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CCGP Claimar Care

40.50
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Claimar Care Investors - CCGP

Claimar Care Investors - CCGP

Share Name Share Symbol Market Stock Type
Claimar Care CCGP London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 40.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
40.50 40.50
more quote information »

Top Investor Posts

Top Posts
Posted at 29/7/2009 14:14 by zoltanvarga74
Is the FD still at Claimar? He's not shown as a director on their site: but I can't see an RNS saying that he's gone.

Also interesting to read under Mark Hales that: "In 2007, Claimar won "Acquirer of the Year 2008" in recognition of its unique acquisition strategy." Hmmm, unique possibly, but not in a good way.
Posted at 06/5/2009 10:41 by dibbs
Big Fella,

Agree, this one has little investor interest thus far. Lots of folk are chasing the next hot tip at the moment rather than looking around for themselves. I thought that we might have had a holding didclosure today but nothing. The buyer remains a mystery.

Interesting to see how this one pans out over the next few days/weeks...

Dibbs
Posted at 06/8/2008 20:23 by badday
Seem an impressive lot?
Posted at 17/2/2008 15:29 by joshalexander
Local Authorities usually contract from a number of providers.
Typically contracts tend to be in the region of 7 years.
The current trend is for ever larger contracts with increasingly fewer providers.

This trend has been spotted by Bob Holt at Mears, which is why they are aggressively expanding in the Domicilarly Care Market.

Complete is different, this Market is in its infancy and is been driven by huge costs savings in the "Complete Care" model, the growth potential here is vast in my view

I always saw the main pay back for Complete and for Claimar as 2009.
and agree that the growth needs to be strong to meet forecasts.
The recent Trading Statement indicates that growth is currently on track, and more importantly expresses confidence for the year ahead.

Claimar are very helpful and proactive in Investor relations and are usually more than happy to clarify or answer any questions.

The next set of results will provide a lot more details on the prospects for Complete and the Business going forward.

Certainly, one for the watch list at the very least IMO.

Good luck, whatever your decision.
Posted at 20/10/2007 12:53 by gac100
FT: "Weekend Share Watch" features Claimar



"...City forecasts for pre-tax profits next year have been raised from £3.5m to £5.8m, putting the shares on a prospective multiple of 18. Investors who have missed out on the gains of the past 12 months might feel they have missed the boat. But Claimar Care's track record is so far very impressive. On top of which the multiple falls to 14 in 2009, and there is a small dividend."
Posted at 11/10/2007 08:49 by igoe104
Taken from growthcompany.

Companies: CCGP
10/10/2007

Domiciliary care services provider Claimar Care, originally recommended by GCI at 76.5p, is paying £33.1m in cash and shares for Complete Care and raising £23m at 137p to help finance the deal.

Telford-based Complete Care supplies full-time care to disabled people and represents Claimar's biggest acquisition since the company came to AIM in early 2006. The acquisition, which should enhance earnings in its first full year, takes the group into the higher value specialist area of complex care, the provision of which the NHS is increasingly looking to outsource rather than manage in house.

GCI remains a big supporter of Claimar, which continues to enjoy robust trading in its existing business. Acquisition opportunities remain compelling in a highly fragmented market and small recent deals have increased the number of local authorities for which the group acts to 43. The number of weekly domiciliary care hours it provides has moved to more than 49,000.

Chief executive Mark Hales is hugely excited about growth prospects in the home care provision sector. Government policy, the prevailing trend towards outsourcing and increasing regulation underpin opportunities.

For the year to September, investors should expect pre-tax profits of £2.2m from £22.7m of sales ahead of expected profits of £5.8m from £56.6m of sales by September 2008. During the current year, earnings are forecast to grow 44% to 8.5p, placing the shares on a forward multiple of 17.8 times. Considering the scope of the organic and acquisitive growth opportunity ahead, that's not too high a price to pay. Add.

Growth Company Investor subscribers have full access to all our AIM and small-cap share recommendations. To subscribe today, and gain immediate access, click here


James Crux
Market cap: £45.6m
PE Forecast: 17.8
Share price: 151.5p
Posted at 19/9/2007 12:40 by gac100
Josh

I agree with what you say about the scope to grow the business without SureCare and about the excellent prospects of the company over the next 3-5 years.

Yet they do seem determined to develop the franchise side of the business and see great potential in it.

As you say, service delivery is crucial, and Claimar state explicitly in the Admission Document under "Risks" that

"Regulatory breaches or alleged breaches, criticisms of its service or litigation may damage Claimar Care's reputation and may have a material adverse impact on the Group's business and its ability to grow."

I think you're absolutely right that the franchise arm is not an issue "As long as Claimar have the Operational structure in place to support the franchised operations and ensure standards."

I've no doubt that Claimar are well capable of meeting these essential requirements, and I note that the significant investment in key management areas announced in the interims included the appointment of a dedicated Managing Director for the franchise business.

I believe Claimar are well set up for the next phase of growth (however large or small a part the franchise operation may play). As a LTBH investor, with no first-hand domiciliary care knowledge (I bought into the company early on, largely on the basis of its pre-float record of identifying and quickly integrating earnings-enhancing acquisitions), its a pleasure to hear the positive views on the company from someone who knows the sector inside out - and who has moreover backed the company with hard cash.
Posted at 17/9/2007 08:11 by joshalexander
The issue is in the maintenance of standards.
The key to Domilicary Care is service delivery, even more so than in other business models.

As long as Claimar have the Operational structure in place to support the
franchised operations and ensure standards, then this is not an issue.
And Claimar's reputation in the Industry is Impeccable.
I would not hold such a large number of shares, if it was any other way.

I am just supprised more than anything, because there is so much scope to grow this Business without SureCare.

And I very much doubt that franchised operations will comprise a third of revenue in 12 months time, even allowing fo growth in this area.

I expect significant aquisition developments over the next 12 months, and Mark Hales has already given a large hint that this will happen; by saying Claimar are in talks with a number of companies.

Claimar have they ability to make investors at this stage, huge returns over the next 3/5 years. This really is similar to Mears 5 years ago.
Posted at 22/7/2007 12:16 by igoe104
HERES THAT GROWTH COMPANY WRITE-UP.

Claimar Care - ADD
Companies: CCGP
09/07/2007

Claimar, the domiciliary care services company enthusiastically backed by GCI at 76.5p last year, has completed its ninth and biggest acquisition to date, paying £10.25m for Acorn Home Care.

This profitable business operates within the group's Midlands and North of England sweet spot and delivers more than 14,000 care hours per week from 14 branches, seven of which overlap with existing group branches. The acquisition, by far the largest since Claimar's debut on AIM in January 2006 and a deal financed through funds raised in a £7m March placing as well as increased bank facilities, takes the number of local authorities contracting with the group under long-term deals to 40, further enhancing earnings visibility.

Chief executive Mark Hales predicts margin benefits to rise through operational cost benefits and economies of scale, with good branch savings already identified. Though Claimar will have to invest to support contracts recently won by Acorn, the acquisition should boost earnings in the year to September 2008 and Hales remains in talks on further deals in a hugely fragmented sector consolidating around those larger players able to provide the care hours capacity demanded by local authorities, a trend squeezing out smaller players.

Following the deal, forecasts for the year to September from house broker Arden Partners remain unchanged, with pre-tax profits expected to swell from £1.3m to £2.1m. For 2008, investors might expect pre-tax profits of £3.3m, upgraded from £2.8m, and earnings of 7.7p, placing the shares on a 2008 multiple of 19.5, undemanding given growth rates and the scope for further savvy acquisitions. Add.

James Crux
Market cap: £45.3m
PE Forecast: 26.4
Share price: 150.5p
Posted at 14/6/2007 22:30 by gac100
I see Claimar were exhibiting at the Growth Company Investor Show on Wednesday. Anybody go?

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