Caretech Share Discussion Threads

[thomasthetank1] 22/4/2016 13:17

Read Panmure Gordon & Co's note on CARETECH HOLDINGS, out this morning, by visiting hxxps://www.research-tree.com/company/GB00B0KWHQ09
"The CareTech half year trading update is in line with expectations. This includes performance from the two recent acquisitions – ROC North West and Oakleaf Care (Hartwell). The positive tone of the statement, which highlights continuing demand for services, high occupancy and positive trends on fees, gives us increased confidence in our inclusion of CareTech in the Panmure Gordon conviction list published yesterday. We maintain our forecasts and reiterate our ..."

[thomasthetank1] 21/4/2016 17:02

Read Panmure Gordon & Co's note on CARETECH HOLDINGS, out this morning, by visiting hxxps://www.research-tree.com/company/GB00B0KWHQ09
"CareTech has undergone a transformation over the past nine months; the company has expanded its footprint by 9% through adding 187 new places, improved margins through maintaining good cost control and reduced its gearing through an innovative ground rent transaction. Overall, this has resulted in a 6% upgrade to EPS estimates over the period; we expect this improvement to be reflected in the share price as CareTech delivers 7.6% EPS growth in 2016 rising to 12.5% in 2017. We reiterate..."

[windass] 16/3/2016 16:56

Pretty decent analysis here

[bergster56] 20/2/2016 07:54

Great companyBetter financial position then competitorsLow peIssue is still debt however in my view which is what brings the pe down but prob values it at a reasonable EV/EBITDA multiple

[hydrus] 24/7/2015 13:52

Living wage will surely be bad for CTH

[daveb12] 18/6/2015 10:35

Pity the slight fall after results as they looked pretty good?

[johnsmith321] 10/4/2015 16:14

The interm was on the 15th of April last year. So perhaps the 15th this year also.

[lucky_lady] 10/4/2015 15:33

Anyone know if a trading statement is due soon?

[bennytheball] 11/2/2015 18:40

mitzis, just been looking at this thread - very good to see your name again. remember MMG?

[johnsmith321] 26/12/2014 09:23

Thanks for the clarification. I noticed the difference in Market cap. and thought they were different companies also.

[fruitninja84] 26/12/2014 01:38

Lesson for me here is don't post unit the facts are clear haha

[johnsmith321] 25/12/2014 20:56

What did the message say fruitninja84?

[fruitninja84] 24/12/2014 16:14

Anybody else get a fabulous message in there inbox?

[jakedog2] 11/12/2014 10:54

Naked trader bought yesterday and tipped in his bi weekly blog

[cyfran101] 10/10/2014 22:42

Its going to get cheaper.

At present the company is getting hit from all sides.

The Care Quality Commission has taken on board the massive and repeated kick up the backside and is actually on course to do what it should be doing i.e not a tick box exercise. They will ensure that adequate numbers of staff to resident are maintained.

hxxp://www.communitycare.co.uk/2014/10/09/cqc-sharpens-focus-on-provider-compliance-with-mental-capacity-act-in-regulation-overhaul/

Wages under pressure. Already a sector that relies heavily on overseas workers to do the grueling shifts has taken a further knock regarding a lost case on so called sleeping shifts. Wages will only rise with further with the minimum wage and even further to attract qualified nurses.

hxxp://www.hempsons.co.uk/sleeping-shift-workers-now-entitled-minimum-wage/

The councils are under increasing pressure to trim their cloth according to their resources.

hxxp://www.communitycare.co.uk/2014/07/22/respite-care-homes-council-fee-rates-fall/

If interest rates rise from historic lows then a fourth force will then apply to their debt mountain.

Too much pressure on margins. At this rate care homes are going to have more in common with Dairy farms. A much required product where no one wants to pay what it actually costs.

[toonmag50] 07/3/2014 18:50

caretech holdings appears one of the few companies who,after the sell-off of feb 14 simply has not recovered its share price. Every day the price is reducing or stagnant .This company was recommended too me, and I bought at the top price. Silly me- never mind

[brownie69] 11/11/2013 16:03

Strong rise in share price but debt levels very high?