Member Info for Frankseluk2

Thank you for posting lamsailing.
Whilst it's good to read the telegraph report I wonder if Nick Hawthorn could post the contact number and time so we could have a good old conference call or maybe Zoom it;-)
Great post by Rainmaker (posted just after midnight) on ADVFN this morning he goes a bit further in the research.

On this occasion I think they are referring to something else Perkylad.
They are restricted where funds are physically invested. I can only think it is something to do with reducing the numbers in the scheme. The way these schemes calculate long term liabilities allows them to offer very generous terms to members who want to switch out.
Not only can this offer improved/more targeted benefits to the member it may well disproportionately reduce the schemes long term liabilities.
For example, a defined benefit scheme is indexed linked and provides for a surviving spouses pension. this assumes the member has a spouse and that they don't have their own pension. The company may be able to offer these members a generous transfer to another scheme (drawdown pension perhaps) where the member can get more suitable benefits at a much lower cost and pocket and surplus cash (Subject to pension rules) The company will benefit as the cost of the transfer out can be considerably less that the provisions it has to make to provide them when the member retires.
Bit of a fistful on a Friday evening, just my opinion and may be well of the mark.

Have thought about this Chrisjse.
I wonder if they could incentivise members to move out of the scheme. Other than that I haven't a clue. If they can get the deficit down faster that would be great.
I thin the management are doing a fab job. Here we are Sept 2nd two days after their first half and we get a 4month trading update. That's investor friendly in my books not many companies this size would provide so much detail so quick.
Certainly not the previous board (s). We ought to change the company name "New Carclo" -;)

Ahead of expectations, framework and new customer programmes on target for full year.
Alongside the positive trading performance, the division continues to make good commercial progress with order intake in the medical and diagnostic sector remaining strong and showing some good potential.
The Aerospace division showing early signs of market recovery with order intake exceeding sales for the first four months of FY22 following a FY21 where sales exceeded order intake. And winning business with new customers in line with its long-term strategy.
Cash generation ahead of expectations debt reduced further and pension initiatives being developed with trustees to reduce deficit faster than employer contributions alone.
Yes there are headwinds 're staffing in the US but looking to improve. Finally company increased inventories to stave off raw material supply issues.
A brilliant update. Jmo

Pure guesswork. Not advice to buy.

Revenue: £60.5m. Based on H2/FY20/21. (£57.6m plus continued recovery from Covid 19 and new clients)
UOP: £5.376m. Based on the average of 3 previous years 17-18/18-19/19-20. Plus 1.5% for improved efficiencies (no CEO etc.) Which is 8.8866% of revenue.
PBT: £4.172m. Based on finance costs as FY20/21. £2.659m minus say £750k arrangement fees, divided by 2, 6months. Low exceptionals £250k, as most problems now behind us as stated in annual report.
No account taken of possible raw material shortages.
No account taken of the framework agreement. Which could add up to £3-£4m to revenue this period based on the build up to £10m FY 21/22.
If we then simply take 12 months as double the above ignoring growth, framework etc. We have FY 21/22.
Revenue: £121m
UOP: £10.752m
PBT: £8.344m

£8.344 x 17.55 PE (Ave 250 Company. Micro cap higher) £146.437m.
£146.437m minus say £40m for pension and say £30million debt = £76.437m
73.29m shares that gives £1.04p per share.
Lots going on with new clients and continually recruiting. Hopefully we will get info on a AGM RNS.
Is anyone going by the way?
As I have said previously loads of holes. My opinion only.

Bought in here about a month ago. Looking very interesting. Like the recent purchase, earnings enhancing yr1. Keep that up Nat. Market certainly likes it.

I am hoping for a sign of how things are going such as revenue.
Lots of companies take this opportunity (AGM) to give shareholders a brief update.
Has anybody given any thought as to what the revenue figures will look like?
I have and will post them nearer to the AGM date.

Well spotted Rivaldo.
Funny trading today. Nice bounce from the days lows.

One question I would have liked to have asked at the "Investor meet the company" webchat.
"When would the company be introducing share options for those employees/directors running the company"
Needless to say I am pleased to see that some have now been awarded.
The shares are at the moment options, but the company will at some time in the future need to, 1. Issue new shares 2. use treasury shares (if they have some) 3, Purchase the shares in the market. I believe the shares are nil cost so the fact they were issued yesterday means nothing unless the company buy them today or take out options to buy them today.
The shares options will be awarded based on the performance :
50% on earnings per share over the coming 3 years. & 50% on total shareholder returns over the same period.
The share price is beaten up at the moment due to a seller in the market. This happens when you have a share that trades in low volumes . This won't be the case for ever ! JMO

The MM are up to the saem tricks.
a girlfriend bought 25k this am @ 46.57p . that is showing on the OTC info as a sell

From 3 new large medical customers Two of these customers operate in
the diagnostic field and the other in pharmaceuticals.

Annual report, say no more!!
Nice try MM 100k delayed trade from Friday, certainly got a few AUTO sells. What will they try next??

Thanks for posting Steelwatch.

Fenics,
If something had changed, anything, including the framework agreement, that could infulence the shareprice either in an upward or downward manner the company would be duty bound to issue inform shareholders, so as to avoid a false market.
I have pontificated over the past days as to what was happening and without further evidence I have to agree with others, a substantial shareholder has offloaded quite a few shares over the past week and that has convinced others to sell also.
Lets hope this is now at an end and we can resume normal business, mind you , investor confidence has been tested no doubt. JMO

Morning Beza,
Its a set back no doubt. I still feel its the heard instinct but stand to be corrected on that.
If this is 3% holder we should have been informaed by now and if its not a 3% holder they shouldnt have any shares left.
Our directors buying gives me confidence.

Hi Beza,
Another lovely day, and great golf!
For what it’s worth, the information I use for my analysis is no different to your own just that I look at total trades not buys or sells
Certainly there are sellers out there but I don’t see a concerted attempt by one or two large holders.
Results and presentation week 3.376million shares were traded (ftse) the price dipped 2p. Early buying then selling after the results/presentation, no information forthcoming re, the framework contracts.
The following week 1.721million shares traded (ftse), the price dipped 7p. Last week 2.687million traded (ftse) and a similar dip. I stated my opinion on this in my previous message.
Two weeks before the results 1.584million shares were traded when the price dipped 6p, June progressing, no info re when to expect results.
Finally in the week prior to results 976,171 shares traded (ftse) the share rose 5p in anticipation.
As I say, fwiw. My thoughts only.

Hi Mesquida,
What a great day today has been!
Looking at the volumes over the past few weeks nothing really stands out. I doubt myself if any 3% plus holder is reducing, if they wanted out they would have gone some time ago. No doubt I stand to be corrected (RNS Monday ;-).
I recon its folks seeing profits drift lower and are worrying, plus a few who bought at the recent highs. Clearly the more that are sold the more the fear grows and so on. You could almost see the exasperation in the 15.26.33 trade. 50,023 shares offered, bid 40.50p offer 41.60p. executed at 39.81p.
There is no doubt some are concerned ref, the framework agreement and orders yet to come. they will come, no company spends a few million on tooling, just to walk away.
I’ve listened again to the company presentation, they are making great progress, the business saw a 17% uplift in the second half. We are now in a completely new yea, lots of the problems and issues from LED days have gone. Both our Executive Chair and Finance Director talk about good progress.
The next figures will be all their own. I’m looking out for one or two positive surprises on the way.
JMO

Sorry.
Looks like the information is from 2018.
States clearly, was updated 3 days ago. ??

Says updated 3 days ago.

https://www.marketscreener.com/quote/stock/CARCLO-PLC-4001758/company/
Link safe.

There is an example for all Beza. I sold my entire holdings in Vectura just before the 1st bid.
I can also remember when BAT Industries (British American Tobacco) bought a life insurance company....sold it some years later after lots of flack.