Coral Products Share Price (CRU)

Hope so Pianista but situations can change rapidly as we have seen so don't bank on it

They still intend to pay a dividend for this year, they said.

I suspect that the divi will be suspended for a couple of years so there is no incentive to buy at present. I bought at c5p a while back and will probably hold on . The fundamentals are pretty sound and it could be a takeover target??

They said they were "expecting pipeline orders to begin to recover, starting from February 2024", and the CEO obviously believed that, with his purchase at nearly 14p.

They'd know by now whether sales have indeed recovered, but haven't informed the market presumably because they are too busy running the business!

Meanwhile, with its pitifully low share turnover, it only takes a few nervous investors to knock the SP for six. But at sub 10p, it surely can't go much lower, so I would say it's a great opportunity for anyone not already heavily into this share.

The share price is getting ridiculously low though, if it carries on the mcap will be equal to the property values and cash in the bank