Tclarke (CTO)

Sector:

Construction and Building Materials

Index:

FTSE Fledgling

89.00p
   
  • Change Today:
      0.100p
  • 52 Week High: 137.00
  • 52 Week Low: 73.00
  • Currency: UK Pounds
  • Shares Issued: 43.05m
  • Volume: 33,333
  • Market Cap: 38.32m
  • RiskGrade: 256

TClarke reports increased cash flows for 2012

Date: Friday 11 Jan 2013

LONDON (ShareCast) - TClarkes trading continued in line with expectations last year, with a rise in net cash flows, the building services company said Friday.

Ahead of the preliminary results for the year ended December 31st, the group reported net cash of 5.4m, compared to 0.6m the year before.

The company advanced 5.04% to 62.50p at 11:00 Friday after reporting strong growth during the period despite pressure from clients, contractors and suppliers.

Business was boosted by new contracts with an order book of 230m. The contracts include works on residential units, offices, schools and hotels across the UK.

Notably, the firm partnered with Balfour Beatty in the successful bid on the Welsh Government's Designed for Life: Building for Wales 3 national framework. They secured the first project on the Cardigan Health and Social Care Centre, Cardigan Bay, which is due to being later this year.

We expect market conditions to remain tough during 2013, but we maintain strict criteria when assessing which projects to bid for and ensure that our tender prices reflect the true cost of completion, the company said.

Cash raised will be used to fund the working capital requirements associated with new projects. However the group expects steady growth in its net cash position.

Preliminary results will be released on March 19th.

RD

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Tclarke Market Data

Currency UK Pounds
Share Price 89.00p
Change Today 0.100p
% Change 0.11 %
52 Week High 137.00
52 Week Low 73.00
Volume 33,333
Shares Issued 43.05m
Market Cap 38.32m
RiskGrade 256

Tclarke Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
70.31% above the market average70.31% above the market average70.31% above the market average70.31% above the market average70.31% above the market average
52.63% above the sector average52.63% above the sector average52.63% above the sector average52.63% above the sector average52.63% above the sector average
Price Trend
0.31% above the market average0.31% above the market average0.31% above the market average0.31% above the market average0.31% above the market average
2.56% above the sector average2.56% above the sector average2.56% above the sector average2.56% above the sector average2.56% above the sector average
Income
84.37% above the market average84.37% above the market average84.37% above the market average84.37% above the market average84.37% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Growth
40.57% above the market average40.57% above the market average40.57% above the market average40.57% above the market average40.57% above the market average
5.26% above the sector average5.26% above the sector average5.26% above the sector average5.26% above the sector average5.26% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tclarke Dividends

  Latest Previous
  Final Interim
Ex-Div 23-Apr-20 05-Sep-19
Paid n/a 04-Oct-19
Amount 3.65p 0.75p

Trades for 27-May-2020

Time Volume / Share Price
11:20 2,462 @ 89.00p
11:14 3,103 @ 89.20p
10:12 5,456 @ 91.07p
09:23 1,236 @ 90.04p
09:01 5,000 @ 91.00p

Tclarke Key Personnel

CEO Mark Lawrence
Finance Director Trevor Mitchell

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