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
  -3.25p -18.31% 14.50p 14.00p 15.00p 17.00p 12.45p 17.00p 756,116 16:35:02
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Chemicals 146.2 8.2 11.6 1.3 11.00

Carclo Share Discussion Threads

Showing 17801 to 17822 of 18100 messages
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DateSubjectAuthorDiscuss
29/8/2018
21:29
axxion keep buying now over 7%
9degrees
24/8/2018
18:53
One piece of negative news will send this tumbling, as track record of delivery and investor confidence are not positive. One piece of positive news will not cause a comparable jump in price, given lack of confidence. To rebuild that confidence will take a series of good news items. So for me this is a time to stand and watch ...especially after already having made 25% on this share when in the 120-160 range, and then baled before the fall. Nice to time one right :-)
bigtbigt
24/8/2018
13:26
Only a month ago the AGM statement read rather well, so backing CAR now is rather better than "blind": "Trading to date in the current financial year has been in line with the Board's expectations. Progress in securing new Automotive lighting and medical development contracts within LED Technologies and Technical Plastics has been good and is in line with our planned timescales. The implementation of our operational improvement plans is well underway and encouraging progress has been made."
rivaldo
24/8/2018
13:22
Here's a foolish forecast of events for the next 12 months: New chairman isn't there for show. Strategic review (already flagged) of the two core businesses, decision made to keep both. Main reason that the company would be even tinier if it didn't, and having two unconnected businesses does provide some kind of safety against mishaps in either one. Stated reason good prospects in both. CEO given a year to fix CTP after which he is replaced. Shares suffer another downleg as some hit to profits from the takeover process and some exceptionals resulting from strategic review, in an environment where they haven't yet regained any meaningful shareholder support, where market a bit worried about what Consort found that sent them running. I'd PROBABLY rather pay 110p in a year's time than 90p now when all of that has passed and clarity has emerged. Not unreasonable to say that they are terribly cheap now and you want to back the new management of Chair and FD, but it is blind at the moment. And the prospect of a dividend would work wonders imho.
queeny2
24/8/2018
09:41
Just for those with long memories: I still use my HP Omni 10 and following installation of Windows 10 it zips along.
backwoodsman
23/8/2018
09:50
We are where we were before the bid, with two 'negatives' and one 'positive' Positive - someone thought the company was worth well north of current share price Negative 1 - they then decided it wasn't Negative 2 - management spent several weeks with eyes at least partially off the ball Where we were, to remind, is that the board were concerned that CTP's underlying steady state profitability was very low, the numbers were flattered by tooling contracts. And the FD was sacked. The upside rivaldo refers to lies in fixing that.
queeny2
23/8/2018
09:09
if they don't deliver, the board will be in the firing line
davemac3
14/8/2018
09:21
Good to see the newly appointed FD buying a maiden £20,000 purchase of shares at 96p - the FD usually earns by far the lowest of the executive directors, so it's a reasonable early show of confidence: Https://www.investegate.co.uk/carclo-plc--car-/rns/director-pdmr-shareholding/201808131139266232X/ The statement in the news I posted that CAR have "won significant new business in the healthcare, medical diagnostics and eyecare fields during 2017/18" tallies with the recent AGM statement and the improved outlook in the results. CAR now have to deliver. If they do, there's lots of upside here. If not, the share price will continue to languish. The FD's share purchase is another small promising indicator.
rivaldo
13/8/2018
13:52
I’m not sure a maiden purchase on that scale counts as a positive sign at all..£20k falls firmly into ‘token gesture’ territory given her likely pay package..but at least it wasn’t a sell..
rhomboid
13/8/2018
12:56
Regarding more new significant business won by Carclo... Are we still not waiting to see the award of the last new significant business. Is the failure of this to come to fruition not the reason for the profit warnings? The only new news is Carclo are going to a Tradeshow the rest is old news and fluff.
prime investor
13/8/2018
12:41
The group Finance Director buys 20.45k shares, is she insane!
ansc
13/8/2018
10:52
News - this extract sounds reassuring: "Carclo has won significant new business in the healthcare, medical diagnostics and eyecare fields during 2017/18" Http://www.carclo-ctp.co.uk/media-centre/press-releases/25-07-2018.aspx "Carclo announces Compamed attendance 25 Jul 2018 London (UK), 25 July 2018: Carclo Technical Plastics announces that it will be exhibiting at the Compamed exhibition in Dusseldorf, Germany, 12-15 November 2018, on stand no 8AS19. Carclo has recently expanded its medical operations in its US, UK, Czech Republic, China and India facilities as it continues its strategy of increasing its contract manufacturing business globally. Underpinned by its EN13485 accreditation, Carclo has won significant new business in the healthcare, medical diagnostics and eyecare fields during 2017/18. Commenting, Divisional Chief Executive Officer Robert Stutzman stated “Carclo Technical Plastics has aggressive plans to continue developing our medical business, supported by Carclo’s engineering skills, global footprint and financial stability. Compamed, co-located with the renowned Medica tradeshow, is one of our prime marketing activities and we invite all customers and prospective customers to meet with us during the week.” Carclo’s clients range from globally-located divisions of major healthcare corporations to start-up companies who are developing products for the innovative yet highly-regulated medical industry. Products include medical and surgical disposables, drug delivery devices, reagent packs and diagnostic devices and ophthalmic equipment and consumables. Carclo Technical Plastics currently has manufacturing facilities in Eastern and Western USA; London, UK; Brno, Czech Republic; Shanghai, China, and Bangalore, India. The business increasingly adds value to its customers by assembling and packaging finished devices for the medical sector."
rivaldo
10/8/2018
12:45
1gw agree again. And they have some handy losses to use up :)The new chairman should indeed bring some focus coupled with the crash course in valuation. Senior I assume was diversified but whether to the zero synergy extent of little sub scale Carclo I don't know.
queeny2
10/8/2018
08:37
Axxion continue to buy per yesterday's RNS - now up to 4.66m shares: Http://uk.advfn.com/stock-market/london/carclo-CAR/share-news/Axxion-S-A-Form-8-3-Carclo-plc/78039218
rivaldo
09/8/2018
22:05
1gw:-I have now had a look at p21 Thanks - - Initial reaction is that very similar boiler plate to many risk managment statements from other companies with international business - CAR specific points have been slotted in - 1/3rd of UK situs revenue could be at risk from Brexit but no indication as to whether this is at risk from tariffs or quality certification. Again while 2/3rds of UK revenue is from the UK no idication as to what proportion of their coustomers revenue could be at risk and hence a knock-on risk- Overall impression of the risk statement is that it is very much a box ticking exercise - all risk factors covered but shareholders rather left in the dark in terms of quantification. I suspect the Board are as much in the dark as most economists, politicians and even the Bank of England !!- Conclusion - Would not pay more for stock that a p/e of 8 to 9 - Possibly less given the pension liabilities.
pugugly
09/8/2018
20:07
One thing the Consort experience should have done is give the board a much better insight into how their competitors/peers view and value Carclo. This should include a reasonable understanding now of how a CTP competitor/peer would assess Wipac, and perhaps also how a Wipac competitor/peer might assess Wipac (assuming they did sound out one or two, or at least got their advisors to do some serious analysis on the subject). I wonder if the board might now push the executive to re-examine the logic for keeping Wipac and CTP together (if there is any beyond having a bigger business to run). Would shareholders ultimately be better served by splitting the businesses as this would make it easier to achieve fair value for each one? Either spin off one if the two are viable as independent businesses or simply run a sale process for the smaller one - especially if they have already kicked off some work on this as part of the defence preparations.
1gw
09/8/2018
19:55
Carclo's own spin on the issue (Political uncertainty including Brexit) is on page 21 of the AR.
1gw
09/8/2018
18:37
Worth a check of revenue segmentation in 2018 accounts - see page 79 Only £40M in UK £45m North America £60M rest of world (probably imo mainly EU) I have not been able to find the production breakdown in these areas (it may be there but 116 pages!!) So potentially at high risk from Brexit and US tariffs from Trump's hissie fits. Or am I being paranoid?
pugugly
09/8/2018
17:48
1gw yes agree
queeny2
09/8/2018
17:39
You may be right about a white knight struggling to find more value than Consort but to my mind Consort was always an unlikely acquirer with 100% of their business in healthcare and the Carclo portfolio of product much more diverse with their key growth market in automotive. I think we may yet be surprised at the attraction of this business if they can manage their operating margins more effectively which would appear work in progress. The pension deficit should look after itself in the medium term.
remslie
09/8/2018
11:15
Speculation of course, but my guess would be that Consort overstretched themselves with the 13th July offer in order to get talking to Carclo. Carclo had said they would be prepared to discuss a proposal that they would be minded to recommend to shareholders so given they were discussing the 13th July proposal I think that must have been worth around 130p or more (given the 116p proposal was rejected out of hand). The Consort share price had fallen a bit between their proposals, so the "cost" to them in Consort shares would have gone up more than the headline price difference in the proposals. With Consort now presumably having seen the books, I think the Consort walk-away is telling us that Consort don't believe they can make a reasonable return on their investment in Carclo at their 13th July proposal level. I don't think the strategic benefits would have changed so I think that's down to the perceived value of synergies, maybe the resale value of Wipac and maybe also further thought about the pension deficit. Given the synergies aren't available to Carclo on a standalone basis, that would seem to put a medium-term cap on the value of Carclo, unless they can achieve significantly more value from Wipac than was implicit in the Consort proposal. Equally, for reasons discussed on this board before, it's quite difficult to see a white knight seeing much more value in Carclo than Consort could. Since we don't know the level of the Consort revised proposal, it's difficult to say what that cap is. But we can fall back perhaps on the 2nd July Carclo statement that the 116p proposal "in no way reflected the fundamental value of the Company". So now I imagine institutional holders will be putting pressure on the Carclo board to take actions in the near term which get the share price closer to that fundamental value that the board claim to see. It's good to see that Axxion continued to buy post deal-collapse, buying on both the 7th and yesterday. It would be nice to see other shareholders and indeed the board themselves showing confidence in the board's valuation and adding to their holdings while the shareprice remains below 116p.
1gw
08/8/2018
14:56
I now understand. I'm new here and trying to learn. n.b. yes they were 8.5s!
thelongterm
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