Tclarke Share Discussion Threads

[janeann] 09/8/2022 07:22

mrnumpty ----yes slow ... painful at times

[mrnumpty] 09/8/2022 05:34

Janeann . I agree with you about the information on Hargreaves Lansdown regarding shares . Whilst realising that they can’t provide sophisticated levels of information , I find that what they do supply is too often patchy and unreliable which , given that they are , I believe , is the U.K.’s largest client broker , isn’t very impressive . On the subject of Hargreaves Lansdown , does anyone else here find their site very slow ?

[standish11] 08/8/2022 10:50

Interactive Investor quote CTO 165p/169p a few mins ago.

[thorpematt] 06/8/2022 20:45

I think August is a poor month for liquidity. I suspect that spread will narrow as we come out of the holiday season. Not really a trading stock at the best of times CTO.

[janeann] 06/8/2022 07:55

mrnumpty - havent lookedspecifically but quite often HL data are competely wrong; even down to things like dividends etc. I always now check with another site if I want accuracy

eg look at the div yield for GSF and then the actually paid dividends; a huge mismatch!!

[mrnumpty] 06/8/2022 06:27

The prices quoted on Hargreaves Lansdown are £ 1.60 to sell and £ 1.70 to buy . Does anyone have an explanation for this huge spread ? There were far more purchases than sells on Friday ( yesterday ) .

[mrnumpty] 01/8/2022 09:54

Another positive point in the Telegraph article points out “ But a jump in remote working since the pandemic has helped push up demand for data processing and connectivity “ . So perhaps we , as shareholders of T Clarke , might indirectly and belatedly benefit from the pandemic !

[mrnumpty] 01/8/2022 09:40

Half-page article on page 21 of today’s Telegraph pointing out the massive amount of energy required for data centres . Some interesting points are : “ roughly half of Britain’s estimated 200 data centres are in the South East , with a large proportion concentrated in the area between Reading and Ealing [ they are concentrated along this west-east route as it is along the route of transatlantic sub-sea fibre optic cables linking up with London ] … a typical data centre campus need 50 Mégavolt Amperes , which is the electrical demand required by developments of 5000 to 10,000 homes . With around a dozen planning applications for data centres across the area .. In Ealing there are currently seven applications to build new data centres [ I believe that this is due to Ealing’s proximity to Heathrow ] ….Cooling fans need to be installed to take the heat away , and with such large numbers of servers [ a large data centre can have 500,000 to 1,000,000 servers ] in such a small space , data centres need large and powerful industrial air conditioning systems to prevent a literal meltdown from occurring . About 40% of a typical data centre’s power consumption is used on running the air conditioning “ . Obviously not all of this new work will go to T Clarke but this article illustrates the demand to build new data centres , provided that there is sufficient electricity to power them !

[igoe104] 18/7/2022 15:15

Just watched a excellent presentation by CTO.

450 million expected this year. 500 next year. They are the prefered bidders for all these new hospitals projects, they are just waiting for the government to sign them off. So lots of upside to be added....

[johnwise] 18/7/2022 07:26

TClarke PLC Investor Presentation CTO

[tole] 15/7/2022 18:32

https://masterinvestor.co.uk/equities/small-cap-round-up-pots-and-scans/TClarke (LON:CTO) – record first halfThis building services group has declared a great set of half-time figures to end June.Revenues in H1 were £206.2m (£138.2m) while pre-tax profits were £5.5m (£1.9m), jacking interim earnings up to 10.24p (3.58p), with a 1.25p interim dividend (0.75p).What looked very strong was the increase in its forward order book to a record £586m (£503m) as net cash increased to £7.2m (£2.0m).The group is getting ever closer to breaking the £500m sales barrier, with £450m (£327.1m) being the full-year guided estimate.Kevin Cammack, analyst at the group's broker Cenkos Securities, rates the shares as a 'Buy', with a 185p 'fair value'.He is looking for the company to make £11.5m (£7.8m) in adjusted pre-tax profits, taking earnings up to 21.4p (15.0p) and lifting the dividend to 5.3p (4.8p) per share.In my view, the shares at around the 157.5p level still offer significant upside.

[sailorsam1] 14/7/2022 16:50

Fantastic results and now down on the day

[saurish] 14/7/2022 08:41

Comparison with past figures might not be as relevant due to the fact that the market sectors have changed quite a bit. The 39% increase in the technology sector which is now the biggest revenue generator and holds excellent growth potential going forward is the main story here IMHO DYOR The return back to healthy profits, margins, dividends, net cash, secured credit facilities is a wonderful base from where this can fulfill its potential.

[simski99] 14/7/2022 08:26

Live online presentation with management at 2.30pm on Monday 18th July. You can register online.

[cwa1] 14/7/2022 08:20

Snippet(for copyright reasons) from Cenkos this morning:-

Still Sparking and Sparkling

Investors should not underestimate the transformation in this business over the past three years, not one driven by acquisition or new equity or even particularly favourable markets, but by dedication to a strategy that is now delivering benefits across the group. This is now a very investable proposition in the sub-sector; it is a better focussed and managed business, with an improved balance sheet and cash performance and a very sustainable model for continued growth. The stock has outperformed its peers’ growth over the past 12-18 months but the rating remains very undemanding indeed; on our conservatively estimated FY23E an EV/EBITDA of 3.5x, a PE of 6.5x, yield 3.5% (over 4x covered), FCF yield over 10% and a net ROIC of 16.5% with zero debt/gearing. We have modestly increased our model ‘Fair Value’ to 185p off the back of higher DPS forecasts and allowing for the sector’s de-rating. This leaves TClarke on a similar rating to peers’ overall but at a phase where we would be arguing for a justifiable premium. Buy

[edmundshaw] 14/7/2022 08:17

So we are expecting a 10.3% dividend increase for the year. Pretty much what we have been getting for the last 4 years, and in line with Operating profit growth, except for a flat period (and flat dividend) over the COVID period (which is much better than most companies achieved).

Operating profit is up to £6m, and the margin back up from 1.7% to 2.9% which is very good to see.

For comparison, Op profit for H1 in 2018 and 2019 was £4.4m and £4.9m respectively (op margins 2.6% and 2.9%), so progress is steady and very good, but not as spectacular as the recovery from the COVID dip might suggest.

[johnwise] 14/7/2022 07:40

14 July 2022

TClarke PLC Half-year Report

[cwa1] 14/7/2022 07:33

Just for balance's sake however:-

The Board proposes an interim dividend of 1.25p per share (2021: 0.75p per share) to be paid on 30 September 2022 to shareholders on the register at 2 September 2022. TClarke has a progressive dividend policy and is also rebalancing the split between the interim and final dividend. As a result the interim dividend now proposed has been increased by the full amount of the expected increase in total dividend for 2022.

[igoe104] 14/7/2022 07:26

Excellent numbers, big increase in dividend.

[18bt] 14/7/2022 07:12

Cracking half year - looking strong for the full year and 2023, despite recession fears.

[cwa1] 14/7/2022 07:12

Business Highlights:

-- First half year revenues exceed GBP200m for the first time
-- 2.9% operating margin achieved
-- Interim dividend increased by 67%
-- Full year 2022 revenues now expected to be circa GBP450m, ahead of market expectations
-- Record forward order book of GBP586m as at 30 June 2022
-- Bonding capacity increased to support GBP500m per annum revenues
-- Bank facilities extended to August 2026

[santangello] 13/7/2022 10:26

Shrewdies getting in ahead of tomorrows interims....

[niklol] 12/6/2022 12:39

Me too.
1st heard of this company from the Daily Mail Midas tip May 24th.
Surprised it didn't move up after that write up.
I wonder why not?

[niklol] 12/6/2022 12:38

Me too.
1st heard of this company from the Daily Mail Midas tip May 24th.
Surprised it didn't move up after that write up.
I wonder why not?