Tclarke Share Discussion Threads

[cc2014] 11/10/2019 10:46

BDEV 7.5%, BKG 6.5%, Vs 7.5%, GFRD 10.5%, KIE 6%, PSN 7.5%, RDW 5%, TW. 7.5%

And then there's RBS 8.5%, LLOY 8%

I could go on.

The funds will start picking up the second line stocks like CTO during the afternoon.

[santangello] 11/10/2019 10:32

......and bouncing nicely from support levels....

[mfhmfh] 11/10/2019 10:14

On a full year expected EPS of 17.5 this is very cheap IMHO.

Also 'business �is trading ahead of internal budgets for turnover�'

[cc2014] 11/10/2019 08:44

Methinks given the move on Brexit related stocks this morning and the way some of the buiders are alrady up this is about to run up.

BDEV +5%, BKG up 5%, CRST 5%, GFRD 5%, KIE 6.5%, PSN 6%, RDW 4%, TW. 4%

[cwa1] 09/10/2019 10:04

Absolutely, IF there is some kind of "sensible" resolution-whatever it is-it will no doubt be helpful. However I think it is vanishing unlikely that will be the case, fingers crossed though that I'm wrong!!

Anyway, not the right place for Brexit chatter, so more than happy to leave it at that :-)

[squarepeg86] 09/10/2019 08:52

Fair enough but what I meant by that is the deadline date will have passed so either we'll have left or the date will have shifted allowing people to maybe dip back in for results at least.

[cwa1] 09/10/2019 08:30

Brexit fears over by next month?? I admire your optimism if nothing else :-)

[squarepeg86] 08/10/2019 22:09

Seems there's still a large seller knocking about or people are getting nervous and preferring to hold onto their cash with Brexit around the corner. Trading update is due next month though too, hopefully by then Brexit fears will be over and it will boost confidence.

[johndoe23] 08/10/2019 13:04

Not sure santagello. Very well run company, but with brexit getting messy and markets in general, I still think downside is as likely as any upside.

[santangello] 08/10/2019 09:04

I have been adding again recently, and another 10k 'stolen' this a.m.......crazy/bargain levels here ??

[santangello] 19/9/2019 09:34

.......I'm not happy....I couldn't make my purchase yesterday, it'll be Monday now.....just as the confirmation of the retrace gets confirmed !!!

Lord only knows what I'll be paying on Monday morning, but I'm in for the long term, so I shouldn't rant really lol......

[jaf111] 18/9/2019 07:51

Interesting, but can see this drifting back to 80p, which would be my buying price....

[santangello] 18/9/2019 06:49

.....the yield alone of over 4% at these levels is yummy enough, never mind the opportunity to gain a minimum of over 20% in the near term (just to retrace the recent levels of 120p +)I will be adding at the open, with momentum now with the buyers, and endorsed by positive news such as that kindly shared by Jeff H yesterday.

[deanowls] 17/9/2019 17:00

Starting to get interesting again.

[santangello] 17/9/2019 15:46

Hi Jeff......

Well if my Guru gas added, I'm adding more.

A huge debt of thanks once again to you bringing these to my attention last year.

Shrewd buyers now appearing.....

[jeff h] 17/9/2019 15:40

Just added a few myself Santa.

I note Phase 3 of Battersea where Clarke's is a contractor is going ahead:-

[santangello] 17/9/2019 14:42

Looks like support and bounce level is close to where we are now.

I have opened 2 x T+20 Trades accordingly over the last 2 sessions.

[skyship] 17/9/2019 13:32

Chart looks truly horrific and share price oversold....but with that low down at c80p, guess I'll hold off and await further events:


free stock charts from uk.advfn.com

[squarepeg86] 11/9/2019 21:34

Wow thanks CC2014. A very detailed and informative post. Also nice to see what's happening on L2 for those of us who don't have it.

[edmundshaw] 11/9/2019 11:20

That is excellent news and smart thinking by the treasury/Javid.

In reality, the only real loss to the taxman (taxpayer) will be from any firms "disappearing" in that 12 month period. Other firms will get their free loan extended a year, and with interest rates so low, that will not be a material burden on the taxpayer.

[cc2014] 11/9/2019 09:50

Link here. For some reason I can't seem to work out how to display it as a pic

[cc2014] 11/9/2019 09:48

L2 has been heavily manipulated the last couple of weeks with the objective of forcing the price down.

As you can see from the volume yesterday's AT trades there were a large number of buyers sitting on the order book at prices between 100 and 102 so the manipulation did it's job.

As the price was forced down from 109 where Rivaldo got out (well done to him) there appeared to be a trickle of PI's selling, which was possible to spot due to the size and the reaction of the MM's. However, there was also in the background a large insitutional seller (or possibly two) who rather than selling by hitting the bid kept sitting on the offer waiting for buyers to come to them. This tactic would have usually made them an extra penny or so but what happenned is the price kept moving away from them to the smaller PI sellers above.

So, each day or alternate day or whatever they would move their order down on the book, which made the price fall and then more PI's would sell as they saw their profits disappear (or lossses increase)

Eventually the large seller or sellers got to where we were yesterday. Very large buyers on the book at 101-102 and them sitting at 103. By mid-morning those large sellers were still sitting patiently waiting (whilst in the background manipulating the order book to make it look really bad) and the seller must have been tearing their hair out. Galliford would have been up about 10% on the day at the time, having peacked at 20%, and every other construction stocks was up 2-5% except BVS and still no buyers coming to fill his order.

So, he did what many people do in that situation. He dumped his holding in one go. Out of sheer frustration. He'd been trying to sell it for 2 weeks and every day achieveing nearly nothing. Ok, I don't know he dumped the whole lot but the order book has changed significantly. If he hasn't dumped the whole lot he's dumped enough he's now happy to wait it out again.

Today we have every single construction stock blue by about 2% on average and if he's still (which I don't think he will be happy to wait for the market to come to him).


However, I spoke about a second seller. I strongly believe there is one more seller perhaps with as little as 30k shares, perhaps with more who wants out and is still waiting to be filled. He's part of the reason the other seller was getting desperate and dumped his shares yesterday as they were both walking down their sell orders on the book.

I will try and post a pic of the order book later. Tinypic my usual hosting service has shut down in the last month so I'll have to find something else.


It would be my guess that it really doesn't matter if there remains a seller beyond the 30k. The construction sector is moving up fast, as are banks, financial services, property. Anything Brexit basically.

I assume the large seller wanted out of CTO as they saw more bang for their buck elsewhere. Fine. But now we have 40% upside from there to hit the recent high and if Boris does sort Brexit with a deal there's so much pent up demand and that's ignoring the fact that the government is finally starting to ease the purse strings on public spending after 11 years of austerity.

[squarepeg86] 10/9/2019 17:36

Anything interesting on level 2? High volume today and I really didn't think we'd be seeing these levels again, certainly not hovering at them.

[cc2014] 09/9/2019 09:09

This will help the year end cash position significantly. The affects of this legislation were already in T Clarke's market expectations for this financial year and thus the delay will improve their cash position by about £5m by my reckoning.

[cc2014] 05/9/2019 10:25

Sad to see you go Rivaldo although good to hear you may be back. I don't think anyone could ever see banking a profit as a bad decision and in uncertain times it's always good to have some cash reserves.


More broadly


I've been investing in shares for more years now than I would like to admit and my spreadsheet shows me the best time to invest is usually when things start to look really bleak. The last time this happenned was during the football about 2 days after the Brexit vote in June 2016. If I remember England were losing to Iceland and the stock market really wasn't very happy. I bought a whole load of stuff during half time of that football match and did very well out of those trades, most of them doubling or tripling within 2 years.

Are we at the maximum point of depresssion now? I'm not sure. If you put me on the spot I'd say this happenned a couple of days ago when cable breached 1.20 and Boris was in full flow. Parliament have found a common enemy in Boris to fight now and finally have found some balls. Boris is in a hurry to get a solution, which is good as markets like certainty and all parties and a number of heavywight politicians are finally getting off the fence and making things happen.

When you have a new PM wanting an election and the opposition parties who are not in power turning him down you know something signifcant has changed in politics.


I see money being pulled out of bonds over the last few days and flowing to equities. Bargain hunting I think as investors risk appetite is changing.