An old metal basher (engineeer) reinventing itself as a high tech company I would say. Rolling P/E of circa 13.

RFID is poised to replace barcodes and magnetic stripes and will be in every product imaginable. By 2007, the worldwide RFID market is projected to be worth up to 2.5bn and 6.5bn by 2012.

"The total value of this market, including systems and service, will rocket from $1.95 billion in 2005 to $26.9 billion in 2015."

http://www.foodproductiondaily.com/news/printNewsBis.asp?id=58176

"A British injection moulding company was grappling with the problem of improving the decoration on mobile phones. Motorola wanted its silver logo on the units, but when Carclo tried to print them using inkjet, the metallic particles were too big to flow freely through the printhead.

In overcoming this, Carclo came up with a way of printing pure metal at two metres per second. And by switching copper for silver, developed the means to print RFID (see panel) antenna inline at label and packaging production speeds.

It was a completely accidental, but very timely discovery. The last 12 months have been packed with milestones in the development of RFID, the new generation of barcodes that many people see as the merging of printing and electronics. By 2007, the worldwide RFID market is projected to be worth up to 2.5bn and 6.5bn by 2012.

It is revolutionising logistics and in packaging and converting has trickled down to single-case use. Forecasts are that by 2012, 57% of all labels will be RFID enabled.

http://www.dotprint.com/fpack/rfid_04.htm

Brewin Dolphin Securities 24-02-05

'05 pre-tax: 2.80M eps: 5.48 div: 1.30
'06 pre-tax: 3.90M eps: 6.11 div: 1.50

We certainly have had a break out today aswell.

I hope to find up to date Broker forecasts.

Please DYOR.

cheers GF.

Nice little move up today

I have a small stake

Baza

Moving up again, not much but its better than down.

cheers GF.

Just a snippet taken from last months end of year results.....................

The development of water soluble capsules for drug delivery is ongoing with our
partner, Stanelco plc. We are concentrating on increasing the starch content of
the capsules to allow us both to reduce cost and, more importantly, to
facilitate the process of regulatory approval. We are in the process of
presenting the capsule technology to a number of drug development companiesends.

Sounds like we could get some news out fairly soon.

cheers GF

Recent speculation about a bid for the whole firm. A little birdy tells me the big boys from Europe are giving the company the once over.

Hi Gf
Been on my watchlist for a while
not bought as yet but agree looks
interesting, and the sp is on the move.
I think you have found another winner
all the best
HUSTLER

Cheers Hustler.

Its a case of when, the boys from Carclo say?

cheers GF..

Point taken Gf.
Think i will have to come on board soon,
in the morning perhaps, if the sp goes up.
Wishing well
HUSTLER

a million shares (buy) just went through right on the bell ?

Baza

Yup Baza big stock building over the last 2 weeks, looks like we could have a bid here although I would prefer Carclo to remain as it is.

People still look upon it as an old metal basher which just isnt true. It forward P/E of 14 is way too cheap. Im adding by the day.

cheers GF.

PS, please take a look at its site to see the new tech products, UNBELEIVABLE.

cheers GF.

Hi Gf
I'm still not a player yet but
had a good look today and must say impressed,
feel tomorrow will join you
market being willing, you are
on a winner
regards
HUSTLER

A nice tick up on low volumes. I have also been adding.

I know someone who is very senior in the company that regulates the bar codes - I thought you might like to read his response.

"The market for RFID is growing fast - but not as fast as their statement indicates.

The Grocery sector reckons it will 2010 to 2012 before bar codes are replaced on consumer items.

The cost of barcoding a loaf of bread or a tin of beans is miniscule whereas a RFID tag still costs min 20p (each), which would increase the cost of a loaf of bread by a third. The industry is looking to get tag prices down to 5 cents but that would still rule its use out for small low cost items.

The grocery sector is concentrating on tagging cases (the boxes that contain the n loaves of bread or 20 packets of shredded wheat) and pallets to improve tracking, shrinkage and speed in the movement of goods from manufacturer to the back of the store.

Obviously the more expensive the item (e.g. consumer electronics, white goods, DVD's) the better the ROI for tagging.
But there is still very little implementation of RFID by major retailers. At point of sale Tesco has piloted RFID on DVD's, Razor blades & electrical goods - but has now put back all further roll-outs (including back of store) until the technology, standards and regulations are properly in place.

I don't think any company in RFID is making loads of money yet - but it's keeping us busy!"

Baza

Top notch info Baza. Im sure were on a winner here. A big one at that.

cheers GF.

Finished the day nicely up. Lets hope for more to come.

cheers GF.

Moving up on modest buy volume this morning.

cheers GF.

Mentioned as a stock ready to take off in Shares Mag yesterday

Concluded that despite the recent rise the share price is inexpensive

capa

Punted in shares mag again this week, they seem to have i hopes of this share, i need to take a better look.

It still looks like a winner Kivver.
unfortunatly not in myself as yet Should have been a couple of
weeks ago, but i feel it's not to late.
Regards
HUSTLER

Get in guys before its too late.

cheers GF.

I am a bit late GF i know.
Looking at to much elsewere,
lots of others looking to undervalued as well
will have to make a move soon i know.
But this one is very high on my list.
all the best
HUSTLER

Carclo plc
28 July 2005




28 July 2005

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF
AMERICA, AUSTRALIA, CANADA OR JAPAN

Acquisition and Placing

Acquisition of additional 20% interest in Conductive Inkjet Technology Limited
and 3.1 million Placing

The Board of Carclo plc ('Carclo') is pleased to announce today that it has
entered into an agreement to increase its equity investment in Conductive Inkjet
Technology Limited ('CIT') from 50% to 70%.

In our recently published Report and Accounts for the year ended 31 March 2005,
we reported excellent progress with the conductive inkjet technology process,
which uses digital inkjet technology to print pure copper directly onto plastic
and non-porous surfaces for use in a wide range of printed electronics
applications. The pace of development of this technology and interest from
potential customers has continued to grow throughout 2005 and the products under
development are approaching commercial application.

CIT has been developed as a joint venture company owned equally by Carclo and
its partner, Xennia Technology Limited ('Xennia'). Both partners now recognise
that CIT has entered a critical period in its development and it is desirable
for one partner to increase its level of investment and exercise control in
order to exploit more effectively the significant commercial potential of the
conductive inkjet technology process.

The key initial application of the conductive inkjet technology process is to
manufacture antennae designed for Radio Frequency Identification ('RFID')
applications. The RFID market is expected to grow rapidly over the next few
years as major retailers apply the technology to streamline their logistics
operations. A key barrier to the growth of RFID has been the cost of RFID tags.
CIT's proprietary technology offers a potential breakthrough in the cost of
manufacturing tags. A demonstration line is nearing completion and has attracted
significant interest from major international players in this market. RFID is
only one of a rich array of applications for the conductive inkjet technology
process.

Carclo has reached agreement with Xennia to acquire an additional 20% of CIT's
equity for 1.6 million. This will increase Carclo's shareholding in CIT to 70%.
A new shareholders' agreement will be executed confirming Carclo's management
control of CIT. As a consequence of this new agreement, the terms of licences
which will be granted to Carclo in the field of technical plastics and to Xennia
in the field of decorative applications of the technology will be formalised.
Xennia has been granted a warrant to subscribe for an additional 10% of CIT
equity which will be exercisable at a subscription price equivalent to 1.0
million if CIT is listed or sold before 31 March 2007.

The 1.6 million consideration is being satisfied by a vendor placing by
Dresdner Kleinwort Wasserstein Securities Limited ('DrKW') of 1,975,309 new
ordinary shares of Carclo with institutional investors at a price of 81 pence
per share ('the Placing Price'). In addition a further 1.5 million is being
raised by Carclo, using the authority available to it under Section 89 of the
Companies Act 1985, by the issue to institutions of 1,851,851 new ordinary
shares at the Placing Price to finance the further development of the CIT
programme. The 3,827,160 new ordinary shares (the 'New Ordinary Shares') issued
represent approximately 7.4% of Carclo's existing issued share capital.

The New Ordinary Shares will be issued fully paid and will rank pari passu in
all respects with the existing ordinary shares and will therefore be entitled to
receive the final dividend of 0.8p payable on 8 September 2005 to shareholders
on the register as at 5 August 2005.

Application will be made to the UK Listing Authority (the 'UKLA') for the New
Ordinary Shares to be admitted to the Official List maintained by the UKLA and
to be admitted to trading by the London Stock Exchange plc on its main market
for listed securities ('Admission'). Admission of the New Ordinary Shares is
expected to take place on 2 August 2005.

The acquisition and the placing of New Ordinary Shares are conditional, inter
alia, upon the placing agreement entered into today between DrKW and the Company
(a) having become unconditional in all respects and not having been terminated
in accordance with its terms prior to Admission, and (b) Admission of the New
Ordinary Shares becoming effective by 2 August 2005, or such later date (not
being later than 31 August 2005) as the Company and DrKW may agree.

At 30 April 2005, CIT had gross assets of 1.3 million and loans due to Carclo
of 1.4million. CIT made a loss of 63,000 in the year ended 30 April 2005 after
capitalising research and development expenditure of 1.1 million.

Trading at Carclo has continued to be satisfactory since the publication of the
Carclo Group's preliminary results statement on 13 June 2005 and the Board
remains confident in the prospects for the current financial year.

- Ends -