Creightons Share Discussion Threads

[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.

[mfhmfh] 22/12/2020 09:46

time for a turnaround I hope

[mfhmfh] 21/12/2020 11:28

top up opportunity IMO

[investor0109] 21/12/2020 10:59

juuunx2- glad to take their shares today and sell them back +50% in 3-6 months time.

[juuunx2] 21/12/2020 10:19

Spot on totally agree profits going up every year and pay a div. I like their diversification of products and seem to adapt well

[investor0109] 21/12/2020 10:10

Today isn’t the day to sell CRL. Record-breaking results during toughest market conditions in decades. Most recent panic does little to alter prospects here and may even be beneficial.

[gdjs100] 16/12/2020 10:27

I think 6.6p may be a stretch but I am more bullish on an appropriate multiple than you. 6p looks likely, and for a company pushing 10% operating margins with no significant debt, freeholds, and consistent ROE in the 20s I don't see why they couldn't at a 15x multiple. 9x just seems anomalous.

[mfhmfh] 16/12/2020 10:08

I agree.

EPS 3.31p at half year.

6.6p EPS at full year with a forward PE ratio of 12 would give a share price of 79p.

even a 6p EPS at full year with the same PE ratio gives a share price of 72p.

[its the oxman] 16/12/2020 09:58

Expect this to pop 60p again with general market moving up.

[mfhmfh] 14/12/2020 19:03

positive write-up by ST in today's IC.

when he started covering CRL in February this year his target price was 75p.

[twirl] 14/12/2020 13:16

ST conclusion post results

"Importantly, the company has Brexit proofed its business, registering a new subsidiary in Ireland and establishing a German subsidiary to facilitate trading within the EU.

On a trailing price/earnings (PE) ratio of 9, and price-to-book value of 2 times, Creightons’ ability to generate an impressive 20 per cent-plus post-tax return on equity is still significantly underrated. A small dividend adds to the attraction. Buy."