Tclarke Share Discussion Threads

[andyr42] 27/2/2017 15:52

Thanks igoe104. PE 4.7, net cash £9.2m, don't suppose it has any debt? Sounds good. Bought some.

[igoe104] 27/2/2017 15:49

74.75p Epic code: CTO
(Sharewatch) T Clarke (CTO; 74.75p), a UK provider of mechanical, electrical and ICT engineering services, was once a stockmarket darling and could do no wrong. It operated nationally for many years and successfully across the lifecycle of an asset from design, installation and commissioning to FM. But then it got hit by several busses at once: the recession led to margin pressure; there were two lossmaking offices (now closed); two contract disputes (resolved); and an employee was found with his fingers in the cookie jar to the tune of £2.8m (recovery of this swindled cash underway). But things seem to have cheered up and CTO has issued an exceptionally strong update with full year profits for 2016 expected to be £6m, materially ahead of N+1 Singer’s £4.2m forecast. Based on eps of 11p, net cash of £9.2m (22p a share) and a record £330m order book, the shares are a buy on a cash adjusted PE of 4.7. 2016 results are due on 28 March

[andyr42] 27/2/2017 15:48

Can someone post the sharewatch article please?

[igoe104] 27/2/2017 14:34

Expect these to double (at least) over the next 12 month, looking at the numbers ?

[nw99] 27/2/2017 14:30

Yes good move Sharewatch rocks

[igoe104] 27/2/2017 14:29

After reading the share watch article and doing some of my own research and reading posts on this forum I`ve just purchased £20.6k worth.

[rivaldo] 27/2/2017 11:04

Good to see the price rising on healthy Monday morning volumes too.

[nw99] 27/2/2017 08:44

A break above 90 will signal blue sky

[nw99] 27/2/2017 08:39

Early buyers

[cc2014] 24/2/2017 10:39

Well if you believe in the wiggly line the 50 day MA is about to cross the 200.
I don't know how to draw it on here

[allstar4eva] 24/2/2017 09:37

Something tells me they don't want buyers!

[cc2014] 24/2/2017 08:38

There's something you don't see every day. Spread goes 83.25-88.0 on 19k buys.
Lovely plan coming together here. Just need to get to 90 and push through there. Expect that's going to take a bit of time but I can be patient

[cc2014] 23/2/2017 17:59

Some decent sized late trades. More stock rotation to new holders. Hopefully that's te seller at around 82 finished now.

[rivaldo] 23/2/2017 15:17

And HS2 has got the green light today - good news for CTO, who've said themselves it's a big opportunity for them.

[rivaldo] 23/2/2017 13:25

Moving up again past old chart peaks - hopefully above 90p soon.

[cc2014] 22/2/2017 12:36

More decent sized trades gone through this morning, which is good as the weak holders are selling up, moving on and being replaced by new buyers.

L2 has strengthened considerably in the last few hours if you can ever believe anything on L2

[tjbird] 21/2/2017 15:27

a few sellers

[tjbird] 21/2/2017 15:19

Dont be surprised there is now 22p cash on the balance sheet


business valued on a PE of 5


Record 300m order bank

[cc2014] 21/2/2017 15:18

Rofl. Much as I like optimism there won't be any special dividend until the pension fund deficit comes down to a more normal level. Inflation and rising interest rates will help with this but that's 6 months away?

Buyers still very comfortable to come in at this level. Nice

[opodio] 21/2/2017 14:37

be nice to get a 10p special dividend, imagine what that would do to the share price!

[rivaldo] 21/2/2017 14:04

Lovely stuff. Should continue all the way to the results on 28th March given the strong trading update.

[cc2014] 21/2/2017 13:18

It does appear good today. Some decent buys coming through as the day continues with the price now comfortably holding above 80.

I am interested to see what happens to the 25k sell loaded at 84 on L2. Normally this would a fake trade intended to try and keep the price down as someone wants to buy but I have a half suspicion that this one might not be fake.

If it is fake it's playing a dangerous game as it's in danger of getting hit.

[tjbird] 21/2/2017 09:32

Getting a sugar rush could see 100p sharpish

[cc2014] 21/2/2017 09:28

It appears the seller at 80 is done. Hurrah.

Recent high is 90 before Brexit came along. I expect some sellers there but after that there's no obvious selling point on the chart for some considerable time.