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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
  -4.00p -7.69% 48.00p 47.00p 49.00p 53.00p 47.00p 50.60p 316,761 16:35:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Chemicals 146.2 8.2 11.6 4.1 35.18

Carclo Share Discussion Threads

Showing 17901 to 17922 of 17925 messages
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DateSubjectAuthorDiscuss
17/1/2019
17:16
Ah ok I hadn't come across them before. Good luck to them. I'd say no chance of getting any other shareholders particularly excited about lobbying for ... what exactly? A better run company maybe. But they have a new chair, new fd, and shortly new ceo anyway. If they can afford 3% of Menzies they can afford 20% of this!
queeny2
16/1/2019
22:08
queeny - quite right about Lakestreet buying in during the takeover period, I'd forgotten. Through the dealing declarations they got to 3.43% on 18th July according to my spreadsheet, so today's declaration at 4.03% means they've only added 0.6% since then. But I've seen them as activists (e.g. in Mnzs), not just arb players (edit: and in fact I don't have a record of them selling Consort so I don't know that they were trying to arb the Carclo-Consort situation), so I am hopeful that they will continue buying and that they will be lobbying the board and/or other shareholders for specific structural changes (e.g. sale / split) they think might recoup a bit of the loss they must be sitting on. Here's a link to where they got involved in mnzs: hTtps://www.telegraph.co.uk/finance/newsbysector/supportservices/11573054/John-Menzies-targeted-by-activist-investor-for-break-up.html
1gw
16/1/2019
17:16
I was just reading the trading statement again and it reads to me that the LED division took on more business than it could handle and the faliure to deliver has damaged customer relationships. I guess it could take time to rebuild that trust.
arthur_lame_stocks
16/1/2019
13:53
Iirc they're the stale arb who bought in heavily during the bid. Now enjoying the roach motel nature of their investment.
queeny2
16/1/2019
13:33
Lakestreet - so that's an activist taking a position isn't it? Here's hoping.
1gw
12/1/2019
12:03
The new chair, now executive chair, plus new fd, was supposed to be exactly this, they've been there six months.Absolutely agree re contract manufacturer should be able to manufacture and deliver to contract. Still cross about their dishonesty in October trading statement and half year results. Terrible start for the two new brooms, very confidence shaking (not that I had any, but was prepared to give new two benefit of some time).
queeny2
12/1/2019
09:27
Rivaldo, I've always thought this stock was some sort of Achilles heel for you. I always have a look at what stocks you are involved in as I rate you quite highly as a stock picker, but you've banged the gong on this dog for quite a while and I've never understood why. Still, in fairness I've been in some dogs in my time, not everything works out as we'd hope. Best wishes.
owenski
12/1/2019
09:23
For me the interesting potential was some time back when they were involved with touch screens. That turned out to be a dud and consumed a lot of time and energy. The bargepole moment came when they axed the divi over pension funding obligations. Until they reinstated the divi and thus showed healthy cash flow flowing back to investors, I simply wouldn't touch it. Finally, being that at heart this is actually a contract manufacturer and they cant seem to do their core offering I'd argue there is some kind of systemic incompetency within the BoD at CAR and until they are replaced with some industry experienced players it remains a bargepole stock.
owenski
12/1/2019
09:14
Can't see any half decent ceo type wanting to come here with the ex ceo clown lurking down the corridor. An utterly shambolic company. At least one of the non-execs has some credibility-wonder if he could help get a grip on this mess.
meijiman
11/1/2019
23:19
Curiosity brought me here. Knowing nothing whatsoever about the company I just clicked on the thread. Just my thoughts after looking at the drop, an often familiar tale. How do these companies do this? years of business and obviously profits and then the rot sets in. and something that was highly successful and promising turns so cack so quickly. reminds me slightly of jarvis years ago probably late 90's actually.
cashflo
11/1/2019
22:44
The bid defence does look comical now. New Chair, same company.
queeny2
11/1/2019
13:10
Excellent summary from Paul Scott on Stockopedia Small Cap today . Only for turnround specialists , debt and PF deficit puts him off , but freehold props will keep the Banks happy so he does not see this going bust . Management has zero credibility so a cheap bid could secure , perfect for Private Equity turnround specialist .
bench2
11/1/2019
13:02
good point! So disappointed. Been in these for years
robow
11/1/2019
12:39
maybe this thread ("Global expansion in a growing market" ) needs a new title !
smithie6
11/1/2019
12:23
For the record, Peel Hunt's new target price is 80p, and they summarise as follows: "We have cut our Mar’19 PBT by 33% to £7.0m and recognise that a number of project milestones and new programme awards are required in the final quarter. It also assumes that any one-off costs associated with reorganising the Wipac operation and rectifying its performance are treated as exceptional costs. We have cut our Mar’20 PBT by 38% to £7.5m. We feel it is prudent at this stage to assume no overall improvement Wipac profits next year but anticipate continued growth in Technical Plastics and a stable performance in Aerospace."
rivaldo
11/1/2019
11:20
It certainly was! I was not expecting wipac to blow up p/l wise, and certainly not through inability to deliver into growing orders (I'll read again, but that's the far distant silver lining).
queeny2
11/1/2019
11:16
Somewhat redundant now, but Consort didn't walk, they ran.
queeny2
11/1/2019
10:34
ugh after 10 years I am out - what a disaster this has been . The products are good but there are just too many expensive problems to sort out . Go bust and sell the products to someone who can manage them profitably .So so sad - visited factory over 5 years ago and was impressed but they go backwards at every hurdle
9degrees
11/1/2019
10:25
Takeover now unlikely (imo) Cheaper to pick up the bits you want form the receiver. An ex CAR holder -
pugugly
11/1/2019
10:02
....CAR is now perhaps an option as a recovery buy ...is TRAK a better recovery buy phps ? ...its share price fell a much bigger % on last warning since it was at risk of going bust due to its debt....which it then fixed with a cash raise via new shares CAR looks a higher risk than TRAK since CAR has a lot of debt...& the MD giving up his MD role to head up the problem subsidiary infers imo that the problems are on-going & serious & if CAR was to do an emergency cash raise to reduce that debt & keep the lenders happy then one assumes it would be at a lower price in order to 'get it away'....while at TRAK they've already done their emergency cash raise Any views ?
smithie6
11/1/2019
09:54
Yes. I've never been happy with the debt, lack of cash flow and pension funding commitments. My conclusion before this was that the co needed something to go right and nothing more to go wrong after the eerily similar CTP disaster. I am not sure if anything has gone right but something has certainly gone wrong. Selling up even at a shocking 50p is probably the wise thing to do. I think both divisions remain good businesses in their own right, even after their recent knockbacks - but both are hamstrung by the debts and lack of resource to fund growth at group level. Could prove fatal - I admit I am very unsure of which way this will go. cheers
illiswilgig
11/1/2019
09:54
Yet again, Carclo has heavily disappointed. Bottom line is the management are no good, and hence neither is the business. This is not a business that can be run by monkeys, yet they appear to be at the helm. I shall dispose of my holdings over time at as good a price as I can get, and if today's drop extends, may just sell at any price to stop the rot.
andrewbaker
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P: V: D:20190117 19:17:34