Claimar Care Share Discussion Threads

[malkie] 25/2/2006 22:17

careful johnny - thats my fantasy you're talking about mate!!

[saltedcrab] 25/2/2006 19:22

how can i read bloomberg article

[malkie] 25/2/2006 19:16

just tipped on Bloomberg...v interesting!!

1st mover advantage in market with high barriers to entry.......

will reserach more...
malc

[dodge7] 25/2/2006 13:10

an interesting proposition this company. quite attractive indeed.

d7

[hedgehunter] 23/2/2006 23:56

Which one SC?, ill run out and get it sunday.

[saltedcrab] 23/2/2006 17:25

needs a lil tip in Sunday Paper

[hedgehunter] 23/2/2006 13:27

Anymore for anymore?.

[saltedcrab] 22/2/2006 13:57

looks ready for next leg up

[hedgehunter] 22/2/2006 00:52

Gone a little quiet, but never mind new acquisitions will start this one roling again.

[gucci] 20/2/2006 12:41

suppose it gve us a chance to top up at these levels

[hedgehunter] 20/2/2006 11:45

Blimey its fallen slightly, whats this world coming too.

[hedgehunter] 20/2/2006 02:40

Hoping for a continued good run here.

[hedgehunter] 19/2/2006 02:13

On the forecasts aswell if you take the lower one Arden it still means that CCGP have far higher margins than say the competitor Careforce, although I am at a loss as to just why that ones share price has dipped so badly.

(might be a research idea)

[hedgehunter] 19/2/2006 02:10

Diog, Im banking on acquisitions as they have plenty of cash raised just for that purpose. I have been advised by an expert in the field that a lot of these smaller businesses are being hurt by legislation and red tape and cant wait to sell up.

CCGP have government backing for the training of staff similar I beleive to the Carter and Carter, training college.

Things look rather positive to me.

[diogenesj] 18/2/2006 15:58

You've probably got a point about acquisitions, salted (provided they don't go wrong, as often happens). Brokers' earnings forecasts normally exclude goodwill amortisation (which will disappear from accounts anyway as the new IFRS standards are adopted).

[saltedcrab] 18/2/2006 15:15

Dogknees, One acqusition on a PE of 3 will bring the PE down very fast , you may also need to add back goodwill from your calculations

[diogenesj] 18/2/2006 12:16

You've now got two forecasts, hedge, and they are very different. It is impossible to know who to believe. Arden are the house brokers, and may have the inside track. Their forecast is second-hand, courtesy of SCSW. The Hargreaves Lansdowne forecast is also second-hand, courtesy of Old 'Acedemic' above. Can we take the uncorroborated word of a self-styled retired scholar so sunk into dotage that he can no longer spell his own former profession?

Forecasts:
Arden t/o £13.50m ptp £1.39m eps 4.36p
HL t/o £13.50m ptp £1.80m eps 5.70p

Note that they both give the same turnover figure, so they are making the same expansion assumptions. But they are clearly making different assumptions about margins. Fairly reasonably priced now (but not cheap) if you believe the HL forecast, rather expensive if you believe Arden. Too late to buy now, but I do wish I had followed you in the first place.

[hedgehunter] 17/2/2006 23:48

Strange it didnt go up today, perhaphs we have a delayed trade to be shown monday.

[hedgehunter] 17/2/2006 13:23

Gone a little quiet here, mind it couldnt go on rising so fast.

[hedgehunter] 16/2/2006 23:43

Excelent post OA, many thanks for sharing it.

[old acedemic] 16/2/2006 21:30

Hargreaves Lansdown are tipping Claimar in their latest Aim Insight newsletter.

They forecast profits of £1.8m on turnover of £13.5m for the y/e September 2006, giving they say a p/e of 15 at a share price of 85.5p. This forecast includes earnings from the latest contracts won in Worcester and Coventry. H.L. also state that capital expenditure is minimal for the business , which in turn will allow for one aquisition every 2 months from the company's cashflow. Other information given is that the placing proceeds of £3.9m will be used to pay off existing borrowings.

I have bought for the long haul in view of the fact that the placing document states that the directors of the company will follow a progressive dividend policy, with a final dividend to be declared for the current financial year, this dividend is to be paid in April 2007.

[gucci] 16/2/2006 16:46

having a nap :-)

[hedgehunter] 16/2/2006 13:38

Blimey it hasnt gone up today.

[gucci] 15/2/2006 14:11

agree hedge
this one is a gem