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an emergency rights issue?

that is what we are seeing.

Thanks for your post. My heart says PF may be taken over by a ''fellow company'' like Thorntons has been taken by Ferrero. My head tells me PF will probably go eventually to a private equity outfit who will strip down the assets.

Congratulations if you hold any of these shares!!! Can remember these were 10p a few years ago!!!

like a rights issue?

will we have a rights issue?

if those who matter felt they were going to perform well in the short/med term, than they would not have fallen so much in the first place. In these situations the SP does in fact go up, in order to ''draw in the mugs''

how much below £1 this one goes will depend on perforamance and results. These factors are finite.

mugs

to draw in the muga!!!

Thanks for your post. I feel after the ex rights date the SP will start to head south. It may be affected by the election, but even then it was still going down. I see sub £1 by the autumn.

ie 2p pre consolidation.

This is exactly what I would have done if I held Serco shares. I may be proven wrong, but I will eat my head if Serco do not fall below £1 at some stage!!!

you are your own man/woman!!! None can tell you what to do or even advise you. However, anybody can tell you what they would in your situation. Some people say take up your rights, as Serco will never drop below £1. Some say it will drop a lot lower, meaning you will at some stage be able to pick up Serco shares at below £1. The true answer may lie somewhere inbetween. Yes Serco may drop below £1, but so what if they trade at 99p, it may only be for one day!!!

''here we come''

I answered your question. Shares don't always fall in ''freefall'' mode so today may just be a day when they rise. However, Serco will continue to fall medium term.

Because the company is going to continue to loose money and there is no medium term reasons to suggest it will make big profits.

You said £1.50 so what are you waiting for? Hang on wait on a few more weeks and we are looking at under £1!!!

nothing is cast in stone. However, this one will go close to £1 when the rights issue takeup expires. From then onwards, we have the same company with lots more shares in circulation.

below £1? of course they will. They have already traded at £1.45 pre rights issue. Since then things haven't improved much in terms of outlook. Therefore I fully expect the SP to be alot lower than £1.