The Mission Share Discussion Threads

[cliffpeat] 18/4/2024 10:48

The RNS today indicates that two recent acquisitions have performed sufficiently well to qualify for their "earn-outs". I see that as a positive sign though there is a consequential small dilution following of the issue of the shares element.

[chrisdonohue] 16/4/2024 14:24

I follow Simon Thompson, think he is fairly reliable but chose the shares I buy on his recommendations carefully and tend not to lose money. If TMG gets anywhere near the brokers' estimates of 6.18p and 7.07p the following year, he is right that the shares are greatly undervalued. But I am optimistic about the market rather than cynical about experts' recommendations. As many small share prices are at or near 5-year lows and there is a cost-of-living crisis for many, now seems to be a very good time to buy small company shares.

[symbiote] 10/4/2024 10:33

Same with all tipsters? Like with all pundits you need a healthy degree of scepticism. I enjoy reading old copies of shares magazines to see who said what; many laugh out loud moments."Experts" have to try and sound convinving. Sometimes they were right if you were lucky with timing but very wrong if not. The best ones were the ones who really understood a sector and were patient. That's the game I guess.

[estienne] 10/4/2024 10:15

Anyone who follows Simon Thompson is going to lose money

[qs99] 03/4/2024 13:45

Tend to agree with ST and think IMO they will surprise on the upside, so I reckon nearer 7p as marketing spend holds up or recovers as interest rates turn down.

Paying down debt, with interest rates coming down should also help reduce debt burden.

DYOR but am in for the ride and nudging above 50p in 24....DYOR

[18bt] 03/4/2024 10:28

FWIW, Simon Thompson's update:

House broker Canaccord Genuity is pencilling in a recovery in current year pre-tax profit to £7.6mn on annual revenue of £91mn, and a doubling of earnings per share (EPS) to 6.2p. Although shareholders will have to wait until 2025 for a return of dividends, free cash flow will be used to pay down debt.

Priced on a multiple of around four times operating profit estimates to enterprise valuation, the shares have further recovery upside. Buy.

[jeff h] 28/3/2024 20:07

DBAY I guess:-

"...The Board received a number of unsolicited preliminary takeover approaches from a potential offeror, both prior to and after the 23 October 2023 trading update, to acquire the Group. These proposals were considered thoroughly by the Directors, having sought independent financial advice, but were unanimously rejected as the Board felt that the proposals materially undervalued Mission, its business and prospects..."

[matt] 28/3/2024 18:56

David Morgan, MISSION's Non-Executive Chair, commented: "The difficulties encountered in 2023 as a result of the challenging trading backdrop have been well recorded. Nevertheless the year has still seen the Group continue to grow revenues with strong client retention and strategic new business wins.



"We have made quick progress in executing on our Value Restoration Plan, ensuring we have a platform from which Group profitability will improve in 2024 and remain focussed on continuing to strengthen our balance sheet. Trading in the new financial year remains in line with expectations and this further underpins our confidence for the year ahead and beyond."

[tyranosaurus] 28/3/2024 18:38

Results at 5.30pm when market`s closed for 4 days.
That`s the way companies try to bury bad news.
This one is no different.

[cliffpeat] 28/3/2024 18:19

He's definitely back!

David Morgan's report includes the coded "ostrobogulous creativity".

Look it up.

I'm much more confident in this company now.

DYOR

[qs99] 28/3/2024 18:07

Seems decent enough
2024 delivery now key to seeing this share double. It has the capacity IMO and the cost saving initiatives while growing revenue would suggest EBITDa and cash should rebound

DYOR

[devilsprofessor] 27/3/2024 16:21

Quite possibly. I'm watching this with much interest

[qs99] 27/3/2024 13:18

Really interesting spike last 48 hours, bid coming do you think? DYOR

[symbiote] 26/3/2024 12:17

Last time this company overextended themselves(2010?) they did what was necessary, turning it around with sensible financial management and it paid out to buy in low. I still like this business but expectations seem to have softened for the forseeable. Current dip does seem like a reasonable buy though so I continue to average down.

[devilsprofessor] 26/3/2024 11:18

Some big buys going through this morning....very interesting

[qs99] 14/3/2024 14:44

Looks odd, looks IMO as though someone has shown a rather large line of stock to the market....let's see DYOR

[estienne] 14/3/2024 14:10

I sold our shares in 2021 and never regretted doing so. I wouldn't touch anything recommended by Simon Thompson

[devilsprofessor] 14/3/2024 13:55

A bunch of sells today and drop in share price Anyway heard any rumblings?

[blackhorse23] 29/1/2024 15:34

https://www.londonstockexchange.com/news-article/APH/full-year-trading-update/16307097

[babbler] 17/1/2024 17:33

You don't have any...

[blackhorse23] 17/1/2024 11:55

Money moving to GNC

[qs99] 17/1/2024 08:37

Looks like a very very good/quick job tbh and tbf to management. New (old) Chair coming back obviously bashed a few heads together.

So "underlying" EBITDA £10m, debt down below £20m (may be seasonally back up Q1 lets see), so now looking back at "value" end of things IMO/DYOR

[devilsprofessor] 17/1/2024 08:09

And THATS how you recover a business. Well done TMG