Mecom Share Discussion Threads

[ruethewhirl] 28/2/2014 20:21

Nice end to the week.

Rue says the trend is your friend in MEC.

[pork115] 28/2/2014 20:18

On this train since 105 very happy, happy to wait for more though, think should push to 150-160 through march with wots coming

[tom111] 28/2/2014 17:12

Things could hot up next week with the index rebalancing,plus sale of Limburg pending plus possible divi,plus good results imho

[butchcasio] 28/2/2014 16:13

Possibly, March.

Lets wait and see.

[billyboswell] 28/2/2014 16:09

Look forward to it going bang in the coming weeks. Only going one way this one.When is divi out?

[butchcasio] 28/2/2014 16:06

Yes, 6% is a pop.

Over 10% is a bang?

[butchcasio] 28/2/2014 15:53

There's that pop, my chart predicted. :-)

[scrabble1975] 28/2/2014 14:16

Closed my spread bet, nice little profit :) Going well long on my shares :))

[cockneyrebel] 28/2/2014 14:11

Good buying, new highs.

CR

[andyview] 28/2/2014 13:24

looking good today and continuing with the uptrend....gla

[tom111] 28/2/2014 13:23

All things being equal then MEC will qualify on the 4th.GLA

[scrabble1975] 28/2/2014 09:56

Enjoyed that dip yesterday :)

[tom111] 27/2/2014 19:39

Might be wrong just feel a lot of good news is imminent

[bubbleandleek] 27/2/2014 11:00

right... charts go out the window when a stock like this is hovering around the cut off mark for index re-balancing. hold above a mkt cap of 135m then its set to re-join the ftse small cap..... will be index buying just like we saw index selling when they got dumped last june. this will be based on closing prices as of the 4th march.... changes take effect close of play 21st march. could see a decent run on the stock next week. good luck

[deltrotter] 26/2/2014 21:05

18th March for results:

14th January 2014



Mecom Group plc

Pre-close trading update



The Board of Mecom Group plc ("Mecom" or the "Group") issues the following trading update for the year ended 31st December 2013, in advance of its final results which are scheduled to be announced on 18th March 2014. All trading performance figures and comparisons quoted in this statement are based on the Group's continuing operations (i.e. excluding the Norwegian and Polish operations, which were sold in 2012 and 2013 respectively, and are treated as discontinued in the financial statements). References to "pro-forma" results in this statement exclude revenues and costs generated by those component parts of the continuing Dutch and Danish businesses which have been disposed of during 2013 as part of the Group's Strategic Review.



Trading highlights

Results for the year are expected to be ahead of previous guidance, with full year EBITDA estimated at approximately €87 million (2012: €87 million). The Group expects adjusted earnings per share from continuing operations to be approximately 28 euro cents (2012: 24 euro cents). Comparisons with 2012 performance are affected by the disposals made during 2013, but excluding the results of businesses sold from both financial years EBITDA is estimated to be approximately €6 million higher than in 2012.



Group net debt at 31st December 2013 was approximately €38 million, 0.5 times pro-forma EBITDA and €91 million lower than at 31st December 2012 largely due to the receipt of more than €70 million of disposal proceeds during the year.

[butchcasio] 26/2/2014 21:05

Seller in the mix, guys.

Hold tight and or add.

I've added more twice this week. :-)

my chart says, we closed on high confluence point and we should get a decent reaction.

:-)

[she-ra] 26/2/2014 20:49

If Limburg is sold for 40 million Euros, as has been suggested, and Mecom becomes debt free what will happen to the share price?

[bogotatrader] 26/2/2014 20:30

Down on low volume of 294k....imho little drop on a weaker market day ahead of a run ahead of results in due course....

[bobsfa] 26/2/2014 19:14

Is it 14th March? Will need to check, but I think so.

[pigeon1] 26/2/2014 17:50

Do you guys know when the results are?

[bogotatrader] 24/2/2014 21:05

Poised for a run on 150p...

[butchcasio] 20/2/2014 16:42

interesting, low of the day was my buy.