Ct Automotive Share Discussion Threads

[z1co] 10/5/2024 18:28

Viper , this was posted 2 days ago.Results will most likely be next week.

[value viper] 10/5/2024 16:13

Results must be Monday as said be in early May ??

[z1co] 10/5/2024 13:32

After the purchase of 12,002 shares MM's have reduced buying to just 11,000 @ 57.82p.

[z1co] 10/5/2024 11:20

Thanks Viper

The company will show an increase revenue of $140m and underlying profit before of $8m for 2023 and has entered FY24 with strong visibility of booked production.

[value viper] 10/5/2024 10:45

Disagree - only stating the facts thus far

[purple11] 10/5/2024 09:19

ramp ramp ramp ramp ramp

[z1co] 10/5/2024 09:18

Directors 19,762,083 26.85%
Otus Capital Management 13,893,951 18.88%
LGT Bank, Vaduz 9,219,752 12.53%
Premier Miton Investors 6,759,098 9.18%
Charles Stanley 5,809,032 7.89%
Stonehage Fleming 5,389,676 7.32%
Pitharn Ongkosit 2,697,267 3.66%
Lombard Odier Investment Managers 2,374,551 3.23%
Scott McKenzie 2,244,758 3.05%
Newlands 1,425,000 1.94%

[z1co] 10/5/2024 09:17

The outlook at the time of their trading update was good:

The Group is encouraged by healthy order volumes and has entered FY24 with strong visibility of booked production and tooling revenue, with recent new programme wins extending visibility into future years.

With the directors and other large investors holding more than 90% of the shares , there is not many available to peeps to buy/sell.

At the moment you can buy 17,000 , yesterday the maximum to buy was 11,000.

[value viper] 10/5/2024 08:44

Assuming trading remains ok, not sure why they have retraced so much

[z1co] 09/5/2024 12:55

View from Vox

Excellent results from CT Automotive with volume recovery and margin improvement continuing into FY24, driven by the strong comeback of the automotive industry. Markets welcomed the revenue boost, sending CTA shares 14.4% higher on Friday. CT Automotive entered FY24 with healthy order volumes and strong visibility of booked production and tooling revenue, with recent new programme wins extending visibility into FY25 and beyond.

[z1co] 09/5/2024 11:41

After the trading update in January share price increased nearly 20p to over 80p

[z1co] 09/5/2024 11:38

The Group will announce its results for the twelve months ended 31 December 2023 in early May 2024.

[z1co] 09/5/2024 11:37

!FOLLOWFEED
Full Year Trading Update

Strong FY23 performance, with volume recovery and margin improvement continuing

CT Automotive, a leading designer, developer and supplier of interior components to the global automotive industry, issues the following trading update for the year ended 31 December 2023 ("FY23"), in advance of the publication of its annual results.

Return to profitable trading

The Group returned to profit in FY23, with the strong performance of H1 continuing into H2 as global automotive production volumes continued to recover.

FY23 revenue is expected to be not less than $140 million1. The improvement from $124 million in FY22 came from growth in both production revenue and revenue from tooling projects which completed in FY23. As previously announced, tooling revenue has been weighted towards the second half of the year, reflecting the timing of customer projects.

Group gross profit margins have continued to improve, supported by the ongoing efficiency initiatives. These initiatives, which include automation, consolidation of certain product lines and labour cost savings through more efficient work streams, have progressed as planned over the year, delivering further savings in H2.

As a result, the Group expects to report FY23 underlying profit before tax of c.$8 million1.



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[danwaits] 08/11/2023 13:34

They appear to very tightly held. I'm hoping for a little dip here before another steady rise.

[fastbuck] 07/11/2023 23:08

That was a couple of sizeable trades today that must have been worked by a broker, 100,000 and 95,000 shares both traded at 66p. I was buying on Monday but managed to buy only in 5,000 blocks. Pitiful volume, and pushing the price up on myself.

[value viper] 21/9/2023 09:27

Well I think this is looking much improved All metrics better etc as is outlook

[value viper] 18/8/2023 11:19

Has something leaked ?!?

[glavey] 18/8/2023 10:56

Wearing Friday pumps?

[value viper] 16/6/2023 07:45

Well - better late than never with some resultsSpeculative recovery potential I would thinkI see a PE of around 3 x IF they can make the 2023 numbers

[value viper] 19/5/2023 11:35

So Otus and Charles Stanley took the 34p placing This is about as speculative as it gets what with the additional inventory error announced after the placing was announced Ouch Watch this space

[kemche] 27/4/2023 09:12

great ipo.

[value viper] 20/3/2023 17:17

I don't actually think anyone even knows this is a listed co !

[value viper] 07/3/2023 19:31

Wow what a disaster this is

[tomps2] 26/9/2022 11:41

CT Automotive (CTA) interim results presentation - September 2022

CT Automotive Executive Chairman, Simon Phillips, CEO, Scott McKenzie, COO, Stuart Lorraine and CFO, David Wilkinson present the half year results for the period ended 30 June 2022, which shows revenues ahead in H1 and production recovery gaining momentum.

Video:

Podcast:

[tomps2] 31/5/2022 10:30

CT Automotive (CTA) full year 2021 results presentation - May 2022

CT Automotive’s Founder & Chairman, Simon Phillips, CEO, Scott McKenzie and CFO, David Wilkinson, present the full year 2021 result for the period ended 31st December 2021.

Video: www.piworld.co.uk/company-videos/ct-automotive-cta-full-year-2021-results-presentation-may-2022/

Podcast: piworld.podbean.com/e/ct-automotive-cta-full-year-2021-results-presentation-may-2022/