Tclarke (CTO)

Sector:

Construction and Building Materials

Index:

FTSE Fledgling

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

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 124.25p
Change Today -0.25p
% Change -0.20 %
52 Week High 154.50p
52 Week Low 79.40p
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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