Member Info for Frankseluk2

The update is great for sure. But hey, sales are still miniscule, this is why in my opinion, the shares have fallen.
We need to add products using the cash we have before its gone!
That last cash call looks inspirational on reflection.
JMO.

Yes, exactly Beza.

Even so Wigwammer the deficit at the uear end should be well lower. Fill Yr update April: " In addition, the Group balance sheet has strengthened considerably throughout the course of the year, in part driven by a reduction in the IAS 19 pension deficit."
Plus we should get a further update in the coming results.
Jmo

The elimination of the deficit would also free up circa 2million for a dividend . (The amount we pay annually less tax plus deficit interest saving)1.5p would leave some for further investment. Pie in the sky at the moment I suppose but we are moving in the right direction. Imo.

You only have to look at Franks Doorenboschs bio on Carclo's website to see why he is the person for this job.
Wigwammer (on lse) has stated supply issues are indemic. The company said in their interim report they were taking action in this regard having invested an additional 3million on raw materials to ensure a supply at that time. But its not only supply chain issues he is appointed for. He is looking at ways we can improve our operations and make the company more efficient so that we an take on the extra business the company believes is there for the taking.
It's funny that folks tend to highlight what they think as negative and miss the underlying fact staring them in the face, Carclo is a real turnaround growth story. That fact will be reflected in the share price at some point for sure. Jmo

We have previously been given a "heads up" RNS stating the date of publication.

Chrissie
You will find that info on the companies website. Comparing the balance sheet with the company then and now is not like for like. CARCLO is now a totally different company. With totally different management.
On another point it's interesting that each day this week delayed trades , which if you check times and spreads at the time they look very much like buys. Tuesday 200k, Wednesday 100k, Thursday 2 x 200k and today 350k. All published after trading closed. Someone is definitely mopping up the sells.

The revenue growth, in line profits and margin pressure were all flagged in the half way report.
The considerable strengthening of the balance sheet despite the increase in net
debt Is brilliant and gives us a clue to the reduction in the pension deficit.
The Framework contract "extended prove out" (delay) was mentioned when I asked how it was progressing at the last “investor meet the company” presentation. To be honest I was a little disappointed when I read it but that should be all ok now considering the UK side of it is in production.
The new global contract with an existing customer is a huge positive in my opinion. As is the 17 new (additional) product lines the 5 new significant accounts in the Czech Republic, USA, India and China.
Order intake in the Aero division improved significantly during the second half and especially in the final quarter. And looks like continuing as the business is being developed further.
Finally demand remains strong despite the headwinds in China and India and the problems from the war which most if not all companies are feeling.
A good update imo. Pity the share price doesn't reflect it.

Wow indeed Warren,
Yes the company faces the same issues as others, Covid in Asia, War in Europe , supply and inflation issues the world over.
Net debt increased and likely to increase further with planned expansion. The company is winning orders and large ones at that.
And the pension deficit has plummeted with the companies balance sheet a lot stronger.
I would like to write further but have a train to catch.....the often talked about 're rating is now certainly on the cards. Jmo

On the other hand Warren.

No announcement of disruption in China due to the recent Covid outbreak is reassuring indeed.

We should get and hopefully keep momentum after this further upgrade.
It's certainly a lot cheaper to update an old picture than to make a new one. Streaming services will be looking very closely at their film catalogues im sure...
Jmo

The company mentioned in last year’s presentation to shareholders that they had enough funds for the moment and that selling the aero division was not something they were considering.
It would be great if the pension situation improved (bond yields, members transferring out, mortality figures etc. etc.) enough to warrant the trustees removing the restrictions on dividends early. Even a very token dividend would transform the share.
I don’t think a share buyback, for all purposes like a dividend, returning money to shareholders, is something the company would do. We need a bigger float rather than a smaller one. Some institutions won't invest in a company with so few shares on offer.
JMO

Which hopefully puts a spring back into the shares.

Seems very sloppy Zhozho.
Hopefully our board have made this point direct to Pewl Hunt.

POSTED ON ADVFN EARLIER
Trades.
I log onto my ADVFN moniter.
Then click on CARCLO (2nd column).
Follow this by clicking on TRADES (top "header" column)
You get the trades for the day.
Now log out.
Type "CARCLO share chat" into Google search. Scroll down (3rd choice) "ADVFN"
Now click on TRADES (top again) this time you get all the trades ie, lse and AQSE
Now you will see both the 250k trade and the 200k trade side by side. Not sure if the bid offer info is correct but when I looked yesterday I also felt they could well both be purchases. Jmo

With the new HUBS opening, one hopes they can maintain the revenue growth.
Great update ...

Hi larrs,
There are a few interesting post over on ADVFN.
I get the feeling that investors believe it's current market sentiment with folks who got involved very early in this recovery, when the share was 5p ish , locking in any profits.
Like some others, I believe we will bounce back as we get closer to, and when the results are posted but as we all know the share is not without its risks. Jmo

Great update this morning.
Being the primary vendor for forthcoming European launch of a global streaming service, should give us more momentum for 22/23.

Hi Steelwatch,
Would be nice to see t/o up to £130m+. My own assumptions are a bit lower but still good especially with all that's going on in this complicated world. I can see the £130m especially if the framework contract is going well. We should also see further progress on the pension and borrowing side of things.
My estimate FY22 (assuming no surprises) for UOP is £7.5m to £8m and Underlying EBITDA of £13.7 to £14m.
Finally, I doubt we will have a trading update until after year end. Probably early April. Though, didn't we already have one I in disguise when our CFO added to his shareholding.
My opinion only.

Well done Phil.
A good vote from someone in an industry that is inherently cautious.