||EPS - Basic
||Market Cap (m)
Interserve Share Discussion Threads
Showing 4526 to 4549 of 4550 messages
|This might not make a big difference to profits, but could reduce revenue
|Finally up day....|
|We need a BIG contract to change sentiment.|
|Aberdeen dumping and Bram Cornelisse's hedge fund buying in. Looks like Farringdon Capital Management are dumping Tom Taylor to buy Interserve. Will take a while for al this to wash through I guess.|
|Debt is bigger than market cap, this needs to be addressed very quickly imho.|
|Agree re: chart. Think about to break lower|
|chart looks ominous|
|Still think this is way oversold there will be better days|
|Until Debbie gets her first statement out all bets are off.|
|Good old ADVFN....proactiveinvestors.co.uk/companies/news/174687/peel-hunt-kicks-interserve-while-it-is-down-174687.html|
|They talk about "drastic surgery" to strengthen balance sheet, but this is more along the lines of disposals than rights issue.
“Debbie’s inevitable strategic review must surely place Equipment Services back on the potential disposal roster and also give consideration to the positioning of the UK and Middle East Construction activities,”
At least they were impressed with Debbie's CV. "Given her support services/finance background – Peel Hunt declared itself impressed by her 13 years at French facilities management giant Sodexo – she might be tempted to radically refocus the group."
Today will not be a good day, but but tomorrow is another day.|
|IRV need to get a rights issue out of the way, debt is way too high, impending rights issue is the big turn off for me.|
|Why the drop?|
|Luisfrg - nice to see the new Chairman buying a few shares!
Edmundshaw - IRV were kicked off a project before Glasgow - at Hartlebury. Generally they have in the past had a very good reputation but all is not well in recent times. UK Construction is a small world and IRV have overrun considerably on a number of projects - this costs momey and loses chances of any small profit that was expected. When profits in construction are 1% - 2.5% it is easy to erode that little margin.|
|Director buys 25,800 at 2.33
|They made a shambles of the waste-to-energy, certainly. However, that is not simply construction, and I suspect the normal construction side of that was not a problem. The problem I would think is that Interserve is not an electricity generation expert nor a high temperature waste disposal expert, and was trying to branch out into areas of non-expertise, relying heavily on subcontractors. Who failed. Therefore I am not sure there is an underlying problem in construction.|
|Half year results end of August, Debbie White will be in before that as a handover period, although she is officially taking over on 1st September which is a Friday, my guess is she will be in the door sometime in July.
Someone commented about her lack of construction experience earlier, whatever the position on that is, those currently in post have made a complete shambles of recent construction projects.
Interesting times ahead.|
|Half year results should be out before the new ceo starts so any kitchen sink job may be a while off.|
|Mr Market appears to be reacting against the appointment - Trouble is Mr Market is usually correct - (imo) We will probably see a real kitchen sink job with the next set of accounts.|
|Definately a great recovery play even more so after today's drop|
|If she has little construction experience, she needs to have someone both competent and trustworthy by her side for that segment of the business. I am a little surprised by the appointment I have to say...|
|"In 2015, she took worldwide responsibility for Sodexo’s government and healthcare operations – a £5bn a year business in 34 countries."
"Although Debbie White has extensive experience in providing facilities management, cleaning and catering services to large organisations, she appears to have little or no experience in construction. Her selection therefore suggests that we can expect Interserve to continue the direction of travel that Adrian Ringrose led it in."|
|or Farringdon increasing their stake again. Nearly 8% direct plus indirect. Lets see if there is another RNS tomorrow.|