Caretech Share Discussion Threads

[mfhmfh] 30/10/2017 12:17

buy rating in today's IC.

[mfhmfh] 26/10/2017 10:54

solid trading update today.

'...in total we have added 248 beds in the year.'

'During the year, a total of 161 beds in reconfigured and new services have been brought into service. These beds have a higher contribution than the beds pre-configuration and are part of an ongoing strategy to enhance fees and margins.'

'The Group's net capacity at the year-end was 2,534 places (2016: 2,319 places), a net increase in capacity of 215 places. '

'Net Debt reduced to £147.2m at the period end (30 September 2016: £156.9m)'

Looking for earnings enhancing acquisitions:

'The Group continues to work on a number of other acquisition opportunities and has a strong pipeline of projects and transactions in progress.'

All IMHO.

[nfs] 21/9/2017 10:47

I had some- my first buy- at 390

[mfhmfh] 19/9/2017 17:39

top-up opportunity coming up IMHO. some big buys today.

[mfhmfh] 04/8/2017 10:31

looking for 500p next stop

[mfhmfh] 20/6/2017 14:47

positive write up today by ST in IC.

bullish article on CTH on triple i

[thorpematt] 20/6/2017 13:43

OK so I liked the statement and whilst it is tricky to pick oput growth rates when acquistions are present it does look relevent to increase target prices for future share price

I really like the sector and the company's approach to it.

Some news lnks:-

[mfhmfh] 16/6/2017 14:40

Half year results on Monday

[thorpematt] 28/4/2017 15:15

Nice breakout through £4 barrier.

Chart looks very fine indeed, the BB is beautifully quiet. All is well :-)

[mfhmfh] 21/4/2017 10:17

was expecting a half year trading update today. (was on 22nd Apri last year)

[mfhmfh] 21/4/2017 10:09

rated at 84 on IC's 100 best AIM companies list

[3rd eye] 05/1/2017 13:32

CTH caretech holdings, breaks out again on HUGE VOLUME. Dont know whats going on here but its earned me a few bob.

[mfhmfh] 08/12/2016 13:32

Paul Scott seems to like the company in his report today.

[mfhmfh] 08/12/2016 10:04

Great results...onwards and upwards

[3rd eye] 08/12/2016 09:29

CareTech : To Make Major Investments After Profit More Than Doubles

12/08/2016 | 08:00am GMT
LONDON (Alliance News) - Social care service provider CareTech Holdings PLC on Thursday said it has increased its dividend by more than 10% after more than doubling its profit in the last financial year following a spike in revenue.

CareTech said revenue in the year to the end of March soared to GBP149.0 million from GBP124.3 million in the previous year, leading to a lift in gross profit to GBP54.3 million from GBP47.7 million.

Combined with a reduction in administrative costs, that resulted in a rise in operating profit to GBP30.5 million from GBP17.8 million.

Pretax profit for the full year amounted to GBP22.5 million, 2.4 times higher than the GBP9.4 million reported last year. On an underlying basis that excludes one-off items, pretax profit in the year rose to GBP26.1 million from GBP22.0 million.

The dividend for the year has been increased by just over 10% to 9.25 pence from the 8.40 pence payout a year ago. The final dividend was raised by 12% from the prior year.

"With the money raised from shareholders last year, from the [GBP30.0 million] ground rent transaction this year and our own free cash flow generated from the business, we have major investment plans for 2017 and beyond with key new organic developments and bolt-on acquisitions," said Executive Chairman Farouq Sheikh.

"Importantly, we have also, and continue to, further strengthen our management team, offering a forceful blend of experience, commercial wisdom and dedication to care. I have no doubt that the next few years will see continuing growth and care excellence which will help deliver our target of double digit growth in underlying earnings per share," he added.

Copyright 2016 Alliance News Limited. All Rights Reserved. , source Alliance News

[3rd eye] 08/12/2016 09:16

CTH Caretech........... Profits Double. Trades on a forward P/E of just 12.9.





Business Summary

Logo CareTech Holdings plcProvides individual support and mental health services to physical disabled adults and children

CareTech Holdings Plc provides individual support and mental health services to physical disabled adults and children.

It operates through the Adult services and Children Services.

The Adult Services segment consists of the adult learning disabilities and mental health divisions.

The Children Services segment covers young people residential services, foster care, as well as learning services.

The company was founded by Farouq Sheikh and Haroon Sheikh in 1993 and is headquartered in Potters Bar, the United Kingdom.

Number of employees : 3 436 persons.

Valuation 2016e 2017e

P/E ratio (Price / EPS) 11,2x 12,9x
Capitalization / Revenue 1,27x 1,18x
EV / Revenue 1,62x 1,48x
EV / EBITDA 6,40x 5,86x
Yield (DPS / Price) 3,02% 3,18%
Price to book (Price / BVPS) 1,24x 1,17x

[davr0s] 19/11/2016 15:55

Has come onto my radar but net debt putting me off at 5x annualised profits ...

[mfhmfh] 27/10/2016 09:48

Nog complaining about the 380p price target

[mfhmfh] 27/10/2016 09:47

Solid update today, no negatives that I can see. IMHO.

[mfhmfh] 14/10/2016 09:58

bought this a few months back. good looking chart. hopefully it can break new highs. should have a trading update this month, was on 26th last year.