Tclarke (CTO)

Sector:

Construction and Building Materials

Index:

FTSE Fledgling

124.25p
   
  • Change Today:
    -0.25p
  • 52 Week High: 154.50
  • 52 Week Low: 79.40
  • Currency: UK Pounds
  • Shares Issued: 43.05m
  • Volume: 9,774
  • Market Cap: £53.49m
  • RiskGrade: 148

Friday preview: Cash the key for T. Clarke

Date: Thursday 12 Jan 2012

LONDON (ShareCast) - T.Clarke, the building services group, said in mid-November it was on track to meet market expectations for the full year and in Panmure Gordon's opinion it had better deliver, or face the wrath of the market.

"After some disappointing updates, the company needs to start delivering again. While market conditions remain tough, the last IMS [interim management statement] was in line, so it is a start to the process," the broker notes. "However, against a backdrop of challenging market conditions, this remains a tough task," the broker added.

The broker reckons the key issues in Friday's full-year trading update will be: revenue visibility (regions versus the south); pricing and margin pressures; strategy implementation; and financial, with cash levels being important for a dividend yield stock such as this.

Regarding the latter, net cash at the half-year stage was £3.4m; Panmure Gordon expects the usual seasonal working capital inflow in the second half, so its full-year net cash forecast is £4.6m.

Precision instrumentation and controls company Spectris is set to deliver revenue growth in the double-digits in its trading announcement, if Numis Securities' Scott Cagehin is to be believed. Enjoy it while it lasts, though, Cahegin warns; the company will start running up against some tough year-on-year comparative figures.


INTERIM DIVIDEND PAYMENT DATE
Alliance Pharma, Babcock International Group, Caffyns, Cropper (James), Electrocomponents, Kewill, Marks & Spencer Group, Northern 3 VCT, Severn Trent, Shanks Group, Telford Homes, UK Mail Group

QUARTERLY PAYMENT DATE
Yamana Gold Inc.

INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Balance of Trade (US) (13:30)
Import and Export Price Indexes (US) (13:30)
U. of Michigan Confidence (Prelim) (US) (15:00)

GMS
Beowulf Mining

AGMS
Bellway

TRADING ANNOUNCEMENTS
Spectris, Ted Baker

FINAL DIVIDEND PAYMENT DATE
Associated British Foods, Debenhams, Renewable Energy Generation Ltd.


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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 124.25p
Change Today -0.25p
% Change -0.20 %
52 Week High 154.50
52 Week Low 79.40
Volume 9,774
Shares Issued 43.05m
Market Cap £53.49m
RiskGrade 148

Tclarke Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
93.22% above the market average93.22% above the market average93.22% above the market average93.22% above the market average93.22% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Price Trend
26.64% above the market average26.64% above the market average26.64% above the market average26.64% above the market average26.64% above the market average
15% below the sector average15% below the sector average15% below the sector average15% below the sector average15% below the sector average
Income
80.88% above the market average80.88% above the market average80.88% above the market average80.88% above the market average80.88% above the market average
70.37% above the sector average70.37% above the sector average70.37% above the sector average70.37% above the sector average70.37% above the sector average
Growth
90.21% below the market average90.21% below the market average90.21% below the market average90.21% below the market average90.21% below the market average
80% below the sector average80% below the sector average80% below the sector average80% below the sector average80% below 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 22-Apr-21 15-Oct-20
Paid 21-May-21 13-Nov-20
Amount 3.65p 0.75p

Trades for 23-Jun-2021

Time Volume / Share Price
16:29 1 @ 124.50p
13:11 1,500 @ 121.28p
11:58 4,891 @ 121.28p
09:25 2,000 @ 126.23p
09:20 600 @ 126.23p

Tclarke Key Personnel

CEO Mark Lawrence
Finance Director Trevor Mitchell

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