Updates

TClarke

August 2023

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

TClarke has confirmed that trading since May’s update has continued to be strong, with the order book increasing to £781m, a sharp uplift to the FY22 position of £585m, leaving it well placed to achieve its stated £500m sales target this year. Together with the news it also announced a placing, raising £10.7m at 122p. A 14% discount to the prevailing price might not look great but the largest shareholder, Regent Gas, has stumped up to buy 4m shares. TClarke says it will deploy the funds to capture and deliver additional contract opportunities in the London region, across data centres, healthcare and energy efficient smart building solutions. The new contract opportunities are expected to “materially enhance profitability, with h ...

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Strix

Sanderson

TClarke - 160p cash offer from Regent Gas (May 2024)

TClarke (April 2024)

TClarke (June 2023)

T Clarke (February 2023)

T Clarke (December 2022)

T Clarke (August 2022)

T Clarke - High confidence to beat forecasts (June 2022)

T Clarke - Eps of 21.1p forecast this year (April 2022)

T Clarke - Record Q4 for sales and no supply chain issues (December 2021)

T Clarke - Data centre wins balloon order book to £503m (September 2021)

T Clarke - Cash adjusted PE of 4.7 (February 2017)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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