Tclarke Share Discussion Threads

[janeann] 26/3/2012 12:14

and some continued decent buys this morning

[hvs] 23/3/2012 19:25

U is so wright.

And u knows what that chart that chart looks so nice

[ch4rles bronson] 23/3/2012 15:22

Mkt cap £20m, pbt£4-5m, must be a steal at double the current share price if the economy is at the bottom of the cycle, in it to win it before a predator strikes.

Remember by the the time recovery becomes apparent for all to see the share price will have shot up to reflect better times ahead. In the meantime enjoy the 6% div.

gl all.

[hvs] 23/3/2012 11:26

Where is the numpties ? Still on the FENCE with humpties ?

[ch4rles bronson] 21/3/2012 19:40

Hutton, Pan Gord forecast was updated on day of result and they have reiterated their Hold but increased their profit figs/eps etc.

[hvs] 21/3/2012 18:46

Watch this go higher still.

[ch4rles bronson] 21/3/2012 16:01

20-Mar-12 Brewin Dolphin Buy 47.00p - 60.00p New Coverage

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Home > Shares > News & analysis
T Clarke toughs it out
By Jonas Crosland, 20 March 2012

Profits and margins took another hit last year at building services group T Clarke, although there are signs that the current cycle may be bottoming out. Forward orders remained steady at £190m and, even though the dividend has been slashed, it is now well covered by earnings. Meanwhile the shares, which now trade on just four times earnings, are unlikely to fall much further.

IC VIEW:

Nearly all of the cash has been eaten away – although there's an untouched £8m overdraft facility to cover short-term needs – and trading remains tough. Still, after slumping over 45 per cent since August, the shares, which now trade on just four times earnings, fully reflect those challenges. Hold.

Last IC view: Sell, 55.38p, 2 Sep 2011

[hvs] 21/3/2012 12:44

And I is still buying

[zeuseq] 21/3/2012 09:49

hvs put your black pointy hat back on and go stand in the corner,...naughty boy!

[huttonr] 21/3/2012 08:24

HVS - I'm afraid I must be undereducated as well - could you explain your last posting, please?

[hvs] 20/3/2012 18:02

lol !!!!

Our schools are surely failing us.

WORN ????

And I is only 6.

[ch4rles bronson] 20/3/2012 17:12

Not sure about sitting on the fence but the poster above is sitting on his bench, in fact he's onto his second bench having worn the first one out.

[bench2] 20/3/2012 16:14

chartists will love this long saucer bottom pattern . Wait for the pull back to 42-43p new support level . A good break out on high volume today .

[hvs] 20/3/2012 15:20

I wonder if numpty is still on the fence ?

Watch this go go go.

[hvs] 20/3/2012 12:49

No apologies necessry.

Buy CTO u will not regret it.

[pugugly] 20/3/2012 12:48

Are we at thebottom of the cycle ? Japan stock market still some 75% below peak. Aging population like UK - Bak rate super low for decades - Companies becoming uncompetive compared to rest of Asia - OK I know CT are a UK focused company but the economy has to grow to benefit them - Jury still out (imo)

Sorry to be a wet sponge for holders BUT !!

[fewdollarsmore] 20/3/2012 12:45

justthemoney - not stalking you just thought I would take a look at this co and now on my radar thanks I also thought to mention PPC & TNI to you, if you like to discuss them then pop over to their BB.

apologies to all for off topic.

[ch4rles bronson] 20/3/2012 12:40

Severfield Rowen Underlying basic earnings per share is 8.05p putting it on an historic p/e c.21 and has net debt of £31m, although a much larger mkt cap. If CTO could achieve p/e of 10 it would be c.75p based on underlying earnings of 7.34p.

IF the ecomomy is indeed troughing CTO is incredibly cheap, I suspect many companies are carrying pension deficits, CTO claim to be addressing the shortfall.

IMHO the merest sniff of recovery and 100p is not a distant reality, potential bidders will want to strike before economic recovery gains traction whenever that may be.

[justthemoney] 20/3/2012 11:51

Those with spare cash should buy. This is a steal after such a reasonable results. We are at the bottom of the cycle and CTO has survived. Upwards and forwards from now on. IMO. I'll buy more if they stay under 50p just before going ex div.

[pugugly] 20/3/2012 11:20

Agreed re pension liabilites - A real company killer in these markets - Increased contribution levels coming PLUS retirees are living much longer and the very low yield on gilts increases the actuarial deficit.

Before taking any investment decision here I will have to do a lot more digging on the worst case pension scenario - gut feel at the moment suggests that the buy targets suggested by previous posters may well be too high given the current state of the UK contracting industry and a read across from Severfield today (UK coments only)

[huttonr] 20/3/2012 09:16

I agree with most of the comments (hvs an exception) - I have a target price of 38-40 to buy if the general economic climate stays the same - I think its 50/50 whether they just struggle on for the next few years or get taken out by a bid. When the market picks up in 2013/14 they will be worthwhile.

An MBO.. ? no real directors holdings at present so not a good starting point with the pension problem - a bid from someone with cash backing seems more likely.

[hvs] 20/3/2012 09:15

Me is 6 years old and I is still buying , online and all.

U just sit there on the fence , be craeful though I knows all about humpty dumpty.

[goliard] 20/3/2012 08:33

hvs, 'you is quite obviously still not buying'. How old are you?