Member Info for boldboy

The deal to buy the stores group of HOF was done before they were put into admin by the previous owners ,it was just a case of getting the ducks in a row.

No! The same scenario as always been the plan, buy from admin at bargain price avoid any premium payments ,this HOF purchase is the MO of sports Direct.

If corbyn becomes the next PM ( I deliberately use a small c as the c can mean a four letter word that better describes this awful excuse for a man) we are all in deep dodo raise the drawbridge and man the ramparts we are in for a rough ride.

I was speculating and had made about 3k on a previous trade over a month rise I went in again and got a sudden -5% in the share price I got out on a loss of 10k and since then they have continued to fall I do not chase losses so have steered clear since that occured about 18-24 months ago.

I do not have any shares now I got out after a loss at 50p when they started their decline thank god I did as I had 150k then ,it is not rocket science or secret formula for working out this company is on its last legs.
Anyone who did not bale in the 50s is stuck in the deep mire, anyone who bought these shares to short them deserves a pounding and I believe they'll get one.

There is no chance of anyone taking over this basket case anyone with any sense knows that its a dying industry and the leases of the property portfolio are onerous, apart from the trading model which seems to be clutching at straws.There will be people waiting to takeover some of the assets but that will be from the administrators.

I have seen several posters stating various reason of a technical nature as to reasons for buying or conversely holding off for a better price,I think anyone who buys into this stock should consider the stark reality of tits up syndrome and do not count on Mike Ashley taking a road to full ownership he will make more money negotiating with administrators cherry picking the assets .

The negative atmosphere around this company leads me to believe there is only one outcome .
There are no positives, simply vacuous statements about new ideas and joint ventures that come to nothing because they do not have any bearing on what is a dying theme that as seen its long existence in decline for over a decade.
The department store was a staple of the high street when the only way of a customer communicating with them was walking in to the store,apart from someone having lived in the desert for the past twenty years who now would do that unless they had nothing better to do.
The competition is not the problem ,it is the path to the store ,traffic, parking,time ,cost and lack of choice the experience of high street shopping is being discounted by the new online shopping outlets and there is only one way the model is going .

We have to have decent and creditable people running the country and we can all expect the back alley knife tactics to emerge from the fallout of these resignations.

Best news of the century what a gob and idiot useless too the extreme and a poor excuse for a man.

My view on this policy is well documented ,The jam tomorrow scenario for a investor that as been through hell and high water with this stock is an insult and downright disrespectful ,everybody from ppi to government treasury as had a lump out of this company while we have had to sit with no income . As soon as the stock starts to do well the directors begin to hold back whatever chance there is of a bonus for the jam tomorrow policy.The reasons are obscure but are more to do with institutional fund holders tax liabilities then any good intentions aimed at ordinary shareholders. The directors of this company need to take the ordinary shareholders very much into consideration as thousands of them are also customers of the banks within the group and will vote with their feet eventually.

Remember I said when the annual results proposed a buyback instead of a special divi and I said thats jam tomorrow now it looks like jam never and we have been swindled out of a extra 3.55% of divi for the sake of the institutional investors. The larger than normal amount of private investors for a blue chip stock should be allowed a vote on that policy in the future,we have waited long enough for a return on a investment that as had a torrid time.

The strategy works for me get out of anything to do with Europe and the Euro and anything that as only one pot,when the corporate assets are sold off it as an effect on the balance sheet ,overall this is a good effect.

Last weeks drop in the SP which seems to be continuing and the City as become jittery regarding Construction companies. On the reading of the balance sheet and Kier 's exposure to joint ventures that may have iffy partners their worries seems justified,construction companies do not have assets these days the days of in house manufacturing and service supply were stripped out of these companies in the 70s Joinery , Plant, property bases were sold off along with the staff for the opposing lean ready to move quick system of subcontracting and hiring in Plant. So when they talk of intangible assets that is what they are an accountants term for something that as a value we can call any number usually referring to work in hand and work in the future that as been contracted .The trouble is that as anyone who as been in business, work does not always turn a profit so these intangible assets soon become intangible liabilities. The only way any construction company can justify being in the black is having net cash i and they are very few One in particular stands out which I have done very well out of over the Years from the days when it was a penny share as Y J Lovell and is now after several name changes the Renew Group. A rare example of a well run company in to days minefield of the Construction sector.

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.

Is there two sided coins here,will Amco pick up the unfinished and projected work Carrilion have vacated and the other big question were they subcontractors to them or working direct for Network Rail.

There will be a big hole in revenue credit if Carrilion goes down they must owe Speedy millions.

Debenhams is not unique in its struggles for sales on the high street ,the big operators in the US have been having a tough time Macy's, J C Penney Dillards have been closing stores and reporting poor sales and margins. The added problem for debs is the leases on its store portfolio they are a major stumbling block to the management in its search for an alternative strategy . Selling online is a growing practice for consumers and the model takes out major overheads associated with instore and the biggest is staff on the shop floor. Now if they could use the ordering format of argos in store they would save a fortune but would the shopper like it . This format I believe will become the standard in the next few years as the multiples try to reduce costs.

If Corbyn and is coherts get into power it will be a sad day for RNWH virtually wipe out their customer base in one fell swoop with the renationalisation plans of the utilities and Br ,precarious times ahead may be a good time to take any gains and exit.

Rivaldo Your analysis of everything that is civil engineering beneficial for Rnwh is fanciful blue sky thinking.There is a massive shortfall in looking after the tunnel than building one, something AMCO is not a player at. RNWH is a service company that has structured timescale contracts to look after other people assets .The tunnel project you quote is well outside the scope of work AMCO would be able to undertake and is more in the realms of such firms as Balfour Beatty who have a dedicated rail division as well as the tunneling expertise they are also well connected with all the other assets that would be required for a job of this complexity. I have kept a close eye on RNWH over the last 25 years and have made a substantial amount of money in share dealings on thier rises over the last five years .They have now in my opinion stalled and although they make money it mainly advance payments on what is basically looking after other people and to that end growth is now difficult as are finding decent add - ons. The recent fall from £5 a share despite good results show a market caution to a company that may have reached its zenith.