Interserve Share Discussion Threads

[losses] 07/9/2017 11:08

I've been buying in the 160s hoping it is the bottom.

[dandanactionman] 07/9/2017 10:23

Over on carillion bord they are talking of capita and frs15, will this effect Irv as well? Any views on if 160p will hold.

[richardbroughton] 06/9/2017 09:56

Have a look at T/O and Pre Tax P/L, 2-3% at best.

[edmundshaw] 06/9/2017 08:35

How do you know the margins?Or are you just guessing?

[bookbroker] 06/9/2017 08:33

Over many years, wafer thin margins, little joy for shareholders!

[csmwssk12hu] 06/9/2017 07:33

New contract at nearly half current mcap not bad

[the juggler] 04/9/2017 18:57

Day 2 for new CEO. Hopefully be a different company in 6 months. Get the full debt disclosure out. Rationalise the business, refocus on profitable areas and have something to shout about.

[dandanactionman] 04/9/2017 18:46

Today was a small volume apart from closing auction and two late (delayed) trades. Any thoughts on this?

[wallywoo] 01/9/2017 14:21

Once the e4w projects are sorted irv will be back to generating £100m in cash per annum. This will be worth a lot more in 12 months

[wallywoo] 01/9/2017 14:18

This has not been demoted from the ftse250 or 350, it has been in the ssmm sector all this year. I think it will recover from here but watching closely for any weakness

[cc2014] 31/8/2017 16:46

Well I've closed for small profit. Too scary for me. I'll happily re-enter lower down.

[rhatton] 31/8/2017 16:23

Could have been a nice call whoever added today when it was down 5%, lets see what tomorrow brings but maybe that was the bottom.

[losses] 31/8/2017 12:23

Recovering nicely..

[cc2014] 31/8/2017 11:58

Thanks rHatton - I forgot. Strange day - 5% down on no news on an up FTSE day seems odd indeed.

[cerrito] 31/8/2017 11:55

CC2014 good point about FTSE demotion and I should have thought about that last week before I topped up; with a marcap of £235m well out. I see that in June The TBC Bank Group got in to the 250 and they had a £900m marcap.

[losses] 31/8/2017 11:42

Bottom fishing is always difficult...

[rhatton] 31/8/2017 11:20

You realise theres no dividend here?

Frustrating to see further weakenss.

[cc2014] 31/8/2017 11:08

Added here at 164. Assume fall based on FTSE250 demotion although that's not new news.

Dividend coming up soon and share prices usually rise into that.

[wallywoo] 31/8/2017 10:34

Good call I have been doing the same. The share price is at a 20 year support level. However if this level breaks lower then I will sell out, since more bad news is coming.

[cc2014] 30/8/2017 10:38

Bought a few this morning. I think the bottom is hopefully somewhere around here

[jeffian] 29/8/2017 23:06

Dan,

See my #4162. It really isn't necessary to say "Dyor imho" just to say "Another high volume day. Another drip drip of falling."

Nobody's going to sue you!

[dandanactionman] 29/8/2017 18:35

Dyor imhoAnother high volume day. Another drip drip of falling.

[blueball] 28/8/2017 10:10

Sub 100p by xmas imo.

[rhatton] 28/8/2017 09:59

From Questor

"And what about Interserve, which welcomed its new chief executive Debbie White this week?

It fell into the trap of trying to do too much without enough focus on what it could charge, says Questor.

Its profits are down and costs have overrun at its arm that constructs energy-from-waste plants.

It has a new team, though, which could make a turnaround easier and it may have some financial headroom.

Questor says that although it has been urging investors to ‘avoid’ as recently as August 15, shares have continued to fall – another 11.6 per cent since then, which means shares are now trading at barely three times next year’s earnings.

This ‘could be just enough to encourage the most risk-tolerant investors to try some bottom fishing’, says Questor."

[salpara111] 27/8/2017 21:19

Personally I am waiting for the new management to kitchen sink all the liabilities the big question is whether they will need a rights issue.
I cant see a reason to invest prior to that happening.