Cake Box Holdings (CBOX)

Sector:

Tourism and Leisure Services

Index:

FTSE AIM All-Share

195.00p
   
  • Change Today:
      5.50p
  • 52 Week High: 426.00
  • 52 Week Low: 140.00
  • Currency: UK Pounds
  • Shares Issued: 40.00m
  • Volume: 24,311
  • Market Cap: £78.00m
  • RiskGrade: 23

Cake Box acknowledges errors in annual results as shares slide

By Michele Maatouk

Date: Monday 24 Jan 2022

LONDON (ShareCast) - (Sharecast News) - Cake Box noted the slump in its share price on Monday and cited recent commentary from a retail investor blogger regarding transcription errors in its full-year results.
The cake retailer acknowledged "some transcription errors" between its 2021 full year results announcement published on 30 June 2021 and the 2021 annual report and accounts.

It also noted "inconsistencies in prior period inventory reporting and comparative period disclosures relating to director interests in franchise stores".

However, it insisted the errors should have no impact on reported profits, cash flows or balance sheet and that it had received "a clean audit opinion for the year".

"As previously announced and as we continue to grow the business, a key priority for the board remains underpinning growth with the appropriate level of experience and expertise for the group's central functions, internal controls and processes," it said. "BDO has also been appointed to assist with implementing improved internal audit practices."

Cake Box said trading in the second half has remained strong and in line with expectations for the full year.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

CBOX Market Data

Currency UK Pounds
Share Price 195.00p
Change Today 5.50p
% Change 2.90 %
52 Week High 426.00
52 Week Low 140.00
Volume 24,311
Shares Issued 40.00m
Market Cap £78.00m
RiskGrade 23

CBOX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
49.77% below the market average49.77% below the market average49.77% below the market average49.77% below the market average49.77% below the market average
20.69% above the sector average20.69% above the sector average20.69% above the sector average20.69% above the sector average20.69% above the sector average
Price Trend
55.29% below the market average55.29% below the market average55.29% below the market average55.29% below the market average55.29% below the market average
43.28% below the sector average43.28% below the sector average43.28% below the sector average43.28% below the sector average43.28% below the sector average
Income
40.21% above the market average40.21% above the market average40.21% above the market average40.21% above the market average40.21% above the market average
73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average
Growth
31.17% above the market average31.17% above the market average31.17% above the market average31.17% above the market average31.17% above the market average
71.88% above the sector average71.88% above the sector average71.88% above the sector average71.88% above the sector average71.88% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

CBOX Dividends

  Latest Previous
  Interim Final
Ex-Div 18-Nov-21 15-Jul-21
Paid 10-Dec-21 13-Aug-21
Amount 2.50p 3.70p

Trades for 20-May-2022

Time Volume / Share Price
16:35 3,000 @ 195.00p
16:18 2,871 @ 195.00p
16:11 1,000 @ 194.00p
14:02 4,000 @ 195.00p
14:02 75 @ 200.00p

CBOX Key Personnel

CEO Sukh Ram Chamda
COO Jaswir Singh
CFO David Forth

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