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By James Bowden of Stockomendation | Saturday 15 December 2018
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Another dismal year for public services provider Interserve (IRV) was capped off by a further 50% slump in the firm’s share price earlier this week. The price reaction formed a direct response to the revelation that Interserve is seeking a rescue deal which – according to Christopher Williams (The Telegraph) – represents “a disaster for shareholders”. In this week’s article, we take a look at current tip sentiment; do the consensus believe the firm now can be salvaged, or is it is doomed to fail? The answer: it depends on who you ask – tipsters, or brokers?
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