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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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T Clarke

September 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.

  • Epic Code:
  • CTO
  • Price:
  • 162p
The transformation of electrical contractor, T Clarke into a genuine growth stock goes on. Revenues for the half year to end June exceeded £200m for the first time, representing 49% growth.London grew sales from £73m to £125m with operating profit soaring from £1m to £5.8m thanks to major data centre projects while engineering services saw high profile work on commercial and hotel developments. Impressively, operating margins grew from 1.4% to 4.6% with broker Cenkos noting Clarke has a higher proportion of directly employed labour than any of its peers and  is only subject to one pay settlement per year, which avoids the risk of cost spikes when using third party contractors.  UK South posted profits of £1.2m with operating ...

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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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