Croda Share Discussion Threads

[stoic warrior] 27/7/2005 10:45

Good results, increased divi, share price may now be breaking out ...

[zooshare] 04/3/2005 17:20

wakey wakey....whats happening here? lots of recoms for this share...

[lbo] 21/4/2004 11:31

Deutsche Bank have added and acquired 1.3m shares....Nice!

[lbo] 20/4/2004 08:23

I believe CRODA have an AGM on thursday

Should be upbeat on Q1 and outlook for the year


24/02/04 LONDON (SHARECAST) - Yorkshire-based chemicals group Croda which makes the basic ingredients for make-up to plastic bags, said full year profits rose and 2004 trading had started well.

The group added that costs related to job cuts and the closure of units also helped it post full year pre-tax profit up 2% to £38.5m. The dividend was also increased 3% to 11.85p.

Croda added that trading has started well in 2004 with results ahead of this time last year. "The current weakness of the US Dollar against Sterling is, however, of some concern," it said.

"In a year when the world economy faced a number of disruptions and Europe saw little or no economic growth, we believe we did well to achieve a similar level of sales and operating profits on continuing operations compared to last year," said chairman, Antony Beevor.

Croda managed to reduce net debt by £23m to £29m.

[geoffrey] 07/1/2004 21:49

Two known negatives,dollar earnings and pension deficit seem to me to be already reflected in the current price of 257p. Two recent directors purchases of 4000 shares each at approx 250p were encouraging.

[floppyhunter] 06/1/2004 07:58

I am a long term holder of CRDA. They are in a highly specialised field and are a very sound company. I think fair value is around 325 and divi is safe. All IMHO and DYOR.

[fhmktg] 05/1/2004 09:44

General business upturn, plus specialist nature of crda suggest a rerating this year?
opportunities for takeover should be coming onto radar screens this year, but weakness of dollar could limit this to European groups, such as Henkel.
So...

Any views on 'fair value' in the event of a takeover?

How safe is the dividend?

Welcome views before I take the plunge!

[floppyhunter] 16/7/2003 10:35

Interim results shortly. The likes of Henkel and Givaudan could well take a closer look at them........ My first buy was 239 and have been adding on the way up. Much more to come, IMHO

[pimster] 28/2/2003 08:27

STB - Yes, I am, currently long. Nothing to add to the two pieces of info you already have.

[singing the blues] 27/2/2003 22:10

Anyone following this.......frequenttrader bought into this stock recommends it for the next few weeks in these turbulent times. Below is the summary from a technical point of view courtesy of INVESTTECH.COM, any comments from anybody????


"Has broken the ceiling of the falling trend, which indicates a slower initial falling rate.
Support and resistance: The stock has broken up through the resistance at 224 p. This predicts a further rise. "

[deadbull] 27/2/2003 13:18

Croda International PLC reported 2002 pretax profit rose to
36.3 mln stg from 31.7 mln a year earlier, and said it is "well-placed" for
further progress in 2003.
The group said that figure hit a 23 pct rise in profits from continuing
operations, while sales edged higher to 314 mln stg from 312 mln in the year to
December, while sales from continuing operations rose to 295 mln from 286 mln.
The dividend was raised to 11.5 pence per share from 11.3 pence. Net debt
was reduced by 11.5 mln stg to 52.1 mln and the gearing cut to 32 pct.
Chairman Antony Beevor said the 2002 results show the "resilience" of
Croda's core business and the wisdom of its strategy of concentrating on
personal and health care sectors.
He said the group has restructured its European oleochemicals business from
the start of 2003 to increase the focus on growth in core markets.
"We believe therefore that in 2003, organic growth, new product deliveries
and the exit from low return businesses will mean that we are well placed for
further progress," he said.

[dumpling] 05/2/2003 16:02

Sold in May (5 on this thread)and haven't been back since. Looking cheap now. Any ideas folks?

[teeps] 19/12/2002 09:13

Didn't really get going and significantly marked down yesterday on low vol. No position now, could go either way imho.

[teeps] 18/12/2002 00:03

Just looked at this one again and if the ftse is going to rally during this week I see a move to the upside. Indicators in the oversold zone and turning and a possible range being established between 250p - 270p - 280p.

One to watch the volume action on. No position as yet.

[teeps] 24/8/2002 00:51

NOw up 8 points, 3.4% and over 1m already traded. Could be one of those 3-4 million days. Some big players seem to be piling in might be worth letting this one run for a while.

[teeps] 23/8/2002 16:00

Now changed my mind when I saw all the MMs starting to mark down. Will defintiely go up again but hoping to re-enter at a lower price - not going to hold over w/e though - too long for things to happen so will settle for 15 points, doesn't sound so much.

[teeps] 23/8/2002 15:34

NOw +12 points, over 5% - hmm, almost upto the 200 day mark around the 255p area. Will keep going on Tuesday or will it give a little back? Think it might try for 255p today before stagnating a little. Indicators are good for continued increase however.

[teeps] 23/8/2002 14:11

NOw up4.4%- definitelt trying toget to the 200 day - maybe Tuesday. Don't know of any news or upgrades out though.

[teeps] 23/8/2002 12:01

Bloody hell - my sharescope seems to be missing around900k of trades. wow - big volume 1.9m, roll on tomorrow.

[teeps] 23/8/2002 11:29

Now up 4.5 points - MMs buying buying at full price, could be a high volume today. Good momentum. Might actually be trying for the 200 day next week

[teeps] 23/8/2002 11:21

And we're up 2.5 points already - onwards to 250p area and the 50 day sma.

[teeps] 22/8/2002 23:03

Must have been a few after hour trades, volume rising 3 days in a row as the price has gone up - must be a jump up soon.

[teeps] 22/8/2002 16:34

didn't make 1m share trades again - will the b'out happen tomorrow?

[teeps] 22/8/2002 16:01

Interesting few trades - massive t trade which appears to be a sell yet there has been plenty of buying at the 240p mark - I guess someone feels this one will fail at the 20 day ema - will we breach 1m trades today?