Carclo Share Discussion Threads

[rivaldo] 10/5/2018 09:53

Cheers owenski. I'd say ACSO at around 50p, KWS at 130p, IQE at 20p, SDI at 8p-9p, VLE at 150p, SOM, PTSG, IMO, FDEV, RNWH etc etc have been reasonably good picks over a number of years......

I believe that CAR's two core divisions are worth considerably more than their current m/cap given their profitability and huge potential. In addition, the pension issue should fall away as yields improve.

CAR have made a series of strategic mistakes and have been subject to (imo) what will be a temporary aberration this last year, but despite all this the company remains extremely profitable - and potentially much more so in coming years given the growth in the medical sector and the push into mid-volume auto programmes.

[queeny2] 09/5/2018 17:35

Indeed meijiman that's always been one of the core issues with CTP. Same issue with the OEMs in led plus the history of that sector being especially periodically poor.

[yump] 09/5/2018 15:37

There are others. Some people obviously have a problem being negative even when their stocks turn bad.

[owenski] 09/5/2018 13:44

Rivaldo does seem to be in some pretty good stocks as a rule, I must admit I'm perplexed as to why he keeps banging the drum for this loser.

[yump] 09/5/2018 12:36

Surely that is normal behaviour for ADVFN posters ?

I mean, the fall in the IQE share price is due to a conspiracy and nothing to do with the exaggerated rise to a very high p/e, clearly backed by a whole pile of people, despite the company being at least 2 steps removed from the final customer and effectively a commodity supplier, replacing old tech. with new, in the hope that the replacement tech. will command a higher margin.

[gordongekko4] 09/5/2018 12:30

Is anyone else amused by the fact that rivaldo advertises and comments on any and every small buy that takes the share price up a notch, even calling it an uptrend (!!!), but when the share price falls 10% in a matter of 4 days rivaldo plays it down as irrational movements due to lack of liquidity. You are so full of ...., mate.

[meijiman] 09/5/2018 12:29

I think they are cheap for a reason -a series of all mighty mistakes over the past few years. There is no reason why they couldn't get a re-rating from being steady and delivering -maybe a bit like Trifast. A big issue for me is the pricing power they have with their main customers.

[queeny2] 09/5/2018 12:07

I tried and failed to short some in high 90's, not paying attention for that brief moment. Having had the 20%+ rally from the depths, with unexpected news possibility imho skewed to being bad not good, seemed like ok trade.

[rivaldo] 09/5/2018 11:58

CAR is an illiquid stock, and volumes are small. Any buyer or seller can affect the price disproportionately.

Vystra should underpin growth in CTP/Medical, whilst LED Technologies is expected to grow "significantly" given the commencement of the mid-volume car programmes which have been won.

CAR remain cheap imo on the revised numbers to March'18 and March'19 - and, more importantly, prospects for the two key divisions remain excellent.

[nick rubens] 09/5/2018 10:50

The results should be OK, but worries over trading going forward is what might be the cause of the seemingly weak share price.

Not holding any at the moment.

[nick rubens] 09/5/2018 08:46

Full Year Results due 5th June.

[rivaldo] 24/4/2018 13:43

A nice 10k buy at 100p has taken the share price above 100p now.

[re1dy] 20/4/2018 11:52

I'm no longer invested here but have in the past. Much was made in the past of a relationship with a medication inhalation device of which I was skeptical because of trends in prescribing which would make that product a new entrant amongst several others in a declining market(I work in a related field). This time the agreement to make disposable insulin pens for BD for use with biosimilar insulin looks like a much more interesting proposition. I'm out because of the missed forecasts and pension shortfall.

Paul

[queeny2] 20/4/2018 09:07

Fair enough Rivaldo, I agree that's what should happen.

[yump] 20/4/2018 08:46

Isn't anyone capable of talking their own book without distorting reality ?

80-100p was clearly a trading recovery buy, not a trend. There is nothing to support a trend based on CAR itself.

[queeny2] 20/4/2018 08:13

Good comments Rivaldo. I have one quibble, which is that I'm not clear they will meet analyst revised forecasts, all we can say for sure is that they confirmed the previous statement, which was 'substantially below' market forecasts and previous board expectations. If they've guided analysts to what they thought they would do, then fine, but the whole tone of the main warning statement, and sacking of FD, indicated to me that they (new chair) weren't at all certain about the scale of it. The one 'promise' they made was that the year just started would be better than they one just ended, which might even reinforce conservative treatment of y/e 3/18. But I could easily be wrong.

[garth] 20/4/2018 07:51

Just for the record, I got back in last week following a long time out. Debt still a concern for me.

G.

[rivaldo] 20/4/2018 07:37

:o))

CAR have moved up from 80p to almost 100p in the last 2 months. If all goes well that's just the start of the uptrend.

[yump] 20/4/2018 07:29

Uptrend ??!!

[yump] 19/4/2018 16:50

The reality is this, if you actually look at the eps over a sensible period, rather than just picking out the ones that look ok, you get a different picture:

5.5 -33.2 3.3 11.5 9.2 11.2

I admit to selling out. The only reason being that they talked of good year on year increase, referring to the 'rise' from 9.2p to 11.2p. That was the last straw for me, seeing as I (and the forecasters) were expecting a rise from 11.5.

There is no earthly reason for this to be on anything more than a p/e of 10 and given other businesses are on p/e's of only 12-15 and growing fairly reliably, imo 10 is pushing it a lot.

[queeny2] 19/4/2018 08:17

It's a vacuum until results in early June. Can go anywhere until that news.