Member Info for GoldAnOil

...actually made a profit out of the Highway construction business?
They have certainly lost credibility and probably a lot of cash over the last few years with various failed schemes, so it is disturbing to read that they are still ploughing resources into the sector.

Peter Truscott, Chief Executive of Galliford Try, said recently: "Highways is a key growth sector for our Infrastructure business so this appointment is particularly significant. We are currently partnered with Highways England under its Collaborative Delivery Framework and Construction Works framework and also a leading Smart Motorways partner. We are fully aligned with our client's ambition and strategic imperatives and pleased to be an integral part of its supply chain for years to come."

I would suspect pressure from Government, as there must be a reluctance from other companies to take on these potentially loss making, and share deflating, projects.

...but fluctuating like crazy. I think it will move up from there.

Long auction at opening...will be interesting to see what they settle on.

...is pretty good and may attract buyers wishing to get in at the bottom and wait. It is IMHO, a very good buy for the long term and worth tucking away in a Junior ISA for the children. Once the dividend is restored, growth will follow and, hopefully, the mistakes of the past will not be repeated.

...off 450p, seems to be the support level - for now! I'll wait.

...a bit of 'Bottom Feeding' perhaps?

...a drop today, bad news all round!

I must take issue with your decision to sell in the mid 30's. As you mentioned in an earlier post, this is a long term Bottom Draw share and the present SP could be seen as a good entry point. The fact that one of the main II is Woodford, leads me to believe that there is a future here. I follow Woodford and although he is not infallible, he usually get's it right. It will be interesting to see the upcoming Gilead phase 2 results which will confirm if your decision was correct, or slightly premature. Looking at the projections, we are still a year or so away from income growth and much is being spent on infrastructure. I do agree that the Directors shareholding is a bit of a worry. I like companies where Directors have something to lose, other than their jobs!

Ftsemajor: If you have no funds available, my favoured option would be to indsruct your broker to 'Tailswallow' your rights. That entails selling enough rights to release funds and buy as many 'New shares' as possible. It costs you only the fees and you will have more shares in your account. In effect, 'Free' shares.

Please, don't throw your hard earned away. This is going private! Boparan doesn't like sharing.

Sounds about right. All the relevant dates are on page 44 of the prospectus.

Well it looks like I'll be able to fund th RI shares from next years ISA allowance, which is good news. Not a bad price, but as we are still ex-div, should see the benefit later in the year.

...Crawshaw enters transformational partnership with 2 Sisters Food Group - April 2017 Well, it certainly has been transformational! No doubt Boparan is rubbing his hands at the low SP. Having spent all the S/h's money on enlarging the retail outlets, he will no doubt de-list and pay a pittance for what was once a thiving concern. Then he'll have more places to dump his old stock!

...results and statement. At the current low level I'd say worth putting a few quid in and leaving it. I think lessons have been learned from CLLN and there will of course be work on offer from their demise. I'm of the opinion that the worst is over and it's a case of 'Onwards and Upwards'.

...seems OK, but this is a VERY tough market to trade in at the moment. The failure of Maplin to survive shows how the market is moving away from store based suppliers and this will help G4M gain market share. I've recently joined the ranks of G4M's customer base and find them good to deal with, fast on delivery and reasonably priced. My worry is that they may attempt to buy market share at the cost of profitability. No good being really busy, employing more staff etc, if the profits aren't there to sustain growth and make good returns for Investors.

...The long awaited t/o has happened. I was in was in here at 116p about a year ago, took up the rights and hung on until I was tempted by 160p back in October. Made a decent return and always intended to get back in. However the SP only went one way and I couldn't find the right time, always looking for an upturn that never came. I'd decided to wait for the results and then make a decision. Well, the results are good, but I've missed the boat. Well done to all those who bought in the low 100's, but spare a thought for those LTH's who are losing out badly. Personally, I always believed LRD would turn around and repay the loyal holders, they are a good, solid company. It just seems sad that now the hard work is starting to pay off, the gains will go to a private company.

...the divi is being maintained to placate II's and prevent them withdrawing funds to gain income elsewhere. Remember, the large pension funds need a regular income to pay the monthly outgoings, one reason companies like NXT, EZJ and GFRD are so popular with pension funds is the regular payout. I do agree that it would make more sense to 'invest' the divi into the business, but at what cost?

...is that with the recent falls across the board (in my case anyway), I'm not in a position to sell anything to buy more here. As long as the divi is maintained, buying at this level will give over 10% return pa, which has always been my investment target. I think it's a case of holding and with fingers crossed, for the short term anyway!

As a long term holder here, who is now 30% down, I must agree that the run of 'One Off' impairments is now getting beyond a joke and although largely the result of outside influences, has cost the business greatly. Heads must roll! On the bright side, dividends are (almost) being maintained, house building is going well and sales are holding up. Perhaps a good time to buy, certainly a better time than my last 3 inputs, all way above this level!

'The transformative partnership with the 2Sisters Food Group is progressing well with core poultry supply routes well established and a framework for successful new product category tests landing over the festive period. We are already looking to leverage the supply agreement to expand this type of activity to increase the basket spend of our existing customers and to incentivise more new customers to build us into their regular shopping routine.' The fact that the BoD gloss over of the 2 Sisters affair as if it had not happened shows how much they are out of touch with their customers or are having their strings pulled by Boparan. Sad to see a once great Northern enterprise sold down the river in this way. Deep sympathies with the small shareholders trapped here or those who have sold at a loss. No doubt Boparan will make a grand gesture of saving the company once the SP is low enough.