Member Info for Metamorphosis84

Sorry, I know you are very touchy about Carillion and wish it never happened. The point is that taking the blurb from a twitter page and then just going "nuff said" is beyond stupid. How many companies out there describe them as "world class" "innovative" "sustainable" and so on. I mean seriously come on what company is going to say "we're riddled with debt, haven't made any money for 2 years and you wouldn't want to join us because we are making 1500 employees redundant"?

Pete, i do think time is being wasted chasing this share, yes. And money too. There are a lot of people who see this being an attractive "get rich quick" share, but it hasn't turned out that way, thats why we keep seeing the "it will soon shoot up to [insert prediction here] soon" brigade. There are even people who have this share and this share alone in their portfolio. Now we are all trying to make money and there is nothing wrong with having a few risky shares, the rewards can be great. But indulge me this, if an investor had £20,000 in IRV in February, when it was 80p, his investment would still be worth around £20000 now, maybe a bit less. All that time he has been worrying and hoping that Irv will turn and go up. Another investor had put 10,000 into Irv and 10000 into BP at 450p and then sold his BP last week at 590p, he would now have the same money invested in Irv and 13111 cash. He could then invest the 3111 in Irv and the 10000 somewhere less risky. Which investor is the successful one? The bottom line is that buying shares in IRV is not investing it is speculating or gambling. I dont include the poor souls who have come down from 300 or higher who are averaging down in that assessment btw.

Ha ha you have been taken in by a load of drivel on Twitter, pretty sure Carillion boasted of making a better future for Britain or something, days before they collapsed

Brutal hatchet job done on outsourcers in general and Capita specifically by Mr Corbyn in PMQs today.

The government arent going to free up money to increase PFI margins. This has been pointed out before. In case you need more evidence, here are questions thay were put to the PM in todays PMQ by Mr Corbyn; source BBC "In 2010, £4bn of NHS services were outsourced to private companies - how many is it today?" Jeremy Corbyn says that whilst NHS budgets have only increased by 1% in recent years, the period has been "jackpot time" for the private healthcare companies In his third question, Jeremy Corbyn asks the prime minister about the NAO critism of the Capita contract with the NHS, telling the House it put patients at risk of serious harm. He accuses the Conservatives of "tearing up" the founding principles of the NHS and putting "private profit before public service He says the Royal College of GPs has complained of a "long list of failures by Capita" and "GPs are leaving the profession in despair" He accuses the government of opening the NHS to more "profiteering" and demands the government acts now to end the "ciphering" of the NHS funds it needs. You really think the government is going to risk pumping money into PFIs where directors get 125% bonuses?

Goodness me, intensive care clinician, financial advisor and now bard! Doth thou talent know no bounds?!

Ha ha Gregbot, said yesterday it would break 80 and monday, and saturday...... Another one that has been so wrong so often that will almost certainly be right this time

The only thing that gives the docs credibility is that because every single price prediction has been wrong so far, the law of averages says that this time he must be right. Of course, the scenario could play out like this; Interserve, a loss making company makes further losses, for the third year running. The AGM turns out to be a formality of election of officers, ratification of bonuses etc, and has no play on the financial aspects. Furthermore, poor weather in the first quarter of 2018 result in further losses. The government in fear of being seen to reward directors with 125% bonuses are reluctant to increase spend on PFI's, or worse still, a snap election called by a floundering PM results in the election of a Marxist-Leninist government. The unreliable boyfriend at the BOE finally relents and increases the interest rates, putting pressure on IRVs borrowing. The reduction in sp turns out to be nothing to do with a cycle, but instead IRV get caught up in a sharp correction, following the world equity markets reaching record highs. Looking back, investors might be thinking why did they speculate on this? See this analysis is easy, anyone can do it.

Doctor, please, there is no need for unpleasantness, there is enough of that on this board as it is. So lets stick to the facts, not your feelings. I have no information regarding delays, other than what my contact has informed me. For all I know they could be wrong, I just thought it would be good to ask if those construction managers might be able to shed some light, that is all.

CATD8, I have heard from one of my contacts in the Midlands that the finishing touches to the project including the dismantling of a crane were due to be complete by May 13th. I have researched this and indeed, the DNRC website confirms. According to my contact, there is still a tower crane on site, suggesting that things are not complete. Hopefully one of the construction managers here can confirm the status of this project and put pay to any investor jitters that there might be overruns. Thanks in advance for the positive update.

Thinks are changing for the betterment of employees. At least the ones who arent being laid off.

Another contributor who works for the company and has the time to post on bulletin boards.No wonder the company is having problems.

TLW, in your view do you see those sales as being reflected in the current price, or is a further adjustment down likely? This does feel risky, but I am seeing it the way BP was 8 weeks ago, if this this share is undervalued there is a lot of money to be made.

What a chaotic turn of events. What is this, a football club or something?

I have a small part of my portfolio here. Because there is no dividend, I find it difficult to see the incentive to buy more shares. It feels like I would just be speculating on a further increase, whilst consolidating the gains made into cash seems to makes more sense. Are there any strategies that can be employed to see a return of the investment?

Proper good scrap going on today the graph looks like the Himalayas.

Hi Hodjie, took the opportunity to top up after the RI. GFRD were unfortunate to get mixed up with the Carillion fallout as they are a well run business, but the SP has recovered well since, resistance seems to be at 950. A positive trading statement would be good, my only concern is that as with everyone in construction, they may have been hampered somewhat in Q1 by the weather.

Al75 thanks for the link, an interesting piece of analysis. For me the divi is just too tempting and at this price could provide some good returns. Will be interesting to see what happens.

The Government can't increase the margins that they are paying to Interserve for PFI contracts and here is why: The Directors are receiving 125% bonuses. That is an open goal for Her Majestic Opposition, who will just cry "why should the public be funding 125% bonuses" Its something of an insoluble bind. Again, where is the evidence that IRV are writing contracts with increased margins? Evidence, not potential?

Thanks for the financial advice Doc, must be difficult being a full time intensive care clinician with foreign holidays every few months, to follow all the ups and downs of the Interserve story, but you do it well, no doubt scalpel in one hand smart phone in the other. Your analysis is sound, an increase in margins would help IRV trade their way out of their massive debt. Forgive me if I point out that such a statement is sort of stating the obvious. The real question is this; what evidence can be provided to demonstrate that these magical high margin contracts are being written?