Carlo - Returning to Growth

2nd July 2021.

Carclo (LON:CAR) hit a new low of 4p on the 18th of March 2020. ( Lowest buy price 5.1p, additional buys at 11p, 35p) - (I hold a long position).

Having just listened to the presentation, I found the CEO and CFO competent and conservative in their outlook.. They cover FY2021 in detail but were reluctant to elaborate on FY22 numbers. They did mention the 2 new contacts they have won will contribute to FY22 revenues and profits. The impression I got was they expect growth to be significant (>20%) but wanted to underpromise and potentially beat expectations. So my forecast has been upgraded slightly, but my expectations are this is likely to be upgraded as the year develops.

Sales Forecast

Sales forecast 2020 to 2025

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Valuation

The evaluation model suggests 113-160p valuation for year-end 2021, and 2025 upper-end valuation of 570p . See the graph below

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As Alway DYOR, don't trust bloggers and vloggers.

BSV

27th April 2021

Carclo (LON:CAR) hit a new low of 4p on the 18th of March 2020. ( Lowest buy price 5.1p, additional buys at 11p, 35p) - (I hold a long position). With the share price already rising 100%plus in 2021 I expect the best is still yet to come.

Carlo released a trading update, see link https://www.stockopedia.com/sh.....

Overall the second half was better than the first and the tool orders in 2021 suggest further growth to come 2022.

The results look ahead of my expectation hence I updated my model. (information provided below)

Sales Forecast

Sales forecast 2020 to 2025

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Valuation

The evaluation model suggests 100-140p valuation for year-end 2021, and 2025 upper-end valuation of 440p . See the graph below.

72b8d20a97f84deac17d1593740a104c3ee79acb1619512662.png

As always DYOR

25th Aug 2020 - Has Carlo Turned a corner?

Carclo (LON:CAR) hit a new low of 4p on the 18th of March 2020. ( Lowest buy price 5.1p, additional buys at 11p) - (I hold a long position)

Carclo plc, a global manufacturer, principally of fine tolerance injection moulded plastic parts for the medical, electronics, optics, and automotive safety markets.

With…

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