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.
cynic
- 03 Sep 2010 12:43
- 153 of 209
a short's not a bad hold!
skinny
- 07 Sep 2010 06:48
- 154 of 209
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.
skinny
- 07 Sep 2010 07:40
- 155 of 209
Suspended.
cynic
- 07 Sep 2010 07:47
- 156 of 209
it's dead! ..... RNS says no money forthcoming ...... hope none of you guys are long here
HARRYCAT
- 07 Sep 2010 08:06
- 157 of 209
"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."
mitzy
- 07 Sep 2010 08:21
- 158 of 209
The only winner here is EK.
mitzy
- 07 Sep 2010 08:21
- 159 of 209
And the loser is dealerdear.
cynic
- 07 Sep 2010 08:37
- 160 of 209
EK et moi! though in a relatively modest way, but assuredly not to be sneezed at
mitzy
- 07 Sep 2010 08:51
- 161 of 209
Inevitable it would collapse at the end and plenty more to follow I reckon.
mnamreh
- 07 Sep 2010 10:22
- 162 of 209
.
cynic
- 07 Sep 2010 11:21
- 163 of 209
(s)he only buys in lumps of 100 so of questionable value ..... u might however like to take a peek at SCHE for a gamble in one direction or another
2517GEORGE
- 07 Sep 2010 11:27
- 164 of 209
May be Mears and Rok will benefit to some extent from the demise of CNT.
2517
mitzy
- 07 Sep 2010 11:38
- 165 of 209
Hi mnamreh.... none that come to mind except Cosalt which is adead cert for administration imo.
dealerdear
- 07 Sep 2010 11:39
- 166 of 209
Excuse me, I don't hold milly.
I did say I would be surprised if it went into admin but there was no way I'd take the chance and trade it.
mitzy
- 07 Sep 2010 11:40
- 167 of 209
Fair enough dealer.
mnamreh
- 07 Sep 2010 11:43
- 168 of 209
.
Spaceman
- 07 Sep 2010 15:18
- 169 of 209
I love the title of this thread ;-)
hlyeo98
- 07 Sep 2010 18:34
- 170 of 209
Another one bites the dust...
jkd
- 07 Sep 2010 19:14
- 171 of 209
S
be fair, that was 4 tears ago. a lot can happen.and obviously did and has.
h98.
hope i aint next with mine.the boring one that is.must keep those stop losses going and reviewing.its still no guarantee but it does help. in my opinion.
regards to you both.
jkd
Addendum: see my post no.22 page 2 ref the need for discipline in using stop losses.
i still succumbe on occasions although i should know better. getting better though. LOL
ravey davy gravy
- 07 Sep 2010 19:43
- 172 of 209
I actually agree about Cosalt which is sounding alarm bells but that wont stop
punters chasing them.
Makes you wonder why people chased Connaught when there's cash rich no debt
stocks trading on multiples of under 5, plenty of them as well.