Carclo (#CAR) – Q1 LFL revenue -12%, bank & pension scheme financing agreements
- 2020-08-17 07:26:09
Carclo (CAR), the “fine tolerance injection moulded plastic parts” manufacturer, has announced that “a Notice of General Meeting and the associated Form of Proxy have been sent to shareholders” – but last year’s financial results are still to be published?!...
Previously writing on Carclo (CAR), last week I noted results delayed again; now it’s “hopes” to avoid shares suspension!. Now an “Update on banking position and timing of results”…
Shares in Carclo (CAR) are currently more than 5% higher on the day on the back of “Update and timing of results announcement” news. However, the current 13.5p share price compares to 20.5p when I cautioned earlier this month (and around 140p when I first warned here)…
Previously writing on Carclo (CAR) I noted a mess at this company was further evidenced with that a 19th February-announced Interim Chief Operating Officer who Executive Chairman Mark Rollins described as having “experience… extremely well matched to the immediate needs of Carclo and I am convinced he will successfully lead the group's operations in making sustained improvements for the benefit of customers, employees and shareholders alike”, became “the recently appointed interim COO role quickly being eliminated in order to provide greater clarity and swifter decision making”! Now another “Directorate Change” announcement…
Previously writing on Carclo (CAR), in April I retained caution on the back of a “Year-End Trading Update”. Now a “Change of results announcement date” announcement. Rarely good news…
Previously writing on “manufacturer of fine tolerance injection moulded plastic parts mainly for the medical, automotive lighting and optics markets” Carclo (CAR), I concluded in January, with the shares then down to 55p, that the current result is a mess – and hopefully my prior caution was heeded. Still an avoid / sell. Now a “Year-End Trading Update” – and the shares currently down to around 20p!...
Previously writing on Carclo (CAR), I noted last summer as the shares headed down towards 90p that I’d want to see at least some consistent financial delivery before having confidence here. Today a “Trading Statement” – and shares in this fine-tolerance, injection-moulded plastic parts manufacturer currently down more than 30% on the back of it, at 55p!...
Writing on plastic components and LED-based lighting systems manufacturing company Carclo (CAR) last month, I cautioned as the shares responded to a takeover proposal by rising back above 100p. Presently, the shares are more than 20% lower on the day, heading towards 90p…
Plastic components and LED-based lighting systems manufacturing company Carclo (CAR) has hit back following a “Non-Binding Proposal for Carclo plc” announcement from Consort Medical (CSRT)…








