Member Info for Metamorphosis84

Low volume and still no buy signal for me.

But we have twice now seen support at 167p.

Very weak buy and look for breakout to top up.

Ha ha, so Mike Ashley has bottled it yet again.

What an absolute melt.

So much fake news here the last few days. Haven't been about and this is what happens, fake news and lots of it.
Will have to drop in more often to keep a check on it all.

He is so bitter our Nigel isn't he losing out on Deb then missing out on your excellent tips.

Claims time and time again that he doesn't police the board then goes around doing exactly that!

When are you going to realise that no one cares about what you think Nige?

Fake news, again.

The predictions are actually from zero pence to 479.

Its been a week since the board you were warned off this pos. Surely there can't still be mugs holding or buying still?

This has been a cash cow for me for a few years. Lowest I have bought is 440 highest I have sold is 590. With an excellent quarterly divi in between.

Don't like seeing red on long position but will be looking to add around 500.

"potentially £300 mill of leeway before covenants exceeded if Davies is to be believed and the debt limit maxes out at c£650 mill"

This is true, what I am unable to find out is what are the terms of the deeds of the covenent and could they be at risk of being breached?

Mythyaar, I read it as quite balanced.

The shorts are building. And your track record losing a fortune over at TCG does your ramping here no favours. No disrespect intended.

Very interesting insight from the experts over at Motley Fool

https://www.fool.co.uk/investing/2019/07/18/is-it-time-to-buy-the-kier-group-share-price/

Buy now and you could have the exciting prospect of being part of a cash raise when the kitty runs dry.

Yet again the resistance at 90-91p, yet again a fall back to the early 80's.

Only the ones who opened yesterday

Clownbutnotout's 'superior charting skills' drew this conclusion on July 9th:

"86p good base for a rise now."

Yer right

Ha ha Bill, that would be a turn up for the books!

We have seen a gentle slide over the last month or so, and just dipped under 600.
Trading statement due on 17th July. Difficult one to call this, I think positive or negative news will have quite an impact and see considerable movement.
My instinct is saying apply huge caution.

The rate of fall appears to have slowed down. No clear buy signal yet and still exposed to political risk. Still have low volume.
Still think there could be something in this if the finances are in order and if there is indeed a positive cash position.

All good thanks Bill.
Not sure that Coltrane were all that serious, had got themselves into an terrible mess going long at IRV. The whole "voted for Trump" comment at the EGM suggests to me they just wanted to salt the earth. To this day can't understand how they got it so right will CLLN yet so wrong with IRV!

"There won't be much left of the UK construction industry. Still, we can always rely on the French to look after THEIR industries and, when UK construction is no more, they can come over here and give .GOV (i.e. the tax payer)"

This is the problem in a nutshell. HMG can't increase margins whilst directors collect huge bonuses (CLLN and IRV) or when shareholders are rewarded with increased SP value (Persimmon) at the taxpayers expense.
HMG are totally hamstrung.

Bill, hi, good to see someone here who has learned from the IRV debacle.
Hope you are well.