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.

splat - well done & gl

take any profit and run - very fast

Government cuts in public spending will dip CNT further downwards.
SELL at 150p.

cheers gibby, you still in?

CNT covered +11, looks like a drop into the close.

don't spend all 60p at once!

this one's really flying today - like a lead balloon

shame i lacked the cojones to short yesterday against the minor recovery during the day

Nevertheless, potential for a big bounce. Risky!

any trade positive is a gain cynic, I don't mind how many I get right mate.

quite so - as i have often said, a banked profit is a profit ..... and of course you mind how many you get right, or you'ld be living in a cardboard box

harry - you're bonkers! ... 10x safer to go long BP

Lots of upside Cynic. Wednesday 8th September St. Leger Festival Opening Day

Tabby lives in a council house, but maybe heading for a cardboard box when his disabled benefit is stopped.

an allusion to "sell in may" i assume

Not this year IMHO

Broker note from Panmure Gordon:
"Connaught gave a conference call yesterday where they announced that first signs of the issues leading to Fridays profit warning were seen in April. They provided further detail on this, cost saving initiatives and advised that the dividend policy remained unchanged.
Social Housing. Connaught chaired a lengthy conference call yesterday, where a wide range of questions were answered. They were keen to highlight that it was mainly only a section of Social housing revenues which has been impacted, namely stand alone contracts relating to capital spend such as kitchens and bathrooms, where the revenues had been deferred by Local authorities and RSLs
Cost Savings and dividend. A cost savings plan has been put into place to save a net 3m in 2011E, and 25m thereafter. The cost of implementation is taken above the line in 2011E. Connaught maintain that the dividend policy remains unchanged.
Forecasts. We amend our forecasts in light of this. We maintain our 2010E revenues at 690.7m, 724.8m in 2011E and 758.7m in 2012E. We maintain EPS at 20.7p in 2010E, but downgrade 2011E to 21.7p (previously 24.5p) and 2012E to 23.7p (previously 26.7p). We forecast net debt of 120.0m for 2010E.
Valuation. In view of the issues which were covered in the conference call we do not feel much more reassured. We feel that there is still much uncertainty surrounding the stock and we maintain our negative stance. We adjust our target price to 110p (previously 175p) and reiterate our Sell recommendation."

Sell, sell, sell CNT.

Breeden European Partners increase to 13.05%

hyleo is spot on if not already too late ..... Connaught in talks over additional funds

too late, the fair maiden cried in anguish

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looks like a huge amount of forced selling in hand too ..... at 22p or thereabouts, must be worth considering a for a quick trade

so i did ..... some at 24.0 and a few more at 24.5 ..... wait and see time

Sell sell sell..