Re: Global One Pack SV... placing @ 20...... 24 Feb 16
GOP An expensive acquisition which will hopefully add a lot of value to the group.
Re: Global One Pack Expensive but we are paying for quality.[link]
Global One Pack Yet another acquisition & oversubscribed placing at 20p.Within 35 miles of Haydock which should be good for synergies & management control.The 2 vendors appear to be staying on,for a while at least, as they have a 12 month earn out although difficult to know how much they drive the business & therefore how it will perform without them.Hopefully they have bought into Joes vision of future growth for the Group & intend staying for a few years.Seems like another niche business with blue chip customers although we are paying more than we have for previous acquisitions & I presume that Joe sees the potential for growth from this sector.I have no plans on selling & will buy more should our SP slip back to the mid teens ahead of results,which I expect to be excellent
Broker Forecast The house broker is forecasting between £1.1m -- £1.65m for the final figures at the end of April.At this rate the finals should exceed the broker forecast which will hopefully send the shares flying.
Growth Stock ? At what point will CRU be considered to be a consolidating growth stock.Our latest acquisition ,Rotalac,appears to be another shrewd acquisition involving a very low capital outlay in return for assets ,stock & accounts which should be easily integrated within our existing facilities & ,hopefully, quickly profitable.Neimann has clearly been smoothly integrated within a few months & our management will,hopefully , repeat the process here.Our recent re rating appears to be justified , although the increased volume does make me question whether any "insiders" have been buying in recent weeks
Re: The gyrations in the short term price Great points Baddogrex & I will certainly celebrate our SP exceeding 200p,in due course, assuming,of course, that I am still alive.If not I suspect my kids will be celebrating instead !
The gyrations in the short term price I have grown very cynical in my 45 years of Investment experience. I have this morning looked at my holdings after the shake outs due to weakness in the Chinese currency. The world is worried that Chinese growth has fallen from 14% a year to around 6 or 7 % .The world hasn't a clue what that means.7% Annual growth means a doubling in just 10 years .World wide there are 80 million extra consumers born each and every year. Yes 80 million more people on this planet next year than there were this year! That is a growth rate of just 1.3% !!!!Dont panic over China growth faltering ......We are a little smug here in GB because our Economy grew at 1.5 % last year.We are talking basic statistics .......Basic Statistics indicates to me that by examining the 5 year chart that our share price is bound to reconnect with the 200 day average .Today that is 14pence!!!!!! That is a little unnerving for those who have just bought in at above 20p Put up the 5 year chart and count how many times the price has contacted and indeed fallen through the 200. Ask your self without emotion how you decide on when to buy in ? On a Tip or on cold calculation? You could be asking for a spanking in my opinion.The Chinese sell off is potty but so is most of the world. It could result in CRUs price revisiting the 200 in short order. Hold for the long term? Put it in the bottom draw again with all the others? it will recover with time? Look at the 5 year to see how many times we have climbed above the 200 That gives an idea of the number of selling opportunities where one can exit with a profit after our purchase below the 200.Basic logical investment sense.
Bought at 22p I bought this one at 22p after having the share highlighted via the tip.Having looked at the earnings potential with a forward P/E 10 the company appeared at face value to be good value. I then looked at the price action chart via technical analysis on iii which indicates long term bullish signals. This coupled with the restructuring indicates that the market is slowly buying into this.Disappointed to not see his make new highs following tip having bought in as the price fell back after the initial reaction.Good luck to all holders - IMHO this is a share to tuck away in a (20 share diversified portfolio)
Re: AIM Tip of the Year Just seen the Tip on this very site its in AIM share tips for this year. Not an earth shattering analysis in my opinion but enough to explain the blip in the price
Re: AIM Tip of the Year I assumed that the activity in the price was due to a New Year share tip .Has anyone any idea where the share was tipped? Not that I place much credence on Tips most just provide an opportunity for Mr Market to ramp the price and fleece enthusiastic new buyers.Its a no brainer hold for those of us who endured the previous dark days under the Fersters. The low oil price looks set to continue and this has a significant effect on their cost of sales.The changes in products and new contracts are resulting in significant improvements in sales. Not going to set the world on fire but a lot safer and much more credible under Joe's management. I will be adding gently on the dips.
AIM Tip of the Year Sounds like a good tip to me!Good volume going through this morning on a bad day for the market.
AIM tip of the year I have persevered through thin & thin since JG became involved ,adding to my initial stake several times.Our business now looks fair set for growth & our SP has responded accordingly & CRU are now an In tip for 2016-which sounds great to me
cds Streaming hasn't killed off CDs yet...[link]
Re: Chart Breakout "Only the brave would hold"!Well Fortune favours the brave.I'm continuing to hold. (Av price 10.7p)