|The Mission Marketing Group
||EPS - Basic
||Market Cap (m)
Mission Marketing Group Share Discussion Threads
Showing 1026 to 1050 of 1050 messages
|At this point I would like to say that I filled my boots at the IMS and got my reward this week...but that would be a lie.
Perhaps its the close shave with bankruptcy some years back that has tainted potential investors? Or it may be its just too small to be on the radar. Either way I am feeling much better about this than I did this time last week.|
|DR B, I would put your sentence about mgt in a positive way; they have been very trustworthy with their pre results chat. I am amused by the lack of reaction to the current pre result comments as these results accurately predicted. The buying opportunity was there for all to see!|
|I am quite surprised by the reaction to yesterdays results. They were pretty much telegraphed in the IMS previously - perhaps there is some credibility gap between what they say and what the expectation is? I can't say in the few years that I have held these that the management has been untrustworthy.
Hopefully the dividend will now attract some of the smaller trusts and income seekers to take notice. It is still only at the same level as it was earlier in the year when the expectations were not yet reality. I know most in house broker often set unrealistic price targets, but 60p seems fair enough to me.|
|If I understand the dividend expectations,last year 1.2p was paid.if interim was increased by 66% and the final will also be so ,then a full year of 2p is implied. Yield around 5%|
|Good start to the day with some buying pushing the share price up, would be good to see this break the 45p resistance in the coming weeks,,,,,,DYOR|
|Highest daily volume for 2 and a half years today|
|David Morgan on the results video states the intention is for the final dividend also to go up by 2/3:-
"...and we are hoping to maintain that level of growth through the full year.."
|Edison view from this morning:
"The mission continues to flesh out its offer, scaling up and adding to its capabilities through small acquisitions and start-ups. H116 figures show double-digit growth in operating income, with adjusted EPS ahead 15% y-o-y, solid cash flow and a good step-up in the dividend. A number of high-quality names are added to the client roster, including O2 and Halfords. Greater emphasis is being placed on collaboration between the networked agencies, which should maintain the new business momentum and enable the group to win a greater share of spend from existing clients. The deep valuation discount to sector looks increasingly incongruous."
finnCap view this morning:
"Once again, the group has produced a good set of interim results in line with our growth expectations. The results confirm that recent acquisitions are continuing to trade well and that global capabilities have been further strengthened. Profit and earnings forecasts remain unchanged, although the 67% increase in the interim DPS results in DPS upgrades. The stock is now yielding 4.1% and sits at an EV/EBITDA of 4.3x, reflecting a significant market discount. Our 60p target price implies 64% upside."
both taken from Research Tree|
|Well I'm happy with this mornings HYR
· Revenue up 10% to £32.4m (2015: £29.5m)
· Headline profit before tax up 10% to £2.6m (2015: £2.3m*)
· Reported profit before tax up 14% to £2.0m (2015: £1.7m*)
· Headline diluted EPS up 15% to 2.33 pence (2015: 2.03 pence*)
· Interim dividend increased by 67% to 0.5p (2015: 0.3p)
· Payable on 2 December 2016 to shareholders on the register at 4 November 2016|
|huge volume already today.|
|I've never understood why this company's share price has been so low and why it has fallen over the last year. surely has to rise again but based on recent history anything can happen.
I would like the debt to be a bit lower but confidence shown by the significant increase in the dividend.
Company still looking for acquisitions as well.|
|Looks good to me. Hopefully it will breakout of its flatlining that seems to have occurred over the last few works. It continues to be my largest small cap by some margin.
Still don't understand why it's 25% lower than last year|
|Strong results and prospects for the year. Great increase in divi signalling confidence. Debt levels look manageable at the moment, but I'd rather they were lower in a cyclical business.|
|results tomorrow...should be good based on the last trading update. IMHO.|
|if you like TMMG/sector, then take a look at Cello....interims due out soon and shares have some real momentum IMO behind them....worth a look me things DYOR and apologies for the "plug" but I have been in and out of TMMG regularly!
|Heading back to the multi year low again for no reason. Just wonder why there is such a disconnect between what the co says and how the market values it. Just have to hold and hope.|
|Wouldn't it nice if we were presented with an aggressive t/o approach! Not starting any rumours, but we can but hope what with this serious undervaluation. Patience is the requirement here.|
|Dr B - I have
HL as a whole had not received the dividend as of cob yesterday and have been chasing up|
|Got mine on the 18th !|
|Whilst the co has a mostly UK focus it should also benefit from the drop in sterling - overseas earnings will be worth more.
Joe you should contact HL. Dividend has clearly been paid.|
|Very pleased with this update, chart looking good for move north too :-)DYOR etc.|
|Great update today. Liked the following:
'...we again expect both revenue and profit for the first half of 2016 to show double digit growth...benefiting from both organic growth and the acquisitions...'
Despite the double digit growth '...We expect our results for the year to 31 December 2016 to again have a significant bias towards the second half...'
Plus net debt has also fallen.
Looks like Brexit has not impacted the company negatively. I felt we were undervalued pre-Brexit anyway and now represent even better value.
I wonder if we might see any Director buys in the coming days/weeks.
|Good Results !|
The Mission Marketing Group* (TMMG): Positive trading update (CORP)
The group has issued a trading update for the six-month period to June 2016. The statement confirms that both revenue and profit have shown double-digit increases over the same period last year through a combination of organic and acquisitive growth. Net debt at the half-year end was £9.4m, implying a net cash inflow of £1.5m despite cash consideration payments of £2.6m. Both the group's leverage ratios reduced during the period and remain well within the limits set by the board. The group's trading profile is traditionally heavily second-half weighted, and we expect that to be a feature again in the current year. Following the statement, our full-year forecasts remain unchanged. The group is clearly continuing to trade well and generate cash, and there remains scope for further acquisitions in due course. However, despite this positive profile, the current market valuation implies a significant discount to its sector peers and the wider market, indicating a good investment opportunity. We therefore retain our 60p target price.
Analyst: Mark Paddon|