Interserve Share Discussion Threads

[fenners66] 11/12/2018 15:36

Remarkable plumage

[ducatiman] 11/12/2018 15:27

Connaught, Carillon, Interserve all fine examples of mis-management!

[fenners66] 11/12/2018 15:23

Hello Polly , I got a nice cuttlefish for you when you wake up !

[fenners66] 11/12/2018 15:20

"patience a virtue
11 Dec '18 - 14:17 - 11355 of 11357

All the bad news are out,"


You did work in a pet shop in the 1970's then after all......

So tell me what is the material dilution they announced for the current shareholders - I missed that, but as you say all the bad news is out - I guess you read that somewhere.....?

[dexdringle] 11/12/2018 15:05

The fact that these are continuing to trade is very odd indeed. Either the company is dead and equity holders wiped out or it isn't (and they aren't). I can't fathom what is going on here. I expected a Carillion style suspension before Mondays trading commenced but all we got was a bland statement and news of a new contract.

Bizarre.

[patience a virtue] 11/12/2018 14:17

All the bad news are out, now look forward to some good news flow in the next few months. Once the EFW issue is sorted, a bid from a cash rich company remains a strong possibility.

[fenners66] 11/12/2018 13:09

All gone flat ?

[this_time_its_different] 11/12/2018 12:00

But I agree, very risky, only for swing and day traders now. Not a long term investment.

[this_time_its_different] 11/12/2018 11:54

You could double your money in a week at this rate. Buy for 12p, sell for 22-24p.

[elcapital2018] 11/12/2018 09:41

these things never end up well fur equity holders

shareholders will be wiped out virtually.

[fenners66] 11/12/2018 09:14

pundit1 - don't confuse wipeout for existing shareholders with liquidation of the company,

I have said all along - yes even when the share price was over £1 that this should not go bust - but with this debt pile it was likely that the solution would be serious dilution - market has already reached that conclusion.

The difference is the business survives the viable jobs and contracts remain - but the current shareholders will lose out.

Those that bought the debt at a discount will be the winners.

[escapetohome] 11/12/2018 09:10

CONstruction.

[tomboyb] 11/12/2018 08:44

Could be back into single digits -

It is not looking strong at the moment -

[bigsi2] 11/12/2018 08:40

Rubbish - Wipeout Every day hold risks total loss

[this_time_its_different] 11/12/2018 08:37

Still a strong buy, will easily get back to 20p. Someone just got very rich buying this stock at 7p.

[cryptotrade] 11/12/2018 08:35

No major company pays in advance no matter what. They probably don't have the cash flow so if you all ask for upfront payment, it's over anyway.

[tomboyb] 11/12/2018 08:35

Price action still very weak -

[ebomber] 11/12/2018 08:30

My client company withdrew services to IRV yesterday unless they pay in advance. We have over 350 operatives supporting IRV activity across the UK.

[losses] 11/12/2018 08:26

Should have shorted when this was 50,40,30

[dexdringle] 11/12/2018 08:05

How low would the debt need to go before it is no longer described as a "pile" ?

[thomstar] 11/12/2018 08:04

Went short got screwed

[ih_127877] 11/12/2018 07:56

They will still have a debt pile of 170 million after the restructuring....hmmmm