Tclarke Share Discussion Threads

[brando69] 11/1/2013 11:34

circa 5% of company

so we'll expect to see an RNS shortly

[sportbilly1976] 11/1/2013 11:32

brando,

with just over 41mln shares in issue whoever it is has done well to get hold of that quantity

[brando69] 11/1/2013 11:28

in fact two buys of over 1m shares have gone through in last 10 minutes

[brando69] 11/1/2013 11:20

buy of 1.1 million shares at 61.75 just went through. that'll be an institution buying in off back of the statement today, i guess

[mr_bluesky] 11/1/2013 10:35

"A VERY UPBEAT STATEMENT" and looks all good going forward!....

TClarke plc ("TClarke" or the "Group") the Building Services Group announces a trading update ahead of the announcement of its preliminary results for the year ended 31 December 2012.



Since the Interim Management Statement made on 16 November 2012, trading has continued in line with the Board's expectations for the year.



We are pleased to report that despite pressures from clients, contractors and suppliers the Group remains debt free. The consistent focus on cash management across the Group has seen net cash improve to £5.4 million as at 31 December 2012 (31 December 2011: £0.6 million). Whilst some cash will be used to fund the working capital requirements associated with new projects, we expect the Group's net cash position to remain positive throughout the course of the normal business cycle.



The forward order book as at 31 December 2012 was £230m (£190m 31 December 2011), with over 55% of the requirement for 2013 secured.



New contract wins include:



· 1,500 Residential units across Scotland.

· 240 Blackfriars, Residential Block, London. (The commercial office development for Great Portland Estates having been previously secured).

· Ashcombe Primary School, Weston-super-Mare.

· Brindley Place, Commercial Offices, Birmingham.

· Hermitage Court, Commercial Offices, Maidstone.

· Premier Inn, Falmouth.

· The Shard Fit Out Works, London.

· University of East Anglia, Building 57, Norwich.

· Waitrose Stores at Buckhurst Hill, Cirencester, Clapham and Stirling.

· Woodlands School, Basildon.

· York Hospital Maternity Unit, York.

In addition as a partner in Balfour Beatty's successful bid on the Welsh Government's 'Designed for Life: Building for Wales 3′ National Framework we have secured the first project to be released; Cardigan Health and Social Care Centre, Cardigan Bay, to commence later this year.

We expect market conditions to remain tough during 2013, but we maintain strict criteria when assessing which projects to bid for and ensure that our tender prices reflect the true cost of completion.

[brando69] 11/1/2013 09:29

excellent update

[kneecaps2] 11/1/2013 08:03

yes so am i a good recovery story !

[gargoyle2] 11/1/2013 07:30

Excellent statement today. Net cash of GBP 5.4 million, debt free, order book now a whopping GBP 230m (way up from this time last year). I'm glad to be holding these.

[drewz] 07/1/2013 12:02

After the generally dreadful stock market experience of the last 12 years, from approx 2015 onwards I am expecting (along with other Kondratiev theorists) a 10+ year bull market to take stock markets to new all time highs.

If so 200p may be a modest aspiration for a niche specialist like CTO.

[brando69] 07/1/2013 11:55

200?

i'll settle for 100

[hvs] 06/1/2013 14:24

It will be very good.

[mr_bluesky] 06/1/2013 13:57

I have created this thread as I believe that CTO is a good investment for the long term recovery.

CTO:(60.5p)

CTO rallied in 2009 to early 2010,but has been hit hard since falling from 170p+ in 2010 to -40p at the end of 2011.It looks to have bottomed now and has rallied along with the markets from c40p to c 62p where it is now.

chart indicators are showing over bought now so i would expect a period of consolidation/retrace before a renewal of the move up.There is a big gap down to fill so I would not be comfortable taking a position until c80p has been broken through.

Short term and long term CTO does seem to show all the signs of a good investment and its just the kind of share I like to get in on for the recovery play.

CTO have a trading announcement on Friday so it will be very interesting to see what they have to report.

Mr Bluesky

[drewz] 04/1/2013 19:05

You must be mad as a box of frogs!

But I wish you all the best; all the way to 200p.

[kneecaps2] 04/1/2013 17:53

yes i own over 200000 of these beauties

[kneecaps2] 04/1/2013 17:51

yes i told u all to cover your bears on 16th november @45p

[hvs] 04/1/2013 17:40

A lot more to come.

[brando69] 04/1/2013 16:33

62/60.5 close

[brando69] 04/1/2013 15:19

pleased to have nicked in at 58.75

[hvs] 04/1/2013 15:19

And it is surging.

Hold on tight

[brando69] 04/1/2013 14:43

golden cross just formed which is often a good sign of a forthcoming surge

[brando69] 04/1/2013 14:42

had a nibble, just a few for the ISA

[hvs] 04/1/2013 14:36

And the very nice divi

[brando69] 04/1/2013 14:33

seems too cheap given the eps

[hvs] 04/1/2013 12:08

Its on FIRE