Cropper (james) Share Discussion Threads

[yogi] 03/9/2015 10:45

I have been watching for over 12 months but mainly due to my knowledge of The F35 programme. The last annual report mentioned this very subtly but also used very definite language about the fact that growth was now coming hence I took plunge.

[garth] 02/9/2015 06:59

Got a few that sit there long term, but not enough 😉

[yogi] 02/9/2015 00:09

Garth, noticed you been around a while, are u still holding?

[garth] 28/8/2015 08:12

Yogi,

You are quite correct to flag that - I had picked up the piece but hadn't read the underlying RNS. Sold for tax settlement.

G.

[yogi] 27/8/2015 23:33

Worth reading specifics of sales as mentioned by Garth......

RNS Number : 6101W

Cropper(James) PLC

21 August 2015

21 August 2015

JAMES CROPPER PLC ('THE COMPANY')

Directors' Shareholdings

Long-Term Incentive Plan Award

The Company announces that on 20 August 2015, under the terms of The James Cropper PLC 2008 Long Term Incentive Plan (the "Plan"), an aggregate of 29,000 ordinary shares of 25 pence each ("Ordinary Shares") in the Company were awarded to the following Directors of the Company:


Director No. of Ordinary
Shares Awarded
----------------- ----------------
Patrick Willink 16,000
----------------- ----------------
Martin Thompson 13,000
----------------- ----------------

The share awards were the maximum award available under the Plan. The performance targets satisfied were based on the increase in the Company's adjusted earnings per share between the financial period ended 31 March 2012 and the financial period ended 28 March 2015. The performance target was satisfied as the Company's adjusted earnings per share figure increased at more than RPI plus 2.5% over the three year period.

In order to satisfy the award of the shares the Company has issued and allotted 16,000 new ordinary shares of 25p each in the Company to Patrick Willink, and James Cropper EBT Ltd has transferred 13,000 ordinary shares of 25p each to Martin Thompson.

Application will be made to the London Stock Exchange for 16,000 new ordinary shares to be admitted to trading on AIM ("Admission"), and it is expected that Admission will become effective and trading will commence at 8.00am on 1 September 2015.

Following Admission of the Shares, the Company's enlarged issued share capital will comprise 9,184,205 ordinary shares, with voting rights.

In order to settle the income tax and national insurance liabilities on the award, Patrick Willink and Martin Thompson have each sold 50% of the ordinary shares awarded to them to James Cropper EBT Ltd, the trustees of the James Cropper Employee Trust, at a price of GBP5.425 per ordinary share. Patrick Willink has sold 8,000 shares, and Martin Thompson has sold 6,500 shares.

As a result of the shares awarded and sold under the LTIP Scheme, the beneficial interest and outstanding LTIP share options of Patrick Willink and Martin Thompson in the Company are:


Beneficial % of Issued Total outstanding
Shareholding Share Capital LTIP Share
Options
----------- -------------- --------------- ------------------
Patrick
Willink 52,210 0.57 % 24,913
----------- -------------- --------------- ------------------
Martin
Thompson 39,932 0.43 % 26,117
----------- -------------- --------------- ------------------

The ordinary shares purchased by James Cropper EBT Ltd will be used to satisfy future releases under the James Cropper PLC 2008 Long Term Incentive Plan. As a result of the above transactions James Cropper EBT Ltd is now interested in 102,755 Ordinary Shares representing 1.12% of the issued share capital of the Company.

As a result of the movement in the holding of shares in James Cropper EBT Ltd the non-beneficial interest of the following non-executive directors of the Company are:


Non-beneficial % of Issued Share
Shareholding Capital
--------------- --------------- ------------------
Doug Mitchell 102,755 1.12 %
--------------- --------------- ------------------
Jim Sharp 102,755 1.12 %
--------------- --------------- ------------------
David Wilks 102,755 1.12 %
--------------- --------------- --------------

[garth] 26/8/2015 14:55

James Cropper PLC (LON:CRPR) insider Willink,Patrick sold 8,000 shares of the stock in a transaction on Friday, August 21st. The shares were sold at an average price of GBX 543 ($8.50), for a total value of £43,440 ($67,970.58).

[yogi] 21/8/2015 02:26

The attached article is specific to BAE Systems and their involvement on the F35 programme. However, the key points can be read across for any company on the programme including CRPR. Enjoy....http://mobile.newsnow.co.uk/A/787740109?-19052:5310

[yogi] 11/8/2015 11:51

Creeping a bit faster now on very low volume.

[yogi] 10/8/2015 09:55

Creeping up.........

[yogi] 07/8/2015 16:53

These are well through the 5.00 mark and increasing steadily. I recently purchased due to their exposure to the defence and aerospace market, in particular the F35 programme. The recent annual report mentions this albeit is not over stated. However, the f35 programme is due to increase annual build rate significantly going from 41 in LRIP 8 to 178 by LRIP 12. Recent announcements about the doubling of manufacturing capacity is timely to support this ramp rate.The TPF part of Cropper provides coatings to each jet as I understand it and so we should see a long term steady cash and profit flow associated for the foreseeable future.Assuming the paper industry is stable and the wider involvement in the Commercial aerospace sector removes strong then I believe these are worthy of tucking away.DYOR.

[sharesoc] 02/6/2015 11:46

We are holding one of our popular Investor Masterclasses in Manchester so local investors and shareholders in CRPR may be interested in attending as CRPR is based nearby our venue...

[hybrasil] 03/2/2015 15:04

At a 20 year high

[hybrasil] 07/1/2015 20:38

I suspect that £5 will happen very soon

[davebowler] 11/11/2014 10:31

James Cropper*
Buy


Westhouse;

CRPR.L / 415.0p / £37.24m / TP: 500p




Event: Results issued

Likely % change in earnings forecasts: No Change


Interim results - on track for the full-year

The more than doubling in H1 adj. PBT to £1.2m in our view demonstrates the initial benefits of measures taken by the new executive management team. These include new product introductions and operational efficiencies. With more capital investment planned in H2, the group is on track to deliver the further substantial profit increases we forecast. As our investment case is built on the potential for management to achieve a significant increase in profitability, we are happy to retain our 500p target price and Buy rating.

A more detailed research report will be issued in due course

[sspurt] 08/9/2014 16:26

great announcement today - TFP is where it is at

[hybrasil] 08/9/2014 14:32

it would be very difficult to get a sizeable shareholding without putting the price here throught the roof.

[30003000] 03/9/2014 10:21

Why the big spread?

[30003000] 02/9/2014 19:29

Well,well,well - just keeps going up - and no comment from anyone. Looks to me that a takeover is the air - come on !!!!!!!!!!!!!!!!!!!!!!

[davebowler] 31/7/2014 10:05

Westhouse;
Buy













CRPR.L / 365.0p / £32.76m / TP: 500p













Event: AGM













Likely % change in earnings forecasts: No Change














AGM and confident trading update

The restructuring of the executive management team is now complete and the group is focusing on increasing sales and delivering further operational efficiencies. News of encouraging developments at Technical Fibre Products (TFP) is positive given the scope for securing long-term business at good margins in areas such as aerospace. James Cropper Paper Products' (JCPP) new Chinese subsidiary has made a breakthrough in the Chinese domestic market having secured the supply of packaging material for the Smartisan T1 hi-tech mobile phone.

Another one of the early initiatives of the new Technology & Innovation Directorate is the development of DuraPulp in partnership with Södra, the Swedish forestry giant. JCPP will target premium markets with this blend of carefully selected wood fibres and non-fossil based biopolymer that can be heat pressed to take on any rigid form.

As management continues to deliver initiatives to improve profits as well as making efforts to mitigate the risks of currency fluctuations and pulp price rises we are happy to maintain our forecasts, 500p target price and Buy recommendation.

[hybrasil] 30/6/2014 09:05

And again today but had to pay £4.35

[hybrasil] 27/6/2014 16:35

Bought some more today

[davebowler] 25/6/2014 11:27

Westhouse;

Substantial profit improvement forecast

In a year of investment, Cropper has achieved FY2014 results that are in-line to slightly ahead of our forecasts. As we have flagged previously, the benefits of both the capex programme and the overhaul of the senior management team are likely to come through over the next two to three years. Although we are reducing our FY2015 adj. PBT forecast to £3.8m (from £4.4m) to reflect currency movements, we maintain our FY2016 forecast of £4.9m and increase our target price to 500p (from 450p) and upgrade to Buy from Add.

 

[hybrasil] 24/6/2014 11:03

At long last tfp beginning to take off. I still believe these are due a major rerating. It is now 11 years since I visited the cumbria site. They told me tfp would take off but that it would take a long time. They were right!

[capercaillie] 12/11/2013 20:29

Can only see these falling further.

[rosejs2] 20/10/2013 21:32

Agree with Hybrasil... this company has many unique and worldclass features to it ... many not yet fully recognised by the market.. A major re-rating of this share is underway .. the future is very bright !

One example below !

Chocolate wrapped in chocolate? UK paper, James Cropper manufacturer tastes recycling success by turning the husks of cocoa beans into paper.

An innovation that could save the skins of many of the 3.5 million tonnes of cocoa beans produced each year, by turning them into paper, has been pioneered by British paper manufacturer James Cropper, paving the way for millions of chocolate bars to be wrapped and sold in the stuff of their creation.

Approximately ten tonnes of cocoa husk waste accounts for every single tonne of dry cocoa bean produced, or 76% of the fruit itself, making the production of a versatile paper from the remnants of the chocolate production process a potentially significant breakthrough for the food and packaging industries. A bio-recycling solution that, unlike other cocoa recycling processes, doesn't necessitate burning or gradual degrading of the fibres of the cocoa husk, the finished light brown paper utilises the cocoa as a natural colourant, avoiding the need for artificial dyes.

First asked by the world's leading manufacturer of high-quality cocoa and chocolate products, Barry Callebaut, to consider how their environmental responsibility and waste recovery processes could be enhanced by reviewing their packaging, experts at the 168 year old, family-run mill began a series of trials that soon lead them to their breakthrough. Effectively a physical token of the manufacturer's efforts to support sustainable cocoa farming, the paper is now in production and certified for use in the food supply chain.