The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Bought this stock today for the first time. Not done a lot of research. Just quickly jumped in looking the SP seems the lowest for the last year. And it has lost a lost of value. May be cheap to buy now. Just hope for a 10% up.
I thought the 200million would be a special dividend. I could not see a share buy back at this poorly performing times. If the share buy back happens that will be a good sign for the SP.
Shareholders often expect little more diversion than a cup of tea and a sandwich at annual company meetings. Balfour Beatty investors were taken by surprise, therefore, when one called the chairman a “corporate psychopath” and was removed from the meeting. Gavin Palmer, who bought 300 shares in the construction company three weeks ago, attempted to have Steve Marshall stopped from running the meeting to approve the £820 million sale of Parsons Brinckerhoff, Balfour’s American project management division, to WSP Global. Chairman called ‘corporate psychopath’: I do agree, the company is not doing anything productive. Hence SP free fall.
11.42% reported short. That's over 0.5% shorts only need to be reported. Its 220 million plus shares. may be an other 70 million shares fall below 0.5% mark and may be in short positions. That's totals 300 million shares on short. The SP now could move either way. It may rise up to 300p if the shorters have started closing their positions. If not back to 200p. Whose calculations are correct? Hope the CEO would come up with a little good news.
I did call for a strong sell on this stock. But after that the price was manipulated to rise for no reason. May be the directors to sell their holdings. Remember the lessons learnt.
And many more will be fired(like Tesco). But at the end he (New CEO)will lift the SP up. Its gone for long term investment now,,, No short term gains. But BBY is a massive company going through difficult times now. It will overcome out of this trouble. But It could take at least an year to see our old prices back. (For me its 240P)
1. Send CEO home 2. Sell the asserts and balance the sheets, 3. Big Directors buy Options for a fall 1. Block the PB sale 2. keep the current CEO
It was on the news, " The great britain is no more Great, Just Britain". The culture of shopping is changing. Everything we buy is subject to internet price check now. All the house hold things particularly we buy are gone online shopping. Aldi and Lidl will have a certain growth. They can't grow in this phase for long. For me their growth is now at the top end and will no longer grow as before. They have reached their levels. Its no point comparing with them. Its like pound shops. Look at Waitrose, They don't compare the prices on promotions. As long as you keep the quality and customer care you will have a certain share in the market. That can not be wiped out. We grow the last 10 years. That can not continue unless we change the strategy,Like investing on something else, but not on supermarkets. Compare the asserts we got on sainsburys we don't need to panic and sell. But I don't see this is going back to 300p anytime soon. But really worth holding it if you can for atleast an other two years. Let the big investors play the game. Just sit back and ignore. Don't tempt to sell. Hold it strong.
Are we all time low now? I couldn't find any lower price than what we are at now. Very strange.
Hope I don't get a heart attack by watching this stock falls,,, Day by day before,, now minute by minute. Its now worse than the mining stocks or AIM stock. Could you believe we lost nearly 40 percent since last Christmas. The CEO mentioned on his talk he is quite and harm. But not share holders. Do something and give us something positive or get the hell out of here. You are not experienced enough to handle the issues SBRY facing now.
Are we that bad?, Its manipulation,,Now the wait made longer,, may be to Nov 12 their interim statement. Nothing helping the SP. Why investors are not looking their strategy of expansion of convenience stores,,, Lost after lost,,,
Its 190 million shares. And its the stock have the highest short levels compare to rest of other companies. I actually don't know how to take this? How further they push them down,,, or how quickly needs to close them.
I also leant that lesson,, But its a bit late now, I topped up 2K stocks today, after started ticking up this morning, but now back to square one. All the gains are lost now. Done the same for Tesco a few days ago. Nothing helped. Its really worth checking the Short positions before investing. But I hope tomorrow's announcement won't be bad, as we already seen all the fall. Lets just forget this SP now. I read somewhere the assert value is over 295p/share for this. So it will tick up. Not now, may be next year.
Probably you will win all the contracts in the world, because you are pricing too cheap, Then after a few months time this could be classified as a BAD contract, who knows? Its not the point how many contracts we win,, Its all about what is the price margin,, how we calculated the risks,,, It does not seems the BOD is effectively doing their home work properly. The order book is very strong,, what is the point? if we don't make any return out of it. Any idiot can see how the cost of build is increasing in years. The strategy of BBY construction arm is a pure nonsense. Actually its time to make money for construction companies,,, not to loose.
With improved construction and economy there is no reason for this profit fall,,, I think its clearly on the wrong hands,,,, Look at the other construction companies growth, and where are we now? Its really worrying for share holders, Its time to change BOD. We are performing worse than the AIM shares. If the directors know what they doing it wouldn't happened. Bunch of idiots running the company. Should have at least accepted the carrilion offer.
It may lost its foot brake as well.... lol
I just workout the 200million dividend and its coming 29p per share. Thats good on top of the usual dividend.
Well, It does not seem to be a risky investment for me at this time. With current improved market BBY will be doing much better. Two more dividends to come this year. The worst happens this will go down to 220p and upwards 300p. I think its time to top up. At least 250p in the near future.
Would Carrilion make another offer for BBY,,, I think Balfour is trying to get much as possible... May be an other final offer before end of today,,,,,
well, CLG 4 days before the same price as today,,, dropped and rise today,,, look at their shares turnover,,, 5k shares taday until now out of their 100 000 M shares,,,, Have a look at the QPP,,, I was planning to buy 2 days before (12p),,, But never clicked the button,,, today 16P.