Interserve Share Discussion Threads

[general george] 22/3/2018 07:54

IRV order book not moved from last night lol

[aendjo] 22/3/2018 07:53

I’m delighted to amuse you, George. Minimal dilution. Low interest rates <7%. Three years of refinancing. Massively derisked investment - tracing back toward fundamental value (300s). So 120-150 seems reasonable, considering the volume of shorts. The weakness of your arguments is reflected in your constant need to resort to personal attacks. I might be wrong, of course!, it’s my estimate based on maths, facts, historical share price and of course my interpretation (which could be imperfect). We only have to wait 5 minutes to find out. Again, could we please focus on the matter at hand and avoid personal attacks? Have a great day George, stay classy.

[unclejr] 22/3/2018 07:48

10mins to go.....Bears on suicide watch!

[general george] 22/3/2018 07:48

aendjo 120-150p?

You absolute clown

[apfindley] 22/3/2018 07:44

MASSIVE DEBT levels. INTEREST on debt is very high. 10p warrants to fundersThis is looking terrible now. Surely 20-30p is here today or tomorrow.?

[aendjo] 22/3/2018 07:44

What’s your guts guess on opening price? I’m saying 120-150 open and highs in 200s

[srpactive] 22/3/2018 07:05

I do not hold here unfortunately, but good luck to
all that do, dyor.

active

[da vinci1] 21/3/2018 23:58

Is it the 1st day of Spring? I can see the Green shoots of recovery! GLA Holders!

[brick tycoon] 21/3/2018 23:22

Buybuybuy. Gr8 deal dun 2day. Bears with sore heads lowered 2 nit- picking over terms. Mug Shorters sed wipe out 4 sh holders last wk. Admit defeat and jump aboard.buybuy

[brick tycoon] 21/3/2018 23:09

This ain't Carillion or Carillion mk2. This is Interserve mk1. You should both go to Specsavers 2moro 2 cure shortsightness. Hahaha buybuy

[nigelpm] 21/3/2018 23:01

No - you're right - you make a series of good points - they are really treading water here.

[fenners66] 21/3/2018 22:52

Nigel if they think they can give a cost guess then they could give an indicative range.

When they announced the last emergency tranche I questioned why no mention of an interest rate , so we will see if they announce when agreed.

[nigelpm] 21/3/2018 22:50

Will be £m's - yes.

[fenners66] 21/3/2018 22:49

Of course they dont mention the loan arrangement fees -something that has annoyed me elsewhere is the amount charged by bankers and the like....

£millions?

[brick tycoon] 21/3/2018 22:33

Fenners nigelpm....u can't read ennythin cleery cuz u both blinkered. Can't c the big picture. U r myopic both losers. Hahahaha boomtime-buy.

[nigelpm] 21/3/2018 22:28

To be fair fenners - the agreement isn't in place yet - probably waiting until then.

[fenners66] 21/3/2018 22:27

aendjo - I have qualified my interpretation - BUT you can read it either way and it can look like the answer you seek whilst actually being my interpretation.

As I said they are deliberately hiding the rate of interest - every other company refinance I have seen reported gives the rate on the loan notes etc.

[nigelpm] 21/3/2018 22:24

Fenners, I think “the total interest for 2018 is” reads pretty clearly to me.

I agree - seems fairly clear to me too.

[brick tycoon] 21/3/2018 22:20

Buy buy buy morelly bankrupped shorter mugs last chance to close-slim cats dun grate.125 min in mourning. Wise Scott dragon onside. Buy buy buy. PS enny1 no where me dum twin bruv is. Close shorts mugs-£2.50 v soon. Buybuybuy Hahahahaha haha. ...

[aendjo] 21/3/2018 22:18

Fenners, I think “the total interest for 2018 is” reads pretty clearly to me.

[nigelpm] 21/3/2018 22:18

Either way it's a huge burden on a business that might generate £90m p.a pre-tax pre-interest costs.

For reference last year's H1 interest cost was c.£12m.

[nigelpm] 21/3/2018 22:16

RE: interest my guess is the £56m does refer to the complete amount - £834m

However, it's not a simple as that because that applies from whenever this new arrangement does into place - i.e. for 9 months of the year.

The first three months will be similar but I'd estimate it to be higher than 6.7% - perhaps c.7%

[eodfire] 21/3/2018 22:15

Like the little reference to carillion George. Unfortunately this word won't really spook irv investors anymore.