Carclo Share Discussion Threads

[beeezzz] 23/7/2024 16:18

Well selling really accelerated towards end of day, plenty of 25k sells which must be max per trade.

[1gw] 23/7/2024 15:08

What a chart! Who'd have thought we'd get another run up like this? Maybe Wigwammer perhaps, but anyone else?

[beeezzz] 23/7/2024 14:24

Come on I only need 32p

[queenbreguet] 23/7/2024 14:07

Lovely jubbly

[queenbreguet] 23/7/2024 14:06

Lovely jubbly

[2magpies] 23/7/2024 13:04

Amazing rise.

RSI a tad overbought though -- and a couple of 'gaps' on the chart ...but does it matter?

[rivaldo] 23/7/2024 12:22

Intriguing to see a couple of insiders - a divisional CEO and an NED (via her spouse) - buying shares even after the recent rise per the RNS just out:



Not exactly huge amounts, but it certainly sends an interesting signal.

[arthur_lame_stocks] 23/7/2024 00:04

Those that can,do. Those that can't, teach.

[wigwammer] 22/7/2024 22:55

The current cash flows cover interest and pension charges, with any future excess falling into the laps of shareholders. Given this a growth industry and the margin recovery story is gaining momentum, that excess could be substantial... All of this was explained to the doubters at circa 10p - they didn't get it then and they won't get it now. But thanks for the cheap shares.. ATB

[mesquida] 22/7/2024 18:13

No, i have never ticked anybody , to be honest i wouldn't know how to !

[beeezzz] 22/7/2024 18:07

I have to disappoint you 'mes' holding 50,000 shares in my Sipp, I'll just be able to draw down the minimum before tax by the looks of it...depends on Labour, who like to tax those who have tried to be self sufficient..

I assume you are the red tick down merchant....

[mesquida] 22/7/2024 17:46

I assume that you are not invested here, beeezzz ?

[beeezzz] 22/7/2024 16:27

Pension liabilities are ball and chain dragging Carclo's profits down, they were too slow in closing final salary scheme, probably not in the then CEO's interest, I bet he is laughing now, coining it in while shareholders suffer..Such is life, always look after no1..

Only needs a big drop in Pension income that will kill off Carclo...IMO, with Labour in charge anything is possible...

[arthur_lame_stocks] 22/7/2024 11:52

HH

Maybe, but I can't remember the last time this business had a genuinely successful year, you've probably got to go back to the Gorilla Glass days.

That said if they can consistently turn over <£100m there's probably something worth saving.

[hopeful holder] 22/7/2024 11:52

Extra from final results shows improving picture re coach / margin. · Underlying operating profit from continuing operations was £6.6m (FY23: £5.9m). · Cash generated from operations was £15.6m (FY23: £7.8m). · Statutory operating profit from continuing operations was £1.8m (FY23: £1.2m). This was done from less revenue so a good picture from a cash perspective

[zaksab] 22/7/2024 11:44

great share right now

[hopeful holder] 22/7/2024 11:42

They generate little free cash, but plenty of work streams in place to improve efficiency and margins. That is where the value is at going forwards and why I have invested.If they were producing a swathe of free cash then this share would be much higher with less opportunity to increase.It comes down to whether you believe they will do what they have planned = increase in share price or not.I don't disagree with you entirely but the aim of selecting individual shares for undervalue / underperforming with a potential reversal of that is why we are here. We both are looking at this in a similar way but I see value value going forwards.It's always a risk but this feels a reasonable one to take.

[arthur_lame_stocks] 22/7/2024 10:05

The problem remains that fundamentally because of the state of the balance sheet they don't generate any free cash flow.

[hopeful holder] 22/7/2024 09:58

Maybe take a slower look and take some time to see all the changes made and making. Then it's your money your choice.

[arthur_lame_stocks] 22/7/2024 09:42

I've just taken a quick look at these and I reckon CR has probably got this one wrong, I just can't see any point in buying the shares.

[mesquida] 22/7/2024 07:56

Almost looks as though it has been tipped somewhere ?

[rivaldo] 22/7/2024 07:20

Agreed HH. It appears that at last CAR have management with a sensible strategy and a plan for growth.

Good to see a series of small buys this morning at steadily increasing prices, the latest being at 22.7p and 22.8p.

[hopeful holder] 20/7/2024 12:57

I bought more after the presentation. A slow burn and if they continue the steps to improve the business margins etc, I do see good steady (not fast) growth here. One to tuck away for 12 months