Member Info for my2penneth

info on the dividend (this is a good website - worth bookmarking).

https://www.dividenddata.co.uk/dividend-yield.py?epic=IAG

£183m fine versus £763m dividend (2113 million shares x £0.1158 ordinary divi +£0.2457 special divi).

Nope - not been paid into my account (today is pay day) but iWeb can be a bit tardy and a few others have not been received neither from the 5th July (Vanguard divis).

Jjjerseygirl - that was the Uncrossing Trade (UT). Ignore it or Google It!

Iraq accounts for about 3.5% of PFC's annual revenue... hardly a major issue.
Saudi, well that's down to our wonderful SFO.

£52m profit on £1500m revenue....says it all. Then theres the £9.8m charge for remedial work on the roof of the National Synchotron facility.. just one m
job wipes out 20% of their meagre profits (the company that built the roof have gone bust ).

These companies (Construction) provide jobs and get things built on the cheap...the directors make the serious money in bonuses and the government is happy that infrastructure is being delivered. They play the game until it all goes t its up.

Sorry but I wouldn't touch Keir...! SAGA will either slowly climb back or might be bought..might see some PE money?

I look forward to 400p min being added on to the shareprice...after all, that's what was knocked off 2 years ago.

"The ship sustained superficial damages, abrasions, scratches and a slight dent. "

A little bit of T-Cut and elbow grease required!

Google " Guardian Unaoil" and look at the dates. Exactly 1 year apart. 26 June 18 and today.

I'm sure AC deliberately mentioned the SFO to try to focus more attention on ending the case. Over 2 years now. The msg is " we are losing work because the SFO cant conclude their investigation "

Which will come first...Brexit or the SFO getting off the pot.....

I wouldn't like to bet on either!

Carnival cant go into Cuba because of Trump ( CCL is dual listed in the USA and UK)....Cuba is very lucrative for Carnival ( US tourism). Hence CCLs recent fall. I don't think Trump has stopped SAGA as they are a UK company.

"They must think this is going the same way as Interserve and Carillion?
"

Yep...I can see their viewpoint.

From the Telegraph.
Kier bosses were awarded significant pay rises even as they oversaw the outsourcer’s descent into a crisis that has drawn comparisons with failed contractors Carillion and Interserve.

Aggregate pay for Kier’s board members leapt by more than 70pc over three years to 2018, from £3.3m to £5.6m. The figures cover both executive and non-executive directors, and include basic salary, bonus and pension payments, plus employee share scheme benefits and taxable benefits as well as windfalls from the contractor’s long-term incentive plan for its executive directors. "

SLA reduced, PAM added and they notified the market on 21st ...last week so the news would be known so I do not think this affected the share price at 14:43 .

Compass007 is correct. SAGA made a profit of 180 million before tax but then offloaded 310m of Goodwill - thus the books say that they made a loss of 134.6m before tax. Goodwill had been balancing the books. Usually a new CEO is the one to point this out so (i) they can blame previous management and (2) set a low baseline for their long term incentive plan - they 'kitchen sink' it.

Looking at the forecasts for SAGA they are predicted to bounce back into profit next year. Note, their cash flow covers the debt payments. It'll be a slow recovery.

The problem with "spirit " is it also has religious connotations ( Holy Spirit). It is also a reminder of ones 'spirit' fleeing the body at death ...! Not sure if this would be a good name change.

How much of the slide is down to Woodford's fire sale of shares?

Brexit...will come and go and IAG being dual listed will carry on.

Walsh sold a bug chunk of shares to pay for his divorce settlement.

Carillion..done
Interserve..done
Kier..almost done
What's next?