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Well, Im 39.12% up so lets hope the admission to AIM makes Chapel Down shares more accessible.
Yes, a cheeky case of Flint dry, and Baccus went into my wine store as well, just to celebrate.
Plus circa 10 million new shares... now who would have predicted that one.
I didnt want to suggest it, ut listening to their presentation a month ago, I had the feeling that the company may use the switch to Aim to fund growth, via a placing.
Yes, that question was sidestepped.Did you also pick up on a move to the AIM market ?
I meant £117k of stock
For a low trading stock, 20k of shares would have sat there a while until it had been fulfilled. I would need to look at it via L2, but dont have that anymore. Still, good time to top up. Im guessing someone was taking a profit.
No one is suggesting the brand be brought down to the bargain basement shelves, just a wider availability. I did purchase a few bottles of their premium Grand Reserve, which is an exceptional wine. They are ramping up the vinyard acreage, and numbers of third party vineyards, to increase the availability of their entry kevel wines, which will boost the numbers of bottles sold.
Thanks for the HL recommendation Spoony. Ive set up my account and have a fill order in place... cheers.
Absolutely, they are expanding the number of vineyards they will be using. Some good sponsorship events in the last year, and an upward trend in English wines, in top quality restaurants will only push sales upwards. Would be good to see their wine in further big name outlets, instead of just Waitrose.
I had a visit to Chapeldown two weeks ago, and I can say I was impressed with the setup, product and their vision for the company. I currently have only bought shares via my Lloyds sharedealing account... problem is it doesnt support buying on Aquis market.
Any recommendations for a broker ? Chapel Down looks a good long term bet. Shame I didnt visit at the end of June, when it was sub 30p.
Dechra expanded into an additional office building, in Northwich last year. Nice bold move, signalling their intentions to expand. This is a nice stock to have in your portfolio.
Its a growing start up company, they are not comparable. But I get what your doing..
The figures in 2017 do not reflect the current financials for 2018. Why reference them ?
Last trading update was in July, with an interim update in October ???
Nice level for a punt at 9p. Bought in at 9.5 yesterday but tempted to add more.
The drop seems to be because of a large sum Dechra have put by as a contingency for a less than favourable brexit result, plus closing a business in Iran.
https://www.telegraph.co.uk/business/2018/09/03/dechras-shares-slump-warns-costs-brexit-contingency-plans/
The price will bounce back, as investors buy back in after the fear subsides.
Im invested here, but my Rum of choice is Ableforths Rumbullion. Its £32-£36 a bottle, which isnt in the same price point as Redleg, but is so moreish..
Great buying opportunity to be honest. Someones buying and selling in 25000 blocks. Most of this "drop" is in the spread, so Im not worried at all here.
If you want to know for sure if a brands doing well, ask the shelf stackers themselves. They will tell you what the stock levels are and if its flying off the shelves. All you need is a little banter with the trolley girls...