hilldee
- 11 Oct 2004 14:40
Now, this one was just awarded the Aim company of the year. Its a bit likeMears but it has a large GAS SERVICE section and the profits from this outfit would appear to be less healthy than from its Public Service arm. Does anyone have any knowledge of this company which is not cheap BUT could be on its way to making a lot more mazuma.
mitzy
- 09 Aug 2010 08:19
- 113 of 209
Down another 30% this morning hlyeo.
Edit.. 9 p.
cynic
- 09 Aug 2010 08:35
- 114 of 209
lovely jubbly!
HARRYCAT
- 09 Aug 2010 08:37
- 115 of 209
File for bankruptcy soon?
cynic
- 09 Aug 2010 08:44
- 116 of 209
more likely debt for equity, leaving shareholders with best part of FA - as with eurotunnel .... or at least that is my biased expectation (hope!)
hlyeo98
- 09 Aug 2010 09:04
- 117 of 209
From 460p to 10p... lack of diversification is the cause of this collapse.
cynic
- 09 Aug 2010 09:07
- 118 of 209
rubbish ..... diversification away from core business has been the undoing of many a company
meanwhile, sp is all over the shop .... hmm! what to do?
hlyeo98
- 09 Aug 2010 12:40
- 119 of 209
nonsence, sp is not all over the shop, it's just a kamikaze dive!
cynic
- 09 Aug 2010 12:43
- 120 of 209
you have clearly only just woken up then ..... sp opened at about 9.25 and moved in spasms and jerks and twitches to about 12.75 but has drifted since ..... in % terms that's pretty hefty volatility
cynic
- 09 Aug 2010 16:04
- 121 of 209
huge volume today (10x normal) with two way traffic for obvious reasons ..... offer book has been pretty consistently and significantly longer for most of the day - currently 11.01/11.14
hlyeo98
- 09 Aug 2010 17:27
- 122 of 209
You are obviously glued to the screen all day long...get a life.
cynic
- 09 Aug 2010 17:30
- 123 of 209
my life, not yours ..... amazingly, i can multi-task
gibby
- 10 Aug 2010 08:40
- 124 of 209
http://www.dailymail.co.uk/money/article-1301677/Connaught-talks-creditors-led-RBS-future.html
cynic
- 10 Aug 2010 08:43
- 125 of 209
thanks gibby .... transcript below
Connaughts lenders were last night preparing to take control of the beleaguered council house maintenance firm, as it emerged they have drafted in KPMG to advise them on how best to recoup their loans.
The company was locked in talks with creditors, led by Royal Bank of Scotland, in the hope of securing a so-called debt-for-equity deal - an agreement that would see its bankers dropping some or all of its debts in return for ownership of the business.
But although the banks are seriously considering such a deal, analysts said they would also be considering whether they would be able to get more money, more quickly, by selling off part of Connaught or allowing it to go into administration.
cynic
- 10 Aug 2010 08:45
- 126 of 209
meanwhile .... though sp LOOKS a little steadier, be aware that offer outnumbers bid 2:1, so do not be surprised to see a further collapse in due course (wishful thinking?)
gibby
- 10 Aug 2010 10:54
- 127 of 209
cynic - ditto mate
cynic
- 10 Aug 2010 10:54
- 128 of 209
do you have L2? ... if so have a look ..... surely a classic indian rope trick (whoops! is that racist??)
gibby
- 10 Aug 2010 11:05
- 129 of 209
i do - will take a look - cheers
cynic
- 10 Aug 2010 16:33
- 130 of 209
nasty MMs etc putting on a bear squeeze today!
still, i'm happy to ride that out for a while as i cannot see CNT coming back from the brink and have an average cp of 20 + slab of profit already banked, so still happy
gibby
- 10 Aug 2010 18:22
- 131 of 209
mms - exactly! & pleased to hear you have already banked a profit - i made a good profit when still over 1 - then left cnt for a while - thankfully missed the latest crash - nearly bought early this morning today at around 10p but i bottled it!! never mind - not sure what way this will go still feel debt for equity swap out - also cnt customers (local authorities & housing associations) have been approaching other companies such as morgan sindall to take over cnt contracts - interesting times ahead to say the least - hope you make some more here - gl
kosyboy
- 11 Aug 2010 09:10
- 132 of 209
Where is this going?? up or bust??