Member Info for Metamorphosis84

If house prices are continuing to rise and wages do not, how exactly are people affording to buy without increasing borrowing? Maybe this time it will be different.

Yes PE Ratio of -1.

Doesn't make sense that the SP is so low. The recent financing only increased the borrowing by 196m, from 640m to 834m. And despite difficulty in this company making profits recently, the 56m per year interest at 140% should be pretty easy to achieve and there will surely be some left over for the share holders for a nice divi payment. And yes, the PE ratio is -1, but that shouldn't effect the SP. And the warrant dilution, shouldnt impact the SP. Plus, getting away from EFW contracts is a good thing. There will obviously be no consequences, ok so Pennon might come after 95m, but that is just scaremongering, and to be honest, it isn't much in the grand scheme of things. Why is this not at 120 or 200? Doesn't make any sense.

You have to have belief- this share can be £1 by the end of play.

Not long to go, just a little push and we'll be there

Would be vary wary of this share. Feels very much like 2007/08 again.

There is a small matter of millions and millions to be paid back to creditors before shareholders see anything. Although the confidence people have in this share on this board, you would think a divi would be very forthcoming

Ex dividend 31st March? Of what year? 2025?

To be fair AENJO, you have this share as a buy no matter what the price is, 117, 107, 97, 87, 77, you will keep coming on and saying "buy"! I for one am very glad I didn't take the terrible advice to buy 30p ago. Debt still hasnt gone away, it has grown. Dilution still to take place. Debt for equity still a possibility.

Stick it on the company credit card.

Should imagine the city boys are rejoicing, 117 to 87 in 4 days trading, thats 25%, shorters really enjoying themselves out there. They too will be hoping for more news to create another bubble, the perfect opportunity for opening new shorts.

Euphoria has died off, again. Basket case share. The only winners from this going to 117 has been the shorters.

Where will this go if it can't find support today?

Not deramping, an observation of the entire stock market worldwide. DOW Jones Ftse all sliding steadily since January. That isnt a matter of opinion, that is fact. You think a debt ridden company like Interserve are going to buck that trend? This is O-Level economics guys.

It was never going to jump straight to 120-150 straight away as I pointed out last week, even good news would see profit taking which would keep this down. Appears stuck at 95p. It is pretty simple to see why it hasn't shot up- the company now carries more debt than it did 3 days ago. That is going to put investors off with no chance of dividend in a sliding stock market. No one is going to want this debt donkey share stuffed in their trousers come the inevitable crash. So glad I didn't take that terrible advice to buy at 117

I have a long position on this so it is pleasing to see the SP up this morning. Considering the news this morning, less profit and difficult trading, it seems counterintuitive that the price should go up. Can anyone explain why this is?

Goodness me I am glad I didn't take that rather poor advice to dive in first thing in the morning! 117p in an auction would have been disappointing when later traded were to be had later in the. Didn't quite make the heady heights of 120 and certainly not 150 or 300. No new Rns to boost things off either. Will be interesting to see which way this goes tomorrow.

Telecomms have been taking a kicking as has everyone. FTSE 100 has been sliding since the peak in January. Dare I suggest that the equity markets are on for a sustained downward slide? Helmet on.....

Alas I have lost everything with the huge short that I had placed on here. My house, car probably wife and children. My life in tatters. But most of all and above else I have lost my dignity. There is nothing less undignified than losing an argument on the internet. On the other hand, a broken clock is right twice a day. And I am sure you know the phrase about winning an argument on the internet. Good luck to all, just remember your profit is only on paper until you sell. Ps. - the thing about losing everything isnt true, as i said on my first ever post i had a long position once but bottled it a while ago, never had any short positions open.

So nothing commercially sensitive discussed. Except for: "talks with financial stakeholders are going very well and are almost at completion with a good result expected. No equity raise happening at this time and unlikely to happen until at least next year" Can you confirm that the above was or wasnt said or is it all guesswork?