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Coral Products (#CRU) – Q1 update, benefitting from actions to cut costs and improve efficiencies

2020-08-24 07:52:59

Coral Products – I having warned in May ‘doesn’t really inspire faith in the board’s confidence’…

2019-09-25 11:18:55

Previously writing on Coral Products (CRU), in May I questioned director share purchases... but inspiring confidence?, concluding the announcement still doesn’t really inspire faith in the board’s confidence in its strategy and look forward to a year of continued improvement and, with the shares above 8p, I continue to avoid. Today the shares are currently down from 7p towards 5p on the back of an “AGM Statement”…

Coral Products (#CRU) – currently “below management's expectations”, noting “currency fluctuations coupled with extremely variable trading conditions”

2019-09-25 07:43:53

Coral Products – director share purchases... but inspiring confidence?

2019-05-22 15:40:25

“Coral Products plc (CRU), a specialist in the design, manufacture and supply of plastic products, announces that it was informed on 21 May 2019 that on that date Mick Wood, a director of the company, and Joe Grimmond, Non-Executive Chairman of the company, respectively purchased 37,037 ordinary shares and 50,000 ordinary shares in the company… In addition, Noelle Low, spouse of David Low, a non-executive director of the company, purchased 50,000 ordinary shares”. The shares have responded further higher, above 8p…

Coral Products (#CRU) – “while still material”, below market expectations “will not be as significant as previously expected”

2019-05-20 07:22:25

Coral Products – from “confident” less than 4 months ago & “exciting time” less than 2 weeks ago… to a “materially below” warning!

2019-03-26 04:35:00

Late November-announced half-year results saw Joe Grimmond, Chairman of “specialist in the design, manufacture and supply of plastic products” Coral Products (CRU), emphasise “delighted with the performance of the business in the first half… I am pleased to report that results to date are well ahead of the same period last year and that, in spite of the prevailing uncertainties of Brexit we remain confident of the groups future prospects”. And less than two weeks ago CEO Mick Wood was emphasising “it is an exciting time at Coral… we are proud to introduce a bespoke recycling unit into our business… confident that this recycling unit will help propel our business forward”. No worries for a trading update today then…

Coral Products (#CRU) – “materially below both management and market expectations” warning

2019-03-26 00:18:29

Coral Products (#CRU) – expects “will meet its revised market expectations” (they following a prior “materially below” warning)

2018-08-01 06:23:12

Coral Products – from “pleased to announce” on trading in October to a now “materially below” profit warning

2018-01-16 01:25:56

Previously writing on Coral Products (CRU) in June, I noted it stating “a much improved performance”, but warned on what happened when it was previously positive and concluded to avoid. At its AGM this October, Executive Chairman Joe Grimmond was “pleased to announce that trading for the group has continued its improvement from the final quarter of last year” and “we expect further sales and margin improvement over the remainder of the current financial period”. There’s now followed a Friday 2:48pm “Trading Update”…

Coral Products – notes “a much improved performance”, but what happened when it was previously positive?

2017-06-08 08:10:00

A “Trading Statement” announcement from Coral Products (CRU) commences “Further to the company's trading update dated 27 January 2017”. What was that update then? Oh yeah… that “profitability for the year ending 30 April 2017 is likely to be materially below management's and market expectations”…

Coral Products (#CRU) – FY underlying profit expected to be in line with (previously downwardly revised) expectations

2017-06-07 23:31:59

Coral Profits warning - this does not stack up: Boss Joe & hapless Nomad (to frauds) Cairn you are yanking my chain!

2017-01-27 04:05:36

Coral Products (CRU) served up its interim results on December 8 with a bullish statement on the rest of the year. Today we are told that "a poor trading performance at its Coral Products Mouldings Limited subsidiary during November and December 2016 group profitability for the year ending 30 April 2017 is likely to be materially below management's and market expectations." WTF - how on earth was the December 8 statement not massively misleading? is that down to a deliberate wish to mislead or just incredibly bad internal financial controls?

Coral Products (#CRU) – ‘material’ profit warning, CEO & FD depart “for personal reasons”

2017-01-27 00:50:00

Coral Products (#CRU) – trading “in line”, remains confident “in spite of prevailing uncertainties”

2016-09-27 23:34:27

Zak Mir's Bull Call of the Day No. 1: Coral Products: Above 20p Targets 40p

2015-12-03 00:57:02

Shares of Coral Products have been a bullish contender for so long that we are forced to use the weekly chart time frame.

Zak Mir's Bull Call Of The Day No.1: Coral Products: 2014 Price Channel Target At 30p

2015-11-07 05:33:41

Although there is not exactly a wealth of historical data on the daily chart of Coral Products, it can be seen how the shares have in their own way delivered most of the major bullish signals over the past year.

Zak Mir's Bull Call Of The Day No.2: Coral Products: Broadening Triangle Points To 25p

2015-10-25 05:42:23

The only problem for the Coral Products journey to date is the way it has been a slow burn to the upside, despite the big buy signal which was delivered in June this year.

Coral Products (#CRU) - Placing raises £900,000 at 15p

2015-08-13 23:16:02

Zak Mir's Great Request Show: Coral Products, Deltex Medical, Totally

2015-07-29 10:12:52

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at Coral Products (CRU), Deltex Medical (DEMG), Totally (TLY)

Zak Mir's Great Request Show: Accsys Technologies, Coral Products, Formation.

2015-07-01 03:28:33

If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at Accsys Technologies (AXS), Coral Products (CRU), Formation (FRM).

Coral Products (#CRU) gets £200k loan from a director to keep the lights on

2015-02-02 00:30:52