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8p today?? 10p by friday???
Someone picking up lots of 15,000 which is encouraging. Missed the bottom but at this price the sky is still the limit. Went to 90p previously!! Exciting times.
Keep it coming.
It was oversold due to the vacumn created by the Noel's departure, now the new CEO will take Craw to its rightful valuation..IMO Meat business is most profitable, cannot be done online, hence the expansion with new shops.
Chairman's Outlook from the April financial update is worth repeating, exciting times ahead and good sp appreciation imo: 'We continue to work through a period of transition as we re-balance the portfolio away from its historical dependence on high streets and towards the factory shop model which, as we have noted in previous updates, underpins the long-term profitability of the business. Our focus during this transitional period is two-fold; 1) continuing to roll-out our successful factory shop; and 2) increasing the profitability of the high street stores. We have a number of opportunities and initiatives currently in trial in our high street stores which we believe will improve the performance of this estate and we have a robust pipeline of factory shop opportunities from which we expect to deliver 5-10 new stores openings in the next 12 months. In addition, we expect a new leadership team to bring new ideas and energy which will help us to drive improved performance in both factory shop and high street store profitability in this challenging environment'.
They both have clear commercial acumen and careers which are steeped in the industry. I am confident that their combined expertise, experience and outlook will help drive the Group forward."
Rerating on its way, well have to top up before the instituitions start buying
Hopefully. Best of All
Next week imo.:)
Nice to see this start to creep up a bit.
on its way at last. heading to a more sensible level
Its better than the duo who put us in the uncertainity as they had decided to leave and now we can move forward..IMO Asda senior meat trader Jim Viggars has been awarded the retailer�s Peter Asquith Award for Outstanding Achievement�
The market likes the appointment "https://www.thegrocer.co.uk/people/movers/former-asda-meat-buyer-jim-viggars-is-new-crawshaw-ceo/566965.article" He was awarded too in his previous job "Asda senior meat trader Jim Viggars has been awarded the retailer�s Peter Asquith Award for Outstanding Achievement�"
The Morning Star reports 'he was previously the managing director for CV Natural Foods SA for two years from 2015 to 2017, and before that spent 31 years at UK supermarket ASDA, a unit of US grocery giant Walmart Inc, leaving as head of the Fresh Meat department in 2015. "His departure from ASDA was referenced in an article by The Grocer citing his dismissal for gross misconduct in connection with breaches of Walmart's expenses policies," Crawshaw noted in its statement'. http://www.morningstar.co.uk/uk/news/AN_1526026420540824800/crawshaw-shares-rise-as-it-appoints-new-leadership-duo.aspx
Thanks for that Thomas. Laziness on my part in research I guess.
Appointment but what was he doing after 2015? and now? Am i missing something....we can forgive breach of walmart's expense policies..i feel that he know's his meat business the reason for his appointment. Well the big shareholder's will ensure these appointments will revive Crawshaw, I am for a takeover from 2 sister's or Dewhirst...
James (Jim) Russell Viggars, aged 50, left ASDA in 2015. His departure from ASDA was referenced in an article by The Grocer citing his dismissal for gross misconduct in connection with breaches of Walmart's expenses policies.
Crawshaw Group PLC Issued Shares 113,025,049 5p shares Significant Shareholders at 1 September 2017 (unless otherwise stated) (Defined as holders over 5% plus Directors) Name Shares Percentage of Issued Share Capital Stephen Henderson 200,000 0.18% Jim McCarthy 190,000 0.16% M Naughton Rumbo (Director) 54,456 0.05% % of securities not in public hands 0.68% Other major shareholders: Name Shares Percentage of Issued Share Capital Boparan Private Office 33,594,490 29.7% Schroders Investment Management 13,316,303 11.8% Unicorn Asset Management 7,292,175 6.5% Hargreave Hale 7,080,185 6.3% Columbia Threadneedle Investments 6,159,843 5.5% Total Voting Rights As at 1/9/17 the total number of shares with voting rights is 113,025,049 as the company does not hold any shares in treasury. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change their interest in, the share capital of the company under the FSA�s disclosure and transparency rules.
There is a full list of Major Shareholders on the RNS as its just been released. If your interested.
Trent700 I believe the. 2 sisters /owners bought a stake in crawshaws for 15p and under the terms and conditions of that �5M stake , if they buy more shares within a certain period 12/24 months then they have to pay no less than 15p a share, so if the 2sisters wants to bid for the outstanding shares ,then they have to pay 15p a share or wait until that locked in period ends. That is if the 2sisters group wants crawshaws at all?, But I can see how attractive crawshaws could be to them, selling 100% of the 2sisters meat , they must be able to make that pay. �20M + worth of meat ? The concern for me is if crawshaws makes any substantial losses this year because of the bad weather and Poor high street outlook,then any large losses would destroy crawshaws financially, and who's going to give them another�5M the 2sisters group ! I think not.,,,,, If the 2sisters group could snap crawshaws up for around 10p then maybe.,,,but they are not allowed to below. That 15p price they paid for there last stake holding. Maybe somebody can turn crawshaws around ,,,,,,and keep the losses to a minimum. AIMHO,,,,,,GLA
The thing is, if they are thinking of putting a bid in, wouldn't it be sensible to do it now while the s.p. Is low? In their place that's what I would do, rather than wait until the price rises. Just a thought
I hope these buyers get it right! After Greg's plc issued a profits warning today , because of the beast from the east really bad prolonged weather , and weatherspoons said that no part of the high street is immune to the downturn, falling consumer confidence is to blame they said,,,,, So crawshaws might have suffered badly with both of these conditions on the high street. I'm sorry to point this out, but your better knowing the full picture,and knowing the risk involved , But hopefully a bid will materialise from the 2 sisters group.,,,,AIMHO,,,GLA
In anticipation of a jump in sp after new CEO/CFO being installed perhaps?
BRILLIANT VALUE!!! 50+ shops at 5M net worth......that's 100,000 a shop???Are you joking! Jump in before the others realise they are having a joke, the new management come in and the stock turns the stock n figures back from mincemeat to rump steak!!!
Merger in food sector brings hope for Craw's shareholders and independence will be short lived...imo