Share Name Share Symbol Market Type Share ISIN Share Description
Carclo 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% 144.75p 136.00p 145.00p - - - 4,243 10:24:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Chemicals 138.3 10.5 11.5 12.6 106.08

Carclo Share Discussion Threads

Showing 17326 to 17350 of 17350 messages
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DateSubjectAuthorDiscuss
15/9/2017
09:45
Tipped on T.M.F: Http://www.fool.co.uk/investing/2017/09/14/2-under-the-radar-stocks-id-consider-right-now/ "Luxury car market Carclo (LSE: CAR) is another specialist small-cap firm that’s no stranger to the luxury car market. I last looked at the technical plastic products supplier back in April when I rated the shares a buy. But after a mixed trading update, am I still bullish on the West Yorkshire business? In its most recent update, Carclo revealed that overall trading for the current financial year to March 2018 remains in line with expectations, with strong trading at its LED Technologies division which provides lighting for top of the range luxury cars such as Aston Martin, Lamborghini and McLaren. Technology-led But the Technical Plastics division had a challenging start to the financial year with new programmes being delayed and some operational challenges, which have now been largely resolved. Performance is now much improved and should be considerably better in the second half. Carclo’s share price has pulled back sharply since peaking in June, and I believe this presents investors with another opportunity to stake a claim in this exciting technology-led business. Trading on a forward P/E rating of less than 11, I think the shares are simply too cheap for bargain hunters to ignore."
rivaldo
13/9/2017
12:46
rivaldo: Thanks re your 522 .
pugugly
13/9/2017
09:32
FYI here's all the latest forecasts. Consensus is 12.76p EPS this year and 15.31p EPS next year. That's a P/E of only 10.9 falling to 9.1. And the PEG is just 0.54, making CAR extremely good value. 2018 2019 Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p) N+1 Singer 12-09-17 BUY 12.30 12.50 15.00 15.04 Peel Hunt 12-09-17 BUY 12.68 12.99 15.39 15.56 2.00 FinnCap 12-09-17 HOLD 12.30 12.60 14.80 15.20 Edison 07-09-17 None 12.50 12.90 14.98 15.20 3.90 Equity Development 07-09-17 None 12.36 12.80 15.02 15.50 1.50
rivaldo
12/9/2017
08:40
Hi illis.You'll have seen my posts above, but two negatives (obviously!) on your comment.The milder negative is that CTP isn't supposed to slip, never has iirc, and they boast about its product programmes timing certainty in presentations. So I watch that, as it's new. Derivative of that, they've expanded capacity a decent amount recently so not great timing to have slippage?The stronger one is that they don't say they've solved the operational issues, I forget the wording but partially or largely solved? (And what are they?)Anyway we shall see in mid October what they say on H1 and whether they can still hold full year as expected. By no means probable imho.(On the back burner I'm still suspicious of their last acquisition.)
queeny2
11/9/2017
18:40
Hmmm, missed all the excitement! Still back now and plenty of time to mull it over. First impression is: Typical Carclo. Very good news from LED, better than I'd expected and even the old soldier Aerospace looking perky as well. But ooops. CTP managed to search out a banana skin. Who'd a believed it? Really not enough information in this statement to make a judgement on the seriousness of the issues. Delayed start to programs is one thing, but I've never liked the 'oh we had some operational issues but its all fixed now' kind of thing. All too often it's not that simple. I'd like to believe that won't happen here but without more information its very hard to know whats going on. Sitting on hands time. If it drifts lower I might have a little bite of a few more, cheers Illis
illiswilgig
11/9/2017
11:21
Peel Hunt have reiterated their Buy and 200p target for CAR: Https://ledgergazette.com/2017/09/09/carclo-plc-car-stock-rating-reaffirmed-by-peel-hunt.html
rivaldo
08/9/2017
14:24
Edmonda's post is from yesterday's Equity Development report, which is here: Https://www.equitydevelopment.co.uk/edreader/?d=%3D%3DQNzMjM
rivaldo
08/9/2017
13:49
edmonda - thanks
queeny2
08/9/2017
12:27
edmonda: Can you advise which broker's note ?
pugugly
08/9/2017
12:11
CAR deserves a bounce, particularly after director buying indicates support from that direction. However, I think we're going to go through a tough patch as a result of undisciplined ineffective and chaotic Brexit talks and plans from our current incompetent government; and with no hope of a better one coming along. So ... I'll hold, and wait for what should be future growth: but I won't be allocating much more, if any, to UK companies than I already have. The grass is far greener ...
andrewbaker
08/9/2017
11:58
Good to see the CEO buying £20,000 of CAR shares at 141.4p - I suspect this is his ISA contribution for the year.... Https://www.investegate.co.uk/carclo-plc--car-/rns/director-pdmr-shareholding/201709081144362502Q/
rivaldo
08/9/2017
10:00
On track for FY18 with strong H2 expected Carclo is a leading global designer and contract manufacturer (FY17 sales 70% non-UK) of fine tolerance and often mission/safety critical components for the medical (46%), optics (5%), aerospace (5%) and luxury/supercar (27%) markets. One of Carclo’s many attractions is its broad spread of activities, spanning multiple geographies, technologies and vertical markets. When one division stumbles another picks up the baton. And so it has proved today, with the group saying this morning that it is “on track” to hit FY18 numbers, despite experiencing some H1 “challenges221; in Technical Plastics (re: program delays and operational difficulties) on top of temporary weakness in Aerospace demand. Better still, the vast majority of revenues are tied to long-cycle products, high client retention and OEM platforms with typical life-spans of between 5-20 years. Hence providing excellent forward visibility, with underlying H1 vs H2 PBT likely to be split circa 1/3rd : 2/3rds this year. Consequently, there is no change to our adjusted EBIT forecast for this year (£14.3m) and next (£16.9m). In terms of valuation, we believe the stock (at 155p) remains cheap, trading on CY PER and EV/EBIT multiples of 12.1x and 9.9x respectively vs peer averages of around 20x and 16x (see below). This also compares favourably with our 200p/share sum-of-the-parts: calculated using FY21 EV/EBIT multiples of 14x for Technical Plastics (64% FY17 sales), 12.2x LED Tech (31%) and 10x Aerospace (5%), discounted back at 12%, and adjusted for central overheads, the pension deficit and net debt.
edmonda
08/9/2017
00:10
Oh how stressful it is to choose to live by half-year results deadlines.
yump
07/9/2017
17:50
Closed above 140 so support seems to be holding - Will have to wait to see trade action tomorow - Brokers still positive Date Broker Recommendation Price Old target price New target price Notes 07 Sep 17 Peel Hunt Buy 142.50 200.00 200.00 Reiterates 07 Sep 17 finnCap Hold 142.50 165.00 165.00 Downgrades Peel Hunt house broker - So rose tinted glasses (imo) David Buxton finnCap usually fairly reliable but sometimes trends to best case scenario.
pugugly
07/9/2017
16:58
June: "Current strategy builds high future demand visibility due to the complexity of our manufacturing processes and the product validations - once customers are committed to the early phases, projects rarely shift"That's a profit warning today, for H1. Profit warnings generally come in threes, so goes the old saying anyway.Intrigued by the operational issues, has anyone seen any research updates that point to what these might be?Trading update mid October, H1 results mid November.
queeny2
07/9/2017
16:19
Today's trading showed lots of buying on AT and OK trades, and lots of smaller selling via O trades. I thought this was very telling. It indicates that institutional investors have been topping up, whilst PIs have been panicked out. The company has guided towards meeting expectations. One division outperforming and one underperforming strikes me as perfectly fine overall given that the latter is now improving. The market looks forward, not backwards. I suspect a bounce may be quick if the outlook in the interims confirms the bullish scenario for H2.
rivaldo
07/9/2017
14:03
Owenski re leaky, certainly looks it.
queeny2
07/9/2017
13:58
Covering analysts are guided by the same company that didn't guide on the recent mixed message at the last results. This share price has had a ceiling on it in the 170 area for the last three years. Todays share price reaction and the moves prior to today show the market aint impressed. Value's relative, if it aint being bought then it's dead money or a loss, until market viewpoint changes. Meantime, no guarantee they wont disappoint again.
owenski
07/9/2017
12:49
The news was mixed. One division is thriving, the other has had some delays. So H2 will be more important this year. But the company have guided they will meet expectations. And all covering analysts have maintained their forecasts. IMO this reflects the high level of confidence in the market in the management. In the meantime the company is even better value on a P/E of 11 and a forward P/E of 9.
rivaldo
07/9/2017
11:45
This started moving down sharpish a few days prior to results, talk about a leaky ship. It doesn't matter who maintains what forecast. That statement contained unwelcome news.
owenski
07/9/2017
11:43
Equity Development have also maintained their forecasts. They go for 12.8p EPS this year and 15.5p EPS next year. For the subsequent two years they go for 17.6p EPS and 19.9p EPS. They also believe the stock is worth 200p per share on sum of the parts, and "possibly a lot more" with predatory interest. The visibility I talked about is referred to in their report, with "the vast majority" of revenues tied to "long-cycle products, high client retention and OEM platforms with typical life-spans of between 5-20 years".
rivaldo
07/9/2017
10:47
Pension liabilities are becoming a millstone round companies necks....I could see this happening, Bill Gross has been warning with zero interest rates financial institutions are going bankrupt slowly but surely.. This highlights the problems facing company pension schemes, at some stage pensions will have to reduced to enable funding to continue, otherwise capital will have to be used to make up the short fall... hTtp://citywire.co.uk/money/carclo-cut-highlights-brexit-pensions-pressure-on-dividends/a945536
beeezzz
07/9/2017
10:43
Finncap have maintained their forecasts and their 165p target. They currently go for 12.6p EPS this year and 15.2p EPS next year. They note that their price target is less than 10% from their "current" 155p share price, which is why for the moment they go to Hold from Buy. Of course the share price is now 143.5p. So perhaps tomorrow they'll move back to Buy!
rivaldo
07/9/2017
10:34
Carclo Plc CUT to HOLD at Finncap
gordongekko4
07/9/2017
10:29
kazoom - just seen yours. Snap.
queeny2
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