Galliford Try Share Discussion Threads

[highlands] 13/3/2018 08:10

Some profit taking this morning

[careful] 12/3/2018 15:34

My average buy price is similar to yours doc.
I am easily pleased, just the prospect of a profit makes me feel smug.

[henryatkin] 12/3/2018 15:33

CC 2014.....KIE & MNGS haven't had their share price slaughtered anything like GFRD so no reason for them to bounce back as fast. GFRD has a far lower price to free cash flow than the other two, lower p/e & higher yield.

[dr_smith] 12/3/2018 15:26

Careful:
I seemingly cannot live up to your handle, despite trying, or smugness, having average buy in price of £12.25 :-)
..but entered as a long term and happy to wait Buffet style.

[careful] 12/3/2018 15:09

101p up over 11%.
I am feeling smart and smug again, an investor with special gifts.

[cc2014] 12/3/2018 15:08

Sorry - slow day on rest of market. I could have been clearer.

Kier is up to but only 2.3% and was doing better earlier in the day.

I can't work it out at all.

[marksp2011] 12/3/2018 15:06

short squeeze but......no real short poitions
weird

[careful] 12/3/2018 15:03

11.1% up.
A good day, these markets do not hang around, in either direction.

[cc2014] 12/3/2018 14:51

Something odd here. Can't be just the dividends. Must be a broker note or some news someone has got hold of we don't know about.

Could just be a buy program gone mad on a slow day

[dr_smith] 12/3/2018 14:00

Yes ex div 15/3/18 for div 28p paid 6/4/18 according to(bottom right margin):


I guess imminent div adds fuel to fire for recent buying, though not in itself a reason..and perhaps superflous considering pending rights call.

[the juggler] 12/3/2018 13:34

The volatility here has probably attracted a few traders who are in and out and in again.
I wouldn't be surprised if it gives back half of today's stellar gains. Overall it is a good investment at these prices.
Ex-div later this week (Thursday?)

[woodhawk] 12/3/2018 11:58

9% 'technical bounce' in 4 hours!? I doubt it.

[bobmonkeyhouse] 12/3/2018 11:48

Look at the chart, long term resistance at 800, just a technical bounce I reckon after falling 50%

[bigbertie] 12/3/2018 11:45

Two thoughts - it goes ex-div on Thursday, and I think the public finances look slightly healthier than Hammond feared. Both of those things could cause a flicker of optimism this weak.

But for pessimists, the snowdrifts must have caused problems on some construction sites!

[careful] 12/3/2018 10:25

Maybe Hammond will announce some new initiative on housebuilding.
It will happen just a matter of time.

[dr_smith] 12/3/2018 10:21

The share price is way down IMO from where it should be post CRLN and news of rights issue...so share price itself isn't surprise to me..but the sudden jump is.

I hold in IQE - business totally unrelated, but it has been victim to shorters with many and varied tricks to decimate price, despite it being in an expanding market with excelent prospects.

I wonder if shorters have similarly been playing a game with GFRD, capitalising on the bad news, sending price further down...until share price makes it crazy for big players not to jump in and buy... but my thought is weak on looking at timing, why first thing on a Monday...why didn't they buy Friday, maybe an article in Sunday papers?

[bostonborn] 12/3/2018 10:12

I've noticed Kier plc (KIE) is also up 4% this morning perhaps a sector brokers note, or possible interest from Kier??? We shall see.

[highlands] 12/3/2018 09:19

There is definitely something going on. They'll have to release some news soon.Hopefully some really good news and not just going up based on a rumour

[careful] 12/3/2018 09:08

Get this rights issue out of the way.
We could eventually return to previous highs here.
Balance sheet will be strong, no pension deficit, lessons learned from CLLN.
These markets create opportunities.

[bobmonkeyhouse] 12/3/2018 08:53

It has halved in the last 12 months! Just more buyers than sellers, maybe a buy note out somewhere

[ricer93] 12/3/2018 08:51

how can the price move so much without news? insiders trading?

[highlands] 12/3/2018 08:26

Big rise at close Friday and strong opening today. Something cooking?

[randomwalker] 12/3/2018 08:13

spike up

Bloomberg had a headline that hedgies were looking to short UK housebuilders.

hmmm

planted fake story?