Member Info for Metamorphosis84

I can assure you I won't be losing any sleep over that rather unusual threat!

Nickel Today 10:03
"So far, the call has been spot on....."

Also Nickel

"05 Mar 2020 14:29

I was thinking 180s/190s tomorrow. This is the biggest mover in the whole of the index (both aim and ftse) so it's going to attract a lot more attention now. It'll gap up again significantly tomorrow and can't wait to see the short register :)"

Good luck Deemon, you'll need it given that in half an hour your strategy has gone from

"try and get a portfolio built up"

To

"Can't see me doing trades with other companies to be honest"

"releasing capital from property and selling Kier Living is the gamechanger for the balance sheet"

Agreed. Shame that their success in achieving this has been so limited. And now they are saying that the KL sale could be as far away as 12 months. Oh dear.

Goodness, some extraordinary spiking going on on.

Obviously the day traders have done well, congratulations those who have got the timings right.

As regards the long term factors, I thought it interesting that the CEO has warned that the
"frameworks rush is hurting margins"

So all those framework wins that rampers have been posting here, may turn out to be detrimental to the business

Packham, a poor man's Attenborough. Tiresome individual who will disappear when the BBC is scrapped.

I think no brainer takes on a more literal meaning.

Sell off appears to be well underway?

We Proffessor Chuggley, I'll mark this one for 'revisit in a week or so', the experts seem pretty concerned that this could overwhelm the NHS in the same way that South Korea had been overwhelmed.

They have warned that nothing is off the table including significant social and economic impacts

"but why not take the view that it will be contained "

Because the evidence is pointing towards a very similar trajectory to that of South Korea and Italy, ie double figures this week, treble figures next week and quadruple figures the week after.

Since your post 3 more cases I believe? And there is at least one case whereby the source can't be traced. So it looks as though the containment phase has passed.

"I didn't think this was new news. Read about this a while back."

You probably read about it just 7 months ago....

https://www.constructionenquirer.com/2020/02/28/kier-living-boss-resigns-after-seven-months/

News hot of the press

Sadly Dr Gerhart, **** is about to get real with this very nasty virus, which as yet has no treatment or vaccine and which is very obviously transmitted easily.

So if behemoth companies on the FTSE100 are having a hard time, how does one expect a company such as KIE to fare, a company who have failed so far to make the planned disposals?

So the overall summary is exactly the same information as that provided to the market in the rns titled "Strategic review and indebtedness update"

Which was issued on the 17th June, 2019.

So after 7 months they still have the same plan.

The market is going to want to know how that plan is going , tolerant as it has been so far to the lack of achievement in the stated goals and vague statements such as "progressing as expected, in line with expectations "etc etc

Of course debt is a problem! The board itself acknowledged after the strategic review:

"the Group today has debt levels that are too high"

Note it does NOT say:

"the Group today has debt levels that are too high, but that's not a problem"

"Well I don't know all the detail of the debt or where it's at right now,"

Nobody knows the detail, that's the problem!

I see, well I was here pre Muddy's involvement, long, long before, before 500+ post a day. Not that it makes a difference.

You signed up to LSE especially to say that?!

Oh. So what I said in November 2018 about this being iffy was right.
And Muddy Waters were right.
And the 'derampers'were right.
And the SP never got back to 1200 or whatever it was clownandnot out and dopanic were predicting.
Who would have thought it.

My thoughts, it was a dog when I came on here in September to tell the rampers that it was a dog.

It was still a dog in November. And a dog in January when I last posted here.

It will continue to be a dog.