Tclarke Share Discussion Threads

[tuscan4] 01/4/2019 17:02

Thanks CC2014,
Comparisons with early 2000's can be misleading. CTO was a pure electrical contractor in those days, throwing off surplus cash which went to augment its nationwide collection of small electrical contractors, all bought ad-hoc, with little strategic focus. With minimal pension fund commitments and little need for working capital they were very generous with the dividend. Hence the share price spike.

Everything changed with the 2008 recession. Legacy contracts maintained profits for a few years,then margins were decimated. CTO changed its business model to survive, the fruits of which are now emerging. Margins are rebuilding but will not go back to earlier levels. The pension fund deficit will, I believe, fall away over the next few years. CTo is moving up the value chain and is building a moat to differentiate itself from the competition.

CTO directors are rewarding themselves, possibly excessively , for the change in the company's market position. Shareholders received the bulk of the fruits of the earlier prosperity. Now the Directors are in pole position. To me this is a very vulnerable company to a private equity offer.

[cc2014] 01/4/2019 16:37

since I'm in a good mood this may help you Edmundshaw. ADVFN always adjusts the charts for share price splits and marks them with a sliver diamond.

[edmundshaw] 01/4/2019 16:01

But what kind of beast was T Clarke in 2005? And was it overvalued? And what was the number of shares in issue?

Not wanting to be negative, but just looking at the share price back then in isolation doesn't tell me much...

[hsduk101] 01/4/2019 15:32

Even better, didnt spot that. Surely the buyers will see that also and look at that as potential

[cc2014] 01/4/2019 14:55

The all time high is nearer 300p

[hsduk101] 01/4/2019 14:38

Just looked at the 10 year chart on this baby. Was originally as high as £2.44. Look at the financials then, they werent as great as last months figures.So this is great news!

Could we potentially double our money!!?

[its the oxman] 01/4/2019 14:14

See150p plus very achievable here if next update is positive, no guarantees , but looks very likely. Nice momentum.

[master rsi] 01/4/2019 12:38

The last "AT" already at 125p
So follow the TREND as so far is still "our friend".
Naturally is a higher BREAKOUT

[master rsi] 01/4/2019 11:54

Nice to see volume is picking up once again this morning, almost the same as last Friday and only half day yet

[spooky] 01/4/2019 10:43

Amazing how the market works. 90p no interest, 120p all the love in the world. Recent results were well received by the punteratti but they have four subsidiaries, two were less profitable last year, one was exactly the same. The fourth turned around from losses to profits, without that the figures would have looked ugly. No one has mentioned that, no one is interested, thats the market we trade in.

[hsduk101] 01/4/2019 10:37

This one is definately a mid term hold. At least a 2-3 months.

[master rsi] 01/4/2019 08:56

A very good starting day as plenty of buys are showing in the ticker and the stock moving higher.

[rivaldo] 01/4/2019 08:13

Buying coming in at 124p now....

[master rsi] 31/3/2019 21:25

Barchart Opinion for CTO




Composite Indicator



TrendSpotter
Buy




Short Term Indicators



7 Day Average Directional Indicator
Buy



10 - 8 Day Moving Average Hilo Channel
Buy



20 Day Moving Average vs Price
Buy



20 - 50 Day MACD Oscillator
Buy



20 Day Bollinger Bands
Buy


20 - Day Average Volume: 141,346
Average: 100% Buy




Medium Term Indicators



40 Day Commodity Channel Index
Buy



50 Day Moving Average vs Price
Buy



20 - 100 Day MACD Oscillator
Buy



50 Day Parabolic Time/Price
Buy


50 - Day Average Volume: 131,384
Average: 100% Buy




Long Term Indicators



60 Day Commodity Channel Index
Buy



100 Day Moving Average vs Price
Buy



50 - 100 Day MACD Oscillator
Buy


100 - Day Average Volume: 103,370
Average: 100% Buy






Composite Indicator
Signal
Strength
Direction



TrendSpotter
Buy
Maximum
Strongest




Short Term Indicators



7 Day Average Directional Indicator
Buy
Average
Strongest



10 - 8 Day Moving Average Hilo Channel
Buy
Strong
Strongest



20 Day Moving Average vs Price
Buy
Strong
Strongest



20 - 50 Day MACD Oscillator
Buy
Weak
Strongest



20 Day Bollinger Bands
Buy
Average
Strengthening


20 - Day Average Volume: 141,346
Average: 100% Buy




Medium Term Indicators



40 Day Commodity Channel Index
Buy
Strong
Strongest



50 Day Moving Average vs Price
Buy
Strong
Strongest



20 - 100 Day MACD Oscillator
Buy
Strong
Strongest



50 Day Parabolic Time/Price
Buy
Strong
Strengthening


50 - Day Average Volume: 131,384
Average: 100% Buy




Long Term Indicators



60 Day Commodity Channel Index
Buy
Minimum
Strongest



100 Day Moving Average vs Price
Buy
Maximum
Strongest



50 - 100 Day MACD Oscillator
Buy
Maximum
Strongest


100 - Day Average Volume: 103,370
Average: 100% Buy

[master rsi] 29/3/2019 11:22

From the "UPS" thread ...........

Master RSI Forecast for CTO Year 2019


Item
Fcast - Year 2019


Revenue
343.00m


Operating profits
10.15m


Profit before tax
9.40m


Profit after tax
7.63m


EPS -Basic
17.80p


Dividend
4.60p


Margins
2.95%


No. of shares
42.868m


A 5.56% increased in Revenues, as margins
move to 2.95% overall, EPS increases to 15.75%,
so is the Dividend by 15%, keeping the same
proportion of around 3.85 times EPS.

Comment: As shares are trading at 120p the
PE falls to 6.7, well undervalued for a
company growing at a rate of 15% on EPS
and cash of £12.4m in the bank.

[master rsi] 29/3/2019 09:08

122p +4p

Good volume buying and the BREAKOUT goes higher

[its the oxman] 29/3/2019 08:34

Still very modestly rated.

[its the oxman] 29/3/2019 08:34

Test of 130p only a matter of time now.

[squarepeg86] 28/3/2019 19:48

I've just been flicking through tomorrow's issue of IC and T Clarke gets half a page in Simon Thompson's comment section on bargain shares. I know there was an article posted this week but lots of people who read the magazine won't have seen the article.

[cheshire man] 28/3/2019 17:54

Good day here for us :-)

[master rsi] 28/3/2019 15:04

Any BREAKOUT must be with volume to succeed and go better, and today we got that now 300K and rising

[hsduk101] 28/3/2019 13:43

Wow nice little riser this. I bought 2 days ago and am already up 8% on this. Looks like another steady little riser and a good hold for at least 5-6 months, on the back of good financial results earlier this week

Def happy with this one. No bad news so far either

[cielos] 28/3/2019 13:27

Some profit taking once it reach 120p bid, but buyers are back and rising again

Is the name of the game, two up 1 down, so the trend is bullish

[master rsi] 28/3/2019 12:53

BREAKOUT

I made the chart 10 minutes ago but already is now a BREAKOUT on the Intraday high also