REMINDER: Our focusIR Investor Webinar takes place TONIGHT with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Having held these shares since they were over 600p I'm afraid I have nothing constructive to say other than it must be nice to live in cloud cuckoo land with rose tinted glasses. Can I have a bit of what you lot are on?
The head of research at Liberum says Interserve is facing the biggest balance sheet risk of all the outsourcers. He reckons the stock could be terminal without a rights issue to address the problems.
Interserve, Capita, Mitie, Serco etc.? All the outsourcers can't go bust surely. But which one to have a flutter on!
My guess is that they will have a heavily discounted rights issue like Capita.
It was interesting to read a response from Geoff Drabble to a letter to and posted by a shareholder over on advfn., concerning the merits of a share buyback. Also to know that he keeps an eye on our thoughts on these share chat pages!
Skyrise, That isn't investing or having a punt. If you are serious, that's big time gambling and you need help.
Was almost tempted to sell a few when the price hit 1950 this morning, the way the market is going, and probably the shares will drop on the results no matter how good. However on seeing JP Morgan's increased price target from �18 to �24 have held fire for now.
I looked up the Chicago investment company, Harris Associates, which increased its holding in AHT causing the price rise on Friday. Seems that through their fund: Oakmark International, they look for "bargains across the pond"!. I also note that in after hours trades on Friday the price seemed to drop back to 1956. We'll see what happens tomorrow.
Monday: we have great expectations of contracts on HS2, Tuesday: we get news of the purchase of a Canadian company which will give us a foothold in Ontario and yesterday URI came out with strong results. I guess there will be a pullback through profit taking but all we need now is for Trump to come up trumps with his infrastructure plans and we'll be heading for RBC capital's £20,000 target.
The sp of URI at $107.7 has declined over 26% since its high in March. It is trading on a float of 8.26% with $84.00 million sitting short betting on future declines. As AHT seems to follow them I can't see any improvement while there is that short squeeze in URI