European W. Share Discussion Threads

[stevie blunder] 30/9/2013 17:38

Net assets per share actually down to 1.0p from 1.1p

There will hopefully be a large uplift in the value assigned to the stake in EW with the finals since it will be profit making with about 800m AUM at year end, versus loss making in the prior year.
I see EW has a target of 3 billion AUM for 2016. What comparator companies can we look at for a possible valuation guideline?

I bought a few a couple of weeks ago.

[loftus16] 30/9/2013 16:55

Making progress.

[fillipe] 01/8/2013 11:36

Small dir buy today, but you also may be able to pick some up at 1.18p as long as the amounts are not huge...... that price for say 100k should be possible - for now.



this is a total sleeper, pending newsflow.

f

[fillipe] 26/6/2013 20:09

Hi emps....trust all's well with you and yours.

I've read the various RNS's for EWG - read some a few times over! I'm unsure quite what to make of this one, given there's so little gossip around about them.

Have you any further thoughts on "what a story"?....Ta muchly.

Best wishes

f

P.S. SKP seem to have legs, despite the huge debt, but encouraged by their most recent RNS.
Singer say 8p of eps for 2014, with few shares there and a full list.

[empirestate] 25/6/2013 08:42

muted response from an illiquid market. what a story

[empirestate] 12/6/2013 17:45

interesting this one. 25th June should be even more interesting.

[loverat] 06/3/2013 08:10

Looks like that first trade at 1.34p was a buy.

[loverat] 06/3/2013 07:14

Looks like things here are going well.......



'Based upon the closing mid-market price of GBP0.01375 pence per Ordinary Share on 5 March 2013, being the last practical day prior to the date of this announcement, the value of the Consideration Shares is approximately GBP781,652.59. This implies a value for European Wealth of GBP13.26 per share or approximately GBP8,012,670, with the Company's 48.81% equating to a valuation at that price of approximately GBP3,910,745, equivalent to approximately 80% of the Company market capitalisation, as enlarged by the issue of the Consideration Shares'.

[loverat] 05/2/2013 10:03

Everyone over at HHR currently.

But it is also the quiet and unassuming ones you need to watch out for.

[loverat] 04/2/2013 18:48

Very positive announcement today and it moves up again.

I wish I bought more of these back in October when this fell on tiny sell volume.

[loverat] 16/1/2013 06:52

Formally Kingswalk. New thread.

[piedro] 18/11/2011 16:30

NEW BB for Chapel Down - CDGP

[piedro] 13/11/2011 11:51

traderabc
- interesting comments
- quite a few regarding the price

[traderabc] 13/11/2011 00:48

10 best English wines
If you thought English wine came in a poor second to international wines, think again. We now produce world ranking vintages, both sparkling wines and still wines that beat competition from better known European vineyards.

[piedro] 21/10/2011 12:50

Without information forthcoming from the Company, I have
found it necesary to do some v.crude calculations ....

Assuming:
1/- a yield of 50 hectoliter/hectare
[
That is - 2,272 liter/acre
2/- a selling price of £10/liter

A table of acres in production,(based on turnover),gives:
Year... t/o £m.... acres
2004.... 1.507..... 66.4
2005.... 1.784..... 78.6
2006.... 2.257..... 99.4
2007.... 2.476.... 109.1
2008.... 2.337.... 103.0
2009.... 2.486.... 109.5
2010.... 2.668.... 117.5
2011f... 3.868.... 170.4

Poorer quality grapes give higher yields.
Also, other sales are included in the turnover
Thus, indicating that the acres should be less than stated
But, at the same time a constant price of £10/liter has been used
which would have been lower in the earlier years. - IMHO

- comments welcome.

[piedro] 06/10/2011 10:30

ukinvestor220 - I agree, we need a new thread.
Would you like to do the honors?

[ukinvestor220] 06/10/2011 08:58

i suppose we need a new thread now for CDGP

[ukinvestor220] 06/10/2011 08:50

From recent IMS:
we are proud and excited to be able to announce that we have been appointed as sole wine and beer suppliers to Jamie Oliver's exciting new Union Jacks restaurant concept in October.

[chutes01] 05/10/2011 11:16

price creeping up well, nice bit of fizz.

[piedro] 28/9/2011 13:16

Wednesday 28 September, 2011
CHANGE OF NAME AND CHANGE OF BROKER
The Company is pleased to announce that it has changed its name to Chapel Down Group Plc. The Company's new ticker is CDGP.
The Company is also pleased to announce that it has changed its broker to Dowgate Capital Stockbrokers Ltd.
The Directors of the issuer accept responsibility for this announcement.

[piedro] 26/9/2011 11:12

The results in perspective ....



... the first half (H1-) has never been good for EWG, but the latest interims (H1-11) show a useful profit and, if the end of year results follow the trend ... ...
... we can look forward to a PBT of ±£200,000 for this year - IMHO

[chutes01] 23/9/2011 15:49

excellent figures, need some time for share price traction.

[piedro] 23/9/2011 15:36

UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30th JUNE 2011
SUMMARY
- Turnover up 41% at £1,609,932(2010: £1,144,401) almost entirely accounted for by an increase in volume of wine sold.
- Gross profit up 24% at £708,375 (2010: £572,505). Gross profit margin was 44% compared to 50% in the comparative period reflecting the impact of higher raw material and fuel costs, and unfavourable exchange rates.
- Operating profit of £111,753 compared with an operating profit of £2,792 in the same period last year.
- Pre-tax profit of £38,851 compared with a loss of £63,344 in the comparative period excluding the effect of the FRS20 share option provisions (note 2).
- Average selling price (excluding duty and VAT) is 4% above prior year. This is in spite of the increase in VAT to 20% and a 7% increase in duty.
- We have obtained further listings of our wines at high profile restaurants including Pearl Restaurant, RAC Club, Gordon Ramsay Holdings, ETM.
Recent awards, including a coveted Gold Medal for Chapel Down Rose Brut at the International Wine Challenge 2011, along with favourable media coverage for our wines have helped us build awareness and a premium brand positioned for future growth.
- Initial signs suggest that the 2011 harvest will be similar in volume terms to the 2010 harvest.
- Increases in supply of quality fruit as new vineyards start to produce grapes

[piedro] 23/9/2011 15:31

Ooops !!
What happened to the 'Visitor' counter > 0

[piedro] 24/6/2011 12:25

Friday 24 June, 2011
Completion of Placing and Result of AGM
The Directors of English Wines Group would like to announce that the Company has today completed a placing raising a total of £349,199.90 before expenses. These funds were raised through a private placing by Rivington Street Corporate Finance of 2,494,285 ordinary shares of 5p to institutional investors and private individuals, at a price of 14p per share. The Directors intend to use these funds to increase production and build the Chapel Down brand. .... ....