Carillion Share Discussion Threads

[rcturner2] 31/10/2017 15:10

excell, I wish I has been short lol.

I have never shorted a share in my life.

Half my investments are in high yield stocks, hence why I held Carillion in the past.

Long term holdings of Phoenix, L&G, KCOM & Vodafone all doing nicely.

Bought into Marstons and Inmarsat recently as they seem very low.

[ileeman] 31/10/2017 15:07

What you on now russell like half a mil lol

[russell250] 31/10/2017 15:05

Halloween may come back to haunt me - just bought £200k

heavy in this stock now

[pal44] 31/10/2017 14:51

lol have a look at ONL it may just rocket today .. GLA

[excell1] 31/10/2017 09:31

You have had plenty of time RCT to get out.Don't make the mistake of continuing to short.

[rcturner2] 31/10/2017 09:14

There are so many good companies out there lol and you guys have to pick this one.

[ileeman] 31/10/2017 09:12

wallywoo no mention of the shorts closing yesterday normally you are so vocal about shorts why are you so quiet haha

[racg] 31/10/2017 09:11

Yes before exceptionals plenty profit. Also RCT you made up that I made that up, obviously is underlying earnings of circa £100 million. LOL. You are getting desperate now.

Worm is turning.

Ps. If no disposals, Wally would say they have no asset to sell. If disposal, oh 'cherry pick', you disingenuous. Your shorts should close. You are very greedy shorters, you ll lose the lot. You been sucked in.

[racg] 31/10/2017 09:11

Yes before exceptionals plenty profit. Also RCT you made up that I made that up, obviously is underlying earnings of circa £100 million. LOL. You are getting desperate now.

Worm is turning.

Ps. If no disposals, Wally would say they have no asset to sell. If disposal, oh 'cherry pick', you disingenuous. Your shorts should close. You are very greedy shorters, you ll lose the lot. You been sucked in.

[fenners66] 31/10/2017 09:02

Fact is there is no profit here over the last 5 years !

[wallywoo] 31/10/2017 09:00

Go Blue? this is in the same price range 44-47 for the last 4 weeks. Just hot air

[fenners66] 31/10/2017 09:00

"to remain well in the black in 2017 and 2018"

That is the sort of BS that I have always had a real issue with.

They are going to lose the thick end of £ 1 Bn !

But everyone wants to refer to adjusted earnings which may be a profit as long as you ignore the Death Star in the room that is £1bn of losses - I would say Elephant in the room but its way too big for that.

Why ?

Why adjust the losses away ?
After all when you look back at the last 5 years did they announce they were all losses after removing the fictional profits that they didn't earn that they erroneously added in?

This is corporate cake and eat it time - they declared profits that never were and now want to correct the error by saying that on finding all the errors this year they are one off items ! BS!


Try restating the last 5 years accounts instead and then adding to this years numbers the identified losses for this year, comparison does not look so good when you see there were no previous profits does it !

I know that there is often an approach to categorise as much as possible as "one off" cost just so that the "adjusted " numbers look better, when you look back over the last 5 years here - despite ignoring this years £1bn there were already huge amounts of "one off adjusted" costs .

So when are one offs just the norm? If they happen every year?

[ileeman] 31/10/2017 08:58

haha

Anyone notice we go blue and wallywoo starts crying. Also interesting to see he doesnt mention the short closing yesterday seeing as he is such a voice of the shorters.

lol

[wallywoo] 31/10/2017 08:55

horrible to see sucker investors getting pulled in to this mess, with greed. You will all regret it soon enough. Please have a good look at the balance sheet first. This has more holes than Swiss cheese.

Selling a stake in a successful property developer, is just cherry picking by vultures. You are left with the sh*te!

[srpactive] 31/10/2017 08:50

Dealy

Agree, when above 100p I would have thought unless
RCT2 is closer to the truth. I have been buying a few more
last week, dyor.

[rcturner2] 31/10/2017 08:49

lol racg

no they are not referencing "underlying earnings"

you just made that up

dearie me

[dealy] 31/10/2017 08:47

Regular news updates showing that the company is on the right track. No gun to the head rights issue or D4e coming in the next few months. That will be looked when the ship is much more stable

[racg] 31/10/2017 08:46

Duh, they are referencing underlying earnings. Tell me, what PE multiple is Serco on?

[racg] 31/10/2017 08:42

Wow, in that case it must be worthless. Either that or perhaps you are a bit dim, short witted and ''a bit blind''?

[rcturner2] 31/10/2017 08:33

Carillion is not on a PE of 2, since it doesn't have any earnings. It hasn't made a profit in any of the last 5 years.

[ileeman] 31/10/2017 08:22

Yea some positive articles on CLLN coming out. Given market cap not hard to see the reward here.

[excell1] 31/10/2017 08:21

From another board.

Motley gone positive - article released yesterday afternoon: -Clearly, Carillion faces a long road back to financial health and earnings growth. However, the same could have been said about Balfour Beatty just a few years ago. The former released multiple profit warnings and saw its share price decline by over 50% from peak to trough. Now though, it£s making strong progress with a turnaround plan and could hold significant investment potential for the long run.

As such, Carillion could be a strong turnaround play. It trades on a price-to-earnings (P/E) ratio of just 2, which suggests the market may have overdone its recent share price fall. Certainly, there is scope for significant falls in its profitability over the medium term. But with its bottom line expected to remain well in the black in 2017 and 2018, there could still be a sound business on offer for investors who are willing to accept high volatility and uncertainty.

Of course, the stock is a relatively risky option. But with high risk comes high potential reward, which could make Carillion a worthwhile option for less risk-averse investors with a long-term timeframe.

[gkp heros] 31/10/2017 08:17

I can see daily positive news drops here all the way until they new CEO takes control. £1 for Xmas

[fenners66] 31/10/2017 08:15

Well at least they have answered the question whether the disposal will make a profit or a loss, "The transaction is expected to generate a modest profit on disposal"
I guess that is dependent upon the final £1m being paid. "cash consideration is contingent on the sale of 100 Embankment"

But of course that begs the question - if they can declare a modest profit on a £13m disposal why did they not declare on the sale of UK Healthcare for £50m?

Could it be that was a more significant loss?