and it has been laboured here many times before is the staff resource pool is simply not strong enough. You only need look to the council hygiene ratings to see how the departure of some of their best people hit home.

Personally, I would do the deal with McKenzie meats and include a good lock-in period, so we have that all-important foundation to build on.

We still have some good long-term staff but simply not enough!

[glavey] 22/5/2018 21:01

Wrong quiz, this one:

[knigel] 22/5/2018 19:50

Glavely - the answer to the quiz is "invest low, sell high" and "Bingo"! you make some money!
Not surprised at the drop today - many will be banking profits and who can blame them? :-)))

[1iniesta] 22/5/2018 19:39

How anyone can compare this complex business to a coffee shop retailing a few cakes and heating up sandwiches is beyond me when you get it wrong in this complex business the result is death quite somewhat different to a cold pot of tea I'd say #Ecoli0157

[sillyboy1] 22/5/2018 19:35

Store managers are on a little more than £8.50 but nowhere enough for what they do, a wage structure is needed and not someone coming and bringing all his mates like NC did and taking it all and having the ordasity to say no one can have a pay rise but we will give you a bonus with unachievable goals

[optomistic] 22/5/2018 18:50

Owletta, so pleased about that, unfortunately it does come from a very reliable source

[owletta] 22/5/2018 18:41

OptoAbsolutely not, I would imagine your post to be very accurate

[optomistic] 22/5/2018 18:01

Owletta, I do hope your post is not in reference to mine.

[owletta] 22/5/2018 17:51

The ignorance & lack of knowledge is quite embarrassing to quite a few of the CRAW holders

[optomistic] 22/5/2018 17:45

I am told that the store managers are on £8.50/hour. At that rate they are not going to get the quality of management that is required.

[thevaluehunter] 22/5/2018 17:14

Most food outlets/coffee shop chains with a central kitchen have the same challenges with perishables, traceability and food safety the only extra thing to deal with is the raw meat. From a planning point of view sales forecasting and minimising waste is the key to success but this really isn’t rocket science. I disagree and new management can have a big impact in this type of business. I wouldn’t mind betting the previous management have made the whole store ordering process way too complex.

[1iniesta] 22/5/2018 16:35

You have raw perishable food being stored and served in the same building as cooked high risk ready to eat food that needs holding at critical temperatures there's allergens to label that will change daily depending on what 2 sisters drop in there use by dates that will replace frozen best before dates there's product recall traceability to adhere to there's ensuring that the rota complies with food safety so the staff are not crossing from raw to cooked and you haven't even started to think about taking any money yet but no you absolutely bang on its hardly complex. Why don't you get it one man one change at the top is not going to save this business it's like throwing a deck chair off the titanic they need people at store level

[thevaluehunter] 22/5/2018 16:20

Yes the previous management were the problem here and it’s hardly a complex business.

[1iniesta] 22/5/2018 15:25

I'm told that some store managers are now responsible for 2 stores. This can only be due to the fact that they are seriously short of good people. In retail I'm sure that this is normal but the complexity of this business surly can't sustain part time managers dipping in and out throughout the week so who is going to open and run the 8 new factory shops. The brand isn't strong enough to drive the sales they need solid structure at store level it's all about the people

[mcmather] 22/5/2018 14:47

There's more shares now and the high street shops still need sorting but the factory shops are booming and with 3-8 more planned this financial year, so hopefully some potential.

[thevaluehunter] 22/5/2018 14:06

This was 90p in 2015 when they did £1m ebitda on sales of £37m. Now they are on £44.6m with adj ebitda at -£0.4m. Surely when the new management get in and sort out the £3.3m central overhead costs this should fly again.

[meijiman] 22/5/2018 11:46

Bit of profit taking today. I'm feeling a bit chipper as my last two punts have worked out well-this being one.

[optomistic] 22/5/2018 10:42

It would be nice to see CRAW share price close to CWK's....:-))

[mcmather] 22/5/2018 10:30

Think that is CWK, not CRAW.

[meijiman] 22/5/2018 09:51

Cranswick very good figures -any read across here?