The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Hopefully Easyjet will release some positive forecasts and good news following the pent up demand and reduced restrictions ,following years of Covid lockdown, sending the share price back towards pre covid levels .GLA DYOR
The share price should bounce back up quickly, Avon`s products will soon be in big demand under current circumstances, could be a time to add ? GLA DYOR
Finally moving back to a logical valuation especially in these worrying and upsetting times , once the £12.50 resistance has been broken we should see a strong upward trend GLA DYOR
Starting to move up again. GLA DYOR
Cannot see these low levels staying around for much longer this share price is set to bounce from this tightly coiled spring time to add?
GLA DYOR
Cannot see this staying at these low levels for much longer, this is coiled to bounce up good luck. DYOR
Oversold on Friday, despite press release heading back to £15 plus , this situation appears to be a good buying opportunity . DYOR GL
Me too , I have lost handsomely today, not sure what to do next, , stick buy or sell Interserve share holdings or look at other shares .. gla
Details of the person discharging managerial responsibilities / person closely associated Name Debbie White Reason for the notification Position/status Group Chief Executive Initial notification /Amendment Initial notification Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Name Interserve Plc LEI 549300MVYY4EZCRFHZ09 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted Description of the financial instrument, type of instrument Identification code Ordinary shares of 10 pence each GB0001528156 Nature of the transaction Acquisition of shares Price(s) and volume(s) Price(s) Volume(s) �1.058972 56,364 Aggregated information - Aggregated volume - Price 56,364 �1.058972 Date of the transaction 30 April 2018 Place of the transaction London Stock Exchange (XLON) Looking even cheaper now. gla dyor
Final Results Released : 30/04/2018 07:00 RNS Number : 4704M Interserve PLC 30 April 2018 News Release 30 April 2018 Creating a platform for future growth Annual Results 2017 Interserve, the international support services and construction group, reports on a difficult year for the Group, with its annual results for the year ended 31 December 2017. 2017 2016� Revenue �3,250.8m �3,244.6m Total operating profit� �74.9m �155.0m Profit / (loss) before tax (�244.4m) (�94.1m) Headline earnings per share2 29.0p 84.5p Net debt (�502.6m) (�274.4m) Highlights � Full debt refinancing secured with committed borrowing facilities of �834 million, through to 2021 � 2017 trading and Energy from Waste (EfW) contract performance consistent with October update � Revenue stable at �3.25 billion, while operating profit was adversely impacted by poor performance in Support Services and Construction with continued good growth in Equipment Services � Net debt increased to �502.6 million, driven by EfW cash outflows, non-underlying charges, a more normalised working capital position and foreign exchange movements � Completed contract review and business review, resulting in a �86.1 million write down, of which over half will have no future cash impact � Balance sheet review resulted in non-cash goodwill and asset write downs of �76.7 million � Fit for Growth self-help plan underway and expected to deliver at least �40-50 million annual benefit to Group operating profit by 2020 with �15 million benefit expected in 2018 � Key contract wins with new and existing clients including the Ministry of Defence, Ministry of Justice, Department of Work and Pensions, Network Rail, BBC, Jumeirah Group (Dubai), Liwa Plastics (Oman) and Doha Festival City (Qatar) � Future workload of �7.6 billion. Debbie White, Interserve's Chief Executive, said: 2017 was a difficult year for Interserve, but it was also a year of significant progress. As a new management team, we have stabilised the business and taken the first actions to establish a solid foundation from which we can both serve our customers effectively and underpin improved future operational and financial performance. This work has focused on refinancing, conducting a thorough assessment of the contract portfolio, and introducing new management disciplines, processes and cost controls under the 'Fit for Growth' programme. We are confident that the cost savings and management actions identified will contribute at least �40-50 mi
Looks positive, imminent news which will add value to the market cap ? GLA DYOR
Looks like some shorters are making a U turn... gla dyor
Major shareholders have given approval company out of insolvency concerns, can only see positive effect on future share price value, obviously shorters will try to exploit any negativity to unwind their positions..hold on tight..GLA DYOR
Melrose just bought out GKN, Interserve looks like an absolute gift to an asset stripper at �120 million market cap...can`t see this valuation, especially now insolvency issues have been resolved, sticking at this price for long go figure..GLA DYOR
Appreciate your insights...if you are correct there is, despite the fact Interserve will remain solvent, a steep drop in value to swallow..ouch
What price will they engineer the drop to ?