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Looking at the recent plummet it might seem like a good time to buy in case of recovery.
https://www.ft.com/content/f2234748-688b-11e7-8526-7b38dcaef614
Do not buy (Source: Ex-management)
Carillion PLC has dug itself into a hole through out of control bonus culture of paying the many many management and directors 50-250K+ bonuses multiple times a year; not based on performance or result.
On many sites management are free to take materials from the project as they see fit. This combined with pending legal action due to unsafe levels of cancer dusts (respirable crystalline silica etc) due to cheap building materials and lying about safety to their employees...
Do not buy, and if you have bought after the plummet sell. Even if they raise the 500 million+ they need, the management and directors will take it all as they let it sink again.
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It seems massively oversold OP. I'm hoping to make profits on a cheeky 30% dead cat bounce. Would you approve?
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great company many jobs lots of growth buying the dip
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