Charles Taylor Share Discussion Threads

[wjccghcc] 08/2/2017 16:27

It means in line with revised expectations. However it looks like it was due to a very benign claims environment (50% of the business is loss adjusting) which won't last forever. There have been a lot of director buys and the yield is approaching 5% so I bought a few at 218p.

[housetrader] 08/2/2017 16:02

This has just appeared on my radar.

Tudes10022 Nov '16 - 08:57 - 158 of 158 2 0

8.03am update, warning hidden away, been on my watchlist for a long time but management have just persuaded me not to invest for a long time.
Feel sorry for all holders

When you say 'warning hidden away' do you mean

" This acquisition, together with recent acquisitions and business developments, is expected to support the Group's earnings growth, although this is now anticipated to be somewhat lower than the market's previous expectations for 2017. "

If so then the pre-close TU on 6 Feb said

"The Company anticipates that its 2016 results will be in line with market expectations. The Group has made a solid start to 2017."

The question is, does in line with market expectations mean expectations prior to the 22 Nov TU or revised expectations following it?

Fundamentals look ok, multiple of 15 doesn't look excessive and a decent dividend too. Results on 9th March, this could be good for a quick 10-15% from todays price of 227p.

Quiet board this.

[tudes100] 22/11/2016 08:57

8.03am update, warning hidden away, been on my watchlist for a long time but management have just persuaded me not to invest for a long time.
Feel sorry for all holders

[rustle2] 23/3/2016 09:37

So why the shift up now???

[proactivest] 10/3/2016 14:59

Video interview with David Marock



David Marock, chief executive of Charles Taylor PLC (LON:CTR), tells Proactive he is “absolutely delighted” with the firm’s 2015 results, which were reported this morning.
Revenues rose around 17% in the year to December to £143mln, while adjusted pre-tax profit climbed almost a quarter to £14.2mln.
Looking ahead, Marock says the company has started 2016 “very solidly,” noting that the firm is “building on what has been an absolutely fantastic 2015”.

[davidosh] 23/2/2016 15:41

If any of you are interested in meeting Charles Taylor on Thursday then do send an email via this post

[tudes100] 28/1/2016 04:45

Any views as to why the share price has dropped off so significantly in the last 3 months, other than general market issues ?

[rustle2] 17/10/2015 18:21

Thanks. Interesting video.

[proactivest] 15/10/2015 11:37

Video interview with CEO Marock



David Marock, chief executive of insurance service specialist Charles Taylor (LON:CTR) comments on the state of the insurance industry and the firm’s plans to extend its service offering.

The London-listed firm claims to makes the business of insurance “work efficiently”. It does this by managing complex insurance claims for brokers, clients and the insurers themselves.

Speaking to Proactive, Marock comments on Charles Taylor’s recent progress, including the acquisition of an international life insurer, acquiring a stake in an insurance software specialist and expanding its office network.

[mirandaj] 23/6/2015 09:35

The spread is that way because the shares are not often traded. So even a small trade affects the price.

[tudes100] 23/6/2015 09:13

Would like some, have been watching for weeks but the spread seems continually horrible.

[mirandaj] 23/6/2015 09:07

Peel Hunt have a note out this morning where they have a target of £2.85 and upgrades for the next two years driven by generally stronger operating performance. They say that profits in 2015 and 2016 will also benefit from the £1.7m gain on purchase relating to recent Scottish Widows Transaction. They now have: Dec 15 PBT/EPS £14.0m/20.0p (from £12.1m/20.3p), Dec 16 £15.2m/19.9p (from £13.3m/21.9p). We also increase dividend expectations: Dec 15 9.9p (from 8.8p), Dec 16 10.4p (from 8.8p). We estimate net funds raised could generate a further £4.5m of profits, or 35% of current year expectations, highlighting the potential and momentum behind the business. Valuation - Dec 15 Per of 11.2x, yield 4.4%"

[jonwig] 04/4/2015 10:10

What do you make of it, speedsgh?

Share price is well below the 238.125p theoretical price following the announcement.
Would it be fair to say there will be some share price weakness for a while as the new shareholdings are shuffled about?

Had no knowledge of this company, but John Lee mentions it in today's FT.

Last year they paid 10.75p in dividends. Must look up what intentions are going forward.

[speedsgh] 18/3/2015 08:48

Proposed £30.6 million Rights Issue -

3 for 7 fully underwritten Rights Issue of 19,722,762 New Ordinary Shares to raise gross proceeds of approximately £30.6m (approximately £28.8m net of expenses)

The issue price of 155p per New Ordinary Share represents a discount of 44.9% to the Closing Price on 17 March 2015, and a 34.9% discount to the theoretical ex-rights price after adjusting for the Second Interim Dividend

[bad robot] 16/4/2014 11:06

I thought Charles Taylor was in prison

[jcd1972] 23/12/2013 17:20

Chugging along nicely. Could do with another John Lee mention in the New Year.

[tom111] 19/12/2013 16:55

closed at 268, strange goings on here

[tom111] 18/12/2013 12:55

The ft and Halifax have the same imfo strange.I know there have been bid rumours in the passed and with the share price soaring somewhat I wonder if somethings afoot

[lord gnome] 18/12/2013 12:50

Nope - advfn dodgy charts strike again.

[tom111] 18/12/2013 11:35

can someone kindly explain why the share price is shown at 2.64 when I can buy at 2.55

[lord gnome] 18/12/2013 09:53

We're off again. WINS is now on the bid at 260. Nice!

Edit: That didn't last long, WINS must have found a seller.

[gre] 17/12/2013 16:33

Something is obviously going on for this to rise so much. I'm intrigued by today's events.

[lord gnome] 17/12/2013 16:28

Suddenly we start to motor. Very nice on a dull day in the market.

[lord gnome] 19/11/2013 07:38

Today's IMS reads nicely - but looks to be more of a 'steady as she goes' statement rather than 'we are burning the paint off the walls'. Progress is progress and it shouldn't do the share price any harm even if it doesn't put a rocket under it. Happy to continue to hold.