Member Info for chrisc32

Knigel, targeting a return to double figures. Really encouraging that the non-exec bought the very afternoon of the AGM!!!!!

Someone else can see the Value here, even if I'm the only one posting ;-)

Small improvements here, at a c.44% gross margin, result in large movements in profitability. For example, an 8-10% increase in the top line would see profits in the region of 1m GBP. at the bottom line. Puts the current 2.5m GBP market cap in context. "At the end of April this year I stated that I was encouraged by trading over the first 12 weeks of the current year. I'm delighted to report that since then our performance has strengthened further and that I'm particularly pleased with the progress being made for the current year thus far." Sounds like trading is improving very nicely indeed.

Monday 24th June 2013 CRAWSHAW GROUP PLC - AGM STATEMENT AND TRADING UPDATE At this afternoon's AGM of Crawshaw Group PLC, the meat focussed retailer, the Chairman, Richard Rose, will make the following statement with regard to current trading. "At the end of April this year I stated that I was encouraged by trading over the first 12 weeks of the current year. I'm delighted to report that since then our performance has strengthened further and that I'm particularly pleased with the progress being made for the current year thus far."

Nice to see a bit of buying here this morning .. AGM on its way and ex-dividend towards the month's end. Considerably undervalued IMO. Hoping for a trading update with the AGM.

http://www.meattradenewsdaily.co.uk/news/060513/uk___demand_for_fresh_beef_and_lamb_.aspx Figures should reflect positively for Crawshaws.

Excellent news that the board are confident enough to recommence dividend payments. Still smiling inside. Flying sub-radar by the looks of things judging by the lack of posts here today. Just you and I on this thread Knigel by the looks of things.

Very good indeed, outperformed my expectations. Great to have a dividend, and a rosy outlook to boot. Market a smudge over £2m?

... for the morning's results

http://www.fwi.co.uk/articles/26/04/2013/138804/fresh-meat-sales-benefit-from-horsemeat-scandal.htm Hopefully Crawshaws benefitting

Let's hope for a positive update. The SP could really zoom from these levels given the very low Market cap ... with the right news that is. Looking forward to swapping notes

Crawshaws mentioned today in the Yorkshire post. http://www.yorkshirepost.co.uk/business/commentary/blackfriar-how-to-hog-sales-as-shocked-shoppers-shun-cheap-meat-1-5552298

Got em ... nice little drop enabled me to top up at a price I wasn't expecting (sub 4p).

Will be adding here myself ... Capped at £2.5m - sales hopefully improving. Would like to see evidence of the restructuring mentioned at half year - a reduced cost base will help accelerate profitable growth of the business. High hopes here. Ps. Horsemeat made the news again yesterday

http://thelincolnite.co.uk/2013/03/lincolnites-fed-up-with-being-horsed-around/

CRAW's profit before tax topped £500K per annum in 2011, and EBITDA exceeded £1m. I'm hoping we can return to those sorts of figures and also start to see growth in the business, funded organically. If we do, the £2.65m market cap will look extremely cheap IMO. Key thing for me is that CRAW are on the cusp of a net cash rather than a net debt position, and this puts the business in a much stronger position all round.

Good to see the upward momentum continue.

http://www.moneyweek.com/investment-advice/share-tips/how-you-can-profit-from-the-horsemeat-scandal-62718

another big trade through

http://www.mirror.co.uk/news/uk-news/horse-meat-scandal-meet-yorkshire-1716057 http://m.yorkpress.co.uk/news/10234248.Butchers_busy_over_horse_meat_scare/ http://www.hertfordshiremercury.co.uk/Business/Business-News/Hertfordshire-butchers-count-winnings-over-horse-meat-scandal-20130218145346.htm "People want local meat they can trust and butchers who provide this are seeing sales soar by 25%."