Carillion Share Discussion Threads

[gswredland] 05/7/2016 10:58

Austerity rules there. Maybe unlikely. I thought results were due today.
Looks like it could be heading back to 200 here. Chart awful

[m4rtinu] 04/7/2016 15:06

I know Carillion is not just construction and not just UK, but this news can not help.

Come on George. Get the cheque book out and fund some infrastucture projects.

[wad collector] 04/7/2016 10:16

Thanks , it does play down the Brexit issue. Make little difference to the man with a digger I suspect.

[gswredland] 30/6/2016 21:27

Interesting take on it. Does seem to be something behind it eh or is it all the shortens? We will see soon enough!

[bend1pa] 30/6/2016 17:52

Well there's Interserve at 9% yield, and that company is believed to be in trouble after directors saying all was fine before admitting they had a big problem with a contract. Div cut almost certainly on the cards there.

Then there's CLLN saying this was going to be a good year. I believe they may be eating their words soon. Whenever you get this strong downward trend which seems to be unfounded, 90% of the time bad news will come out.

[gswredland] 30/6/2016 17:16

According to ADFN the yield is now 7.8%. Can that be sustained?

[gswredland] 30/6/2016 17:13

Was around the 200 level in 2008 wasn't it?

[m4rtinu] 30/6/2016 11:21

Why indeed. Bullied, persecuted ...

[zcaprd7] 28/6/2016 13:42

Doubled my holding here. Still unsure why it's so unloved?

[m4rtinu] 28/6/2016 09:32

Should have a trading update nxt Wed (6th July).

[edmundshaw] 28/6/2016 09:09

There again, Interserve is 9%!!

[edmundshaw] 28/6/2016 09:08

7.4% yield if it sustains...

[wad collector] 27/6/2016 13:05

Always said I have too many and won't add , but couldn't resist another lump at 240. The numbers are silly. As long as it isn't going bust.

[edmundshaw] 27/6/2016 10:08

240p was a bit too tempting...

[m4rtinu] 24/6/2016 17:44

Adam - UK, Mid East and Canada as far as I know.

Possibly CLLN fell more than others (in same sector?) for the same concerns as others have already expressed above. But actually final fall is about par with ftse 250. I wouldn't be surprised if some shorters closed (as Wad says). But also wouldn't be surprised to see them re-open new positions.

[wad collector] 24/6/2016 10:13

The shorters must be smiling if they managed to close this morning!

[adamb1978] 24/6/2016 09:19

Anyone quickly now what % of CLLN's business is in Europe? Or why the fall for them is more than others?

[lab305] 24/6/2016 08:47

Well the shorts got their way and their insurance policy worked . Trying to buy is a nightmare but managed 2k. Clln earns plenty in other currencies so pound devaluation good for them.

[m4rtinu] 24/6/2016 08:47

Wow! Some money been lost and made this am.

[redartbmud] 24/6/2016 06:50

Well I did tell you.

red

[rcturner2] 23/6/2016 21:06

The shorting may also relate to the fact that Carillion do a lot of work in the Middle East and this could be considered to be vulnerable if oil continues to cause problems in the region.

[rcturner2] 23/6/2016 21:06

The shorting may also relate to the fact that Carillion do a lot of work in the Middle East and this could be considered to be vulnerable if oil continues to cause problems in the region.

[redartbmud] 23/6/2016 17:22

wad

No lack of confidence in Clln. It remains one of my biggest holdings.
I regularly trade a few and each time I sell it is to recover my stake and keep the remaining shares. It has become a game now, but one that sees me as a winner each time. Given the low PE and the dividend yield I am prepared to sit on each purchase for as long as it takes. The odd extra dividend along the way is a nice bonus. Buy the dips and sell the spikes. Last purchase £2.658 sale £2.791867, period 13 days.

I am not convinced by the strength of the 'Brexit' rally. It may provide another buying opportunity in sort order.

Good luck.

red