Creightons Share Discussion Threads

[cockerhoop] 25/2/2021 17:06

It was either/or. The vast majority of the placing and resulting dilution at IDP would not have taken place if they had agreed to a merger with CRL.

[thirty fifty twenty] 25/2/2021 16:45

yes i think it shows the steady nature of CRL not to go mad on the price. that said, i thought their initial offer was a little optimistic! i read it that they felt their own CRL shares would be >70p after their results, so that the 44p offer in shares might be closer to 50p. from what i've heard, the new guy at IDP is actually highly rated, so i'm not surprised that shareholders at IDP would rather take the 'loss all/multi-bag' ticket than the steady returns being part of CRL. i.e. why fund the new CEO at 35p (presumably believe you can get 100p back in a few years) to then bale at a 50p offer which might rise to 75p in a few years (assuming CRL share price hits 100p itself) anyway time will tell, on both CRL results and IDP CEO/ skinny tan potential etc..

[its the oxman] 08/2/2021 15:49

Hold on tight for push into 70s and still lowly rated.

[podgyted] 07/2/2021 21:25

In ST's review of his 2020 bargain shares portfolio he still rates CRL as a buy.

[its the oxman] 05/2/2021 15:42

Been a while coming. Looking set to break 70p

[investor0109] 03/2/2021 18:15

blueball- appreciate your bringing Cawkwell's interest to attention. Certainly a vote of confidence and with good reason.

[cockerhoop] 03/2/2021 12:14

David, With the limited detail no one really knows how any potential corporate action would pan out. I'd be comfortable with CRL stripping out the brands and utilising the digital capability of IDP. I wouldn't be keen on a full on merger as it feels the IDP corporate culture has been pretty spivvy and relationships at board level poisonous.

[blueball] 03/2/2021 10:28

Simon Cawkwel..!

[davidosh] 03/2/2021 10:28

Do you all think Innoverderma would be a good fit?

[twirl] 03/2/2021 10:26

who is EK?

[blueball] 02/2/2021 19:03

Good to see EK liking this.

[investor0109] 02/2/2021 09:39

CRL bid approach for InnovaDerma rejected- announced today. Very positive indication of CRL's ambitions to grow the business. Believe likely more developments to come this year.

[investor0109] 25/1/2021 17:08

s34icknote- appears to be renewed interest in CRL of late and with good reason. Undervalued, consistent high growth and good prospects in coming years.

[s34icknote] 21/1/2021 11:30

Decided to buy in this morning .Looks solid under rated just like win.

[cheshire man] 21/1/2021 11:01

Good to see the turn on the chart,,,,,,,,what's with all the silly small trades ?

[investor0109] 08/1/2021 17:36

mauricemonkey- ought to clarify, mine a sense of bafflement rather than lack of understanding. Quite agree that where excitement concerned, little to be had in CRL's soap and shampoo! A profitable investment, however, I believe it will continue to be. The investment portfolio as a means of injecting excitement seems a rum thing to me, though to each his own.

[mauricemonkey] 08/1/2021 15:37

Not really, they're an unexciting consumer defensive. I said months ago a P/E of 15 is about we're going to get here. There's no broker notes or forecasts either so we just have to keep faith. Additionally there's a lot of 'hot' sectors right now, technology, medical, clean energy. Soap and shampoo just isn't fashionable :) Our day will come again.

[investor0109] 08/1/2021 15:23

Bafflement that there should be anybody looking to sell at this juncture. Still, everybody has their reasons. Time for a top-up.

[its the oxman] 04/1/2021 13:26

Steady buying.

[mfhmfh] 30/12/2020 11:54

from memory, in the piworld presentation this month Pippa Clark did mention a skin tanning brand would be something she would be interested in. IDP might be a good fit.

[deanowls] 30/12/2020 11:43

The question for me is who could they look to buy, obviously there are private companies that I am not aware of but could Innovaderma IDP be a good fit? Has the skinny tan brand, a stable of direct to consumers, a hair dye brand, men’s grooming and a couple of lines that don’t produce much revenue. They outsource production so there could be economies of scale and they are dealing in the same markets and customers. Back of house synergies and fills in on product gaps in CRLs products. Has a current market cap of 9m on sale of last year 13.3m. Not here to ramp as I hold both companies but I was intrigued by the comments at the end of the presentation around the growth, products they wanted to infill and the want to go DTC.

[its the oxman] 30/12/2020 10:40

Still see 70p plus here before too long.