Carillion Share Discussion Threads

[bend1pa] 25/8/2016 13:36

This was very predictable, and the shorters are back in town. However eps is predicted to be flat yet again for the 3rd year running at 35p, and that won't be doing the share price any favours. CLLN can trumpet all they like about new contracts, sharply growing profits, revenue etc but despite that it never seems to feed through to the bottom line. Will CLLN ever be able to grow eps again?

[wad collector] 25/8/2016 12:29

Almost as if they are all guessing. I can guess too , but take no commission.

[kfp] 25/8/2016 11:23

I think by downgrade they have recommendation of "underweight" from "nuetral"

Date Broker New target Recomm.
25 Aug JP Morgan... 250.00 Underweight
25 Aug Beaufort... N/A Buy
25 Aug Jefferies... 360.00 Buy
24 Aug Peel Hunt 300.00 Add
24 Aug Liberum Capital 240.00 Hold
8 Jul JP Morgan... 225.00 Neutral
6 Jul Liberum Capital 240.00 Hold

[apad] 25/8/2016 11:19

JP were 225p in July.
just bouncing on a 280p floor is all?
apad

[m4rtinu] 25/8/2016 11:15

They could both be right given different time frames!

[kfp] 25/8/2016 09:59

J P Morgan downgrades outlook to underweight TP 2.50 looks like that's done the damage ?

[getscenic] 25/8/2016 09:22

Yep, that's done the job, sent them off in the wrong direction!

[lab305] 25/8/2016 09:15

Buy note from Jefferies this morning. Target price 360p. Seems to have done the job!

[zcaprd7] 24/8/2016 16:51

Very flat...I thought we'd get more short covering?

[wilkie_hk] 24/8/2016 11:35

No problem with CLLN producing flat results for the next few years, which should at some stage see the PE heading up to closer to 12, which relates to a share price of 350p+. Quite happy to be taking a 6%+ divi in the meantime.

[rcturner2] 24/8/2016 10:17

It's a perfectly sound, boring business that does what it says on the tin.

You get a good dividend that is growing every year.

[jhan66] 24/8/2016 10:11

XD a week tomorrow. Nearly 2%

[wad collector] 24/8/2016 10:09

Unless you buy back next week at 280?

[ridicule] 24/8/2016 09:52

zcaprd7 Sadly, you should regret your decision! Never get out on the morning of a solid, if unspectacular, set of results ahead of the analysts meeting with the company. That commenced at 9am this morning and the outcome is beginning to trickle through.

[zcaprd7] 24/8/2016 09:25

Will regret this, but I'm out for a 10% gain plus dividends...

[edmundshaw] 24/8/2016 08:41

As a pancake, wad.

[wad collector] 24/8/2016 08:35

We all agree they look good , but does not look like the market is impressed so far. I suppose the bottom line is flat.

[m4rtinu] 24/8/2016 08:14

New Finance Director too.

[zcaprd7] 24/8/2016 08:11

All looks pretty solid to me...

[lab305] 24/8/2016 07:55

Yes indeed. Excellent results and profit increase. Only 2% increase in dividend but that is high anyway so they can use the money to pay down some debt.

[rcturner2] 24/8/2016 07:14

Very happy with that set of results.

[zcaprd7] 23/8/2016 13:58

Strongest it's been for a while, approaching the £3 mark. Glad I held yesterday...

[bend1pa] 23/8/2016 11:53

I don't see how shorters can have made much money on this since Brexit. This rally has been more powerful than the previous one that atarted in Feb. That one lasted a month before a slow decline set in. However we are now approaching that dangerous level of 300p again at which point the shorters tend to nip it in the bud. We haven't seen a sustained level above 300 since last year. At the moment we have a bull market on our side, with Wall St breaking all records.

We'll see what tomorrow brings with the interims.