Interserve Share Discussion Threads

[haywards26] 27/6/2016 13:51

I topped up this morning @ 272.

[aleman] 27/6/2016 13:08

NOW, it is on the support line of those two downtrends. (Might see short bounce?) I figured something might take it there this week but did not expect so many political resignations over the weekend, even though I knew the political establishment would not cooperate with organising the EU exit. I wonder what else is to come. I think there will be lots more yet. Too many politicians and bankers in too many countries want this to fail.

(not updated for the fall to 262p this morning.)


free stock charts from uk.advfn.com

[wad collector] 27/6/2016 12:42

Crazy price , even with substantial profit downgrades still doesn't add up.
I said I wouldn't , but just added at 263

[haywards26] 26/6/2016 20:34

I sure have. Still think the downgrade may well adversely affect the market's tomorrow.

[jeffian] 25/6/2016 23:04

Moody? Have you seen 'The Big Short'?

[haywards26] 25/6/2016 20:44

Like the Moody downgrade today!?

[aleman] 25/6/2016 11:25

Should be strong support around this level.


free stock charts from uk.advfn.com


One of the first signs of a downtrend breaking is not hitting the bottom on bad news. Despite yesterday's hard fall. It did not hit the bottom of the downtrend. (IRV's is a bit tricky. I've drawn two that might be most likely selected and it hit the bottom of neither.) There could be a spoiler for this if further bad news emanates from Europe in the next day or two and takes us lower.


free stock charts from uk.advfn.com

[edmundshaw] 24/6/2016 10:36

There is a fair amount of that just this morning. Quite the FTSE sweetshop for those with a bit of cash... just avoid the lemon sherberts...

[haywards26] 24/6/2016 08:44

Placed a limit order at 273 for a top up

There will be a lot of uncertainty and volatility over the coming months.

[leadersoffice] 23/6/2016 14:20

Get up there

[edmundshaw] 21/6/2016 10:31

£3 not yet holding :-(

[wad collector] 20/6/2016 15:53

Finally stuck its head back above £3 in the general market enthusiasm today. Have we seen the worst?

[edmundshaw] 18/6/2016 12:51

I know funds have varied rules, but one big tracker fund I knew (this a few years ago) allowed the manager 3 months leeway for exiting or entering a new stock into the tracker, to preclude getting screwed. So there may still be some downward pressure from exits.

Any arbitrageur who bought on the basis of the 250 exit may also cap rises by selling for a quick profit.

I am giving it a few months for the dust to settle.

[haywards26] 17/6/2016 20:58

Management were quite clear in the conf call following the single contract issue that a divi cut was not required or in their thinking.

[salpara111] 17/6/2016 17:13

I guess that for me the loss on the recent contract has badly shaken my faith in the management and that is why I am reluctant to take a stake again here until I see the next set of figures.
The market is effectively pricing in a divi cut as the yield is currently about 8.4% so we will see what happens.
Now that it is out of the FTSE 250 I would expect it to drift sideways until the next update.

[cc2014] 17/6/2016 13:07

hmm. Someone really doesn't like these shares as no movement up on a good day.

I remain on the sidelines until things become a bit clearer or the share price becomes crazy low.

[fangorn2] 17/6/2016 08:06

@Htrocka,

Seller probably doing all he can to raise some cash to buy some very cheap IRV shares.

[htrocka2] 16/6/2016 22:49

I saw an 'Interserve' zip up jumper offered at a car boot sale....it just about sums it up.

[thorpematt] 15/6/2016 11:21

Aleman, Staff would be a consideration. I forget how many IRV has circa 80,000 is it?

In any event that would be a potential concern - particularly at the lower end of the skills range.


FWIW I think IRV is undervalued BUT 2 things (other than the wider market that is) will dictate the share price IMO:

1. Uncertainty as rgards ongoing potential for further mark down regarding that large single conttract failure

2. Momentum of th share price (i.e. technical)


I do not hold presently but have in the past and on balance (it's on the watchlist) probably will in the future. My views therefore are likely to offer some degree of balance (FWIW).

[edmundshaw] 15/6/2016 10:25

Aviva over 5% yield too, I don't blame you there...

[cc2014] 14/6/2016 20:56

hmm. Sub 300 now but took AV. today instead

8.3% dividend now which is something to think about.

[haywards26] 14/6/2016 20:31

Another fall like today and I may need to top up here :)

[aleman] 13/6/2016 14:48

Is there anything that makes these sensitive to Brexit or is it just shorters piling on even more pressure, given a downtrned a year old and general market weakness. I would have thought the fall over the last year would make them less likely to fall on general market weakness - but I seem to be wrong if today is anything to go by.

[cc2014] 13/6/2016 12:49

I suppose I'm a buyer sub 300 and patiently waiting. Mind u looking at the FTSE right now you could pick any stock you like and perceive it as a bargain.

[edmundshaw] 09/6/2016 18:02

Hard to know when it starts and stops as (a) different funds will time their exit differently to avoid killing the share price or getting a killed share price - exit timing also will depend on the rules of the fund; and (b) ther will be those trying to take advantage of the forced selling - you don't need to be a hedgie to see the possibilities there...

I tried timing my buys on shares (in companies I knew) exiting or entering higher indices around 10 years ago. The simple way was to sell well in advance of a drop and buy back when you like the price, or vice versa, rather than trying to time the thing too closely. Of course fund managers may be more clever now (though I doubt it), or e-trading might have an impact, I am likely out of date.

It's a bit late for safely selling with a view to buying back cheaper, though maybe still possible. Timing for buying is more of an open question...