Updates

T Clarke

January 2022

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.

The shares sparkled after T Clarke announced a continued improvement in its order book from £503m at end June to £525m, including a record £325m (+25%) secured for a year out. As a result, while current year expectations are unchanged (underpinned by a record Q4, particularly in London), next year’s turnover guidance has been raised from £380m to £410m. Importantly it remains confident of achieving 3% operating margins. Technologies has been the main driver and is expected to increase its contribution from under 15% to one third group revenues in 2022.While current year eps forecasts are unchanged (c. 15.5p), I suspect next year’s 21.2p to be beaten as it’s already secured 78% o ...

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Somero - Trading ahead of expectations

De La Rue

TClarke (June 2024)

TClarke (May 2024)

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TClarke - Huge growth in data centre business drives order book gains (July 2023)

T Clarke (April 2023)

T Clarke (March 2023)

T Clarke (January 2023)

T Clarke (September 2022)

T Clarke - Order book up 24% year-on-year (July 2022)

T Clarke (April 2022)

T Clarke (March 2022)

T Clarke (September 2021)

T Clarke - Electrical contractor with buoyant order book on low PE (June 2021)

T Clarke - "Activity remains at a high level" (September 2002)

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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