Carillion Share Discussion Threads

[jaf1948] 29/6/2017 14:44

And following on from that logic, if the company is really in such a mess as the share price seems to state, why have we not had any profit warnings from the company ?

[rcturner2] 29/6/2017 14:31

I have held Phoenix for many many years, it has been one of my best investments.

[edmundshaw] 29/6/2017 14:17

Still holding Phoenix too. Safe and reasonable prospects, good yield.

[rcturner2] 29/6/2017 14:12

I'm only holding KCOM and Phoenix at the moment.

Sold out Berkeley and Vodafone for tasty profits.

[edmundshaw] 29/6/2017 14:07

Anyone liking momentum and dividends and good news and value and growth might do worse than taking a look at HVN Harvey Nash.

[volsung] 29/6/2017 13:42

Did yous like my pome?

[jaf1948] 29/6/2017 13:34

Then buy CLLN. Or not. It is of no interest to me one way or another.

[rcturner2] 29/6/2017 13:25

lol JAF you can't help yourself can you

I only ever buy stocks that pay a dividend

[jaf1948] 29/6/2017 13:14

RCT,

Although, of course, it is none of your business, I am actually down 2.74% on my CLLN holding. It is a small loss because of something called DIVIDENDS which you may or may not have heard of.

Dividends make holding shares like CLLN worthwhile even whilst the shorters are playing their games. I commend the idea to you.

[volsung] 29/6/2017 13:05

The wind doth blow the cobwebs of our fates
as we scramble towards the tomb
I am the Holy Fool
Let me pass...

[haywards26] 29/6/2017 13:04

I don't think I have ever seen anything other than drivel written by Volsung on any board in over 10 years...Perhaps the words are secret code ha ha

[rcturner2] 29/6/2017 13:00

JAF, what are you down here, 20%?

[volsung] 29/6/2017 12:51

Thank you JAF

[jaf1948] 29/6/2017 12:45

Meaningless and pointless though the above post is, it is not the worst that I have read on here.

[volsung] 29/6/2017 12:33

carillion worth a million
Oh how i wish it
Oh how I wish it
Or even a billion
Or a zillion.
La la la la la la la la
Bom de boom de boom.
I love to sing..

[edmundshaw] 29/6/2017 12:16

What part of the business is expected to go wrong? With IRV we had a disaster in multiple energy-from-waste contracts that ramped up and got worse and worse over time, finally crashing the share price. I cannot see the early stages of anything comparable here...

[wallywoo] 29/6/2017 10:11

Ok prediction time for me (and yes I know nothing more than the rest of you, just guessing based on the share price action and experience):

1) This has further to fall, my guess is around £1, for whatever reason I think they will drop the dividend altogether and rebuild balance sheet.

2) I believe this share will follow a similar path to IRV, but is 18 months behind it, so it will take another 18-24 months to turnaround and by that time the share price will be way down from here

Hope I'm wrong, but I for one think I made the right decision to sell at £2.02 with a small loss. If I still held today I would still sell, based purely on the share price action.

[rcturner2] 29/6/2017 09:32

ed, yes and no

do you feel the same about a ratio between market cap and debt?

they are commonly combined to give EV

[nomdeplume] 29/6/2017 09:26

RCT : I can certainly agree with "something weird". And yet the solution looks so simple. Aim for share price around 250p, reduce the dividend to offer 4.5% at that price and use the saving to reduce debt. Or have I missed something?

[yump] 29/6/2017 09:22

I had no idea anyone measured that !

[edmundshaw] 29/6/2017 09:06

RCT agree that this situation is getting into silly territory. Just need to be patient for 11th.

FWIW I think a ratio comparing share price to pension deficit is one of the silliest ratios going. About as useful as a ratio of the length of the CEO's beard to the colour of his underpants.

[rcturner2] 29/6/2017 08:33

nom, when the PE ratio falls this low and the dividend yield gets this high, I would view that potentially as a warning signal. Either the market has completely mispriced Carillion or the earnings and the dividend will fall to result in more normal ratios. Carillion is definitely in the "something weird" territory, I have no idea of the outcome here.