dave leach
- 13 May 2007 09:24
CHH - 291.5p,
last years growth 52%, next years should be better given it will be their first year of full production in China. This is a steal at this price and should easily double as the stock gets re-rated.
Loads of cash and no debt, if they grow figures like last year which they may well do then we have eps way north of 50p as well as a large cash pile of over 6 million pound against a market cap of just over 30 million. What bargains there are if you just do a little research. Can see these rising quick style to 500p given the fact MMs have to mark them up on every small buy, what says a special divi coming soon?? What a share bargain i've found.
CHURCHILL CHINA PLC
PRELIMINARY RESULTS
for the year ended 31 December 2006
Churchill China plc, the manufacturer and global distributor of ceramic
tableware and household goods to the hospitality and retail markets, is pleased
to announce its preliminary results for the year ended 31 December 2006.
Key Points:
* Group turnover of #47.8m (2005: #46.4m)
* Profit before exceptional items and tax of #3.1m (2005 : #2.6m) up 20%
* Profit before tax of #5.7m (2005 : #2.8m)
* Basic earnings per share 37.6p (2005: 24.7p) up 52%
* Strong all round performance in second half year
* Steady growth in Hospitality markets, Retail position substantially
improved
* Strong operating cash flow. Year end net cash #6.4m (2005 : #2.6m)
* Final dividend increased to 8.1p per ordinary share (2005: 7.3p) up 10%
On prospects, Stephen Roper, Chairman said:
"Our strong financial position and confidence in Churchill's core profitability
will enable us to implement key development initiatives. We are reviewing a
number of options to accelerate growth across the markets we serve. I am pleased
to report that trading in the early months of 2007 has been encouraging."
dave leach
- 14 May 2007 09:15
- 2 of 6
breaking out this morning, a few have latched onto the value as a few buys already including 2500, some days there use to be hardly a trade in this little nugget.
dave leach
- 14 May 2007 19:35
- 3 of 6
someone keen to buy these today, a 45000 buy at the top, nice, really think a bid is coming given the consistent rise and cheapness of the company.
Energeticbacker
- 27 Mar 2015 15:45
- 4 of 6
Churchill China featured in our weekly round-up of announcements from AIM, see more at http://tinyurl.com/proj74c
Energeticbacker
- 28 Aug 2015 10:52
- 5 of 6
Churchill China has announced excellent interim results for the six months ending 30 June 2015. With the share price having fallen approx. 10% from the highs of earlier in the year and the outlook positive it might be an interesting time to get involved!
New free research note at http://tinyurl.com/prxlf4l
Energeticbacker
- 28 Aug 2015 15:46
- 6 of 6
Cracking news from AIM this week, including Churchill China (AIM:CHH). Read more at http://tinyurl.com/orkuhah