Interserve Share Discussion Threads

[cfc1] 16/3/2018 10:43

ummm private george...ummm what pension blackhole and how much debt again....LOL...this is the IRV board not Carillion....
LOL......
Back on filter.

you still have time to buy!!

[aendjo] 16/3/2018 10:43

And with all due respect, general, try to be more constructive.

[obiwoncanary] 16/3/2018 10:42

General there is no official line on the debt status only newspaper reports so all you can do is speculate

[aendjo] 16/3/2018 10:41

Your numbers are all wrong, general. End of year debt was £513m (although probably closer to £600 in 2018) and pension deficit £42m (or thereabouts, against a pot of approximately £1b - that’s money that’s actually in there). Carillion raided the pension pot. Interserve did not. The company is overleveraged but posters have argued the case for its long term good health. You will just have to scroll back 50 pages worth of troll posts.

[general george] 16/3/2018 10:37

Great ramping Aendjo,

If £3 is a target and Interserve is such a sure thing, why is the debt trading at 50% of par?

Obviously the debt holders think there is a good chance they won't get all their investment back. If so , obviously the shares are worth 0p.

[general george] 16/3/2018 10:33

Whole, yes of course, it should have read 'hole'

I stand corrected. However, I'd be more worried about Interserve and the fast approaching re-financing.

This short squeeze is a gift for people to get out, so don't be left holding the baby.

With $1billion of debt (incl. pension black hole) do you seriously think a bank would lend more cash without equity taking a hit.

Emerald will do very nicely with the forthcoming D4E.
Why else buy?

Enjoy GG

[cfc1] 16/3/2018 10:24

hxxps://www.bsigroup.com/en-GB/about-bsi/media-centre/press-releases/2018/march/first-ten-companies-achieve-conformity-to-the-new-international-standard-for-occupational-health-and-safety/

Dont dismiss this....its a big tick in the box for those BPO companies selling into Pub Sector.

[leadersoffice] 16/3/2018 10:16

Need to hold this position

[schofip] 16/3/2018 10:02

This share has been up and down more times than a brides nighty Lol.

[obiwoncanary] 16/3/2018 09:23

Very compelling case aendjo. You’ve really got me more bullish and I’ve upped my target based on that. The only thing that may scupper your plans would be a potential rights issue once will hit £2+. Anything below that a RI isn’t worth it. As said I’ll be more than happy with £2 and would sell a majority of my holding around that level

[aendjo] 16/3/2018 09:07

Morning everyone. It looks like we’ll have to wait just a little bit longer for the announcement. The shares will continue to trade sideways in the meantime and I would not try to read too much in it. I suspect many holders underestimate the potential upside for the share price if 1) refinancing is agreed and it is not extremely dilutive and 2) if results are in line with trading updates. In my opinion, if Interserve finds a robust financial footing and it becomes clear it is not going bust, it will go back to being traded on fundamentals. A very conservative P/E of 8 takes the share price above 220p (based on market cap = 8 * [41m, projected headline profit]). Projected total operating profit for 2017 is 76m, so if you used that the share price would be in the high 300s. Clearly 300p may seem like a “crazy” upside from the current share price, but I would urge holders to consider the actual value of what they own, so that they can identify the right time to sell (if they buy into the recovery story, clearly). To give you a sense of perspective, the share price was 240p in March 2017, in March 2016 it was 415p... 3 years ago, March 2015, Interserve shares traded at 600p. Three years is a blink of an eye in the life of a global company with a workforce of 80,000. I feel I was extremely lucky to be able to buy a considerable chunk of this at the premium price of 129p. I’m not joking when I say I’m going to sell at no less than 300p.

[obiwoncanary] 16/3/2018 07:32

Up 4p am and finish about 2p up at close

[leadersoffice] 16/3/2018 07:24

Up. News approaching. Weekend press. Need to crack 90p

[ih_127877] 16/3/2018 07:21

How do we think the share price will do today without news?

[brick tycoon] 15/3/2018 19:50

We're not schizophrenic. Why's everybody picking on us ? Lol

[cc2014] 15/3/2018 18:44

ih_127877

"I bought JUST after close another 65,990 shares at 88p, I hear there is a possibility of a VERY positive RNS tomorrow, or Monday."


This cannot be factually correct. The 65,990 trade is the UT trade in the closing auction.

...

[ih_127877] 15/3/2018 18:10

Back to share chat.

I bought JUST after close another 65,990 shares at 88p, I hear there is a possibility of a VERY positive RNS tomorrow, or Monday.

GLA

[been around] 15/3/2018 18:04

I must refrain from what i was just about to put as i was just about to be sucked down to your level lol.....nearly lol

[ih_127877] 15/3/2018 17:59

not to mention the inability to spell and to accuse people of being in Kindergarten...

[been around] 15/3/2018 17:57

Not to mention hairy palms lol

[oliversanvil] 15/3/2018 17:49

Schizophrenia is a mental disorder characterized by abnormal social behavior and failure to understand reality. Common symptoms include false beliefs, unclear or confused thinking, hearing voices !!!!!!

[brick tycoon] 15/3/2018 17:26

Jolly good finish-set to smash through 90p in morning, maybe £1 By Jove!! Next wk £1.50-£2 just on leak of splendid news.

[brick tycoon] 15/3/2018 17:25

Jolly good finish-set to smash through 90p in morning, maybe £1 By Jove!! Next wk £1.50-£2 just on leak of splendid news.

[been around] 15/3/2018 17:12

Just shows how petty u people realy are that u scrutinise everything lol need to get a life did u grow up with no friends mum n dad not give u enough affection as a child that you got to correct people on there spelling to get ur little narrow minded kicks for the day lol

[ih_127877] 15/3/2018 17:06

"BEEN AROUND"...WITH SPELLING LIKE THAT YOU REALLY SHOULD GO BACK TO JUNIOR SCHOOL... SHOCKING

MENT = MEANT

CONCLUTIONS - CONCLUSIONS...

DISCUSING = DISCUSSING

AND THERE'S MORE.....