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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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TClarke

June 2024

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.

  • Epic Code:
  • CTO
  • Price:
  • 162.5p
You wait ages for a bid approach and then like London buses three come along at once! No sooner had the ink dried on the DX take-over (gain over write-up price: 161%) than two further bid approaches  materialized for TMI main recommendations, namely TClarke and Lok ‘n Store. TClarke announced receipt of a 160p cash offer plus 4.525p final dividend from Regent Group, a leading supplier of gas and metering services to industrial and commercial customers in the UK. Although a 28% premium to the volume weighted average  price of 125p in the six months prior to the bid, it values T Clarke on a prospective PE of just 6.6x this year’s and 5.9x next year’s earnings and even less if you subtract forecast net cash of £16.6m. Director ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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