Clipper Logistics Share Discussion Threads

[liquidkid] 15/7/2014 12:16

Yeah but they got some clever pictures of animals on them vans and they use a Boomerang to return goods.

[opodio] 15/7/2014 09:22

closer to 120p now stilll to high for a white van company

[liquidkid] 27/6/2014 13:48

Good to see some well reasoned research and a thoughtful price target from you opodio. Current price 140p

[opodio] 25/6/2014 13:22

PE of 24 for a white van company


Should be a PE of 6 like Nightfreight used to trade on, so a price of 40p-50p is fair

[liquidkid] 11/6/2014 09:44

I would have thought so. In this gold rush (online retail) its the picks and shovels suppliers (logistics) that are going to make the moola

[edmundshaw] 09/6/2014 17:00

Why is 24x cheap? Is significant growth expected?

[mrmomentumt] 05/6/2014 17:41

Is this not very overpriced. Did around £5m PBT last year against a MCAP of £121m. I.e 24x. What am I missing here?

[welloiledbeefhooked] 05/6/2014 11:17

I like the look of Clipper. Done some research and they seem to be worth a go. Spread of 8.47% at the moment though.

[mtness2] 04/6/2014 15:23

LONDON (Alliance News) - Retail logistics company Clipper Logistics PLC saw a steady rise in its shares Wednesday, on the first day of unconditional dealings in its shares on the main market in London.





Clipper, which was founded in 1992 by the company's current Chairman, Steve Parkin, helps UK retailers with logistics and their online operations. Its customers include ASOS PLC, Tesco PLC, Asda, Wm Morrison Supermarkets PLC, SuperGroup PLC and The John Lewis Partnership. The company also has a small German operation.

The company placed 49.9 million shares at 100 pence each in its recent IPO. It has 100 million shares in issue in total, giving it an initial market capitalisation of about GBP100 million. However, the stock was trading at 112 pence in early conditional dealings last Friday.

Clipper shares were trading 1.3% higher Wednesday afternoon at 115 pence, the first day of unconditional dealings.

The company is looking to expand further, taking advantage of increased internet shopping.

Parkin remains Clipper's biggest shareholder following the IPO, with a 34.8% stake. Other directors hold a 10.6% stake.

By Rowena Harris-Doughty; [e-mail]; @rharrisdoughty

Copyright 2014 Alliance News Limited. All Rights Reserved

Anybody got a view on Clipper?