Member Info for Norfolkian

The only way it can get hammered is if a factory blows up! They have production in several continents and the plastics division has 24/7 work for years to come. SP will go up gor years but in a zig-zag curve. New short term investors post Duroc may sell out in the event of a market correction but earnings will rise and rise. Any dip below 30 looks a good buying opportunity. I have held since 6p & will wait til 2022

I also bought in at 5p, 13p, 20p and am happy to let profits roll up to an optimistic 75p. Hopefully the next results will be more inspiring than the last (I use the word inspiring rather than positive, as the last results weren't exactly that bad). That said, there may be a retracement in the sp as a possible market correction occurs. I don't want to appear to be a gloom and doomster but I can see the s&p tumbling in the near future and taking UK stocks down with it and carclo back to mid 20s.

Jackbal, we had similar strange price meovments when Peel Hunt were reducing their holdings last year...sp going up during the day and down again before the close, and the spreads extreme between .2 and 12%. And after Peel Hunt sold out the share drifted down to 13p, but now I'm not so sure there will be such a dramatic price drop.
Just read the comment today from Chief Executive Alastair Smith of Avacta: "we are close to fully establishing our supply chain for scalable manufacture of test kits". If carclo is involved with avacta in reliable & fast covid test kits then we have good reason to be optimistic. Always thought carclo's share price would be a bit higher if they branded themselves more as a medical plastics company than a general industrial chemical outfit.

Sold my large caps and bought more carclo at a penny more than the new director. Does seem a no brainer not to go really overweight especially for all who have been following this company - unless someone can produce a vaccine pill tomorrow the prospects look too too good!

Forgot to mention that he didn't buy any shares in his previous company, RPC plastics, so a first purchase at Carclo could indicate a could seal of approval over the next year or so.

I was looking at the background of the new guys and it seems Frank Doorenbosch is also a director of Thingtrax, a small company which helps factories become more efficient, using smart technology and AI. Shouldn't be surprised if he is bringing them in to maximise medical plastics production, which I would imagine they need at the moment.
I had decided not to buy any more shares given that I am very overweight, but if the buy price dips below 21p then I am inclined to purchase more as I've always regarded Carclo's risk v reward to be very good in the current covid environment.

Interims pretty much flat. Better prospects for improvement in the future once covid has disappeared...and possibly a takeover target. Worth keeping them tucked away for at least another year as the price is unlikely to drop much.

Interesting article in FT this week on the subject of covid continuing for many years with regular vaccines being needed for top ups and new strains. An appalling prospect for humanity but profitable for CAR. Keep the shares, Buffett junior, and resist selling early. I aim to top up if a market correction pushes them sub 16p. An unfortunate fact that the world will need medical plastics for many years.

Agree with this logic but there is an elephant in the room...a hugely overvalued market on any number of measurements (buffet indicator, shiller p/e and others). I'm looking for a correction to 1.20's before the good times begin.

They were hiring a number of new engineers at the very beginning of 2020. Like many smaller manufacturing companies the virus has delayed orders/profits/news. Am confident the sp will gradually rise from the recent 7p bottom

I bought at 5p, 12p and also some at 19p, although even at that higher price I still think there is a possibility to double the money (sp at 40p by the years end is not impossible). The rationale is that the virus won't be going away for another 12-18 months and the new virus strain will only exacerbate the crisis, eventually popping current market optimism but not CAR's sp (as happened last autumn). Having factories in several continents makes CAR an international company but cheap at the price. The only thing I don't trust in regard to CAR are the MMs which is why I will watch, hold and wait.

I have sold all my hildings with the exception of CAR and silver miners, as I think a market correction is on the cards sooner or later. The only things I have bought recently was CAR at 12p (Warren Buffet Junior: you should have listened to WB Senior!). The last CAR trading update, disappointing as it was, included disruption from last years initial covid lockdown, so I am keeping fingers crossed that trading from October will be much improved. Good that the directors also think so.
Have resisted temptation to splash out on software/bio/trendy shares as I believe that CAR has very very much lower risk, even with the pension deficit, with factories producing essential medical plastics. For the next two years at least, it can't do anything but increase production and profits, which is why I have invested so heavily (and my holdings so very much overweight, even for my liking). Keep the faith!

Thanks. Have also referenced what others on this board are holding and have made some profitable trades. Tide looks like a reasonable bet and at a subdued price. Cheers
To all those waiting for tomorrow's results let's hope it is positive...a lot of buy nibbles in the run-up to 4:30pm today which is always a good sign!

Appears weird to us but all very rational as the sp is determined purely by demand. Many of my trades haven't been shown so the brokers are obviously dealing behind the scenes and it also seems there has been a big seller recently, hence unusual price swings and spreads. Just use these drops as an opportunity to buy at a reduced one-off price! And don't expect a doubling of the sp next week...it will most likely happen when the brokers decide it deserves a re-rating. It would also be nice if CAR could be viewed as a medical rather than as a basic chemicals company. Keep the faith til next year and ye shalt be rewarded most amply, my friend!

Dip in price today and the end-of-day spread is an amazing 0.57%, down from a prvious weeks' spread of 10%. Someone either wants to reduce a sizeable holding to raise some cash or they know of bad news due in 10 days time. Methinks it is the former and have used the opportunity to top up further.

Agreed, and expect buyers to nibble away til the 27th. The elephant in the room could be a no-deal Brexit on the 19th although as a small-cap and with high overseas earnings it may not be impacted like the rest of the market will be. It's a gamble but I'm hoping my strategy will pay off - overweight on CAR and silver miner FRES and should the rest go down 10% on a no-deal at least half my portfolio will hold steady.
On the other hand if we have a deal followed by more vaccine news then it is going to be a very profitable Christmas and New Year.

The fall looks like an opportunity which is why I've swapped out of PHAG silver etf into increasing my holding of FRES. It does appear to be based on market sentiment rather than pending unfavourable news coming from one of the mines.

I was also wondering if some of the idle machinery used by the Aero division could be diverted for use to the Medical division, which must be runnng at 24hour 100% capacity these days.
Share price very quiet now but it will definately perk up closer to Results in a week or so. It will be well worth watching share price movements in reaction to inevitable insider information.

Would have to agree with you on this. I am dangerously overweight on this stock but I cannot see how any money could be lost except through a factory being put out of action.
Very encouraging that whilst the majority of most share prices today have turned red the price for Carclo stays the same with a wider spread.
I have a feeling that when share activity picks up early November this will be the signal that insider information knows that good news is about to be released.