Carter & Carter Share Discussion Threads

[jennywren] 11/9/2007 21:58

C&C have not had a reputation for dealing with NEET, they have had a good reputation under EMTEC banner for apprentices and under IMS banner for TTG/employer engagement.

If we are relying on exposure to NEET, winning the contract is one thing, delivering them is another.

Not trying to put people off as I do hold these shares and have done for over a month now, I would like to see them go up but until a new helmsman is in place, it seems to be the MM's that make the moves on this one.

[references] 11/9/2007 16:51

Agreed roomove. The Govt will be loathe to risk giving 3 or 5 year contracts to the co. unless they are happy that there is secure management.

Overall however the prospects for the training sector is very strong. A bit like Capita in terms of the potential from Govt spending. With so much talk of the enlarging NEETs in society, Brown and co will only throw more of our money at the situation not less.

[crosswire] 11/9/2007 15:38

MM manipulation. Lot's of "AT" buys, and the mm's keep dropping the share price back to 108p..................

[roommove] 11/9/2007 15:20

GTA5, if you are correct and the price reflects 'good as nil' expectations then we are in a no lose situation. I am not too hopefull, until a new CEO is in place to give guidance I would imagine these sort of deals will be missed.

[references] 11/9/2007 15:01

Quiet as a mouse today.....

[musashi san] 11/9/2007 14:18

Looks like we're still encountering resistance along the 20-day MA (111.5).

But, it's now rising, so could break it over the next few days imo.

[v01101999] 11/9/2007 13:39

we are no longer at 52 but at 110 and some expectations are built around future earning/contract assumptions.

[gta5] 11/9/2007 12:53

I thought it was generally assumed/accepted that C&C's chances in phase 2 weres as good as nil in those bids as they lost all of the phase 1..

I thought that part of the massive drop from 250p to 52p was because of 100% loss in the phase 1 and therefore as good as nil chance in the phase 2 bids...?

Any thoughts?

[roommove] 11/9/2007 11:22

Should hear if they have been succesful or not with the contracts soon. If any bid is going to appear I would have thought they would wait to find out if the company has the work to warrant the bid first.

[references] 11/9/2007 10:36

I know a girl who's knickname is False Dawn. Sadly I haven't found out if it's a misnomer or not. Probably never will.

[jane seymour] 11/9/2007 10:32

There is a possibility perchance that ''Leak of bid' might have had a little more dramatic effect than 2.5% up on 141,000 shares dealt in 2.5 hours !!JS.

[v01101999] 11/9/2007 10:30

i trade them .. buy low/sell high! no emotional attachment.

[crosswire] 11/9/2007 10:29

"AT" buyers returning!!! Leak of bid!!! Hope so...........

[chesty1] 11/9/2007 10:28

Morning all

This dog is still wagging its tail at the mo its just had a lie down & is looking ready to play again...

False dawn who knows.

Be lucky to all

[anotherguru] 11/9/2007 10:27

why do you buy them then?





;-)

[v01101999] 11/9/2007 10:25

i dont like dogs !

[chesty1] 11/9/2007 10:20

Is that your dogs name!!

[v01101999] 11/9/2007 07:32

definitely .. gone very quiet these days but patience will be rewarded.

[bushell] 10/9/2007 17:44

v
holding up well in a bad market
could go very well if things turn

[v01101999] 10/9/2007 13:57

Bear Sterns once again? They seem to be going in an out of these shares faster than some some day traders!

[chesty1] 10/9/2007 11:44

RNS Number:5598D
Carter & Carter Group PLC
10 September 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):


31/08/2007



6. Date on which issuer notified:


3/09/2007



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


OVER 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 1,210,721 1,210,721



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 1,364,829 1,364,829 3.284%


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



1,364,829 3.284%



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:


LEE MART


15. Contact telephone number:


020 7516 5860


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

END

[bushell] 10/9/2007 11:14

bear sterns back above 3 %
must be good

[roommove] 10/9/2007 09:50

I have to admit to being slightly less hopefully about the chances of success with the above contracts. Having failed to gain one phase 1 contract must surely mean either CART are doing something wrong or the other bidders are doing something right. Also worth noting that one of the ways of evaluating the bids will be on management and at present we dont have a CEO!

[roommove] 10/9/2007 09:47

More information on the contracts......

Stage 2
Successful Providers are sent an Invitation to Tender on 16th April 2007

Contract to start April 2008. Three year Contract with possibility of two year extension

Current Procurement is Phase 2 and includes 16 districts one of which is North and North East London comprising of the seven London Boroughs of Barnet, Barking and Dagenham, Enfield, Haringey, Havering, Redbridge and Waltham Forest. This district has 16 offices: Barking, Barnet Hill, Dagenham, Edgware, Edmonton, Enfield, Finchley, Hendon, Hornchurch, Ilford, Leytonstone, Palmers Green, Romford,
Tottenham, Walthamstow, Wood Green.

Contract size nationally (16 districts) is £207m. Stage 2 of the tender will have further information about level of funding available by district. The funding model is outcome based offering payments by results and comprises of a service fee (30%), Job Outcome Payments (50%) and Sustained Job Outcomes (20%).

Bids are to be evaluated based on

Management, capacity, direct and sub-contracting delivery
Experience of delivering employment related programmes
Working with/knowledge of supporting Incapacity Benefit customers
Human Resources Arrangements