Clarkson Share Discussion Threads

[coco] 06/12/2006 10:55

Looks like it could be time to pick up a few of these ?

[lanzarote666] 05/12/2006 08:30

Value hunters on board here.
Looks like Black Adder's purchase may have turned the ship around?

[rogerbridge] 04/12/2006 22:33

Well I was also looking to top up at £7 to £7.25. Fat chance of that now.

[sunburst] 04/12/2006 14:50

I reckon that when people are looking for a £7 entry point on the way DOWN, the actual turn comes at £7.50.
Likewise when people are looking to sell at £11 on the way UP, it actually turns down at £10.50.
Time will tell.

[cockneyrebel] 04/12/2006 12:26

I see Richard Fulford Smith has just bought 35K shares - quarter million quids worth.

He's been a guy to follow in the past here.

CR

[rochdae] 02/12/2006 23:58

I don't often agree with the chartists, but this doesn't look too good.

Very difficult to call the bottom of anything so why try imo. Better to buy stocks making new highs than making new lows.

Anyway, good luck.

[its the oxman] 01/12/2006 11:37

would be nice to get back above 800p at least near term

[sandbank] 01/12/2006 11:32

Looks like other people agree

[rogerbridge] 01/12/2006 08:39

Cheap as chips at this price

[sandbank] 01/12/2006 08:37

Surely THIS has to be the bottom?

[woracle] 01/12/2006 00:27

BDI at year high today but strangely price just bleeds..

[d4vos] 30/11/2006 13:14

Clarkson is undervalued no matter how u look at it....weak dollar etc....the market has thrown up a purchasing opportunity here and i am goin to take advantage over the next two weeks....in a nutshell BARGAIN

[its the oxman] 30/11/2006 12:45

looking too cheap to me - bought a few more - happy to hold for a couple of years and enjoy a decent div - doubt there is too much more downside from here - i hope.

[idioterna] 28/11/2006 22:31

I haven't been into Clarkson for a while now but like so many others I am sniffing around again. What worries me is the massive decline in the dollar has not been offset by an equal rise in the BDI. This, combined with an increase in commercial fleets could spell trouble, particularly with any data indicating a cooling off in global economic growth. Furthermore, I was not all that impressed with the massive indivdual bonuses and would have liked to see more capital returned to shareholders if not constructively invested.

CKN is still very much a cyclical stock and shows all the signs of behaving as such. But, if £7 holds I'm interested again.

[james111] 28/11/2006 22:05

I am still watching and waiting, made lots here in the past and sure I will again, starting to look good. Wont be long before i am back with you all
regards james.

[matt123d] 28/11/2006 20:06

sandbank,

CKN has just come on to my radar but due to the opposite reasons you seem to have. The general trend is down and this is now high up on my shorting list.

[a3477681] 22/11/2006 13:24

I like the downs. They make it highly sensible to buy some more for my isa , my wifes, my son's,my daughters and then mine again. I just wish I had stayed with my original purchase in August 02 @ 196, and then added and added. This firm is highly respectable and focused on what they do best. But they are not standing still. There was a slight drop in pretax at the interims which is probably what is holding back the share price Below is somoe of what the Chairman had to say:-

'Clarkson's brand combined with the competitive advantage provided by its
market intelligence, gives it an edge,' Harris said.

He said dry bulk markets in the first half of 2006 were significantly weaker
than the comparable period in 2005, however recent improvements suggest that
Clarkson's global dry bulk team will generate better results in the second half.

In particular, he said the group is encouraged by the level of forward order
book business being written across all vessel size categories.

In container chartering, the group continues to reorganise broking operations
around the three centres of London, Singapore and Shanghai.

In addition it is developing Global Slot Network -- a new system which will
enable ocean carriers, container ship owners, shipping and leasing companies to
exchange slot capacity through a neutral platform. It is anticipated that this
platform will be launched during the second half of 2006.

In deep sea chartering, Harris said the group's tanker teams globally continue
to increase their market share.

He said in gas chartering the team of LPG specialists, recruited in 2005, are
helping to deliver improved revenues and results, thereby improving operating
margins.

And in sale and purchase broking the grouip has encountered a significant lull
in activity on the secondhand side with no substantial transactions to support
an otherwise steady stream of income.

The newbuilding market, however, has continued to surprise with unexpectedly
high levels of contracting, the group added.

Futures broking is performing well. CIF, a platform for trading forward freight
agreements, is expected to be launched for live trading in September.

[sandbank] 20/11/2006 17:06

HAWKS11: Know exactly what you mean - no sooner does the price seem solid than there's suddenly another lurch downwards. But we must comfort oursselves that the general trend seems up

[d4vos] 20/11/2006 14:15

this is a solid company which is undervalued...also check ambrian capital

[iroll] 20/11/2006 11:35

Just to amplify on 2Mountains'post, the "Hidden Gems" index, now in its sixth year, is compiled by RSM Robson Rhodes from the All-Share Index - excluding banking, insurance and finance companies and companies that have not generated a positive cashflow over the six years covered by the analysis - three years historic and three years forecast.

A "Hidden Gem" is a company whose cashflow both grows and is expected to grow at a faster rate than the wider market but whose valuation is lower than the wider market.

Clarkson's ranking at No. 23 places it as one of the most undervalued companies.

In previous years the sp's of most of the top ranked companies in the index have significantly outperformed the market as a whole.

[2mountains] 20/11/2006 11:12

It was listed as no. 23 in the Sunday Times Hidden Gems index top 50 on November 19. Market value £138 m., Oct. 2006. Percentage growth in cash flow per share 2006-08 estimated at 45.1%.

[tanners] 20/11/2006 10:31

Quite a few small buys today.....has this been tipped somewhere?

I noticed some fairly lump sells last week (Thurs?), and these were soaked up quite well.....perhaps sentiment is turning with Clarkson again.

[stingy] 15/11/2006 13:53

The Baltic Dry Index has headed up since June 06 from 2500 to over 4000 so that should mean higher freight rate income and help towards stronger second half results.

[hawks11] 15/11/2006 08:59

I keep coming back to CKN, but have rarely timed it right, but will try again, just waiting to see if it drops back today.

[rogerbridge] 14/11/2006 18:03

Made first purchase today after selling out some months back.