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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Mang.Bronze | MNGS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 10.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 10.00 | 10.00 |
| Top Posts |
|---|
Posted at 03/2/2013 15:13 by diku There ought to be an investigation into the Board and Geely....was it a delibrate ploy to send MNGS into a slow death admin hence they didn't support the RI when price was around 50p....if the assests are good for them now then why didn't they just buy the company when the shares were still traded?.... |
Posted at 18/10/2012 10:40 by diku Does MNGS have a case against that Chinese company that supplied the parts?..What chance they do an RI and Placing shares at 10p whereby Geely takes the Placing shares and RI shares thus increasing their stake in the company.... |
Posted at 16/10/2012 09:38 by peterninefive Adorran Your post 1035Nothing to do with hind site. As a taxi operator for over 30 years I have made over a dozen visits to the factory to meet with directors, management and shop stewards. Also as a member of the TGWU Unite Union vehicle design group I have been involved since the 1990s in persuading the company to make improvements to the vehicle - puting the most used switches in the most inaccessible places was one of their ill thought practices which we corrected. We got them to get rid of the glass passenger partition and replace it with attack proof poly- carbonate and modify the dashboard over the luggage area to accomodate larger suitcases. This company were proud of the metal presses dating from 1939 when they bashed out panels for armoured personnel carriers but still in use they bashed out ill fitting body panels and should have been replaced long ago. I gave up visiting them when they introduced the TX4 because they had continued thier practice of scouring the bargain buckets of the motor trade for parts. Miss-matching as I saw it engines from Italy Gearboxes from Austria and the number of parts which seemed to continue to come from old lines of Land Rover, Ford Sierra, etc. was not what was necessary for an intensely used commercial vehicle. I last met with the factory's shop stewards before the summer. They were concerned for the jobs of the workforce and were talking on behalf of both the workforce and the management who at long last wanted to listen to drivers to find out why they were not buying the product. If they had listend to drivers over the last 20 years they would still be a thriving business but my view of the management is I wouldn't have them run a church fete stall. This latest problem is likely to be due to their mentality of reaching for the bottom priced part. The steering of a taxi is a masterpiece of engineering but the extreme turning circle causes much more strain on the power steering box. It needs to be of the highest quality not Chinese junk. They could easily retro fit the previous steering box and get all these drivers back on the road but they have to be ot of money. You cannot loose money year on year, have doubtful accounting and stockpile unsold vehicles and still have a long term financial future. They don't even have a short term future in my opinion. I missed out on the spectacular 2007 rise in this company's price to £8 because I could not see the value in the company that others were aparently seeing. Directors cashing in their options at the same time told me they didn't believe it either. Drivers are hanging on to their TX1s with the Nissan engines because they had reliable engines so I think Nissan will quickly take the whole share of the market that London Taxis International once had because Nissan already have a good name. I think that the conversion of Peugeots and Fiats is also under threat from the Nissan but do your own research, I have no inside information on Nissan. I hope Nissan will build a British version in Coventry which has long been a centre for vehicle engineering skill and is where other conversion taxis are already made. MNGS - RIP |
Posted at 03/3/2011 16:06 by darlocst Tiny market cap, world renowned brand, operational costs slashed over last 2 years, return to profitability this year and now rapidly expanding sales.Last time there was a sniff of good news MNGS went up 200% in 7 trading days. |
Posted at 12/1/2011 16:19 by crystalclear Well, the olympics are coming, and with the rising cost of motoring and the conservative government creating unemployment by their cuts, more people will be pushed onto public transport.But it is what happens with the Chinese that I think will be the make or break of MNGS, and not what happens in some small little island off the coast of Europe. |
Posted at 06/1/2011 18:31 by dag1967 Does anyone have any views with regards to MNGS and their competitor ECV (Eco City) ?ECV seem to be increasing their market share. I'll shortly be looking at ECV and comparing to MNGS. |
Posted at 26/11/2010 12:44 by boldtrader doing some research on MNGS I notice they reported a tie in with TAN in 2008 regarding manufacture of the TX4E, any posters know what happened to that deal? China is reported to be the place to beinvested right now,Geely own Volvo and are the largest car manufacturer in china and with a new 4 door model rumoured to be on the cards for 2012 and the Daily mail article this seems to be a fair revival play. Any investors here any insights for or against? Thanks and cheers. |
Posted at 24/11/2010 08:19 by alunmorris '[Geely] still desperately wants to take full control of the Coventry-based company. A £22.5m cash bid worth 75p a share will be tabled soon. Geely will keep the London quote and invest millions in the group's Coventry site'I'm still short but I'll take the risk that Geely need not pay 75p. £22.5m = 98.5% of the shares. How can MNGS remain listed if the share capital is owned by Geely? |
Posted at 04/11/2010 16:14 by alunmorris Appointments: ex-Geely man as Dept CE and the executive Deputy General Manager of Shanghai LTI Automobile Components as non-exec.Why has this increased the value of MNGS by 30%? |
Posted at 10/8/2010 15:14 by trendfloor Shorters closing out quickly.... |
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