http://www.carrs-milling.com/

http://www.carrs-milling.com/factsheet.pdf


Carr's Milling Industries PLC is a United Kingdom-based company. The Company, along with its subsidiaries, is engaged in agriculture trading, agriculture manufacturing, food and engineering. The Company's Agriculture Trading segment provides all farming requirements. It is engaged in the sale of animal feed and feed blocks together with retail sales of farm equipment, fuels and farm consumables. The Food segment is engaged in the milling of wheat into flour. Its Engineering segment is engaged in the design and manufacture of remote handling equipment for use in research and nuclear industries. In addition, the United Kingdom business is engaged in the design and manufacture of pressure vessels for the oil, petrochemical and gas industry. During the fiscal year ended August 28, 2010, the Company acquired the trade of Ag Chem fertilizer, A C Burn, which is an animal feed and farming supplier, and Scotmin Nutrition, which is an animal feed supplements.

Trading on an undemanding 8.7 times earnings forecasts, and with a well covered payout providing ample room for growth

Not in this one , added the below for those interested -
A buy in this weeks Shares - Half year figures due 15 Apr- for the year to Aug , investec securities forecasts a 5% increase in taxable income to £13.7 million for 10% growth in earnings per share to 107.4p. The shares swap hands for just 10.3 times prospective earnings, a modest multiple which suggests they have further to go, even after the strong run seen since early November. A comfortably-covered 2.8% yield based on a projected 7% dividend hike to31p, only bolsters the attractions of the company.

On Friday, Carrs Milling Industries PLC (CRM:LSE) closed at 1,020, 13.19% below its 52-week high of 1,175.03, set on Feb 04, 2013.

May be a good share to watch for the turn around ?

recovering well, up 50 pence or 5% today. :-))

So far a good recovery play.

As of Apr 12, 2013, the investment analyst covering Carr's Milling Industries PLC advises investors to purchase equity in the company. This has been the consensus forecast since the sentiment of investment analysts improved on Feb 07, 2013. The previous consensus forecast advised that Carr's Milling Industries PLC would outperform the market.

Interim Results

Financial highlights

· Revenue up 18.1% to £231.6m (H1 2012: £196.0m)

· Profit before taxation up 36.2% to £10.1m (H1 2012: £7.4m)

· Diluted EPS up 53.1% to 79.9p (H1 2012: 52.2p)

· First interim dividend up 6.9% to 7.75p (1st interim 2012: 7.25p)

· Net debt of £19.0m (£2.5m as at 1 September 2012)



Commercial highlights

· Agriculture revenue up 17.8% and profit before tax up 21.4%, with animal feed benefiting from adverse weather conditions, feed blocks experiencing strong demand in the UK and USA, and retail and fuel distribution continuing to expand in Scotland and Northern England.

· Food revenue was up 8.0% and profit before tax up 10.9% with cost-effective access to imported wheat offsetting volatility on flour milling. The new mill in Kirkcaldy is on target to start production in September with over-capacity in Scotland reduced through closure of a competitor in Glasgow.

· Engineering revenue up 81.9% and profit before tax up 39.0%, reflecting demand for remote handling equipment and specialist fabrications from nuclear, petrochemical and other industries. Phase 2 of new factory in Germany complete and final phase expected to complete in November.






http://www.moneyam.com/action/news/showArticle?id=4575077

Carrs Milling: Investec raises target price from 1125p to 1400p staying with its buy recommendation.

Another 2.5% today

Carrs Milling Industries PLC (CRM:LSE) set a new 52-week high during today's trading session when it reached 1,240. Over this period, the share price is up 49.24%.

A buy in this weeks IC - Adverse weather conditions during the past six months have been positive for food producer, agricultural supplier and engineering specialist CARR'S MILLING INDUSTRIES. Extra demand for specialist animal feed due to poor grazing conditions meant an extra £1.1m of weather - related gains. Accordingly operating profit grew 31% year on year to £8.8m, with no let up in the pressure on feed supplies forecast this year. A PE ratio of nine looks undemanding and investec's sum-of-the-parts valuation suggests a price target of 1,400p

Up 7.44%

Carrs Milling Industries PLC (CRM:LSE) set a new 52-week high during today's trading session when it reached 1,299. Over this period, the share price is up 52.82%.

Carrs Milling Industries PLC (CRM:LSE) set a new 52-week high during today's trading session when it reached 1,309. Over this period, the share price is up 54.93%.As of Apr 26, 2013, the investment analyst covering Carr's Milling Industries PLC advises investors to purchase equity in the company. This has been the consensus forecast since the sentiment of investment analysts improved on Feb 07, 2013. The previous consensus forecast advised that Carr's Milling Industries PLC would outperform the market.

Carrs Milling Industries PLC (CRM:LSE) set a new 52-week high during today's trading session when it reached 1,329. Over this period, the share price is up 52.46%.

BUT it is ridiculously illiquid .... the spread is therefore likely to be very wide, and heaven forbid you should get the call wrong as there'll be no market into which to sell

That's why you buy at the bottom and sell at the top.

hahaha! and how do you know what is top and what is bottom?

I know what you are saying. :-)) I often get out from a share early on my say so as to say.

Carrs Milling: Investec raises target price from 1125p to 1400p staying with its buy recommendation.

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Carrs Milling Industries PLC (CRM:LSE) set a new 52-week high during today's trading session when it reached 1,335. Over this period, the share price is up 57.06%.