Carillion Share Discussion Threads

[kcsham] 10/4/2017 07:46

RNS Number : 9943B

Carillion PLC

10 April 2017

10 April 2017

Carillion Joint Venture awarded HESTIA contract by Defence Infrastructure Organisation (DIO) with a potential value of up to GBP200 million

A Carillion Joint Venture, has been awarded the HESTIA South East and London Region Multi Activity Contract, one of the seven HESTIA contracts that will be awarded. This contract has the potential to generate in excess of GBP200 million across the initial contract period of five years, based on retail revenue projections.......

[kcsham] 10/4/2017 07:43

Another MoD contract won!

[...]

K C

[edmundshaw] 07/4/2017 08:41

Paws off my dividend >:-(

[shawzie] 06/4/2017 20:39

shawzie - 27 Jan 2017 - 14:35:21 - 3335 of 4434 Carillion - Charts & News - CLLN
shawzie - 13 Oct 2015 - 14:30:57 - 2250 of 3334 Carillion - Charts & News - CLLN
Perhaps a share price in the range 200p to 220p with a halving of the current dividend, a start in writing down intangibles and a reduction in creditors might change investors from short to long.

Still of same mind.

[kcsham] 06/4/2017 12:59

Shorters are closing their bet now down to 20.6%.

[jaf1948] 06/4/2017 12:40

scotches,

Many thanks - that worked perfectly.

[scotches] 06/4/2017 11:13

You can access most FT articles (apart from Lex) without a sub simply by putting the article title into google.

"Anatomy of a trade: the persistence of Carillion’s short sellers"

[jaf1948] 06/4/2017 11:06

Jeff,

Unfortunately, subscription only.

[m4rtinu] 06/4/2017 09:26

Shorts down 4% since start of March.

[rcturner2] 06/4/2017 08:21

The levels around 210p look like important chart points. Any break below 210p would highly likely see the price drop below 200p.

[garycook] 04/4/2017 16:07

JAF,Sure can never trust some analysis recs.CLLN will go where the markets dictate.

[jaf1948] 04/4/2017 15:37

Gary,

That's not quite correct. The target price has indeed been reduced but the 'SELL' recommendation has been there since March 17th 2015 so it is not a new downgrade.

Note that Jefferies has a TP of 230.00, Canaccord Genuity have a TP of 200.00 and JP Morgan Cazenove has a TP of 231.00 so I question the value of UBS's contribution.

[garycook] 04/4/2017 14:28

UBS downgrades CLLN to a sell and reduces the TP from 195 to 185.Maybe a bit harsh.But see a new trading range of 200-225 coming.And if we get a retracement in the FTSE,it could go has low as 185,and give a 10% yield,which would be a nice entry point.

[m4rtinu] 04/4/2017 09:51

Extract:

"Softer growth [in Construction PMI] primarily reflected a loss of momentum in housing
activity, which offset a rebound in both commercial and civil engineering activity. The latest increase in work on civil engineering projects was the fastest so far in 2017 and the strongest of the three subcategories monitored by the survey in March."

[kcsham] 01/4/2017 10:50

GARYCOOK - Yes, it could be some down pressure around XD day. I might join you to buy more if your target price can be reached. Anyway all the best!

[garycook] 01/4/2017 06:03

kcsham,Yes me too.Not a Trader,but a long term Income investor.CLLN fits the bill,because of its yield,but its the negative,s.So I would want to buy it at the bottom of any trading range.£2 would be ideal,but I think with a 12.65p dividend due May 11 maybe 212/13.

[kcsham] 31/3/2017 15:11

GARYCOOK - You stated that "......Its in a trading range 208-235.Make the most of the rise,because it will come back down for sure."Although I am not agree with you that 'it will come back down for 'sure'', I must say you read chart pretty good and understand it better than somebody.I agree with you that Carillion is still within a trading range, I believe the trading range is now between 215 and 235.I hope you can get back in with a price you happy of. All the best to your investment.

[kcsham] 31/3/2017 12:53

JAF1948 - Sorry JAF, my mistake!

[jaf1948] 31/3/2017 11:43

Kcsham,I don't mind you quoting me but you could get my name right !

[rcturner2] 31/3/2017 11:20

"The chart shows a potential break through for an upward trend for the share price The fact is the share price stabilised and on the up again. "

Is complete rubbish.

[kcsham] 31/3/2017 10:33

I believe the traders should buy the share now at its lower end of the trading range (if that is true) otherwise they will miss the boat.Although unfortunately (or fortunately) I am no a trader, I don't need to worry about missing the boat.------------"If you don't need to get your capital back in a hurry, there is every reason to hold or even buy more which is exactly what I am doing."Sorry Jap, I quoted your statement above on your post 4396

[edmundshaw] 31/3/2017 10:25

North Midland is a great recovery story; having bombed from 260p down to about £1 after some bad contract problems in 2011, it has over the last year and a bit recovered back to 250p.