Carillion Share Discussion Threads

[joe say] 19/7/2016 17:02

my point exactly - but the government thinks otherwise

[rcturner2] 19/7/2016 16:58

No, I think projects like that and Heathrow are too long term, they need impact now. They are more likely to choose smaller more local projects where money can be spent now not in 10 years time.

[joe say] 19/7/2016 14:56

Starting with the vfm HS2 ???

[rcturner2] 19/7/2016 14:21

If demand and investment do shrink noticeably within the UK economy, then I think Keynesian style public works will be the government response.

[thorpematt] 19/7/2016 13:35

I felt that Osbourne being moved on was telling. Mrs May seems to know her on mind, so a shift in policy on financial aspect is almost certain IMO.

May may be good for CLLN...Maybe

[thorpematt] 19/7/2016 13:29

H26,
Yep it's not the worst idea in the world is it?

I have to say the low interest rates do not seem to be working for any econlomy across the worls right now. Whilst I am in favour of controlling public spending and debt there comes at time when low borrowing costs need to be considered as a golden opportunity to build some worthwhile projects wwhich can boost the economy now and for the future.

[tini5] 14/7/2016 22:56

Ok, thanks :-)

[haywards26] 14/7/2016 22:41

I see the new cabinet are talking about infrastructure spending to keep the UK economy turning...good news

[wad collector] 14/7/2016 22:21

Conventionally it would suggest that the shorters see risk of share price rise exceeds the risk of share price fall. But here....who knows? Convention has taken a back seat.

[tini5] 14/7/2016 20:13

Thanks, appreciate it. If shorts are closing that's a positive sign though I should think?

[8w] 14/7/2016 18:27

Shorts are reducing positions, down to just 18.7% now.

[zcaprd7] 14/7/2016 18:14

Looks like off loading to me... It is a most frustrating share to own for capital gains. Sticking for the dividends.

[tini5] 14/7/2016 14:35

Can someone please explain the recent RNS announcements with regards UBS, DAB, BlackRock etc and their holdings? Are these institutional investors increasing their holdings or reducing?

Thanks in advance.

[m4rtinu] 14/7/2016 12:12

Interest rates held at 0.5%. Seems like someone slipped at 12.00 mid day.

[wad collector] 12/7/2016 08:42

I have been convinced of that for the last 2 yrs.

[zcaprd7] 11/7/2016 16:36

Is that the bottom, finally?

[edmundshaw] 10/7/2016 19:44

Thanks. Part of the larger contracts update on the Carillion website:

[wad collector] 07/7/2016 10:02

Grexit? Them Greeks too?

[ch1ck] 07/7/2016 08:26

Its just looking for firm ground and is way over sold. Put it in a box for 10 years and you will have doubled your money in dividends alone.This is solid and life goes on after grexit this is a rough patch it will over come with ease, just look at the oder book

[zcaprd7] 06/7/2016 16:50

Agreed. But even on a 'good' day, it's weak...

[wad collector] 06/7/2016 10:49

I added again at 228. This is making my portfolio very unbalanced as I have a big holding of these and IRV , which worries me a bit , but it is hard not to read that update as confirmation that this is a bargain.
I suppose there is always a lingering doubt that the Directors are hiding some monstrous bad news that the auditors have not spotted yet ,but that possibility exists almost anywhere you put your money.
Patience will be required to my holding back in the blue I fear , but I will wait and spend the dividends.

[mirandaj] 06/7/2016 09:49

Also

Carillion Alawi was crowned Contractor of the Year at theConstruction Week Oman Awards 2016.

The trophy was presented to the company’s team in Oman at a gala dinner and winners’ ceremony held in Muscat last night.

Commenting on his firm’s activities in Oman, Abdullah Sarhan Al Alawi, business development manager at Carillion Alawi, said: “We performed well in 2015, and this year we are celebrating our 50th anniversary of continued presence in Oman.

“With our prestigious developments in the country, wherever you go, within 5km – especially in Muscat – you will see a project that has been built by Carillion Alawi during the past half century.

“We are doing very well in terms of health and safety, corporate social responsibility (CSR), and sustainability. We were confident that we could compete in this category; that’s why we submitted our nomination,” Al Alawi added.

Carillion Alawi has been a major construction organisation in Oman for over half a century. The firm has worked extensively in the Sultanate in conjunction with key clients, both public and private. Moreover, the contractor has successfully delivered some of the most prestigious projects in the country's history, according to Construction Week’s panel of judges.

One judge praised the company’s ability to secure and deliver Oman’s biggest and most challenging building projects, its contribution to the wider community, and the “excellent range of projects that it has delivered to the highest standards of quality, safety, and sustainability”.


In the words of another judge: “[Carillion Alawi] employs simply the best construction professionals in Oman.”

Construction Week

[redartbmud] 06/7/2016 08:50

APAD

Well done on the borrowings research.

The update was very encouraging. Given the current carnage in the construction sector, where share prices have fallen off the proverbial cliff, you would think that these companies would never make another profit.
Carillion derives more than half of its' income from service contracts. They will continue to roll, and provide some stability against the vagaries of construction.
The big worries are, of course, lumpy cash flow and the pension fund deficit.
It is difficult to pull against market sentiment for the construction sector at present. I suppose it is just a case of keeping your head down until sentiment changes, whenever that may be.

[apad] 06/7/2016 08:46

I top-sliced at 280p not so long ago, m.
I am much more comfortable after this rns.
This fall is to do with market uncertainty and the sector. Nothing is independent of context.
Other service companies have suffered but CLLN seem to be very prudently managed.
I'd like its cash flow to be more consistent, but I think I shall turn my attention elsewhere now, until the shorters back off that is.
GLA
apad