Bouleversee wrote:That's interesting: HL have IRV s p at 38.48p to sell and 37.48p to buy.
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backwardisation .
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Bouleversee wrote:That's interesting: HL have IRV s p at 38.48p to sell and 37.48p to buy.
EssDeeAitch wrote:Having been a supplier or goods and services to Carillion, Interserve, MITIE and others in the Support Services sector, there is no way I would invest a single penny in them. They win contracts on the cheap and then squeeze suppliers, compromise on quality and delay payments to manage profit and cash flow. It seems to be the norm within this sector (and I refer specifically to their Facilities Management divisions).
There is no doubt in my mind that Carillion were the worst of those we dealt with but all were grotty customers and make for grotty investments.
Bouleversee wrote:EssDeeAitch wrote:Having been a supplier or goods and services to Carillion, Interserve, MITIE and others in the Support Services sector, there is no way I would invest a single penny in them. They win contracts on the cheap and then squeeze suppliers, compromise on quality and delay payments to manage profit and cash flow. It seems to be the norm within this sector (and I refer specifically to their Facilities Management divisions).
There is no doubt in my mind that Carillion were the worst of those we dealt with but all were grotty customers and make for grotty investments.
How about Morgan Sindall, who have done relatively well for me for some years but, like many, not so well this year? Also Balfour Beatty and Babcock if they come in the same category? They have been pretty useless. Have you had dealings with any of them?
Bouleversee wrote:That's interesting: HL have IRV s p at 38.48p to sell and 37.48p to buy.
jackdaww wrote:Bouleversee wrote:That's interesting: HL have IRV s p at 38.48p to sell and 37.48p to buy.
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backwardisation .. ..
jackdaww wrote:jackdaww wrote:Bouleversee wrote:That's interesting: HL have IRV s p at 38.48p to sell and 37.48p to buy.
===
backwardisation .. ..
Bouleversee wrote:EssDeeAitch wrote:Having been a supplier or goods and services to Carillion, Interserve, MITIE and others in the Support Services sector, there is no way I would invest a single penny in them. They win contracts on the cheap and then squeeze suppliers, compromise on quality and delay payments to manage profit and cash flow. It seems to be the norm within this sector (and I refer specifically to their Facilities Management divisions).
There is no doubt in my mind that Carillion were the worst of those we dealt with but all were grotty customers and make for grotty investments.
How about Morgan Sindall, who have done relatively well for me for some years but, like many, not so well this year? Also Balfour Beatty and Babcock if they come in the same category? They have been pretty useless. Have you had dealings with any of them?
Gengulphus wrote:jackdaww wrote:jackdaww wrote:
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backwardisation .. ..
I'm sure that plenty of readers here won't know what that single word means - so perhaps you'd like to explain? (Or if you actually mean "backwardation", that will do just as well.)
A link to an internet source will do fine - no need for anything lengthy. I'd do it myself if I could easily find one that I considered remotely relevant to this discussion - but I can't, so I'm taking care to avoid misrepresenting you...
Gengulphus
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