Member Info for russ1983

Down 20%..wtf

Is it that bad they came in at low end of estimate?

Shares will get smashed at open with a poor update. Profit at bottom of range

Havled since I 1st bought them but have been averaging down

It seems overdone. From The % size of the drop you would assume this was a big profits warning like Halfords reported a huge drop in profits yesterday and had a similar drop to card...

But it wasn't a profits warning. They are in line...

Card is never going to be a super growth business and bought it because of its high cash flow and ability to pay dividends. Unfortunately not much has changed except a small decrease in profitability yet the share price has halved...

I topped up just above 1.60 this morning. I knew it would get destoryed as usual on some ok update, so quickly logged on and bought some.

even if they don`t pay any special dividend and paid down some debt, the income yield is still 5.8% at a price that low (9.3 div/1.60)...

funny how this board is quiet, now we are having big up days now...

where are all the people who were saying its going to £3 etc?

signs of life....not sure why suddenly kicking higher...but sit long

went to card factory earlier, absolutely rammed as usual. they put 5 people on checkouts to try and get the queue down...

even if we don`t get any sales growth, they should at least maintain what they did last year with same store sales numbers I think (unlike some of the clothing/fashion stores)

luckily I haven't taken up the rights issue yet. Was going to wait to see reaction to Theresa Mays deal being rejected but with interserve going to the wall, it looks like we'll get a much cheaper price now.

BREAKINGVIEWS – Kier banks face spectre of HBOS – style flop
13:09
(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.)

By Aimee Donnellan

LONDON, Dec 5 (Reuters Breakingviews) – UK bankers are getting a mini flashback to the drama of 2008. Construction group Kier’s share price is hovering above the level at which it needs to issue new stock. Further falls could leave underwriters with shares, a rare event since HBOS’s rights issue during the financial crisis. It’s a sign of how challenged the outsourcing sector is.

UK outsourcers are not as troubled as banks were in 2008, but they are still in a tough spot. After the collapse of Carillion in January, lenders were reluctant to keep lending to the sector to avoid another painful writedown. This has left companies like Kier, which looks after highways and collects bins for UK councils, with no other option than to tap investors for fresh equity.

The sudden 264 million pound rights issue seems to have spooked investors. Kier’s share price has fallen 37 percent since the rights issue was announced on Nov. 30, and on Wednesday morning was just 4 percent above the issue price. It even fell below that level on Tuesday. If it were to keep falling, investors may not want to take up shares at a higher price than they can buy them in the market.

The underwriters – Numis Securities , Peel Hunt,

Sudden rise..Looks like I might keep the rights as well...

Just bought at 3.92, so might as well sell my rights at 4.09?

looks insane valuation now (IF they don`t go the way of carrillion or need more funds), with adjusted P/E below 4

they`ve paid 110% premium?! ...why pay so much for it

a buy signal?

https://citywire.co.uk/wealth-manager/news/woodford-cuts-losses-on-capita-after-torrid-three-years/a1176849

She popped 5% then lost nearly all the gains surprisingly...

tempted to buy some more now another uncertainty cleared up

the rise is more to do with hopes about brexit and rotation into british companies, than to do with the Vanquis MD
look at the housebuilders, itv, capita, lloyds etc

don`t watch the price, i bought some on friday and a lot more this morning when she tanked. but have to try not to watch these daily swings...the results weren`t great but the share price should still be back up at £7+ & look forward to the dividend restarting

Isn't that a double hit of bad news..given woodford buying is a sell signal these days!

what is going on? just picked up some for 5.84 as well