Creightons Share Discussion Threads

[glaws2] 11/12/2019 11:31

I think the apparent lack of interest is due to PIs being on hold until after the election.

[kreature] 11/12/2019 11:19

There doesn’t appear to be much interest in this one? Very few trades, hardly any posts on here recently. No sign of a bounce off 40p?

[rndm355] 09/12/2019 10:55

Does it matter? It will be reclaimed if it is paid?

[kreature] 09/12/2019 04:43

RNS: 'for the purchase price of £3,800,000 exclusive of VAT' Is VAT being charged ? The £3.8m cost of the property minus the HSBC loan equals £760k. And 20% VAT on £3.8m would coincidentally also equal £760k. So just asking. The 2006 purchase price was £4.4m, so wouldn't £4.56m make slightly more sense? 'As a general rule, the sale or lease of a commercial property is exempt from VAT.................there are certain exceptions to this rule. VAT at the standard rate is applied to commercial property transactions where.....the vendor or landlord has elected to charge VAT.' htTps://www.pricebailey.co.uk/blog/vat-commercial-property/

[kreature] 30/11/2019 23:59

Well ahead of their tip price so they probably feel the share price is a bit frothy but you'd need to read the article. Well worth paying for all their content

[hjs] 27/11/2019 15:20

any idea on what grounds are shareprophet saying "Sell" I would not read too much in their report as they are shorters of stocks.

[zoolook] 26/11/2019 08:00

What’s their beef?

[kreature] 23/11/2019 22:06

ShareProphets have this down as a Sell as of today. htTps://www.shareprophets.com/views/46003/creightons-interims-believes-in-an-excellent-position-to-take-advantage-of-any-opportunities-but

[tomps2] 22/11/2019 16:13

CRL results video from Wednesday, as the webinar. Https://www.piworld.co.uk/2019/11/22/creightons-crl-interim-results-presentation-for-period-ending-30-9-19/

[cheshire man] 22/11/2019 10:27

I took advantage of that dip yesterday :-)

[bo90] 21/11/2019 22:06

maybe traders just want to take a profit from 34p?

[hjs] 21/11/2019 15:21

thanks JakNife for your feedback.

[shanklin] 21/11/2019 15:02

Despite the very positive operational gearing, I presume the impact of the vast number of share options, together with the considerable reversal on predicted sales growth, is harming the share price short-term,

[jaknife] 21/11/2019 14:28

hjs, I replied to kreature yesterday in post 456 above

[hjs] 21/11/2019 14:27

JakNife Any feedback of the presentation you said you were going to attend at 2pm?

[kreature] 21/11/2019 10:20

Wood for the trees...Goodbye 50p.

[kreature] 20/11/2019 19:04

JK thanks. I would try to look at this more closely but..............perhaps best for me not to be too negative/positive until then

[from8to800] 20/11/2019 17:51

May have spoken too soon.

[jaknife] 20/11/2019 16:14

kreature, Quick comments: * Yes the inventory build up was BrExit related. * The mortgage is for £3.04m and is 15 years with HSBC on an amortising basis with interest fixed for the first ten years at a tad over 3% * A mortgage so as to spread the cash cost and also because they perceive the interest as cheap and want to retain the flexibility with the cash and other bank facilities * The story is that the chairman bought his shares originally and when the freehold became available he bought it to provide some security but with the promise that the business could buy it from him in the future if they could afford it * Buying now is seen as completion of that promise, the price was done by reference to 3rd party valuation and so is treated as arms length (I would agree that valuations provides ranges rather than spot prices) * ownership of the land is seen as desirable as it provides options over extension/warehousing Please feel free to criticise, I appreciate the challenge of having to justify my thoughts. JakNife

[kreature] 20/11/2019 15:13

JK, thanks for the offer. I send a question to you but I probably don't know enough about this one.

[jaknife] 20/11/2019 11:43

kreature, I haven't read the interims yet (not time) but I'm going to the presentation at 2pm. Any questions that you would want me to ask? JakNife

[from8to800] 20/11/2019 10:34

Hallmark of a manufactured shakeout. Should move on nicely from now on.

[hjs] 20/11/2019 09:30

agree Oxman. good results and share price should recover nicely after some profit taking. This is normal after trading update. IMO after today's Rns, share price will recover to 55p in the short term and 60-65p in the medium/long term. Director's presentation at 2pm today.

[its the oxman] 20/11/2019 08:50

Decent results and growth prospects going forward. Just a bit of profit taking today. Suspect they will recover nicely.