Rok Plc Share Discussion Threads

[robin bastard] 07/9/2010 10:13

lol they said that on the cnt thread

[robandkerry] 07/9/2010 09:46

CNT going to the wall is brilliant news for ROK. They have only 45 million of debt which is nothing for a company like this. Fill your boots, this is going to be 40p soon imo.

[aspers] 07/9/2010 09:38

Kibes....the Directors didnt buy to throw their money away!!!!

[kibes] 07/9/2010 09:34

ROK must benefit? Or will it go the same way as CNT?

[aspers] 07/9/2010 09:05

Well I am aboard....bought at 19.33 below recent Director buys....ROK must benefit from CNT demise??? :-)

[the heed] 07/9/2010 08:15

sector tends to dip on sympathy, always a good op to pick up cheap stock..

[4505] 07/9/2010 08:08

Me too, opportunity knocks.

[nurdin] 07/9/2010 08:00

Think this is positive for ROK...I will add now if it dips.

[bigbigdave] 07/9/2010 07:56

No comparison - Rok social housing dept in fine health but agree there may be a knock on effect. No holding here.

[the heed] 07/9/2010 07:51

I hold rok.. would hope that this would benifit the rok contract book... and as they might not want or need the new business should be able to cherry pick..

[vod999] 07/9/2010 07:50

rok should get battered today

[celeritas] 07/9/2010 07:48

Sad news if true for cnt but great news for ROK, contracts will be there for the picking consolidating the market.

[fivefive] 07/9/2010 07:44

comparisons have been made between cnt and rok, could the same happen to rok?

[the heed] 07/9/2010 07:25

Connaught on the brink
Posted by Gwen Robinson on Sep 07 04:16.

Connaught, the stricken UK social housing specialist, is close to going into administration and could make an announcement within Tuesday, the BBC reports, citing banking sources. Connaught, which employs 10,000 people, provides maintenance services for publicly-funded housing, an area vulnerable to UK budget cuts. The company – with £220m of debt provided by six banks and four other creditors – has been struggling to raise cash after warning it could breach terms of its loans. It agreed a short-term overdraft facility and deferral of loan payments in July, gaining a reprieve to review trading prospects.

[fivefive] 06/9/2010 21:57

how can this share move up and down quite a lot in percentage terms? is it being manipulated somehow for some reason?

[martinc] 06/9/2010 09:01

They can't post an RNS for every contract they sign or we'd be up to our neck in them.

[the heed] 06/9/2010 08:56

A new contract then with an existing client? no rns required?

[knowing] 06/9/2010 08:36

Nottingham's Rok carries out £7.8m development contract for private hospital

[grahamty] 03/9/2010 09:19

Many of their contracts are multi year maintenance contracts ( ie they report a five year, £10m per year contract as a £50m "order book"). I think I am right that even if these contracts are for longer than 5 years ( and many of the PFI maintenance contracts were for 10-20 years !!) they only include the next five years in the "order book". re papaduke above: a £40m contract may mean nothing and is irrelevant to the market cap. With such competitive pressure in the market many of these are signed at zero margin ( hoping conditions approve over the term of the contract). A new contract is good, but may not be that profitable...... you just cant tell.

[stigskog] 02/9/2010 17:23

it's good.

[thorpematt] 02/9/2010 15:33

stigskog - Ref: 1 Sep'10 - 21:33 - 1085 of 1091

I considered that this was simply the total value of actual orders full stop.

It's vague and it isn't any easily comparable statistic either. The new contract with AXA has approx. revenue additions of £8m / year.

Although I am sure that the infastructure ROK has is of great value, I have concerns short-term. Brokers forecast for profits I cannot see being hit.
(how will that affect the SP?)

Understandably the accounts (which involve restructring of the segments) are difficult to analyse/project but the truth is we have faling turnover, margin and profits - so it's not surprising we have a cheap P/E ratio.

I'd remain yet to be convinced that all the challenges have been met - thus ROK remain on the watchlist only.

I leave you with a quote:
"...It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
Warren Buffett

[peter27] 02/9/2010 12:39

stigskog a lot of the Rok bargains go through PLUS so it won't show on ADVFM streaming.

[swaganeer] 02/9/2010 11:31

I'm in too. Can't see ROK being this cheap for much longer.

[littlemadam] 02/9/2010 11:30

Hope I'm not speaking too soon, but up we go. Once we are through 23p then 30p seems achievable in a short time. (That's put the kiss of death on it!)