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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Jarvis | JRVS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 9.40 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 9.40 | 9.40 |
| Top Posts |
|---|
Posted at 13/3/2012 12:08 by calamity active mate It's a goner I'm afraid...nothing will retrieve the situation...for a review of the situation and you are bothered I would suggest you look back at all the discussion on this thread at the time about 2 years ago and you will see what happened...basically the Bank of Ireland were in dire straights and one of their subsideries were funding JRVS the name eludes me currently they were looking for companies they were involved financially with and after some cloak and dagger enquiries found JRVS were no longer viable to fund so withdrew everything suddenly...no dialog before...and the chairman just gave in...and It's now history...plus the vaugaries of Network rail in awarding contracts to Jarvis...not a pretty tail.... |
Posted at 12/1/2011 08:00 by muckshifter Until HMRC put up the notice, that is. So if you have gains to offset best thing is to "sell" the appropriate amount of JRVS each time you have a tax year end opportunity.Pleased to have helped someone at least! Regards. |
Posted at 11/1/2011 13:19 by skirbell I think HMRC's issue with selling the shares for 1p might be whether someone is trying to avoid tax by not selling at fair market value. If HMRC do not attribute zero value to JRVS, and won't do for a number of years, then they must attribute some value. Therefore, would they view 1p for all of the shares fair market value? I'm sure HMRC would argue not. |
Posted at 07/1/2011 20:15 by carver66 Anyone know if you can transfer shares in JRVS in their current state from an ISA to a normal trading account - and use them as a tax loss? |
Posted at 12/11/2010 16:10 by jarbie I assume JRVS does exist so long as it remains in administrationmy comment relates to the real reason for the administration since I never believed the assumed reason of debt management it was trading profitably and had forward workload The Board must have learned of the possible prosecution and through in the towel before the event - just in case knowing it would be heavily fined and crippled anyway we can only speculate on the position of the directors under the current legislation of corporate responsibility None of this changes the position of the shareholders in our predicament - it just clarifies the issue and may speed up the current process of winding up - please DYOR |
Posted at 11/11/2010 15:52 by jarbie Now we know why JRVS collapsedmost likely they and NR will be sued over the accident with heavy fines to follow which would cripple JRVS anyway as reported in the Telegraph or the BBC recently - DYOR please |
Posted at 29/10/2010 23:41 by pwhite73 Serious allegations relating to fraud, mismanagement and bribes for contracts have been swirling around Network Rail for the last two years. It has now got so bad that in August the Transport Secretary Philip Hammond pledged to open up Network Rail to the Freedom of Information Act.I am not aware of a date yet but when one is announced I will inform the thread. The FOI is the first step to compensation. For with this information shareholders and creditors will be able to see clearly the relationship that existed between JRVS and NR along with all documents relating to NR's refusal to guarantee future work to JRVS. Its no secret the CEO Iain Croucher jumped in June whilst speculation abounded that the new coalition government was to put NR under closer scrutiny. Previously NR was exempt from the FOI although it received billions of tax payers funds. The collapse of JRVS was absolutely shameful and the more so because the work and probably more of it is still there. |
Posted at 08/6/2010 21:32 by srpactive The covenants were not breached and it was an asset backedloan. A large contract win via bam and the pfi division being benchmarked to the good should have been sufficient for burdale to continue to support jrvs, but Labour wanted jrvs in, so they could use jrvs work for the nwr employees. A complete Labour government stitch up imho, all will out. New Labour ensured ldc part of lloyds a government bank made millions available for funding sheltered housing only a few days after jrvs collasped, but not a UK rail company, that made £4.5m the other yr and would have been profitable again once control period 4 was started again, after the chiltern contract was finished in two yrs time, disgraceful. dyor regards active |
Posted at 05/5/2010 18:33 by srpactive Eddie Stobart recently moved into railwith stobart rail, jrvs fail and Gordon Brown is talking from a very labour loving Eddie Stobart depot. what do you make of the jrvs situation as you have always been negative on jrvs and obviously proved right. But I knew it was a recovery situation and losses are just part of the course when investing for many yrs like me, but I really did think jrvs would slowly pull through as the good and bad signs were there. Where are you investing at the moment? regards active |
Posted at 30/3/2010 21:44 by srpactive stepin 1excellent post, thank you. Maybe they could get funding for the railside and sell the pfi and then pay nwr an amount back and just keep jrvs very small helping nwr, and also by keeping jrvs alive it will ensure bby keep their tenders at a sensibly price due to jrvs competition. If jrvs are allowed to go, bby could be in a position to raise their prices dramatically and end up costing nwr more money for work done. If the dft keep jrvs going it could be just for the benefit of getting more work done at a lower price. Come on Mr Adonis, lets see sense, if the banks can be kept alive owing £bn's surely jrvs' working class paid up rail engineers can be. dyor regards active |
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