Carillion Share Discussion Threads

[kumala] 15/1/2018 17:51

Because theres no price to move!!!!!!!

[red5] 15/1/2018 17:34

No price movement today why?

[rcturner2] 15/1/2018 16:56

The best bit was the directors changed the rules on bonus clawbacks 12 months ago to ensure that they did not suffer if/when it went under.

[fenners66] 15/1/2018 16:51

There is valid sympathy for the pensioners here and of course the pension fund.

I would like you to think about the cash crisis solution those noble directors came up with .
A solution which dealy thought was acceptable.
A solution which said to me (and I said on here at the time) that the pension trustees must have had a gun to their heads which told us that matters were even worse.....

The directors knowing the pension fund was underwater agreed to defer payment to the fund for months in return for some interest - which I guess they will not be paying now.

Furthermore they wanted the pension fund to waive it's right to funding - cash which CLLN was obligated to pay - in return instead for CLLN shares!

Which we now know are worthless.

What would be the outcome for pensioners if they had accepted as opposed to where they are ranked as creditors now / with the pension protection scheme?

All the while directors were presumably paid bonuses or money to leave.

When the FD left on 31-12-2016 how much did he walk out with ?

What timing !

5 Years worth of profits written off less than 7 months later.


Look at management for where the fault lies.....

[sagheer1] 15/1/2018 16:43

Many thanks Calahan and hpcg. Very useful advice. I will look at few shares and deal in virtual portfolio.
I have learnt lesson from my recent loss in Carillion. No one else to blame. Many posters were warning but few few comments on the board made me optimistic about Carillion. I wish I had sold last week.

[wallywoo] 15/1/2018 16:25

Andy sneering really when and where? I only shorted this to maintain a interest in a company I was sure would fail. I stated my reasons in the hope others would see too. The only bitter person here is you

[bullet ant] 15/1/2018 16:05

LOL
Gaffer was buying CHL too, with deb's till suspension. I remember the old geezer, I am not sure if he was one of the chaps whom crossed trade with my shorts.

[bullet ant] 15/1/2018 16:05

Poor Gaffer

[sux_2bu] 15/1/2018 16:00

Is jaf still collecting clln dividends?

[karadas09] 15/1/2018 15:46

@Erogenous Jones - I agree with your point about watching dealing charges, but note that some brokers allow you to set up a regular investment plan where you can buy shares for ~ £2 a trade. This allows a small investor to drop in regular amounts and smooth the timing risk of buying an equity in one big hit. I recently switched to this model myself.

[turbotrader2] 15/1/2018 15:42

UEN news is due this week

[tradejunkie2] 15/1/2018 15:12

sagheer1 - Check out VED

[gregpeck7] 15/1/2018 15:03

Uen in the move nicely.. oil back in focus.

[hpcg] 15/1/2018 14:44

Sagheer

1: Spend some time educating yourself, read a few books, get an understanding of accounts, get an understanding of charts (some people are fundamentals only, some technical only, I couldn't do without both). Get to understand how the market works, why share prices moved the way they did on announcements. I'm afraid the message boards are your enemy here; there is no way to distinguish between the wheat and the chaff until you already know what you are doing.

2: Be prepared to later dedicate time to researching investments and continuous learning, honing of skills.
3: Don't expect to get rich quick.

There is no easy way I'm afraid.

If you want some actionable things to limit losses for now:
1: High dividends are a warning sign.
2: Low PEs are a warning sign.
3: A share price trending lower is a warning sign.
4: Cut your losses as soon as you reasonably can. The earlier you do the easier it is.
5: Everyone has losers. Everyone. Every single person without exception. Successful people take their loss and move on, unsuccessful people "wait to get their money back".
6: Monitor your performance. Until you get a reasonable success rate keep stakes in individual companies low, and your portfolio diverse. Stay in the game until you can reliably make money.
7: The investment industry will say you can't time the market (because they want your fees all the time). You have to be able to time the market, and each instrument within it. Nothing goes up for ever and one day this bull market will at least correct. Same with individual shares. It's difficult, and no one is perfect. You have to find your own style here.

[calahan] 15/1/2018 14:20

@ sagheer1 - The very best advice is not to blindly listen to random people on the internet. Especially not is they are offering advise as to what shares to buy or offering up some hot share tip.

By all means take any such tips and advise as the very basic start point of what share to start researching, but strictly as a starting point for your own research. Never as the sole basis of it. And on absolutely no account should you ever buy a share based on /just/ a forum comment (or likewise advice from a random person on the internet).

You have to view a user's comment for precisely what they are, which is just an opinion, and at face value has no more credit or chance of being right or wrong than the next random person's comment or advise. Once you've been doing this, and you've been around for a long time, then you will naturally get your own feel for which users opinions you can generally trust, and those you can't, but you have to obtain that feeling for yourself.

But nothing can or ever will replace doing your own research on a share, and forming your own opinion on it. If you are unable to do either of these things either now, or in the future, then you should probably stop investing in the stock market before you start, and cease any further action until you have started doing so. Same applies if you are only ever going to invest based on other people's opinions. Especially so if they are the random person on the internet variety. If you are going to base your investments purely on tips from various people or sources, then stop now before it costs you. Dearly.

The stock market isn't going anywhere, and since you have only just started, I would advise you to run a dummy portfolio for at least a year. Start with £100k, and genuinely put effort into the shares you buy/sell, the decisions you make, and the research those decisions are based on. If after a year you're happy with the performance of your dummy portfolio, then you can start trying to turn it into reality. But if it performed badly (against the overall market) then you can start trying to identify where you made mistakes, and hopefully pinpoint how and why you made them, and then run a dummy portfolio for another year to see if you've corrected those mistakes.

As I said, the stock market isn't going anywhere, but if you lose a significant amount of your capital right off the bat then it can take years to recoup it. Or never if you don't learn from the mistakes (that caused you to lose it). Or worse still throw good money after bad by continuing to make the same mistakes over and over. Meaning you'd have been far better off not having bought any shares to begin with. Hence the point behind running a dummy portfolio to test your own ability before risking any (more) of your actual capital.

Edit - And if you haven't already read them, then there are a number of good books about investing in the stock market. So read as many of these as you can is also a good idea (even if they convince you you're not suited to investing, they'd be well worth reading to arrive at that conclusion, and the money you'd avoid losing because of it).

[sportbilly1976] 15/1/2018 14:17

How many you need to close out? Reckon every man & his dog in Mayfair also trying to match off today :)

[bullet ant] 15/1/2018 13:24

Needs some more longs to settle for the cross trade.

0.05p per shares per 100K block.

BA
Stealing is good

[mercer95] 15/1/2018 13:23

Have a look at Centrica sagheer but that’s just my opinion