Updates

T Clarke - Order book up 24% year-on-year

July 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’ firm up-trend remains intact, helped by a positive AGM suggesting it “might even be ahead of the revenue curve” according to broker Cenkos in its quest to achieve £500m revenues and 3% operating margin by FY’23.Its AGM update revealed its forward order had increased again from £534m in March to £585m, which represents 24% growth from the same period a year ago. That growth is being driven mainly by data centres, which are expected to account for one third of group business by the year end. Half year results will be released 14 July. As Cenkos says, the shares can be bought on a FY’23 PE of 6.5, 3.2% dividend yield and with net cash expected to reach 13% of its market cap by the end of next year. I ...

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TClarke (June 2024)

TClarke (May 2024)

TClarke (September 2023)

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 (April 2022)

T Clarke (March 2022)

T Clarke (January 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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