Tclarke Share Discussion Threads

[cc2014] 17/6/2019 14:31

I agree it's frustrating Squarepegs but tbh I'm only fed up because the weather has been so lousy for the last three weeks and I'm watching the screen. There's plenty for me to do outside but it's just not warm enough and too windy to motivate me to move from my desk.

Best to come back when the interims come out which I think we already know won't show any surprises but by the same measure the directors will say them are on track for year end and the following year.

[squarepeg86] 17/6/2019 13:14

It is very frustrating, only the other week people would have been snapping them up at this price! I'm still surprised that it's stayed at this level for so long now. Hopefully we'll see people buying as we get closer to the August half year results.

[cc2014] 17/6/2019 11:19

This stock is doing my head in again. There's a 25k iceberg at 115 which comes back when it is hit. It's been there for a week or 10 days now. It doesn't seem inclined to move like it's a limit order for someone who's told their broker I'll pay 115 and no more. Oh well. I guess it means the price won't go lower.

[tomps2] 17/6/2019 08:23

TClarke presentation Mello May 19 by CEO&FD



A very comprehensive overview, with financials, current market expectations, their markets & selection of current projects etc

[igoe104] 17/6/2019 08:00

T Clarke mello presentation.


hxxps://www.research-tree.com/media/t-clarke-cto-presentation-at-mello-may-2019-17-06-2019

[cc2014] 14/6/2019 10:34

This is the one I like Lasmo. We can see the icon on Finland!

[cc2014] 14/6/2019 10:30

lol. Well I kind of agree and don't agree. MOGP's turnover is £12m and CTO do data centres larger than that in one job so we are talking entirely different scale, but I guess if MOGP are making good money it follows all their peer group should be making good money.

It's certainly the growth sector right now and you can't beat the spread on CTO for it's market cap.


As an aside I have no idea what is going on with the trades as one would think with a 53k sell going through at 115.25 their would be no support on the bid yet I can sell 30k within the spread and if you want to trade 10k, the price is 115.65 to sell and 116.49 to buy.

I assume it's a sell as the price hasn't gone low enough for it to be a buy and I have to guess it's a worked order that the MM have been sitting on for some time which is now complete and explains why the price has not been rising. I dunno. Maybe we will get a corresponding decent sized buy being reported late too.

[owenski] 14/6/2019 10:08

MOGP results are a good read across for CTO which operates in similar data centre refits.... CTO easier to trade, smaller spread and pays a divi, plus has other verticals and is also still 'cheap'. IMO

[cc2014] 11/6/2019 09:43

The FTSE has turned up the last couple of days but CTO lagging.

Whoever has been getting up and selling stock every morning appears to have finished at last. Today we have 6 buys so far so I guess the MM had a bit of stock left over from the last weeks sellng to shift.

I'm not really bothered as I'll still be here for years to come and any short term movments are unimportant but it would be nice to see it turn back up. As long as the buys keep coming the MM will run out of stock at some point.

[cheshire man] 10/6/2019 08:11

Well whoever it is they allowed me to buy at bargain prices,,,,IMO I thought CTO was undervalued at 140 so happy to keep buying down here

[igoe104] 09/6/2019 15:37

Can't see any woodford funds in the major shareholders list. I wonder if Milton have started off-loading again ? they hold just under 10% of the company. maybe some of Milton clients have been spooked by Woodford debacle and starting to offload, forcing Milton to sell, these kind of things can cause a dominoes effect.


Ps Surely Woodford shouldn't be able to charge fund fees if the clients can't even buy or sell out of the fund ?, he makes millions in fees from clients, £244 on average from each client a year.

not bad for losing clients money.

[cheshire man] 09/6/2019 11:19

A couple of big trades on Friday causing the dip, anyone know if Woodford had a stake ? not that it matters to me just wondering who sold

[tim1478] 07/6/2019 17:58

I am a PI who got stopped on dip. I have bought back and will do so again if there is a further dip to 105 , which I think is a possibility

[william7093] 07/6/2019 16:38

What is the background of t Clarke director

[texaspete2] 07/6/2019 14:53

The size of the purchase is also even more encouraging, increasing current holding by 42%. GLA

[tuscan4] 07/6/2019 14:31

I read this purchase as encouraging. They would not be making such a commitment if there was any bad news in the wings imo.

[cc2014] 07/6/2019 13:48

Company buys 250k shares today at 120p for ESOT. Someone must have sold a shedload if they were able to buy that many or alternatively the MM is still working it and the price will creep up later.

[cwa1] 07/6/2019 13:45

Grabbed a few at 115p. Probably go lower still but hoping that buying a quality company at a reasonable price will pay off over the medium to longer term.

[its the oxman] 07/6/2019 13:00

Frustrating dip but happy to add and wait for next figures. Last update was pretty positive here. Be very surprised if we stay this low for long.

[from8to800] 07/6/2019 10:34

Either someone knows something that the market doesn't or this is the worst execution of a sale order I've ever seen. Or someone's in desperate need to get some cash.

[cc2014] 07/6/2019 09:49

Bizarre. Kier up 8% today, rest of sector about as much up as it is down.

A reminder from house broker:
On on FYl9 P/E rating of 6.1x, TClarke trades at a substantial discount to peers (7.8x). We believe that earnings momentum and revenue visibility should support a higher share price. Whilst Brexit is likely to dictate near term sentiment, we see re-rating potential as uncertainty clears. We believe a P/E rating of 8.6x is justified, a l0% premium to the sector. This would imply a share price of 150p.

IC also have a price target of 150p

[nattagoza] 05/6/2019 14:19

My view is if you like the company have done your research and confident that the price will be at the anticipated level in the future then just ignore the fluctuations in the price, I have an exit target but nowhere near that, I picked some more up yesterday after checking for any news, I see no reason to sell at the mo.