Lupo di mare
16 Jan 2018
Re: RNS: Aberforth buying, now over 10% Let's hope that for investors' sake they're more switched on than Schroders who bought last Friday at some 120p'ish.
gretel
16 Jan 2018
RNS: Aberforth buying, now over 10% Aberforth Partners have been buying post-update - they've now increased to 10.74%:[link]
Lupo di mare
16 Jan 2018
Re: Peel Hunt: 9p EPS rising to 10.9p EPS Great news, the house broker's having another guess. Two years ago they were targeting 165p; then a year ago it was 170p, then 200p, now....Fill your boots, gretel. Mortgage your house.
gretel
15 Jan 2018
Peel Hunt: 9p EPS rising to 10.9p EPS Peel Hunt now go for 9p EPS to this March, with 10.9p EPS to March'19.Good to see all the analysts coming in around the same estimates:[link] "The anticipated stronger H2 performance has not materialised so the FY result is now expected to be significantly lower than previously planned. As a consequence of delayed projects and lower customer orders, the Board has also reduced its profit expectations for FY2019. However, the Group’s financing remains healthy and it continues to operate well within its banking covenants. We have cut our FY18 and FY19 PBT forecasts by 30%. The shares have been hit hard on this morning’s news, despite the significant underperformance over the last six months. At this level, we see recovery value if Management can deliver on the revised forecasts. We have cut our Mar’18 PBT by 30% to £9.0m (9.0p). Most of the damage is at Technical Plastics, which accounts for £2.8m of the £4.0m EBITA miss this year, but the Wipac & Aerospace EBITA forecasts have also been cut. The size of the downgrade reflects the large contribution from tooling profits and the degree of fixed costs, so the delayed contract awarding has a disproportionate impact on profits. We have also cut our Mar’19 PBT by 30% from £15.4m to £11.0m (10.9p). In theory, the contract slippage from H2 this year, into next and the ramp up in medium-volume Wipac programmes towards the end of next year should underpin the FY2019 profit forecast. However, we are choosing to adopt a far more conservative approach."
true shares
15 Jan 2018
Re: N+1 Singer: 9.1p EPS then 11p EPS Ive just increased my stake 
Lupo di mare
15 Jan 2018
Re: Equity Dev: 9.3p EPS rising to 11.4p EPS Gretel, you are as believable as Carclo management - including ex.This share is a gamble - a gamble that management are telling the truth this time about LED and TP "growth prospects"; a gamble that management are not hiding an increase in debt; a gamble that contracts come to fruition as stated, and a gamble that when they say, "albeit these revised expectations will still represent healthy year on year growth" they are referring to constant currency figures.The past few years have shown that management have regularly misled investors. Now they need to show that they are capable of being honest with investors.Do I need to take that gamble? No I don't, but if I did it would be with a very small % of my dosh.
gretel
15 Jan 2018
Equity Dev: 9.3p EPS rising to 11.4p EPS Equity Development have also issued a new note today. They have a 145p target and have the following forecasts: this year to 31/3/18: 9.3p EPS next year to 31/3/19: 11.4p EPS[link] conclude that the stock looked "cheap" even at 125p.
commercia
15 Jan 2018
Re: N+1 Singer: 9.1p EPS then 11p EPS strong buy gretel? yep you are being paid to ramp this dog. . you have to go on ignore. and I will sell this dog of dogs by the end of the week hopefully for a few pennies more. Goodbye carclo and other unfortunate that held anything here
r21442
15 Jan 2018
Re: N+1 Singer: 9.1p EPS then 11p EPS Hardly a clear out!
gretel
15 Jan 2018
N+1 Singer: 9.1p EPS then 11p EPS N+1 Singer's new forecasts this morning are: this year (to 31/3/18): 9.1p EPS, £9m adjusted PBT next year (to 31/3/19): 11p EPS, £11m adjusted PBTThey have a new 91p target price.The initial markdown this morning was much overdone as usual imo and there's been a decent bounce, which will hopefully continue.One would hope these new forecasts have been reviewed by CAR's management. They should certainly be the minimum achievable given that CAR by now must have learnt for the final time that they must deliver on their promises.Today's update was disappointing to say the least.The small consolation is that these are delays, so the contracts will come back into play at some point. N+1 Singer have rightly been conservative in cutting next year's as well as this year's forecasts, which may leave room for upgrades as the year progresses if the delayed contracts come through.Good to see a Board clear-out with the FD and a non-exec going, and new blood coming in to shake things up somewhat.
Frankseluk6
15 Jan 2018
Buzz, NOT THEIR FAULT. ...HAVE A LAUGH The management are inept. ..the company has too much debt, a large (no massive for the size of the company) pensions deficit. If it sounds like Carillon that's because it is.NOT THEIR FAULT let's see who can we blame....
commercia
15 Jan 2018
Re: Bizarre that it is FD that takes the fal... omg.. this is my worst performer ever.. shocking that I held on to this dog for so long. There were tentative signs of recovery/opportunity through the plastics, LED and medical biz but NOOO the management have screwed up and then misled us all again. what a fool i am. Lupo is on the money here I never took on board Gretals rubbish. they must be on Carclos books or they are a twit. lets see what carp they post on this newshopefully this bounces a bit and then I will book my loss and move on in disgust at myself.what a disappointing start tot he week
r21442
15 Jan 2018
Bizarre that it is FD that takes the fall Unless, of course, he was the one resisting the recklessness and the rest didn't like him saying 'told you so'? Or maybe he planned to go anyway and they've thrown him under the bus to save their own necks?Think the sells overdone so might cling on in the hope of a bounce.
Lupo di mare
15 Jan 2018
Re: It's Not Their Fault - It's Delayed Orde... Buzz, and others, I don't know for how long I've been saying that you absolutely cannot trust this management. This against constant Buy recommendations from 'gretel'.I got out at 140p because of my lack of faith in their announcements and management; although I did not anticipate this latest fiasco.Yes, buzz, there's a chance that sales do come in; perhaps a greater chance that they're relieved of their woes by some financial wizz kids who'll do what should have been done a year or so ago - split the company, or, now, sell off bits.Whatever management might say, always read between the lines. Someone in Schroders must be feeling a bit concerned this morning.
The buzz
15 Jan 2018
It's Not Their Fault - It's Delayed Orders! Sounds like they have not got a proper handle on the sales expectations:-Plastics:-"...there has been an unexpected delay in the awarding of two large tooling and automation contracts. In addition, a large and long standing non-medical customer ... has not yet increased its orders."Wipac:-"....delays in the award of three new contracts are expected..."Of course it's not the sales team's fault - it must be the finance director's"...Group Finance Director, Robert Brooksbank is leaving the Group on 31 March 2018 to pursue other career and business opportunities."Plus the chairman who probably felt obliged to go.If one really believes in CAR then today's share price is a bargain (currently 69 to buy). For me, however, I would like to see some evidence that the sales actually come in, and will continue to hold on the premise that some sales should come in and there is an outside chance that a bid might come in.The BuzzThe B
