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.

barnet council i have been told are winding up thier 7M / year cnt contract 13 months early -could this be the start of the end of cnt prior to a potential break up - interesting the director buy ins though recently - WHY???!!! - gl

possibly a precondition by lloyds that the directors put out their own money with the begging bowl

cynic directors buying shares in the market does not help the company's financial position. Can't see any RNS that they have.

no, but the bank may have wanted some "hurt money" on the table

cynic if directors have bought shares a RNS should be issued by CNT.

i think cnt may need to pass the hat round!! if it is true their drivers have had to pay cash for supplies from the few merchants that will still supply them at over inflated prices - and that last sentence about cnt drivers paying merchants themselves is not my words but what i have read on other bbs some saying they are current cnt employees - i can not say whether true or not - passing the hat round is my opinion!!!!

Hey Tabby , no worries if your beloved stock keeps going up mate you can buy us all a drink. Pity about your team though :o)

OOps wrong thread, thought it was Blinx.

Wonder if it's soon time to hold a little of this stock???

18p & rising!

Is this company going bust as everybody has said or is still worth a go???????

I was about to say yes, it's worth a go, when it promptly dropped 12%. Worth trading, imo, but not yet a hold.

a short's not a bad hold!

Social housing group Connaught 'nears administration'

Connaught, the property services group that specialises in social housing, is on the brink of going into administration, the BBC has learned.

An announcement is expected later, BBC business editor Robert Peston said.

Connaught, which employs 10,000 people, has 220m of debt, provided by six banks and a quartet of other creditors.

Connaught ran into serious difficulties over the past couple of months, after it emerged that a series of contracts would be loss making.

Suspended.

it's dead! ..... RNS says no money forthcoming ...... hope none of you guys are long here

"On 29 July 2010, Connaught announced that it had agreed the terms of a short term overdraft facility. Since that date Connaught has had continuing discussions with its lenders and other sources of finance with the objective of securing additional funding and a restructuring of the Group's financing for the longer term.

The Group now believes that the availability of additional funds from its lenders will not be forthcoming and, whilst it remains in discussions with other parties, the ability to provide an adequate solution to the funding issues the Group faces has become increasingly uncertain. Accordingly, pending clarification of the Company's financial position, Connaught has requested a suspension of the trading of its shares on the London Stock Exchange with immediate effect."

The only winner here is EK.

And the loser is dealerdear.

EK et moi! though in a relatively modest way, but assuredly not to be sneezed at