Tclarke Share Discussion Threads

[igoe104] 06/4/2020 14:10

Everything up in the market apart from these.

[theoldcodger] 31/3/2020 20:53

I'm sorry to hear you're out of CTO CC2014, even if it's only temporarily. I agree with most of what you say, although when inflation inevitably rears its ugly head, I believe that equities will be just about the only game in town. I'm not selling my position though (I'm roughly breakeven at the current share price), I first bought shares in CTO over 30 years ago and although I've traded in and out many times since then (usually profitably), it's one of the few shares I feel comfortable holding in these uncertain times (although I think declaring a final dividend with their recent results was somewhat gung-ho). As you say, it's impossible to know how all this is going to pan out, but even though the market may well head significantly lower, I think CTO has all the requisites to exploit the undoubted opportunities that will arise when all this has blown over. I look forward to you buying in again at some point in the future as I've always appreciated your contributions to this board. Good luck with your strategy, TOC

[igoe104] 31/3/2020 15:53

im adding to my core holdings not selling. i sell at the top of the market not at the bottom. should see some sort of recovery in 2 months or so. opportunity to add, whist folks give their shares away at bargain prices.

[cc2014] 31/3/2020 15:35

For the sake of transparency regrettably I have sold all my shares in T Clarke, along with nearly all of my equity positions.

I think it almost impossible to predict the likely outcome of Covid-19, but what I do know is that all this global worldwide government debt is going to have to be paid for at a later date by taxes, reduced expenditure and in the case of printing money inflation and I believe that will be a drag on company profits for years to come.

It remains my view that T Clarke will continue to outperform it's competitors by some considerable amount but that is not sufficient for me to remain in this trade at this time.

I will return when there is greater clarity.

[owenski] 30/3/2020 11:51

Did you notice Powerbrite's (competitor) reply to M.L's (CTO CEO) tweet?

"Shut down now and send your workers home"

LOL

[cwa1] 30/3/2020 09:53

Regent can't resist a bargain apparently:-

[cc2014] 26/3/2020 11:06

Just got back from my daily walk to find some news.



Regent added another 1.7% to it's holding bringing it to 13.7%. I note they added on the 24th notified yesterday so it wouldn't surprise me if they were adding again yesterday.

I guess that puts a floor under the share price around here.

[igoe104] 26/3/2020 09:20

Mark Watson-Mitchell has compiled a list of his ten favourite post-Covid-19 recovery stocks - CTO is one of them, with a £1.20 target price:

[santangello] 26/3/2020 09:20

Regent adding :)

[william7093] 25/3/2020 18:19

Hopefully T Clarke do the right thing by there employees during this corona if not could effect future government work when all over.

[cc2014] 25/3/2020 12:59

The interesting bit is that out of all the contractors T Clarke are named first.


It will be interesting to see if we find out who is doing the 4000 bed Nightingale hospital at Excel. At times like these quality comes to the top of the list.

[squarepeg86] 24/3/2020 14:29

What's level 2 looking like now anybody? Another 130k buy went through earlier

[norbert colon] 24/3/2020 13:14

https://www.building.co.uk/news/multiplex-closes-sites-with-immediate-effect/5105135.articleFlagship project for CTO - now closed along with all other Multiplex sites

[cc2014] 24/3/2020 12:03

I think it's helpful to look beyond the current Covid-19 situation to 2 years down the line.

Sure there will be some impact on T Clarke as there will be for many many other companies but that's why the share price is 80p now rather than 130p.

[owenski] 24/3/2020 10:52

Increasing number of companies are cancelling divi's, shelving cap-ex and putting projects on hold. The focus is now on cash preservation.

I really can't see CTO escaping unscathed from that, I'm of the opinion the next report from this company wont be so rosy, ST is naive or foolish. imo

[symbiote] 24/3/2020 10:39

Life has to go on .. and trauma now is opportunity to others - even in hospitality.

[owenski] 24/3/2020 10:25

I notice they've got around 25% of their forward order book in hotel work, really don't see that figure being maintained.

[cwa1] 24/3/2020 08:43

Wonder if we might see Regent Gas upping their holding? Haven't heard much from them in a while...

[johndoe23] 24/3/2020 08:41

The spread hardly creates an incentive for buying...

[squarepeg86] 24/3/2020 08:40

Looks like the 400k order got filled too and went through as a delayed trade after hrs from 9am. Somebody is very confident long term.

[minardi1] 24/3/2020 07:51

Yes, trading statement is past tense. But agree with Simon Thompson that share price is discounting long term depression that will not materialise. Govt stimulus will allow economy to pick up in time (c6 months, judging by China's experience as it now emerges from the crisis). T Clarke's strong balance sheet will see it through. Also construction firms not part of lock down, Govt announced today, so long as they practice social distancing.

[owenski] 23/3/2020 22:27

"How the company is trading"... Past tense, ST seems naive or foolish.

[standish11] 23/3/2020 19:31

Extract from Simon Thompson’s update today:-

A PE ratio of 4 suggests a collapse in earnings for many years to come which is completely at odds with how the company is trading. Buy.

[squarepeg86] 23/3/2020 10:59

2 large buys this morning @ 250k and 100k

[grahamburn] 23/3/2020 09:30

Speedy Hire are hardly the same type of business as T Clarke, though undoubtedly the current situation may well affect the operational capabilities of the latter.