Member Info for my2penneth

The SFO issue has hung over PFCs head for 18 months or so. I believe PFC have been building funds in anticipation of a fine. They should have fessed up and cut a deal with the SFO but maybe at the time didn't have funds in place.

Pity, as a long term holder of pfc shares I was hoping for a better outcome.

I'm surprised that the unions win against Hermes didn't positively affect RMG. Whereas RMG pays pensions and NI, Hermes got around that by using " self employed" people . Hopefully we will start to see the profits at Hermes drop and they'll put their prices up to compensate. Maybe the playing field will be levelled up a bit more?

RMG can quite easily afford to maintain the divi. I would not expect to see it cut.

Strange..would 24 hrs make that much difference. Perhaps they forgot to check the date using a calendar. Thurs is an unusual day to report.

Dont forget who caused the problems in the first place. Under his watch his actions totally 'f'd'Interserve.

Has he still got his cosy job at Syrinix ( or wherever he bolted to?)

Following on from below.. I see Norweigan Airlines ( which is in a mess) is not going to taken over by IAG...their share price fell by 15%. Just shows imho that there is no logic in the level today's RMG share price fall. Nervous investors must hover on the sell button. ( investors or traders ?)

Balance sheet and pension funds are ok. I'm guessing that the naughty algos were set to destruct mode today. Its RMGs turn for a shafting. Is the negativity because the upper range of profit was reduced from previous guidance... still a profit though. Silly when a company which is setting at low fundamentals and is actually making a profit gets hammered.

Seems way overdone. Results weren't bad.

Interesting to see who blinks first...the underwriters holding 40m shares they need to offload at a loss or the hedgies shorting the stock. Hopefully Mursell holds the divi at a reasonable level and that they put in a good trading update.

Upgrade....well you would issue an upgrade when you've just underwritten a RI.

I commented on Mities CEO sticking his hand in his pocket to buy shares. I see that Teagle has now done so, GFRDs Chief Executive, Partnerships and Regeneration.

Well done to Mities CEO sticking his hand in his pocket to the tune of £200k. Come on Mr Truscott, your turn!

Well done to Mities CEO sticking his hand in his pocket to the tune of £200k. Come on Mursell, your turn!

We look at how much the share price of both Kier and GFRD have fallen...but so have a lot of other shares..look at LGEN, or even Aviva ( both were/are rolling in money). The only people making money are hedge funds.

It's a bit naughty to publish such an article on a weekend. They (IRV) need a cunning plan and quick , otherwise .....

This "living will" malarky worried many people....however if you were in charge of IRV. would you help the government after their demonstrated non -support for Carillion?..I'd drag my heels.

Ringrose left this company in a mess. The situation not helped by IRVs repeated failure to state costs on EfW. Their programme management skills come into question.

LEJOG...are you waiting for a lower price to buy in or are you simply wasting time cruising these boards ? Seems to be a strange hobby? I cant see any reason why you are here...are you providing a public service?

You don't really think that private investors really have much say in the share price movement buying a few thousand shares.

As I said, a strange hobby.

Well, Mursell reckons the shares should be worth £6 ....lets see if the directors snaffle up these gems!

https://www.building.co.uk/news/kier-boss-says-right-issue-cash-removes-debt-shadow-from-firm/5096862.article

Lejog...the rights issue has been FULLY underwritten. There are no ifs or buts...it HAS been fully underwritten.

https://news.efinancialcareers.com/uk-en/329892/balyasny-layoffs

Oh dear, what a pity, nevermind. Smirk mode on. Maybe the hedge fund managers should short each other?

I wouldn't worry about that when the share price has been crucified so much...

Seer, that £1,1 m was the uncrossed trade ( UT)...just ignore it in terms of buy / sells. After 4:30pm, traders with Direct Market Access ( paid for facility) have 5 extra mins to make offers to buy/ sell (rules apply to stop silly offers)
At 4:30 there are buy/ sell orders on both sides of the book. The computers try to complete as many orders , starting with the biggest values. Once this period of time has passed, the computers derive a closing price for pre opening trading approx 5 mins before 8:00 when we start trading.