Member Info for Grayling

My wife was a lawyer on the equal pay case against Lanarkshire council (winning side). They did all that they could to block this, including appealing an FOI decision that released the information about unequal pay right to the supreme court ,where they were completely humiliated by Baroness Hale. They settled in the end and this involved over 3000 current and former female employees who argued that they were earning less than men in comparable, but different, jobs. Good luck to Tesco on this one but even if they have the team B*****d of all lawyers I would say precedent is heavily against them in this and the Birmingham example. Oh and there will be more cases like it elsewhere and fairly soon.

further on opening, then down we go with it. However, the fact that RMG has stayed above �5 indicates that the stock has some support at this level.

This is a straightforward buy at this price and with a 6% yield. Just reinvest the divi and let compounding do the rest. Great results and Macondo will not be a drag for ever. I also hope BP's army of lawyers makes great strides in prosecuting the many fraudulent claims that came out of the gulf states post the fire. Some it was shameful profiteering with cartels of crooked local politicians and lawyers (often one and the same).

Take your pick but INTERSERVE seems to be the current shorters favourite judging by today's figures on % sold short and the number of participating funds. INTERSERVE 8.2% (6 funds) MITIE 5.8% (6 funds) SERCO 4.1% (6 funds) CAPITA 4% (3 funds) G4S 0.7% (1 fund)

Redceo, surely you can do better than that! After all the sun is over the yardarm.

her we go 506p now.

503.80p level 2 now

Just breached �5 briefly. Well all that cash trying to make up losses on CAPITA has to go somewhere! Also the shorters are busy closing their positions. It will probably fall back short of the fiver at the end of the day, but still great news on a poorish day for the market.

Fantastic result and a victory for common sense over dogma on both sides! This and the overseas business going forward nicely should keep the naysayers at bay.

my2penneth.....yes I know. Most of those positions will have been closed just prior to collapse at huge gain in order to avoid the uncertainty of holding a short position through administration. The latter can be swiftly resolved with you owing nowt, but there are also circumstances were it can drag on for months with an uncertain liability on the part of the person(s) holding the short.

in outsourcing firms as of today INTERSERVE 8.2% (6 funds) MITIE 5.8% (6 funds) SERCO 4.1% (6 funds) CAPITA 4% (3 funds) G4S 0.7% (1 fund) So "mid table" as of now, but it will be interesting to see how this changes going forward. Just for comparison CARILLION reached 14% (12 funds) at point of collapse.

I would not touch it with yours! Good luck at picking the bottom.

Very good news indeed IMHO. I would like to see continued overseas growth from RMG over the coming years. The fewer eggs we have in the UK basket going forward the better as this will act as a hedge against volatility here.

Hardly. Look at the 3 month RR chart v FTSE 100. Former at 6th Nov last year was 981p while FTSE100 was 7750ish. Both fell in tandem with a brief recovery in mid Jan 2018 (900p and 7760 respectively) to end up now with the FTSE back where it started at 7500 ish. In contrast, RR is still down at 872 (10%+ down). Your premise only holds over a few days in the past week, so not really a robust indicator. Nothing to worry about either way IMHO.

'Fit for Growth' initiative my a**e. Management really do come up with some PR bullshit when backed into a corner. To say that the cabinet office are keeping a close eye on this one is probably the understatement of the century!

Woody must be crying into his beer over this. First PFG then Capita and now his darling AZN! When will it end?

Thats's torn it! Who is next?

I agree, as a business model this increasingly sucks! Avoid at all costs.

Now Capita, who is next?

Who is next?