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Interserve Share Chat (IRV)

Share Name Share Symbol Market Type Share ISIN Share Description
Interserve Plc LSE:IRV London Ordinary Share GB0001528156 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -8.40p -1.96% 421.00p 422.80p 425.50p 440.90p 417.60p 440.90p 297,843 16:35:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 3,305.3 61.9 32.2 13.1 605.89

Interserve Share Discussion Threads

Showing 3776 to 3799 of 3800 messages
Chat Pages: 152  151  150  149  148  147  146  145  144  143  142  141  Older
I do not think you will regret your purchase bend1pa. You are right that the dividend is covered by earnings but the cash flow shows a different story:ie in H1 2015 net cash from operations was £18m reduced to £8m when you take into account interest paid and the dividend was £22m. For the whole of 2014 net cash from operations was a measly £0.7m to which one has to add interest payments of £16.6m and whole year dividends were £31m. Reading the interims suggest a different world from today-an increase in dividend and big investment in Middle East Equipment Services. May well buy more if it gets back to sub 420.cerrito
Trying to get a handle on this week’s continuation of the fall in the share price down from 467 to 445 in the week. I see we had the announcement from Standard Life that they had reduced very modestly and this was the first Holdings in Company RNS for two months. I reread the Nov 13 Trading update which apart from the specific UK construction issues was upbeat; I did notice that they have mentioned Australia which I imagine continues to be v slow but as revenues from Australasia were just £12m in the first half of 2015 it will be pretty inconsequential Perhaps everyone is talking themselves into a state of doom and gloom but having said that I am reluctant to press the buy button. I see results due on Feb 24cerrito
Back to where it was 3 years ago. The Report later this month will have to be stonking to get this to recover! What the heck are the Exec Board doing?the juggler
I really struggle to understand why so many UK construction businesses still continue to compete fiercely for work at no real margin. There is clearly far too much capacity in the sector but no one seems to be pulling back. IRV are guilty of this as much as other big players. I am just concerned as to how their business will perform in the middle east with the price of oil on the floor and national budgets being cut over there. I am poised to invest if the next update is promising but not confident to take a stake at present.salpara111
Fair enough, Edmund ! My mistake - thanks.dogwalker
It's in the Q3 statement - a better source than the IC if I might say. To wit: "In the UK, whilst the performance of our building and fit-out businesses is encouraging, this year's segmental result will be impacted by three loss-making energy process contracts within our infrastructure business. This is due in large part to sub-contractor insolvencies and the consequential impacts on project timing and costs. Our involvement in the delivery of these contracts is substantially complete. Expectations for the full year are for a break-even performance in the UK Construction segment."edmundshaw
According to the IC ' the group's UK construction business is expected to have performed less well ......due to three loss-making contracts caused by subcontractor insolvencies'. Shame if true, & perhaps a prime reason for the share price performance if others were aware of this info.dogwalker
numis upgrade.thorpematt
this one is up today- is that because of oil?ali47fish
Nothing like hindsight! If we could all time our exits and entrances perfectly we would all be sitting poolside in Barbados! Having owned IRV twice, the first time when I accumulated sub £2 and then cashed out in tranches between about £3.30 and £3.80 I was amazed to see it reach £7.50. I bought last year and then sold within a few months for a modest gain of about 7%. I always liked the business and have to admit I never thought they would drop quite so far. There seem to be so many conflicting signals at present concerning the health of the global economy that I find myself paralysed. One thing I do think is going to turn is the price of oil but not perhaps until the middle/end of the year. At that point I will be looking at the healthiest oilers I can find and loading up.salpara111
wad, probably wise. Well I hope so as its not far off my approach. The only thing I do in a down market are (i) weight up a bit more in shares after a decent drop, and (ii) spot the companies that have fallen most and least rapidly (other factors being reasonably equal - e.g. similar prospects and sector), and if the difference is marked, transfer some money from the latter to the former.edmundshaw
I'm fully invested now too . In this sort of market I just shut up shop and wait for better days. In my 30 yrs of investing sometimes had to wait yrs for my portfolio to rebound . I have learned to resist the temptation to take money out of safer places to invest in stock market bargains ; unless you can be VERY patient. At least this sort of holding will pay a good yield in the meantime.wad collector
wad collector - you're right but no money left and haemorrhaging cash everywhere in every share although did claw back a bit today.mfhmfh
Hmm, the share price is now testing 3 year lows. A decent update next month could finally turn this around and if it does I will certainly be taking a chunky stake. I guess sentiment is not great in this sector at the moment but if that changes it could rise back to the 600 region pretty quickly.salpara111
mfhmfh your stop loss has allowed you to buy back in at a discount!wad collector
I can see both sides of this one. IF you believe in stop losses and have a system in place then there's no point in just ignoring it. However, I find it hard to combine feeling it is a fundamentally good company and selling it just because the market is having one of its all too often "blue" periods. Good fortune regardless!cwa1
I guess you just have to take a long term view on stop losses ; some you win...wad collector
Yes you're right but it hit my stop loss so was forced to sell. I'll wait for the trading update on 24th February and may buy again.mfhmfh
Not sure I follow the logic ; selling as the share price is falling but you are sure it is a good company? Is that not the time to hold on and await a share price recovery?wad collector
I'm sure this is a good company but I had to sell as losing too much. Results will be on 24th February so may buy back depending on these. I received a reply to an e-mail yesterday which said there will be no trading update this January unlike last year. GL to all holders.mfhmfh
The great advantage that Interserve holds when the going gets tough is that their business is diversified to so many parts of the globe. The one area where they do not seem to have enough penetration is Europe. They have the expertise to make Europe a very large export market, but up to now they have concentrated on markets where there is less direct competition in their field. With business around Europe picking up it is more than time to make a big push to claim a share of the investment that is now taking place. It might be a good idea to purchase an existing European company to facilitate entry.bertiebru
Well the whole Middle East situation can't be helping sentiment for a company which does so much business in the region. Besides the oil price, which is beginning to impact the region's economies, the Saudi/Iran standoff and threat of Sunni/Shia rivalries could be seriously destabilising.jeffian
Something to do with China, I think. And the oil price. And the new living wage.edmundshaw
continues to fall...no idea why. Last year trading update on 7th of January - need something to turn around the share pricemfhmfh
Chat Pages: 152  151  150  149  148  147  146  145  144  143  142  141  Older

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