Updates

Cranswick - 10% volume growth in Q3

March 2016

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Cranswick’s bull run has amazingly long legs, with the shares having registered a new high over the month of 2093p, before the recent pull back.The catalyst was its Q3 update showing like-for-like volume growth in the quarter of 10% and 4% revenue growth, the balance reflecting the pass-back of lower pig prices to consumers. Exports grew strongly including a fantastic 28% rise in volumes to the Far East. Net debt rose from £5m to £18m due to an expected seasonal increase in working capital but well within its £120m banking facility.Tipped at 1158p in August ’13, the gain is now 64%. We previously recommended selling half, but momentum is such that we would keep the remainder. ...

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Cranswick - Shares hit high of 3502p (July 2018)

Cranswick - Ahead of expectations (March 2018)

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Cranswick -Shares break through £30 barrier (July 2017)

Cranswick - Another acquisition (February 2017)

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Cranswick - Remarkably resilient share price (August 2016)

Cranswick - Shares hit Â£25 after acquisition (June 2016)

Cranswick - Shares break through Â£19 for first time (February 2016)

Cranswick - Sales ahead of expectations (November 2015)

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Cranswick - Supplier of premium pork products doing well from horse meat scandal (August 2013)

Cranswick - Sales of premium pork products soaring (January 2008)

Cranswick - Excellent earnings record for premium pork product supplier (September 2006)

Cranswick - Competition starting to ease (July 2003)

Cranswick (January 2003)

Cranswick - Gaining selling space at Sainsbury's (September 2002)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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