Member Info for my2penneth

Peeky....it might be worth reading the comments to the article which includes one from the editor. This comment in CN was made anonymously by an ' ex employee". If there is no name / organisation attached to a report then it's probably hearsay or someone with a motive ( a shorter?) Or possibly a vindictive ex employee ( sacked perhaps?). The article was probably started by a hedge fund shorting IRV...they want the investors to make the link to Carillion who also took a policy of delaying payments ( the so called red flag for the hedgies).

GFRD stepped in to help on the Lincoln Bypass after Carillion folded to keep things going. I'm guessing they want to continue with the work but NOT on the same deal as Carillion had negotiated! However the council wants the next contractor who gets the work to contract on the same basis has Carillion did! That ain't gonna happen !! Todays announcement gives GFRD the perfect excuse to negotiate a better deal or simply walk away. Who else will take on ANYTHING at the 'Carillion price' ?? http://www.constructionenquirer.com/2018/01/23/galliford-try-takes-over-from-carillion-on-96m-lincoln-bypass/

81 million shares in issue. Todays drop of �2 more or less accounts for the �150 m !

How long will it be before the 'man on the street' realises that Labours plans to renationalise EVERYTHING will not lead to price drops for water/ electric but it definitely will affect their pension returns? The utes have been a high part of many a pension fund for their high dividends. How will the pension funds find alternatives? So, the message is .. Expect an even poorer pension!

Isn't the sell off of all the utilities as a result of what would happen to them if Labour were to get back in power?

You.sold.your.automotive.battery.division? WHY?

Who knows what JTI are thinking - they are not going to come out and say they're interested otherwise they'd force up the price. Bats has fallen from 51 quid to 44 quid in a single month and it is generally reckoned that BATS under 50 quid is 'not a bad price'. I also note that JTI dropped from 3695 (24 Jan) to 3200 today.

Financials look fine...free cash flow is very good...I can't see anything to worry about there ( as evidenced by the dividend trajectory). I can't see why someone would buy a bond when they could effectively by a 7% yielding bond proxy. I guess they are listening to Terry Smith ( he sold out of Imperial) and are spooked because Woody holds IMB and his recent track record is not that hot. Oh well, I'll continue to buy to my portfolio limit percentage for a single company. Goes XD on 22nd Feb.

Once again the Telegraph is scaremongering regarding Babcock's shorting levels (4/2/18). The articles they write are becoming increasingly provocative (look at the ones they write regarding Petrofac...1.6 billion fine , never get any more work - it's all been complete boll ocks). The Babcock pension fund at end of March 17 (JLT Employee benefits report) indicated that the pension fund was running at 98% funding level (liabilities v assets). The fund was 105 million in deficit but the company contributed 77 million. The dividend paid was 133m. So - doesn't exactly look a problem imho!. Of course, cynically the Torygraph relies on clickbait articles to get people to view the web page and thus be bombarded with adverts.

As they say ..DYOR. Mrs Whites first update was 14 Sept after taking the CEO role at the start of September. The annual report 2016 was published 30 March 17 so expect similar this year.

The "new" CEO has already kitchen sinked it on 14 September....she ain't gonna get another opportunity. This kitchen sinking in September coincided with setting her baseline for bonuses in the future. The next day her hubby bought 65 thousand shares. He bought at 76p . This drop in share price is nerves and a reaction to Carillion and Capita.. The next update is end of March ( I had this from IRV investor relations who I contacted,).

If the CNA divi is trimmed then the CEO has lied. He said that the divi would be maintained....for a while.

I just saw an advertisement for Vanquis Bank on daytime TV. Obviously got sufficient cash to pay for TV advertising. I've not noticed these ads before.

Trying hard to compete with CPI for share of the day.

Snige...by the time this all plays out the government will wish it bailed out Carillion. The tax payer will be picking up the pieces.

As Marco67 says below...a stupid management error. This has given the shorts the incentive ...they'll short this now for billy-o. It's way too easy .

"While trading conditions have been tough for Interserve, it seems to be implementing a number of self-help measures which are expected to lead to rising profitability. For example, it�s in the process of cutting costs as it seeks to become more efficient. This could make it a more competitive and flexible entity able to generate rising profitability. In fact in the current year, the stock is expected to return to growth with its bottom line forecast to rise by 23%, and by a further 33% next year. " Q: Are they talking about the same Interserve - I thought you couldn't have 2 companies with the same name?

They didn't suspend Carillion.

PFC not PPC...can't edit on this stupid site.

PPC falling 250p?