Tclarke Share Discussion Threads

[effortless cool] 21/11/2019 10:50

Need to press return.

[norbert colon] 21/11/2019 09:22

hTTps://beta.companieshouse.gov.uk/company/00310690/filing-history

[valhamos] 21/11/2019 08:29

NC - You could at least make it clickable - change https to hTTps.

[cwa1] 21/11/2019 08:01

Snappy link NC....but only of use to those that are linked to a widescreen TV! Not working for me either...

[cc2014] 20/11/2019 09:17

Good to see a change in broker. I have the feeling N+1 had been the house broker for so long they had become complacent and were doing little to promote T.Clarke.

We'll see how Cenkos do. I'm assuming the rise in share price last week for no apparent reason is that Cenkos either briefed their clients ahead of the announcement or they were provided with enough information from T. Clarke as part of the bid process that to see it was undervalued. Perhaps they were just picking up stock prior to shifting them on to their clients (that never happens does it?)

Certainly the pattern remains the same today as it was yesterday in that someone is trying to keep the price down.

Cenkos are currently sitting on the bid which is good to see as it's the first time ever that's happenned as previously they held such a wide spread they are always 5p off the money on both sides.

[cwa1] 20/11/2019 07:53

TClarke plc (the "Company"), the building services group, is pleased to announce that Cenkos Securities plc has, with effect from today, been appointed as the Company's Corporate Broker.



The Company will issue its planned autumn trading update to the market on 28th November 2019.

[cc2014] 15/11/2019 14:56

A number of other construction stocks going with the rise now

[its the oxman] 15/11/2019 12:41

Is there an upgrade or something, really should be nearer 150p than 100p. Expecting much more from here if trading reassures as still feels well oversold imho.

[igoe104] 15/11/2019 12:18

Yep, momentum completely changed.

[cheshire man] 15/11/2019 11:43

Good close to the end of week if it holds :-)

[fredfishcake] 15/11/2019 10:18

Always nice to see something climbing leading up to the trading update - makes you think there shouldn't be any nasty surprises lurking (there, that's tempting fate for you!).

[mfhmfh] 15/11/2019 09:40

maybe all three

[cc2014] 15/11/2019 09:32

Tipped somewhere? won some work? or has market just woken up to how undervalued this is?

[santangello] 14/11/2019 15:48

I stand corrected, thanks Edmund....

[edmundshaw] 13/11/2019 20:46

Trading update 28/11 according to CTO website...

[santangello] 13/11/2019 16:11

....any wiff of (anticipated) good news on the 27th and these levels will look silly, especially looking at recent highs, which were achieved on historical news/numbers.

[lasmo] 13/11/2019 14:28

Although (as most of us know) the UK construction sector is depressed, I’ve been hearing there is still quite a lot of activity associated with development of brownfield sites for London housing. These projects will suit CTO as they are typically high density flats which will fit the offsite prefab model. Looking forward to the trading update at the end of this month.

[cc2014] 13/11/2019 14:05

The share price seems to be slowly nudging up indicative of someone trying to buy stock as cheap as possible.

That's the third 10k gone through today, along with two 5k's as well.

[cc2014] 07/11/2019 15:10

The challenge is if there is a bid at 150p what are the directors supposed to do? Given that's a 50% premia to the recent share price they would have little choice to accept, but it seems to me that would undervalue the company.

That would only be a P/E of 9.4 and that's based on 2018 profits not the expected 2019 profits or the increase in both revenue and profits from all the additional government capital spend set out above in th above posts. A takeout at a P/E of 9.4 for a company with a rich order book, no debt and about £12m of net cash seems way to cheap to me.


If all this government spending goes ahead, someone has to do the work. T Clarke seem better placed than most as they have the highest percentage of employed staff (as opposed to sub-contract labour) compared with their competitors.

This is where we are on the delayed Midland Metropolitan Hospital which stalled when Carillion went bust. You can see there are worries on labour supply on this one project due to all the labour that will be sucked up from the Commonwealth Games. How Labour think they could possibly build all this stuff is beyond me.

[tuscan4] 07/11/2019 13:17

am I the only one thinking CTO is a sitting duck from the so-called wall of money waiting to pounce on undervalued UK assets once the election is over and Brexit is done?

[deanowls] 07/11/2019 11:41

Yes CC. I’m back in this morning on that exact thinking.

[cc2014] 07/11/2019 10:27

Nice to see the share price ticking up.

Conservative government = considerably more infrasture spend
Labour government = adds up to double the current level of investment
Lib Dem government =revoke A50 and all those delayed projects get released

Hung Parliament = most likely = Conservatives get their budget through on investment.

[cc2014] 06/11/2019 17:58

I agree. Once a year seems about right unless it's a different geographical location

[norbert colon] 06/11/2019 13:42

Agreed - they attended in May. Twice in one year is not really the best use of mgt time. Hopefully they will attend next year.