Share Investment, Discussion & Tips

[pjclarke]

So anyone brave enough for Carillion?

Hedge funds bag £80m on huge crash in construction giant Carillion's share price | City A.M.

Got to close those shorts some time

I carry some cash in the portfolio to take advantage of opportunities like this - quick in and out - the rule being that the market always over-reacts to good or bad news, and there's money to be made on the rebound.

But the removal of dividends and the debt mountain put me off this one, and indeed the price is still sliding as I speak. If it hits 60 (completely arbitrary number), I might reconsider …

Carillion looks like it's trying to bail out a supertanker with a soup spoon

Carillion: shares lose more than half value, huge levels debt - Business Insider

[MarillionFan]

Agree. Been watching Carillion, thinking we may get a bounce. To be honest I cannot see it. Everything that could go wrong, has. The CEO has bailed and Philip Green is a Non Exec on the board. That last bit put me off.

[MarillionFan]

BBC NEWS | Business | Market Data | Share Prices | London Stock Exchange LSE | Carillion CLLN



Getting closer to 60p, now 62.

(Update, hit 58)

[MarillionFan]

BBC NEWS | Business | Market Data | Share Prices | London Stock Exchange LSE | Carillion CLLN



Getting closer to 60p, now 62.

(Update, hit 58)

Bounced off 70. He who dares Rodney, he who dares.

[b0redom]

Just announced they've been awarded the contract to build a big chunk of HS2, so I bought a chunk, and it immediately fell.

[xoggoth]

Haven't got a clue. I tend to put my faith in the likes of Hargreaves Lansdowne and assume they know what they are doing. Mind you, I have checked the balance of funds and it's not out of line with other advice. Includes Asian, Japanese and European which are supposedly best bet at mo.

Where to invest if you're scared of putting cash into record-high markets 

Like also to put some in global real estate investment trusts (Reits).

[BrilloPad]

Agree. Been watching Carillion, thinking we may get a bounce. To be honest I cannot see it. Everything that could go wrong, has. The CEO has bailed and Philip Green is a Non Exec on the board. That last bit put me off.

So you only bought £10k worth?

[MarillionFan]

So you only bought £10k worth?

I only do in multiples of ten.

[b0redom]

£10 worth then?

[MarillionFan]

£10 worth then?

1200 up. Happy with that and closed.