Ok but there is no dividend just to clarify one more time |
Quite possible Bigjock A risky share but that is often where the rewards are |
Volsung there is no dividendFor what it's worth I think the share price will drop below 500 on the January trading update and that will be the time to buy |
Very good cool :) I certainly have a clue now and wished I had listened If only I had shorted it at 1400 |
According to stocko the forecast dividend yield is 8.44% |
Some people just don't have a clue do they LOL |
Not got a clue |
I wouldn't touch this atm. There's too much uncertainty.
sikhthetech - 15 Nov 2024 - 16:38:53 - 1839 of 2198 Louis, "The FD should have resigned by now. On issues like this there are no excuses."
Agree, the FD but at least the CEO should have resigned by now. Regardless who's at fault or what other skeletons may exist, they were in charge. To start restoring confidence, the 1st step must be for them to resign.
I might take a punt < 500p on the hope that the CEO does resign and the company starts to re-build confidence. |
The divi is zero not 8 percent Surely a wind up ? |
Bought a few more at 559p Way oversold Good divi of around 8% Thitd profit warning delivered |
Yup apology I am happy to give Greg has really smashed this one to the floor and left more questions than answers |
Directors were buying a few million quid worth around £7. Wouldn't be surprised if they in buying again here at 5.50 |
Different views, that makes the market. £2.5bn+ wiped off m/cap . Way oversold but let's see what the 15th TU & analyst call will uncover . I believe this trades north in the Xmas/early new year and sells off as the big day nears UNLESS we see some volume insider trading. |
Going one way :
Reason contractors labour rates going through the roof.
Lack of staff kills this
Delays cost thousands in overheads per day.
Unlike a private house builder , you can’t put the price up to cover your extra cost over runs. |
Not only the management is incompetent but to drop such a bomb on Christmas Eve after a series of blunders, is cruel. PI's will remember the CEO and the CFO in particular as the bad news guys.
Regarding anymore bad news, no logic can predict 2024 is the end and what the next blunder in 2025 will be. This is the big problem now as they became a real nightmare to investors. This is why a new management is a must as all credibility is over. |
Book value at 990p, market cap 2 Billion, NAV of 3.2 Billion. At these levels just load up and wait for the bid |
Had enough yes If the share recovers it will not be due to having a good CEO anyway more luck |
The triumph of hope over experience? |
Just added myself |
I would not have sold here jock but guess you've had enough |
He is out of his depthHe could have used the second profit warning to provide a more conservative profit figure instead of creating a third profit warning Very wet behind the ears |
I’m pretty sure GF will be getting a grilling from II’s, there’s an opportunity here for the brave with a longterm outlook imho 🤔 |
Red finish the next update in January to me will be a bag of nails |