Creightons Share Discussion Threads

[kalkanite] 23/3/2017 11:58

Woodcutter, it seems we have both been looking closely at this company over the last couple of days. I watched the video here...



this morning and was equally impressed with Pippa. One to tuck away for long term.

[woodcutter] 23/3/2017 11:22

watched the video presentation and accumulated.

the sales and marketing director Pippa Clark looks a shrewd cookie, looks a strong management team.

production manager must be pulling his hair out dealing with the range of product.

woody

[woodcutter] 23/3/2017 08:26

might be a bit late to the party but it looks undervalued coupled with a strong trend and a break out. Had a little nibble yesterday.

Tight margins so not much room for error though.

woody

[value king] 16/3/2017 16:01

1p eps in the first half. If they just repeat that in the second half then the PE is below 9 ?

[hjs] 16/3/2017 14:57

Pye
I tried everywhere to find the Eps F'Cast for this company but without success.

[value king] 16/3/2017 13:34

Nice director buy today.

[pyemckay] 08/3/2017 13:57

what is forecast eps this year please ?

[deanowls] 07/3/2017 17:59

Thanks much appreciated.

[tomps2] 07/3/2017 14:06

Video: CRL investor presentation



Bernard Johnson, Group Managing Director, introduces Creightons and the team:

Introduction - 0:43
Key achievements – 1:49


Pippa Clark – Global Marketing Director

UK markets overview 4:50
International market overview – 6:33
Brands – 7:56
Private label (Service and technical expertise key) – 8:43
Contract – 10:19
Competitors: Private label; Contract manufacturing; Branding – 12:00
Who are Creightons? – 13:20
Trading history: company sales and acquisitions – 14:42
How we deliver – 16:40
Business comparison 2003 to 2017 – 19:54
Category breakdown: 2003 to 2017 – 20:38
Customer mix 2003 to 2017 – 21:12
Category mix 2003 to 2017 – 21:49
Award winning products: consumer and customer awards – 22:36
Customer feedback on Creightons products – 23-21
Innovation: keeping up with fashion and trends; often first to market – 23:40
Service: private label and contract – award winning: Asda, Superdrug – 24:22
Visuals of product in market: Emma Bridgewater; Kate Humble – 24:49
UK displays: Dobbies, Morrison, Wilko, Superdrug, Boots – 26:09
Internationally: Top market Chile! (Listed with an excellent retailer, Fasca), Oz, S Africa – 26:35
Retailers: internationally – 27:35
International displays: Australia, Turkey, South Africa, Chili, Peru, Poland, Russia, Morocco, Denmark – 28:07

Paul Forster, Director of UK operations/ Commercial Director (formerly CFO)

Financial history – 5 years underlying growth in spite of selling brands: Real Shave sold 2015 (rev £1.2m); Twisted Sister sold 2014 (rev £900k). If these were added back in 42% sales growth - – 30:09
Profit: 5 yrs growth ex exceptionals – 32:44
ROCE 18.6% in 2016 (incl exceptional profit) – 36:52
Debt: £1m investment in Broadoak – generating cash out of profits; at peak of borrowings
Gearing: 13% - scope for acquisitions
Competitors financial ratio analysis: Swallowfield; PZ Cussons; McBride – 38:47

Pippa Clark, conclusion – 42:22

Future drivers: brand acquisitions; to double t/o; expand exports to US & Germany; develop premium sector: relaunch Potter&Moore – 42:33

Q&A – 43:55

What are the cost savings with Broadoak? – 44:00
What are fx implications since Brexit, for margins? – 45:44
Is operating margin of 6% sustainable? – 47:35
Cash position due to Broadoak? – 48:39
How can you compete with very big brands? – 50:16
How much can exports grow by? – 52:05
Exports by Nick Wade, Export Director – 53:33
Can your capacity handle further growth? – 54:24
Historic and future corporation tax? – 54:42
Could you manage others’ brands, to increase your margins? – 55:53
Sally Cross Sales and Marketing Director (Private Label & Contract) – 57:32
On-line strategy? – 58:25

[tomps2] 04/3/2017 16:54

Afraid not. I'll put a link here as soon as I can.

[deanowls] 03/3/2017 04:38

Hi Tomps, any news when the presentation will go up?

[rhomboid] 21/2/2017 19:35

Thx looking forward to it

[tomps2] 21/2/2017 19:28

A video of the presentation will be available soon on piworld. It was an excellent overview, they're a very cohesive team, great expertise, with an ambitious outlook - but form your own opinion when you see the presentation yourself - we'll also post the slide presentation.

I'll post the link here, when it's live.

[deanowls] 21/2/2017 15:09

Predictive Spelling meant to say aah.

[deanowls] 21/2/2017 14:12

Ath today as I type.

[deanowls] 21/2/2017 14:12

Anyone attend yesterday that could give an update?

[tomps2] 30/1/2017 15:24

PIWorld have arranged a presentation by Creightons on Tuesday 21st February at 2.30, Central London.

(IDOX and Cohort(CHRT)will also be presenting, at the same event.)

Email me if you'd like to attend [e-mail] (Although places are limited).

[rhomboid] 23/11/2016 19:27

Well results were as good as I'd hoped for

"The Group has continued to make progress against a background of increasing competition in the first half of the year recording an operating profit (before exceptional items and tax) of £799,000 in the six months to 30 September 2016 (2015: £208,000). The Group is reporting a profit after tax for the six months to 30 September 2016 of £671,000 (2015: £1,050,000 including an exceptional item of £844,000 on the disposal of "The Real Shaving Company" business which was completed on 28 May 2015)"

[davidosh] 07/11/2016 11:39

The Company announces that it will be issuing its unaudited interim results for the six months ended 30 September 2016 (the "Period") during the last week of November 2016.

The Company anticipates that unaudited sales for the Period will be in the region of GBP15.7 million, with GBP4.2 million of those sales coming from the assets acquired by the Company's subsidiary Potter & Moore (Devon) Ltd from Broad Oak Toiletries on 16 February 2016, and the remainder, of GBP11.5 million, from the existing business (six months to 30 September 2015: GBP10.6 million from continuing operations).

[johnyee 7] 01/11/2016 14:30

Interims next week on the 11th

[3800] 29/9/2016 19:53

Plenty of trades today and it's very illiquid, it has a good run recently but it does'nt take much to move the price. I do feel overall, the company is a good one but i wouldn't like to have my entire life savings invested here!

[rhomboid] 29/9/2016 19:39

No clue but I'm happy, it ranks highly on stockopedia rankings so that might be a factor?

[iasike] 29/9/2016 19:26

wnice upward trend of late, anybody know of anything afoot?9

[rhomboid] 31/8/2016 23:09

Fwiw I've bought an initial place marker stake here , I think there's a line of stock around as I bought below the mid, I couldn't get filled last time I tried to buy so missed out on 30% of the recent rise but the latest results derisk it substantially so swings and roundabouts