Share Name Share Symbol Market Type Share ISIN Share Description
Carclo Plc LSE:CAR London Ordinary Share GB0001751915 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 10.70p 10.60p 10.80p - - - 0 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Chemicals 146.2 8.2 11.6 0.9 8

Carclo Share Discussion Threads

Showing 18176 to 18200 of 18200 messages
Chat Pages: 728  727  726  725  724  723  722  721  720  719  718  717  Older
DateSubjectAuthorDiscuss
19/10/2019
19:24
Because Mark Rollins and the entire board are utterly incompetent.
gordongekko4
18/10/2019
20:00
Cant understand that they have not published results after nearly two and half months.They called an agm meeting on 6 for serious loss of capital and one assumed that their account publishing date is not too far. They have offloaded some parts of wipac and update on 25 is better then we expected but they are not publishing results.why??
shami6
16/10/2019
18:53
Mark Rollins is utterly incompetent and needs to go. The damage is irreparable. Shares won’t trade ever again.
gordongekko4
15/10/2019
20:49
"Preparation and auditing of the accounts for the year ended 31 March 2019 has made good progress in recent days, with completion expected in the coming weeks." RNS, 25th September So that rns came out 3 weeks ago tomorrow. Given they talked about weeks rather than months, you'd have to hope we were getting close to publication now. That's on the assumption that they are going to be able to get rid of the rest of Wipac in a way that isn't likely to result in the retained business collapsing under the weight of retained debt and pension obligations. I'm still also working on the assumption that the delay is in part (if not largely) to allow the sale of Wipac to advance sufficiently that the auditors are happy to sign off the accounts on the basis that it will be classed as an operation held for sale. But if they haven't been able to get to that stage in 2 1/2 months of suspension, how much longer can they realistically need?
1gw
07/10/2019
21:11
When is suspension to be ended!!
beeezzz
07/10/2019
12:54
The chairman has a thankless task. If new appointments work great but if dont he will shoulder blame .Chairman is great when all going well but no such thing as a non executive chairman in a crisis. His life will have been turned upside down over past 7/8 months,constant meetings with advisors ,seeking assurances and verification .Bankers insisting that they need their funds ,properly,protected.Pension regulator insisting pensioners come before current employees.Those same employees whose efforts are needed to protect pensioners benefits at the expense of their own reduced benefits. Customers pledging support whilst at same time taking rearguard action to prevent damage to their own businesses.Suppliers demanding payment and reducing credit. People at all levels looking for reassurance and often jumping ship. The chairman requires support whilst this crisis continues and whilst he is prepared to properly deal with it. Advisors can determine if up to task by talking to board and shareholder. Criticism WHERE JUSTIFIED CAN WAIT.
charo
07/10/2019
12:11
Hey charo they shouuld have given you the job! Can't believe this new man will be worse than some of the muppets who have tried and failed...........
meijiman
07/10/2019
10:57
The appointment of this previously interim restructuring expert allied with the resignation, within 3 weeks of his appointment, of the chief financial officer together with delays in report and continued suspension are all bad signs. It should not be difficult to separate ongoing business prospects and assets,hive down wipac remaining assets and liabilities into a spv type and determine future working capital requirements of continuing operations and that required to close down or sell wipac. The restucturing exercise needs to be separate from operational control otherwise the business will spiral into a self perpetuating decline as customers look to security of supply for medium to longterm. Chairman needs to link both together acting as conduit ensuring one actor does not go off script or the plot is lost.
charo
07/10/2019
09:37
Why appoint someone with little or certainly acknowledged operational experience. Agreed this company before wipac was very successful. But are there further legacy issues relating to wipac, liquidated damages type as well as pension.The regulator can be unreasonable in cash demands to reduce deficit making planning difficult. Just seems strange appointment.
charo
07/10/2019
09:04
CTP and Aerospace generate maybe £12-14m of ebidta and bank debt is £30m-ish. there is probably a further £15m to come from Wipac sale or liquidation, bringing net debt towards £15m. why should there be a pre-pack ???
baner
06/10/2019
22:40
New CEO seems to have acted as a consultant for 12 years at small outfit Canto associates.Think likely to be prepack time.He has no filed info at companies house which would suggest he has the relevant experience for this risk.Probably why no further info in RNS,outrageous.
charo
26/9/2019
17:40
gordon is it not more interesting to look at the future than the past? it is clear that C is in the process of selling Wipac, taking the pro forma net debt down to a very manageable level. OK? it is also clear that the remaining businesses are performing really well and better than last year, OK? so if the chairman, after all the problems this company has been suffering from, manage to deliver a lowly geared and highly profitable C pro forma the restructuring program - he has not done a bad job. OK? the fact the company is burdened by the snap shot pension deficit is hardly mr Rollin´s fault, is it? without the pension issue these shares would be worth 100p+ subject to the disposal of Wipac. not a bad achievement.
baner
26/9/2019
15:06
@ Baner what else is there to understand other than since Mark Rollins joined the board, shareholders in Carclo Plc have suffered a 92% loss
gordongekko4
26/9/2019
14:02
gordongekko i do not think you have much understanding of this. smoking or not.
baner
26/9/2019
12:45
Does anyone here understand if the timetable is consistent with restating the accounts to treat Wipac as "operations held for sale" or something similar? i.e. if at end-July they took the decision to treat Wipac in this way, and then had to prepare accounts on that basis and get them audited, could it reasonably take 3 months? Or is it more likely that the delay has been about getting negotiations on Wipac sale sufficiently advanced that the auditors are prepared to sign off on presenting it as "held for sale", or even that strong likelihood of sale is required for them to sign off on "going concern" basis?
1gw
26/9/2019
12:38
This was effectively the update on the suspension: "Preparation and auditing of the accounts for the year ended 31 March 2019 has made good progress in recent days, with completion expected in the coming weeks." The suspension won't be lifted until the accounts are published (as I understand it) and that appears still to be several weeks away.
1gw
26/9/2019
12:31
Complete debacle all round then. I'm sure they at least are all getting well compensated with the usual excec packages... Would also have expected an update on the suspension yesterday but seems sadly missing.
kron76
26/9/2019
11:41
@ Baner - I would like to have some of what you must be smoking!!! Mark Rollins joined the Board of Carclo Plc in September 2017 when the share price was 140p. Two years later of Mark Rollins "doing an excellent job for shareholders" the shares are suspended at 10p. If it wasn't so desperately sad, I would be laughing at your comment. ONE CAN ONLY HOPE THAT MARK ROLLINS WILL NOT BE JOINING ANY OTHER PLC BOARD, LET ALONE BECOME CHAIRMAN, IN THE FUTURE.
gordongekko4
26/9/2019
11:39
Doesn't surprise!
kron76
26/9/2019
11:36
Kron76 - sadly all the individuals that turned down the Consort Medical bid @ 116 p still sit on the board of Carclo Plc.
gordongekko4
26/9/2019
10:19
Well I hope the proof is in the pudding then when we finally see this suspension lifted - not quite the £1+ offered and turned down by the board not too long ago. Was this turned down because they knew of the stink about to come down the line and tried to hide it? are all the individuals responsible for turning it down gone?
kron76
25/9/2019
21:24
mr rollins is doing an excellent job for shareholders - it is his predecessors who were complete clowns. had it not been for mark rollins, the company would have been bust by now. thanks to his efforts, this stock may trade at 30-50p as trading is re-commenced.
baner
25/9/2019
16:26
Would also really like to know who the 70+% of shareholders are who apparently voted to re-elect the numpty directors....
kron76
25/9/2019
15:57
Bad day at the AGM for the board, looking at the results.
1gw
25/9/2019
08:51
Yes agree ...there is life in this old dog.
meijiman
Chat Pages: 728  727  726  725  724  723  722  721  720  719  718  717  Older
Your Recent History
LSE
CAR
Carclo
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

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

P: V: D:20191020 19:26:24