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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
  +0.70p +2.22% 32.20p 31.50p 32.90p 31.60p 31.40p 31.40p 57,138 16:35:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Chemicals 146.2 8.2 11.6 2.8 23.60

Carclo Share Discussion Threads

Showing 17901 to 17922 of 18075 messages
Chat Pages: 723  722  721  720  719  718  717  716  715  714  713  712  Older
DateSubjectAuthorDiscuss
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
11/1/2019
09:31
I could be wrong but if they're not fulfilling agreed delivery quotas I'd hazard a guess they'll face financial penalties, also I'd imagine they'll lose business over this as manufacturers tend to multiple source components exactly for this kind of situation. Dont think they're out of the woods here. Bargepole stock.
owenski
11/1/2019
09:22
Just sold my entire holding, which was quite small. Having looked at their last accounts (Sep-18) I see their £30M bank loan was fully drawn AND £14.9M of the £15M overdraft was also drawn. They still had £11M cash but it's getting too uncomfortable for me. Sounds like they are spending a lot of money on consultants, etc and this combined with the risk of less money coming in due to programme delays. Probably not a really urgent issue yet but I was stung with Carillion, which also wasn't in trouble, until it was. Now too risky for me, so I'm out. Best of luck for all remaining holders.
kiwihope
11/1/2019
08:33
2012 ...500p !! --- EPS..same as H1 phps.but only if you believe that the extra costs are 1 offs ....the bad perf. & size of the debt puts me off buying any. --- 40M cap value after the share price fall today... ...similar order of magnitude to the debt....not pretty/good imo
smithie6
11/1/2019
08:29
small volume problems for/at WIPAC car headlights phps due to giving fixed price for completed new products & having problems during development (but surely Wipac should know all about it ?!) ....making new things...often produces problems but if it is technical or production problems I cant see that the MD of the grp is the person to fix that ...maybe he is going to try to better ctrl contract wording & risks & try to get CAR to shoulder less & the customer...more. (& surely Wipac are experts in the field ??) (glad I never bt any ....I dont like UK cos that make anything physical !! ....due to obvious long term competition from cheaper countries)
smithie6
11/1/2019
08:22
Try to sell ctp to Consort and focus on turning round wipro themselves? Who remembers how Carclo described Consort's (non-binding) proposal of 116p per share?
1gw
11/1/2019
08:16
it does look like the board don't know how to run a company but do know how to erode shareholder value
davemac3
11/1/2019
08:10
well well well who would have thought it? - another slight stumble forward and a crash back!I have been patient for more years than I can remember but this ? sounds like a complete naivety of business planning and process
9degrees
11/1/2019
08:06
that's telling them
davemac3
11/1/2019
07:46
It's because of the debt that I won't buy the shares. I did buy a few briefly but then got nervous and sold for a small profit.
arthur_lame_stocks
11/1/2019
07:43
But how are they going to pay down the debt?
elsa7878
11/1/2019
07:32
Well Queenys missing profit warning has finally been found! I guess it was hiding under the CEO's desk all along.
illiswilgig
11/1/2019
07:29
Not impressed!
davemac3
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P: V: D:20190527 12:04:21