Interserve Share Discussion Threads

[losses] 27/3/2018 15:15

This is now taking the pish.... back firmly in the red.Was up £30k at 115... should have taken it and bought back a lot cheaper now..

[brick tycoon] 27/3/2018 14:34

Tock Tock Tock Higher lows Higher highs

[bricktycoon] 27/3/2018 14:06

Tick tick tick Thursday total wipe out of shareholders

[cfc1] 27/3/2018 13:40

ok IH_12788...why dont you cut and paste here your summary of your huge short at 109 the other day?

[ih_127877] 27/3/2018 13:14

AT 84P IT IS NOT LONG NOW TO GET TO THE MAGICAL 80P, THEN IM OUT

[brick tycoon] 27/3/2018 12:18

The share price hasn't hit 80 yet so perhaps ih's boasting is a little bit premature! I'd keep the receipt for the crystal ball handy if I were him!!!! LOL

[aendjo] 27/3/2018 12:06

Good for you ih. Please keep us posted on your successes and trades - UTs, imaginary or otherwise - and please make sure to gloat abundantly about them. And please, make sure you detail when and what you are trading - even if it’s not relevant to this thread - you are highly respected and I’m sure you influence the opinion of many investors here. And please make sure you share the thoughts and posts of others passing them as your own. I’m sure you’re going to consistently beat the market thanks to your inside information (it’s a shame you can’t disclose it, grrrrr!) and superior insight (we’ll live and learn, from you). I wish I were as successful as you. And half as cool.

[dexdringle] 27/3/2018 11:59

....but you can now ?

[ih_127877] 27/3/2018 11:40

86p, only 6p to go to the magical figure and then I switch to a buy !!

I did tell you all, but could not disclose why!

[eodfire] 27/3/2018 11:15

Can't you write your own posts? Stealing them from lse.... really.

[ih_127877] 27/3/2018 10:53

...this will be played until end of April and I wouldn’t rule out new investors seeing a buy in circa 70p-80p :-( the announcement played into shorter's hands. No update until end of April now. Also, are new shares priced in too??

[ih_127877] 27/3/2018 10:45

A cheap deramper?? I'm not deramping anything, I am saying it as it is...or am I wrong? the share price isnt going down and towards 80p??

[eodfire] 27/3/2018 10:21

Fenners, I'm disappointed with is post. It's really not your style. Don't lower yourself to a cheap deramper.

[leadersoffice] 27/3/2018 10:19

Any chance someone could post telegraph piece?

Thanks in advance

[ih_127877] 27/3/2018 10:18

Prefer buy MCRO and get a 7.5% divi... its my long-term play

[jeffian] 27/3/2018 10:15

It'll be a reaction to today's Questor column in the Telegraph (at the bottom, below the British Land piece).



For once, I agree with Questor.

[aendjo] 27/3/2018 10:03

ih, good luck with your short. May I ask where did you hear about the accounts being published or seen? Seen by who?

Fenners, this is clearly not the “best” company on the market. It would be disingenuous to describe an overleveraged company who has been dealing with tight margins, large liabilities on EfW contracts and a crisis in Middle East resulting in a debt so big we all thought there was a credible risk of default just a couple of weeks ago as the “best” on the market. But the company has a fresh and impressive management team with an ongoing turnaround plan - we are being told that 2018 earnings are ahead of market expectations and refinancing is being finalised - 50m interest and 20% dilution. Even the bears here have conceded this was close to the best deal shareholders could have hoped for. Market conditions have improved for the company. In offenders rehabilitation and construction the Government has published a number of documents that indicate an increase in margins for the sector - also to ensure sustainability of outsourcers (it’s been a sector wide crisis). Carillion - the number one competitor - has collapsed. This has been downplayed but it’s a massive positive for the earning prospects of Interserve. This might not be the best company on the market, but I think that it is still priced for a risk of bankruptcy that will not happen - so it’s one of the best bargains on the market. Brokers indicate an average target price of 134p (or an upside of 50% from today’s price point). I’m positive about Interserve’s prospects and see these pockets of price instability as a buying opportunity. For those new to this blog, I’m an investor in the company.

[ih_127877] 27/3/2018 09:45

yes one of the best to short indeed!

[ih_127877] 27/3/2018 09:42

yes, accounts have been seen I hear, and hence share price drop, and hence my suggestion to short !

[fenners66] 27/3/2018 09:37

As I said of all the companies on the market does this look like the best?

[fenners66] 27/3/2018 09:36

That fall looks to be gathering pace.... ..has someone seen the accounts?
Deal still not signed....

[dexdringle] 27/3/2018 09:15

......the share price SHOULD end down.......

Not 'might' but 'should'. Blimey, I wish I had the same crystal ball as you........

[ih_127877] 27/3/2018 09:04

AS I SAID EARLIER

The share price should end down today.. if so its to 80 quicker than I thought.. TREND!

[southernman] 27/3/2018 08:57

dex ..
Had a quick scan of the H117 accounts but couldn't spot any breakout of wages.
Probably hard to even ballpark front line wage bill, as a significant portion of workers are part timers

[dexdringle] 27/3/2018 08:17

If IRV employ 80,000 people then the wages must be at least £200 million a month ? That's £2.5 billion a year. Turnover is only £3.5 billion isn't it ?

How can they possibly be absorbing such a high wage bill relative to gross turnover ?