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The Government taking over the public sector areas like the The prisons, NHS and hospitals etc. Which I don't think anyone can really argue at... we need hospitals, we need prisons etc. Although I don't a agree with it, I'm not going to bad mouth it. However, why were contracts still being issued... despite stating near on £1B debt... Contracts will be picked up by other firms, and will also cause for clear due diligence in future towards contracts and issuing debt. We talk about £1.5B being a big number but in retrospect, it's not... once assets are stripped to pay down debts etc I doubt there will be that large of a short fall... You can argue that the tax payer is paying, but the tax payer pays for everything in this country

To stop more people being sucked in... how on earth could any level headed person who understands the basics of investing be sucked into this... it is only gamblers who will be sucked into the Carillion Casino, and they deserve to be.

I feel sorry for those who lost money on the first profit warning issue. Anyone else who lost money since then (especially the last month) has deserved too. Emotional decision making and poor risk management. This was bound to happen, if not now in a few years; Carillion changed the fundamental structure of the it's business, meaning that it needs more contracts each year to grow... which have forced them to take on risky contracts, one or two don't pay and them boom. It would have happened eventually though... You can't keep growing and growing year on year on year. The only people i feel sorry for here are the honest workers, those with families and children that need to think about getting a new job to pay their mortgage to keep a roof over their children's head, and those with pensions. I really don't approve to Government bail out in any way shape or form but a striping of assets etc I really hope the Pension Fund is covered. Don't feel sorry for the shareholder. The clues were in the financial reports.

Hi Zully, It will most likely be March time (end of year results). Interesting that Investors Chronicle have now sited Safestyle as a sell, furthermore, Anglian Homes are doing up to £3,000 'scrappge scheme', and Everest up to 50% off taking advantage of market conditions of which Safestyle are struggling in. Additionally, £2.2M sold by the CEO, is a fair amount of money to cash in on, especially after profit warning.

Shows good liquidity, but it's an institutions taking the shares (In my eyes). Wouldn't read into it too much, but if others follow with large chunks of sales I'd be concerned. Also, if he sells anymore I would be increasingly sceptical The UK regulator prohibits Director's from trading shares two months prior to annual and interim result announcements, or one month before publishing trading statements. - keep that in mind. Good luck all, stay safe, speak soon.

Steve Birmingham (CEO) has sold 1,400,000 shares... that's a rather large sale of around 1/3 of his holdings... (I am not saying he isn't allowed to sell shares... but given the current circumstances I personally believe this doesn't look great)

Didn't read your previous email... thank you for the info, will email them now.

Additionally, to this, it has been clear for some time that the company was expecting consumer confidence to decline, as they have previously stated a number of times... What I do not understand is why they then carried on with the Share Buy Back... Companies buy back into shares when they perceive themselves to be cheap, or, when they want to manipulate ratios so they're perceived as cheap to investors... However, in SFE case, the sensible option would have been to have retained their cash, instead of buying back shares and wiping them from the market! or, produce a 'special dividend' in which they could then justify lowering the dividend in the future, should market confidence continue to decline, or at least if they expect confidence to decline... To me, it doesn't seem that Management have taken the smartest approach here, time will tell. Like I said, FY results will give a much better picture.

Johnvic - additionally, a lot more new builds coming onto the market, which suggested to me that they would keep this sort of thing in-house (Bovis, David Wilson etc.) Instead of contracting companies like Safestyle to do the work. However, I may be wrong. This could be a trading opportunity from here. However, I noted SFE as a shorting opportunity from Trading Report in September and the buyback in October at around 220.00 - Which has proven right thus far. With management sceptical on a long-term plan, I struggle to see how this could be viewed as a long-term investment, especially considering there has been two profit warnings in the last months. Equally, that is just my opinion - it could turn around, but as far as value investing goes, I wouldn't look at this as a 'safe investment' I would wait out for the FY results and the AGM before buying. Equally, he who dares... Good luck all, stay safe, speak soon.

They're being conservative but how long will market conditions and consumer confidence decline. FY results will be interesting to give a bigger picture. I feel 2018 will be a struggle for SFE. Time will tell. Good luck, stay safe, speak soon.

Difficult times ahead for SFE and shareholders, i can see a lot of people selling out of their positions now with that RNS. "Looking ahead, we expect market conditions to continue to be very challenging in 2018 and, although we aim to further consolidate our position of market leadership, the Board has lowered its expectations of the Group's performance in FY2018. The benefits of our cost saving and efficiency programme will fall mainly in 2018 and as such should help mitigate the impact on profitability of any further fall in market demand. We, therefore, expect only modest growth in earnings over 2017." Difficult to see a long-term view here, with consumer confidence continuing to decline. Dividend is still intact at present, but if confidence doesn't pick up that will soon be dropped/slashed.

I have just logged into my account, and I have noticed this is reported... Name Change and Re-domiciliation Old name: New World Oil and Gas Plc New name: Eridge Capital Limited Effective date: 28th September 2017 Please be informed that New World Oil and Gas Plc has changed its name to Eridge Capital Limited, effective from 28th September 2017. The board is proposing that the company operates as an investment company to both make returns from investments and to identify opportunities that may ultimately lead to a relisting of the company. Approval was also sought for the company to be re-domiciled to the British Virgin Islands as it was deemed more appropriate for the Company at present. Does this mean that if there was to be a new listing, on AIM, any existing shares would still be active? - They are still on my account, I haven't disposed of them (yet they state -100%)? Would appreciate any updates anyone has on this. Thank you.

Anyone else here feel that the 'buyback' was to manipulate a few ratios to make the company look better/cheaper than it actually is? I have scanned the results a few months ago, and am keeping a close eye on it here... Decreased sales, decline consumer confidence and management are nervous/worried about having a 'long-term' plan, or investing capital into the company due to this... will be interesting to see how the next results line up, as to whether dividend will be slashed (cover on dividend looks good at present, but not if sales don't pick up), and if the management comment on a long-term commitment to the company/investments. No position here, just observing.

I saw someone mention this company on Twitter a few weeks ago stating they were going to float on AIM. Had a quick look at their results then and wasn't really impressed. Having another look now to see if I missed anything.... HY Results are bad. Cant even make a profit... Operating costs are way too high (in my opinion) Terrible performance over the last 6 months (which I would expect to happen in the following 6 months). Total Current Liabilities are more than Total Current Assets... Hardly any cash (had to do a placing to keep the lights on) Some good pubs in some good locations, however, not investment material. Good luck if invested here or are looking to invest, I would wait for a turnaround before I add any capital here. Good luck, stay safe, speak soon.

I just found this video on market open (back in August) - Thought I'd share it with everyone - https://www.brrmedia.co.uk/broadcasts/5989a0756fd3a407276f68df/strix-group-plc-market-open

Slow but steady movement here. Nice to see the SP rising my small % each day and staying under the radar.

Nice info Hamcutlet! Some huge buys coming through... perhaps it is the coverage today in Investors Chronicle.... I was late to the party, only noticed it two weeks ago! would've loved to be in AUG for the dividend. Either way, added to my position - using this as a regular investment via my account. great position to be in and under the radar here! Need to diversify out a bit and this looks to be a good company. Good luck all, stay safe, speak soon.

Anyone here interested in being part of a longer-term group chat on T-witter? - May be useful to share research resources etc. Appreciate sometimes these can be useful, other times may be toxic... would be good to hear other peoples opinions. Stay safe, speak soon.

They did say that there are opportunities available in and around Argentina, probably makes sense for the placing. Directors buying in in the 6-weeks before it can be announced...

If there was a 2.5M buy, surely that means somebody is trying to unload? otherwise I can't see why a 200k buy would go through? I think this is a good buy from around here. Assets are good, management seem proactive. CEO has a 30% holding, so will want to see profits. May take some time, but will come good in a year or two.