Clipper Logistics Share Discussion Threads

[pj fozzie] 02/1/2018 13:16

So what news have I missed, that's made this share pop today?

[mauricemonkey] 15/12/2017 11:21

Spooky quiet on here.
I've decided to jump in. Steady growth, forever announcing new contracts with major brands, especially in the fashion sector, and they seem to be the start-ups go to choice for logistics. Expanding across Europe and are in pole position to reap the tailwind benefits as more and more trade moves on line and returns become more challenging for companies to deal with.

Looking back at the posts from 2014 and people refusing to pay less than 2 quid for these made me chuckle. I can't see them quadrupling again but I see enough steady growth in the mid term to keep the PE over 20.

[miti 1000] 28/7/2017 14:58

Sold out of here over the past month . Great company but a full valuation. Today's results though solid not exciting enough for me going forward. Am also suprised by the lack of Click and Collect progress .Hopefully I will pick up theses cheaper at some point.

[miti 1000] 09/6/2017 11:59

Another contract win for Clipper..this time across Europe

hxxps://www.clippergroup.co.uk/clipper-signs-pan-european-deal-smiffys/

[tudes100] 26/5/2017 00:29

Agreed, seems to be a sensible acquisition based on financials. Why invest in new warehousing when you can pick it up sensible price with a base of existing business. share price ticking up again now, not holding currently as was getting a little nervous of the valuation. Still on the watchlist as the added value returns / e-commerce space still very exciting. Would like to see more progress on their operating margin TY.

[ramridge] 25/5/2017 10:59

Strangely quiet. Anyone with a view on today's acquisition of Tesam? Looks pretty cheap to me.

[albert3591] 14/5/2017 12:14

Iwas speaking to a warehouse guy yesterday,he said clipper is going to use vans for a plumbing company.I don't know who or if it is already known.

[miti 1000] 06/4/2017 10:41

Lionstrust added another 5% to go over 10%. Not sure who's selling but its going to break out soon hopefully.

[miti 1000] 01/3/2017 15:25

Clearly a seller is here at the moment. Nevertheless, just added another 5k.

[tudes100] 27/2/2017 12:30

volumes small, lets see how it finishes

[miti 1000] 27/2/2017 11:38

Any reason for the fall today ?

[njb67] 03/12/2016 21:27

miti

I agree that the share price is unlikely to fall back to a level when I would be prepared to invest. My concern is that the company now has to deliver sustained growth over the next three or four years to warrant the EPS multiple. If the results disappoint the market at any stage over the next few years, then the share price will take a hit as the 24x eps premium will no longer be warranted. For me, the company has little or no room for error at the current valuation, which for a value investor like me means there is no margin of safety.

I will keep an eye on this but there are currently more attractive options in the market on valuation grounds.

Good luck to all that hold.

[miti 1000] 03/12/2016 11:07

Tudes100 ,

Totally agree with your post.
I think we will see quite a few big companies signing up for click and collect in the next 6 months and most of the click and collect revenue is not priced into future broker forecasts.

njb67 ,half the share price in your dreams !!. Whilst I agree that CLG is richly valued, there is a reason for that ie., the market is convinced the company will grow into its valuation comfortably . You have to pay for quality. If you want cheap , buy inferior companies like wincanton.

Clipper is the leader in a very big sweet spot for the next 5 years and I fully it expect it to reach 500p within 18 months or else get taken over by the likes of Amazon who could do with a proper returns management(Boomerang) system. I should also add the US let alone Europe, lag way behind the UK in online delivery and returns and click and collect.

[njb67] 02/12/2016 11:11

Like the company a lot but not at this price. 24x next years earnings and a dividend yield of 2% means you are paying today for the assumed growth for a number of years into the future.

If you got in at half the current share price (12x earnings and 4% dividend) then you have got yourself a good looking investment. Will keep on my watchlist in case the price comes back to a more attractive level.

[tudes100] 02/12/2016 02:12

Very quiet here, had a quick look at broker estimates for TY & they seem very much on the low side, Singer at 12.4p EPS & Numis 12.7p. Based on prior yr seasonality EPS would come in at 12.6p but this takes no account of the following ;
1. New M&S returns contract
2. increase in the size of the Waitrose click & collect service from 30% of store estate to 100% (effective 1st Sept). JV with John Lewis will undoubtedly broaden scope of companys relationship now that they have 10 yr contract.
3. New Halfords click & collect contract across car accessories & Bikes (ref Halfords sell 88% of their bikes via click & collect now apparently).
4. Any further contract wins (note CLG have not lost a customer contract on e-fulfillment) including cross border international ops with UK customers.
Company themselves stated in the HY report that "we expect (some of the opps highlighted) to significantly enhance profits in future financial periods".

No doubt that the rating is a little punchy at the moment but I don't think its beyond the realms of possibility that they could do 15p+ EPS for FY17 with decent growth to come in FY18. At yr end delivering 15p EPS PE would be 24.3 & PEG 0.53.
Brokers are estimating FY18 EPS at 14.4p currently which is far too low imo.

[tudes100] 02/12/2016 01:39

HY results presentation
www.clippergroup.co.uk/wp-content/uploads/2016/12/Clipper-interim-results-presentation-Final-December-2016.pdf

[grigor] 21/9/2016 20:33

No figures in the announcement

[djbilywiz] 20/9/2016 15:25

Will this new deal warrant an EPS revision upwards by the brokers covering Clipper?

[smallcapinvestor1] 20/9/2016 14:37

They have announced a ten year contract with John Lewis.

[simonong84] 20/9/2016 14:23

I'd be interested in knowing too unless it's merely a technical breakout higher?

[grigor] 14/9/2016 11:25

Any reason for the rise?

[simonong84] 13/9/2016 13:53

Sounds like a very positive view jambo192!