Tclarke Share Discussion Threads

[tjbird] 16/2/2017 12:15

Breakout

used to be 300p

[essential] 16/2/2017 12:09

Technically looks very strong

[nw99] 16/2/2017 10:49

Seller cleared

[tjbird] 16/2/2017 10:06

fine and dandy roll on a quid


Slater took em?

[ivancampo] 16/2/2017 09:46

That's the JP Morgan sells being placed

[flagon] 16/2/2017 09:44

Lots of buying recently ... today 1.291M & 600k buys.

[ggbarabajagal] 14/2/2017 12:27

25k buy printed

[scotchbroth] 14/2/2017 11:36

From the RNS, the position after the triggering transaction is that they now have "below the minimum threshold" number of shares, which I believe is 3%. ie less than approx 1.25mln shares.

[ivancampo] 14/2/2017 11:03

Surely they are now below 5% - nothing else can be inferred ?

[ggbarabajagal] 14/2/2017 11:01

cool looking 10k buy just printed

[tw44] 14/2/2017 10:53

The RNS says they have none left and so there should now be pressure on the up side.

[cc2014] 14/2/2017 10:34

Thanks to JPM for the RNS at last. They've been dumping these shares for at least the last 6 months and it's been very frustrating. Who knows how many they have left. I expect they have no reason to continue not selling but nearly every single trade is flowing on the buy side against their selling

[ggbarabajagal] 14/2/2017 10:27

We look forward to updating shareholders further on 28(th) March 2017 with the announcement of our full year results.


They are looking forward to updating
Results are on 28th March in 42 days

In 25 days the T+ boys can get them

[ggbarabajagal] 14/2/2017 10:23

Thats not much of an overhang in cash term 100k, some private punters have that size position

[flagon] 14/2/2017 10:21

Shares outstanding - 41.764M

With a 3% minimum threshold JPM have at most 1.252M shares left after having sold a minimum of 2.866M.

Perhaps the share price can now make progress.

[ivancampo] 14/2/2017 10:01

That's the reason for the overhang.

[cc2014] 13/2/2017 19:50

All the trade flow is one way apart from the seller at 71.0

[aishah] 13/2/2017 10:41

Project looking good at Bloomberg Place

Danny Nightingale updates us on progress at the City of London’s iconic new building

“TClarke has worked on many iconic projects in the City of London, but this really is an outstanding building. The design is by Foster and partners and achieves a BREEAM Outstanding rating. What you notice right across the project is the sheer quality of the materials and the attention to detail within the design. From a practical point of view for us working onsite, this means having a team of people whose motivation and approach is of the highest order - because the working environment is crammed full of extremely valuable materials and finishes - so you need to work with great care. Indeed, the unique location of the site means that we’ve been working on top of some of the UK’s most exciting archaeological excavations - and that an archaeological museum - the London Mithreaum - will be incorporated within the finished development.

“For me, it’s a classic TClarke project, working with Stanhope and the Principal Contractor for Sir Robert McAlpine in a collaborative way to deliver a top, top project. There are so many details here in the design that contribute to the energy efficiency, the quality of the working environment and the sheer beauty of the place - these light fittings behind me (pictured) are just one of many examples I could give you.”

“We are now in the stages of completing the installation on the Shell & Core and fit out within the North building and well in to the commissioning phase, the South building still in the installation phase. As with any major TClarke project, the scope of works gives you an idea of the range and complexity of works we’re delivering.”

[nw99] 13/2/2017 08:43

Almost as people are waiting for results to confirm it then they will buy the stock .

[nw99] 13/2/2017 08:33

Agreed Cash adjusted PE?of 4.7 is so cheap

[onjohn] 13/2/2017 08:12

Can see these way higher by results on 28 March

[aishah] 08/2/2017 09:34

I added at the open on Monday. Here's the SCSW BUY rec:

T Clarke - Cash adjusted PE of 4.7

74.75p Epic code: CTO
(Sharewatch) T Clarke (CTO; 74.75p), a UK provider of mechanical, electrical and ICT engineering services, was once a stockmarket darling and could do no wrong. It operated nationally for many years and successfully across the lifecycle of an asset from design, installation and commissioning to FM. But then it got hit by several busses at once: the recession led to margin pressure; there were two lossmaking offices (now closed); two contract disputes (resolved); and an employee was found with his fingers in the cookie jar to the tune of £2.8m (recovery of this swindled cash underway). But things seem to have cheered up and CTO has issued an exceptionally strong update with full year profits for 2016 expected to be £6m, materially ahead of N+1 Singer’s £4.2m forecast. Based on eps of 11p, net cash of £9.2m (22p a share) and a record £330m order book, the shares are a buy on a cash adjusted PE of 4.7. 2016 results are due on 28 March.

* The writer has a holding