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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Cranswick

September 2018

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:
  • 3274p
Meat processor Cranswick reported a 3.2% increase in sales for the first quarter to 30 June with positive contributions from each of the group’s product categories.The group continues to invest significantly across its asset base to add capacity and capability and during the period commissioned its new continental products factory in Bury, Greater Manchester. The facility consolidates production from its two original sites and provides significant increased capacity. Since then it has started work on a new poultry primary processing facility at Eye in Suffolk and it will double existing capacity on completion in 2019.Notwithstanding the heavy capex schedule, its strong cash flow has transformed net debt of £18m th ...

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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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