Member Info for Frankseluk2

Hi Beza,
I recall from the presentation that sales in h2 2021 were 57million and on a rising trend with new customers on board and tooling ready to go. Maybe a more accurate estimate of the t/o would be to get rid on 2022 forecast and replace with 2023. I won't speculate on the profit figures except to say costs have been taken out and exceptionals are on a downward trend. For 2023 remember "We need more space in Europe and Amarica" further we are working with existing customers at their overseas sites.....,,,,PH will upgrade as time passes... please except typos on a train, all my opinion only.

I added 25k @ 09.56am.
it was reported as an OTC (over the counter) trade and as a sell. It was neither.

Gutted, listening g in my car and lost signal after about 10mins. Wanted to ask a couple of questions...
Must say though was encouraged with bit I did hear.
Will listen tomorrow now.

I gave Phil White a new job.
That should read CFO

Welcome to the shareholders list Phil White our CEO.

And a third vote of confidence from our Executive Chairman.

Someone said underwhelming.....
I honestly can't see what's underwhelming.
Debt reduced
Retirement liabilities reduced.
Net cash generated up.
Finished the year on an improving trend.
Management simplified and strengthened.
Encouraged by 1st quarter. With good progress expected current year.
Managed pandemic.
Looking after employees.
3 New large medical customers .
Increased demand from existing customers.
Going after new business
Please tell me what is underwhelming in That???
Jmo

I

Oggy, if we knew the answer to your question we would be well on the way to being very rich indeed.
Take time and read some older posts, some posters/shareholders have taken an educated guess at the potential for the shares.
A lot now depends on the premlims due Wednesday and the companies review of the 1st quarter.
Also read company postings and updates. You might then get a better understanding of the companies worth and what it's shares price should or could be. Jmo. Good look whatever you decide.

Peel Hunt I believe.

The statement below, from our recent trading update doesn't hint at any cash raise in my opinion.
"A strong focus on cash generation has enabled the division to make significant investments in capital expenditure to support its ability to deliver on anticipated future production contracts without increasing net debt".

No doubt, the timing of the announcement, will allow the inclusion of a 1st quarter update. Jmo

The fall this morning may have something to do with Molojic suing HM GOV, they say they have a better Covid test than the one the GOV are using and are stonewalling the company.
I think Molojic are marketing Avacta's covid test. And we CARCLO may well be one of their manufacturers.
Market makers took opportunity the mark down and grab some shares.
Jmo

Time2retire,
The shares are not widely traded, hence the bigger ups and downs. And the massive spread.
I'm looking forward to reading the results and prospects when they are issued they could be later than a few years ago, as with other companies this is due to the pandemic. Not Carclo's fault but accountants etc are all behind for the same reason.
No advice intended.

I reckon it's similar to Duroc's sale a while ago. A longer term holder taking the recent strength to reduce or move out entirely. Yes whoever it is has dragged other "individuals" with them.
Good they are doing it now before the results. Once there gone hopefully we will start our steady rise again. Jmo

In 2018 the last year of normality ie before Covid and LED the results were posted on the 5th June.
I doubt they we will get them this time before the 7th June at the earliest. Jmo

Fwiw.
As I recall, It took Feedback PLC about 6 weeks to get a CE mark for their "Bleepa" product. In Feedback' s case I'm afraid they haven't matched their rhetoric. Don't go there ;-)

180,000 buy trade went through after 5.
Not delayed.

Whilst we wait for the full year results I thought I would have a look at where we are and what we could expect.
Our trading update has given a number of clues:
• We exit the year with stable foundations and building momentum with demand strengthening faster than anticipated.
• SALES circa to last year buoyed up by new tooling contracts.
• Reduced net debt (excluding new tooling leases, now required to be shown in total liabilities)
• Significant new business in 2nd half and increasing demand from existing customers from existing customers. PLUS NEW CUSTOMERS.
• Aero business, with help from Covid support schemes traded at a reduced profit. NOT A LOSS.
• OVERALL we have made a post tax profit.
You couldn't want for a better update. And here we are in a red hot industry, sales circa £100million during a period of major disruption due to COVID and getting shot of the problematic LED division. Brand new management who for the 1st in many years look as they know what they are doing and what do you get...A BUSINESS THAT IS SURELY worth 3 of 4 times its current value.
Everybody has different and genuine reasons to hold or sell , we have a seller at the moment or maybe this is a planned shakeout. We will soon find out..jmo.

Looks to me like the market makers are getting weak holders to sell whilst filling buy orders at a good profit.
Jmo

Helico international have a facility near Carclo.

If BT's pension deficit is anything to go by we should see our pension deficit lower than expected. Telegraph today refers to BT, saying their deficit will be £2.2bn lower than expected at £7.5bn that is around 25%. We will get a real boost if Carclo's comes in with a similiar reduction.
I think our re-rating has more to go yet. And reading Buckhunters post "largest shareholder..." posted yesterday businesses in our sphere, IE medical plastics, are definitely sought after. Interesting times indeed. My opinion only. Dyor.