Tclarke Share Discussion Threads

[janeann] 18/1/2013 11:31

but who is buying them.........

[brando69] 16/1/2013 14:13

henderson reduced by 1m shares - that accounts for one of the big trades the other day.

[brando69] 15/1/2013 09:34

someone's buying them anyway...

[empirestate] 14/1/2013 23:19

looks like axa were may have been taken out today

[brando69] 14/1/2013 13:37

well, my first thought when i saw those large trades was that someone might be accumulating ahead of a bid, but i guess we'd have seen an RNS by now

[philjeans] 14/1/2013 13:36

Yes but margins wafer thin and profitability has been falling for years.

Well run business though and could be taken over one day.

[brando69] 14/1/2013 13:10

p/e seems ridiculously low for a co with such a bulging order book going forward

[philjeans] 14/1/2013 13:09

hmmmmmmmm........... same sort of thing I guess.

Probably good news - the holders want to establish the loss before the share price rises too far to extinguish them!

Holding and bought more recently.

G/L.

[brando69] 14/1/2013 13:06

aha, yes that makes sense - thanks philjeans... can see that might account for today's efforts, but what about the big trades on friday?

[philjeans] 14/1/2013 13:03

Two cross trades to establish CGT loss and a buy back in another family name.

All at mid price. Quite common - done it myself many times.

[brando69] 14/1/2013 11:34

More million plus trades going through...

[brando69] 14/1/2013 11:20

actual price is 63/62, so continuing to nudge up

[gargoyle2] 11/1/2013 19:34

Why on earth would you advide clients to hold shares currently at 60p when you have a 40p price target? Hold these and lose a third of your money.. These guys are muppets.

Btw, I dont think for one minute these are going to 40p. Double that within the next year imo.

[steved] 11/1/2013 17:27

Following the IMS today Panmure Gordon has put a hold on CTO with a target price of 40p!! Odd or what?

[janeann] 11/1/2013 16:11

so, not being conversant with how this works, are these huge buys the cause of the price rise up to 60p, as MMs accumulated to fill the purchase order?

Whatever, it certainly gives confidence in the price at this level.

[brando69] 11/1/2013 15:19

over 6m shares or about 15% of the co now traded today

[brando69] 11/1/2013 11:42

and sure enough..

[brando69] 11/1/2013 11:35

will be very surprised if we dont' see a further move up today

[brando69] 11/1/2013 11:34

circa 5% of company

so we'll expect to see an RNS shortly

[sportbilly1976] 11/1/2013 11:32

brando,

with just over 41mln shares in issue whoever it is has done well to get hold of that quantity

[brando69] 11/1/2013 11:28

in fact two buys of over 1m shares have gone through in last 10 minutes

[brando69] 11/1/2013 11:20

buy of 1.1 million shares at 61.75 just went through. that'll be an institution buying in off back of the statement today, i guess

[mr_bluesky] 11/1/2013 10:35

"A VERY UPBEAT STATEMENT" and looks all good going forward!....

TClarke plc ("TClarke" or the "Group") the Building Services Group announces a trading update ahead of the announcement of its preliminary results for the year ended 31 December 2012.



Since the Interim Management Statement made on 16 November 2012, trading has continued in line with the Board's expectations for the year.



We are pleased to report that despite pressures from clients, contractors and suppliers the Group remains debt free. The consistent focus on cash management across the Group has seen net cash improve to £5.4 million as at 31 December 2012 (31 December 2011: £0.6 million). Whilst some cash will be used to fund the working capital requirements associated with new projects, we expect the Group's net cash position to remain positive throughout the course of the normal business cycle.



The forward order book as at 31 December 2012 was £230m (£190m 31 December 2011), with over 55% of the requirement for 2013 secured.



New contract wins include:



· 1,500 Residential units across Scotland.

· 240 Blackfriars, Residential Block, London. (The commercial office development for Great Portland Estates having been previously secured).

· Ashcombe Primary School, Weston-super-Mare.

· Brindley Place, Commercial Offices, Birmingham.

· Hermitage Court, Commercial Offices, Maidstone.

· Premier Inn, Falmouth.

· The Shard Fit Out Works, London.

· University of East Anglia, Building 57, Norwich.

· Waitrose Stores at Buckhurst Hill, Cirencester, Clapham and Stirling.

· Woodlands School, Basildon.

· York Hospital Maternity Unit, York.

In addition as a partner in Balfour Beatty's successful bid on the Welsh Government's 'Designed for Life: Building for Wales 3′ National Framework we have secured the first project to be released; Cardigan Health and Social Care Centre, Cardigan Bay, to commence later this year.

We expect market conditions to remain tough during 2013, but we maintain strict criteria when assessing which projects to bid for and ensure that our tender prices reflect the true cost of completion.

[brando69] 11/1/2013 09:29

excellent update