$CRDA & lower lipid sales to vaccine makers
Pharma sales are 2/3 pharma ingredients
"Lipids ... slightly behind, driven by America. But that's against tough comparators in the quarter and some customer hesitancy. But outside of America, it's fine"
Pharma sales are 2/3 pharma ingredients
"Lipids ... slightly behind, driven by America. But that's against tough comparators in the quarter and some customer hesitancy. But outside of America, it's fine"
October 16, 2025 at 2:52 PM
$CRDA & lower lipid sales to vaccine makers
Pharma sales are 2/3 pharma ingredients
"Lipids ... slightly behind, driven by America. But that's against tough comparators in the quarter and some customer hesitancy. But outside of America, it's fine"
Pharma sales are 2/3 pharma ingredients
"Lipids ... slightly behind, driven by America. But that's against tough comparators in the quarter and some customer hesitancy. But outside of America, it's fine"
Our theory: There is less innovation in Foods
Staples competitiveness depends on innovation, and there is just more of it in Health & Personal Care
(I remember Croda $CRDA CEO saying how shampoo used to sting your eyes)
Also Food demand is vulnerable to demographics and GLP-1s
Staples competitiveness depends on innovation, and there is just more of it in Health & Personal Care
(I remember Croda $CRDA CEO saying how shampoo used to sting your eyes)
Also Food demand is vulnerable to demographics and GLP-1s
October 16, 2025 at 8:33 AM
Our theory: There is less innovation in Foods
Staples competitiveness depends on innovation, and there is just more of it in Health & Personal Care
(I remember Croda $CRDA CEO saying how shampoo used to sting your eyes)
Also Food demand is vulnerable to demographics and GLP-1s
Staples competitiveness depends on innovation, and there is just more of it in Health & Personal Care
(I remember Croda $CRDA CEO saying how shampoo used to sting your eyes)
Also Food demand is vulnerable to demographics and GLP-1s
Croda FD Louisa Burdett to be CFO at Spirax Sarco
(announced 18-Dec)
Only took up role at $CRDA in Mar-23
Was CFO at Meggitt prior to sale to Parker Hannifin
CRDA has had 2 profit warnings (Jun, Oct)
Prior CFO Jez Maiden retired after 8 years in role
Unlikely to be a happy exit
(announced 18-Dec)
Only took up role at $CRDA in Mar-23
Was CFO at Meggitt prior to sale to Parker Hannifin
CRDA has had 2 profit warnings (Jun, Oct)
Prior CFO Jez Maiden retired after 8 years in role
Unlikely to be a happy exit
December 28, 2023 at 8:37 PM
Croda FD Louisa Burdett to be CFO at Spirax Sarco
(announced 18-Dec)
Only took up role at $CRDA in Mar-23
Was CFO at Meggitt prior to sale to Parker Hannifin
CRDA has had 2 profit warnings (Jun, Oct)
Prior CFO Jez Maiden retired after 8 years in role
Unlikely to be a happy exit
(announced 18-Dec)
Only took up role at $CRDA in Mar-23
Was CFO at Meggitt prior to sale to Parker Hannifin
CRDA has had 2 profit warnings (Jun, Oct)
Prior CFO Jez Maiden retired after 8 years in role
Unlikely to be a happy exit
Outside a few super businesses (GOOG, MSFT, V/MA), most things we track are weak YTD
Names with genuine bad news were violently punished on the day ... and then some (EL, RTX, CRDA)
Other names have drifted down over time on relatively little news (PM, OTIS, banks)
Names with genuine bad news were violently punished on the day ... and then some (EL, RTX, CRDA)
Other names have drifted down over time on relatively little news (PM, OTIS, banks)
October 23, 2023 at 2:14 PM
Outside a few super businesses (GOOG, MSFT, V/MA), most things we track are weak YTD
Names with genuine bad news were violently punished on the day ... and then some (EL, RTX, CRDA)
Other names have drifted down over time on relatively little news (PM, OTIS, banks)
Names with genuine bad news were violently punished on the day ... and then some (EL, RTX, CRDA)
Other names have drifted down over time on relatively little news (PM, OTIS, banks)
Of course because the CRDA and developers solve Atlantic City's problems like flooding and homelessness. The NJ government is going to ruin Atlantic City, again.
October 28, 2025 at 1:08 PM
Of course because the CRDA and developers solve Atlantic City's problems like flooding and homelessness. The NJ government is going to ruin Atlantic City, again.
Croda $CRDA 2024
Q4 sales +7.1% ex-CV19
Consumer +5.3%, Life Sci. +2.5% ex-CV19
FY sales -1.1% ex-CV19 (+2% ex. FX), -3.9% total
Adj. EBIT -12.6% (H2 +6.3% h/h)
Adj. PBT £260m
EPS -14.9% (142.6p)
2025 guide
Core sales "to grow"
£25m cost cuts
Adj. PBT £265-296m ex-FX
22x P/E
Q4 sales +7.1% ex-CV19
Consumer +5.3%, Life Sci. +2.5% ex-CV19
FY sales -1.1% ex-CV19 (+2% ex. FX), -3.9% total
Adj. EBIT -12.6% (H2 +6.3% h/h)
Adj. PBT £260m
EPS -14.9% (142.6p)
2025 guide
Core sales "to grow"
£25m cost cuts
Adj. PBT £265-296m ex-FX
22x P/E
February 25, 2025 at 7:40 AM
Croda $CRDA 2024
Q4 sales +7.1% ex-CV19
Consumer +5.3%, Life Sci. +2.5% ex-CV19
FY sales -1.1% ex-CV19 (+2% ex. FX), -3.9% total
Adj. EBIT -12.6% (H2 +6.3% h/h)
Adj. PBT £260m
EPS -14.9% (142.6p)
2025 guide
Core sales "to grow"
£25m cost cuts
Adj. PBT £265-296m ex-FX
22x P/E
Q4 sales +7.1% ex-CV19
Consumer +5.3%, Life Sci. +2.5% ex-CV19
FY sales -1.1% ex-CV19 (+2% ex. FX), -3.9% total
Adj. EBIT -12.6% (H2 +6.3% h/h)
Adj. PBT £260m
EPS -14.9% (142.6p)
2025 guide
Core sales "to grow"
£25m cost cuts
Adj. PBT £265-296m ex-FX
22x P/E
🌟 #TWINPETESINVESTING 156 NOW LIVE 🌟
Tune in to hear @conkers3.bsky.social and I discuss some beaten up UK industrial companies including #CRDA #SPX #ROR #RSW, takeovers including #WHR and #SXS and much more!
Please remember to like, subscribe and comment!
www.youtube.com/watch?v=ORfA...
Tune in to hear @conkers3.bsky.social and I discuss some beaten up UK industrial companies including #CRDA #SPX #ROR #RSW, takeovers including #WHR and #SXS and much more!
Please remember to like, subscribe and comment!
www.youtube.com/watch?v=ORfA...
Would you like a 100% investing return?
YouTube video by Conkers Corner
www.youtube.com
June 27, 2025 at 11:02 AM
🌟 #TWINPETESINVESTING 156 NOW LIVE 🌟
Tune in to hear @conkers3.bsky.social and I discuss some beaten up UK industrial companies including #CRDA #SPX #ROR #RSW, takeovers including #WHR and #SXS and much more!
Please remember to like, subscribe and comment!
www.youtube.com/watch?v=ORfA...
Tune in to hear @conkers3.bsky.social and I discuss some beaten up UK industrial companies including #CRDA #SPX #ROR #RSW, takeovers including #WHR and #SXS and much more!
Please remember to like, subscribe and comment!
www.youtube.com/watch?v=ORfA...
Moran Foods is taking over, essentially returning the formerly franchised Save A Lot to corporate ownership. It'll stay a Save A Lot: njbiz.com/crda-grocery...
CRDA to bring full-service supermarket to Atlantic City - NJBIZ
CRDA and Moran Foods will open a full-service supermarket in Atlantic City to expand food access and revitalize downtown.
njbiz.com
October 23, 2025 at 12:45 PM
Moran Foods is taking over, essentially returning the formerly franchised Save A Lot to corporate ownership. It'll stay a Save A Lot: njbiz.com/crda-grocery...
FeverTree $FEVR: top-3 holders include Lindsell Train (#1, 15.4%) and Smithson (#3, 6.2%)
Smithson bought back in 2019; more recently they are known for selling Rightmove $RMV near the bottom (in late 2023, when they also bought Croda $CRDA)
Investing is simple but not easy
Smithson bought back in 2019; more recently they are known for selling Rightmove $RMV near the bottom (in late 2023, when they also bought Croda $CRDA)
Investing is simple but not easy
September 15, 2024 at 6:59 PM
FeverTree $FEVR: top-3 holders include Lindsell Train (#1, 15.4%) and Smithson (#3, 6.2%)
Smithson bought back in 2019; more recently they are known for selling Rightmove $RMV near the bottom (in late 2023, when they also bought Croda $CRDA)
Investing is simple but not easy
Smithson bought back in 2019; more recently they are known for selling Rightmove $RMV near the bottom (in late 2023, when they also bought Croda $CRDA)
Investing is simple but not easy
At the time of Q3 profit warning, $CRDA "expect to deliver lipid systems to our principal COVID-19 vaccine customers (i.e. $PFE) as planned"
Not clear if this will be affected by lower PFE outlook
Not clear if this will be affected by lower PFE outlook
October 14, 2023 at 6:43 AM
At the time of Q3 profit warning, $CRDA "expect to deliver lipid systems to our principal COVID-19 vaccine customers (i.e. $PFE) as planned"
Not clear if this will be affected by lower PFE outlook
Not clear if this will be affected by lower PFE outlook
CRDA was perversely keen on stadiums and parking garages, which is one reason New Haven is running laps on Hartford right now. CRDA intentionally throttled back housing (inflating rents) while New Haven leaned in and built more.
Keep a close eye on suburban controlled development agencies.
Keep a close eye on suburban controlled development agencies.
April 21, 2025 at 12:15 AM
CRDA was perversely keen on stadiums and parking garages, which is one reason New Haven is running laps on Hartford right now. CRDA intentionally throttled back housing (inflating rents) while New Haven leaned in and built more.
Keep a close eye on suburban controlled development agencies.
Keep a close eye on suburban controlled development agencies.
Historical Visual Materials
It was stationed at the fitting-out pier of the CRDA San Marco Naval Shipyard in Trieste, on the Adriatic Sea.
It was stationed at the fitting-out pier of the CRDA San Marco Naval Shipyard in Trieste, on the Adriatic Sea.
July 24, 2025 at 8:38 AM
Historical Visual Materials
It was stationed at the fitting-out pier of the CRDA San Marco Naval Shipyard in Trieste, on the Adriatic Sea.
It was stationed at the fitting-out pier of the CRDA San Marco Naval Shipyard in Trieste, on the Adriatic Sea.
Interesting nugget from this article about UConn dorm rooms, confirms my hunch that CRDA projects are taxed at the much lower single family home tax rate (half what apartments pay) which is why the only projects built have CRDA funding
Having dual resi rates is bad
www.courant.com/2025/01/14/p...
Having dual resi rates is bad
www.courant.com/2025/01/14/p...
January 14, 2025 at 11:17 AM
Interesting nugget from this article about UConn dorm rooms, confirms my hunch that CRDA projects are taxed at the much lower single family home tax rate (half what apartments pay) which is why the only projects built have CRDA funding
Having dual resi rates is bad
www.courant.com/2025/01/14/p...
Having dual resi rates is bad
www.courant.com/2025/01/14/p...
Middle Kids - Dramamine (Official Video)
YouTube video by MiddleKidsVEVO
www.youtube.com
December 7, 2024 at 1:04 AM
Andhra approves IBM’s quantum computer setup at Amaravati centre
https://www.europesays.com/uk/390895/
It may be noted that the Capital Region Development Authority (CRDA) allotted 50 acres of land for developing…#uk #news #uknews
https://www.europesays.com/uk/390895/
It may be noted that the Capital Region Development Authority (CRDA) allotted 50 acres of land for developing…#uk #news #uknews
Andhra approves IBM’s quantum computer setup at Amaravati centre - United Kingdom
It may be noted that the Capital Region Development Authority (CRDA) allotted 50 acres of land for developing Quantum Valley in Amaravati to benefit research
www.europesays.com
September 2, 2025 at 3:34 AM
Andhra approves IBM’s quantum computer setup at Amaravati centre
https://www.europesays.com/uk/390895/
It may be noted that the Capital Region Development Authority (CRDA) allotted 50 acres of land for developing…#uk #news #uknews
https://www.europesays.com/uk/390895/
It may be noted that the Capital Region Development Authority (CRDA) allotted 50 acres of land for developing…#uk #news #uknews
The other (major) issue in Hartford is our high commercial tax rate. New apartment buildings get taxed at 6.9% per annum unless they go through the CRDA. Downtown, there seem to be projects that are using CRDA for necessary tax reasons that could probably pencil without
February 4, 2025 at 11:27 AM
The other (major) issue in Hartford is our high commercial tax rate. New apartment buildings get taxed at 6.9% per annum unless they go through the CRDA. Downtown, there seem to be projects that are using CRDA for necessary tax reasons that could probably pencil without
CRDA nods to get another 20,494 acres in Amaravati
The main Minister of N. Chandrababa Naida will chair the CRDA meeting in his camp office near Vijayawady. On Saturday at his camp office in his camp office in eight villages in eight villages on Saturday in eight villages on Saturday in eight…
The main Minister of N. Chandrababa Naida will chair the CRDA meeting in his camp office near Vijayawady. On Saturday at his camp office in his camp office in eight villages in eight villages on Saturday in eight villages on Saturday in eight…
CRDA nods to get another 20,494 acres in Amaravati
The main Minister of N. Chandrababa Naida will chair the CRDA meeting in his camp office near Vijayawady. On Saturday at his camp office in his camp office in eight villages in eight villages on Saturday in eight villages on Saturday in eight villages on Saturday in his camp in his camp, to acquire another 20,494 hectares in eight villages in eight villages of the Chief Minister N.
techwordnews.com
July 6, 2025 at 6:47 AM
CRDA nods to get another 20,494 acres in Amaravati
The main Minister of N. Chandrababa Naida will chair the CRDA meeting in his camp office near Vijayawady. On Saturday at his camp office in his camp office in eight villages in eight villages on Saturday in eight villages on Saturday in eight…
The main Minister of N. Chandrababa Naida will chair the CRDA meeting in his camp office near Vijayawady. On Saturday at his camp office in his camp office in eight villages in eight villages on Saturday in eight villages on Saturday in eight…
That is between God, the Governor and CRDA.
November 25, 2024 at 12:10 AM
That is between God, the Governor and CRDA.
Nope, CRDA is a state agency and not subject to P+Z. Now if they offload the property it may be a different story but if it owned by CRDA than the city has no real say.
December 10, 2024 at 9:16 PM
Nope, CRDA is a state agency and not subject to P+Z. Now if they offload the property it may be a different story but if it owned by CRDA than the city has no real say.
CRDA approves 38 townhouses for Atlantic City's Inlet neighborhood.
Do you think that the project will spur development in the Inlet section of the resort?
Comment below.
pressofatlanticcity.com/news/local/b... via @thepressofac
Do you think that the project will spur development in the Inlet section of the resort?
Comment below.
pressofatlanticcity.com/news/local/b... via @thepressofac
CRDA approves 38 townhouses for Atlantic City's Inlet neighborhood
The Casino Reinvestment Development Authority on Tuesday approved a proposal by homebuilder K. Hovnanian to build a new residential development near the Boardwalk.
pressofatlanticcity.com
January 21, 2025 at 9:47 PM
CRDA approves 38 townhouses for Atlantic City's Inlet neighborhood.
Do you think that the project will spur development in the Inlet section of the resort?
Comment below.
pressofatlanticcity.com/news/local/b... via @thepressofac
Do you think that the project will spur development in the Inlet section of the resort?
Comment below.
pressofatlanticcity.com/news/local/b... via @thepressofac
"Just need a couple things to sleep, maybe some dramamine"
www.youtube.com/watch?v=crdA...
www.youtube.com/watch?v=crdA...
Middle Kids - Dramamine (Official Video)
YouTube video by MiddleKidsVEVO
www.youtube.com
August 5, 2025 at 1:43 AM
"Just need a couple things to sleep, maybe some dramamine"
www.youtube.com/watch?v=crdA...
www.youtube.com/watch?v=crdA...
"Croda: Poised for Rebound After Signs of Improvement in 2024"
$CRDA shares are near a 5-year low, earnings should trough in 2024, and P/E is ~26x relative to these
$CRDA shares are near a 5-year low, earnings should trough in 2024, and P/E is ~26x relative to these
Croda: Poised for Rebound After Signs of Improvement in 2024
Shares are near a 5-year low, earnings should trough in 2024, and P/E is ~26x relative to these.
open.substack.com
December 28, 2024 at 9:03 PM
"Croda: Poised for Rebound After Signs of Improvement in 2024"
$CRDA shares are near a 5-year low, earnings should trough in 2024, and P/E is ~26x relative to these
$CRDA shares are near a 5-year low, earnings should trough in 2024, and P/E is ~26x relative to these
European Movers Winners: Fraport (FRA GY) +7.3%, Vodafone (VOD LN) +4.4%, Informa (INF LN) +2.0%, LVMH (MC FP) +1.0% Losers: K+S (SDF GY) -4.1%, Munich Re (MUV2 GY) -2.9%, Croda (CRDA LN) -2.8%
November 11, 2025 at 8:08 AM
European Movers Winners: Fraport (FRA GY) +7.3%, Vodafone (VOD LN) +4.4%, Informa (INF LN) +2.0%, LVMH (MC FP) +1.0% Losers: K+S (SDF GY) -4.1%, Munich Re (MUV2 GY) -2.9%, Croda (CRDA LN) -2.8%
(ATLANTIC CITY, NJ) -- Masterpiece Advertising has been honored with the 2024 NJTIA New Jersey Tourism Excellence Award in the Marketing category for its exceptional work as the marketing agency of record for the New Jersey Casino Reinvestment Development Authority (CRDA).
Masterpiece Advertising Wins 2024 New Jersey Tourism Excellence Award for Marketing
(ATLANTIC CITY, NJ) -- Masterpiece Advertising has been honored with the 2024 NJTIA New Jersey Tourism Excellence Award in the Marketing category for its exceptional work as the marketing agency of re...
www.newjerseystage.com
December 12, 2024 at 10:31 PM
(ATLANTIC CITY, NJ) -- Masterpiece Advertising has been honored with the 2024 NJTIA New Jersey Tourism Excellence Award in the Marketing category for its exceptional work as the marketing agency of record for the New Jersey Casino Reinvestment Development Authority (CRDA).
Nine designs, including a golden clump in Mangalagiri, get a crda nod
Chief Minister Andr Pradesh N. Chandrababu Naidu. : Main Minister N. Chandrababa Naida ordered officials to ensure that Amaravati development projects reflect iconic proposals and international standards. On Monday he chaired…
Chief Minister Andr Pradesh N. Chandrababu Naidu. : Main Minister N. Chandrababa Naida ordered officials to ensure that Amaravati development projects reflect iconic proposals and international standards. On Monday he chaired…
Nine designs, including a golden clump in Mangalagiri, get a crda nod
Chief Minister Andr Pradesh N. Chandrababu Naidu. : Main Minister N. Chandrababa Naida ordered officials to ensure that Amaravati development projects reflect iconic proposals and international standards. On Monday he chaired the 51 meeting. He also instructed that the world -class infrastructure and a reserved ecosystem will be created around the cluster. CRDA approved nine main designs, including the establishment of a special purpose vehicle (SPV) to carry out key projects such as Greenfield Airport, NTR, Sports City, Smart Industries, Riverfront Development, Inner Ring Road and Ropeway.
techwordnews.com
August 19, 2025 at 2:58 AM
Nine designs, including a golden clump in Mangalagiri, get a crda nod
Chief Minister Andr Pradesh N. Chandrababu Naidu. : Main Minister N. Chandrababa Naida ordered officials to ensure that Amaravati development projects reflect iconic proposals and international standards. On Monday he chaired…
Chief Minister Andr Pradesh N. Chandrababu Naidu. : Main Minister N. Chandrababa Naida ordered officials to ensure that Amaravati development projects reflect iconic proposals and international standards. On Monday he chaired…