pearlsasinger
22 Feb 2015
Re: Fall in SP/Meanbugger MBThank you for your views.I came on board at 136p.
Meanbugger
22 Feb 2015
Re: Fall in SP I think the reason the share price fell back towards the end of last week was some selling into the rise of the previous week. New buyers of the shares are exercising caution because of the low milk price reducing demand for compound feeds, cutbacks in oil industry spend affecting Bendalls, a mildish winter and the low oil price not helping the fuel side etc etc. Overall it is a fairly tough background for Carr's and therefore they will be doing well to show any earnings progression in the current year.With Carr's you just have to accept that the external environment isn't always going to be helpful but over the long-term it should still grow and deliver rewards for shareholders. There is of course another reason why the shares may have fallen recently and that is the share split. Shareholders received their new share certificates at about the same time as the post-Christmas credit card bills. I think some shareholders probably have used it as an opportunity to exit.
kintra
20 Feb 2015
Re: Fall in sp very droll.
tejo
19 Feb 2015
Fall in sp There's trouble at mill!!
pearlsasinger
19 Feb 2015
Fall in SP Anybody know- or suspect- the reason for the fall during the last few days??Considering purchase.
picstloup
12 Feb 2015
Re: Broker forecasts I would have hoped the share price would recover, but if Investec are forecasting £1.92 then a further fall is more likely. Remember they recommended selling Whitbread at £16 and recently it touched £50.__________ __________ __________ __________ __________ __________ _I'm not a great fan of brokers' recommendations in general, but Investec have been pretty accurately forecasting Carr's share growth for several years - recommending Carr's at target of £10 back in 2011 when it was trading at £9, and upping their recommendations in the following years to £11.25, £14, £16 and now £1.92 [£19.20 in old money].
numberbiter
07 Feb 2015
Re: Broker forecasts I would have hoped the share price would recover, but if Investec are forecasting £1.92 then a further fall is more likely. Remember they recommended selling Whitbread at £16 and recently it touched £50.
kintra
28 Jan 2015
Fundamental Data Amusingly enough iii shows current yield as 22%! Can't be that complicated to divide by ten to reflect the share split, can it?
Meanbugger
26 Jan 2015
Dealing Spread After the share split, the dealing spread seems to have widened in percentage terms!! Currently 157.75p - 165p. Also there didn't seem to be the usual DRIP buying this year after the dividend was paid. Could someone please remind me again of the promised benefits from a share split other than a shiny new share certificate.
tejo
13 Jan 2015
AGM Thank you for the report on the AGM - very helpful to know what goes on. Agree sloppyness is not good and can creep into the business if they are not careful. Let us hope the sp multiplies by ten over the next few yeaes once again. I wish that the engineering business would grow more strongly
picstloup
13 Jan 2015
Broker forecasts I see Investec (who were represented at the AGM today) have reiterated their "buy" recommendation, target £19.18 (sorry, £1.92 as of tomorrow), Numis upgraded from hold to buy, target £1.80 and Shore Capital say "buy". Don't normally pay much attention to broker forecasts, as they can be all over the place (Rio's current forecasts, for example, range from £26.20 to £46.60), but unanimity is pleasant.
picstloup
13 Jan 2015
AGM: steady as she goes Just back from the meeting at the Crown at Wetheral. Everybody cautiously optimistic.Not much to add to the IMS:- Walischmiler was allowed by the German government to complete its two contacts in Russia, despite sanctions. Future business in Russia may be affected, but it's unlikely to have much effect on group profits, not least as Walischmiler has just got its first US contract and has a full order book- Bendall's is now back at full capacity, producing a previously delayed big order for BP in Azerbaijan.- the new mill at Kirkaldy continues to produce high quality product at higher profit margins and is at full capacity. Profit margins are expected to continue to rise despite lower turnover.due to low grain prices.- the fall in the farm gate milk price is bound to drive more people out of dairy, but aminomax sales were up 30.9% last year, and are still growing strongly this. Sales in the US are doing especially well, and should do even better with the opening of a expanded plant in upstate New York. Both UK and US plants are working at full capacity.- the 1/10 share split will go ahead. As a shareholder pointed out, this means that the new price will be £1.60, as it had been in 2002 - a 10 bagger in 12 years.- Chris Holmes got by far the lowest proxy vote of any director, possibly reflecting his slightly shambolic chairing style- fuel sales are down due to the mild start to winter (a timely flurry of snow in the garden reminded us that this might be temporary) but margins are good- 1000 people turned up to the opening of the new Annan store, and sales there are well upAll in all fairly boring, which on the whole is how I like my AGMs. I'm holding.PS. Is it just me or is the new (doubtless expensive) company secretary a bit on the dozy side? Previously we managed quite well with Ron Wood carrying out the role while Finance Director. This Katie Sinclair person doesn't seem to be able to manage to do what he did as a sideline: in the last year we've managed to put out 3 separate figures for group sales (with the chairman and the CEO's figures both having to be corrected in the full year results), the 2nd interim divi wasn't announced until a week after the half year results, rather than at the same time, as previously, and today they had to put out a replacement RNS as they'd initially put out the wrong figures for the total voting rights. Three RNS errors in a year seems a bit sloppy.
tejo
12 Jan 2015
Fall before results? Fall in SP to-day suggest results to-morrow may not be good.
