pearlsasinger
03 Oct 2017
Re: New contract win GretelThank you for the information.I agree fully with your assessment.(Either we are both wrong-- or there are good times ahead for shareholders here !)Holder (and at an increased level)
gretel
03 Oct 2017
New contract win Good to see buying at the full 85p offer price today.Here's news of a prestigious new contract win re London One Nine Elms, which must secure a further chunk of earnings for next year:[link] will get a very nice re-rating at some point:"T Clarke bags London twin tower M&E jobAaron MorbyBuilding services specialist T Clarke has secured the electrical shell and core package for London’s One Nine Elms twin tower residential and hotel complex.Multiplex is main contractor on the £700m One Nine Elms project, which consists of the 200m tall City Tower, 165m tall River Tower and the luxury 5-star Wanda Vista hotel.The deal is a major coup for T Clarke helping to boost the firm London order book. It will be on site in 2018.One Nine Elms is being built for Chinese developer Dalian Wanda and ranks as the largest single property investment in Europe by a Chinese property developer."
gretel
12 Sep 2017
Tipped on Citywire Good to see someone spotting what's happening here:[link] have added to my T Clarke (CTO) shares, encouraged by its acquisition of building management services provider Eton Associates last month.T Clarke is much more than a boring old electrical contractor; apart from a record order book, up 23% at nearly £400 million, electrical demand is growing strongly.We need it for our banks of computers, mobile phones and soon robots, virtual reality and artificial intelligence – it is even involved in developing facial recognition building entry systems.On a projected year price-earnings ratio of 6.9, price to earnings growth ratio 0.8, dividend yield of 4.1%, cover of 3.5 times and cash of £9 million, the shares look too cheap and I’ve just bought some more."
jimboyuk
26 Aug 2017
Tipped in Mail ON Sunday Tipped as a buy on mail on sunday and requoted in this weeks edition of Money Week.
gretel
24 Aug 2017
Encouraging news today from CTO's web site - a new office in Portishead and a full article about encouraging progress and 80% secured revenues in the South West, which was the one black spot in the H1 results:[link] office builds on expanding client relationships in South WestPosted: 24th August 2017Rob Faro, MD of TClarke South West introduces some of the project wins and the strategy behind TClarke’s expansion in the South West with a new office in Portishead - one of four new TClarke operations around the UK.It really is a very simple story: we’ve been building steadily in the South West and our strategy has been highly effective. We have had a couple of project delays and cancellations, but we move on and the real picture is very straightforward. In the South West, we have already secured over 80% of our revenue target for the next two years, along with securing places on some longer-term frameworks and maintenance contracts - and it has all been based on the solid, long term TClarke principles of good people, good work and good relationships feeding more work.Main Contractor relationships are stronger than everRelationships with main contractors like Kier, Willmott Dixon, Sir Robert McAlpine and Midas Construction have grown stronger and stronger, based on proof of what we can deliver and our ability to be good partners. We set out to build those relationships and make TClarke a leading name in M&E in the South West a few years back - Portishead is opening because those relationships have delivered opportunities for us and we are taking them.Relationships have driven major project winsOpportunities have led to a series of substantial project wins going forward. The Aspire project involves the upgrading of three military bases at Bulford, Tidworth and Perham Down. We have won work on substantial, high-end retirement living developments in Falmouth and Portishead. These are with Midas and end user Pegasus Life. We have also won projects with Willmott Dixon at the Plymouth History Centre and The University of Gloucester Business School and Growth Hub, both significant developments in the region.And right now, as we are about to hand over the Derriford Research Facility, which has further established the TClarke name for delivering complex M&E solutions in the South West, the picture is clear. We know that there are no short cuts to delivering quality - you need good people and good relationships, we know that construction has its challenges too; but you can see here in Portishead, through quality relationships in the South West, we have been able to expand our presence effectively, economically and in the TClarke way."
faddy10
22 Aug 2017
Re: CTO looks very cheap imho Agreed Gretel, I added again last week, still a bit underwater here with my average cost being in the high 80's but the divi is decent and I'm not in any hurry, so can wait for the SP to catch up.The main thing for me is, the Company now appear to be moving in the right direction with the latest acquisition being a good example of that, they just need to keep delivering and make sure there are no more light-fingered staff incidents! 
F.
gretel
22 Aug 2017
New contract win CTO have won a place on four regional airport frameworks worth up to £450m.....[link] Division selected for Manchester Airport Group 3 year FrameworkPosted: 09th August 2017 Following the release of our Interim Results earlier this week, TClarke is pleased to announce the following additional new contract win.Supported by our Nationwide coverage our Transport Division has been awarded a place on the MAG (Manchester Airports Group) EMA Small & Medium Works Framework covering M&E projects up to £3 million at East Midlands, Manchester and Stansted Airports.The Framework will run for an initial three years commencing immediately.Read Construction Enquirer's coverage here."[link]
gretel
22 Aug 2017
CTO looks very cheap imho Latest forecasts from N+1 Singer FYI:this year : 12.14p EPS, 3.46p divinext year : 13.16p EPS, 3.66p diviBuying still coming in this morning, offset by a 25k sell presumably from our seller.This summary of CTO's new manufacturing operation hasn't been posted here before - well worth a read, particularly the concluding para re Big Data:[link] 07th August 2017 As TClarke announced the acquisition of ETON Associates, it was also announced that ETON’s precision controls manufacturing operation would be relocating to our newly opened Stansted Manufacturing operation. Group CEO Mark Lawrence highlights the power and potential of the whole operation.A series of high quality manufacturing operations under one roofAt Stansted we have a 26,000 Sq ft purpose built manufacturing operation, where we will be manufacturing and prefabricating a range of mechanical modules and pipework, manufacturing a range of precision controls and associated equipment for our Healthcare Division and also manufacturing complex control panels for our newly acquired Buildings Management Systems operation.Put that together and you have a sizeable and very powerful manufacturing operation that can develop into a true centre of manufacturing excellence and practical innovation that’s dedicated to supporting our clients’ projects.Meeting the challenge of increasing building services complexityAs the complexity of building services increases, so the challenges of maximising value, speed and efficiency - both in the construction process and in the end result you deliver for the building owner or user - also increases. What you can see with TClarke is that we are amassing the full range of skills and expertise that clients and principal contractors will need in order to meet those challenges fully.The market has an appetite for TClarke quality services and approachTechnology and the arrival of Big Data is now sweeping through the property industry, transforming the needs that end users have for their buildings. It is this market-driven demand that we have identified and are meeting with TClarke services. People know that our brand stands for directly employed, highly skilled and highly motivated teams. What you see in Stansted is one aspect of the changing face of Building Services and we’re glad to be driving things forward for our clients."
charlie51
21 Aug 2017
O/T - FAO Gretel GretelYou may wish to look at CAML. It has the characteristics of the stuff you like (I think!). Low PE, great dividend, strong management and great prospects - assuming copper holds up or advances (it could even do OK with a smallish decline). I have posted a note from Gary Newman on the CAML BB earlier today - John Rosier has also recently taken a stake.C51
gretel
21 Aug 2017
Tipped in Mail on Sunday Great to see CTO getting some press attention. The shares are much too cheap and are due a re-rating imho - hopefully this will kickstart that process:[link] I particularly liked the emphasis on the growing need for ever more complicated electronic systems and technology: "Electrical work plays an increasing role in almost every commercial building and retail outlet. There are more computers, mobile phones and other electronic devices than ever before and electronic systems are used for everything from security to temperature control. T Clarke is also involved in cutting-edge technology, such as systems that use facial recognition to let employees enter a building and move around it and can even predict where staff are likely to go once they arrive at work. Midas verdict: T Clarke has been in business since Queen Victoria was on the throne. The group was innovative back then and it remains so to this day. At 76½p, the shares seem too cheap and the dividend is a further attraction. Buy."
freedom-thirty5
09 Aug 2017
Re: Good interim results today yeah.... I just had a look at your posting history.... You're clearly a trøll.
schwee
08 Aug 2017
Re: Good interim results today The issue is that there is a serious loss in one of the regions which needs management's full attention, whilst being fully distracted by integrating an acquisition. It is very feasible to do one, but both will need heroics.Clearly the market isn't gambling on heroics.
pearlsasinger
08 Aug 2017
Re: Good interim results today each time the sp appears to be aboutto move forward -- parcels of 10000 aresold .Either a large holder is off - loadingor someone is playing games.I added today.Very strange share price movements.But....Restez optimistique!!
freedom-thirty5
08 Aug 2017
Re: Good interim results today CTO is on special offer today: 15% OFF!Half Year Report Highlights: · £392 million forward order book (30th June 2016: £320m).· 17% increase in revenues to £142.8 million· Year on year net cash improved from £1.3 million to £2.4 million.· 20% increase in interim dividend to 0.6p per share (30th June 2016: 0.5p per share)· New 26,000 Sq Ft prefabrication facility at Stansted, Essex now operational· Acquisition of control systems specialist Eton Associates Limited· Investing in our future workforce, 70 new apprentices begin training across the UK from September.
freedom-thirty5
08 Aug 2017
Re: Good interim results today A 15% drop seems pretty ridiculous to me. The results are good, as you say, and describe a company which is growing and making more money than ever.The pension stuff isn't even news, and the underperformance of one geographical area appears to be a blip, which will be remedied. If they were desperate, they would not have been turning down low-profit commissions.
