II Editor
16 Feb 2018
NEW ARTICLE: Stockwatch: There's underlying value in this short-sold outsourcer "Does this £3.2 billion engineering services group have intrinsic strengths to overcome weak sentiment, or is yet another example among outsourcers and utilities, to avoid "recovery plays?" Shares in LSE:BAB:Babcock International has halved to ..."[link]
Ripley94
11 Feb 2018
Re: going down Glad to read you closed your short Elena.I topped up Friday @ 154p had a few deals in wanting to buy somethings on market falls.only this buy went through.
Elena Saratov
06 Feb 2018
Re: going down I closed my short position here today on a profit because I needed to square my loss on my Capita short.I have detected a possible Rally that made me less inclined to hold this short position.
Elena Saratov
05 Feb 2018
Re: going down This company is well overvalued in an overvalued sector.Good time to sell.Before it reaches 50p!Ouch
AuGment
31 Jan 2018
going down With the demise of Carillion and the rest of the infrastructure services sector strugging to stay alive ( interserve G4S, ISS Serco etc) there's only one way for this outfit (down). They made their money by aggresively aquiring successful FM providers, stripping out the expensive labour , repopulating with cheap unskilled overseas labour and selling the reduced cost and skill service back to the market. And they were very good at it up until a few years ago - the management team under Ruby McGregor amassed small fortunes. Well before the collapse of Carillion however disillusionment had set in amongst many customers and the market started to change. All of a sudden no one wanted to pay premium rate for a mediocre service and successive contract renegotiations became the norm. But it needed the collapse of Carillion to burst the bubble. No soft landing for this one unfortunately as Brexit approaches.
Ripley94
23 Jan 2018
Re: Page not found ??????
AuGment
23 Jan 2018
Page not found That page doesn't exist. You can try looking at some of our most popular pages:
Ripley94
23 Jan 2018
Re: CEO on news night. Put a GTC limit on Friday 19th.Lifted this morning @ 187p... bit of a surprise.( Thomas )R
Ripley94
19 Jan 2018
CEO on news night. Re Carrillion collapse ( the only one of competing company's to except invitation )
II Editor
05 May 2017
NEW ARTICLE: Stockwatch: This turnaround wrong-foots short-sellers "Is this another case of irony, how a heavily-shorted stock has enhanced upside potential as a new management steadily delivers on turnaround targets, while upsets fade?There have been various companies - Home Retail Group, now owned by ..."[link]
II Editor
01 Mar 2017
NEW ARTICLE: Mitie shares surge on £2 sale "After just three months on the market, serial profits warner LSE:MTO:Mitie has managed to sell its loss-making healthcare businesses for a quid each, although it must also help fund its turnaround. After plunging to 2008 lows in November, this ..."[link]
sound money
01 Mar 2017
Out @ 226.8 on a CFD trade for a margin pop of 12.8%M
Clitheroekid
18 Jan 2017
Re: Why the price jump? So maybe there is some truth in the old saying that profit warnings come in threes after all.Glad I jumped ship, I can see this going a lot lower.
idontwanttolose
18 Jan 2017
another profit warning!! Trading updateMitie Group plc ("Mitie"
, the facilities management and consultancy business, today issues the following trading update.The Board has met for the past two days to review strategy and to consider the Group's trading outlook for the year as a whole. Property Management and Technical FM divisions have been impacted by client deferrals and investment plan delays, respectively, which are now expected to be fulfilled in 2Q 2017. Separately, it is clear that our Cleaning division is underperforming; management changes are being implemented.In addition, the Board is undertaking a balance sheet review, and has taken a more conservative judgement on contractual positions, identifying an additional £14m of one-off charges in the year.As a consequence of the above, we now expect underlying operating profit for the full year to 31 March 2017 to be in the range of £60m to £70m (including ongoing healthcare losses, but before the previously disclosed £10m one-off costs of change).Despite these lower forecast earnings, we expect to continue operating within our contractual banking covenants.The balance sheet review will also consider the potential impact of IFRS 15. Full year results for the twelve months ending 31 March 2017 and an update on our strategy will be announced on 24 May 2017.
Clitheroekid
12 Dec 2016
Re: Why the price jump? Yes, that was the only news I could find. But having bought in at £1.93 on the dip after the first profit warning and having missed out on previous opportunities to take a profit that'll do for me, and I'm out. I'm painfully aware of the old saying that profit warnings come in threes, and that a new CEO may want to do a Tesco and get all the bad news out at once, causing a further drop in the SP.In which case I'll be back in!Good luck to all those who disagree with my sceptical view.
