Member Info for Metamorphosis84

Stew, they have most likely read the RNS releases from IRV over the months and drawn conclusions accordingly. Unlike many on this bulletin board!

The Fat Lady is nearly in full voice, this one is a gonner.

The game is clearly up you only have to read the rns from the Interserve board (thats the Interserve board, not the FT, not the BBC, not Metamorphosis84, the Interserve board) 23rd November: "The Board is working with its advisers to look at all options to deliver the optimum capital structure for the business to support its long-term, sustainable development. This process includes options to bring new capital into the business and, as previously announced, progressing the disposal of non-core businesses." If that isn't Debt for Equity then what is it? What half wit would ignore would ignore this rather obvious information? I notice Fate and Eodfire have gone rather quiet on this bulletin board.

Buy, but, but, the they have financing in place until 2021? Fate, Bandit, Eod, please can you confirm that everything is hunky dory and this is just the works of those naughty de rampers. Thanks

What a rise, all the way to Mondays close. Congratulations everyone who has made lots and lots of money today

Don't worry for me, this one of a few super day trades to be had!

Ha ha it is wonderful news and thank you for sharing

Why the need to be so coy!

2 international sales that the BOD must be keeping quiet about.

Another good trading opportunity? Almost to good to be true.

Trek, hi, I think many see HS2 as being a Keynesian project to push the construction industry, but already, the project is going over budget and the government aren't prepared to plug the gap. If they won't plug the gap for existing projects, what are the chances that they will green flag new projects on sustainable margins. I agree that this is what the sector needs, but I don't think it is what will happen.

Better than expected profit this year [profits in line with expectations]
Long term funding security until 2021 (something Carilion never had) [50m payment due in February]
Reasonable assets - 50 plus non core businesses that can be sold off if needed [why not sold yet?]
Most audited company in UK - all bad news out there [is it?]
Efw will be finally exited in Jan 19 [says who?]
Insurance income not accounted for on balance sheets
Strong position to renegotiate loans [lol]

A smashing day trade opportunity

To address the "if" about Aberdeen, you want evidence for that. Try looking at the Trading Statement 7th November released by Galliford Try "As a result of higher than anticipated direct costs, and the further delay to completion, our estimate of the final costs to complete the contract has increased by approximately £20m"

Keep the shareholders happy with a big dividend, get the bonuses in the bag and watch the SP sink. A familiar gambit.
No one much taking notice of this right now because eyes are on Kier.
My question for this share is that if the RI to cover Aberdeen was not sufficient and the SP has since dropped, how are they going to raise more cash?
A future divi cut looks pretty likely wouldn't you think?

Thought it would unravel quickly, but not 27 minutes of trading. Disaster.

Maybe a buyer can't be found for that volume of stock.

"I wonder how many companies out there that are as big as Interserve but with a very low SP? There can't be many." There can't be many with £650m debt.

Difficult to know what the motives of any shareholders are at the moment. It does make me wonder who is loaning shares out to shorters, someone must be? Or maybe a Debt for Equity would favour them somehow? Bit of a parallel with Mike Ashley at Debenhams, he owns 29% of voting rights there and I notice similar questions on that board.

Ha ha, you voted for the remuneration at the AGM didn't you? And as I remember was towards the front of the queue to bash me down on the 'shareholders revolting thread' Take it your strategy of buying every 3 months no matter what has been abandoned along with the strong buy recommendation.