Member Info for Retour_du_Renard

Auto - Thanks. Looking for roughly the same but would like to see some statements around a dividend or FT100 inclusion. Some baubles that could see us go into 4 numbers. It’s copper’s year so they should relect it.

When you read the RNS you realise that they are trying to be diplomatic without looking too disinterested. Like a lot of companies, they are probably looking at a few options but unfortunately this one got leaked.

Clearly the SP is being messed around with under the guise of the copper price softening and there were a number of large buys going in after hours which is always a promising sign. What are folks looking for in the FY?

Guys - Personally I think the RNS was put out to quash some rumours (maybe on Russian sites) about a potential purchase. The rumour may have been spread to try and drive the price down due to the dynamics that Harrian has suggested but something made the SP jump last Wednesday. The RNS is worded is such a way as not to totally dismiss the idea but I would be hugely suprised if anything has materialised. Due to the fast recovering price of Copper and an excellent production report I too would be disappointed not to see some debt reduction. Also in order to platform the SP they do need to consider a modest dividend soon as this will drive their Mcap and inward investment.

Guess which company, guess the date. '"The Strategic Review that we launched in July has enabled us to get a firm handle on the Group's problems and we have implemented a clear plan to address them. Our objective is to be a lower risk, lower cost, higher quality business generating sustainable cash backed earnings. In the immediate short term, our focus is to complete the disposal programme, accelerate our action to take cost out of the business and get our balance sheet back to a place where it can support Carillion going forward. "No one is in any doubt of the challenge that lies ahead. We have made an encouraging start and the ambition is there to build on that progress. At the heart of this company, there is a strong core. Supported by an operating model that manages risk much more effectively and led by a fresh management team with a mandate to drive cultural change, I am confident that a strong business can emerge." Answer : Carillion, September 2017.

Where is the good news coming from? If you are still holding in this stock you only have yourself to blame.

https://www.thetimes.co.uk/edition/business/provident-financial-bosses-sue-over-unfair-dismissals-7qfw3plqd

Just keep living in dreamland tinlid. Maybe you should nip over to the CLLN comment board they didn't listen to common sense either.

tinlid - Really why please explain (pretty sure you can't). I was in this last year and then realised the management had no interest in being square with the investors and so left. I predicted the last trading update pretty accurately so therefore have research investment in this. I was hoping for a takeover but to be honest. I think that horse has bolted. I feel sorry for those who got trapped in at much high levels but like all those saps that ran into Carillion hoping to make a quick 'cinderella' buck so only have yourselves to blame.

Thereisalwaysone - I think you will likely see the group broken up with the Home Lending book sold to someone like Brighthouse or someone with a doorstep collection infrastructure already in place. The other parts will be consolidated into one unit and probably sold to a retail bank with parts cut. Most of the sale price will go straight into the back pocket of Woodford and Investco with the PIs picking over the bones again. PFG has become a zombie company i.e it needs constant cash injections just to keep the day to day going. Growth is distant dream. Keep in mind they have a honking 250m bond due in 2019.

The numbers have stabilised so a degree but the full extent of how many CEMs defected to competitors and the impact of that has yet to be realised. Keep in mind that Q4 is supposed to be their 'golden period' wherein the company makes hay. That trading update did no look like a company making hay. Unless Easter is suddenly declared as 'Christmas II' then PFG are now in a very long and dry spell until Autumn 2018. This is the reality of their business. DYOR.

M2p - She wasn't exactly the CEO perse. She was 'acting executive officer' as there was no intention of her taking the role of CEO. I actually spoke to her in late September as she made that pretty clear. As it stands, they have not had an actual CEO for 6 months.

thereisonlyone - Got out of this stock in October, so this is no skin off my nose. Far better recovery stocks out there now. Stocks that you can reason as to why they are recovering and not some wing and a prayer. The PFG management team had a chance to be transparent but chose to stick their head in the sand. That decision is now coming home to roost.

This stock was 927p on Monday afternoon. I don't think people will be as quick to jump back in like they have on previous occasions when there was still the hope that the new management team could put things back on course. There hasn't been any good news for months and long with increasing regulatory scrutiny, poorer impairment and a business model that has yet to be fixed and the reluctance on anyone of worth to take the helm then the elasticity that made this rebound in August and spring back on previous occasions will probably not be repeated. Compound that with the fear that Carillion has struck into the retail investor market and bitcoin, I don't think people will be as quick to 'take a chance'. It seems Woody and Investco are really going to have to step up to the plate and keep pumping money in to keep this afloat. The question everyone must quietly keep asking themselves is , for how long will their investors patience sustain.

Pauloinson - Like all those at Carillion who thought they were going to get a 4 bagger last friday afternoon. Ask yourself, quite seriously, what is going to make this stock go back up?

Uphigher - The problem is with the RNS it feels like a company treading water and running out of cash. In a week that has seen many people get burnt elsewhere, a distress flare like the RNS is going to make people regress back to cash and not take the chance, especially after so many warning signs. Keep in mind they don't even have a CEO which indicates they can't seem to find anyone externally and no one internally wants to grasp the callice which doesn't play well with the market.

Charts - There will come a point that their holders will question the reason for holding where there appears to be no relief or improvement in the forward picture. There was nothing in that update that stated, we are doing this we are doing that to make things better. If the woody et al get out their and justify their position the contagion could spread throughout their investors.

Charts - I think you (and everyone else) has to ask; Where is the good news coming from to drive this stock back up?

Wrong board there M2P

Coming only a few hours after the Carillion mess, people's view of the company might fall more on the 'limping' side more than the 'recovering' side and could see a retrace as MEM suggested as those with a lower tolerance of risk reconsider. Sure Woody and Investco will go into overdrive to support this early doors.