We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tclarke Plc | LSE:CTO | London | Ordinary Share | GB0002015021 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 160.00 | 160.00 | 160.50 | 162.00 | 160.00 | 162.00 | 6,591 | 08:29:18 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Special Trade Contractor,nec | 491M | 6.5M | 0.1230 | 13.01 | 84.56M |
Date | Subject | Author | Discuss |
---|---|---|---|
26/3/2019 07:15 | Pretty impressive by any metrics. My only comment is why so parsimonious with the dividend. With net cash at £12.4m, why do we need the dividend to be covered 3.75x? Financial highlights: Change 2018 2017 Revenue +5% GBP326.8m GBP311.2m Operating profit - underlying(1) +21% GBP8.8m GBP7.3m Operating profit - reported +9% GBP8.6m GBP7.9m Operating margin- underlying(1) +17% 2.7% 2.3% Profit before tax - underlying(1) +23% GBP8.0m GBP6.5m Profit before tax - reported +10% GBP7.8m GBP7.1m Net cash +6% GBP12.4m GBP11.7m Earnings per share - underlying(2) +24% 15.38p 12.37p Earnings per share - underlying (diluted)(2) +23% 14.98p 12.13p Earnings per share - basic +12% 14.99p 13.44p Final dividend per share +15% 3.34p 2.90p Total dividend per share +14% 4.0p 3.50p Forward order book +22% GBP411m GBP337m | skyship | |
25/3/2019 23:24 | Bought some today as they look undervalued My calculations Operating profit - £8.6m Profit before tax - £8.2m corporation tax - £1.63m Profit after tax - £6.57m EPS - Underlying - 14.50p EPS - Basic - 15.91p Dividend Final - 3.24p | cielos | |
25/3/2019 11:00 | Just a reminder that T.Clarke will be exhibiting and presenting at the Mello2019 event on Thursday 16th May They will almost certainly be doing two presentations so one in the morning and one afternoon. More info and tickets here... If you want a 30% discount you can use this code in the box ADVFN30 | davidosh | |
25/3/2019 10:01 | And my view: Revenue : £320m Underlying Operating Profit : £8.6m (from RNS 31/01/19) Fraud recovery : £0.5m (As half year statement) Amortisation : £-0.2m (Double half year) Finance Costs : £-0.6m (Doulbe half year) Reported Profit Before Tax : £8.3m Tax : £-1.6m (19% corporation tax) Profit after tax : £6.7m EPS - Underlying : 15.1p (Underlying - Finance costs)x(1-Corp tax rate)/no of shares EPS - Basic : Can't be bothered Dividend Final: 3.19p Cash : £12.4m Which leads me to repeating myself about the cash flow. If the total dividend for the year is 3.85p and the underlying EPS is 15.1p, T Clarke are paying out 25% of their after profits after tax as dividends, a percentage which is getting smaller year on year as underlying profits are up 17.8% this year but the dividend is likely to be up (only) 10%. With £12.4m net cash and free cash flow of around £5m, that cash has to go somewhere in the long run. Either for working capital, acquisition, increased net cash or increased dividends. However, you look at it the directors are putting the company in a very strong position to execute their long term plans. | cc2014 | |
25/3/2019 07:07 | Okay then, here's my effort (rather less well presented). Revenue : £319.9m Operating profit : £9.1m Profit before tax : £8.6m Profit after tax : £6.9m EPS - Underlying : 15.5p EPS - Basic : 16.7p Dividend Final : 3.1p Cash : £12.4m Pension commitments : £1.25m No. of shares : 42.878m | effortless cool | |
24/3/2019 22:32 | From the "UPS" thread ....... "Master RSI" Forecast for Clarke T. - CTO Final results due Tuesday 26th March Item Year 2018 Final Revenue 320.00m Operating profits 8.60m Profit before tax 8.00m Profit after tax 6.35m EPS - Underlaying 13.75p EPS -Basic 15.20p Dividend Final 3.34p Cash 12.40m Pension commitments 1.25m No. of shares 42.868m | master rsi | |
22/3/2019 17:02 | I'm pretty sure the results themselves will be pretty boring. We've already had the profit and cash so the only thing left of note is the working capital (yawn) and the pension fund deficit. We know the half year valuation in 2018 of the pension deficit was cautious so even though equities and bonds had sold off at the end of 2018 this should be fine. So, we are left with the forward looking statement. I expect something around reassurance on market expectations and cautious but firmly positive news on the 3% margin target. Plus at worst a stable order book. We know they have been winning lots of work regionally and this to me reassures on the margin. If you're winning work it's possible to go for margin improvement. Without it, it's very challenging. The main contractors are reporting improving margins so that bodes well too. It is after all only March so there's a long way left to go in year so I'm not expecting the directors to get overly excited yet. Happy to be proved wrong to the upside of course. Here's another project win from yesterday. Note "further expanded forward order book". | cc2014 | |
22/3/2019 16:10 | The problem is I've had a few companies produce some excellent numbers on results day, but the share price still goes down, (kape ) being the latest one. So Tuesday could disappoint regardless of results, markets are weird at the moment. | igoe104 | |
22/3/2019 16:04 | I honestly thought they'd wait until after results now. I wish I'd have known, I've been waiting for a dip to open a spreadbet and jumped in yesterday. Fingers crossed it'll look a lot better on Tuesday morning though! | squarepeg86 | |
22/3/2019 15:46 | Miton out playing "whack a mole" again I bet. Arrgghh. Roll on Tuesday. | cc2014 | |
21/3/2019 18:07 | It clearly started to rise in the run up to results but I expect more tomorrow/Monday. Since the trading update they have won a lot more contracts so it must be very good news to come. Tomorrow's IC mentions T Clarke in the section about next week, simply saying final results due Tuesday, no doubt that will prompt people to take a look and get in before then. | squarepeg86 | |
21/3/2019 12:46 | 5 hours later and the share price is still holding up. I assume Miton will appear later to play "whack a mole" but I'm beginning to sense they are happy to drip their shares into the market so many a day rather than decide they want a certain price and just keep selling until they have none left. All of bit of a surprise on a bad day for anything Brexit related. Most of the construction and house-builders are down today so this shows just how strong the underlying fundamentals are at T Clarke. | cc2014 | |
21/3/2019 08:01 | Something going on here. Price opens at 111.5-112.0 with 10k on the bid and buy side covered in orders below the bid I assume someone wants in before the results | cc2014 | |
20/3/2019 11:24 | Hmm. The share price is ticking up before the results next week. Or perhaps it is ticking up as fears over no deal Brexit fade. Whatever. I expect Miton will sell a few more if the price keeps ticking up. | cc2014 | |
19/3/2019 08:29 | Thanks for that riv, well worth a look. | cwa1 | |
19/3/2019 08:25 | This new analysis dated 12th March from the IC runs GARP tests across all 3 indices below - CTO comes out top of all the small caps, passing 7 out of 7 tests: "Growth at a reasonable price, or GARP, has proved a reliable strategy that has previously generated market-beating returns. We run our GARP screens across three indices: FTSE All-Share, All Small, and Aim" | rivaldo | |
14/3/2019 16:37 | Although the construction sector goes cycles, in a down turn typically landlords will continue spending on refurbishment, in an attempt to attract tenants and maintain yields. Hence TClarke’s strategy will help to smooth earnings. | lasmo | |
14/3/2019 16:22 | When I look at the UK housing stock, so much is antiquated Lots to do.... Solar roof tiles instead of panels look better Smart entry systems Electric car integration Chimneys not needed Better recycling Wireless communications etc Software engineering and practical application has hugh potential for future youth employment | muffinhead | |
14/3/2019 10:10 | Interesting stuff re CTO's working on smart buildings for Google DeepMind’s new HQ in London: And more on CTO's technology business: | rivaldo | |
11/3/2019 15:10 | Just a reminder that T.Clarke will be exhibiting and presenting at the Mello2019 event on Thursday 16th May They will almost certainly be doing two presentations so one in the morning and one afternoon. More info and tickets here... If you want a 30% discount you can use this code in the box ADVFN30 | davidosh | |
08/3/2019 15:12 | Glad I grabbed a good slug of these on the kind recommendation of my dear friend and Guru Jeff H.Looking forward to the 26th...and looks like like minded shrewdies (and T+20ers) are too ! | santangello | |
08/3/2019 09:51 | Thanks Norbert | profdoc |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions