...Theres no point in hiding problems. The truth will out sooner or later so why not be honest and up front about it.
I guess we'll find out soon enough how much that will cost. Don't see it as part of the recent problems and I guess beyond the control of the present board. Last thing we need now is more bad sentiment. I hope they've already made provisions in the present fund raising. I'm still positive about the future of the company but we can't keep having problems. We need continued good news now for a couple of years for the share price to recover. I think better communication to investors (all investors, not just the big institutional ones) would be good. There's nompoint in hiding problems
Cruel to be be kind...how arrogant! Doesn't hurt to be helpful to others does it
No large pension "deficit" i meant to say.
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.
Maybe because theyre good value now and people will be buying a few up to the divi pay out. Ex div mid March
...sons for optimism if the board pull their fingers out.
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
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.
Interesting that theres a lot of consolidation going on now in oilfield services. Does anybody have a good guess at what PFC would likely go for. Id be happy with anything around £6 plus