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

http://www.moneyam.com/action/news/showArticle?id=2579624

IMHO when you look at the history of JRVS it is riddled with failure and bad-events.
It's what I'd class as a "broken brand" - that's when almost no-one has anything good to say. Indeed I doubt I'd trust them to build a shed, however unlikely that might be.
It might be a "revovery play" but there needs to some "step-change" to achieve this - usually a radical change at the top - I suspect the ChExec is too good at being a Politician: - making the best out of a bad situation - but whilst this may suit the cut and thrust of Parliament, it's no use when your project is running late or the roof has started to leak.
I used to hold this stock when it was 1 ( not sure of any CONsolidations etc) and met SN in London - Words but no Actions, IMHO.
FWIW "Bargepoles", are You a long-term holder, or only recently (20p) for "recovery" . . . ?

long term holder.. Assets worth a couple of times more than the market cap IMO.
They need a new contract to prove that they are in business.

Nice news today driving the price higher.

From a tip sheet

This just posted on ADVFN

"Jarvis looks a sitting duck

Shares in Jarvis, the long-troubled rail contractor, briefly perked up this week. The prompt was the news that a 6.5 million tax rebate had been agreed with HM Revenue and Customs and would be paid by the end of this month. When a business is valued in the market at just 30 million, a 6.5 million cash boost counts for a lot.

Until I ran the numbers, I hadnt realised that Jarvis was in fact so lowly valued. It still boasts 270 million or so of turnover and has a thriving business supplying Network Rail for which the prospects have never looked better. True, it has been a walking basket case for the past four years ever since running up a combined 600 million of losses in 2003/4 and 2004/5 and has had to do deals with its bankers and sell off a host of assets to survive. But survive it has. It will not make money this year (to the end of March) because of problems in its rail plant business, but it should do in 2008/9. That, of course, is assuming that it is still an independent company.

I have a contact in the market who is convinced Jarvis will be taken over once the current-year figures are in and the outlook for the plant business can be better assessed. I think there is a very good chance he is right.

Jarvis shares fell from 80p to 20p in a couple of days in November when the company notified the market that various problems associated with the plant business would cost it 8 million largely in the second half of the year. There had been changes in utilisation patterns and a shift towards overhead line maintenance rather than track work, which had affected the demand for on-track machines. On the transport side, a client had elected to buy wagons rather than hire them.

But there has been a lot of good news too. In September, Jarvis made the cut when Network Rail announced the winners of its 6 to 4 competition which reduced the number of suppliers to its future track renewals programme to just four. As a consequence, the outlook for this business from now on is extremely good, according to one-time mayoral candidate for London Steven Norris, Jarviss chairman.

Equally, Jarvis has been getting out of a lot of loss-making operations in accommodation services and contracting. Its freight services business should be profitable from April when new locomotives arrive to service a five-year coal haulage contract with E.ON. And debt has been coming down fairly steadily to manageable levels. With the latest tax rebate, Jarvis borrowing should be down to around 35 million.

With an enterprise value (market capitalisation plus debt) of about 65 million, Jarvis looks a snip in relation to the scale of its business. Granted, there are still questions to answer and the next set of figures will not look particularly pretty, but the accompanying statement should make better reading as far as the future is concerned. One to buy while the shares are still bumping along the bottom."

This is moving fast. Any target price for the next two weeks?

Yesterday, it said the company will report the best result since 2003.

Interesting.

After falling into something of a crevasse recently, it is beginning to look as though this outfit might just be attempting to come up out of the other side.

Recent RNS offerings are encouraging.

News of a fairly large contract to be announced this week , Fill your boots guys this could be pure gold all the way up to high 50p dyor Good luck and lets enjoy the ride north !!!!

Both Barclays & JP Morgan appears to have sold out and bought back in at a higher price. And they are suppose to be the experts. Well at least as long as they are buying then there is only one way to go at the moment.

Jarvis wins 40 mln stg contract from Network Rail; sees improved trading in H2
AFX


LONDON (Thomson Financial) - Jarvis PLC said it has won a new track renewal and signalling contract worth over 40 mln stg from Network Rail and added it sees improved trading in the second-half compared to first-half.

The company also said it expects its full-year results to be in line with its expectations.

The rail and plant services group said it has received a total tax repayment of 6.5 mln stg from the UK's Revenue and Customs.

Further, its plant has renewed its seasonal treatment fleet contract, worth 5 mln stg, for a further two years, it added.



tf.TFN-Europe_newsdesk@thomson.com

http://www.moneyam.com/action/nav/news?epic=JRVS

From http://moneyam.uk-wire.com/cgi-bin/articles/200803280701189789Q.html

.....
CURRENT TRADING
---------------

The Group continues to follow its strategy for recovery and trading in the
second half of the current financial year will show improvement over the first
half performance. It is anticipated that the full year results will be in line
with management expectations.

We are pleased to confirm that a total Tax repayment of 6.5 million has been
received in full from Her Majesty's Revenue and Customs. The refund, as
announced on 7 February, will be reflected in full in the Group's financial
results for the year ended 31 March 2008.

......

According to previous statement, the management expectation is record profit......
Can someone else check this, pls?

How did the do it was very interesting last night. JRVS should either go down or jump to 25-30p soon and recover from there.

sleeping beauty. It has to wake up soon. imo
There are not many serious competitors in the UK. IMO

This is a good start to 1 IMO

This could be the marker for recovery. Short term the next point of interest may be results, due on 28th May I believe. They should be rather better than those of late.

Also reasonable to expect that they would have a decent workload on for this coming weekend, and again at the longer Bank Holiday at the end of the month.

record results will be released.... it was confirmed twice... 1 is easy to reach imo

Little snippet from the FT today:

"Talk that Investeringsselskabet has increased its holding in Jarvis"

Should have a positive effect - good luck!

A report in 'The Indpendent on Sunday' suggest the company is open to offers and could be sold off in the near future for around 100m.
Lets hope for a bid shorty.