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At the moment, I think they could get the monopoly on UK logistics and still see no improvement in the SP. Rarely have I seen a SP doing so badly on such decent results.
Does anyone recon that clipper are after a chunk of DX? Why else would Ron Sieres resign from the board.
Dx have a very nice Avon contract and a large chunk of Ikea work. In fact I do believe that DX's Ikea contract is up for tender in 2020. Both of those could be very attractive to Clipper, not sure tho if they'd fancy the final mile deliveries.
WTF is wrong with this share? It is up and down like a yo-yo, for no apparent reason.
What's not good to you is perfect for me :) I just bought last week and already 12% up!
My theory is if something drops without reasons and lack of news (bad or good), it may be an opportunity.
as I got spooked by these constant drops. It recovered somewhat since then but I ahve decided I am going to listen to Mr Market more instead of hanging on for price recoveries that may never come. I don;t know what is behind the fall but it has been severe. Baffling because I think the company is in a good arena but the SP tells its own story.
According to Shorttracker, Blackrock now have short position of 0.71% which they started to build - or get above the 0.5% threshold on 25th April. This is in addition to Merian's of 2.6% which they started building back on 5th Jan, but seem to have stopped mid-April.
I investigated the rise in non-goodwill intangibles by £10+m but ended up being satisfied with the explanation in the accounts. However, there is also this which I have taken from Stockopedia / Graham Neary's blog :
Clipper has a contribution to EBIT from "property-related advisory services" which are "linked to optimising the Group’s warehousing arrangements" and it's not obvious from the Annual Report what these services actually are. However, at year-end 2018, a company called Hamsard 3476 owed Clipper £4.2 million (the entire amount of revenue it generated for Clipper). For the most recent H1 statement, Hamsard owes Clipper £2.8 million (again, the entire amount of revenue it generated for the period). This company is apparently controlled by Steve Parkin (Executive Chairman & 25% owner of Clipper), which according to Companies House also has Clipper's CFO on its Board. It may be perfectly above board, but clarity about what exactly is going on here - as in, are they linked and if so how ? - would be nice.
Apart from that, any other reason why they would seem to be shorting ?
A little mythed by the share price.
Recent contract wins for:
Pretty Little things (Fastest growing online fashion brand in Europe)
Shop Direct (Highly successful, established online retailer)
Sports Direct (Most active acquisition brand on the high st)
I would have thought the share price would be at £3.20 - £3.35 at present.
Surely another 2 significant contract wins should see a return to the £4 per share.
Anyone with an alternative view?
Chancers, Clipper don't loan their shares out brokers loan your shares out .
This has too be the most quietly manipulated stock on the 'regulated' market.
The shenanigans today : an 8 % rise on a minimal number of trades today - check out the ones before 09:00 - every 10 minutes for 250 shares. Clearly a trainee to stock manipulation - Training, i suppose.
FCA - I've got an idea of the true value of the TLA
Merian up to 1.34 % :
https://shorttracker.co.uk/company/GB00BMMV6B79/
Fair play to them, they can knock 6.5 % (16p) off the Mcap by playing about with 100K shares in one day.
I suppose they will want less then 2 quid before closing any positions - a few decent O buys, so every cloud...
Merian up to 1.12 %, but they seem to have a bee their bonnet since June 2018:
https://shorttracker.co.uk/company/GB00BMMV6B79/
Still a lot of very strange trades on a daily basis - any thoughts?
Choc Dee
Their are no recorded shorts on Short Tracker.
Oversold like most of the world markets due to the Fed and Brexit as well as trade wars
Only fools call bottoms but here goes!!!,
January rally in world markets
I remember when there was a few rns coming out regards loaning out shares, i raised the issue regards this share will be shorted soon and imo, the only reason why the sp is where it is now is due to shorters selling the shares that they loaned from clipper, so imo, clipper is at fault for the low SP and they do not have the PI s interest at heart.
being hammered because its high street clients are struggling, but has a diversified portfolio (and receives fees rather than commission on sales etc! so is worth buying into now.
Is going on here ??.
Amazing results and still the price gets smashed up. After a director sells a lump.
169000+ trade gone through earlier could easy be another sell ???
Very strange goings on did buy at 264 not so sure now it was a good move ??.
Ideas anyone ??!!
and everything up double digit percentages. What is the van hire about?
Been in since 300 and have reviewed the daily trades most days, very strange..maybe the weakest short attack put in place in recent years?
RNS Number : 5972J
Clipper Logistics plc
06 December 2018
CLIPPER LOGISTICS PLC
INTERIM RESULTS FOR THE SIX MONTHS TO 31 OCTOBER 2018
Clipper Logistics plc ("Clipper", "the Group", or "the Company"), a leading provider of value-added logistics solutions and e-fulfilment and returns management services to the retail sector, is pleased to announce its unaudited results for the six months ended 31 October 2018 ("H1 FY19").
Financial Highlights
·
Group revenue up 14.1% to £227.9 million (six months ended 31 October 2017 ("H1 FY18"): £199.7 million).
·
Group EBIT 16.1% ahead at £10.7 million (H1 FY18: £9.2 million), as a result of strong performance in e-fulfilment and returns management in particular. By segment:
o
E-fulfilment and returns management services EBIT up 17.1% to £6.2 million (H1 FY18: £5.3 million), including £(0.7) million impact from Clicklink (H1 FY18: £(0.7) million). Post period-end, Clicklink rate enhancements agreed with key customers and onboarding of secured new customers will enhance profitability in the second half and beyond;
o
Non e-fulfilment logistics EBIT up 16.4% to £7.3 million (H1 FY18: £6.3 million), including property-related advisory fees of £2.8 million (H1 FY18: £nil). EBIT excluding property-related advisory fees has reduced, due in particular to lower activity levels on a closed-book contract with a key retailer as it re-shapes and restructures its network, together with lower tobacco activity. Recent contract wins and increased tobacco activity are expected to deliver earnings growth in the second half; and
o
Commercial vehicles EBIT down 36.9% to £0.9 million (H1 FY18: £1.4 million) due to lower sales of new vehicles.
·
Group Profit Before Tax and Amortisation1 up 17.3% to £9.9 million (H1 FY18: £8.4 million).
·
Group Profit Before Tax (PBT) up 16.9% to £9.3 million (H1 FY18: £7.9 million).
·
Cash generated from operations of £10.1 million (H1 FY18: £12.6 million).
·
Earnings per share up 14.3% to 7.2 pence (H1 FY18: 6.3 pence).
·
Interim dividend increased by 14.3% to 3.2 pence per share (H1 FY18: 2.8 pence).
1 As defined in Alternative Performance Measures section
Operational Highlights
·
Commencement of a new e-fulfilment operation for Pretty Little Thing in Sheffield. Having launched in July 2018, the site is now fully operational.
·
Continuing organic growth on e-fulfilment operations with longstanding customers including Asda, ASOS and Wilko, as well as growth on recent contract wins including Browns and Silkfred.
·
Progressed a number of automation projects across the estate, improving efficiency and productivity.
·
New contracts in non e-fulfilment, including Sports Direct and Halfords, together with organic gr
ANY IDEA CLIPPER DOING WELL BUT WHY SHARE PRICE GOING UP ?
customer apparently according to their numbers today
Nice overview of your knowledge and reasons to be invested DB.
Good contract win today and hopefully more to come.
Thanks for sharing
Great update DB. Keep them coming. rgds
I've been in since £1.50, CLG truly are a great company. Your spot on with your comments may i also add:
1) There maybe potential for a contract for the larger Boohoo group after this successful PLT move from Burnley to Sheffield. Boohoo are also looking at a potential US distribution centre, that could be great if Clipper could make a solid jump over the pond.
2) Clipper are about to open a new fulfilment centre in Poland for a further contract with Westwing, who recently floated and are about to boom! They have also expressed interest for further space in the second park of the P3 posnan park in Poland, so a strong european pipeline! https://www.p3parks.com/p3-live/3264-27/final-column-raised-on-clipper-s-latest-building-at-poland-s-p3-poznan-park/
3) Zara have selected Clipper to fulfil their retail stores nationally also i'm guessing, from what can be seen from Clippers mezzanine project managers and from the recent results presentation. https://www.kampcl.com/projects .
4) Another 300.000 sqft Halfords fulfilment centre for their massively growing sector of Bikes.
5) New Look - look to be recovering somewhat from their recent results.
6) Ron Series left immediately from Clipper today (indepednat director) - he's the chairman of DX group, so im guessing the reason he only just left today must be because of some new overlapping contract with them potentially, i just read DX group have a huge IKEA contract...but who knows time will tell!
7) Steve Parkin seems to be a maverick and a real driving force behind this business and i've been following his horses and other business endeavours and seems to have lots of gas left in the tank.
8) Clipper cleared up at the supply chain excellence awards last night also with their partnership with Superdry.
9) They have exapnded the electronics returns across to Germany for Amazon! & recent contract with Vestel.
10) It seems as if after a lot of research 95% of their contracts from their presentation https://www.clippergroup.co.uk/wp-content/uploads/2018/08/2018-Full-Year-Results-Presentation.pdf.... are growing organically and smashing it. Even m&s with increased online sales.
11) pep and co and edinburgh wollen mill also rapidly increasing from recent new articles in drapers.
I hope an acquisition in Europe is next, Steve Parkin said he wants a company with 1billion in value in his Times article, so i'm sticking around for that fingers crossed ! Good luck to all, the SP looks like great value currently.
Low frequency on chat boards is sometimes good. :)
This stock is one for investment for me so I want day traders to stay away (hence pump and dump) personally...GL with your investment.
I have recently invested in Clipper for the first time.
Surprised by the low chat frequency on this board and the low trading volumes that occur?
Two major factors that I think will deliver success for Clipper in the next 12-24 months:
1) Contract with Pretty little things, the fastest growing Brand in the UK.
2) Recent director buys at £250,000 each. Whilst not registered under the director buys, I have read that 2 of the directors have invested the above amount into the shares at £3 per share via a fund.
I wouldn't worry about the recent SP drop has I believe this is the impact of the general market falls and rising costs of petrol.
GLA
Where have you seen CLG. are lending stock ????
They don't loan stock !!! Institutions are the people that short !!
Their is no shorting taking place on a big scale here, only small shorts to cover any major falls 🤔