Tclarke Share Discussion Threads

[igoe104] 28/1/2022 14:09

Excellent company to hold and positive guidance going forward. Certainly a strong hold for me.

[santangello] 27/1/2022 09:01

If Carlsberg did Trading Updates.......

[ansc] 10/1/2022 15:23

Just to remind shareholders in these turbulent times:

Outlook and Order Book Growth

At 30 June 2021 we reported that the business had reached a significant strategic milestone with the forward order book in excess of GBP500m for the first time. At 31 October 2021 the forward order book had increased further to GBP525m; in excess of GBP320m as at that date (2020: GBP257m) was already secured for 2022 with many other significant opportunities in our bid pipeline.

As a result of the continued strength of the Group's forward order book and the proportion of the order book already secured for 2022, the Board now expects revenue for the year ended 31 December 2022 to be ahead of market expectations at GBP410m.

The Group has five key market sectors: Infrastructure, Residential & Hotels, Engineering Services, Technologies and Facilities Management. Technologies is a major growth area and key to achieving GBP500m. It is therefore pleasing to report that the Board now expects one third of Group revenues to come from Technologies in 2022, up from under 15% in 2020.

Our long-standing, high quality reputation and the strength of the relationships with our blue-chip clients is a key asset for TClarke. Furthermore, our strong balance sheet continues to be a significant differentiator and enables us to win and deliver projects of a scale which positions us well for further growth.

We approach the new financial year in a strong position, both operationally and financially which gives the Board confidence for the Group's prospects for delivering our GBP500m revenue target by the end of 2023.

Date: 25 November 2021

[santangello] 23/12/2021 16:06

Added 3 times early on this morning. The January sales came early this season.

Oh what theft I committed today :)

Merry Christmas to all shrewd holders.......next test around 175p.

It would not surprise me to see column inches / 2022 Tipsters covering CTO and consequently putting a rocket under the share price.

[aishah] 23/12/2021 13:28

On a PEG of 0.3 and PE under 7. Won't be surprised if it is in SCSW's 2022 Naps.

[ali47fish] 22/12/2021 12:52

John is that your answer to my question

[john09] 22/12/2021 10:01

Has anyone seen Alan Turing ? I need a code breaker

[ali47fish] 22/12/2021 09:52

John I have not invested in cot- why has itretraced and having followed itsince the sw tip- is it sensible to consider investing now-thanks in advance

[john09] 16/12/2021 15:48

I wouldn’t buy anything at the moment., at all. Nada

[edmundshaw] 16/12/2021 15:08

Smaller companies being blatted en masse after the tiny interest rate rise. Cycling into financials perhaps, which hve risen strongly and will benefit directly.

But not ALL smaller companies are burdened with debt that even a 1.5% rise is going to be a millstone; certainly not CTO with very little debt (net cash of £2m at interims, interest paid in the period just £0.3m).

[petomi] 16/12/2021 11:17

CWA1 - agree it's time to top up!

[cwa1] 08/12/2021 14:10

Small top up for me at 144 and coins

[aishah] 07/12/2021 08:41

Added recently on this dip. Fabulous results, solid company imo

[santangello] 03/12/2021 11:56

So yesterday was just RG slicing a little profit off their gains. They retain a healthy holding.

Adding time has returned, buyers returning, as expected.

[santangello] 02/12/2021 13:56

Looks to me just a PI selling, price reacting accordingly.

Once the seller clears, I shall recommence adding.

Nothing but good news from the company, so why wouldn't a shrewdie add at a sale price ? :)

[john09] 02/12/2021 09:47

Surprisingly poor share price after those results . Thought they’d kick up

[edmundshaw] 02/12/2021 09:44

In July they said hey said "Significant progress in building capability as the Company progresses towards target of delivering GBP500m in revenues whilst maintaining margins".

They have always kept a focus on good quality contracts and keeping a good 3% margin.

[minardi1] 01/12/2021 14:45

May be the fact that no guidance was provided on margins. £500m counts for little if it does not deliver profits. "Top line vanity, bottom line sanity", to use the old saying from the clothes trade. They need to guide on margins as well for the market to buy into their growth story.

[dr biotech] 01/12/2021 14:05

Difficult to see what’s holding this one back. Thin margins and possible inflation? But the record order book and upbeat statement hasn’t helped a lot.

[km18] 25/11/2021 17:50

T Clarke plc published a trading update for the period 1st July to present. Volumes have accelerated during the second half of the year as the Group implements its plan to achieve £500m revenue per annum by the end of 2023. Revenue in the last quarter of 2021 is at a record high, the Group continues to trade in line with expectations for the full year ending 31 December 2021. Consensus FY21 expectations are for revenues of £340m, net profit £6.5m and EPS 15.5p. Valuation is very attractive, forward PE ratio is around 7.7, ranked 3rd out of 18 in the Construction & Engineering Market. Balance sheet is healthy, plenty of cash, negative net debt. Share price even has some medium term momentum, trending generally upwards for the past 12 months. A solid, growing, quality, engineering name. BUY....from WealthOracleAM

[igoe104] 25/11/2021 09:50

Summary from cenkos.

[janeann] 25/11/2021 09:21

- although labour will be tight and getting more expensive. and at risk of staff being poached

[edmundshaw] 25/11/2021 09:19

Short term energy crunch over Winter may affect some manufacturing industries as energy would be prioritised for homes and hospitals. But that should not affect CTO, we are in a bit of a sweet spot at the moment...

[spooky] 25/11/2021 08:40

No idea how they structure their contracts but they have to be experiencing margin pressures. Surprised that there isn't any mention of this but fairly typical of the sector they operate in. The market and investors will be the last to know. Happy to be proven wrong.