Procook Share Discussion Threads

[toffeeman] 26/11/2024 16:45

nice sized trade today

[m5] 26/11/2024 14:31

Hello, long time no speak. I think PXEN does ok.

What about my son? I have two.

[dudishes] 15/11/2024 04:11

m5,
Shame about PXEN, AGL,BIRD, and of course good old MDX.

Some cannot ditch rotten eggs, lexus comes to mind.

How's your Son?

[dudishes] 15/11/2024 03:59

m5, you turn up at the right time, need a ramp!

I'm a long term holder @ 40p, had virtually written it off, but now with your ramping,

49p fine!

[imjustdandy] 11/11/2024 13:15

Breaking new highs by the hour. No smoke without fire.

[m5] 11/11/2024 12:50

Love the chart, added Friday and today. First target 49p.

[imjustdandy] 11/11/2024 11:22

Cant buy a bean - "material re-rating" now in full swing

[imjustdandy] 11/11/2024 11:21

For the year to March 2025, Canaccord Genuity forecasts an uptick in adjusted pre-tax profit from £1 million to £2.5 million, ahead of £3.8 million in 2026, with EPS (earnings per share) building from 1.6p this year to 2.4p next year.

Those estimates place ProCook on an undemanding prospective PE (price to earnings) ratio of 12.1 times, which drops to single digits on the broker’s 3.3p EPS estimate for full year 2027, during which ProCook may well pay a maiden dividend.

Canaccord Genuity argues the current valuation ‘does not reflect the growth opportunities from further store expansion and like-for-like initiatives’.

Peel Hunt believes that with ProCook in ‘such good shape ahead of peak’ the numbers can ‘start to move north towards the £100 million sales, 10% operating margin goal in time. Any hint of that happening should see a material re-rating here: the shares are too cheap in our view.’

[hornets89] 01/11/2024 11:17

Tipped up in Shares Magazine it seems, article behind their paywall

[imjustdandy] 24/10/2024 20:09

41 looks within reach by next week.

[toffeeman] 24/10/2024 13:55

well I need 41 to break even - timing matters! I would be laughing had I originally bought at 18p.

Presumably Frackleman decided to bid - just matters at what level!

[imjustdandy] 24/10/2024 12:53

Something is definitely cooking for sure

[martinmc123] 16/10/2024 09:46

3*
ProCook Group, the UK's leading direct-to-consumer specialist kitchenware brand, updated on Q2 trading results for the 16 weeks ended 13 October 2024 this morning and business is turning up for the better. Total revenue of £17.0m in the second quarter increased by +8.8% year on year, reflecting continued trading momentum and market outperformance. Total like for like revenue grew by 4.7% with positive growth in both Retail and Ecommerce channels. First half revenue of £28.3m was +7.5% year on year, and +4.2% on a like for like basis with gross profit and operating costs in line with management expectations given the second half weighting...

...from WealthOracle

wealthoracle.co.uk/detailed-result-full/PROC/878

[fozzyb] 26/6/2024 16:56

Haha maybe. Annual results today. No mention of spot market freight up 500% and margin impact. Profit warning coming...

[ny boy] 21/6/2024 03:57

Surely you mean the next year

[fozzyb] 20/6/2024 18:31

Plunging new depths. I can't see this surviving the next 10 years.

[kemche] 15/1/2024 20:32

Yet more buys from the CEO. Righty-ho.

[kemche] 13/12/2023 11:54

Steady as she goes in the current environment.

[aishah] 21/11/2023 12:09

Rise continues. Well past 50d SMA and 6% off 200d. Perhaps trading is improving:

"The Group typically generates around 60% of full year sales in the second half of the financial year. We are well prepared for this peak trading period, with strong product availability and offers planned."

[toffeeman] 20/11/2023 14:13

That's why I bought in - trouble is I paid 40p1

Same with HOTC paid 345!

[aishah] 20/11/2023 14:08

SP is up 34% since Oct 20th. Could Fackelmann be considering a buyout of this owner operated business? HOTC got taken out with founders extracting big value from Mars

[shortcpx] 21/10/2023 21:04

In America they'd say aspirational