Share Name Share Symbol Market Type Share ISIN Share Description
John Menzies LSE:MNZS London Ordinary Share GB0005790059 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.00p -0.43% 697.00p 683.00p 685.50p 699.00p 672.00p 688.50p 118,218 16:35:26
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 1,981.6 19.8 11.8 59.1 581.47

John Menzies Share Discussion Threads

Showing 801 to 823 of 825 messages
Chat Pages: 33  32  31  30  29  28  27  26  25  24  23  22  Older
DateSubjectAuthorDiscuss
24/7/2017
10:23
CNCT should be buying stock back. It's very clear to me. Not that clear to the company.
buffettjnr
24/7/2017
10:07
A 1-year or year-to-date chart of Mnzs vs Cnct makes for interesting reading. I can imagine the Connect board thinking "something must be done".
1gw
20/7/2017
18:23
"The boards of DX and John Menzies continue to anticipate the Transaction will be completed during the summer of 2017." (5th June announcement) Better get a move on and get those shareholder general meetings fixed then. Feels like the timetable is slipping. You think DX are trying to get a counter-bid from Connect?
1gw
16/7/2017
14:10
Also...don't discount Connect being in the mix...
buffettjnr
16/7/2017
14:00
I imagine when the deal was conceived it appeared perfect to Menzies - if not too good to be true! Menzies were looking at options to split the aviation business from the distribution business and I think the idea of reversing the distribution business into DX would have appeared to give them the opportunity to avoid the costs of a float as well as providing increased scale, considerable synergies and the chance of realising further upside by turning round the operational performance of the DX business. Fast forward through public objections from an activist and non-supportive DX shareholder, renegotiation of the deal, police investigation and (perhaps) ongoing doubt in some DX shareholders' and management's minds about whether it is really the right thing for DX (or indeed who is actually buying who!) and some of the shine has perhaps worn off. I think they need to put this to bed as quickly as possible now and get the shareholder meetings and votes organised. If they can't get sufficient DX shareholder support then walk away and pursue a "simple" float deal for one of the Menzies businesses. If the DX business can't be turned round by DX then there will presumably be an opportunity to make an offer for it in due course.
1gw
15/7/2017
14:57
Menzies should withdraw its interest in combining with DX and make an offer 1p. That's where DX would trade.
buffettjnr
15/7/2017
13:02
Yes were are if it were an offer. Since we are buying you it is really a stupid way to do it. Better Menzies buys DX then lists them freight side with an ipo much simpler
reallyrich
14/7/2017
21:54
Probably is...I think the issues coming to light in the DX business are badly management and poor decision making. Hopefully, Menzies can inject their own style into it. At least, I suspect, DX shareholders would be grateful to have the Menzies offer.
buffettjnr
14/7/2017
09:25
Is it just me or does the tone of the last couple of mnzs announcements suggest that the relationship with dx is a little strained?
1gw
07/7/2017
18:36
Better late than never for the Mnzs acknowledgement rns, although hardly the most gung-ho of drafting. Need to get dates scheduled for the general meetings and shareholder circulars published.
1gw
07/7/2017
09:30
Slightly disconcerting though that there's little price movement today and I appear to be the only one putting any volume through, at least on published trades, even if I'm still waiting for one of mine to appear. Hoping that Menzies will put out an rns at some point acknowledging the DX. news.
1gw
07/7/2017
09:15
I've got a reasonable track record of trading menzies, so happy to get the odd one wrong. I tend to look at groups of trades rather than individual ones in any case. The most recent group of sells have been at 694p (28th April), 718p (23rd May), 710p (16th June) and 659p (5th July), all including costs. Average 696p. Bought a large part of them back this morning at 685p average (again including costs). So just a bit above breakeven this time as it turns out, but in my view trading, especially on news, helps to manage the risk.
1gw
07/7/2017
08:34
Making your broker happy since 1987
buffettjnr
07/7/2017
08:05
And back in again on the DX. news.
1gw
05/7/2017
15:45
Absolutely. It always makes sense to sell when something falls.
buffettjnr
05/7/2017
15:21
Sold the last of them just there at 660p. Maybe just a tree shake but don't like the way it's dropping.
1gw
16/6/2017
11:54
Decided to take more profit to provide funds for purchases elsewhere. Now down to a relatively small holding again.
1gw
09/6/2017
08:08
Dx. (bad) news breaks just after they announced the conclusion of the renegotiation. Hmmmm. Scope for a further renegotiation - or perhaps delay in closing until it's a bit clearer what the outcome of the investigation is likely to be?
1gw
05/6/2017
08:15
Difficult one to call. Takeover is now likely to go through I presume ("good" news - higher value). Takeover has got more expensive - presumably - with Mnzs owning less of the new group ("bad" news - lower value) Change in structure and amounts - cash / new debt-funded DX. shares / new placing-funded JM shares. Have to see where we settle. - my spreadsheets aren't up to the analysis this morning.
1gw
23/5/2017
13:32
I've just taken a bit more profit I'm afraid. That chart feels a bit gravity-defying to me while the takeover is still pending (as far as I can see).
1gw
12/5/2017
16:45
Only just squeaked home on disapplication of pre-emption rights.
1gw
12/5/2017
12:43
No chance. They should have called an a and they didn't
buffettjnr
12/5/2017
09:43
Really? The last I saw (early April - e.g. Telegraph article below) they (Gatemore Capital) were hoping either to find a white knight, or to renegotiate terms with Menzies. Have you heard that they've managed to reach agreement on revised (or even unchanged) terms? “If a substantially better deal does not emerge, we believe the current one will be blocked, at which point shareholders will coalesce around changing the board,” Mr Meidar said. hTtp://www.telegraph.co.uk/business/2017/04/07/board-logistics-group-dx-wins-reprieve-activist-investor-shelves/
1gw
Chat Pages: 33  32  31  30  29  28  27  26  25  24  23  22  Older
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