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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Cranswick - Demand for its meat rockets as people forced to eat at home

May 2020

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.

  • Epic Code:
  • CWK
  • Price:
  • 3400p
Meat processing is traditionally regarded as a risky place to invest on account of intense competition, food price volatility and occasional food scares. Against this backdrop I nevertheless recall my first meeting with Martin Davey, the long-standing chairman and former CEO of meat processor Cranswick, in the august surroundings of the Farmers Club in Westminster a few years ago. Shortly after that tip at 284p, the world was engulfed in crisis due to the 9/11 bombings but the shares have gone on to brighter things and after we re-recommended them at 1158p in August 2013, we eventually sold out last December at 3260p. At that time the shares appeared expensive but then as John Maynard Keynes famously said, “When the fact ...

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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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