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CART Carter&Cart

82.50
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Carter&Cart CART London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 82.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
82.50
more quote information »

Carter & Carter CART Dividends History

No dividends issued between 30 Apr 2014 and 30 Apr 2024

Top Dividend Posts

Top Posts
Posted at 10/3/2008 20:28 by still waiting
how many staff did CART have?
Posted at 10/3/2008 11:49 by simon cawkwell
Nimrah,

I have just heard that CART has died. I have a copy of the register should you seek shares therefrom.

Simon Cawkwell
Posted at 27/2/2008 21:39 by bobsa
Maybe CART and then we can sue the Labor party and FSA and get back £3 or something.

We can always sell our shares to RAB. They must have a bit more money these days as they have been selling all their quality stock to raise some cash.
Posted at 27/2/2008 16:35 by slogsweep
Almost forgot about these - do i take it that they may be relisted soon? Does Govt. plans to 'privatise' re-employment of long term disabled etc. have any relavence to CART?
Posted at 07/10/2007 18:57 by trickyboyfish
Shares Magazine - 04/10/07

"Carter Struggles On"
"Shares in training company Carter and Carter (CART) have been suspended after yet another profit warning. Having already told the market in June and July of the underperformance, a review has concluded full-year results will be even lower than expected. Share trading has been halted while the firm pulls together an accurate picture of its finances.
The company has struggled since the death of Chief Executive Phillip Carter in May. A new appointment has yet to be made, while progress with the Learning and Skills Councils new 'Train to Gain' scheme has proved slower than hoped.
Shares says: Although this is further bad news, wait for the financing review outcome.DC
HOLD"

And thats it.
Posted at 02/10/2007 07:51 by demark
9 months ago cart bid for bpp for some £600m plus.

7 months ago ubs set a target price for cart £15.

6 months ago cart had a market cap of £450m plus.

5 months ago cart's ceo and his son were killed.

today - 02/10/2007 - suspension that will lead to, i believe, end of cart!

dyor
Posted at 23/8/2007 10:52 by flingwing
RNS Number:6944C Carter & Carter Group PLC 23 August 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES (1). Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: CARTER & CARTER GROUP PLC 2. Reason for the notification (please state Yes/No): ( ) An acquisition or disposal of voting rights: ( X ) An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify) : ( ) 3. Full name of person(s) subject to the notification obligation: BEAR, STEARNS INTERNATIONAL TRADING LIMITED 4. Full name of shareholder(s) (if different from 3.): 5. Date of the transaction and date on which the threshold is crossed or reached if different): 21/8/2007 6. Date on which issuer notified: 22/08/2007 7. Threshold(s) that is/are crossed or reached: UNDER 3% 8. Notified details: A: Voting rights attached to shares Class/type of shares Situation previous to If possible using the the Triggering ISIN CODE transaction Number of shares Number of voting Rights GB00B05K7697 1,291,182 1,291,182 Resulting situation after the triggering transaction Class/type of shares Number of shares Number of voting rights % of voting rights If possible using the ISIN CODE Direct Direct Indirect Direct Indirect GB00B05K7697 UNDER 3% UNDER 3% UNDER 3% B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting % of voting financial Period/ Date rights that may be rights instrument acquired if the instrument is exercised/ converted. Total (A+B) Number of voting rights % of voting rights UNDER 3% UNDER 3% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14. Contact name: SARAH CLARK 15. Contact telephone number: 020 7516 6602 This information is provided by RNS The company news service from the London Stock Exchange END HOLPJMMTMMBTBRR



Codes
Sector SVS
Subject GEN
Instrument CART GB00B05K7697
Posted at 14/8/2007 16:16 by miyamoto musashi
Carter & Carter Grp CART Holding(s) in Company
2007-08-14 11:14 (New York)

RNS Number:0871C
Carter & Carter Group PLC
14 August 2007





TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES


(1). Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

Carter & Carter Group PLC


2. Reason for the notification (yes/no)

An acquisition or disposal of voting rights: yes


An acquisition or disposal of financial instruments which may result
in the acquisition of shares already issued to which voting rights are
attached: no


An event changing the breakdown of voting rights: no


Other (please specify) :



3. Full name of person(s) subject to the notification obligation:

MCAP Global Finance
Marathon Asset Management, LLC
Marathon Special Opportunity
Master Fund, Ltd.



4. Full name of shareholder(s) (if different from 3.):

Marathon Special Opportunity
Master Fund, Ltd.




5. Date of the transaction and date on which the threshold is crossed or reached
if different):

Initial transaction: 17 July, 2007-8-10

Threshold crossed transaction: 9 August, 2007



6. Date on which issuer notified:

August 13, 2007


7. Threshold(s) that is/are crossed or reached:

5%



8. Notified details:



A: Voting rights attached to shares


Class/type of shares Situation previous to
If possible using the the Triggering
ISIN CODE transaction

Number of shares Number of voting Rights

GB00B05K7697 1,000,000 1,000,000



Resulting situation after the triggering transaction

Class/type of shares Number of shares Number of voting rights % of voting rights
If possible using
the ISIN CODE
Direct Indirect Direct Indirect

GB00B05K7697 2,150,000 2,150,000 0 5.17 0





B: Financial Instruments

Resulting situation after the triggering transaction

Type of Expiration Date Exercise/Conversion Number of voting % of voting
financial Period/ Date rights that may be rights
instrument acquired if the
instrument is
exercised/
converted.


Common n/a n/a n/a n/a
stock




Total (A+B)

Number of voting rights % of voting rights

2,150,000 5.17



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:





Proxy Voting:


10. Name of the proxy holder:

N/A



11. Number of voting rights proxy holder will cease to hold:

0


12. Date on which proxy holder will cease to hold voting rights:

0



13. Additional information:





14. Contact name:

Greg Florio



15. Contact telephone number:

212.381.0159





This information is provided by RNS
The company news service from the London Stock Exchange

END
Posted at 09/8/2007 23:07 by smelgy
.........v0110199 - fair do's. The position is thus:-

CART are deep in debt and are talking to bankers.
CART have laid off, or are going to lay off 200 staff - smacks of desperation
CART have issued 2 profit warnings, and have not got the contracts they originally thought they would
CART fell to 52p from a high of £13. I admitted I called the low wrong, but the rise from 52p to £1.30 in the past 2 weeks has been on puff and nothing else.
CART suffer from serial and greedy rampers such as bustedflush1 and bronking (who in all reality probably couldn't afford a set of second hand golf clubs let alone a new dishwasher), and this has influenced the share price in the past 10 trading days.
CART are not immune from market falls and tonights plunge on the Dow Jones will reverberate around the world in the morning. The Dow has suffered one of it's biggest falls for a decade on record volume. Over 5bn shares changed hands tonight and that bodes very badly for London trading in the morning. Everything will fall in a straight line. CART will not be different.
CART are NOT open to a bid. If they were, then anyone interested would have accumulated big-time from 52 to around 72p. This did not happen. Look at the trades over the last 14 days and they are all small-time punters buying between 2 and 20,000 lots. This isn't the way a serious and big bidder does business.
CART now represent a building on stilts. Trouble is there are only 3 stilts holding it up instead of 4
CART will fall in a straight line first thing tomorrow. Sub £1 is not beyond possibility, and those who got greedy today and followed the serial rampers (who have probably sold out by now leaving others holding the baby - typical) will be nursing heavy losses.

That's why I think this is a pile of cack. Only time will prove me right. If you are still long and bought below 60p then jolly good luck. Secure your profit whilst you can, because this is the start of a long bear downtrend in stocks like CART.
Posted at 25/7/2007 14:11 by topinfo
Oh Dear, not good reading for longs here... Think its cheap, no its not even at these levels, it was just too expensive before.

"By Kevin Godbold



When a company's share price plummets from over £12 to under 60p in less than three months, it is fairly safe to assume that it is a bit more than just 'noise'. In fact, it is a pretty safe bet that something is up. Such is the case with Carter and Carter (LSE: CART), where shareholders have recently suffered this stomach churning 95% reduction in the value of their investments in the company.

Carter earns its living as a training services provider and in recent years has seen strong growth both organically and through acquisition. So fully in favour had the company become, that the shares were trading on a price to earnings ratio (PER) of around 30 -- until recently.

With the advantage of hindsight, it is possible to see that Carter was heavily dependant on future success at the time of the release of the interim results in April. The balance sheet was weak, loaded with intangible assets and precious little else. Meanwhile all-important cash flow from operations had turned heavily negative and debts had increased to around £86m. Although at the time, directorspeak was bullish:

"The group has delivered another good set of results and we are well placed for a strong second half performance. The acquisitions we have made are progressing well and we are experiencing unprecedented levels of bidding and tendering activity which will drive strong organic growth going forward"

However, in reality this did not happen. Carter was unsuccessful with much of its recent tendering and two profit warnings were to follow, relating to existing business too. Carter also admitted that it was 'renegotiating its bank facilities.'

Clearly when profit and cash flow doesn't live up to expectations, high debts can become a problem and the uncertainty surrounding Carter's immediate future has had a devastating effect on the share price. So is it a bargain now? Some seem to think so as there has been both institutional and director buying on the way down and at the bottom. .

At the current share price of around 65p the PER based on the latest profit guidance is around four. However, I think it's dangerous to look at this in isolation. There is no asset backing, poor cash flow and high debt; it looks like the company is struggling to keep up its interest payments. Clearly, an investment now is gambling on future business coming in, and on it being profitable and cash flow generative. Comparing enterprise value to profit forecasts throws up a more realistic ratio of around 16.

Given what is known, I don't think Carter and Carter's shares are particularly cheap, it's just that they were too expensive before. Having said that, the share price may well go on to recover some of its losses, but investors may see dilution of their interests along the way as the company struggles to keep itself afloat, weighed down as it is with the burden of so much debt".

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