acsatix
12 Jan 2018
Re: How many years profits will turn out to quite many. and just think this... divi was greater than current market cap... a real joke. but see till we do not see some of these boards go to jail for 20 years without parole funny things will keep happening... the issue is not failure of a company, it is cooking books... or paying di is out of debt....ponzi schemes.... bernie madoff business.... the law and order fails to apply to corporate crime....
LifeInPlastic
12 Jan 2018
How many years profits will turn out to have been fictitious?
acsatix
12 Jan 2018
Re: Any hope indeed not all debt will be converted but what we do not know exactly is what is the real cash need of this company which ultimately will determine the capital required.my gut feeling is they need north of 1 B. this means most likely we will have a 90 % dilution.... or so.
pyueck
12 Jan 2018
Re: Any hope Yes seen this, no idea what the % will be but if its a 1:1 debt for equity swap of all the debt it will leave existing shareholders with a very small % of the company. However I doubt they would convert all their debt for equity and I think the banks will not get 100p in the pound translated into equity. I heard (although cannot find a quote) that this week the debt was trading around 20p in the £, so bondholders can't expect to convert the debt at face value.It's clear there is still very real risk of the talks collapsing, but talks are ongoing and I think they will agree something (I may be proved very wrong!). In terms of this as an investment, well clearly it's a total finger in the air. Yes there will be significant dilution, but if the company can really be turned around it's better to own 10% of the company than it going bust. The shareprice has in my opinion already reflected a major upcoming dilution. No idea what share price will do Monday, in some ways the worst fears of a collapse over the weekend i don't think will now happen but on the other hand it's now clear that a huge dilution will happen if a deal is done. But is that news, I could have told you that after the November horror announcement.
acsatix
12 Jan 2018
Re: Any hope if you can call this hope here it is[link] assume significant dilution may be 90% or so so it means one can hang in there at these prices and hope for a long term recovery as the shares will recover....selling now is not wise unless significant dilution means total wipeout....
weirdsister
06 Jan 2018
How does this crisis affect a carillion PFI school trying to convert to an academy and join a MAT?
dd4cc
13 Jul 2017
not only CEO but Finance head should also resign, Either Pure ignorence or Ego of CEO/Finance team they are in this position because even without £845m warning they were in bad position they should have call Right issue when share price around £2.2
dd4cc
13 Jul 2017
they already have £440m in cash . wht they need string cash mangement. exit from non-core business as they said in statement. once news regarding this 2 issue come up , short will get closed.share will start move up .so it is wait and watch game
dd4cc
13 Jul 2017
wht they need is 25% of those 1+ b£ receivable.
BronzeSerpent
12 Jul 2017
Not so sure, might be a bit high even
BronzeSerpent
12 Jul 2017
Short @ 40?
