.... For months, the company has been one of the UK stock market’s most shorted companies – meaning that investors have been placing bets on a fall in the company’s share price. The short-sellers have also been motivated by Carillion’s dependence on support services, which account for about 70% of operating profit
s and an area where companies regularly embarrass themselves with overly optimistic profit forecasts. ...
[Read full article on Guardian
Thursday 13th of July 2017 06:20:18 AM