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CAR Carclo Plc

23.80
-0.20 (-0.83%)
19 Mar 2025 - Closed
Delayed by 15 minutes
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 Shares Traded Last Trade
  -0.20 -0.83% 23.80 233,050 16:35:28
Bid Price Offer Price High Price Low Price Open Price
23.20 24.40 23.20 23.00 23.20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Plastics,resins,elastomers 132.96M -3.3M -0.0449 -5.17 17.62M
Last Trade Time Trade Type Trade Size Trade Price Currency
17:07:12 O 100,000 23.80 GBX

Carclo (CAR) Latest News

Carclo (CAR) Discussions and Chat

Carclo (CAR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
17:07:1323.80100,00023,800.00O
15:35:5023.341,925449.30O
15:35:0023.34445103.86O
15:28:2823.20214.87AT
15:04:5723.2030069.60O

Carclo (CAR) Top Chat Posts

Top Posts
Posted at 19/3/2025 08:20 by Carclo Daily Update
Carclo Plc is listed in the Plastics,resins,elastomers sector of the London Stock Exchange with ticker CAR. The last closing price for Carclo was 24p.
Carclo currently has 73,419,193 shares in issue. The market capitalisation of Carclo is £17,033,253.
Carclo has a price to earnings ratio (PE ratio) of -5.17.
This morning CAR shares opened at 23.20p
Posted at 17/3/2025 18:09 by mesquida
Example of delayed trade report, just before the Bell today, 100,000 @ 23.8, was actually done on Friday, at that price it must have been a buy. This sort of activity has been going on for at least two weeks now.
Posted at 17/3/2025 12:16 by saadia110
Agree the chart is setting up nicely after the two buy signals in February. If we close at 24p today and go towards 25p/26p level in the coming days that would be positive confirmation a move is underway and someone is accumulating a position ahead of expected positive news. When CB has been wrong in the past (as in OTB) he has bought the full position back again but at a higher price.
Posted at 19/2/2025 22:29 by saadia110
Long wick to the downside, i.e rejection of lower prices with volume greater than the volume MA signifying strength in those moves and a close towards the top of the candle on those two days which is positive price action.
Posted at 18/2/2025 12:26 by hopeful holder
He was initially very very positive and I suspect many followed him in.. but, and I say but... he is very clear his blogs are not advice.But, I agree, in this case it did feel like the price was being talked up more than it should and I suspect many have been caught out.
Posted at 30/1/2025 08:12 by johnrxx99
Does anyone think CAR is going to do the results it says it will?
Posted at 02/1/2025 11:06 by wigwammer
"I'm entitled to my opinion and entitled to post it here." But your opinion is repeatedly misleading. You did not call the shares down from 40p as you suggested earlier, but have been negative on the shares from well before then. And any objective assessment of the share performance might note that Carclo was one of the very top performers of 2024. Yet you didn't "make a bean" on it, and still believe you are calling everything right. Perhaps if you didn't bound in here shouting your negative "opinions" at people who HAVE called it correctly (opinions which have now been corrected on multiple occasions) then people might have more time for your view. Happy new year.
Posted at 31/12/2024 11:09 by wigwammer
Lame stocks. Deficit repayments should not be deducted from net income/free cash flow, any more than debt repayments should be deducted from net income/free cash flow. Is this not a fact? And as free cash flow is used to repay deficit and debt commitments, an increasingly large proportion of the enterprise value belongs to the equity holders, which typically results in a rising share price. So when you claim "large cash payments are going to repay the pension deficit" - what you are actually stating is that free cash flow is being spent making the equity more valuable. Well exactly. Hope that helps.
Posted at 30/12/2024 13:08 by saadia110
It was in his weekend review available on X. It was just one sentence in the middle which read like "still holding CAR (reduced)". I think he is wrong to reduce. He sold out of OTB around 150ish and then on results bought back in (opening was 180) so much higher price. It is now 240+. So he does make mistakes and people should not see him as being infallible.
Posted at 30/12/2024 12:26 by imjustdandy
£17m mkt cap for a co generating c£7m in free cash ? Schroders were increasing their stake from 18% to 19% at higher share prices than current price. Looks good value now
Posted at 26/12/2024 17:50 by arthur_lame_stocks
hi valueinvturn.

There are a number of factors I think combine to make CAR a deeply unappealing investment, mainly, poor cashflow and high net debt, a very large pension fund that is in serious deficit and despite being a long time liability this deficit still needs to be paid from cashflow every year. Also the assumptions they use to calculate this deficit seem very generous in CAR's favour. For example I think they only expect a male pensioner of 65 to live to 82, whereas most other companies will predict an age of 86-87. This means if they can't get those assumptions past their actuary the deficit recovery payments may need to rise substantially for an already cash strapped company.

On the topic of cashflow, I think despite claiming a reduction in debt at the half year stage they actually burnt cash and hence the financial position has actually worsened.

To give you an example: there was a favourable working capital movement of £2m which went towards the £7m of cash generated. There was also a depreciation charge of £3m. Put against this however, they only spent £270k on property and plant, paid £2m in interest and £1.2m into the pension fund. I believe they lack the cash to currently invest in the business at the moment and after new loan drawings actually burnt a couple of million in cash effectively.

On the subject of margins I don't believe a plastic extruder will ever make a net margin of 10% in the long run and also the Government is already looking at ways to save on medical plastic waste as part of a wider drive to cut plastic use greatly. You can verify this for yourself with a simple Google search.

I believe Carclo's financial position is precarious and they will only survive with a fairly urgent fundraising which they may already be planning.
Carclo share price data is direct from the London Stock Exchange

Carclo Frequently Asked Questions (FAQ)

What is the current Carclo share price?
The current share price of Carclo is 23.80p
How many Carclo shares are in issue?
Carclo has 73,419,193 shares in issue
What is the market cap of Carclo?
The market capitalisation of Carclo is GBP 17.62M
What is the 1 year trading range for Carclo share price?
Carclo has traded in the range of 6.20p to 42.00p during the past year
What is the PE ratio of Carclo?
The price to earnings ratio of Carclo is -5.17
What is the cash to sales ratio of Carclo?
The cash to sales ratio of Carclo is 0.13
What is the reporting currency for Carclo?
Carclo reports financial results in GBP
What is the latest annual turnover for Carclo?
The latest annual turnover of Carclo is GBP 132.96M
What is the latest annual profit for Carclo?
The latest annual profit of Carclo is GBP -3.3M
What is the registered address of Carclo?
The registered address for Carclo is 47 WATES WAY, MITCHAM, SURREY, CR4 4HR
What is the Carclo website address?
The website address for Carclo is www.carclo.co.uk/
Which industry sector does Carclo operate in?
Carclo operates in the STEEL WRK, ROLL&FINISH MILL sector