I first warned on Crawshaw Group (CRAW) on this website a couple of years ago with the shares at around 44p, including noting it strikes as recent trading has disappointed and the company doesn’t know exactly why, so is taking various shots in the hope of something hitting the target. I most recently warned just last week with the shares at 2p – concluding capitalising the company at just £2.3 million. Good luck with a material fundraise from here! Natch, it’s still bargepole ahoy! Sell. Today; “since then, the board has been in discussions with existing investors and prospective investors. Unfortunately these discussions have not been successful in raising sufficient capital”. Uh oh…
A “Statement re media speculation” from Crawshaw Group (CRAW), including “the board confirms that it is considering a number of remedial actions to address the key issues it has identified, which may include raising additional funding through an equity capital raising”. Uh oh – hopefully my prior warnings were heeded…
A “Change of Adviser” announcement from the self-styled “UK's leading value butcher” Crawshaw (CRAW) includes “Peel Hunt LLP has served notice, which has been mutually agreed by Crawshaw, to terminate its engagement with the group as its current nominated adviser and broker”. Who’s the ‘change’ to then?...
Self-styled “the UK's leading value butcher”, Crawshaw (CRAW) has announced self-admitted “clearly… disappointing” results for its half-year ended 29th July but that new management “has completed its review of the business and is implementing its change programme to restore growth and profitability”. Hmmm…
In June, previously writing on self-described “the UK's leading value butcher”, Crawshaw Group (CRAW) it was ‘AGM Trading and Strategic Update’, you were warned… - and I again concluding sell / avoid. Today a trading update including “continued challenging trading”. Uh oh…
I most recently warned on shares in self-styled “the UK's leading value butcher”, Crawshaw Group (CRAW) HERE. Today an “AGM Trading and Strategic Update”…
Its shares down from approaching 23p at the commencement of 2017 (and 80p+ in September 2016), ‘value butcher’ Crawshaw (CRAW) has announced results for its year ended 28th January 2018 – seeing the shares currently at… circa 5p…
In January, at above 10p, I concluded on Crawshaw Group (CRAW) that I don’t expect further detail to be encouraging and continued to avoid the shares. Today a “Directorate Change and trading update” announcement - and the shares currently approaching 30% lower on the day, around 4p…
An update on the 15 weeks to 24th December from Crawshaw (CRAW) commences “Continued progress was made in the period against the group's strategy to strengthen its position as Britain's leading value butcher, delivering great quality fresh meat at amazing value everyday” and sees CEO Noel Collett stating “our biggest ever Christmas week and the record number of meat hampers sold clearly demonstrates the trust our customers place in us for their most important meat spend of the year. This gives us a solid platform to improve trading momentum going into 2018”. Sounds encouraging…
Crawshaw (CRAW) has announced results for its half year ended 30th July 2017, including emphasising “progress made against strategy to position Crawshaws as Britain's leading value butcher, delivering great quality fresh meat at the lowest possible price”. However, the shares have responded more than 12% further lower to 18p…
An “AGM Trading and Strategic Update” announcement from fresh meat and food-to-go retailer, Crawshaw (CRAW) includes that “we are pleased with the progress we've made” and “the trading performance of the business continues to be stable following the improvement in like-for-like sales from the initiatives introduced throughout the estate”. The shares have responded to the announcement… approaching 14% lower, to 25p! Hmmm…




