Member Info for Raleigh

Profit, for digital and consultancy.
https://www.constructionenquirer.com/2020/09/14/problem-jobs-cause-92-3m-loss-at-costain/

https://www.theconstructionindex.co.uk/news/view/merchant-sales-grow-9-year-on-year

Thank you.

I take no pleasure from watching the price - but there is no reason for the decline other than somebody wanting out. But following the company as opposed to the price, I am pleased with the update and confident outlook. In a healthy sector and recovering from a very poor showing, there are reasonable grounds to believe the next update will be sound, and prove attractive to investors.

Thankyou for mentioning them on Tuesday. Relatively quick trade for me - my longer term in the sector is here.

It would be bad form to pay dividends to shareholders whilst still retaining taxpayer funds.

https://rcimag.co.uk/people/sig-announces-two-exteriors-branch-manager-appointments

https://www.reuters.com/article/us-usa-emirates-f35/uae-signs-deal-with-u-s-to-buy-50-f-35-jets-and-up-to-18-drones-sources-idUSKBN29P2AO?rpc=401&

https://rcimag.co.uk/news/construction-bouncing-back-despite-w-shaped-recession-and-recovery

Yes. Down pipes and things, but closer to Sig than Kier. Listed - up 20% so far.
https://www.insidermedia.com/news/midlands/profits-increase-significantly-at-building-products-supplier

I post what comes along, mostly. You are correct in my view. I do not think it has, or will have an impact - and construction industry leaders will do their best to get around difficulties and work with the government to take advantage of the support for the sector.
But the price continues to dumbfound, despite the last trading update and very positive outlook. That is why I have 'come around' to there being a determined seller, for whatever reason. In the nature of things that will end sometime - and we can then make up the progress.

This seems to be the background to it.
https://www.mylondon.news/lifestyle/travel/london-underground-overcrowding-could-force-19648342

It is not a promise, but indicates a determination, lacking in other sectors, to keep construction open, except in a last resort.

https://www.constructionenquirer.com/2021/01/18/government-confirms-no-threat-to-shut-london-sites/

Agreed. I have been waiting for the entry to disappear, out of interest. But there you go.

I do not make anything much of it, but for what it is worth, there may still be this.
https://shorttracker.co.uk/company/GB0008025412/

Construction is strong. Contrast with GDP.. Overall GDP fell by 2.6% in November but construction ouput grew by 1.9%. ( I cannot now get Decembers easily, but similar to November )
I am coming around to the notion of being sold down, as others have suggested.

https://ukdefencejournal.org.uk/pentagon-and-lockheed-agree-1-28bn-f-35-sustainment/

You are welcome. It is difficult to take a constructive view beyond the RNSs - and there is room for it to trade higher.
Success of F35. https://www.realcleardefense.com/articles/2021/01/16/despite_hard_times_the_f-35_program_demonstrated_stellar_performance_in_2020_656776.html

Unless anyone has reason to know better, the guidance in that:-
https://www.lse.co.uk/rns/BA./half-year-report-rhcboq2pr38elbw.html

Updated in that:-
https://www.lse.co.uk/rns/BA./trading-statement-xe28qj7zach280f.html

And that:-
https://www.lse.co.uk/rns/BA./notice-of-results-rs22983k9viz85j.html