Member Info for Frankseluk2

Mesquida,
"After all £120k plus in not exactly small potatoes"
Should read,
"After all £167k plus is not exactly small potatoes."
Just for the record. ??

Rivaldo, Found this looking at your post detail. Great find, thanks for posting.
Rather than reply to yours posted seperate ti highlight the headline..
Multibaggers with 10 Bagger Potential - Carclo (CAR) Returning to Growth
27th Apr by Bluesky Ventura
8 comments 1309 reads
Carlo - Returning to Growth
27th April 2021

Carclo (LON:CAR) hit a new low of 4p on the 18th of March 2020. ( Lowest buy price 5.1p, additional buys at 11p, 35p) - (I hold a long position). With the share price already rising 100%plus in 2021 I expect the best is still yet to come.

Carlo released a trading update, see link https://www.stockopedia.com/sh.....

Overall the second half was better than the first and the tool orders in 2021 suggest further growth to come 2022.

The results look ahead of my expectation hence I updated my model. (information provided below)

Sales Forecast
Sales forecast 2020 to 2025

8502f205e0be215a06253c9cd0002929381f53861619512477.png
Valuation
The evaluation model suggests 100-140p valuation for year-end 2021, and 2025 upper-end valuation of 440p . See the graph below.

72b8d20a97f84deac17d1593740a104c3ee79acb1619512662.png
As always DYOR

The timing is interesting. Duroc notification came in around then.
That would confirm my thoughts at the time. Someone was mopping up all available shares.. And not just M&G I bet.
Jmo

I have got this wrong before.
Looking at CARCLO's FT tear sheet it states that M&G investments owns 1.87% of the shares in the company.
The date of change/notification 1st March 2021.

Warren,
The disruption caused by the pandemic has been nothing but massive.
You only need to listen to the news to hear how patients suffering anything but Covid had operations delayed, appointments postponed etc etc. Demand for medical products switched to Covid reducing demand elsewhere. Folks stopped contacting their GP's . Yet, despite that, and having an Aero devision when the world stopped travelling we have maintained sales at last years levels. I think when you take all that into account you might see this update in a different light.
Jmo

Maintained t/o whilst focus switched to Covid products.
New tooling orders are the precursor to the contracts we have been hearing about.
It must be difficult to keep the manufacturing going in places like India but we have, and delivered a post tax profit with reduced debt not to mention NEW CUSTOMERS.
The departure of David Toohey at the end of the month removes the last vestiges of the old board. And without singling out Mr. Toohey, I must say I am happy about that.
Jmo

https://youtu.be/hqezy2ifLiM

Copy to browser.
Small u tube video posted 4 weeks ago.

Hey Buckhunter,
Thank you for the info.
Be sure to let us know, quickly and sharply, if when passing the factory you see someone with a Trading update under their arm. ??

Hopefully this week.
Though the same last week.:-)
No mention in "company announcements this week" though.

I wonder what the longer term holds for these two businesses within the CARCLO group.
With the Aero industry likely to pick up in the coming year or so now might be a good time for to find them a new home. And no doubt CARCLO could find a good use of the funds generated.
Just a thought whilst we wait for the update.
Jmo

Nice to be reminded from time to time Steelwatch. There are many positives in this story which are very easily forgotten at times when news is short.

James, adding to pipedragger's comments; we know a trading update is imminent.
After the turmoil and restructuring of CARCLO we are now waiting results for the 1st 6months as a seperate "new" business. The trading update will give us a clue as a heads up as to where we are going.
There are a couple of issues regarding the pension and debt, which are now (some believe) under control.
If the company gets it right there is good upside. Certainly worth a punt in my opinion. The chairman and two new execs plus a divisional CEO. bough shares recently.
Not a recommendation . Dyor.

Which has the same trading period as CARCLO and has worldwide locations, posted their trading update this morning.
An indication maybe that ours should be soon...jmo
I reckon this Thursday.....maybe.....

Last twenty odd tardes 37p or more.
Finally up pops 11shares @36p and thats your UT for the day.
There must be a reason...I only wish I knew.

Hi Mesquida,
What do I know!
Nothing for sure will happen until after our results are published.
As I have mentioned a few times. Lets say sales in our 1st full years as an independent company are circa £120m.
and we achieve circa £10m / £12m. That would put us on a PE around 10.
Say a company in our sector put a bid in at £1.00 per share (73million shares) £73million.
Add debt say £30million and pension deficit say £50million that gives a total cost £153million.
For that, they are rid of the issues we have (pension/debt) and duplicated costs plus high exceptionals (exceptionals greatly reduced already). On that basis they could more likely eak out £15million per annum in extra profits and get a global presence in a RED HOT sector. If the bidding company had a PE of 30 that would change the value of Carclo to £450million. Mouthwatering potential for a potential suitor. Loads of holes and in my opinion only. No advice intended.

It's been the same for sometime, especially on ADVFN. And I understand ADVFN is the source of price info on a number of platform's.
The 2 share uncrossing trade which occurs frequently often doesn't represent the true finishing price.
Quite frequently during normal trading the price is squeiff. Yesterday trades were taking place well above the ASK but ADVFN has the share down.
Never mind I say, when we get a bid no-one will be able to tinker with that price.
To be fair that should read, when and if we get a bid.....jmo.

When our Exec Chairman bought shares along with others including Alan Hook Divisional CEO.
It never occured to me to check . I'm sure most if not all on this board are aware :
Alan Hook is Divisional CEO of Carclo Aerospace Division.
Now that is a surprise considering what has happened in the Aerospace Industry.

Hi Buckhunter,
What we need now is shareholders from other locations around the world to let us know how things are going at their locations. We got info 're Mitcham at the weekend. We could build up quite a dossier on the company which might give us smaller shareholders a leg up for once.......keep up the good work

Thanks for posting Steelwatch.
Hope we get a sound and positive update when it comes.
Jmo

Every little helps Mesquida.
It is something that I and problably many others had wondered about for some time, but never wanted to mention.
Looking forward to our trading update, only a short time now till the end of "Carclos" financial year.
Of course the interesting bit will be the last 6 months. The 1st 6 months after the demerger and the outlook for the coming year. JMO