Caretech Share Discussion Threads

[spooky] 18/6/2020 13:12

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

[essentialinvestor] 18/6/2020 12:58

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

[cravencottage] 18/6/2020 12:55

Liberum reiterate 575p buy rating

[essentialinvestor] 18/6/2020 11:02

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

[cravencottage] 03/6/2020 21:41

Results out in a week or two..

Looks good.

[sphere25] 22/4/2020 14:33

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 09:53

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

[18bt] 24/10/2019 09:26

Another solid update. Cambrian looking a sensible deal.

[davebowler] 21/6/2019 08:19

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 10:05

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 13:23

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

[1nf3rn0] 03/5/2019 10:47

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 16:26

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.

[1nf3rn0] 02/5/2019 10:34

analysts at Liberum retained their 'buy' rating and £5.25 target price for CareTech, saying the firm was "far too cheap".Liberum's Graham Doyle said: "The market doesn't believe the 55% EPS growth, the 60% NAV uplift or the 33% de-leveraging that we forecast by 2022."Delivering this should be rewarded and today's trading update is another data point that provides confidence that management will do just that. If the market does not reward this then we see scope for management to return up to 40% of the market cap in cash to shareholders over the same period given the underappreciated strength of the balance sheet."

[davebowler] 08/2/2019 15:59

Shares mag today -CARETECH'S ROUTE TO THE UK MARKETSimmonds says residential care home specialist CareTech is a potential target. The healthcare business has historically enjoyed strong growth and is cheap compared to its peers.CareTech trades on a 7.8 times forecast earnings per share for the year to 30 September 2020 compared to an average of 13.5 times for its peers, according to Refinitiv data.Simmonds believes CareTech is potentially attractive to overseas companies looking for a strategic entry into the UK residential care market where it has a 5% market share.The company last year bought Cambian for £372m, expanding its presence in services for children and specialist education.

[davebowler] 10/7/2018 11:28

Tipped here;

[mfhmfh] 14/6/2018 10:34

solid interim results and a good long-term buy/hold. All IMHO.

[igbertsponk] 14/6/2018 10:03

More good progress. A very well run expanding company.

[mfhmfh] 06/3/2018 08:19

from today's AGM statement:

'We continue to seek and evaluate further potential acquisitions and are confident that the remainder of the monies raised will be deployed in a timely manner and on earnings enhancing businesses or projects.'

'As is usual at this time of year, we have begun annual fee discussions with local authorities. Initial indications from these discussions are compatible with our expectation of an increase in fees compared with last year.'

[mfhmfh] 07/2/2018 10:40

great top-up opportunity IMHO. finnCap have 465p target price.