Member Info for my2penneth

Bid price 533p (97p spread) someone is loading up!

They'd struggle to short Carillion!!!! Carillion is dead, deceased, it is no more! The shorting levels in Carillion can't be removed until the receivers compkete admin.

Eventually, housebuilders will be able to use the excuse..' well we would build houses faster but for the fact that a lot of building employees came from Europe and they can't get enough to meet your demands Theresa!"

CRST is about 1% by value of my p/f ( so it wouldn't make much difference if it increased/ decreased). I hold TW and BDEV at higher percentages. CRST is quite a bit undervalued. I'm not sure why the sentiment is so poor on housebuiders other than po!itical interference! For dividend investors this is a no brainer. If it stays like this until April ( new tax year) I'll be adding some more. ......I don't think it will though.

If it's a Rights issue it will need to be deeply discounted. This is urgent - you don't mess with HMRC. They will probably explain that they will be missing the payment due and they will be charged accordingly for late payment. Total Fiasco after the update.

"Alcohol distributor Conviviality PLC said that Chief Financial Officer Mark Moran bought shares in company in transaction on Friday. Moran purchased 120,000 shares at 109.00 pence per share, worth GBP130,800" Nearly the correct spelling of his surname! As the CFO he has shown himself to be incompetent. not just for "forgetting" about a big tax bill due (30 mill ain't small beer for the size of this company) and this comes after the farcical update.

Laptop bans...risk? ...it's already happened just last year.

It seems to me that the whole thing is too risky. All you would need is a laptop ban on planes and then there's no point in WiFi on board - loss of sales. Or is this incorrect?

Someone needs to look into what's going on. If you were to look at previous Petrofac postings you'd see similar comments.

The CEO does look like Rimmer (Red Dwarf) in a hairnet! https://imgur.com/gZ7FW0f

W. T. blue blazes F. happened today? Has the Queen bought shares in IRV? Has something leaked (and I don't just mean my bladder after seeing +42%).

The number of shares will increase but the sum of money allocated to the dividend will ,at best, be kept constant. Hence, the overall yield will go down to 6% - that'd be my guess. It definitely will not be 10% because that would mean a much bigger sum of money would be required.

'The global oil market faces a supply cliff edge in the next decade as demand for crude rises faster than US shale production.' https://www.telegraph.co.uk/business/2018/03/05/oil-market-faces-supply-cliff-edge-despite-us-shale-boom/ Well, Jillian, you know what, you're gonna need companies like PFC around then! Perhaps your ' friends' now want you to promote PFC after giving them a good kicking at every opportunity?

Here's the link https://www.telegraph.co.uk/business/2018/03/03/scottish-multi-millionaire-plots-rescue-interserve-quietly-amassing/

Timetable http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/PFG/13546667.html

It'll close at a price slightly above the discount to the TERP is my guess

Obviously shorting Number 1 most shorted company Sole article in the press by the Torygraph on PFG rights issue Article in the Times of an event two weeks ago

26 Feb 2018 08:21 ] LONDON (Alliance News) - The Times on Monday reported the finance head of Provident Financial PLC's troubled consumer credit division has left, citing an internal memo. Shares in Provident were down 8.2% at 603.00 pence early Monday. An internal memo announcing the departure of Phillip McLelland was sent to managers two weeks ago, The Times said, and the nature of his departure "remains unclear". Provident declined to comment and a spokesman refused to clarify whether investors had been informed. Chris Gillespie, the head of the division, wrote in the email that McLelland had "left the business with our very best wishes and grateful thanks for everything he has done". McLelland has been replaced by Ele Thornhill, head of online financial strategy at Provident's Satsuma Loans unit, with immediate effect.

Sunday 4:15pm City AM (and they are usually pretty downbeat on IRV) It was reported earlier today Interserve was �struggling� to strike a deal with lenders, which have been �spooked� by Carillion�s collapse. However, this afternoon a spokesperson for Interserve said: �We do not in any way recognise the assertion that our discussions with lenders on long-term financing have stumbled.�

http://www.telegraph.co.uk/business/2018/02/24/provident-tests-water-500m-rights-issue/ How come Ben knows PFG have been in discussion regarding refinance? Is this insider information or discussions with Jillian and 'friends'?