Member Info for Pugg1ey

'The market has already priced in some kind of disaster. '

there is always money to be made on volatile trading but shares crash in price for a reason

perhaps not...

A positive is that most people had completely forgotten about Oman!

looks encouraging
would be nice to get some actual numbers

I also think someone is trying to offload some shares. I'm sure I saw 380K shares come up on the offer the other day during an auction...unless I'm going mad being a MWG holder...

my post was tongue in cheek as I was trying to get 15p.
This is a pure gamble with maybe 10-20% upside if there are lots of traders trying to make a quick buck but a 90%+ downside. So the risk reward is terrible here.

I've worked it out now. It means when the SP was £3.
Assuming after dilution shareholders are left with 5% of the new company that gives donotpanic's 15p target :-)

good luck with your investment and hope you cash in before the music stops

From the RNS yesterday

'Although the form of the deleveraging plan remains to be finalised, it is likely to involve the conversion of a substantial proportion of the Group's external borrowings into new equity, an element of which may be sold to existing shareholders and potentially other investors. If implemented in this form, the deleveraging plan could result in material dilution for current Interserve shareholders.'

This type of 'expert valuation' always happens with once 'big' companies that end up in the s**t.
If you know your kids TV from the late 70's/early 80's I call it Johnny Ball trading

I think the horse is already in the next field

and how much actual profit is a £25M contract...£1M maybe £1.5M at a stretch but I would guess the margins are less than 5%.

Whether IRV goes bust is another debate. People are spooked as the equity is going to be diluted to f**k all

I see the lessons of Carillion were not learnt...

Disgraceful move. Blaming 'abusive e-mails' is such a cop out.
I thought the permit decision was imminent a month ago.
Clearly the board have f**ked up.

It's a buying frenzy......

Admin costs are a joke for this company.
the loan costs are starting to mount up as well
They'll need another fund raise soon. Depends what price they can get it away at.
Then its down to the business to perform.

what more do you want.....Modern Water has just been given the award of 'Global Partner in Clean Technology'
If that's not worth 10p on the SP then I don't know what is.......

and right on cue Mr 21691 sells out for a £870 loss in under 3 hours....

most day traders don't