Yogi, yes it looks like a b/o.
I had taken my eye off CRPR, but looked at it again this week.
The chart pattern looks like an Inverse Head and Shoulders, with a target of approx 1615.
Not currently holding. |
After a quiet period cheeky break out confirmed today.... |
Not if you don't sell - but the question (as always) is what "it" will turn out to be!
Gengulphus |
Is it all over? |
Still no sign of the b/o. There is a potential turn indicated early next week. |
Flag looks ready to pop. |
Although TFP is only 22% of sales, last year it contributed 70% of the operating profit. You could say it's more a high tech fibres business with a legacy paper maker tacked on the side... |
What's so wonderful about this; it's a paper maker on AIM with a small higher tech fibres business tacked on so how come the share price has gone so high? shouldn't complain as was in at just around 500p |
Would be somewhat positive if we could finish the week on a new all time high. |
Yogi, agree. |
Certainly something seems to be going on, current movement doesn't seem rational but happy nonetheless! |
Being set up for sale me thinks, local lad to firm |
Enjoying this. Bought most of my shares at £1 |
 Found this on the website - certainly moving forward with high expectations in terms of new appointments!JAMES CROPPER MAKES TRIO OF APPOINTMENTS13th January 2017James Cropper British master papermaker has made a number of appointments across senior roles within the company.Steve Adams, who was appointed as managing director of the company's paper business in September 2016 commenced his post in January 2017.He brings with him more than 30 years' experience and has a strong commercial and business leadership background. Formerly working for 3M across Europe, his roles included business director for display and graphics and, most recently, business director for electronics and energy.Steve said: "I'm excited to join James Cropper at a time when the business is flourishing and looking to grow and develop in new areas. The company has a fantastic reputation in the paper manufacturing arena and I look forward to bringing my knowledge and skills to help it build and further cement its position."Alison Daniels has joined James Cropper as marketing director, and will oversee the marketing strategy of the paper manufacturing arm of the business. She joins the company after 15 years marketing experience with Bayer Crop Science UK.Completing the trio, Ivan Iannetta, a paper and packaging industry expert, has been appointed as sales manager for the east coast of the USA to provide local client support and promote the company's offering in the region.Phil Wild, CEO at James Cropper, said: "The paper manufacturing industry has seen a lot of changes in recent years, so the need to innovate, develop and improve is more important than ever. Our people sit at the heart of these initiatives."2017 is set to be another exciting year for James Cropper with the roll out of our latest paper range, Dolcelicious a food contact approved paper and our Tailor Made paper service across global markets.""We're confident that our latest recruits bring with them the necessary skills and experience that will help us in our continued quest to be at the forefront of our industry, whether it's technical development, enhanced marketing strategies or increased sales." JAMES CROPPER MAKES TRIO OF APPOINTMENTSBack to list |
Looks like we should get an eod close over 1342, so bought back in today.
Edit, tp 1518 [based on h/staff calc] |
Price is making a flag or pennant. Support around 1266. Potential tp marked in grey fibs, actual tp depends on breakout price. Not holding |
I got out today, didnt own that many ,but being newish to the shares business, this has been one of my stronger successes. In general I am taking profit on several of my better beforming shares and cutting those that are idling because I expect a sharp drop around Article 50, then I might choose to get back in to a few, this one included. |
Let the last lot of shares go a bit earlier today. Good luck all. |
Yogi, This has been a great ride! I'm in here purely on a chart basis, but I can't help but wonder if there is something fundamental going on in the background.
The tp around 1390 remains.
The price has risen in an acute Rising Wedge and the apex can sometimes coincide with a turn in the price. This is on Friday 13th January.
A small gap has opened in the uptrend. This is a continuation gap [around 1266] and is an excellent place for support during the consolidation phase that is likely to follow in due course. Good luck all. |
Watching on in quiet amazement!! |
Sold a few today to fund another trade. :)
Potential turn day here 12/13th Jan. |
Garbeklb, there is the newish CEO who is an outsider. [Ex-3M] |
I'd be v v surprised if the family would sell out - still heavily involved in running the company.
I like family firms - but one downside is that there is v little takeover activity. |
hybrasil, thanks for sharing.
Re, tech fibres, rather than t/o could there be a possibility of sharing/cooperation/merger?
There still seems to be regular buying, as though someone is building a position £10k+ at a time. It's been going on since the new year.
We look set to confirm the new target price today, if it can close above 1275. If we do eventually reach 1390 there are some new higher targets that will come into view. |
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