Tclarke Share Discussion Threads

[cc2014] 03/5/2017 20:09

That's alot of trades going through today. Looks like sellers out on the back of a poor day for construction kicked off by GFRD legacy contract and followed up by CLLN trading update at midday.

[cc2014] 03/5/2017 12:31

I cannot read these trades at all and by the look of what's been going on with L2 for the last week I'm pretty sure the MM's don't know which way the flow of trades is going next either.
There's certainly decent volume going through which suggests good rotation from those that want to sell to those who want to buy.
AGM and trading statement on Friday. Clearly someone want in and some want out before then.

[onjohn] 30/4/2017 15:25

ask about the ruddy big pension hole

[dozey3] 30/4/2017 15:15

Can't make it CC, but will be very interested to hear what directors have to say. Seems stinking value at this price if order flow is maintained and low-margin work declined.
Am coming round to thinking this co would be better off on the AIM market. It is cheaper, but my reasoning is the Inheritance Tax relief angle. Many decrepit old mugwumps, including yrs truly, are looking for well managed dividend producers with a fair chance of not going belly up, in which to tuck their grandchildren's Student Loan repayments. Just a thought.

[cc2014] 30/4/2017 11:38

I will be attending the AGM on Friday. Anyone else?

[tjbird] 26/4/2017 12:32

Support at 60p on chart

[johnv] 26/4/2017 12:23

Down again today

[igoe104] 21/4/2017 18:45

Good news that, thanks rivaldo.

Just checking the forum, first time in 11 days.

I`M in the hotel (Westgate Villas) Orlando USA, lobby.

killing time, Checked out waiting for the taxi to Orlando airport for a flight to Manchester.

[rivaldo] 21/4/2017 12:17

Impressive new contract win:



"Central team wins M&E for Royal National Orthopaedic Hospital
Posted: 18th April 2017

TClarke has been awarded the M&E contract for the Royal National Orthopaedic Hospital’s major new development, as TClarke Central & SW MD Kevin Bones explains:

This is an excellent, large scale Hospital M&E project, including a Combined Heat and Power plant, HV works, Two 700Kva Backup Generators and a Photovoltaic installation. It is significant for our business for a few reasons.

Another Targeted Tendering success

Firstly, this is yet another major project which we have targeted and won, following our targeted tendering approach that has aimed our resources at the kind of projects where we can best show and deliver value for all our stakeholders.

This job is a portfolio job on a large scale, it gives our teams the opportunity to help deliver something they can be proud of, it allows our Central teams to show and to further develop their skills in delivering large scale M&E projects.

Further strengthening of our healthcare credentials

Secondly, it further strengthens our Healthcare credentials, nationally and in this region. The chance to show skills and deepen our relationships and knowledge within the sector is extremely valuable to us.

Evidence of our high quality order book

Thirdly, this job shows everyone with an interest in TClarke, the kind of high quality jobs that our record £350m order book comprises. It is another signal of the confidence that the business has going forward - not just in London - but across our regional operations too."

[cc2014] 20/4/2017 22:21

It's going to take that trading statement to shift the price Rivaldo as the sells keep coming in volume every day. I'm not sure why because the overall picture here is completely predictable and fairly easy to work out but clearly somebody or somebodies don't agree with me. I may go to the AGM.

[rivaldo] 20/4/2017 15:45

The AGM trading update is in only 2 weeks' time on 5th May. Given the outlook in the finals I suspect it will be very positive.

CTO's going ex-div last week is responsible for 2.7p of the recent fall.

[jeevsje] 20/4/2017 13:56

70p seems to be support on the chart. Question is whether they will test that support?

[cc2014] 20/4/2017 13:31

Games being played methinks by the look of L2. I suspect they are trying to hold it down to get stock to fill my order which will get reported in around 45 minutes which is a buy but which no doubt will get reported as a sell

[basem1] 20/4/2017 12:45

Good chart support at 75p me thinks.

[opodio] 20/4/2017 12:26

better off waiting could get 70

[basem1] 20/4/2017 12:18

I've put a 40000 buy order in at 75p.

[cc2014] 20/4/2017 12:15

Stocks drift because they do. Sometimes for no reason.

The next trading statement is in a few weeks and shock horror the order book will have gone up a bit, the directors will say they expect to beat consensus numbers and it will be surprise to some.

I don't need a trading statement to tell me all that - just looking at the time and energy all construction companies are putting into recruitment (apprenticeships) tells me they are busy.

I held NMD for about a year before the market re-rated the stock. Same pattern here although it would be helpful if we could get through the trading update without yet another substantial one off cost hitting the bottom line.

[dozey3] 20/4/2017 10:34

The market is looking further ahead when work might trough if there is something of a Brexit hiatus. Good for the long term though at this price IMO.

[basem1] 20/4/2017 10:21

Lack of buyers, Easter Hols, trading without the dividend and searching for a support level on the chart. I have a few already but looking to double up as low as possible. Extremely good value with 50% upside from this level though.

[jeevsje] 20/4/2017 08:34

Anyone know why they are dropping the share price? Look undervalued from what I have read. Pondering whether worth buying.

[cc2014] 19/4/2017 14:02

And finally as I'm feeling grumpy someone is trying to lock the price in a range of 75-80 by using large orders on L2. This is very unusual as normally the lock is only on one side.

[cc2014] 19/4/2017 13:42

So, all builders and housebuilders are up today except CTO. For reasons I don't understand. The exchange rate move will be positive as that will reduce import prices.
It seems someone set out this morning to turn CTO shares into cash, presumably to spend on something else.

[nw99] 19/4/2017 13:15

Good support at 70 I may buy back in there

[cc2014] 14/4/2017 08:00

A good day yesterday. Share price down a penny whilst receiving the 2.7p dividend.