Christian Salvesen Share Discussion Threads

[day_dreamer] 19/2/2003 10:13

Sells having no impact at present with the mm's.

4 bid 1 offer on L2.

Gravy

[day_dreamer] 19/2/2003 09:43

Some profit taking but still 4 bid 2 offer at 33-35p.

Tempted to join then :-))

Gravy

[jelfsie] 19/2/2003 09:41

The only thing thats shocking about this is someone knew a profit warning was coming and traded accordingly!. Still thats the "City" for you. I'm still not buying yet, but a short term bounce to 35p is possible.

[day_dreamer] 19/2/2003 09:33

Recovering rapidly

4 bid 1 offer 32-34p

Gravy

[day_dreamer] 19/2/2003 09:29

Reckon still more in the tank, all mm have gone blue.

5 bid 3 offer at 30-33p.

Gravy

[day_dreamer] 19/2/2003 09:16

Going higher intraday on L2 though.

5 bid 2 offer at 29-31p.

Gravy

[hybrasil] 19/2/2003 09:14

NAV 17p It could go that low!

[day_dreamer] 19/2/2003 08:58

Anybody trading this for a bounce then ??
Lot of mm's turning blue now.
6 v 3 at 28-31 on L2.

Gravy

[jelfsie] 18/2/2003 10:55

Unloved since it's bungled refusal to talk in 2000, and the on-going potential for Custos to dump its shares. Reliant on the low growth / deflationary food and industrial sectors, add to that problems of rising petrol costs, cut-throat competition, and rising insurance costs and you can see why SVC's margins are suffering. Some would say net Debt at £130M is beginning to look stretched against mkt cap. Having said that, the recent slide in the share price has brought the shares into interesting terratory IMO. OCF is reasonably steady at circa £70M a year, and it does have some excellent contracts, which means that VC funds will be dusting off their files below 50p. The controlling interest of the family shareholders will remain an obstacle, unless they take it private of course!!!.

[pictureframe] 18/2/2003 08:50

anyone following this one ? not in yet but trying to establish the drop

[hybrasil] 13/2/2003 13:33

Could it be as bad as the market says . The company says it will meet expectaions. The dividend yield is 15% and the share keeps falling

[jelfsie] 12/2/2003 14:41

or a swan in a very cunning disguise.

[the jock] 12/2/2003 14:08

If it walks like a duck,quacks like a duck there is every chance it is a duck,and a lame one at that.

[hybrasil] 11/2/2003 09:03

I have been watching these fall and fall . Does anyone know the company. Is trading as bad as the share price indicates.

[strark] 06/12/2002 17:09

Anyone else think the 650,000 trade at the close is a BUY? Would suggest it mops up all the sells priced between 63p and 63.75p

[strark] 06/12/2002 15:15

Looks like a big buyer in the background here? Number of large sells but price stays level. Would be handy if someone is stake building?

[bigmolly] 03/12/2002 12:38

No MBO in my opinion, can't see with the track record whom would back it, my moneies on a paper bid, backed and supported by Custos, break up two divisions, quick, become much smaller and very focused, take out all H/O overheads, bring them into existing infrastructure, shake out the non effect mgt, put a lot out to graze.

Either way as hard as it must be these guys are great operators with a resonable IT platform. Just don't seem to get it integrated.

As for Dr Roddeerick, he has promised and promised shareholder value, and hasn't delivered, I for one will be attending my first AGM next year.

[retchtub] 03/12/2002 08:50

divi held @ 2.65p
must be around 11% for the year at this price

[retchtub] 26/11/2002 14:38

have we seen the bottom small mark up to day from the low
will there be a run up to results next tuesday
when these move they go quickly
any thoughts out there ?

[ccnp] 15/11/2002 20:14

If you believe (as I do) that UK plc is about to hit the buffers then these guys will hurt but who cares ? The family are commited and can't bail out

If you think UK plc is on the verge of a Gordon Brown inspired growth cycle of intergalactic proportions....................keep taking the mushrooms

and pack away a few of these. Every dog has its day. Crufts Best In Class approaching for SVC. Maybe best in group.

[bigmolly] 20/9/2002 12:56

closed my sht today....may go lower but approaching asset value...so may be of interest as bid. take a look at dart ( drt) similiar track record, fall.

[fastbuck] 18/9/2002 17:04

600,000 sold at 64.5p today !!!

[fastbuck] 18/9/2002 14:06

Should re-name this thread 'No one likes SVC'

I seem to have seen more selling than buying for weeks now, with the profit warning from T & B above and the market makers taking on more stock they seem to be dropping the price. Down 4p so far today at 63-66p, down from 92p in the last three months despite saying they 'expect to make progress in the current year' i.e. hope not to record a fall in profits.