bought these fu**ers at 20p...now bloody 11p...time bloody Norris informed us what the hell is happening to warrant this valuation.And why does the shareprice keep going into auction every five minutes...bloody mms up to no good?

Got bloody shafted last time...now the effin price is back to its previous lows before d4e

Statement re: Suspension


TIDMJRVS

RNS Number : 1636J
Jarvis PLC
25 March 2010

?
Jarvis plc
25 March 2010
Suspension of Trading and Appointment of Administrators
As announced in the Interim Management Statement of 17 February 2010, Jarvis plc
(the "Company") has been impacted by economic conditions generally and, in
particular, the very considerable reductions in rail and plant work volumes,
meaning that trading conditions have been, and continue to be, difficult.
During this period the Board has been focussed on improving the financial
position and the long-term viability of the Company for the benefit of all of
its stakeholders.
The successful achievement of this goal depended upon the continued support of
key customers and creditors (including the lenders under the Company's secured
working capital facility and Network Rail), and the ability of the Company to
win new work. The recent success in being awarded the Chiltern Railway's
Evergreen 3 Contract was therefore encouraging.
However, following negotiations with the Company's secured lenders, it has today
become clear that sufficient support will not be extended to the Company to
enable it to continue trading as a going concern.
As a consequence, the Directors now have no option but to take steps (together
with the Company's secured lenders) to place the Company, and certain of its
subsidiaries, into administration, and to request that trading in its shares be
suspended with immediate effect.

This information is provided by RNS

They think its all over..

and it is ...... another of your holdings mitzy?

It was one of mine :-(

A good example of what happens if you recruit a former MP as your chairman.

You dont remember me do you.. cynic.

mitzy, Cynic
What is going to happen then!
The whole word is recovering but this baby is being out down!!!

No idea ahoj I guess its the curse of shagger Norris..

the company's bankrupt .... which bit of going into administration do you not understand

It should have gone years back.

the jynx of maestro..i must hold the record of buying into companies that go bust

crap ones you mean ..

when you can imo dump jrvs
no network rail coming through as nr insourcing
forget tfl
bids have to be through ojeu european directive
i did warn lse bb before
but with insoucing there is still value as jrvs staff tupe over
and beware the other 3 out sourced contrators such as balfour imo

and of course the debt