Tclarke Share Discussion Threads

[igoe104] 31/12/2018 14:47

Unfortunately no reaction, folks are still waiting for the thumps up from the yanks before they start buying again.

[wynmck] 31/12/2018 10:35

indeed-decent size too

[spooky] 31/12/2018 10:21

Nice director buy.

[igoe104] 10/12/2018 13:45

Just watched the video, thanks Tomps.

The forward order book for technologies looks very impressive, its a massive percentage gain, going on year on year. what's makes it more impressive with it being more higher margin work.

[norbert colon] 10/12/2018 12:03

I perceive it's the black cloud of Carillion, Kier and Interserve hanging over the sector in general. CTO might not be fully immune but they are very cautious about who they work for so whilst banks are tightening up on their lending - CTOs order book is the thing to keep an eye on.

[effortless cool] 10/12/2018 10:52

It must say something about IC Alpha subscription rates that such a bullish article by their top tipster has resulted in so little buying activity.

As CC2014 suggests, there must be a very good chance that CTO features in ST's top 10 bargain shares for 2019. For some reason, this runs approximately from Feb-Jan. The 2018 list was published on 1 February 2018.

[tomps2] 10/12/2018 09:38

CTO presentation at Mello London - November 2018



Rather neatly coincided with their Ahead of Expectations trading update. They also have a Stockopedia stock rank of 99. It looks a well managed business. A great presentation.

[cc2014] 08/12/2018 12:25

I'm wonder whether he will choose it as one of his top 10 picks of 2019?

[tuscan4] 08/12/2018 11:31

Thanks igoe104 for the full text. Wondered how long it would take Simon to mention CTO. Will his analysis reach the weekly magazine I wonder.
Very conservative approach leaves plenty of room to tweak the numbers upwards over the coming year.

[igoe104] 07/12/2018 16:55

Here is full report of CTO.

[rivaldo] 07/12/2018 14:32

Great news re the IC Alpha tip. Thx CC2014 and igoe104. Looks like some are finally catching on to the transformation this thread has been banging on about for some time.

[hiraniha] 07/12/2018 14:04

T Clarke were at the Mello event in Chiswick last week.Their presentation was impressive. Only worry was the pension liabilities.After much deliberation, I bought into it earlier this week.

[cheshire man] 07/12/2018 14:00

Thanks for posting that igoe104 makes for very positive reading

[igoe104] 07/12/2018 13:10

Cheers CC2014, it a excellent summery from ST, especially this bit.


Market opportunities TClarke has been expanding its core offering, while continuing to build a reputation and track record of delivering large-scale mechanical, electrical and ICT projects. This has substantially increased the range and scope of opportunities available to the company in recent years, a key reason why its order book has boomed. Partnership is a key feature of the business approach nationwide. With the support of long-term clients and partners, the company opened offices last year in new geographic locations (Dumfries, Portishead and Birmingham) and was immediately rewarded with significant contracts. Moreover, the company has recently opened new offices in Liverpool and Manchester. Building upon existing established relationships, bids totalling £40m have been submitted across a range of projects in these areas. TClarke has also secured a place on the four-year £400m Liverpool-based Procure North West Framework. This highlights an agile response by management and one that is exploiting a brand built on high quality delivery from its in-house teams. It makes sense to target new regional markets in this way as TClarke’s financial strength and reputation, allied to the quality of work and integrated service offering, means the company can offer partners the confidence they need when they are looking to build their projects. There is no doubt there are opportunities to exploit in both Manchester and Liverpool. Manchester is booming and is now Europe’s second largest digital and creative hub. Salford Quays, where TClarke has located its new office, contains Media City UK. That’s important as the £1bn second phase of the project will see 211,000m² of space built, thus creating a major opportunity for TClarke to tap into. In Liverpool, there are plans afoot to build 3 million sq ft of office space. Vast schemes are planned, including the £5.5bn Liverpool Waters project (which will occupy derelict dock spaces at Central Docks) and also Wirral Waters which will transform 500 acres of the Birkenhead docklands into an internationally recognisable destination. Many of the company’s traditional principal contractor partners have been making their moves in the city, so this looks the right time and the right place for TClarke. Admittedly, Brexit has created uncertainties, but the macro effects of globalisation, particularly the gravitation of organisations and business ecosystems to the most attractive hub cities in the world, is also having a powerful effect. This has been beneficial for TClarke in London and it has helped build significant market share in places such as Cambridge, where the company has a track record of delivering laboratory, research and education project

[cc2014] 07/12/2018 12:21

Tipped in IC Alpha by Simon Thompson - 17 pages worth

Absolutely amazing read

First target 141p

[cc2014] 07/12/2018 09:56

here are the iceberg trades from the 3rd.

7 91.2 15000 AT 91.2 91.6 12:13:15
8 91.2 15000 AT 91.2 91.6 12:13:17
10 91.2 15000 AT 91.2 91.6 12:20:47
11 91.2 15000 AT 91.2 91.6 12:20:49

[kneecaps2] 07/12/2018 09:12

CC2014 the 15k trades and limits are not all from an Iceberg Bot!

[norbert colon] 06/12/2018 15:24

https://cube.investments/after-mellolondon-t-clarke-duke-forbidden-technologies-national-milk-rai/

[cc2014] 06/12/2018 09:48

Interesting this as once upon a time the nominated subcontract ensured payment to the subcontract chain in 17 days. Looks like the governments has caused it's own problem.

The government are getting tough on this as the 30 day payment code all the large contractors have signed up has been ignored. Now the government will enforce it.

This will be good for the industry and CTO in the long term.

I'm wondering though... Some of the supermarkets standard terms are 120 days. Of course the government won't pick up the tab if one of the supermarkets goes bust.

[cc2014] 05/12/2018 11:33

Another competitor in financial trouble.



Building services specialist Proline Group is fighting for survival after being left with a string of unpaid bills by stricken contractor Forrest Group.

Proline had been working on two major Forrest sites in Machester – the X1 Gateway where it had a £3.7m M&E package and the X1 Plaza.

More follows...


What company with a turnover of £11m takes on a £3.7m contract for one customer? Eggs in one basket. It defies belief. Of course perhaps the only work they can get is for builders who are in financial trouble themselves?

The sooner all these zombie companies disappear the better for the whole industry

[tuscan4] 05/12/2018 11:21

It is clear that liquidity is drying up in the construction industry, which has prompted the Kier rights issue, and threatens Interserve. CTO made it clear at Mello that balance sheet strength is crucial when allocating contracts, in particular CTO are winning the bulk of Lendlease's business, to the chagrin of their competitors, partly or mainly thanks to their secure financial position.
All other things being equal CTO should be a beneficiary of this,and helps explain their new financing facilities put into place when they seem not really necessary.
On the other hand dividend largesse may be constrained longer than we had hoped.
The elimination of competitors which may be accelerated by these liquidity problems will be margin enhancing for CTO over the coming years.

[squarepeg86] 03/12/2018 15:05

Some very large trades gone through earlier this afternoon too!

[cc2014] 03/12/2018 12:29

Someone has read the results and decided to take a decent sized position here.

We can clearly see the 15k iceberg bot running today at 91.2 It's been there or thereabouts ever since the results. Usually 15k, occasionally 10k or 12.5k.

I also wonder if it the same party who was soaking up all the volume at 84.0 before the results.

[cheshire man] 30/11/2018 16:22

Thanks for that igoe104 and NC :-0))