Share Name Share Symbol Market Type Share ISIN Share Description
Mitie Goup LSE:MTO London Ordinary Share GB0004657408 ORD 2.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +2.40p +1.17% 206.90p 206.30p 207.00p 207.00p 203.30p 205.60p 1,001,627.00 16:35:28
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 2,231.9 96.8 21.3 9.7 742.81

Mitie Share Discussion Threads

Showing 901 to 924 of 925 messages
Chat Pages: 37  36  35  34  33  32  31  30  29  28  27  26  Older
DateSubjectAuthorDiscuss
07/3/2017
15:27
It is in the RNS,but i would agree, 80,000 health visits a week ALL losing money! You are kidding me. This lot should not have been in charge of anything.Looks like a write off of £150m They are totally barmy! The one good thing i suppose is they have drawn aline under it.And got it off the books.The unfortunate thing is they bought it and could not manage it. With out a doubt the managers they have could have probably done so but they have them operating small divisions.While they lined their pockets in HO not knowing what to do.Not really up to the job of managing the business. What a mess Still don't know how the shareprice is so high.
fidra
07/3/2017
09:43
Who bought the healthcare business? If they can figure it out (with cash chucked at them) why couldn't Mitie?
zcaprd7
28/2/2017
15:07
Who is buying this? After the January profit warning I can't see it being worth more than 150p per share. Is there a takeover on the cards? Does anyone have any ideas?
robinskardon
02/2/2017
17:30
It appears to be a method to acquire voting and then real interest in shares whilst the only disclosure is made by the facilitating bank. Not sure whether to expect any further disclosure in the FCA short position register. Any one else got proper understanding of this?
bagpuss67
02/2/2017
15:52
Can anyone help me with making sense of the JP Morgan holding RNS today please. Not something I have come across before. Thanks in anticipation!
robinskardon
20/1/2017
11:31
Not sure they can afford to prop it up with share buy backs anymore.
bagpuss67
19/1/2017
13:35
This is crazy. The share price is almost back to where it was before yesterday's profit warning. Was the market expecting something even worse than the update?
robinskardon
19/1/2017
12:26
Bones, yes and MTO is a reminder of why I do not go short individual stocks, find timing the short side more difficult.
essentialinvestor
19/1/2017
12:12
Agreed Bagpuss. It seems a lot of investors are putting an awful lot of faith in the ability of the new CEO to perform some sort of magic!
robinskardon
19/1/2017
10:57
Astonishing. That this has barely moved down on such a grim update. They must be struggling to keep all the plates spinning though. Still think this will at some point suffer a further major crash in share price.
bagpuss67
18/1/2017
19:21
The big risk in going short on these potential basket cases is an opportunistic bid emerging from foreign parts using cheap sterling. Whether MTO holds anything of interest is debatable but this happened to BRAM which, while a different area of business, looked a spent force financially yet shorts got singed.
bones
18/1/2017
15:18
Goodness was it 10 years ago!. The years fly by now unfortunately.
essentialinvestor
18/1/2017
14:47
fidra, the MTO founder died a few years ago, long since retired from the business- and for a couple of decades or more their model worked beautifully, enriching both management and shareholders What happened imv is as the Company expanded that never ending growth cycle became increasingly difficult to maintain, leading to arguably lower quality decisions and highly priced acquisitions. It bears some similarities to Rentokil about 16 years ago, where the then CEO was known as Mr 20%, a reference to their annual EPS increases. RTO survived following divestments etc and is highly profitable, not sure how this will end for MTO.
essentialinvestor
18/1/2017
14:44
Like EssentialInvestor I am also amazed at the current price given today's TU.From my point of view I see this as below 150p and as someone else posted earlier MTO could even go bust if the debt grows too much. Just my view!
robinskardon
18/1/2017
14:34
Essentialinvestor whats your view on the now departed management,and the strategy they adopted?
fidra
18/1/2017
13:45
MTO, like CPI, made a lot of early investors huge returns. Until recently MITIE had a 20 year plus growth record, I remember the Company as a teenager reading the IC - mispent youth ).
essentialinvestor
18/1/2017
13:11
Very poor read, watch and wait....imvhpo ✔
neilyb675
18/1/2017
12:54
Mentioned this elsewhere but I am stunned the share price is still around current levels. The price reaction looks highly generous to me, as always just IMV only.
essentialinvestor
18/1/2017
12:30
That was a horrible trading update. They quote "underlying" earnings who knows what further exceptionals will be required. This can go below £1. Easily.
bagpuss67
18/1/2017
11:33
LOL! Also IMHO the share buyback has artificially propped the share price up.Why if they knew of these problems did they continue the share buyback.The shares would have been worth less and they could have bought more back. And if they didnt know what have they been doing all these years...err apart from increasing their own benefits and wondering about their PR. Personally I am expecting more of a clear out of the old guard and a sell off of some bits .Debt is too high.HQ is too costly and decisions made in the HQ have made the position worse. The FD came from I think Serco many years ago from a small job.within a short space she was FD at MITIE ,overpromotion and unable to confront the truth while lavishing in a huge salary and benefits while well beyond her capabilities.With no gravitas or experience.But hey thats what Ruby wanted she was on her way....
fidra
18/1/2017
11:00
You really have to marvel at modern PR.
essentialinvestor
18/1/2017
10:38
It is not only her it was the Fd as well and numerous directors doing deals for themselves in the"new startups'. Then having their family's start ups bought for large amounts of money.Too much backslapping,while the businesses that could improve being starved of capital due to mistakes and greed at the top. I personally think Ruby was not really that good,and pr made her up!Not only that, the company paid for her PR .She could not leave a few years ago by making it appear inPR she was indispensable!She was just left to dig the trench deeper! How she was made a baroness is another scandal Always wondered why Isqbel Macpherson left not long after the social deal. Only my opinion of course!
fidra
18/1/2017
10:27
fidra, what do you think of the amount paid Ruby over the years, plus share options, pension top ups ).
essentialinvestor
18/1/2017
10:17
Peel Hunt and Liberum both reiterate their Sell recommendations this morning. PH retain their target price at 174, Liberum reduce their's to 165. Both look too optimistic to me. No indication in the TU of what net debt is now but as others have pointed out mention of the covenants must mean it is increasing still - £300m plus?
robinskardon
Chat Pages: 37  36  35  34  33  32  31  30  29  28  27  26  Older
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