Galliford Try Share Discussion Threads

[careful] 30/11/2018 15:37

Kier announcing rights issue today.
Their statement does not give comfort.
Lenders reluctant to lend to construction sector they say.

In view of this Kier statement, the recent GFRD rights issue, we need a reassuring statement.
The whole sector is being crushed.

[kevph] 30/11/2018 09:43

Interesting to see where this will land. Turbulent times throw up opportunities. TW showing a forward dividend of nearly 13%, so fair to say there is an element of hysteria with the sector.

[marksp2011] 29/11/2018 17:00

And kier and tw and psn etc

[deb81e] 29/11/2018 16:18

Agree, thought adding more at £8 would have been near bottom, how wrong 🙁

[waspfactory] 29/11/2018 15:35

Chuffing hell, this fall is relentless!!

[marksp2011] 21/11/2018 12:15

One of the things I have noticed about building companies is that they dont have good project management skills. It isn't a role with kudos. Probably explains why they can't manage building projects

just a thought :)

[careful] 21/11/2018 11:32

All builders are suffering sharp falls but this more than most.
My worst investment in current portfolio.

[eeza] 19/11/2018 22:12

Brexit may be a factor, but the main problem is Managements inability to get to grips with operational problems.

[dr_smith] 19/11/2018 21:53

Yes and we now have smartphones and level table with rns's received instantly (pre internet we had to wait for next days papers) so we have never had it so good..cough..brexit aside.

[prambigear] 19/11/2018 19:01

#4821 My experience too, with an executive pension managed by an insurance company. They did relatively poorly for years which went unnoticed as we were putting more money in and were too busy running our company. Then one year I worked out the value of the charges (hidden by using a proxy of capital shares and suchlike). The fund at that time lost over £30,000 and the charges were over £13,000...... I transferred everything to a self managed scheme (with, to be fair, mixed success). I felt much happier only losing money and not paying for losing it!

[cascudi] 19/11/2018 10:22

So undervalued imo

[eeza] 17/11/2018 20:41

Not sure if this has been posted before. Analysis of GFRD by Phil Oakley of Sharescope from Feb 2018. But analysis very good I think, esp his views on the Construction side (scroll down article).

[eeza] 15/11/2018 19:20

Was down almost 4% at ~820 at one point. Linden factor.

[careful] 15/11/2018 18:43

held up well today.
most other builders hammered today. (7.5%)

[eeza] 11/11/2018 17:26

But the proof has been in the pudding - so far.

[dr_smith] 11/11/2018 17:15

Mark. Following my bad experience with Trusts and their managers lack of culpability and taking fees when they go down, it is something I avidly avoid.
Also, I have the choice of the world, whereas a trust is confined to a brief as implied by their title and whether that sector is good or bad, they have to invest there, they wouldn't come back to you and say leave it 6 months.

[marksp2011] 11/11/2018 11:16

Dr

My six largest holdings are

Fundsmith Equity (5 year annualised total return 19.65%)
lindsell Train Global (19.7%)
Baillie Gifford Shin Nippon/baillie Gifford japanese Smaller (23.71%)
Finsbury Growth (11.85)
North American Income Trust (13)
Jupiter European Opportunities (13.61)

They are all roughly 10% weighted - the japanese pair are 10% between them

[dr_smith] 11/11/2018 10:01

Mark:
I see your name on a few of the threads I monitor , either having same shares, or watching.

I had a good spread, but has morphed into just builders, BAB and IQE.
Lost in the last year, but done well years before, so long term strategy doing well, I feel I am doing right. In fact I have proved it to myself.
e.g. Construction/building - down in last year on sp, but PE ratios are much lower, so I feel it is low sentiment and/or macro economics, so feel all will come back in time...IMO ;-)

[marksp2011] 10/11/2018 21:56

Dr
I have a reasonable portfolio the core of which is in collectives and are long termers

I have 10-15 individual stocks usually £10k or £4k buys.

The Core has been very very good to me. the individual shareholdings vary.

My collective picking has proved that I am a genius, sadly that genius wears off for individual stocks :)

[marksp2011] 10/11/2018 06:26

Dr

I will rely on the televised Scottish Gov debates for news. GFRD don't seem to have any concept of disclosure

[dr_smith] 09/11/2018 09:19

Well Deb, you haven't answered. Don't know why you would no more than BOD ;-)

As "Galliford Try expects to announce its interim results for the six months to 31 December 2018 on 13 February 2019." I'll plump for 13/2/19 to find out if AWPR is legacy or zzzzzzzzz "due to bad weather..." as in their recent excuse. What weather have Aberdeen that isn't the norm? It'll be leaves on the line next. I have sympathy for the hands on work-force, but not for these poor BOD excuses and not delivering as promised.. repeatedly.

[spudders] 09/11/2018 07:40

AGM today, anyone going ?

[stevenrevell] 08/11/2018 15:25

How long wil tha take deb