Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on CLIPPER LOGISTICS PLC. We currently have 7 research reports from 1 professional analysts.
|13Apr17 09:52||RNS||Exercise of Options|
|10Apr17 08:50||RNS||Holding(s) in Company|
|05Apr17 14:17||RNS||Holding(s) in Company|
|30Mar17 07:00||RNS||Capital Markets Event|
|29Mar17 16:13||RNS||Directorate Change|
|02Feb17 07:00||RNS||Clipper signs new Contract with BAT|
|31Jan17 15:27||RNS||Director/PDMR Shareholding|
Frequency of research reports
Research reports on
CLIPPER LOGISTICS PLC
CLIPPER LOGISTICS PLC
N+1 Singer - Morning Song 02-02-2017
02 Feb 17
Avon Rubber (AVON LN) Q1 in line with expectations | Clipper Logistics (CLG LN) Contract win supplements organic growth | IDOX (IDOX LN) Completion of 6PM acquisition | Summit Therapeutics (SUMM LN) Phase III ridinilazole programme anticipated to commence in H1 2018
N+1 Singer - Clipper Logistics - Expecting material contract wins in Cal. ‘17
02 Dec 16
Clipper delivered a solid set of interim results yesterday, with significant revenue and profit growth continuing in all divisions. Our initiation note in September identified the Group’s Click and Collect offering and contract win momentum as two future earnings catalysts. Over the Black Friday/Cyber Monday period, Clipper has proven its Click and Collect capabilities and we see potential for a number of significant Click and Collect contract wins in early to mid Cal. ’17. We also increasingly see potential for growth in the European business where the management team has been strengthened with a renewed focus on e-fulfilment. With a number of opportunities already in discussion, we expect contract win momentum to build in the region. We reaffirm our Buy recommendation and upgrade our target price from 370p to 400p, implying an FY’18 P/E rating of 27x.
N+1 Singer - Clipper Logistics - Interims highlight further significant growth
01 Dec 16
As flagged in the H1 trading update in November, trading for the first half of the year was in line with expectations, with further significant growth in revenue (up 16.5%) and PBT (up 25.5%). The outlook statement is positive, with the new business pipeline at a strong level and the Board expecting positive momentum to continue into the second half. Clipper’s share price has performed well since our initiation note in September and is now near our target price of 370p. We will look to review our valuation after the analyst meeting, but we believe the medium term outlook for Clipper is positive, with further contract win potential supported by continued growth in online retail.
N+1 Singer - Morning Song 01-12-2016
01 Dec 16
Blackstone/GSO Loan Financing (BGLF LN) CLO refinancing outlook | Clipper Logistics (CLG LN) Interims highlight further significant growth | Grainger (GRI LN) Final results in line, further progress on PRS investment pipeline | Vernalis (VER LN) AGM statement in line with expectations | WYG (WYG LN) Order book strength underpins FY expectations
N+1 Singer - Clipper Logistics - In line H1 trading update
09 Nov 16
Clipper has issued a brief, but in line trading update this morning, confirming continued growth in revenue, operating profit and net earnings. The Group says it is confident that continued organic growth, coupled with the benefit of new contract wins and the recently announced Click and Collect JV will continue to deliver a strong performance in H2. This is an encouraging update. We continue to believe that the Buy case is compelling, with potential for outperformance of current forecasts. The Click and Collect service is not yet incorporated into our forecasts, but we believe it has potential to provide a significant profit contribution in the next four years. We leave our target price unchanged at 370p (implying an FY’18 P/E multiple of 25x) and remain at Buy.
The tide is turning
20 Apr 17
Any investor worth their salt knows it is impossible to precisely call a bottom in a particular stock. For Gattaca, though, we believe this moment has now passed given the compelling valuation (6.9x EV/EBIT vs 9.8x sector average), attractive 9.8% unlevered cashflow yield and constructive secular trends supporting its specialist markets. Sure, Net Fee Income (NFI) like-for-likes (LFL) have fallen of late, yet equally there are now early indications that organic growth may soon turn positive.
19 Apr 17
We take a look at the supply and demand dynamics of the world’s largest diamonds. Less than 200 very large (>200 carat) gem quality diamonds have ever been found, yet 23 of these have been found in the past three years. This dramatic increase is being driven by a combination of the rapid increase in the number of billionaires and hence price and demand, combined with technological developments that have improved large diamond recovery and a certain amount of geological good luck.
19 Apr 17
Lombard Risk Management* (LRM): Beats demanding growth and profit forecasts (CORP) | Frontier Developments* (FDEV): Steaming ahead (CORP) | Tax Systems* (TAX): Right place, right time (CORP) | Acal (ACL): Stronger H2 and brighter outlook (BUY) | Fenner (FENR): Interim results signal upgrades (BUY) | Minds + Machines* (MMX): US and Europe domain sales (CORP)
Small Cap Breakfast
19 Apr 17
Global Ports Holding—Intention to float on Standard List. International cruise ports operator. Seeking $250m raise including $75m primary offer. Dorcaster—Schedule One Update. Admission now expected 3 May. RTO of Escape Hunt raising £14m at 135p Verditek— Intention to float on AIM. On Admission, the Company's subsidiaries will be involved in advanced solar photovoltaic, filtration and absorption technologies specialising in providing environmental services. Raising £3.5m. Admission in May. Eddie Stobart Logistics— Schedule 1. Admission expected 25 April but capital raising details TBC. ADES International Holding— Intends to join the Standard List in May raising up to $170m plus a vendor sale. Provider of offshore and onshore oil and gas drilling and production services in the Middle East and Africa. Admission expected in May. Tufton Oceanic Assets– Offer extended to 9 May to enable investors to complete further due diligence.