Member Info for MrBB

I have no interest here,but always good to see a short seller get their cumuppance--occasionally.

Well,the first 6 months of the year ended today,so it will be interesting to see if a trading statement is issued in the next week or two ahead of Interims which are usually published early December. The only reason for a statement before Interims would be if our profits are unexpectedly below expectations,which seems unlikely,or they are expected to exceed expectations,which is more likely. The problem with Coral is that it has been unpredictable & in order to ensure a decent re rating,we need several periods of positive & growing performance together with increasing dividends. CRU is now a classic case of shareholders ambitions being closely alligned to Directors & senior management with to the number of share which they all hold

So for the first time since my initial investment here,the elements maybe conspiring in our favour,ie increasing sales,increasing margins & therefore increasing profits...which should result in increasing dividends & an increasing share price= happiness

Our board tend to be conservative and not prone to hype.Todays updatewas very positive,we appear to be firing on full cylinders ans moving forward with new product development.Retiring expensive debt ,where possible,makes total sense and there remains the possibility that one of the global majors will decide to take on the FDA with Flutiform.A licence fee,milestone payments & royalties would enable recovery of some of our substantial costs in seeking approval in the US and would certainly boost our SP,as no one is expecting it. I see no reason to sell and will buy more should our SP dip below 300p

Hopefully the SP will soon start to respond to the recent increased buying too ahead of the announcement which the privileged few may be aware of.

Very solid update and we continue to make progress despite adverse currency movements,which may reverse in the second half with view to the strength of the dollar.

mone-I think you will find that your stake is now only 1% of its original size-ie if you had 1000 old shares you will have 10 new shares-sadly not the windfall you were hoping for ,although we are well on the road to recovery.

Largest individual sale for some time but I presume that someone has bought them,rather than being held by reluctant market Makers

Sheeeeeiite

Mono51-sadly I own shares that have fallen much more than 1% over recent times so I am not yet fretting about our SP. So far,we have held up remarkably well against a weakening Market.

Welcome tp3-only Sid & I until you came along! You neatly summarise the position but also important to stress that the Directors & senior managements interests are very much aligned with we PI s in that they all have significant shareholdings & will therefore benefit substantially from increasing dividends(which I expect may happen this year) & from an improving SP(which should also happen this year).I am sure that the Board will want to make future acquisitions with our SP at higher levels as there isclearly further scope for bolt on acquisitions,which will be particularly cos effective if production can all be contained in Warrington.

The other point to be aware of is that about 60% of the issued shares is held by senior management or large investors & it is fair to assume that of the rest,a fair proportion may be held by family & friends ,leaving a pretty small free float,inferring that the gearing effect of a small increase in demand for our stock could result in a rapid re rating. Any one trying to build a reasonable stake here would struggle to lack of liquidity

More good news ,demonstrating that we are trying to become a growth company which happens to pay a decent dividend,which will also hopefully grow in the near term. This year should be a good year on the trading front as all divisions should do well & media maybe better than expected(with view to recovery @ HMV) &,at some point,our SP should respond accordingly.

They just neatly illustrate that many analysts are overpaid researchers,who often misinterpret their own research,although I appreciate that some may have a vested interest. Their clients will have lost large amounts of money by either- -selling short -selling existing holdings -not buying Their loss !

Rapidly gaining market share on Amazon with sales up almost 14%. Perhaps the decline in our traditional business has been arrested?

In respect of my original 360 (36,000) shares,this is likely to remain a dog &,if not,I will have done very well here as I started buying in reasonable amounts earlier last summer @ under 50p per share & those investments have 7 bagged in 14/15 months-a far cry from dog territory! GLA !!

There remains scope for our trading to be "ahead of expectations" as the year progresses. I hadnt appreciated that the tote contract was currently at a trial stage,but if all goes to plan the revenue & profits from this contract should be substantial. I am sure ,following years of under performance,our board dont want to seem too bullish,only to have disappoint again in future & will report positive results once they have happened,rather than raise expectations. My investment here has been a slower burner than I expected but I do now see potential for our SP to outperform & for the dividend to be increased,hopefully substantially,& particularly with view to the fact that Directors & senior management own substantial numbers of shares & therefore stand to do very well out of increased dividends. Unfortunately there is little to no volume in our shares & it is difficult to buy a decent number of shares without doing so in small amounts over a period of time,which is what I have done.

I doubt whether anyone one posting here will be there,but if so,it will be interesting to hear your views. Perhaps a trading update will be published,confirming the positive progress for the first 4 months of the year &,hopefully,that our new substantial contract is going to plan.

Someone was clearly desperate for £100k to sell 740k shares today @ 13.50p. It will be interesting to see if they were bought by a Director.

Very impressive & we are now in a position to build substantially. Great news too about $8mill milestone .