Member Info for m007j

Burt with is arrogance and ineptitude destroyed this company which by the way has a solid product. It is sad to see.

Since listing on the London stock exchange in 2021, Burt has raised £9m. Which he has promptly wasted. No one is going to give him more money to waste.

Slip slidin' away

Slip slidin' away

You know the nearer you're to administration

The more you're slip slidin' away

If all is so well with the company why are the shares down 30% today and languishing at all time lows?

If that is the case Toplocks, why does the share price keep falling to dramatically?

The share price performance and board exit suggest the company is in a death spiral. Unless you view the collapsing share price and the sudden board resignation of the representative of a major investor as positive news. I suspect some on this message board might be in the grips of irrational exuberance.

Feels like the company is in a death spiral....

If anyone can spin this as a positive development it is davethechef. Come on dave, tell us why we should view this resignation as positive? Maybe it clears space on the board for Indra Nooyi (CEO of Pepsico 2006 to 2018) to join as a non executive director?

Https://www.standard.co.uk/business/london-house-prices-race-for-space-nationwide-property-mortgage-regions-interest-rates-b1148915.html

Rank has a Q3 trading statement due to be published on 18 April:

https://www.rank.com/en/investors/financial-calendar.html#category1

It just traded at 77p.

Could the majority shareholder with around 60% of Rank buyout the rest and take it private?

Stock looks to be on the move - any ideas why?

Slip slidin' away

Slip slidin' away

You know the nearer you're to administration

The more you're slip slidin' away

Clearly the big seller has been cleared out.

I wonder if the seller has been cleared?

Seems like the persistent seller is still around. Shame the shares could not have been placed in one go.

There is no RNS about JTC Employer Solutions Trustee Limited selling

In order for Costain to trade inline with the valuation of Galliford Try, Costain shares would have to rise to 82p. Inline with Kier Group to 1.05p. And inline with Balfour Beatty to 1.25p.

Costain is the cheapest in the UK construction sector on a EV/EBITDA valuation basis at the current share price of 69p.

Costain.....................0.5x

Galiford Try..............1,2x

Kier Group................2.4x

Balfour Beatty..........3.5x

I think this as well. Fantastic trading statement. Suggestions that dividends will be paid again. Also the CEO will host a call with analysts and investors the day after the results. Unlikely to be doing all this if management have bad news for the market.