Tclarke Share Discussion Threads

[igoe104] 06/7/2023 07:33

Sometimes in business you need to take one step backwards, so you can take two steps forward. You need to look at the bigger picture..

[18bt] 06/7/2023 07:33

Not surprised it was oversubscribed at that price.

[tiswas] 06/7/2023 07:26

Ig. Oh well 20% dilution and a 14% discount is fine then!

[janeann] 06/7/2023 07:21

Disgusted by this offer........no need for such a discount. always thought CTO was a decent and fair company. Clearly got that wrong. Stitched up and as its subject to shareholder approval no chance of PIs winning that vote.

[igoe104] 06/7/2023 07:19

Retail offer would only attract traders cashing in for a quick buck.. and retail shareholders would only sell their shares, so they could subscribe to the cheaper shares.

[tiswas] 06/7/2023 07:10

WTF? 14% discount and no retail offer!

Shocking.

[rivaldo] 21/6/2023 11:45

Agreed, a very impressive article. The amounts to be spent on data centres are incredible, and in addition there's vast amounts to be spent on health care plus the legislation to upgrade the energy saving credentials of commercial buildings to band E or better from April'23 and band B by 2030.

The CEO says the "bidding pipeline is now over £1 billion" and CTO can handle turnover above £700m without any further spend on investment.

[simski99] 20/6/2023 10:37

Very bullish, front page article on TClarke in the Momentum Investor Stockmarket Newsletter, which has just been published. It highlights the massive boom in data centre construction and how CTO is benefitting. It reckons "the shares have looked more enticing". A really positive interview with management!

[igoe104] 20/6/2023 08:14

Two more contract wins.

[scottishfield] 17/6/2023 17:50

Agreed. I added a few on Friday.

[igoe104] 17/6/2023 09:52

You just have to look at CTO contract awards over the last couple of months to see they are doing extremely well..

[igoe104] 16/6/2023 11:52

Hospital Project win.



Also this.

[igoe104] 05/6/2023 20:41

This company is well under the radar, not many have cottoned onto the link yet. News next month, which is bound to be positive.

VLX is another with the link, to AI (cables etc) Some of these picks and shovels under the Radar will do extremely well...

[thorpematt] 05/6/2023 19:59

igoe104
With respect to your comments on AI, I concur.


Recently the whole AI thing has become rather a bandwagon to jump on. But CTO has long since been identifying this (data centres that is) as a driver as per this on their website (posted 3 years ago).



TBH I haven't been shouting about the AI link to CTO because I was hoping to buy more stock before people twigged and started loading up themselves.

I guess the cat is no longer in the bag now!

[igoe104] 05/6/2023 14:26

Nice contract announcement with inchcape.



Inchcape plc is a British multinational automotive distribution, retail and services business and the schemes range from Gas free facilities to the full integration of 80 showroom BMS systems nationwide to ensure Inchcape can monitor all energy consumption from one central head end.

TClarke UK South

[igoe104] 05/6/2023 14:14

With the explosion of AI, any companies that are in the Data centre business should do very nicely..

[owenski] 21/5/2023 08:55

To me, this is just a lowly rated solid well run business with no shocks to date. Fairly safe to park some money in and earn a reasonable divi with a bit of capital growth longer term.

[clive7878] 20/5/2023 22:00

Written up in the IC yesterday, seems lowly rated with some prospects.

[thorpematt] 12/5/2023 09:06

The margins are low but that is the nature of the sector. Additionally there is inflation protection built into many of the contract tenders.

Those 2024 forecasts are very handy and Cenkos are also saying that there will be a £9.5m cash pile to add back in by y/e.

CTO has shown really consistent ROE and ROCE figures for the last few years. Despite the generous and growing yield it continues to build book value per share at a high rate. In essence it has many of the hallmarks of a quality business with a tangible moat.

I have held it for a while. Alongside one or two other of my holidings it is in part a play on the growth in its market place for the change to our modern world from an infastructure perspective. But it is also very much about the quality of what the business is able to deliver and the difficulty of reaching the position it has to enable it so do so. Thus far it has taken 134 years to be where it is...I have held the stock for a bit less than that I must add.

[edmundshaw] 12/5/2023 09:01

It's been a well-run business, so I have held these at varying quantities since 2017. Sell a few when the price gets hotter, buy a few when it dips, and take the dividend.

Long term growth OUGHT to exceed inflation, and we have had over 10% of that for 9 months (so getting on for 21% over two years): that SHOULD lift all stocks up at some point (all else being equal)... theoretically...

[dr biotech] 11/5/2023 20:05

That would explain the 3pm tick up. Last line states

My 185p fair valuation is based on a targeted PE ratio of 7.7 for 2024 and suggests 28 per cent further share price upside. Buy.

[igoe104] 11/5/2023 19:53

Investment chronicle Simon Thompson tipping CTO...

[kalai1] 10/5/2023 11:57

T Clarke plc issued a positive AGM statement this morning. Trading in the early months of 2023 has continued to be strong, the Board remains highly confident that the Group will successfully deliver its growth strategy with revenues set to exceed £500m for the first time in the current year, i.e. FY revenue growth of at least 18%+. The Group's forward order book has strengthened significantly and now stands at £720m (FY22 £585m). Valuation is attractive with forward PE ratio at 6.7x in the top quartile for the Construction & Engineering sector. The balance sheet is solid, profitabillity ratios are decent. The share price has been drifting sideways for 2 years and lacks positive momentum, other than that there is a lot about the investment case to like. BUY...

...from WealthOracle