NewPygar
02 Mar 2018
Re: Big Drop Possibly because work will be at a standstill with the weather and will be costing them a lot of money.
kapita
02 Mar 2018
Big Drop Anyone know why the big drop?
pearlsasinger
27 Feb 2018
Re: shorts closing Further closing of short position reported today:ñÕDate changedñÕ23rd Feb. 2018Henderson Global Investors 0.55% ðÕ -0.13% 23 Feb 2018 Total 0.55% (must explain some of recent share price rise?)
Bloodshot
25 Feb 2018
No large pension "deficit" i meant to say.
Bloodshot
25 Feb 2018
Margins in construction are unsustainably low, thats why so much debt for the big companies. Galli price has collapsed mainly because of Carrillion effect and others now struggling with debt plus their own past poor judgement in construction division but with their relatively low debt and no large pension surplus plus other divisions doing well, if they keep their discipline, they are well placed to take advantage of an increase in margins. Thats why im happy to hold and would be buying more at this price if i had the funds. Just my opinion and time will tell wether im right or horribly wrong.
Hardcore Uproar
25 Feb 2018
Interserve? Net debt at Interserve rose from £274m in 2016 to £513m at the end of 2017 and some analysts forecast it will reach £600m by the end of this year.A market value of £94.7m. How many more of these things out there in the market. Who T F would bail out such a company?
Bloodshot
24 Feb 2018
Maybe because theyre good value now and people will be buying a few up to the divi pay out. Ex div mid March
wheebz
24 Feb 2018
Uptick in SP Any idea why the uptick on Fri? The recent contract win - value £55m ornsomething more fundamental?
Bloodshot
23 Feb 2018
...sons for optimism if the board pull their fingers out.
Bloodshot
23 Feb 2018
Just for the record I bought at £13 just before the Carrillion collapse. My timing was perfect as usual 
Looks like im stuck with my shares for a good while. Im not as doomy and gloomy as some here though. There are reas
Bloodshot
23 Feb 2018
Third time now that GFRD board have raided the pockets of their investors for extra funds. I hope theyre not going to go on a reckless rush for growth now. Any more mistakes with construction and it will probably be a bloodbath in the boardroom. Hope theyre fully focused on avoiding that now, for all our sakes. Would be nice to see some big director buys. Thats one way to keep minds focused and improve investor confidence.
pearlsasinger
20 Feb 2018
shorts closing Henderson Global have reduced their short position in Galliford from .91 % to .68%.Presumably - to avoid the rights issue or the dividend date.Hopefully a positive sign for those who remain long.
PIE-EATER
20 Feb 2018
fallout from Carillon...Tony Yarrow an excerpt from his email today...Carillion was the UK’s second largest construction company. One might have expected its demise to have a positive effect on the share prices of its peers, by making the tendering environment less competitive. However, the share prices of other construction and outsourcing companies fell. For some, like Galliford Try, there was a direct Carillion-related reason for the weaknesses of their shares. Without Carillion, Galliford Try and Balfour Beatty will have to complete the loss-making Aberdeen West ring road project on their own. However, these relatively short-term contracts aside, the environment may improve for the construction companies. During the crisis of 2007-9, companies were happy to take on large multi-year government contracts at fixed prices, in order to keep their staff employed and the money coming in. Many of these contracts went wrong. In the years after 2009, a labour shortage developed in the construction industry. In order to deliver their projects, companies had to pay skilled workers far more than they’d budgeted, but couldn’t pass the extra costs on. However, the surviving companies are telling us that they are no longer interested in bidding for these large multi-year fixed-price contracts, where the margins on offer simply don’t reflect the level of risk involved. They are looking for cost-plus contracts, where the profit margin is fixed, rather than the all-in price.
PIE-EATER
20 Feb 2018
Re: IC COMMENT BY JONAS CROSSLAND To be fair.....MARS does have a lot going for it.....PROFITABLE, growing, decent plan, scale etc etc (I have been a long term holder for about 6 years without checking exact dates).The BIG issue in my book is not necessarily what the board are doing, but how begrudgingly Ralph Findlay SEEMS to be doing it.........see my posts on that board so as not to stray off topic here.IC have some good ideas and some bad ones.....like the rest of us.It just pays to read their stuff, be reminded of the company they are talking about and if it looks interesting DYOR, DYOR, DYOR.At the end of the day, the money is ours and we need to take responsibility.PEp.s. DYOR !
Alan Tittymarsh
19 Feb 2018
Re: IC COMMENT BY JONAS CROSSLAND So I see GFRD has become another victim of the IC curse. When that lot make a recommendation on a share, and you hold some, you just know it's time to sell. How's MARS, their 2018 rec of the year doing? I think it was around 120 at the time that rec was published around the NY. Will that turn out to be another wreck of the year?
