Carclo Share Discussion Threads

[beeezzz] 26/4/2024 10:30

Best to let the dust settle before jumping in long way to go IMO...2025 could see significant increase in profits, margins are still small compared to T/O...

[husbod] 26/4/2024 09:29

About time. After the Avacta fiasco I was beginning to think this was a gonna.Much happier to hold now

[tradertrev] 26/4/2024 09:23

Well, that was a pleasant surprise this morning!

[wigwammer] 26/4/2024 09:01

To get to reality investors need to weigh up the tiny market cap, with the big sales base, with the margin potential post restructuring, with the pension deficit and with the net debt (and that figure you quote is post ifrs lease liabilities, stripping that out it is closer to £20m). All of these things have been discussed previously on this board. I weigh it all up and see very attractive risk/reward at this level. Others have a different view.. ATB

[milliecusto] 26/4/2024 08:44

Net debt at £30m brings in some reality

[1ultimate] 26/4/2024 08:13

Look at those huge buys going through

20p today?

[1gw] 26/4/2024 07:46

"Carclo now enjoys a strong financial foundation..."

Words I didn't expect to read in a Carclo TU. Well done! Surely that merits a decent bounce in the shareprice.

[wigwammer] 26/4/2024 07:23

Indeed. The statement is a bit short on facts and figures again, but compliance with covenants is also a big objective tick. If they can get through the restructuring and see material margin gains as a result, then the upside potential from this level of valuation is fantastic... ATB

[1gw] 26/4/2024 07:14

How about that then? Carclo trading ahead of expectations.

[beeezzz] 15/4/2024 20:51

William Black must see something in this dog, adding more, maybe that 233k trade.

[beeezzz] 07/4/2024 22:02

Might get TU this week...it could be ugly

[beeezzz] 05/4/2024 14:29

233k sell not looking good at all, prospects diminishing by day

[bombast1] 05/3/2024 14:48

It’s pretty obvious Carclo is a dead duck.
Apart from Joe Oatley, there’s no one who has hung around for anything longer than a couple of years
Incredible instability & no path out for a decade until the pension deficit is diminished.
Probably good for day trade margins but don’t be surprised if they go under in the next couple of years

[mesquida] 28/2/2024 08:05

Today's rns re NonExec resignation is a little unsettling. No explanation given, and he was only appointed 4 weeks ago.

[ansc] 15/2/2024 14:21

For what it's worth, last week I missed that First Equity Ltd had increased their share-holding from 9.194 to 10.215 %.

[ansc] 15/2/2024 14:08

14 February 2024 - Carclo plc

Strategic Consolidation and Closure of Tucson Facility

Ossett, February 14, 2024 - Carclo plc, the leading global provider of high-precision components, offering comprehensive services from mould design, automation, and production to assembly and printing, serving the life sciences, aerospace, optics, and tech sectors, announces the strategic closure of its Tucson, AZ facility. This decision represents the culmination of our US restructuring efforts, aimed at optimizing our operational footprint and aligning closely with our strategic objectives.

In alignment with this closure, Carclo is taking significant steps to enhance operational efficiency and customer service. The majority of manufacturing volumes from the Tucson site are being relocated to our state-of-the-art facilities in Pennsylvania, USA. This move not only consolidates our technical and manufacturing expertise but also brings production closer to our Design & Engineering center, fostering innovation and efficiency.

Furthermore, Carclo is leveraging its global footprint to redistribute manufacturing capacity. This strategic reallocation is designed to position our production facilities closer to our customer bases, thereby improving service levels, reducing lead times, and facilitating more sustainable operations.

[clocktower] 15/2/2024 06:03

Maybe they should merge with CRU.

[wigwammer] 14/2/2024 23:42

Your guess is as good as mine, valueinvturn. But management have indicated they have material spare capacity across their global production network, so the intention of this reorganisation will be to better fill that capacity and reduce costs, thus improving returns. Fingers crossed it works. Unlike other speculative investments, Carclo already has a large sales base, tier one customers and a long history of delivering a valuable service in a complex and technically demanding industry. If it works out, investors will be well rewarded. If it doesn't, they may lose all they invest. Given the potential upside runs into hundreds of percent however, I feel the risk/reward is favourable, but to each their own. ATB

[charo] 14/2/2024 22:01

Surely some indication of costs of closure and likely effect on profits should have been included.
The RNS is useless without this,Absurd.

[beeezzz] 14/2/2024 20:47

With mega profits and major pension liabilities I would be surprised if they survive.

My only hope is they get taken over...

[valueinvturn] 14/2/2024 20:15

@wigwammer due to your long experience on the company what your thoughts about the next future. Carclo Will be able to succeed in the turnaround or it will fail

[wigwammer] 14/2/2024 16:05

I think that's right valueinvturn. The outcome is pretty binary - recover or fail - and the share price won't meaningfully move until we get more evidence one way or another. The interesting thing is the assymetric payoff to each outcome. it fails you lose 100%. If it recovers you make 500%+. Nice odds IMO.

[queeny2] 14/2/2024 11:34

wrt valueinvturn, I think a "better" description of what is needed is "something going right"!

[queenbreguet] 14/2/2024 10:56

Lets hope so way undervalued IMHO.

[mesquida] 14/2/2024 10:19

William Black is obviously still following the stock. I dont know who he is , but he certainly has some balls !