II Editor
25 May 2018
NEW ARTICLE: Stockwatch: 20% potential upside and 7% yield "Are shares in housebuilder and construction group LSE:GFRD:Galliford Try now in a recovery trend after a near three-year fall from over 1,800p?Galliford Try has been afflicted by various exceptional costs from construction projects like cost/time ..."[link]
wheebz
17 May 2018
Re: why no trading statement today as pu... There’s obviously some positive momentum in the SP, so presumably there has been some announcement or some whispers regarding strong performance trends.
Blanketstacker
16 May 2018
Re: why no trading statement today as publis... Their website gives the update as being on Tuesday 22 May.
peddlar
16 May 2018
why no trading statement today as published... Does anyone Know please....
wheebz
23 Apr 2018
Re: Short stories I agree. This has been oversold and now the RI has been conducted we should start to see a gradual improvement in sentiment towards what is a very good quality business . It’s quite possible we will see an upward re-rating from brokers if Management report a positive on target quarter with no more contract ‘own goals ‘!
pearlsasinger
19 Apr 2018
Short stories No less than four separate parties report that they reduced their short positions on16th.April.This suggests that they availed of the excess Rights -issue stock coming to the market on that date - to close some of their short positions.Perhaps they were hoping for a much smaller take-up of the rights issue.The end result is that disclosed short positions reduced (overall )from 5.28% to 3.72%This augurs well for future sp direction.IMHO.
JohnOfYork
18 Apr 2018
Re: Rights Issue/sale by directors??? He'd have been better off with his money in the Post Office in any case - 1% interest over the last year rather than a 40% drop in Galliford Try's share price!
Norman Barrington
18 Apr 2018
Re: Rights Issue/sale by directors??? IB Just READ the RNSJust because stockmarketwire states the opposite of the facts, and for some unknown reason repeats it three times, does not make it correct.The RNS SAYS (and I quote) Peter TruscottReason for the notificationPosition/status Chief Executive/PDMRGalliford Try plcDescription of the financial instrument, type of instrumentOrdinary shares of 50p eachNature of the transactionAcquisition of ordinary sharesPrice(s) £5.68Volume 20,125Total £114,310.00Anyone who bases any trading decisions on the likes of stockmarketwire needs their head examining. If you can't read the RNS of a company you are invested in, you'd be better off putting your money in the Post Office.
pearlsasinger
18 Apr 2018
Re: Rights Issue/sale by directors??? IB Investor:Are you reading the RNS or the Sharewatch report on same??
IB Investor
18 Apr 2018
Re: Rights Issue/sale by directors??? Am I missing something then - the way the RNS is presented is that they took up their entitlement under the rights issue - why wouldn't they it was hugely discounted, and immediately sold, taking the profit. I dont understand why a purchase of a rights issue would be represented as a sale?
kapita
17 Apr 2018
Re: Rights Issue/sale by directors??? Thanks for that Pearls, they took up their rights.
Vort
17 Apr 2018
Re: Rights Issue/sale by directors??? Yes, I'd agree, that they are acquisitions under the terms of the Rights issue. Is it possible that the StockMarketWire reports as sales because the executed price is way below the quoted buying & selling prices?
pearlsasinger
17 Apr 2018
Re: Rights Issue/sale by directors??? I suggest to every holder that they read the RNS issued directly by the company itself.It reads to me as an acquisition of shares by the CEO - NOT a sale.Please check and revert.
IB Investor
17 Apr 2018
Re: Rights Issue not a good sign the a number of directors have sold out at the earliest possibility
stout-hart
16 Apr 2018
Re: Rights Issue You’ve got to be pretty pessimistic not to have taken up the rights.GFRD was hit hard by the fallout from Carillion, so the sharp fall in SP is understandable as is the need for a RI, however these are essentially one off events. The rest of the company operates profitably and there is no apparent reason why underlying trends should not continue to the benefit of us shareholders. The proceeds of the rights issue will compensate for the Carillion related losses and the yield will be strong even allowing for the RI dilution. Once the next few months are out of the way, I would expect the direction of the SP will be upwards - maybe even earlier - unless something else adverse is reported. All IMHO of course.
