How can a company responsible for some of the worst disasters on the railways in recent times can make so much in a day. They have a management team you would not consider to run a corner shop yet because they appear on telly and apparently state that there are no more nasty surprises, can rock to the top of the rises for a day on the stock market.
It is a sorry state of affairs when appearing on telly means more to a share price rise then the actually running of a company.

Rumour of a takeover helped drive the price up today.
d.

And I bailed out ... too early as usual after buying Monday.

Oh and washlander , if those people had such a clear cut and dry case against them for non payment then don't you think they would have started some sort of legal proceedings ? More likely there was some dispute over the work carried out that had to be resolved imo.

It is not about whether they did the work or not. It is the standard of the work and what they charged. I have no doubt that in a court of law they would get the majority if not all the money. It is just they keep proving as with the new NH contract that their management team is so poor.

Dalios, could you expand on the T/O rumour? I couldn't find it while searching the press.

Yes plz Dalios, I have spent all morning looking. I have shorted this share and would be interested in any info you may have.

Think it was an afx rumour yesterday morning , BBY supposed to be interested.

i think the shares are cheap and could be a take over target

Just a rumour that BBY were considering a bid, a whisper i suppose rather than a rumour.

that was a rumour b4 Xmas too. I think it unlikely, prob shhort covering by hedge funds.

Ftreader
Yes think you might be right, have you got any other tips? you seem like a man in the know and i'm interested in making friends with you so i can get some good tips
dailos

I got one Dai .... Ireland for the Triple Crown :-)

The shares were also hepled by the fact that Stephen Whittaker the AA rated New Star fund manager has taken 0.5%stake 750,000 shares.
Where he goes others tend to follow and with the sunday press announcing it i would not be surprised to see a further price rise on Monday.

THE COUNT--->THERESEARCHER

Personally, I think he followed me first.

THE COUNT!

watch 4 bby results this week on news on jarvis

If anyone has read the traders thread in this BB, they'll know that the investment club I'm part of purchased JRVS this morning for it's long term portfoliio. Currently up 20p less than a hour after purchase - not bad!

Has anyone got any interesting views on the current value of this share??

Evil said today
Secondly I am very happy to be short of companies with large debts and minimal asset backing, preferably where trading is also woeful. Hence I am short of Henlys at 21p where a reconstruction at just a couple of pence looks the only way out and also of Jarvis at 84.5p. I fear that its chairman Steve "Shagger" Norris will soon regret his decision to take a ride at Jarvis rather than spending more time with his various families. This share price is heading only one way and that is the same way as Shagger's opinion poll ratings. Both these positions are heavily in the money and will support my heavy drinking for many months as they become more

Imo more profit wanrings to come...(Contract management is all about conrolling costs from quote to final completion. JRVS appear to be incapable of any of that)

Hope you sold Jarvis Little Woman