We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
really ! and you "gathered " some money and put it in Velocys why ? stick to blue chips or at least do some research
It should go without saying, know the Business and or Business sector. Some sectors have different cycles and some are much more volatile. The construction industry is littered with failures and the occasional Star. It remains to be seen whether or not a Shareholder Group here will hold the Directors and Execs to account. That could be a lengthy and torchous time. It would be reasonable to think, with the declared Trustee holdings, that the likes of HL would be leading the way.
I lost £15.6k
There is a corollation between the recommending of these risky stocks and the retail investment houses after all they have to move stock to make any money . The small investor puts a lot of trust in these houses as they are supposed to be the experts,I have never asked advice or employed any of them to buy stock only trusting my own judgement . I have made a lot of profits from construction related companies over 40 years but that as been through knowledge of the industry and it is a precarious step to go in without that knowledge as many experts will now have learned.
How much did you lose?
All my savings were lost in this dog, I blame myself , but no need for all the rudeness by some people, I’ve decided to delete the justgiving page and have gathered some money to invest in velocys plc, hopefully should make my money back in there, GLA to everyone with whatever investment decision you make.
Recently the BOD changed the rules to say bonuses must be paid to them - EVEN if the company went BUST. IS THIS LEGAL???
I posted the article as it comments on why private investors invested in Carillion, among other things (not just the percentage held). I am surprised that Hargreaves Lansdown Asset Management held the biggest stake, which then continued to grow.
I don't think Nucky sounds bitter. Just upset which is understandable.
There's an interesting article in the Times today regarding private investors & Carillion. It also states the percentage held. Due to the lack of formatting, I've indicated new paragraphs with "//" CARILLION COLLAPSE// Retail investors count the cost of optimism// Callum Jones// January 17 2018, 12:01am, The Times// Optimistic private investors were badly burnt when Carillion collapsed on Monday morning, with retail platforms holding three of the four largest stakes in the contractor.// Stockbrokers described how, as the company’s shares fell by 93 per cent in the wake of series of profit warnings, retail investors bought shares in the hope that they would bounce back.// Hargreaves Lansdown Asset Management had the biggest stake, with a 13 per cent position in November that continued to grow. Retail investors also held 6.4 per cent through the Barclays Smart Investor service and 5.5 per cent of Carillion shares through the Halifax Share Dealing platform.// Laith Khalaf, a senior analyst at Hargreaves Lansdown, said that it was possible for shareholders to “learn lessons from any situation like this”, and added: “What we don’t know is how many retail investors are affected across the board. This is quite an unusual case, in that companies encountering difficulties don’t always end up in liquidation.// “There were some investors who look to invest a portion of their portfolio into turnaround situations like Carillion, where there is potential for significant upward movement in the share price if they resolve their problems. There is obviously a risk here.”// For some time Carillion was the most-shorted stock on the FTSE 100. To short a company, investors borrow shares and sell them, hoping to buy them back for less, return them to the lender and keep the difference.// Ahead of the first of three profit warnings last July, more than 25 per cent of Carillion’s issued share capital was out on loan.// When the music stopped this week, Standard Life Investments was Carillion’s largest institutional shareholder, with a 5 per cent stake. On Friday evening, when trading ceased, Kiltearn Partners held 4.9 per cent and Majedie Asset Management had 3.5 per cent.
nucky you sound bitter mate,just because i got out of carillion,i made right decision and pfc is good company and has not been charged,hence the good value here to get in with sp going down over 50% now ticking up nicely.
good that you've made youre money back. I'm sure some of the people that lost money here trusted the fact they were putting their cash into a British company with 200 years of history behind it instead of some middle eastern outfit being investigated by authorities.
all getting a bit silly now
Agree with Snige this would have been a difficult call for someone without knowledge of the industry or experience of dealing directly with Clln. Given the backdrop of Interserve who on face have similar problems and who's share price has doubled in recent weeks, likewise Balfour's who have over the last few years seen a steady recovery I could see the attraction and why people felt there was an opportunity. The damage caused by a relatively small number of greedy senior executives is truely shocking. Hopefully no one on here has suffered any lasting damage.
Worth also checking if a co has convertible bonds..pmo is an example of a co with a high % shorts but used to cover cov bond equity risk (see recent pmo rns)
snige fair enough. I still believe the level of shorters should raise concerns and an investor would be wise to look into a Company's background closely. Insofar has Morrisons, there has been a fantastic turnaround, probably because the change of CEO had a new vision which has worked. Added to which the Morrison Family were prepared to take control, which no doubt spurred Execs on from their lethargic ways. I guess the same is now true of Ocado, more because a Knight in White Armour has appeared. Don't think the same will be true of Debenham, they are in an Old Retailing Model and have not modernised.
who ???
why bother posting on here now it's dead....over ...finished won't be getting ye money back...i lost 4k but got got at 52p or would of lost 15k all recovered now thanks to glencore and pfc.
Heres...........I saw a side of his character which too many is unbalanced. After one of his tirades I posted my view which basically said he has some kind of psychosis, a mania of self-importance and no way had he held a position involving inter-personal skills. In short he is dangerous. Oh he did not like that more because another member congratulated me for saying so, and got the post removed. Regret to say this character is capable of creating serious harm to others. Just hope the powers that be here have taken note of his behaviour.
Jam....that was the 3 musketeers in the one clip
In japan a sword is used. Here a big payout....
FD,hedge fund ringing alarm bells? During the summer they were shorting Morrisons at 17% but it didn't deter me a bit.The only thing that i couldn't figure out was why they were there.It has fallen to 10% now. I wouldn't ignore a company just because it has high levels of shorters.The hope with Carillion was the chance of a short's squeeze but with hind sight from their position at 200p plus it was never going to happen and on this occassion they new the full story.Water under the bridge.
what a shitshow this turned out to be. Luckily didn't lose much. Condolences to those that did and best luck to those employed by this dog. Peace.
Hahahahahahhahaha fokin ******* myself here hahahahahaha !!! There is also the other character... im considerably richer than yoawwwww
Hahaha i need to change my name to jawbone lol !! Yes hereshopin i thank you for that as well, we dont agree on everthing but the world would be boring if we all did, i wish all genuine people good luck in all there investments