Melorio Share Discussion Threads

[jl9] 12/10/2009 19:36

Small Company Share Watch - a fairly respectable tip sheet

[thepsychic] 12/10/2009 18:02

what's scsw?

[livinginhope] 11/10/2009 18:35

SCSW October 2009 - a big positive article on Melorio. Summary comment 'A prospective PE of 7 looks good value. Keep buying.'

Expect to see the shares shoot up first thing tomorrow! I don't think it will be long before they reach 200p!!

[cactus100] 29/9/2009 12:27

Have joined you for a few here. Thanks to scotchbroth for the heads up on the CR thread. My 2 x 2000 purchases moved the price up 1p!

[sheik yerbouti] 28/9/2009 10:01

Director buys 50k.

[matt123d] 25/9/2009 11:29

Finally some upward movement, looking good from here, a test of the May high of 159.5p looks on the cards now.

[stegrego] 25/9/2009 08:43

Trading in line and looking good.

Billy Bargain IMO.

[apsis2] 20/9/2009 02:15

john
Let's hope £1.50 + - broker target's £2.44
GLA

[mossend] 19/8/2009 13:17

All sells today. Thinking of buying into this. Fundamentals look brilliant. Will wait until share price breaks through cuurent price.

[john_l] 10/8/2009 21:04

looks like this ones bounced next stop 130+

[apsis2] 03/8/2009 14:57

Thanks for the posting re FD email , interceptor2. Small tick up today is good to see.

[interceptor2] 01/8/2009 10:21

The statement from the FD is genuine, he E Mailed me yesterday. The reason for the delay was because he had been out of the office until Friday. I know nurdin in post 70 of 77 said he would speak the the company to find out some info, hopefully he has had some contact and might be able to back up my previous post.

I just think that they missed an ideal oppotunity at the AGM by not releasing a trading update along the lines of the FD statement to me.

However I am reassured that mlo are in very good shape, and plan to buy back in on some strength.

[apsis2] 31/7/2009 23:13

I sold at 158 a little while ago and bought back in at 124. Averaged down today with more buys. Don't usually do this but over 30% drop on the news of 1 million lost profit seems very excessive when profit forecasts are 12.16 million. If above FD statement is true then recent broker target of 244 should not be too off the mark. Hopefully confidence will return in near future.

[stegrego] 31/7/2009 21:01

Well i held from a quid up to 160 and all the way back down....!

Didnt use any stops as i didnt think it would keep dropping and i still have great faith here..

Would be more fed up if the rest of my portfolio wasnt up 15% over the past few weeks!

Still come good here i reckon.

[interceptor2] 31/7/2009 20:54

I received a responce from the Finance Director Alex Sheffield today.

He says that the reason no statement was made regarding trading, was because they continue to trade in line with previous statements made a few months ago

He also states that " The downward movement in the share price in the last few days has been very disappointing, but we believe is due to private investor sentiment turning once again."

Hope this helps with your investment decisions, as for me I was unfortunately stopped/lossed out, but I will keep mlo on my watch sheet, and buy back in a some point.

[apsis2] 31/7/2009 14:13

Bought in twice today both registering as sells. Recent drop does seem very overdone.

[stegrego] 29/7/2009 12:46

I think this drop is stupid.

Notice it is now starting to climb back.

P/E is about 6 even if the £1 million shortfall comes true.

Totally irrational market as usual and i expect these to be 200p before the end of the year.....

[interceptor2] 29/7/2009 11:42

stopped/loss kicked in this morning, shame because I think they are a strong company.

A bit disappointed not to recieve a reply to my E Mail enquiring about the AGM, surely last weeks AGM was an ideal time to issue a statement, like Singer did yesterday.

Sent another E Mail to them this morning, requesting a trading statement which if it was to be along the same sentiment as Singers would halt this price slide.

I hope that for investors still holding they release a TU soon, and I wish you the all good luck.

[interceptor2] 28/7/2009 22:45

It would seem Singer think mlo will make up the possible shortfall with Zenos ICT training unit. Today they reiterated their corp/hold stance and gave the following forecasts.

2009 PBIT = £11.8m (£11.8m) and EPS = 20.8p (20.9p)
2010 PBIT = £14.4m (£14.0m) and EPS = 25.5p (24.8p)

As you can see 2009 are basically the same as last May forecast, but 2010 they have significantly increased. It is reassuring that they don't seem to see any loss in earnings.

nurdin - Good luck with talking to the company, it will be interesting to hear their position. I sent a E Mail to the investor relations department yesterday, to ask about the AGM last week, and if there was any relevant statement made. Haven't had a reply yet, but will post here when received.

[nurdin] 28/7/2009 21:54

No,the Times article says earnings(profits) could be hit by £1m...a big difference.I plan to talk to the company to get to the bottom of the situation.

[nurdin] 28/7/2009 17:42

More details here :

[ukinvestor220] 28/7/2009 16:36

from todays times:
Melorio fell 8p to 127½p after Singer Capital Markets said that changes to the CITB-ConstructionSkills funding regime, which come into effect at the start of August, could hit earnings of the training group's construction and infrastructure division by about £1 million a year. However, the broker reckons that trading momentum in Melorio's Zenos ICT training unit remains strong and should offset the shortfall.

[nurdin] 27/7/2009 16:30

recent press reports about cut backs in training budgtes may have something to do with it.I got stopped out Iam afraid

[interceptor2] 27/7/2009 16:08

120 is the support, so hopefully it will hold here. when I check mlo against other companies there isn't much that are better value on fundamentals. with the price @ 120p the 2009 per is 5.5 and 2010 per is 4.6, with respective growth of 40% and 20% giving a peg of 0.15 and 0.27.