Cropper (james) Share Discussion Threads

[value viper] 17/1/2024 20:43

Lol Pug - my uncles all live / lived in Burneside and worked for Croppers.I am very familiar with the factory etc having spent many happy holidays in The Lakes.Shame to see what's happening - I sentimentally at least hope they can recover.Have always assumed the factory / tangible assets at least must be worth a few quid at least - certainly my uncles have enjoyed very tasty final salary pensions !?

[pugugly] 17/1/2024 15:28

VV:- Or another way of looking at it is yet anther company seduced by the mirage of the Hydrogen money tree and come a cropper!!

[value viper] 17/1/2024 10:11

That is a shocker indeed

[sspurt] 17/1/2024 09:24

Ok - now we know why James Gravestock left.
Paper side no doubt hit by problems in luxury goods sector - this division will never make any money, ever.
Have taken this off my watch list as the issues in the Hydrogen market look like they are a minimum 2 year fix and for the first time put question marks around the AM business. Pity.

[pugugly] 17/1/2024 08:19

Nasty TU- As usual with these sort of hits management still see sunny uplands ahead. However in many cases these turn out to be wishful thinking - the mirage quickly fades.

Not saying this will happen here but not jumping in yet but to watch list.

[zingaro] 20/12/2023 16:29

Well, at least the Vesting of the Options is subject to performance targets that seem OK.

[hybrasil] 28/11/2023 20:42

Why the fall today

[p1nkfish] 09/11/2023 08:48

Very promising results in the face of less than ideal background, good to see. Here's to an interesting 3-5 years.

[darrin1471] 31/8/2023 15:34

Paper pulp prices have fallen significantly this year. It could help margins.

[gopher] 31/8/2023 15:29

They must get the paper division contributing to EBITDA at the very least quickly as increasing debt from current levels is not sustainable for much longer. It's a not a bad strategy to have a division that not growing but throwing off cash financing growth elsewhere but the risk is paper drags the company down

[p1nkfish] 31/8/2023 13:51

Increasing capacity in the NY site to support 600MW of electrolyser output, customer demand in NA.

[darrin1471] 31/8/2023 13:11

Further reading:

[davebowler] 31/8/2023 10:20

Shore Capital-
Technological breakthrough at TFP Hydrogen James Cropper (Cropper), a global market leader in advanced materials, luxury packaging and paper products has announced that its wholly-owned subsidiary, TFP Hydrogen Products has unveiled its latest technological breakthrough - the TFP Hydrogen Modular Production Unit (MPU). This innovative solution represents a significant stride towards enabling rapid scalability for PEM (proton exchange membrane) electrolyser manufacturing. There is currently much more demand for hydrogen than there is capacity to produce it, in our view. The MPU has been designed to operate close to customers and component suppliers, streamlining the supply chain for PEM electrolyser manufacturers. By shortening the supply chain and optimising logistics, the MPU significantly augments response rates while ensuring uninterrupted operations. Furthermore, the MPU can be swiftly commissioned and fully operational within six to twelve months. The coating technology developed by TFP Hydrogen plays a central role in enhancing the durability of the components, shielding against corrosion and minimising contact resistance; ultimately improving the overall operational efficiency and extending the lifetime of the electrolyser, thereby driving down long-term costs associated with green hydrogen production. We note Steve Adams, Cropper’s CEO’s comment: "This is an important step forward in our innovation roadmap to support the hydrogen economy and TFP Hydrogen's introduction of the MPU underscores the Company's position as an industry trailblazer and demonstrates our critical role in driving the clean energy transition." We highlighted Cropper in our thematic hydrogen note last week “Dawn of commercialisation are the stars aligned for hydrogen?” Cropper’s FY23A results on Thursday 24 August delivered an adjusted profit beat for FY23A and highlighted the significant progress the company has made with its accelerated profits growth strategy since Steve Adams became CEO in August last year. The results presentation included a forecast of a 60% CAGR for hydrogen electrolysers over the coming years and today’s announcement indicates that TFP Hydrogen should be well-placed to benefit from this growth.

[gopher] 30/8/2023 15:56

Investor Meet presentation ~ Its clear the paper division has proved a drag on performance over the years, it's still a major part of group revenues but just not profitable hence restructuring going ahead; however luxury packaging is a good market. There are some interesting growth divisions here including hydrogen. This is a company that invests quite heavily in its business but I think investors need to see improved financial results come through.

[darrin1471] 16/5/2023 16:30

One share £8 moved the market cap £800
Every £1 spent on shares moved the market cap £100
Approximately

Similar price movement last month

[p1nkfish] 16/5/2023 16:00

Now that's what you call gearing. Every share purchase (if all buys) had a £100 influence. Shame it works both ways though.

[darrin1471] 16/5/2023 15:37

"very illiquid"
Less than £70k of trades moves the market cap up £7m

[dansaunders25] 16/5/2023 11:57

I notice on the company website they have been awarded a gold sustainability rating this morning, wouldn't have thought that alone would cause such a bounce? https://www.jamescropper.com/news/james-cropper-is-awarded-gold-in-sustainability

[pugugly] 16/5/2023 10:22

garth:- Interesting - Thanks - But also seems to be a very illiquid market so could there be a tip out there somewhere?

[garth] 16/5/2023 10:18

Hydrogen tech lurking in the background added to the already established advanced materials expertise? Causing interest?

[pugugly] 16/5/2023 10:16

So why the bounce this morning?

[pireric] 19/4/2023 19:56

"The strategy will realise greater synergies across the Group, supported by a multi-million pound investment in the next three years that will simplify processes and systems and combine Group functions"

Sounds more like potential one-off opex through the investment period, rather than capex.

Eric