It isn't the end of the road but you'll have to be patient and wait several years after the stock is delisted. MA has previous form with SVCA but that was OK if you stuck with it. |
End of the line. I'm afraid with his stake Gusborne will definitely delist. |
To be fair... they're not far off from operating profit. GP is 4.8m. Admin expenses 6.1m. So another 30 percent growth in GP will get them there. Each year they're building on the matured vine acres ... so this should happen so long as the sales team can deliver.This years poor weather and hospitality declines hasn't helped of course |
Anyone in the industry know how meaningful the agreement with Enotria is?They mention reaching establishments that were unable to access previously due to not meeting minimum order requirements. Turnover is 160m pounds (with 66 sales men/women)... so a significant distributer... Hopefully gives a boost to wine sales.Gusbourne really need to get to a sales volume that's going to give a net profit rather than delivering losses year on year and building debt. About 3 years ago I picked this up as a 5 year buy and hold, so far it's still lacking the volume it needs to get to self sufficiency ... |
CDGP results not good well below expectation. Wonder if merger with GUS is still an option? |
70p trade just went through. Haven't traded up there for a while. Hopefully this is gearing up for news on a merger or sale. |
Commencement of offer period. Given the timing of this announcement, it could be that Gusboutne gets wrapped up under any offer made for Chapel Down and sold as a package. |
Interesting seeing CDGP share price rising. Our market cap is now 30per cent CDGP, while GUS has inventories of 70per cent of CDGP.Also interesting seeing Ashcroft taking a 3per cent stake in them. Any thoughts on a merger / takeover .... |
UK sparkling wine has world wanting to top up its glasshttps://www.thetimes.com/article/3b91edac-8ee9-4607-8881-5ac2bc3a0fc9?shareToken=13d2811b2f95731e8cb153ceba8e7c7e |
Gusbourne (GUS) Full Year 2023 results presentation - May 2024
Jonathan White, Gusbourne CEO and Katherine Berry, CFO & COO present their results for the year ended 31 December 2023.
Watch the video here:
Or listen to the podcast here: |
Dartboard , thank you for the reply, and certainly that land is only going to increase in value. I'll watch for now, but at present levels I think valued high enough. |
You got to look at the balance sheet rather than the pnl to value this. The land value plus the inventory less the debt. Get you to about 12m. Then the inventory is on balance sheet at cost. So x2 with 50% + margins for sale value. Then the asset that is not on balance sheet is the brand. How much is this worth. No idea, but currently that gets you to 45m market cap. |
The unsecured loan costs them £120k a year (8.5% pa), which, given it's a loss making company and the loan is for working capital, is worriying. Even at the high prices they charge they cant make a profit and they have no permanent CEO. There are 4m warrants out there exercisable by December 2024 at 75p which will dilute the shares at no gain to the company. I know sales are growing and the five year financial metrics presented in the last results suggest break even is closer. But at £45m market cap and revenue of £6m, surely these are not under-valued. So come on, what positive reasons are there for investing? |
Harvest report news…..looks pretty good👍㈴6; |
Gusbourne (GUS) Interim results presentation - September 23
Gusbourne Interim CEO, Mike Paul and CFO, Katherine Berry present Interim results for the period ended 30 June 2023.
Watch the video here:
Or listen to the podcast here: |
Pleased to see GUS having a nice run…..maybe simply ‘better late than never’ response to excellent results 2 weeks ago, or wider coverage of English wine story….either way hopefully plenty more to come 🤞 |
A video/podcast of the FY22 results presentation by Charlie Holland, CEO & Katharine Berry, CFO. (Katherine just promoted to the board today.)
Video: hxxps://www.piworld.co.uk/company-videos/gusbourne-gus-full-year-2022-results-presentation-may-23/
Podcast hxxps://piworld.podbean.com/e/gusbourne-gus-full-year-2022-results-presentation-june-23/
Net revenue: +49% £6.2m
aEBITDA loss narrowed to £1.1m
5 yr CAGR +44%
Gross Profit margin 59.2%
Trade sales are up over 50%, International up over 70% and Direct to Consumer +29% as the UK premium sparkling wine market continues to take off.
Of the outlook, Charlie says:
"With these strong results, a fantastic harvest in 2022, the purchase of new land during the year and healthy inventory levels in our cellars, the Board continues to look to the future with great confidence as we further strengthen our position as one of the UK's most significant fine wine producers." |
2021 revenues of £4.1m compare to forecast by their broker (Panmure Gordon) of ££3.1m. Revenues estimate for 20222 was £4.1m but that's now been achieved. Be interesting to know the new numbers. |
95% revenue growth |
Perhaps someone selling out of CDG and buying into GUS?
Gusbournes latest results were quite positive so maybe people just buying based on that? |
Why is this going up on no news? Can't be stakebuilding surely as Ashcroft holds 70% so what point. No great volume but continues to go up? |
Crikey, that's quite a jump today. |
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