Tclarke Share Discussion Threads

[igoe104] 24/11/2022 09:54

Where the link for 18% reduction for next year ?

[edmundshaw] 24/11/2022 09:27

Agree Dr B..

toswas I hadn't seen that they were reducing 2023 numbers.

[dr biotech] 24/11/2022 08:59

I get a bit fed up with companies saying orders retimed/reprogrammed into next year. It’s a miss. Otherwise the target should be 540m for next year.

Having said that, if they can deliver £14m next year(2.8*500m) then the shares are cheap with a 50m mkt cap

[tiswas] 24/11/2022 08:41

Agree with most of that edmund but not just a timing issue when the house broker is reducing numbers by 11% this year and 18.5% next!

[spooky] 24/11/2022 08:18

In reality its a big profit warning IMO. Its all down to personal opinion whether its in the price or not.

[aishah] 24/11/2022 08:17

Took my numbers from Stockopedia. Will revert to Cenkos numbers. However business is in good shape with a decent yield imo

[phar lap] 24/11/2022 08:13

FY 23 eps forecast down 18.5% from 24.2p to 19.7p

[tiswas] 24/11/2022 08:13

No idea where you get your numbers from Aishah. Cenkos forecasting adjusted eps of 19p for '22, down 11%.

[cwa1] 24/11/2022 08:07

The ONLY thing the market seems to be seeing is the:- with some £40m of revenue previously expected to be delivered in 2022 now being reprogrammed into 2023... comment.

Ho hum...

[cwa1] 24/11/2022 07:57

Snippet from Cenkos research this morning:-

◼ View: The group remains in a very strong position, targeting a balanced and protected order and a balance sheet supportive of its growth ambitions. On revised forecasts, the shares remain inexpensive on a FY23E PE of c.6x and EV/EBITDA of c.3x. With a 4.5% dividend yield and an improving balance sheet providing a further underpin to the equity story, we reiterate our BUY recommendation.

[aishah] 24/11/2022 07:54

EPS fcst of 25.65p though with the 27% uplift. Analyst consensus was 21.2p

[18bt] 24/11/2022 07:23

The trouble is that they were expecting £450m for 2022 and £500m for 2023, but £40m has moved into 2023, leaving 2022 at £410m and 2023 the same. Looks like EBIT will be £1m less than forecasts

[aishah] 24/11/2022 07:19

Confident trading update:
"2022 is expected to be the first time Group revenues have exceeded £400 million. Operating margins (EBIT) are anticipated to be circa 2.8%.

As a result of this strong performance, the Group's earnings per share are expected to rise by approximately 27% in 2022 when compared to the prior year.

The Group remains on track to deliver £500m revenues in 2023."

"We are currently tendering in excess of £1bn of opportunities and are expecting decisions on approximately £500m of tendered projects by early 2023."

[owenski] 02/11/2022 11:44

Not a fan of low margin contractor businesses, but this is a well run outfit with good discipline on contract negotiation/pricing risk.

52m M.cap, low PE and supporting positive outlook statements. Looking attractive IMO

[santangello] 23/9/2022 14:13

Interesting the 5k I added this morning showed as a sell, and the next 2.5k bought about half an hour ago not showing yet Looks like I am not the only 'Bargain Hunter' here :)

[santangello] 23/9/2022 14:10

Interesting .....the 5k I stole this morning showed as a sell, and the 2.5k bought not long ago, not showing at all.Looks like I am not the only 'Bargain Hunter' here :)

[santangello] 23/9/2022 13:29

Couldn't resist 10k at these levels......currently xd which doesn't help at the mo (but div paid next Friday), but looking way oversold/marked down i.m.h.o

[santangello] 01/9/2022 08:45

Crikey, someone doesn't want the dividend.......there are investors like that, so no drama.

I will watch trades and add accordingly today......at a September Sale price :)

[rabiddog] 12/8/2022 11:15

In here now. I think even in recession many of TCO’s projects will get the go ahead. So figures look great barring economic meltdown.

[hunsen] 12/8/2022 11:10

CTO featured on IC Alpha report 11th August, good writeup. I also saw them at Mello earlier this year. Seems like a steady business.

[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.