Ripley94
17 Jan 2018
Re: Recovery Play Good luck to you oneway.14% fall was tempting but being caught in carillion stopped me.The old adage "Fool me once" came to mind.
onewayticket
17 Jan 2018
Re: Recovery Play I did very well thanks. I did buy yesterday and bought twice as many again in several tranches this morning at an average of 105p. I couldn't believe the price. That's not bad work for fake news or at best a non-story. Showing +£700 in a day.The strength of the rebound says there is support for the turnaround plan. Knock knock 117p to 120p. The graph highlights the rebound potential if the Board succeed.I think though you might not be so popular with others on the bulletin board. If HMG are monitoring then I would expect them to be onboard and trying to ensure no further collapses as the Carillion one isn't reflecting well on them. It should bode well for sorting out any long term funding solution. If that's favourably resolved you will be paying a lot more than 117p.That's my one and only reply to you.Own due diligence
axel27
17 Jan 2018
Re: BBC live - government monitoring Interse... Blip over.Someone in Cabinet office being repremanded as I write?Hope no one closed out short positions bought yesterday as this illustrates just how sensitive a market is for these companies.A
onewayticket
17 Jan 2018
Recovery Play Its probably the best around at the moment.Particularly when you look at its 3 year chartIt looks to just have started to turn the corner.Key competitor now also out the game.Own due diligence
onewayticket
17 Jan 2018
Re: Cos its worth it And back up to 122p by the end of the day and what was all the fuss about.A free 7% probably there for those that like recovery plays.Lets see what we additional business we pick up.Own due dd
onewayticket
17 Jan 2018
Cos its worth it Just playing the same game as another.I would put an SB on it but objectively will wait for either some Carillion contract work or further signs of improvement to build on previous.Own due diligence
onewayticket
17 Jan 2018
Re: Glad they are Treeshake on virtually no volume and with the dips come opportunity. Still 8% discount to my yesterdays price which I thought was cheap.A key competitor is now out of the market and what looked like a good turnaround play has been given an injection in the shoulder.Own dd
onewayticket
17 Jan 2018
Re: Glad they are I'd expect them also to be monitoring Mears, Mitie, Serco, Compass, G4S, Kier and Balfour Beatty.Contracts now will now be negotiated at higher prices to ensure costs are covered. That was Carillions problem. that plus contract hits. Not so with Interserve.Own due diligence
onewayticket
17 Jan 2018
Glad they are For they will see that the new BoD are getting to grips with things.Exit of a previous venture and Cost savings identified and Fit for Growth strategy should see this one right. Furthermore it should be a key beneficiary of a main competitor out of the market. See my previous posts.HMG got egg on its face with Carillion so anything they can do to help then that's fine by me. Last update was highly encouraging and lets see if any profitable ex Carillion work gets filtered Interserve's way.Own due diligence
axel27
17 Jan 2018
BBC live - government monitoring Interserve story Not a helpful story.I see the price probably reacting.A
onewayticket
17 Jan 2018
Top Up time Last trading update was encouraging.I'm going for a turnaround in fortunes and the new board to deliver.Own due diligence
onewayticket
16 Jan 2018
Carillion Hestia Contracts and an Example Although I haven't spent any detailed amount of time on this yet there are Hestia contracts which Carillion had which might suit Interserve given the mention in a previous post of MOD and Defence infrastructure involvements. The Interserve website incidentally does also list catering I see.[link] gets to pick these up or indeed any others you would assume would have to be in a position to hit the ground running and have some knowhow of the ins and outs of the business, that plus administrative back up.I'll have a look later to see if there are any other potential overlaps although I am sure the Interserve Board of Directors will know already where there is overlap of operation with Carillion and the opportunity for easily incorporating any such contracts or businesses. They should be quite easy to identify as it will be the ones where they have most probably bid for the same contracts. Own due diligence
onewayticket
16 Jan 2018
Knock On Effect of a Failed Company Although these vary from company to company and sector to sector probably the most recent example of a competitor business having benefited from the collapse of another competitor has to be Monarch airlines collapse on 01/10/17 and how it has assisted the Easyjet share price. Admittedly Air Berlin also collapsed around the same time.Easyjet firstly got to cherry pick take-off and landing slots and also benefited from reduced competition in the market place and previous customers switching over to Easyjet.I am hoping that with Interserve it may also lead to improved contract terms as potential customers you would think, with the Carillion episode in the back of their mind, would wish to see the contract term completed as opposed to all the uncertainty that a collapsed service provider mid-term would bring.Easyjet's 6 monthly share price graph[link] due diligence
onewayticket
16 Jan 2018
Re: A Competitor Out of the Market "We would continue to buy Balfour Beatty (Rail, Highways), Kier (KIE) (Highways and Telecoms), Interserve (IRV) (MoD Infrastructure, Public Sector FM), Serco (SRP) (Public Sector FM), Mitie (MTO) (Public and Private FM), Mears (MER) (Housing) as these companies are likely to form a key part of client contingency/emergency planning/beneficiaries of market share gain," writes Peel Hunt analyst Andrew Nussey.Take your pick out of the above.I've gone for Interserve as I think it may give an injection in the arm on top o fthe £40 to £50 Million cost savings and the "Fit for Growth" turnaround in fortunes plan.Own due diligence.
onewayticket
16 Jan 2018
A Competitor Out of the Market Although Carillion's administration is not good news for those holding jobs with the company it should be good news for any of its competitors. That should benefit Interserve, Kier Group and Balfour Beatty in the longer term. Why.1. Its one less very large competitor in the market place2. It means Interserve can drive a better pricing for future contracts on the grounds that they need to make a profit.3. There will be a substantial amount of the Carillion work up for grabs.4. They may be able to pick off selective parts of the Carillion for very little money off the administrators. Hopefully that will keep employed some of the staff.That combined with "Fit for Growth" and projected cost savings may maybe give the company the boost that it needs.It shouldn't also be too long before the financial press focus less on the shock of the collapse of Carillion but instead turn their eyes to who may benefit.Lets see if the early birds catch the worm.Own due diligence
