Caretech Share Discussion Threads

[energeticbacker] 21/10/2020 13:24

The all-important cash generation is better than expected but debt levels remain quite high from Investor's Champion's perspective with net debt at 30 September 2020 of £268.9m compared to £287.4m at 31 March 2020. CareTech will have been more sensitive to the pandemic than most and this is really good update.

[18bt] 21/10/2020 06:28

Good update - especially pleased with the cash generation. Confidence of net debt/EBITDA being under 3x by end 2021 should certainly aid confidence and could spark something of a re-rate. Double figure EPS growth for next few years, so PEG looks close to 1x.

[energeticbacker] 07/10/2020 09:06

CareTech Holdings has made a first move into the technology space with the acquisition of Smartbox. Investor's Champion comments that apparently Smartbox generated revenue in excess of £10m in 2019 and has a track record of profitability – they are surprised they couldn’t be more exact on the numbers but it looks an interesting move by Caretech.

[davebowler] 26/7/2020 17:53

htTPs://www.thisismoney.co.uk/money/investing/article-8559927/MIDAS-SHARE-TIPS-Caretech-Holdings.html

[glenowen] 26/7/2020 17:36

There was a very good, optimistic write-up about Caretech in the Mail on Sunday today, with a "Buy" recommendation. I think Caretech is the sort of investment which will prove very resilient in these troubled times. A solid share for the long term.

[spooky] 18/6/2020 12:52

Makes sense.

[essentialinvestor] 18/6/2020 12:32

The advantage here is also specialist care services imv.

[essentialinvestor] 18/6/2020 12:27

Asset backing and non cyclical.

[spooky] 18/6/2020 12:12

Do you have any concerns about the debt or are you relaxed because of the asset backing?

[essentialinvestor] 18/6/2020 11:58

Not many companies paying a dividend atm, let alone increasing the payout by 7%.

[cravencottage] 18/6/2020 11:55

Liberum reiterate 575p buy rating

[essentialinvestor] 18/6/2020 10:02

Very solid set of results. Continuing to take market share. Divi Up another 7%.

[cravencottage] 03/6/2020 20:41

Results out in a week or two.. Looks good.

[sphere25] 22/4/2020 13:33

Reading that statement, it's almost business as usual. This stock likely outperforms the market from here imo.

[18bt] 19/2/2020 18:26

Results were issued in early Dec, so just the Annual Report today

[phillkay] 19/2/2020 09:56

Surprised not much movement today with the excellent results today.

[igbertsponk] 08/1/2020 16:28

Not surprising the recent rise then. They've been planning the Arabic adventure for years so good to see it finally starting. Expect the UAE one to be the first of many.

[penpont] 30/12/2019 11:00

One of Sun Times tips of year.

[jgh03] 24/10/2019 08:53

And as the shares are XD today (3.75p) the price action this morning looks all the more encouraging.

[18bt] 24/10/2019 08:26

Another solid update. Cambrian looking a sensible deal.

[davebowler] 21/6/2019 07:19

htTPs://masterinvestor.co.uk/financial-news/caretechs-growing-revenues-push-shares-upwards/?utm_source=Daily+Bulletin&utm_campaign=cd5c0fcf60-Daily_Bulletin_20190620&utm_medium=email&utm_term=0_25eff0bb7f-cd5c0fcf60-34956193

[1nf3rn0] 22/5/2019 09:05

Two RNS's yesterday afternoon noting increases in major shareholdings, which explains the volume we've seen this week.Details on the below website of RG's investments. CareTech being the largest listed.https://www.marketscreener.com/business-leaders/Richard-Griffiths-05J8QH-E/biography/

[1nf3rn0] 17/5/2019 12:23

Huge trades going through today. Looks like something is brewing...

[1nf3rn0] 03/5/2019 09:47

Looks like the market is now waking up to this one. More large buys going through today and share price up over 5%.

[1nf3rn0] 02/5/2019 15:26

The well respected Liontrust have added again. Just short of 1,000,000 shares (roughly £3.3m) since their last holdings increase announced in January.