Member Info for russ1983

Stocks to watch: Investec, Casino, Hurricane Energy, Keir, Enquest - https://www.ft.com/content/a03c4f38-b7f9-11e8-bbc3-ccd7de085ffe

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share Kier Group, the construction services group, climbed after house broker Liberum set out a 10-point rebuttal to recent criticism of its growth strategy, leverage and accounting methods. Keir, which has around 10 per cent of its shares on loan to short sellers, delivers full-year results on Thursday.

“Are the bears on to something, like Carillion, or are they setting themselves up for a short squeeze, like Ocado?” asked Liberum. “Given the amount of gratuitous mud that has been hurled at Kier recently, it is inevitable that some of it sticks. They are a UK domestic. They have been a large user of exceptionals. They have benefited a little from acquisition accounting. But many of the bear points are plainly ill-founded; notably around construction cash and the joint ventures.”

much better construction data out this morning

Construction output rose 0.5% in July, the biggest rise since last December

"I really don't get the declared short level being over 10%"

its working for them though, as the share price spirals towards new lows, so might as well stay short

Times says avoid petrofac in todays business section....

https://www.thetimes.co.uk/article/pouring-oil-on-some-troubled-waters-323v83gxv?shareToken=9784438e3beae66aeb167fc2c764ba0c

buy on dips

true even if they had to scrap the special div, at 1.50, yield would still be 6.3% (assuming 2.9P interim+6.4p interim)

i`m still holding like I did with Next as it generates alot of cash and only need some improvement in the sales growth to stop the rot in the share price i think...

yep its Berenburg`s fault today

Card Factory Plc : Berenberg cuts price target to 150p from 190p * Card Factory Plc : Berenberg cuts to sell from hold

Oh dear 1.78...a new low Not sure what to do here as yield is insane but investors pricing in they can't maintain the special

I couldn't find any positive news that would mean it goes up by the dividend rather than down by approx 70p...

Why did we even go up on ex dividend day! (Ex div today)

BUZZ – Capita: among top UK midcaps after Jefferies upgrade

* British outsourcer Capita's shares up ~3.5 pct after Jefferies upgrades co to "buy" from "hold"
* Jefferies says although remain cautious regarding UK outsourcing, CPI's Software division has a brighter revenue outlook and 200 mln+ pounds FCF is achievable
* Broker says post-interim share pull-back has removed initial euphoria and shares now trade on a 10 pct recovered FCF yield
* Broker says Software division may be Capita's differentiator; says division has attractive FCF characteristics and can grow overseas
* 6 of 13 brokerages rate the stock "buy" or higher, 6 "hold" and 1 "sell" or lower; their median PT is 152.45 pence
* Among top 3 gainers on FTSE Mid 250 index

Every trading update there's a fall in sales growth and full year profit estimate...so I assume we'll head down to lows at open...

someone else thinks they are cheap...i added a few more at 1.20 lows

BRIEF – Janus Henderson Discloses 5.01 Pct Stake In Capita – Filing
10:13 Aug 8 (Reuters)