Carillion Share Discussion Threads

[w1ndjammer] 07/3/2017 09:12

Soon one of the funds will work out if they buy 5% plus , they can toast the shorters.

WJ.

[w1ndjammer] 07/3/2017 09:10

RCT

i mean the shorters are piling on the shorts, but the share price is no longer falling

its stabilized.

the shorts over 0.5% are now at 26% thats an increase of 3% over 7 days

WJ.

[santar] 07/3/2017 08:22

Re the Telegraph article:
"but earnings cover is only 1.8 times" - how many FTSE100 companies have this level of cover?
"not entirely trust the earnings or dividend forecast" - are they actually implying false accounting??
This article smells to high heaven like a shorter's plant.

[rcturner2] 07/3/2017 07:53

WJ, I have no idea what you mean by "the share price is more stable", can you explain this please? The recent movements in the share price seem no different to any other over the last 3 years.

[jaf1948] 07/3/2017 07:47

Daily Telegraph says 'Sell' today:

'A prospective yield of 8.9pc is eye-catching, but earnings cover is only 1.8 times and the lowly p/e multiple of six times expected earnings is the market’s polite way to say that it does not entirely trust either the earnings or dividend forecast.'

We already knew that - I am not selling.

[kcsham] 06/3/2017 20:04

.......With a very narrow spreads, the shorters had no chance to buy it cheap and sell it high to make any profit using their old tricks. Since the short has reached such a high percentage, extra 1 or 2% of short will have a much little effects on the share price In addition the shorters need to offer a higher price in order to borrow more shares that is in short supply ......So, ......KC

[kcsham] 06/3/2017 18:36

WJ - "the share price is more stable, so what next, the longs can keep buying to infinity.The shorters on the other hand are limited to how many shares they can short." We two are at a same wavelength. The buyers in the past couple of days were buying in a proper orderly way. No sudden surge and fall in share prices so it does not allow the shorters playing their old tricks. The buyers are buying in all the shorters sells

[w1ndjammer] 06/3/2017 18:20

RCT

the shorters didn`t hit the stock until 2015 , and they are not re loading

they are just loading more on. The short position is just increasing, but now

the share price is more stable, so what next, the longs can keep buying to infinity.

The shorters on the other hand are limited to how many shares they can short.

After brexit the share price went from 196p to 300p with only 3% of shorts closing, no reason

why that cannot happen again.

WJ.

[kcsham] 06/3/2017 17:53

Jap - I am not saying I will be 100% correct, I still have certain degree of confidence of what I observed. Let us wait and see in the few weeks. I believe the share price will be moving up gradually though in a slow pace. K C

[rcturner2] 06/3/2017 17:41

The trouble is that when you consider the chart going back to the peak at the beginning of 2014, then there have been plenty of false dawns which have sucked people in and then bang the shorters take over again. I think any rise here will simple allow the shorters to reload.

[jaf1948] 06/3/2017 17:25

KC,

'The tide is now turned against the shorters.' I think you may be a bit premature with that.

[kcsham] 06/3/2017 15:14

m4rtinu - You right, based on the chart Carillion needs to break the 220 barrier before an up trend to be established.However, I am now more interested to watch the trading pattern. I believe that a war has been started between buyers and sellers at the moment. The number of sells are still more than buys. The spread is pretty narrow and the shorters are still fail to push the share price down enough to allow them to make any profit out of their operation. The tide is now turned against the shorters.K C

[m4rtinu] 06/3/2017 14:23

IMO needs to hold the 220 line, to exceed recent high and possibly begin an upward trend. Forlorn hope?

[kcsham] 06/3/2017 10:24

At last peace and quiet time returns. Shorters are still there and try to push the share price down further but without much success. I believe this will continue for a few weeks, if the share price could work its way up 1 or 2p everyday, the shorters should know what to do next.

[jaf1948] 05/3/2017 09:04

Thanks for that. Interesting that they say '... after an encouraging set of results'.

[kfp] 04/3/2017 19:58

Tipped in the IC

[utyinv] 03/3/2017 23:49

Have a good weekend everybody! Of all the comments and banter on this thread it must be appreciated that whether you are optimistic or pessimistic I believe 99% are wanting the best for this Company (CLLN) in terms of share price recovery and maintaining a strong Dividend Policy.

I hope that Hammond actually does something to stimulate business in next week's budget, because so far, since his appointment into office as Chancellor all he appears to do is pose for photo shoots without doing any meaningful work in restoring confidence in the Construction, manufacturing, transport and other industries.

Here's hoping :)

[munin] 03/3/2017 21:28

No such Thing as a "harmless jock".......

[kcsham] 03/3/2017 19:17

Thanks! Same to you salchow.

[salchow] 03/3/2017 19:08

No problem kcsham. Have a good weekend.

[kcsham] 03/3/2017 18:26

salchow - never mind, my better is not your better. Your timing of bottomed out does not agree with mine. All down to personal opinion. Regarding 1st April, I was pulling your legs. Just a harmless jock!K C

[salchow] 03/3/2017 17:26

kcsham - sorry about the reference to 1st April - I thought the year was going fast but I guess most knew what I meant. The latest figures I can find include trades on 28th Feb and 1st March. The overall shorts were then 24.31% which from the chart of shorts seems to be the highest level so far. Of course, some trades take a couple of days to be reported so perhaps we will find it has crept down or maybe not. I can't imagine it will have changed much but let us look on Monday.

My "very intelligent" comment was in response to some people who seem to think that their shares are a contributory factor to the shorting.

The results are not as "better" as I hoped. So I don't seriously think it will bottom out. That doesn't mean it will not go up a bit before most likely coming down again and testing the recent low. Bottomed out means it starts to rise to me, what does it mean to you. I said the shorts were increasing and you seem to agree with me - (you said the closing were more than the opening). I have no idea what you are talking about.

[kcsham] 03/3/2017 16:35

salchow - I agree with you that shorters have borrowed their millions of Carillion shares from institution who then gain extra income paid by the shorters, i.e. shorters pay and owners get paid just like us the holders get paid. Correct, very intelligent!As a previous holder, you were hoping for better results and the opportunity to get back in as it bottomed out. The result now must not as "better" as you expected, the share price goes up. If the share price was better as you expected, the share price would be bottomed out? It confuses me, illogical! You cannot see any reason why the shortemrs should be rushing to close. This could be correct. Finally, you said: "they have increased over 28th Feb/1st April." Yes, there are shorters closing and opening of their short positions on 28th of Feb. But the overall figures show the closing were more than the opening (based on the record of Shorttracker's web). Would you kindly show us your finding to support your claim of otherwise.Regarding the figure on 1st April, ???? Oh! Yes, it is April fool!