Re: Nobody Cares Thank you for your responses.I have rarely had the courage to jump ship.And I doubt very much that I will find it here!The absence of any large number of 'disclosed' shortersgives a little hope -- but that may simply be wishful thinking on my part. Anyway- Out of the ashes of disaster- grow the roses of success !!
Re: Nobody Cares I've just sold all mine. My experience shows me (sometimes wrongly!!) that by the time the divdend gets to this level something I don't like will soon happen . . . . .
Re: Nobody Cares Pearlsasinger, I care and have been keeping a close eye on this one with a view to topping up.....maybe. Luckily, haven' t dived in yet whilst it continues to plummet.A difficult one, but , on the face of it the near 10% yield looks tempting. However, beware, what lies beneath!
Nobody Cares SP down over 20% in a month.Still no clear quantification of Carillion effect.Nobody cares.(holder)
Quiet here..maybe most have dumped their shares. I'm a long term investor and don't see a reason to take losses, its not another Carillion so don't know why the price has suffered so badly but I'm still holding for the generous dividend and eventuall sp north of 15. Only wish they'd consider selling off the construction part of the the business. Even their ambitious target of over 2% margins on it are poor and might not be achievable. I want them to keep their focus on reducing debt and increasing the dividend cover to x 2 then the sp will fly.
If not shorters responsible for the big drop then i cant make sense of it. Maybe just stop losses being triggered, Also maybe a possible dividend cut is being priced in.
Re shorters Shaking out the weak?
Small increase in shorting Disclosed positions now total 0.73% (17/01/2018)However one year ago the disclosed short positions totalled 1.9 %(approx.)
Galliford Try plc 31.1% Potential Upside Indicated by Liberum Capital Posted by: Amilia Stone 18th January 2018 Galliford Try plc using EPIC/TICKER code (LON:GFRD) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Liberum Capital. Galliford Try plc are listed in the Industrials sector within UK Main Market. Liberum Capital have set their target price at 1550 GBX on its stock. This is indicating the analyst believes there is a potential upside of 31.1% from today’s opening price of 1182 GBX. Over the last 30 and 90 trading days the company share price has decreased 68 points and decreased 171 points respectively. The 52 week high for the stock is 1592 GBX while the 52 week low for the stock is 1134.72 GBX. Galliford Try plc has a 50 day moving average of 1,231.11 GBX and a 200 day moving average of 1,296.17. There are currently 82,891,686 shares in issue with the average daily volume traded being 261,095. Market capitalisation for LON:GFRD is £977,292,978 GBP.
Liberum capital have 1550p target
The falls overdone in imo. Id be topping up if i had the spare cash
Clear as mud. Uncertainty lingers after yesterday's RNS.Uncertainty opens the door to shorters.Hopefully Galliford will work hard to give full and accurate information tothe market as soon as possible.It is not a situation where our company could have been surprised by the collapse of CLLN.
Re: Compare the RNS GFRD themselves disclosed to the LSE that Aberdeen was a loss making fixed price contract early in 2017.
Re: Compare the RNS Schwee is correct. The AWPR is one of the two legacy contracts undertaken on a lump sum contract and had already accounted for the bulk of the recent write downs.Looks like GFRD and BB will be liable for the Carillion portion of the overspend too.[link]
Re: Compare the RNS Schwee,Why do you believe that the Aberdeen contact is loss making.