Member Info for BillTucker89

The worst that csn happen with this at the moment is a small rights issue though highly unlikely to happen. As others have said March should be a turning point for this.

IsolatedBod- its a combination of goverment negligence and arrogance, which has put so many livelihoods at stake. But when has a Tory party dine anything for the working class? I was reading an article on HL, and the goverments reason for not putting up the money was "this had not been indirectly caused by public sector contracts" That's total b×××××× the main three hospitals the CLLN took a hit are public contracts, other contracts were underpriced and to top it off, they failed to make payments on time. Yes the managment were clueless, but the goverment have been a major contributor to it. The goverment knew this all along which is why BlackRock pinched Osborne, and were so confident in increasing their shorts with his insider knowledge.There are others he will be aware of, and time will tell. Election tine should be interesting as they have probably lost 20000 votes. Anyway it's interesting how many of those thst didn't invest are still on this board still ranting.

PeekyBlinder- i don't see them going same one for many reasons. First of all the debt is a third of Carillion's at just £500m, whereas Carillion had £1.5bn. Secondly the mangement team is screwed on, unlike Clln who let the situation get from bad to worse. What has let IRV down mainly is the EFW contracts, but there is a litigation process ongoing whereby they will recoup some money. Even if they don't, it's only a £195m write off not an eyewatering £1.1bn!! They also have very few underpriced contracts, and a considerable amount of assets that can be sold. If there are no more surprises with EFW this can hit £3 in next 12 months or so.

Again Gillpat i'm not beung bitter, but sorry if it feels that way. I was just making my point in relation to your comments

I'm not turning bitter in anyway judt highlighting the facts. Like i said i do read charts from time to time, but i do not base my decidion to invest based on them. I do my own research and only then invest. This my first loss, but we were mislead on multiple occasions by the board. So my point is the chart can say whatever, but it can't factor human negligences and deceptions. I am successful in trading, as i said this my first ever loss, but we can't expect to win all of them can we. You are not only one with intelligence and successful in trading, so stop msking out the rest of us are some uneducated morons.

Yes it should start rising and i see a big jump in the summer... i was unfortunately invested in Carillion do will try to recover here

Here'sHopin- yes it was a silly comment which implied we lost and are gamblers because we are gamblers and lost because we didn't follow the charts, when oddly enough the 'expert of charting' apparently bought 125k worth of shares last week.He didn't cash out at 24p either which would have netted him around 20k profit, and only cashed out bevause he had a dtop losd below the support line. Surely his charting would have shown carillion would go down today and casj out at 24p? Says it all about charting doesn't it Like i said earlier charting is just an indicator, all it takes is one man to F××× up to bring an organisation down, not a flippin chart. It certainly didn't apply in this situation. i agree i am 95% certain coch was in with the shorters.

Please say this a wind up lo l? If you don't know you shouldn't be investing. You own shares in a company thst has been liquidated, what fo you think has happened to them?

Gillpat-please don't go on about charting, it's getting a bit boring, and yes i do understand charts but i don't rely on them. No matter how good you are at reading charts, it is totally useless if the company is run by a bunch of clowns. If you're charts were that good, you wouldn't have made a 125k purchase, and surely would have cashed out at 24p as it left you a hefty profit as you 'chart would have seen this coming' I too can you took a gamble and setup your stop losses, but others that were in higher it was pointless cashing out. Look at Billgoat for example who was in at 2.30, he had alrrafy taken a massive loss so cashing out would not have made a difference.

IsolatedBod- yes it will cost the goverment shed loads more to pass these to new providers. The upside is i jold shares in both Capita and IRV so hope they shaft HMG for any work they get....

Pokerchips- yes how could thry pay a dividend 2 months before a profit warning...

The actions clearly show support for the shorter, as they have done the complete opposite of what was required...

There are alot of people on here calling people who invested in this company gamblers and not investors, which is a completely inaccurate and idiotic statement. The reality of the matter is the situation has veen mismanaged, and false statements were given by the company which should ve referred to SFO. Yes things were bad in July which is when I bought back in July, but by no means a disaster. Yes there maybe so e gamblers, but please don't tar us with the same brush as this company was perfectly investable. The points below are what caught modt investord like myself out. 1. At the time the directors reassured everyone that £300m of assets would be sold to bring down debt, which was a positive. However they then decided to keep the £250m canadian business in October, even though the company was starved of cash and banking convenants were being breached. Did this make comnercial sense? 2. There was also a mention of a rights issue at the time, but this never materialised. 3. The directors chose to take another high interest loan for an already struggling business. We were told this money would last until April by which time more assets would be sold to bring down debt. However 2 months later they need double that amou t to stay afloat? 4.RNS just beforr Christmas said everything was ok with the lender and banking convenants had been deferred. No mention of any any additional funding required, do unless the board bought dome ependsive xmas presents, how has the money vanished in 2 weeks? Of course the reality is they were aware of it all along, as we now know whitehall have been contingency planning for the last 6 weeks, similarly they have had administrators on standby for a similar amount of time. So where has 140m gone? I could go on but i won't as it's all over, but i can assure you it's not just all gamblers that bought this share..

Thanks Gillpat, our paths might cross again lol

Now that Carillion has gone for sure, we should see some upside here. I wonder how much of carillion's work IRV will pick up.

Bootneckessence- i lost 18000. Had 30000 share at 60p

As the end has come, just like to wish everyone all the best for the future. Yes we took the risk, unfortunately it wasn't fruitful. It has been intersting and educational 6 months, with some great knowledge on here. All the best in your future trades guys.....

Good luck Jambon...

Gelston- all the british goverments rathrr give the money to eaatern european crmininald rather than their own people, which is a sad state of affairs. However i have no sumpathy for the finance staff who cooked the books, they deserve to loose their jobs....

Billygoat100- sorry about your loss.