Pure corruption.. Conditional trading excludes all retail investors..The big boys get to make massive profits,which will then fall back by Friday when we are allowed to trade our shares.Need a level playing field.No wonder the LSE is in the doldrums
Very disappointing update..The statement says revenue down as expected,but when you downgrade your prospects,you need to provide figures slightly better than downgrade as it is from such a low point.. It's a long haul from here it seems..How on earth will they get their massive debts down,without substantial increase in profitability
So at one point l was staring at a near £200 loss today,great relief to see a bounce and sell for a £3 profit..Had l waited and sold an hour later my profit would have been.....£647....
My word.We are used to jam tomorrow,Stroll but this latest update is truly awful..No wonder SP was weak yesterday..One post close sale of 709,000 shares
I tend to think that companies that make no announcement to stock exchange for any upcoming trading statement is one that has a disregard for its retail shareholders ..Instead directing the company for themselves and their shareholdings..As in the previous rights issue where retail shareholders were excluded..
The SP fall would be much greater except for shorts buying back their shares,and making millions of profit for themselves.. Petrofac is technically insolvent
It does look as the best option is a total breakup and sale of Petrofac businesses.effectively liquidation..Shorts have made millions on correct assumptions
Yes your missing something.. Nationalisation mean one price per route,so no need for Trainline to operate as they exist because of multi companies giving multi prices.This will stop
Yes your right,but on the website under financial calendar they list April 30th as year end..Which l concluded would be a statement,as is normal for entries in the calendar..
The recent trading update was rather cautionary..In Britain profits and dividends come before innovation and acquisition..Look at trump's social media huge loss and 5m turnover yet value was nearly 20B USD...
Just waiting for Boohoo to launch a similar case against the company..They are sitting on massive losses,and probably for same reason as today's company..It's quite a series matter which has been successful in the US for compensation..Rev B has more or less admitted deception by previous directors with one having to give back £1.5m and the other removed from his position
The company should not be distributing a dividend with debt incredibly high at over £1 billion.. Forecast profit means forward PE of 2.1 but debt is at 4.5 times value of the company.. We wait to see what value is placed on the loss making American transport business which is on sale.