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Clarke Inc T.CKI

Sector: Financial Services | Sub-Sector: Asset Management
Alternate Symbol(s):  T.CKI.DB | CLKFF

Clarke Inc is an investment holding company with investments in a diversified group of businesses, operating primarily in Canada.
Price: $9.54 | Change: +$0.08 | %Change: +0.85%
Volume: 21,951 | Day High/Low: 9.67/9.46 | 52 Week High/Low: 12.24/7.56
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0 stars

RE:RE:RE:RE:RE:RE:RE:RE:What's Next?

Anyone tender their shares?  rate and reply
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RE:RE:RE:RE:RE:RE:RE:What's Next?

REading my tender package today and I can't say I am an expert in these things.  But it looks like the small shareholders (we) are offered the same price as the internal tender with Geosam, etc. more
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RE:RE:RE:RE:RE:RE:What's Next?

I agree, $9.50 is a low-ball offer, but it's a price that makes good use of CKI's existing cash (assuming the sellers are there) and there are obviously owners of this stock that think it's more
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RE:RE:RE:RE:RE:What's Next?

I'm not sure if they are serious about closing the gap. $9.50 is a lowball offer. I'd be shocked if they pick up a substantial number of shares. They put a floor under the share price - that's more
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RE:RE:RE:RE:What's Next?

I like the tender offer - it shows that they continue to be serious about closing the discount to book.  At some point either the price to book gap will be closed or they'll take Clarke private; more
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RE:RE:RE:What's Next?

The normal course issuer bid announcement makes it pretty clear; hard to argue with almost half the market cap in cash and the discounted book value.  Would be over 10% of the company.  Not doing more
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RE:RE:What's Next?

NAV is still around $12.60, so lots of value to be generated by buying back shares. Wonder if instead they are eyeing a new acquisition - they have done buys in the energy patch before (SGL, more
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RE:What's Next?

The last NCIB got approved in May 2014.  It runs for a year, but they already exhausted the annual limit. We won't see any TSX buy backs in the next 4 months. They have another NCIB approved on more
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What's Next?

Looks like they've stopped buying back. Wonder how long they'll sit on all that cash for. There's also less in the way of dividends coming in without SXP around.  If the share price does nothing more
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Late Bypass trade

Anyone no what these are?  2 days running there have been very small trades, either at the bell or "by-Pass" that have reset the closing price by some 3 or 4% amounts of the trading all day.  rate and reply
1 star

RE:RE:SXP Sale @ $2.70

Nice move. Very volatile price movements. But great value here.  rate and reply
0 stars

RE:SXP Sale @ $2.70

They sold their entire position: Average price is $2.905. It's posted on SEDI.  rate and reply
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SXP Sale @ $2.70

2,000,000 of the sahres were sold at $2.70. Not sure about more
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RE:NCIB through OTC markets...not TSX, day before Supremex sale

They can do block trades on TSX in excess of 5,400 shares/day.  Daily limit is not a problem. TSX NCIB is subject to the annual limit of 1,025,946 shares. I'm not sure how close they are more
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NCIB through OTC markets...not TSX, day before Supremex sale

Clarke Inc. Announces Normal Course Issuer Bid    Halifax, Nova Scotia – November 19, 2014 – Clarke Inc. (“Clarke” or the “Company”) (TSX: CKI) today  announced that its Board of Directors more
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RE:RE:RE:RE:At 10,30$...the market don't count 57 millions$ stocks

Looks like CKI just doubled their cash position and removed Supremex from their portfolio.  It's a little surprising that they were able to sell that position so quickly without an adverse affect more
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RE:RE:RE:At 10,30$...the market don't count 57 millions$ stocks

Indeed, thank you. Too bad NCIB is so small. Plenty of volume last two days. Wonder who the big buyer/seller are.  rate and reply
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RE:RE:At 10,30$...the market don't count 57 millions$ stocks

RickC79 wrote: What do you think Clarke does to take care of the illiquidity and bring share price closer to book. They buy back shares. It's too bad that their daily quota is so small... they can' more
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RE:At 10,30$...the market don't count 57 millions$ stocks

Hey Brothers,  What do you think Clarke does to take care of the illiquidity and bring share price closer to book. Book has not stopped going up but share prices have not been at book since July  rate and reply
0 stars

At 10,30$...the market don't count 57 millions$ stocks

The current marketable securities total 140MM$. Today the market give 83MM$ to have to give 0$ to the HLC stock to have a book value near 10$. Today book value at 13,35$...gain of 0, more