Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

The Admirable Creightons Is Set to Get all My Dough Back.

By Malcolm Stacey

1 July 2014 08:23

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Hello Share Nudgers: Many, many years ago I was persuaded by a good friend to invest in Creightons (CRL). You probably haven't heard of them – they're so small and usually moribund.They have a market cap of just £2m. They make soaps, fragrances and toiletries, such as things you put in cars to make them smell a bit better.

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Comments

wildrides

1 July 2014, 09:13

Personally my car smells lily fresh with out any assistance .
However I am reliably informed that its doggers that buy these smelly things for cars . If we are in for a long hot summer you might be onto something .
Jeremy

1 July 2014, 10:38

Creightons are off to a good start in the current first half as they booked a £375,000 profit from selling their part interest in the trademark of a product they manufacture.
Actually market value is around £3m with net assets of £5m.Interestingly Creightons is quoted on the main market not AIM.
Any takeover is in the gift of the present Chairman who is effective controlling shareholder & who separately owns the freehold of Creightons factory.
I have owned shares for a few years but fortunately paying around 2p average.They are good value still but difficult to trade due to spread.
Malcolm Stacey

1 July 2014, 10:41

Talk about lowering the tone! Not buying any more – I’ve been waiting ten years for the recovery, Riders.
Malcolm Stacey

1 July 2014, 16:54

Thanks Jerrers.The more I see about this company, the more I like it. It’s just the fact that they lost so much of my money about six years ago, that leaves me still a bit doubtful. Maybe somebody will back into them to secure a full listing on the cheap.