||EPS - Basic
||Market Cap (m)
|Morses Club Daily Update: Morses Club is listed in the General Financial sector of the London Stock Exchange with ticker MCL. The last closing price for Morses Club was 126p.|
Morses Club has a 4 week average price of 120.80p and a 12 week average price of 121.74p.
The 1 year high share price is 132.50p while the 1 year low share price is currently 84p.
There are currently 129,500,000 shares in issue and the average daily traded volume is 13,948 shares. The market capitalisation of Morses Club is £157,990,000.
|optimist at large: RCTurner2
The price of 85p for 5,000 shares is because the NMS (normal market size) is only 1,000 shares. I have found that usually there is no problem, buying or selling, up to 2,500 shares but for larger quantities a premium is normally required unless the MMs have excess stock.
I think a major factor in the recent share price rise has been an increase in interest following the fairly significant directors' purchases. The share is somewhat illiquid which tends to make it very responsive to changes in demand.
The market cap at today's close is still only about £7M. which is less than the current value of their known investments and cash even after excluding RED.
I spoke to the FD today to try to find out if their RED shareholding had decreased but, as expected, got nowhere. However he sounded bullish and thought shareholders would be pleased with current developments in due course.|
|optimist at large: Yet another director buy today even though RED is further down.
In the 'good old days' a MCL share used to be about 80% of the value
of a RED share, its now about300% !|
|goldfinger: Mountcashel own 4.7% of Redstone Telecom. Redstone have just been handed potentially half a million customers in a deal with Natwest Bank PLC. Redstone share price has gone up by 50% this week.
Mountcashel share price has stayed static, though some bug buys (relative to MCL) goign through today. Most interesting is the news in the last hour that Ian Hislop has made his first purchase as an Executive Director.
I am not qualified to give advice and I am not saying BUY. I will leave that for you to work out, but I do own the shares myself.
You heard it here first. Thank you.
If you like the advice, please visit my site http://www.games-on-line.co.uk and reward yourself with some fun.|
Morses Club share price data is direct from the London Stock Exchange