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.

Happening on thursday.

Cheers Gf.

Looks cheap at the present price. Think I will have a few more, looks like previous selling bout is over.

cheers GF.

'Carclo PLC (CAR) said first-half pretax profit was 773,000 stg compared to 2.19 mln stg a year earlier.
For the six months to Sept 30, sales were 45.2 mln stg against 54.3 mln stg last year and the plastics and wire products company will pay an unchanged interim dividend of 0.4p per share.
Looking ahead, the company said that it continues to see difficult and uncertain markets in automotive components, both in the UK and the USA and will manage its cost base and capacity according to demand.'