Conviviality

Conviviality (CVR)

Conviviality on the Web and Social Media

Conviviality News, Fundamentals and Discussion on:

Conviviality page on Interactive Investor
Conviviality page on Financial Times
Conviviality page on ADVFN
Conviviality page on London South East
Conviviality page on Bloomberg Markets
Conviviality page on This is Money
Conviviality page on Motley Fool
Conviviality page on Proactive Investors
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Conviviality Socially Speaking

Conviviality RNS, News and Media

Headline

7 Nov 2017
Conviviality PLC - Holding(s) in Companyfrom Interactive Investor
7 Nov 2017
Conviviality PLC - Trading Updatefrom Interactive Investor
7 Nov 2017
RNS press release - Trading Update from Proactive Investors
7 Nov 2017
RNS press release - Holding(s) in Company from Proactive Investors
6 Nov 2017
Conviviality PLC - Holding(s) in Companyfrom Interactive Investor
6 Nov 2017
RNS press release - Holding(s) in Company from Proactive Investors
1 Nov 2017
Conviviality PLC - Total Voting Rightsfrom Interactive Investor
1 Nov 2017
RNS press release - Total Voting Rights from Proactive Investors
18 Oct 2017
Conviviality PLC - Holding(s) in Companyfrom Interactive Investor
18 Oct 2017
Conviviality PLC - Board Changesfrom Interactive Investor
18 Oct 2017
RNS press release - Holding(s) in Company from Proactive Investors
12 Oct 2017
Conviviality PLC - Issue of Equity, Total Voting Rightsfrom Interactive Investor
12 Oct 2017
RNS press release - Issue of Equity, Total Voting Rights from Proactive Investors
9 Oct 2017
Conviviality PLC - Holding(s) in Companyfrom Interactive Investor
9 Oct 2017
RNS press release - Holding(s) in Company from Proactive Investors
28 Sep 2017
Conviviality PLC - Holding(s) in Companyfrom Interactive Investor
28 Sep 2017
Conviviality PLC - Holding(s) in Companyfrom Interactive Investor
28 Sep 2017
RNS press release - Holding(s) in Company from Proactive Investors
28 Sep 2017
RNS press release - Holding(s) in Company from Proactive Investors
20 Sep 2017
RNS press release - Holding(s) in Company from Proactive Investors
12 Sep 2017
RNS press release - Director/PDMR Shareholding from Proactive Investors
7 Sep 2017
RNS press release - Result of AGM from Proactive Investors
7 Sep 2017
RNS press release - Issue of Equity and Total Voting Rights from Proactive Investors
25 Aug 2017
RNS press release - DABS Awards from Proactive Investors
10 Aug 2017
RNS press release - Posting of Annual Report and Notice of AGM from Proactive Investors
9 Aug 2017
RNS press release - LTIP Awards from Proactive Investors
2 Aug 2017
RNS press release - Block Listing Update from Proactive Investors
28 Jul 2017
RNS press release - Holding(s) in Company from Proactive Investors
28 Jul 2017
RNS press release - Holding(s) in Company from Proactive Investors
26 Jul 2017
RNS press release - Holding(s) in Company from Proactive Investors
24 Jul 2017
RNS press release - Issue of Equity and Total Voting Rights from Proactive Investors
20 Jul 2017
RNS press release - PDMR AND/OR INSIDER DEALING NOTIFICATION from Proactive Investors
17 Jul 2017
RNS press release - Final Results for the Year Ended 30 April 2017 from Proactive Investors
16 Jun 2017
RNS press release - Appointment of Sole Broker from Proactive Investors
1 Jun 2017
RNS press release - Total Voting Rights from Proactive Investors
1 Jun 2017
RNS press release - Block Listing Update from Proactive Investors
25 May 2017
RNS press release - Trading Update from Proactive Investors
24 May 2017
RNS press release - Holding(s) in Company from Proactive Investors
19 May 2017
RNS press release - Notification of Major Interest in Shares from Proactive Investors
2 May 2017
RNS press release - Total Voting Rights from Proactive Investors
26 Apr 2017
RNS press release - Holding(s) in Company from Proactive Investors
24 Apr 2017
RNS press release - Holding(s) in Company from Proactive Investors
9 Dec 2016
RNS press release - Holding(s) in Company from Proactive Investors
2 Dec 2016
RNS press release - Holding(s) in Company from Proactive Investors
9 Nov 2016
RNS press release - Exercise of Options from Proactive Investors
1 Nov 2016
RNS press release - Trading Update from Proactive Investors
31 Oct 2016
RNS press release - Total Voting Rights from Proactive Investors
31 Oct 2016
RNS press release - Issue of Equity from Proactive Investors
28 Oct 2016
RNS press release - Supply Agreement with Palmer and Harvey from Proactive Investors
29 Sep 2016
RNS press release - Grant of Awards under LTIP from Proactive Investors
28 Sep 2016
RNS press release - Issue of Equity from Proactive Investors
16 Sep 2016
RNS press release - Director/PDMR Shareholding from Proactive Investors
12 Sep 2016
RNS press release - Result of AGM from Proactive Investors
12 Sep 2016
RNS press release - Issue of Equity and Grant of Options from Proactive Investors
8 Sep 2016
RNS press release - Director/PDMR Shareholding from Proactive Investors
18 Aug 2016
RNS press release - Posting of Annual Report and Notice of AGM from Proactive Investors
1 Aug 2016
RNS press release - Board Appointment from Proactive Investors
29 Jul 2016
RNS press release - Total Voting Rights from Proactive Investors
28 Jul 2016
RNS press release - Holding(s) in Company from Proactive Investors
20 May 2016
News - Conviviality's Bibendum acquisition pushes growth from Proactive Investors

Conviviality Charted

Conviviality Discussion on Interactive Investor

Re: Why the huge drop ?? by Butterflybill

  Mon, 11 Sep 2017 06:21:00 GMT
Ex Divi
By Butterflybill

Why the huge drop ?? by Geoffrey Lowndes

  Sat, 09 Sep 2017 08:28:00 GMT
nm
By Geoffrey Lowndes

NEW ARTICLE: Stockwatch: A quality AIM share to buy on the dips by II Editor

  Tue, 18 Jul 2017 10:01:00 GMT
"What next for AIM-listed mainly alcoholic drinks wholesaler/retailer LSE:CVR: Conviviality? It's best-known for the Bargain Booze and Wine Rack retail chains, and ventured into supplying bars and restaurants with the 2015 purchase of Matthew ..."

LINK
By II Editor

Re: KCM.SEADOC by KEEPING CALM MIKE

  Tue, 16 May 2017 22:30:00 GMT
The recent HMRC introduction of AWRS to try and eradicate the duty evaded stocks in certain sectors of the wholesale trade, could benefit the Bargain Booze Franchises which would flow into stronger sales for CVR.

I think they are a good hold, and Majestic too could benefit, IMHO.
I hold both of these stocks and happy to put them in the bottom draw .

K.C.M.

By KEEPING CALM MIKE

Telegraph by Geoffrey Lowndes

  Mon, 15 May 2017 08:01:00 GMT
Full page in Sunday Telegraph yesterday. Didn't make any buy/sell recommendations, but generally positive.
Regards
By Geoffrey Lowndes

KCM. by seadoc

  Tue, 07 Feb 2017 20:50:00 GMT
Hi Mike, you still in? I see this is outrageously overbought. I have a finger on the sell button but see you got the timing right earlier x 2, out and in. Any thoughts?

Thanks, Seadoc.
By seadoc

Bought in by ookyfly

  Fri, 03 Feb 2017 15:17:00 GMT
11000 at 273.184p.
By ookyfly

Re: Board Confidence by ookyfly

  Wed, 01 Feb 2017 07:08:00 GMT
Forward planning. (in my case for death!).

They rightly call IHT the only voluntary tax. Apart from BPR qualifying AIM companies, do look at EIS's. Many huge advantages, including deferral of cgt (liability for which is written off at death).

Grisly dubject, but our children can do with all the help we can give them, both for housing and for pensions.
By ookyfly

Re: Board Confidence by PIE-EATER

  Mon, 30 Jan 2017 15:44:00 GMT
BPR (potential IHT relief) is a useful factor even if not a geriatric, nor potentially liable for IHT....me in both cases at the minute. The reason, it's a bit like ISA's when they first came out - it's not the immediate benefit but the benefit down the line after all the years growth. ISA's (or PEPs as they then were) were no real use to me back in the 80s when they were launched, but they sure as heck are now!

Even if CVR are only kept for 2-3 years then proceeds from the sale can be recycled within 3 years into other potential BPR stocks so potentially shielding them immediately from IHT without having to wait 2 years.

That's the way IHT ISAs work from the likes of Hargreaves Hale, Unicorn etc

It's all about the forward planning.

GLA

PE
By PIE-EATER

Re: Board Confidence by ookyfly

  Mon, 30 Jan 2017 15:15:00 GMT
Definitely worth a punt when markets stabilise: good divi, and (I assume?) qualifies for iht exemption - an important factor for geriatrics like me.
By ookyfly

Board Confidence by PIE-EATER

  Mon, 30 Jan 2017 07:52:00 GMT
Todays results are generally very good, the thing that I like is the interim divi is increased 100% and reflects a likely 1/3 payout for the year (making 12.6p ish) WHILE still looking a divi cover of 2X.

12.6p would give yield of 4.85% vs 3.6% for the last year. The main downside is a pretty hefty PE, so glad I was a buyer at around 200p.

If I wasn't waiting for a market pullback I would consider this a weak buy currently..divis into the pot until then

GLA

PE
By PIE-EATER

Multiples pricing will effect Bargain Booze by KEEPING CALM MIKE

  Thu, 15 Dec 2016 22:28:00 GMT
Xmas crazy prices are here and will have a definite compression of sales and margin for Bargain Booze this Xmas, litres of spirits @:£15 , bottles at £10, and 3 cases of beers for £20 or less, are all well below industry costs.

The On trade Mathew Clark business could help cushion the retail side, as the on trade sector always does well at Xmas .

K.C.M.
By KEEPING CALM MIKE

Palmer & Harvey by KEEPING CALM MIKE

  Tue, 01 Nov 2016 10:52:00 GMT
New supply contract with P&H will add to their Wholesale side, as well as a deal for Tobacco for the BBOOZE outlets .

All round they have their presence in all the sectors, which gives them a good balance .

Long Term hold for me .

K.C.M.
By KEEPING CALM MIKE

Solid update this morning by Sambram

  Tue, 01 Nov 2016 08:26:00 GMT
Update from Singers:

LINK

and Zeus:

LINK
By Sambram

should help their on trade profits by KEEPING CALM MIKE

  Thu, 27 Oct 2016 13:47:00 GMT
The drinks supplier, which was bought by Conviviality Retail in May this year in a deal worth £60 million, reported group turnover up 21% in the 12 months to 31 March 2016, to £271m, compared to £223.8m the previous year. This included around five months trading of the PLB Group, following the merger in October 2014, it noted, but prior to the acquisition by Conviviality.

Profit before tax rose to £5,8m marking “excellent progress” from the £2m loss reported last year, and the company directors attributed to the dedication, excellence and talent of its team.

Gross profit was up 25% to £34.1m, it noted, due to an increase in the group’s gross margin to 12.6%.

The enlarged group, saw a rise in operating costs, but reported that these represented a smaller proportion this year than last – only 10% of sales compared to 11.1% last year – highlighting savings made across the group. However net debt also rose to £17.8m, up from £15.2m the year before due to the financing of the PLB deal.

The accounts also showed that seven directors left the company on 20 May, the date that Conviviality purchased the entire share capital in the company, with three others also stepping down during the year.

Conviviality Retail, which now controls around 8% supply of the UK on-trade in addition to its off-trade accounts, its CEO Diana Hunter claimed, reported a “transformational year” in May, after seeing group sales up 137% in the 12 months.

Market analysts Shore Capital have since said the company was an “increasingly attraction proposition” for both suppliers and customers, given its increased scale, expertise and footprint.

By KEEPING CALM MIKE