stuartferster
15 Jun 2018
Tote Announcement Yesterday’s announcement regarding totes is very significant in turning round the Haydock plant. Why all the cloak and dagger regarding who the totes are for? I believe this significant contract is for Ocado, in which case the shares should rebound from their current low. As we all know Ocado is booming due to new agreements being signed in France, Canada and the U.S. This time next year the shares should hopefully be a lot higher. Here is hoping.
sapito
04 Jun 2018
Re: No news "CRU have chosen not to provide a year end trading update". I'm not aware of any announcement to this effect - so I'm still expecting prelims for y/e 30.4.18 this week or next week.
Shmully
29 May 2018
Re: No news That’s a disgrace!Try [email protected]
dave297
25 May 2018
Re: No news This morning I emailed JG ,to an address which I have previously used,which bounced back & I called the company & a pleasant lady said she would email me with his correct email address ...........& I am still waiting.Not impressive !
Shmully
25 May 2018
Re: No news Communication is dire, you would think by now they would have got the message!
dave297
25 May 2018
No news As ever,CRU disappoint on the communication with shareholder/stakeholder front.After the abject profits warning in January & the subsequent encouragement ( IMO) of several PDMRs buying shares + Miton , it is , yet again, extremely disappointing that CRU have chosen not to provide a year end trading update.With view to the dire profits warning over 4 years ago I do not consider it unreasonable to expect an update & it looks likely that we will now have to await Finals.Losses at Moulding may well have stabilised ( or maybe not ) & it is hard to imagine much (if any )profit from what,IMO, was an ill fated venture into Automotive ( with all the set up & stock costs) which must operate on very low margins & is a sector currently in decline.Our best hope is that our new CEO has got to grips with the problems & that progress may be made from this year onwards.I still consider our best hope for a return is for JGs final act before retirement is to sell out -although I doubt whether he would be able to achieve 20p+ but would at least provide an exit ( & in my case with a modest profit)
dave297
20 Apr 2018
Miton Miton have acquired a further 2.5mill @11p.Allegedly insider dealing is illegal but I would be staggered if Miton werent invited to a factory tour with tea, cakes & a word in their ear about how busy they are currently.With view to Directors & senior management buying & Miton I reckon that , on the ground, they are seeing strong signs of recovery & the year to 30/4/18 may not be quite as bad as expected.Perhaps CRU will get a new lease of life after !
dave297
07 Apr 2018
Enthusiasm Difficult to be enthusiastic about an investment which has regularly disappointed over the years ,despite occasional bursts of optimism from Jg.However,since the latest abject profits warning PDRs ,including our CEO have been picking up a few shares here & there ,which,at the very least, shows some enthusiasm for our survival & prospects.The current year is drawing to a clise & maybe it wont be quite as bad as expected.Hopefully JG has a masterplan to sell out for,say 20p,which I would gratefully accept
Madoff Jnr
02 Feb 2018
share dealing I have confidence in this company and share dealing by directors is nearly always a good sign.Rome wasn't built in a day and although a division has set them back a bit,was impressed with management's response and strategy to sort out situation.Madoff jnrPS In my experience too much director dealing £100,000's etc is bad news for shareholders as it sometimes leads to company going private.
dave297
02 Feb 2018
Directors/PDMR buying 300k shares costing about £30k is better than nothing & at least suggests that CRU are not going into Admin any time soon as the FD should understand the numbers if JG doesnt .
dave297
13 Jan 2018
Re: Profit Warning JG should go or try to sell the company & cash in his chips.The AGM trading statement was extremely positive & very encouraging with strong rhetoric about strong sales,stable margins & positive progress.If he really believed what he said on 12/10 he needs medical treatment as 2/3 weeks before the period end he must have been aware of the problems.Automotive was clearly a very poor decision-low margin & competitive industry with large capital requirements.I will be looking to exit the shares I have left although I smelt a rat since the Interims have been so delayed.
Shmully
12 Jan 2018
Profit Warning What an absolute shambles! This is what happens when you get involved with manufacturing parts for the automotive industry. Let’s hope the new CEO can sort this business out once and for all.
dave297
03 Jan 2018
Re: AGM Statement Later than ever before & with out patchy track record ,our ability to disappoint & our recently weak SP (despite expectations of a substantially improved first half)- the delay is a concern.They could be lining up another bolt on acquisition requiring funding & all will be announced at the same time.Presumably they will be published v soon .
BADDOGREX3
02 Jan 2018
Re: AGM Statement Where are the results? I keep on holding in the hope that the acquisitions will help with the bottom line and that the previous run of disasters is previous and now behind us.The share price is disappointing ..We need the New Guy to shake this mess up and get some profit coming in..I feel my faith waning..Why has J G not kept a closer eye on his investment.There should not be so many surprises and disappointments in a well managed company.Good management starts with the person at the top ??
Shmully
12 Oct 2017
AGM Statement It was quite a bullish statement. I have been looking into the new COO Mick Wood and he has an impressive CV. He came from Linpac and has enormous experience. If Mick can sort Coral out then the share price will take off and we will all finally benefit. Let's see what the interims say which should be announced in December.
