image

The best stocks to buy since 1993

Latest issue now available

T Clarke - Record Q4 for sales and no supply chain issues

December 2021

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:
  • 152p
TClarke has said datacentre work continues to balloon. Sales for Q4 21 are at a record high and it has not experienced any material shortages that impact its ability to meet delivery on its projects.Even before entering the new financial year, the forward order book has increased to £525m, of which >£320m is already secured for 2022. It therefore expects sales for 2022 of £410m (£30m ahead of market expectations), of which Technologies (data centre and smart buildings work) is expected to be a third. Cenkos forecasts £8m pretax profit for the year about to end lifting to £11m next year. Corresponding eps is 15.5p and 21.2p. Buy. ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

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

author

LIMITED PERIOD OFFER

SUBSCRIBE TODAY AND SAVE £40 WITH OFFER CODE 40OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe