Carclo Share Discussion Threads

[meijiman] 03/9/2015 12:30

'Nice boring' then! Certainly not without considerable growth potential -overall I'm positive here.I think if they get in front of a few institutions and run the story the share price will do what you expect.

[rivaldo] 03/9/2015 12:20

CAR is rather an exciting company imo at present - exactly the opposite to a "boring manufacturing company".

CAR showed 30% underlying EPS growth last year, and another 30% growth is expected this year with a further 20% next year.

I can see CAR trading on a P/E of 15-16 with a share price of say 190p-200p looking to next year's forecasts of 12.5p-13p EPS.

The LED division is in a fast-growing and highly profitable niche which is being fast expanded into additional areas. CTP is similarly placed in a healthcare/diagnostic space with growing and high recurring income, and is expanding across the world building on its excellent reputation.

Precision engineering is small relative to the other divisions, though nicely profitable.

Plus we have CDS in for free.

The LED and CTP divisions are just what the City loves - secure income streams for years ahead in growing sectors.

[illiswilgig] 03/9/2015 11:53

Shame to see the precision engineering will be a little behind this year, it's done very well in recent years.

With CTP on track to meet expectations, the LED division exceeding expectations will more than cover the shortfall from precision engineering. So overall it looks as if they are more than on track and managing expectations rather than getting too excited.

Very dull update on CDS - I get the feeling that this is really not flavour of the day at the moment and I think we're being steered towards seeing it as an outside chance of commercialisation. I'm happy with that.

Every reason to hold at the moment - it's been amazingly steady through the recent gyrations of the market. It's fairly rated on P/E of 13.6 for this years result but perhaps a little cheap at 11.2 on 2017 forecasts. There is already a lot of growth pencilled in, but should they do a little better than expected there could be a rerating in 2016,

cheers

[beeezzz] 03/9/2015 10:51

Singer hold reiteration;

[meijiman] 03/9/2015 10:32

Yes very acceptable. The lack of posts suggests -maybe -the company has now re-established itself as small boring manufacturing company-well off the radar.
Maybe no bad thing after the roller coaster years of touch screen. How poor 'wan' was regularly given the thumbs down -turned out he was totally correct.
Anyway happy to hold here and see some decent upside towards 200p. As for 500p again, I think I will be in my grave.

[rivaldo] 03/9/2015 07:27

Good, strong AGM statement today - trading nicely in line with expectations, plus CDS progressing steadily and in the share price for nothing:

[rivaldo] 20/8/2015 09:29

CAR have confirmed to me that the next trading statement is "likely to be" on the day of the AGM, i.e 3rd September.

Not long to wait.

[rivaldo] 18/8/2015 12:34

Published by the IC just now:



"Chart of the day: Lightning progress for LED technology
By Daniel Liberto , 18 August 2015

Light emitting diode (LED) technology is rapidly displacing traditional light sources and will account for 84 per cent of the overall market by 2020, according to consulting firm Frost & Sullivan. Because LEDs produce light using semiconductors, rather than filaments, governments have been keen to endorse them. They also last far longer than incandescent, halogen and fluorescent bulbs.

Frost & Sullivan estimates that the global LED lighting market grew 35 per cent to $32.3bn (£20.6bn) last year, and will more than double to $70bn by 2019. That means LED as a proportion of the total lighting market is set to near 50 per cent by the end of 2015 and reach 84 per cent by 2020.

That's great news for the likes of Carclo (CAR), Dialight (DIA) and FW Thorpe (TFW), each of which are at the forefront of the technology driving these more energy efficient products."

[rivaldo] 17/8/2015 10:59

The IMS could well be this week assuming there is one. The share price has certainly built nicely recently, and should continue to do so imo with the outlook for this year being so positive.

[dontay] 14/8/2015 17:41

Mmm... nice to see the CAR share price on the rise but no ims as yet. Still could get one next week I suppose... but got to wonder why not if they don't give one this year... there again there is probably a lot going on to occupy the BOD's minds at the mo!!! I notice the UNXL share price is now down to around 98 cents!

[rivaldo] 14/8/2015 10:19

Buying coming in at 150p has had a marked effect on the share price.

[rivaldo] 13/8/2015 09:56

MrAngry, I take it you mean the trading statements/IMS's have been on those dates in August - the interims are normally in November.

Any day soon anyway for the IMS (assuming there will be one given the change in the rules).

[wiwaxy] 13/8/2015 02:08

Bowls on the mind - 2 year bowls, short term salad bowls - or just trending up?

[mrangry2] 12/8/2015 22:30

Going back a few years, interims have been on 16th, 12th, 16th, 14th August.

[rivaldo] 11/8/2015 09:36

Moving up before hopefully a trading update coming this week.

[rivaldo] 06/8/2015 07:01

Hopefully so - as I say, last year's IMS was on 14th August, so not long to go assuming one is issued this year.

[wageslave] 03/8/2015 13:39

Run up to results?

[rivaldo] 30/7/2015 15:45

CAR issued a trading update last year on 14th August, and then an H1 trading update on 10th October.

The rules have changed, so it's not obligatory for companies to issue quarterly trading statements any more. Even so, it's not long until the half year.

The directors' recent share purchases at 146.94p are also encouraging given their usual parsimoniousness.

[wageslave] 30/7/2015 13:28

When are the results out?

[rivaldo] 30/7/2015 09:16

I'm hoping this year's results will be at worst in line with expectations of 10p-11p EPS, and at best perhaps significantly better.

Firstly, oil/gas/energy prices will be a huge component of CAR's costs, and these are going to be very significantly reduced this year.

Secondly, CAR's global footprint is a natural hedge against currency movements. Indeed, the pound's strength against the dollar, koruna etc may well mean much lower costs of production in sterling terms.

These factors are in addition to the great positivity shown in all of CAR's core divisions at present.

[rivaldo] 28/7/2015 14:35

UNXL have today announced they've sold the 1 millionth touch screen sensor from their (previously Atmel's) Colorado Springs facilty.....



"SANTA CLARA, Calif., July 28, 2015 /PRNewswire/ -- UniPixel, Inc. (UNXL), a provider of Performance Engineered Films™ to the touch screen and flexible electronics markets, announced today that during the current quarter it delivered the one millionth touch screen sensor produced at its Colorado Springs, Colorado manufacturing facility. The sensors were produced and delivered under purchase orders generated by both Atmel Corporation and UniPixel. UniPixel acquired the Colorado Springs facility from Atmel in mid-April 2015.

Mr. Jalil Shaikh, chief operating officer of UniPixel, said, "The shipment of the one millionth sensor from the Colorado Springs fab is an important milestone. It is a testament to the focus and dedication of the team in Colorado Springs to deliver solutions that meet our OEM customer's needs. I am confident that the innovation that originates in our Silicon Valley engineering group, coupled with the talent in our Texas material science lab, will continue to produce touch screen solutions that OEM manufacturers will seek to feature in their computing devices. Our goal is to build a manufacturing operation that is increasingly responsive to the needs of our customers in providing high quality touch screen technology that differentiates their products in their respective markets. We are pleased to have achieved this important milestone."

UniPixel's XTouch sensors support features such as narrow borders, curved touch surfaces and even edgeless touchscreens while achieving improved linearity, reliability and thinner sensor stacks. As an alternative to traditional touch sensors, XTouch provides the ability to turn unique touch-based concepts into functional designs at lower total system costs."

[rivaldo] 21/7/2015 14:16

UNXL news just out - rebranding XSense as XTouch. Let's see if this comes to anything.....



Extracts:

"The Company anticipates that XTouch will be especially well suited to address the segment of the market for larger screens, including notebooks, tablets and automotive touch screens"

"We are now engaged in a growing number of evaluations with potential customers to qualify our products"

[dontay] 17/7/2015 20:24

Hi beeezzz... your right buddy... it has gone very quite here! So have the share volumes! I'm slightly amazed that the share price has held up as good as it has.Also strange that O.M elected to buy CFD's. Sure looks like THEY might be hedging their bets!I'm not sure what to think about CDS. After making lots of noise about the market potential and how well the development trials for the kidney marker we're going... they drop it saying it was "a very small market and as such never represented an important potential revenue stream". Now they've moved to concentrate on developing only two devices... for the Infectious Disease (CRP) and Cardiac Care (Troponin-I) markets. They say there are "compelling motivations to continue these applications as not only are market size, likely market take-up and pricing high, but we have specific clinical advantages versus known competitive offerings". Now where have I heard that before! Let's hope they can bring those "clinical advantages" to market this time around!I expect Eight19 will continue to trundle along seemingly going nowhere very fast... there are loads of players trying to make a market in thin film photovoltaics.

[beeezzz] 17/7/2015 15:22

Dontay....Thanks mate....just the core business then for CAR, the medical division is still moving forward I imagine.

Interesting very complex process for photovoltaic...Eight19 wonder what's going to happen then ....they only recently raised £1m in funding, pay wages no doubt.

[dontay] 17/7/2015 13:13

beeezzz... "or since the demise of CIT has this gone the same way". IMO the answer is yes. I think you can forget about any further developments in thin film photovoltaics. CIT is now out of any kind of thin film printed electronics. It's joined the history books along with the much vaunted CDS kidney marker. Also in the last 12 months many companies in Asia and USA have admitted that the problems associated with developing thin film photovoltaic technology have so far proved impossible to overcome. Prices have dropped like a stone... many companies in the field are struggling and some have have given up or gone bust including a giant Asian company which had billions wiped off its value in a matter of hours due to the realisation that the attributes of thin film technology for use in photovoltaics are proving not to be as good or as revolutionary as previously thought.