Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksClarkson Share News (CKN)

Share Price Information for Clarkson (CKN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 4,140.00
Bid: 4,125.00
Ask: 4,150.00
Change: -105.00 (-2.47%)
Spread: 25.00 (0.606%)
Open: 4,300.00
High: 4,300.00
Low: 4,125.00
Prev. Close: 4,245.00
CKN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sunday share tips: Clarkson, Inspecs

Sun, 14th Aug 2022 17:36

(Sharecast News) - The Financial Mail on Sunday's Midas column recommended investors book some profits on Clarkson following the shares' nearly ten-fold rise under the stewardship of chief executive officer Andi Case.

"Investors may choose to take comfort from past performance and stick with the shares," Midas said.

"But selling a chunk of shares at £36.35 could prove to be a sound decision. Case is a skilful skipper, but choppy seas lie ahead."

The tipster last recommended the shares in February 2021, since when they had climbed by just over a third.

The shipbroker was involved in almost all aspects of the market and had a "strong" record when it came to delivering growth despite challenging market conditions, the tipster said.

And of Case, it noted that he had been "at the helm since 2008 and invested wisely in the business, hiring clever people and ensuring that the group is at the top of its game technologically."

Nonetheless, even if this time around it might be different, traditionally when shipping rates rose, as had been the case recently, shipowners rushed to build new vessels, often just as demand was falling off, pushing rates lower again.

The Sunday Times's Lucy Tobin laid out the case for investors to buy shares of Inspecs following a recent decline in the price.

Above all, she noted the growth prospects for the firm which already sold its glasses in over 80 countries and current investment in expanding its production capacity.

Furthermore, as broker Peel Hunt pointed out, even if not immune to the effects of a recession, eyewear was resilient.

After all, a broken set of glasses had to be replaced.

Chief executive officer, Robin Totterman, had also shown her faith in the business, recently picking up some £100,000-worth of shares, taking his stake to 18.3%.

Aside from investing in new factories, the company was also rolling out a new eco-friendly range of products and had just inked a deal to supply Amazon with its lenses.

There was also the company chairman's, Lord MacLaurin, to contend with, who had helped make Tesco into the juggernaut that it is today.

More News
14 Feb 2019 09:48

Clarkson appoints William Thomas as chairman

(Sharecast News) - Shipping services company Clarkson named technology industry veteran William Thomas as its next chairman on Thursday, following a thorough and independent search process

Read more
14 Feb 2019 09:11

Clarkson Names Spirent Chair William Thomas As Chair To Board

LONDON (Alliance News) - Shipping services provider Clarkson PLC on Thursday appointed William Thomas as chair of the company with immediate effect.Thomas is currently the chair of Spirent

Read more
12 Feb 2019 10:35

WINNERS & LOSERS SUMMARY: TUI Warning Drags Down IAG And easyJet

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - down 3.8%. The Anglo-German travel operator

Read more
8 Jan 2019 07:46

Clarkson Expects 2018 Trading Performance In Line With Expectations

LONDON (Alliance News) - FTSE 250-listed shipping services company Clarkson PLC said Tuesday its 2018 results are expected to be in line with expectations.In 2017, Clarkson reported a of on

Read more
23 Aug 2018 17:21

DIRECTOR DEALINGS SUMMARY: Clarkson Broker Head Sells Shares

LONDON (Alliance News) - The following is a summary of director dealings reported in London on Thursday.----------FTSE 250-listed shipping firm Clarkson said President of & a

Read more
23 Aug 2018 17:06

DIRECTOR DEALINGS: Clarkson Broker Head Sells GBP2 Million In Shares

LONDON (Alliance News) - FTSE 250-listed shipping firm Clarkson PLC said President of Brokerage & Investment Banking Peter Anker and a person connected to him sold 72,941 shares at a price of

Read more
17 Aug 2018 14:22

Friday broker round-up

(Sharecast News) - esure: Barclays upgrades to equal weight with a target price of 280p.

Read more
13 Aug 2018 17:05

LONDON MARKET CLOSE: Lira Sees Stocks Exposed To Emerging Markets Fall

LONDON (Alliance News) - Worries over a crisis in Turkey with the lira slumping to record lows saw stocks in London end in the red on Monday, though easing off their worst lows of the appears that by

Read more
13 Aug 2018 14:08

Liberum upgrades Clarkson to 'buy' after results

(Sharecast News) - Liberum upgraded shipping services company Clarkson to 'buy' from 'hold' on Monday as it said its confidence in the short-term outlook has improved following in-line interim results and signs of firmer current trading.

Read more
13 Aug 2018 13:25

Monday broker round-up

(Sharecast News) - Clarkson: Liberum upgrades to buy with a target price of 3,200p.

Read more
13 Aug 2018 12:02

LONDON MARKET MIDDAY: Mondi, Mediclinic, Ashmore Suffer From Lira Woes

LONDON (Alliance News) - Stocks in London slumped at the start of the week, with emerging markets-exposed shares the hardest hit following a tumble in the Turkish lira.Shares in companies such as at

Read more
13 Aug 2018 10:31

WINNERS & LOSERS SUMMARY: Chemring Says Fatal Accident To Hurt Profit

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - WINNERS----------BAE up 0.8%. a

Read more
13 Aug 2018 08:47

LONDON MARKET OPEN: Stocks Open Lower As Turkish Meltdown Fears Mount

LONDON (Alliance News) - Stocks in London opened lower on Monday as investors fretted about trade tariffs and the plunging Turkish lira, which touched a new record low in early trade. The FTSE 100 or

Read more
13 Aug 2018 07:54

TOP NEWS: Clarkson Earnings Hit By Challenging Market But Lifts Payout

LONDON (Alliance News) - FTSE 250-listed Clarkson PLC said Monday its interim earnings suffered from challenging trading conditions but it remains confident heading into the second half of the the

Read more
13 Aug 2018 07:46

LONDON MARKET PRE-OPEN: Chemring Warns On Profit After Fatal Accident

LONDON (Alliance News) - Stocks in London are seen opening lower on Monday as trade tariffs and the plunging Turkish lira upset Asian markets. IG futures indicate the FTSE 100 index is to open 32.11

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.