Tclarke Share Discussion Threads

[cc2014] 21/9/2017 10:03

After that frantic buying in the last 8 minutes last night I guess I expected something to happen this morning.

What I do see is the MM's appear to want nothing to do with the stock again.
SING 79-87
WINS 76-86
I'm guessing they have got burnt a few times recently trying to work orders here and right now they've opened the spread to try and protect themselves.
SING up to a month ago or so ago were working on a spread of 6-7. WINS usually on 6.

Let's see if yesterday's pattern repeats with the price closing to the upside during the day

[allstar4eva] 20/9/2017 19:00

Chart also looking poised...

[igoe104] 20/9/2017 18:53

Yes I noticed that, a couple a decent trades came in before the bell.

[cc2014] 20/9/2017 16:48

some interesting trades in the last 10 minutes. All of them AT meaning on the order book. Someone wanted in and hopefully whoever was selling at 84/85 is done now.

"Great to have secured the Electrical Shell & Core Package at One Nine Elms The two towers rise to 58 storeys and 43 storeys. On site 2018" - news 2 days old though. I imagine 58&43 storeys is a sizeable contract.

[rivaldo] 12/9/2017 09:35

Tipped on Citywire - finally someone has spotted what's happening here:



"I have added to my T Clarke (CTO) shares, encouraged by its acquisition of building management services provider Eton Associates last month.

T Clarke is much more than a boring old electrical contractor; apart from a record order book, up 23% at nearly £400 million, electrical demand is growing strongly.

We need it for our banks of computers, mobile phones and soon robots, virtual reality and artificial intelligence – it is even involved in developing facial recognition building entry systems.

On a projected year price-earnings ratio of 6.9, price to earnings growth ratio 0.8, dividend yield of 4.1%, cover of 3.5 times and cash of £9 million, the shares look too cheap and I’ve just bought some more."

[igoe104] 08/9/2017 07:38

Shouldn't be long before starts moving upwards, especially when the south-west seems to be sorting itself out.

It really is a very simple story: we’ve been building steadily in the South West and our strategy has been highly effective. We have had a couple of project delays and cancellations, but we move on and the real picture is very straightforward. In the South West, we have already secured over 80% of our revenue target for the next two years, along with securing places on some longer-term frameworks and maintenance contracts - and it has all been based on the solid, long term TClarke principles of good people, good work and good relationships feeding more work.

[scottishfield] 07/9/2017 15:07

hope it holds it rivaldo. Hard to read this one sometimes (me anyway). Holding tight either way.

[rivaldo] 07/9/2017 13:40

Nice move today on barely any volume. Background demand perhaps, or clearance of the seller.

[cc2014] 01/9/2017 12:03

I would say this is looking very good. A large number of trades went through at around 79 mostly from PI's and it seems there level of conviction is very high as very few sells are coming out and they are not flipping for a 4p profit.

I am hopeful the weak sellers who do not understand the stock are now out the way and we can continue upwards for the next 3 years.

[albanyvillas] 01/9/2017 11:11

Edit :
Ex-div on 7th September.

[albanyvillas] 01/9/2017 11:10

Indeed tis looking a bit good. Has it gone ex dividend yet or will i get it if i buy more?

[middlesboroughfc] 01/9/2017 10:59

Looking ready to pop

[its the oxman] 01/9/2017 08:56

Overdue a move up, just need something to give us a little push.

[scottishfield] 01/9/2017 08:49

Have they covered them before Flagon?

[flagon] 01/9/2017 08:49

SCSW out tomorrow ... update possible in light of August H1 results ?

[albanyvillas] 01/9/2017 08:46

should be 130-140p based on 12p earnings forecast

[cc2014] 01/9/2017 08:45

Wonder who's tipped it this time or whether it's just the first of the month?

[albanyvillas] 01/9/2017 08:40

L2 looks well good

[albanyvillas] 01/9/2017 08:36

95p coming imho

[allstar4eva] 01/9/2017 08:23

Moving now...

[rivaldo] 30/8/2017 12:08

Tipped today by Malcolm Stacey....which is good. Except that Malcolm's got his figures wrong.

The current year forecast is 12.14p EPS, with a 3.46p dividend. That's a P/E at 83p of only 6.8 (NOT 12), and a divi yield of 4.2%. Oh well. Which makes CTO even more of a bargain :o))



Extract:

"Victorian Engineer Stays Up With Times as the Order Book Hits Record High
By Malcolm Stacey | Wednesday 30 August 2017"

"In the first half of this year, profits were up by 8% to £2.5 million. The interim divi was hiked by 20%. The current yield is 4%. The P/E ratio I have is a modest 12. Revenues for the first half were £143 million. So the company is operating on low margins which can only attract new custom - and it has a strong order book, with more business on the horizon than it's ever had before.

There’s an opportunity to buy on a dip at the mo. On August 7th the share was 90p. Now it’s around 80p. For the reasons above, I believe it to be undervalued.

This is a firm which has been so successful for so long, that it’s hard to see it going into reverse, especially as the world’s reliance on electricity and other engineering marvels keeps on getting stronger."

[cc2014] 30/8/2017 10:34

Yeah think the seller at 79 has deffo finished now. Price holding comfortably above 80. Hopefully move back to 90 now although I expect a few PIs to sell along the way

[rivaldo] 30/8/2017 08:18

Turning upwards now - perhaps our seller is finished? A 6k buy at 81.5p has caused an early move up.