Member Info for davwal

At least it didn’t go down, I suppose. But on a day when some right dogs had a good day it’s disappointing this stock can’t attract buyers much beyond this BB...

So if Novum have already sold, that doesn’t seem much of a vote of confidence from a company having had such a close working relationship and understanding of the product.

I read the notorious RNS again today , and am sure the information therein about timeframes was unequivocal given there were several references to a short period before they confirmed the rcf.

Therefore it’s a very serious failure in my view for the management to have maintained radio silence since, other than pathetic references to committees holding matters up and GS’s surprise being expressed that we put so much store in what had been said - aw shucks it was just words..! Maybe they just got it wrong big time, I’d certainly not want to think there was a deliberate creativity involved. Either way, one might reasonably be concerned at the performance of people supposedly possessing such sharp business brains.
I’m quite nonplussed by the efforts of some posters to not only be very understanding of the increasingly drawn out situation, but also to make a raft of tenuous excuses on the management’s behalf.
I am an investor here, albeit well underwater, so am reluctant to say too much. I strongly feel the company’s ongoing silence to be not only unreasonable but downright insulting.

Always encouraging when an employee is willing to put his money on his employer’s aspirations...

Try Hargreaves Landsdowne - very easy to open and operate a trading account.

They’ve been building for years and spent billions, it seems a bit optimistic to expect a retrospective ruling from a judge - even if the judiciary seem to becoming increasingly up themselves.

Excellent: an upbeat industry;

BBC -

The UK's construction sector enjoyed a sharp upturn in February, according to the closely watched purchasing managers' index (PMI), expanding for the first time in nearly a year.

The survey by IHS Markit/CIPS said anecdotal evidence "mainly linked the recovery to a post-election improvement in business confidence and pent-up demand for new projects".

The PMI index hit 52.6 in February, up from 48.4 in January, where a figure above 50 implies expansion. It was the first time the figure has been above 50 since April 2019.

The survey also indicated that the overall rate of construction output growth was the fastest for 14 months, and showed the sharpest rise in new orders since December 2015.

"There were widespread reports that pent-up demand released since the general election had helped to boost workloads, especially in relation to house building and commercial construction projects," said Tim Moore of IHS Markit.

He added: "Some construction firms suggested that the recovery in output would have been even stronger had there not been disruptions on site from severe weather conditions in February."

No bounce, just the dead cat for now it seems. Not quite sure why this one is damned.

Soon....

ExxonMobil must have been pretty happy with what they found after drilling the first Hammerhead well to then do two more. If there’s to be a fourth then that’s absolute confirmation that Exxon know there’s a profitable market for their heavy oil, which is hugely significant to the potential commerciality of our Tertiary prospects. Maybe GH isn’t too far off with his upbeat assessment...

Me neither. And GS has apparently said we should only take notice of their RNSs, not gossip. Well, I did and so far it’s just cost me. To be honest, that RNS looks increasingly dodgy.

I think Coronavirus is as much to blame given the state of the market. Plenty of sufferers today.

When shares gains value rapidly there usually follows a pause or even slight fall back as people take profits and potential buyers await a retrace. It’s behaving normally in the circumstances.

The sp seems under pressure this morning, for no particular reason I can see. I did have a stop-loss set at 198 but removed it last night. Now wondering whether to top up. Any views on trading today?

Great, thanks Akane. I looked at Costain’s website but it’s full of buzzwords and the nitty-gritty is hard to find...

Am I right in thinking Costain has actually just about completed its contracted works for HS2 (Clearance and site prep at Euston)? Or is there more I’ve missed?

One concern lurking in the back of my mind is Eco being swallowed up for not much more than the current peanuts value. Otherwise I think the true value must return at some point due to what’s likely in the ground. I’m sitting tight.

Total don’t rule out taking over all or much of TLW’s piece of Orinduik, then.... I think they’d like to get drilling ASAP.

No, but Carrilion’s demise is and will continue to benefit others like KIE for some time. I suppose while it’s cheap KIE will also be sized up by potential acquirers but I hope we get a decent recovery first.

Added today In the hope sentiment grows more positive from these apparently more stable levels. I still think the business is doing very well for an embryonic entity. It’s certainly tuned in to today’s market drivers and should prosper in the not too distant future.