Carillion Share Discussion Threads

[wallywoo] 27/10/2017 09:13

lol, right everyone who is negative on this share is a professional deramper!

racg, and JAF, who have posted that this will rise massively over May, June and July when this was 200p are honest good investors who are giving other good investors excellent advice!!!!

So now the share price is 45p, and who is ramping this to 100p, ah yes racg

Keep an eye on that short percentage. It will continue to rise. They need suckers to buy shares so they can short them for better prices

[racg] 27/10/2017 09:07

Wow! RC2 thanks! I ll go short then, shall I? I thought you didn't do price targets?

''I never ever made a price target, no never, anyone who says different is a liar. A liar I tell you. I will sue. I challenge you to an IQ test!!!?

No, no I m not desperately sowing as much negative news as I can. It's all true, I tell you!!'

[jaf1948] 27/10/2017 09:06

You mustn't be too hard on them - they are only doing their job.

[racg] 27/10/2017 09:00

No, no, no. Don't you know they had a finance director and he left? Also Black rock, who have never reversed a position or been wrong, they are short. Also, they cannot win work. Who would supply them? I tell you who, nobody. Too risky you see. No way will banks be supportive. No way. Banks will crucify them. Losses ok for banks. Historical losses not ok for Carillion. Also they small, tiny, tiny company. So tiny, only have four employees. Also also cannot attract new talent. No way. By the way, I m very clever. I have no financial interest. I m telling you all this for your own good. All divisions worthless. All debts doubling soon. My friends will be along soon to confirm that what I say is not too far from the truth. God, I admire them. Selfless they are. Digging out bad news, repeating old news, casting aspersions on the future of the company, all for free.

Heavily into charity, they are. Me too. Give millions away. Just like Carillion. Loser company. Loser.

(With thanks to Fenners and RC2 for inspiration)

:)

[rcturner2] 27/10/2017 08:59

They'll be bust before he arrives at his desk.

[ileeman] 27/10/2017 08:52

Great news.

Last few RNS have been most welcomed and back up why I have been buying. Recovery in share price could be spectacular if they continue making the right steps.

[racg] 27/10/2017 07:46

No no no terrible. Get with the shorters agenda. Any RNS must be greeted with, '75% chance it will go bust', 'target 1p', there can be no good news in the echo chamber. :)

[ayl30] 27/10/2017 07:37

Really good news, he will built a good management team. Can only be a positive for the shares, at least he will get his share options at rock bottom price, good for him

[russell250] 27/10/2017 07:25

well respected ceo Andrew davies -

bovis were after him

short listed 2016 building awards ceo of year

[kirk 6] 27/10/2017 07:20

Should rise hard today

[dealy] 27/10/2017 07:11

New ceo should boost the stock today

[racg] 27/10/2017 04:20

Fenners increasingly hard for you to look sadly at Carillion. All your points are about the past and are in the price. This now, is all about recovery. It will continue apace.

[racg] 27/10/2017 04:17

Obviously, info leaked to shame Qatar into ponying up.

The £200 mil has already been provisioned so any recovery will be super beneficial.

I am sure they will horse trade something out of it.

Glad to see, they were super pessimistic assuming no recovery.

That can only be good for the day news arrives they be recovered a lump of it.

[fenners66] 26/10/2017 22:51

Beat you to it

[ileeman] 26/10/2017 22:48

Every little helps.

"A well-placed source said: “There are outstanding balances that need to be settled by both Msheireb and Carillion. Both companies owe a sum to the other, and discussions are ongoing to reach an agreement over what balances will be paid.”

[fenners66] 26/10/2017 22:47

This bit - if true - is interesting

"The cash-strapped firm has not been paid for almost a year for work on a $650m (£493m) contract "

So when some on here were defending the FD saying he had initiated an investigation - I was saying that the idea they were missing cash flow was a massive give-away that they had issues earlier.

This suggests the issue goes back to say Sep 16 - but the FD went to the AGM in May saying everything was hunky dory.

Draw your own conclusions - I did at the time and the FD has since left.

Having said all that it helps to come to a conclusion if you know how business works.

Oh and before anyone jumps on the idea that there may still be collections against the £200m - this is not a bank so adding that to the £845m and producing the accounts puts this company in jeopardy something that you do not mess with. Huge banks can cope with large bad debt reserves and they work well with Corporation Tax - 'almost small cap' construction companies can't.

[fenners66] 26/10/2017 22:21

You know what, hedging both sides can be profitable.

Take a drug company in phase 3 trials - it will either work and be commercially marketed or it will not and the product will fail. Get a small enough company and the share price will pretty much go one way or another - its a binary event , heads or tails , get your stop loss in and win either way.

So assuming a "hedging short" you have at last agreed that some of these experts see the very real possibility of the share price crashing - from here.

That possibility centres on whether there is a deep discount rights issue or they just go bust.
Are you going to hedge?
Or are you feeling lucky?

[ileeman] 26/10/2017 21:06

I dont think wallywoo knows what hedging is and I dont think he knows basic sums, 26% short position has dropped to 17% short positions so they are falling in general and will continue to fall.

Also a sign of a very bad trader/investor concentrating on other people. I bought cause I think it looks very cheap.

[excell1] 26/10/2017 19:05

But some companies have dropped out of their short positions.
Plus some are both long and short i.e.they are hedging some of their holdings.

[wallywoo] 26/10/2017 18:32

2 more companies adding to their shorts today. Do your self a favour and stop buying. It will end in tears

[ileeman] 26/10/2017 16:30

Bought a few more at 44.5p.

[pally12] 26/10/2017 13:23

Full year results due 06/12/2017 fingers and legs crossed

[russell250] 26/10/2017 11:50

like paint drying today ----

[racg] 26/10/2017 11:32

They will also turn on a six pence and go long before you can blink.

Telling us old news frequently does not make it new news.

All in the price already.

Some good news and wahay, we ll shoot up.