Carillion Share Discussion Threads

[sux_2bu] 08/6/2017 16:59

Sell the rise and get out of dodge as this is going to tank.

The hedge funds have warned you.


www.ft.com/content/153913cc-1a0b-11e7-bcac-6d03d067f81f

[m4rtinu] 07/6/2017 08:44

Thorpematt

This link doesn't give the figures but a description of ME activity, including Qatar.



Annual report gives overall ME revenue and also stated margins there very thin. 2.5% ish from memory. Would hope they wouldn't enter into more deals with such low margins given CLLN overall intention of decent contract selection.

[rcturner2] 07/6/2017 07:55

One thing we haven't seen is director purchases. It would be good for holders if we saw directors buying at these prices.

[lab305] 06/6/2017 21:29

It will need a sea change of opinion to dislodge the shorters. The dividend is nothing to them as just over the last two days they have made more than the latest dividend cost.The middle east has their biggest project in Doha. Another headache is their inability to reduce debt and they have already stated that debt will rise at the interim. Why ? We need a change of direction and quick. I think drastic measures are required. Slash the dividend and use half to cut the debt and the other on a share buy back programme. Relate pay of directors to share price performance and it would be nice to see some director buys for a change.

[sux_2bu] 06/6/2017 21:14

£3.00, lol.

That's history and probably never be seen again in your life time.

[bend1pa] 06/6/2017 21:14

A classic lesson here in avoiding high-yielding shares like the plague. Much of the time you end up losing most of your capital...and eventually the div too.

[kcsham] 06/6/2017 21:13

Personally I believe that as the share price getting lower the end of the shorting game comes closer.The risk of shorting the share becomes higher and higher as the share price getting lower. I am still content. K C

[staylow2] 06/6/2017 21:04

*say :-)I can imagine it costs a fortune, but when it's distributed amongst a few funds it's a small piece each, whilst they collectively pile on together and drive it down further. Who knows they might all buy back at this low and before you know it, it's £3.00...........

[edmundshaw] 06/6/2017 20:17

satylow, shorts do have to close eventually; and keeping them open requires borrowing costs of the shares and paying the dividend to the lender. So not a cheap exercise to hold for years where the yield is pushing 10%...

[kcsham] 06/6/2017 20:02

staylow2 - Well say!K C

[staylow2] 06/6/2017 17:15

Hi Kcsham, You're right, it does and I don't want to pretend I know the business or fundamentals of the business enough to make a judgement call on the future direction based limited knowledge. I guess what I meant to was - CLLN and pretty much all shares that have heavy shorts on them, seem to be screwed. The natural "cycle" in price is hampered by huge short sells that pin the price. Which in turn makes me want to avoid them, not based on the company but the very fact that the shorts have such effect on price movement. Best of luck to you and all in position.

[lab305] 06/6/2017 17:08

Understatement of the year !

[11_percent] 06/6/2017 17:08

Well, that's 200p gone.

[m4rtinu] 06/6/2017 16:51

Not a great day, SP-wise.

[kcsham] 06/6/2017 16:37

staylow2 - You are right to say:"It's hard to see any optimism in this share."It takes courage and patience to make a good profit from the market. Of course, there will never have a guarantee.Make your own judgement and decision.Good luck to you!K C

[snowtime] 06/6/2017 16:25

Well I'm feeling optimistic and have picked up some cheap share & hopefully they will still be low until my divi cheque lands on Friday and I can get more while the price is low..

[staylow2] 06/6/2017 16:01

It's hard to see any optimism in this share. It's just constantly taking a hit

[sux_2bu] 06/6/2017 15:26

If 183p and 175p, break......the pain will be severe.

Use any bounce to previous support (circa 200p) to sell and get out of dodge.

[racg] 06/6/2017 13:48

Be nice for us to get back to £2

[redartbmud] 06/6/2017 13:08

Half year trading update due 11 July.

[kcsham] 06/6/2017 12:42

One of the main reasons for a company turns itself to plc is give itself a better ability to raise loans from the market.A lot "high growth" companies have high debt and use it to fund the rapid expansion of their business. While the size of the debt of company deserves to attract attention, it does not always indicate crisis. What important is how the company to use its debt for and the most important is: "Could the company served its debt comfortably?"For years Carillion has progressively increased its dividend pay out without showing any sign of stress. The company is continuously bringing in profit year after year, but the share price hits its 8 years low. Is this logical and will continue. Make your own judgement.It is obvious that the shorters still trading theirvbet in daily bases and the share price keep on coming down. However, I have noticed that the shorters' trading range getting narrower day after day. As the share price getting such low, how far do the shorters dare to continue to short sell Carillion's at this ever lowest price? Make your own judgement.K C

[zcaprd7] 06/6/2017 12:36

I suppose Jeremy corbyn is the friend of all hedge funds. Lol

[sux_2bu] 06/6/2017 12:33

Market knows of impending trouble.Wonder if they will take it sub 100p.