Interserve Share Discussion Threads

[southernman] 17/3/2018 10:35

aendjo ..
Thanks for that interesting info

Jak/fenners ..
Agree, banks may be unpopular but they don't usually accept 50% redemption discounts without good reason

[aendjo] 17/3/2018 10:35

Jak, good point. Oh, wait a second, no it’s not. Sorry but it is not an insightful comment at all. Why would bank derisk and take a haircut on a large loan? Does it mean interserve is going bust? Credit at 50% discount and shares at 90% discount... do these facts help predict future events or are they a reflection of past events, and the crisis that is/was for the company and the broader sector? Is investment here a certain loss or an opportunity for a neat profit for those entering at (what many of us perceive to be) a bottom? It has been addressed several times here. I’m afraid you’ll have to do your own research. Of course, as was said ad nauseam here - bulls may be wrong - it’s normal to disagree, that’s what makes the market. Good luck either way. I’m sticking with my 300p before end of year prediction. Did I say I might be wrong? I think I did say. I think I’m right, though.

[aendjo] 17/3/2018 09:02

Holders shall do very well here, in my opinion. Those that bought sub 100p should look at 2x to 3x returns in the short to medium term, in my opinion. I have argued why so can I just please refer you back to earlier posts (and no, it’s not a “sure” thing or a risk-free investment). In regards to the uncrossed trades (i.e. what people as stupid as bricks referred to as the big “1630 sells”) a clever chap called Fate recently posted the following on LSE [quoting, Fate] uncrossing trades. What really happens at 4.30 when the market closes is the "closing auction" ( if there are any potential trades left on the book), anyone at this point with Direct Market Access including joe public can enter their bids/offers for the stock, from here lets call them buys and sells, its easier. What the SETS system is trying to do is give the official closing MID price for the days trading. The participants have 5 minutes to enter what price they will pay for or be prepared to sell their stock for at this point, no-one is trading here, just entering. Furthermore, their entries have to be within 5% of the last AT trade of the day. Say the last AT trade was at 16.5p, so the range for the entries of proposed buys and sells must fall between 15.675 - 17.325p. After 5 mins and all the entries are in, the SETS computer swings into action, and what it does is calculate from the entries the HIGHEST VOLUME trades that can be made, the MOST shares it can UNCROSS from one side of the book to the other. It is literally "matching" any trade that will trade at the prices on the book, if you see what I mean? This little excesise takes up to 30 secs above the 5 min auction. The resultant figure becomes the UT ( uncrossing Trade) for the day and the official days closing MID price...which in our example .. 16.35.14..... 1750000 @ 17p....UT. So the UT you see every evening at something like 16.35.+30secs is NOT a BUY, is NOT a SELL.. but half and half, it is a Volume figure. It is recorded as a buy or sell like all trades are: a guess based on which side of the "last mid" it is. The 17p official closing price is then taken forward to the OPENING auction at 7.50am the next day where the city johnnies do the whole auction thing again until the 8.00am open. Hope this helps and then you wont have to jump up and down after close from here on in.[end of quote] have a great weekend guys.

[samdb] 17/3/2018 08:57

Expiry day

[ih_127877] 17/3/2018 08:22

and what could that signify??

[dandanactionman] 17/3/2018 08:21

Just an observationSeveral companies seem to have had large auctions Friday including Interserve, Capita and Barrett Developments.

[eodfire] 17/3/2018 08:10

Good morning brick. You must be finding it difficult to keep your rock warm in this weather?

[bricktycoon] 17/3/2018 08:07

Poor soul bust next week

[jofo70] 17/3/2018 08:01

Hi guys I'm in for everything I got 118 k bought at range 74-91I work for Interserve but don't know I have a good feeling though as we have a dated big announcement scheduled for later in month.

[eodfire] 17/3/2018 07:48

That's fair enough. It's easy to accidentally overlook the fact that a lot of investors have bought in at much higher share price I very much hope and believe that we will get a favourable outcome to the restructure and debt situation allowing for a confident medium to long term hold.

[fenners66] 16/3/2018 23:35

Got to keep coming back to why the banks are selling the debt at 50% loss.

Are they going to then put more money in so their borrowings can make the buyer 100% profit later?

Are they that stupid ?

Now if it was Deutsche bank the maybe.......

[fenners66] 16/3/2018 23:33

ih_127877
16 Mar '18 - 15:49 - 8107 of 8128

we will finish up I assure you!

So much for your assurances.......

What about everyone else's?


There was always a likely sell off Friday afternoon. Lots will have thought why risk those profits on a potential weekend bad news RNS.....
If no RNS then you are back to work Monday ....

[ih_127877] 16/3/2018 22:03

how does one filter him out exactly? I need to, he's driving me mad and making me question my investment...

[dexdringle] 16/3/2018 21:57

I have Brick filtered . It is so much better that way.

I need around £1.50 here to break even. So I'll reserve the right to laugh if they reach that point....

[ph12121] 16/3/2018 21:55

I read all comments but very worried if it is a big sale then it could be bad news.
RNS hadnt help us in timing before as they dont feel how we are under a lot of pressure.
If it is a buy worried they start shorting with huge load of shared.

[eodfire] 16/3/2018 21:22

Now when I read what Aendjo has to say, for example, that's very different. Im not laughing then. I'm listening.

[eodfire] 16/3/2018 21:19

Dex, yes, I do find brick funny. How could you take someone with zero credibility seriously.

[dexdringle] 16/3/2018 21:17

Bloody hell. You're easily amused then.....

[eodfire] 16/3/2018 20:48

I'm still laughing. I haven't stopped yet. Lol

[eodfire] 16/3/2018 20:47

64 times? Or was it 65? Have you taken an hour to count them up?

[djkav] 16/3/2018 20:12

My Interserve source:

"They've scheduled a live webinar for the 27th so the annual figures should be getting released any time around then."

[topvest] 16/3/2018 20:11

Looks like its going to the wire then.9 working days to go!

[bricktycoon] 16/3/2018 19:51

Can't get over how thickly u sheep have been this week I warned over 64 times about this exact cruel game was laughed at oh well the boy who cried wolf I suppose