Tclarke Share Discussion Threads

[masurenguy] 16/12/2011 09:42

Small initial punt here at 40.5p this morning - may add if an upward trend develops further !

[applesanpears] 16/12/2011 09:40

Just well undervalued,imho.

[hvs] 16/12/2011 09:24

Something stirring here.

[hvs] 06/12/2011 20:38

I is still BUYING.

[urmstonpusheads] 06/12/2011 13:54

..............knackers yard for this sick pony.

[goliard] 13/11/2011 20:30

They have to provide this info twice a year pifedayo, so they cant hide from it for long no matter what.

[hvs] 12/11/2011 12:46

Think its time to BUy more.

[pifedayo] 12/11/2011 10:37

In such a competitive environment they are not going to give details as to their expected margins and other sensitive information.

[goliard] 11/11/2011 15:44

Sadly not. I want more info on improvement overall, but the negative tone persists. Not their fault, but nothing here to inspire confidence of a turnaround in the wider market. I expect them to win good quality contracts as that's the market they are in. What I want is a view re year on year changes and margins.

[jrr774] 11/11/2011 15:01

Does anyone feel brave enough to top up at these levels?

[pifedayo] 11/11/2011 10:32

The significance is in the quality of the contracts, particularly in the City when Westfield are contemplating another two major shopping malls.

[goliard] 11/11/2011 10:11

Not sure today's RNS really qualifies as an 'interim management statement'. Doesn't really help at all IMO. Basically says they have won some contracts, but times are tough. We already knew that. Nothing on margins or profitability, or costs.

[masurenguy] 11/11/2011 08:49

They announced that the projected dividend would be cut by 50% to 4.25p for the current year in the January trading update so it's still circa 10% at 43p. However, the question is whether it might be cut even further since the interim at the end of H1 was cut by 76% compared to last year. If the final dividend was also the same as the interim then the full dividend would by only 2p, or 4.7%, at the current share price.

[mrphil] 11/11/2011 08:28

Great to see a more upbeat statement.

[justthemoney] 26/10/2011 10:35

Still around 10%. Div cut, so did the share price

[yangou] 26/10/2011 10:15

What divi are these paying now? Before the fall they were around 10%

[mrphil] 11/10/2011 10:34

At least we have the divi to look forward to on Friday I suppose.

[justthemoney] 03/10/2011 09:52

My average is 96p. For as long as they yield more than saving accounts I'll keep the shares. It may take a couple of years for them to recover, but I simply cannot afford to take any losses. Consequently all my shares are good businesses that are very unlikely to go under.

[lord gnome] 30/9/2011 14:25

I'm out at 40p. The bottom of the market is now in! I've had enough and can't see much chance of a recovery in the share price for a long time, so I'll look elsewhere. I should have sold out on the day that the figures were announced. I had a chance to get out at 60p but dithered as usual. Good luck to all who remain.

[mrphil] 30/9/2011 12:23

A certain amount of consistency to the chart since the last high back in April last year when the share price was four times current level!

[mrphil] 27/9/2011 17:34

goliard - agree, it is pretty poor show if they are only prepared to buy such a pitiful amount of shares in their own business, especially when they look to be so undervalued on the face of it.

[goliard] 27/9/2011 16:44

It feels to me as if they are out of touch with what shareholders expect / want. If that isn't the case, then the only other sensible conclusion to these small buys is that they don't believe this is the bottom and are buying small amounts for that reason. Either way, this is a poor show from management. The board should have a minimum amount that they expect executive and non-executive directors to hold. I think execs should hold at least 1 year's salary in shares, although I accept that they should have time to build to that position. NED's should hold at least 1 year of fees.

[mrphil] 27/9/2011 15:43

Come on directors, at least buy enough that it looks like you believe in what you're doing!

[masurenguy] 27/9/2011 11:37

Still in free fall - first trades below 40p this morning !

[goliard] 15/9/2011 16:15

Probably, but would have expected that first thing. Anyway, down again today, maybe we will see the 30's yet.