Share Name Share Symbol Market Type Share ISIN Share Description
Clarke T. LSE:CTO London Ordinary Share GB0002015021 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 79.00p 78.25p 79.75p - - - 5,000 16:29:59
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 278.6 3.7 5.5 14.5 33.05

T Clarke (CTO) Latest News

More T Clarke News
T Clarke Takeover Rumours

T Clarke (CTO) Share Charts

1 Year T Clarke Chart

1 Year T Clarke Chart

1 Month T Clarke Chart

1 Month T Clarke Chart

Intraday T Clarke Chart

Intraday T Clarke Chart

T Clarke (CTO) Discussions and Chat

T Clarke (CTO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
13:40:1278.502,0001,570.00O
09:19:5079.303,0002,379.00O
View all T Clarke trades in real-time

T Clarke (CTO) Top Chat Posts

DateSubject
20/10/2017
09:20
T Clarke Daily Update: Clarke T. is listed in the Construction & Materials sector of the London Stock Exchange with ticker CTO. The last closing price for T Clarke was 79p.
Clarke T. has a 4 week average price of 78p and a 12 week average price of 74.75p.
The 1 year high share price is 93.25p while the 1 year low share price is currently 52p.
There are currently 41,829,577 shares in issue and the average daily traded volume is 33,455 shares. The market capitalisation of Clarke T. is £33,045,365.83.
22/9/2017
12:17
cc2014: It seems it doesn't matter how many contracts they win, it does nothing to the share price... Still sooner or later it will become turnover and profit. I took a look a couple of days ago at this project and it looks very high end to me which is CTO all over and will be interesting to find out in due course what Eton's involvement is.
09/8/2017
09:35
cc2014: Choices are: a) economy keeps bumbling along at a fairly depressed rate of growth for next five years due to Brexit. Growth still exists though and CTO are able to continue to improve turnover and margins by a small amount = gradual rise in share price b) economy keeps bumbling along at a fairly depressed rate of growth for next five years due to Brexit. Growth still exists though and CTO are able to continue to improve turnover and margins materially and no further one off shocks = decent rise in share price c) deal done with Europe over free trade = pick any construction share you like and get an instant 25% rise in share price plus longer term growth d) no deal with Europe. Probably looks like a) as certainty is better than never ending not knowing. Could result in instant fall in share price following by gradual increase as happened after referendum vote
08/8/2017
12:07
cc2014: Thanks Rivaldo. The MM's don't know what to do with this today so they've opened the spread. WINS at 10pts SING at 8pts PEEL at 11pts Wins and Sing usually operate at 5-6pt spread. Peel a bit more. It will be interesting to see what happens with the share price this afternoon. I think Igoe is right in that a number of speculators had moved in pre-results and are selling out.
08/8/2017
09:37
cc2014: Regrettably I think the finance director is trying to be too clever. I perceive the FD in every set of results whether interim or finals attempts to smooth the results so as to show a gradually improving situation. Thus, these unaudited results are better than a year ago, although not what we expected. I perceive CTO had a good first half to the year and rather than reporting lush results the FD saw his opportunity to write down the value of some the estimates of final accounts on the projects in Central and South. These issues in Central and South won't have occurred in the last couple of months - that doesn't seem likely - they will have been built up over time. So, what we have here is the FD cleaning up the balance sheet as the profitability of the company increases. The question is whether there is still more to clean up or whether that's the end of it. I'm guessing that the fact that all the hit came in one region suggests there isn't anything anywhere else because it would have made more sense to spread it around a bit if that was the case and they haven't done that. I note the following from last years interims as support for my view that the write off in Central and South aren't recent projects. I think the FD knew he couldn't justify them at year end so dealt with them now: The Group' activities in Bristol and Cardiff were discontinued in the year ended 31st December 2015. The Bristol and Cardiff operations were reported as discontinued operations for the year ended 31st December 2015, and the results for the six month period ended 30th June 2015 have been re-presented accordingly. The remaining contractual obligations of these businesses were transferred to the expanded South-West division, and further work is being undertaken in 2016 to close out these contracts Imho of course. I can't say I'm very impressed today. Once the dust has settled I expect the share price to claw it's way back to 90 over time, where once again it will meet resistance.
17/7/2017
09:45
rivaldo: N+1 Singer have left forecasts unchanged, but hadn't assumed any recovery at all, so expected the share price to rise by around 3p-3.5p today....hope they're right :o)) "Clarke has reached an out of court settlement for the recovery of £1.43m (by 31st December 2017) in relation to the financial irregularities identified within its subsidiary, DG Robson Mechanical Services Ltd (DGR). This represents approximately half the £2.8m identified as having been misappropriated within the original announcement of 31st October 2016. T Clarke continues to pursue other third parties in order to recover the balance of the misappropriated funds. We had prudently assumed no recovery in our forecasts and therefore consider this positive news this morning and expect to update our forecasts alongside the interims on 8th August. £1.4m represents c.4% of the current market cap and we would therefore expect the shares to respond accordingly."
06/7/2017
12:06
cc2014: Another reason I'm so bullish on CTO. N.G. Bailey - one of the few M&E contractors and competitors who aren't part of a larger group. Results out yesterday. No market reaction in share price on CTO at all. https://www.constructionnews.co.uk/companies/financial/ng-bailey-doubles-profit-and-grows-revenue/10021372.article?blocktitle=More-news&contentID=7121 Doubles profit to £12m on a turnover of £500m. It's all about the margin. Which is where I think this stock is going and why not only have I filled my boots but also my wheelbarrow.
05/7/2017
11:40
cc2014: I think the point over CTO exposure to the high end banking sector is well made, although I would suggest this is already in the share price as the share price is currently depressed below any reasonable valuation. Half their work is in London and they are growing outside of London 2016 growth figures: London 11% Central and SW 19% North 28% Scotland 30% The company does frustrate me though. I see they have opened another office in Dumfries. Presumably driven by increased business north of the border
04/7/2017
10:39
cc2014: The share price feels like it's stalled. Lack of interest seems to continue to bring out sellers which get snapped up by the buyers every time the offer falls to narrow the spread. I guess we are stuck until either these sellers stop or the half year results arrive
05/5/2017
10:10
rivaldo: N+1 Singer have increased this year's forecast to 11.9p EPS, and next year's to 12.4p EPS. They also forecast an £11.7m cash pile at the end of this year. Which supports the forecast 3.5p and 3.6p dividends respectively. N+1 Singer have presumably allowed leeway for further upgrades during the year, particularly given the confidence CTO must have in stating they'll be "ahead" so early in the year. EC, your target P/E of 12 would surely give a 149p share price based on adjusted 12.4p EPS (or 143p based on 11.9p EPS)?
05/5/2017
08:13
flagon: N+1 Singer - T. Clarke - Order book breaks through £400m, expectations upgraded T Clarke has issued a very positive AGM trading update, highlighting strong order momentum in the first four months of FY17. Management continues to focus on higher margin opportunities, which makes the excellent growth in the order book (+22% year to date to a record £402m) all the more impressive. Substantial projects have been secured across a wide range of sectors (commercial, residential, nuclear) and regions (London, Gloucester, Glasgow). The outlook for the current year (revenue and PBT) is ahead of previous expectations and we therefore upgrade our FY17 PBT forecast by 7%. We also roll the upgrade through to FY18 (PBT +8%). Today's update builds on the strong conclusion to FY16. In our view, the share price fails to reflect the current performance. We expect a positive response this morning with intrinsic value, we believe, in excess of 100p (8x FY18 P/E).
T Clarke share price data is direct from the London Stock Exchange
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:32 V: D:20171020 21:40:09