Home » Posts tagged 'carclo'

Tag Archives: carclo

Brand CEO Alan Green talks Seaford Head, Patisserie Holdings (CAKE), Carclo (CAR) and Tertiary Minerals (TYM) on the Vox Markets podcast

Brand Communications CEO Alan Green discusses the heat, Seaford Head, Patisserie Holdings #CAKE, Carclo #CAR and Tertiary Minerals #TYM with Justin Waite on the Vox Markets podcast. The interview starts at 14 minutes in.

Buy Carclo (CAR) says VectorVest – This plastics manufacturer offers a quality and enduring investment opportunity

Ossett-based Carclo Plc (CAR.L), together with its subsidiaries, designs and manufactures technical plastic products. The company operates in two segments, Technical Plastics and Precision Products. The Technical Plastics segment engages in the designing and manufacturing of close tolerance plastic components for the automotive, medical-optical and teletronics industries. The Precision Products segment provides designing and manufacturing of a range of lighting and control systems for the automotive and aerospace industries. The company also offers applied research into the digital printing of conductive metals onto plastic substrates. The company operates primarily in the UK, North America, the Czech Republic, and the People’s Republic of China.

FREE! For free VectorVest analysis on any stock, go to this link here

On June 6th, CAR published FY year results for the year ended 31 March 2017. FY PBT more than doubled to £10.5m (2016: £3.9m) on revenues 16.2% higher at £138.3m. Underlying operating margin increased by 60bps from 8.4% to 9.0%, while EPS rose to 11.5 pence (2016: 3.3 pence). CAR reported a strong order book and momentum into the new financial year, prompting upbeat comments from Chairman Michael Derbyshire: “Having exited the year with record order intake and pipeline, we remain on course to deliver strong improvements in returns over the coming years to our shareholders.”

This exceptionally strong improvement in numbers had already been flagged up by the VectorVest stock screening system as far back as the January trading update. Flags from the system include the VST -Vector master indicator that ranks every stock in the VectorVest database. The VST metric logs CAR at 1.25, which is excellent on a scale of 0.00 to 2.00. Also the VectorVest GRT (Earnings Growth Rate), which reflects one to three year forecasted earnings growth in percent per year, currently shows forecasted GRT for CAR of 21.00%, which again VectorVest considers to be excellent. In terms of valuation, VectorVest logs a current rating of 212p per share, indicating CAR is currently undervalued at its current 167p.


The chart of CAR.L is shown above using a weekly candlestick format. As always the green line study above the price charts the VectorVest calculated valuation of the share while the blue line study is the earnings per share (EPS). The share has been consolidating within a five wave ascending triangular formation for the last three years. In this time EPS has grown significantly. The share is on a VectorVest Buy signal and is nearing a breakout of the ascending triangle for the fourth time. Markets normally break on the fourth attempt and with the improved fundamentals a breakout looks highly probable. The technical target from the breakout would be around 240p.

Summary: Regular readers of my articles will note that I am a fan of companies such as Carclo that manufacture a diverse range of fixtures and fittings covering a wide range of industries and applications. Trifast is another similar example discussed here several times previously. Those readers will also note that VectorVest metrics flagged the opportunity at CAR long before the spike higher in the share price that has taken place over the past few weeks. This diversity and impressive growth in cash generation marks out CAR as a quality and enduring investment opportunity, despite the recent share price movement. Buy.

Dr David Paul

June 21st 2017

Readers can examine trading opportunities on CAR and a host of other similar stocks for a single payment of £5.95. This gives access to the VectorVest Risk Free 5-week trial, where members enjoy unlimited access to VectorVest UK & U.S., plus VectorVest University for on-demand strategies and training. Link here to view.

FREE! For free VectorVest analysis on any stock, go to this link here

VectorVest Unisearch

On VectorVest a simple search using the Unisearch tool will quickly find shares that are undervalued with good fundamentals that have just issued a Buy recommendation. This will give the active trader a short list of many high probability trading opportunities each week. Traders now have the opportunity to spend five weeks discovering VectorVest’s unique simplicity, automation and independent guidance. Just £5.95 buys a 5 week trial to enable deep exploration, or how the system can assist in smarter trading in as little as 10 minutes a day. Powerful tools. Proven strategies. Unique Perspectives.

Link here for more info and to set up a trial. 

European Financial Publishing Limited T/A VectorVest UK (VectorVest) is authorised and regulated by the Financial Conduct Authority under register number 543038. You should remember that the value of investments and the income derived therefrom may fall as well as rise and you may not get back the amount that you invest. Past performance is not a reliable guide to the future. This material is directed only at persons in the UK and is not an offer or invitation to buy or sell securities. If investors are in any doubt of the suitability of an investment given their individual circumstances, they are recommended to contact an investment manager or independent financial adviser who may be able to provide tailored advice. Opinions expressed whether in general or both on the performance of individual securities and in a wider economic context represent the views of VectorVest at the time of preparation. They are subject to change and should not be interpreted as investment advice. VectorVest and connected companies, clients, directors, employees and other associates, may have a position in any security, or related financial instrument, issued by a company or organisation mentioned on this site. European Financial Publishing Limited is a company incorporated in Scotland under Company Number SC357322 with its registered address at Exchange Tower, 19 Canning Street, Edinburgh EH3 8EH. Email: support@VectorVest.com
I would like to receive Brand Communications updates and news...
Free Stock Updates & News
I agree to have my personal information transfered to MailChimp ( more information )
Join over 3.000 visitors who are receiving our newsletter and learn how to optimize your blog for search engines, find free traffic, and monetize your website.
We hate spam. Your email address will not be sold or shared with anyone else.