Mr Kipling's Exceedingly Poor Share Price

[stephec]

Am I alone in not being terribly bothered about cake?

No.

 

[screenman]

Shame that there might be redundancies.

 

[gbb]

Sugar saturated crud. Might just as well eat a bag of sugar.

 

[screenman]

Can we just think about the workers for a minute.

 

[derrick]

If they made descent cakes you would not have to worry about the workers.

 

[screenman]

If they made descent cakes you would not have to worry about the workers.

So that is down to the people driving the forklift trucks and cleaning the office, come on.

 

[Grant Fondo]

Bought a bakewell tart in Bakewell last week and understand now why Mr K are struggling

 

[tyred]

I never seen anything particularly special about Mr Kippling's wares. Better is available in my local bakery.

 

[Pro Tour Punditry]

If they made descent cakes you would not have to worry about the workers.

They would surely go downhill if they did that

 

[andabby]

Surely they don't import their vienesse whirls?

I heard they had out sourced to Asia, and become Vietnamese whirls

 

[raleighnut]

Bought a bakewell tart in Bakewell last week and understand now why Mr K are struggling

Do you mean a Bakewell Pudding.

 

[postman]

Shame shame.Sinbugs basic chocolate has risen from 35p a bar to 50p.Outraged from Meanwood writes.

 

[Fab Foodie]

Their major ingredients, Fat, Flour, Sugar can be UK sourced, but raisins, sultanas, almonds are likely to become notably pricier as Brexit approaches.
Unfortunately from a market standpoint, their products are stuck in a time-warp.
Whilst other cakes might be available of better quality locally, the benefit of Mr K's is that they have an exceedingly long shelf-life compared to local produce. I am stockpiling Mr K's products in a sekrit bunker for when the post-Brexit Zombie Apocalypse kicks-off....

I'll have the last laugh as the hipster cycling fraternity's moist Hoxton sourced banana-cake goes stale.....

 

[nickyboy]

Their major ingredients, Fat, Flour, Sugar can be UK sourced, but raisins, sultanas, almonds are likely to become notably pricier as Brexit approaches.
Unfortunately from a market standpoint, their products are stuck in a time-warp.
Whilst other cakes might be available of better quality locally, the benefit of Mr K's is that they have an exceedingly long shelf-life compared to local produce. I am stockpiling Mr K's products in a sekrit bunker for when the post-Brexit Zombie Apocalypse kicks-off....

I'll have the last laugh as the hipster cycling fraternity's moist Hoxton sourced banana-cake goes stale.....

At the risk of taking this rather too seriously, I do suspect the Park Foods of this world are using Brexit as an opportunity to up prices. @Fab Foodie will have a far better idea than me but I suspect the cost to Park Foods of the imported raisins, almonds etc in a cake that retails at £2 is small. So even a 20% increase in these costs due to exchange rate movements will have a modest effect

 

[Aperitif]

At the risk of taking this rather too seriously, I do suspect the Park Foods of this world are using Brexit as an opportunity to up prices. @Fab Foodie will have a far better idea than me but I suspect the cost to Park Foods of the imported raisins, almonds etc in a cake that retails at £2 is small. So even a 20% increase in these costs due to exchange rate movements will have a modest effect

Modest maybe, but still raisin the costs.