Menzies(john) Share Discussion Threads

[paulof2] 14/4/2020 19:49

Hmm to get in now or wait to see if it ends up sub 80 again..

[gooner1886] 14/4/2020 19:38

Awful situation for the world to be in atm, but u dont get opportunities like this very much to make good money. No need to look at silly AIM stocks when all the big boys are at massive discounts.

[buffettjnr] 14/4/2020 19:25

That’s correct. It’s one of the biggest fallers on the FTSE All Share this year, yet, unlike the others in a similar situation, this isn’t a fraud, or a business in the oil and gas sector.

Yes, when airports open, this will fly...

[gooner1886] 14/4/2020 19:14

It is mate its up from the lows of 70p i think but its one thats not really popped yet either massively, once airports start opening people will be on board, alot of work in asia and australasia aswell for menzies, asia slowly opening up. Took away in the bottom draw , i think this is the biggest gift out there at the moment

[buffettjnr] 14/4/2020 19:04

They had a high cash generating distribution last time. Unfortunately the idiots sold it for nothing. This time it’s purely aviation. I grant you that it’s a bigger business, or, rather, was a bigger business.

Even so, on the strength of probability, this is the best value idea I can find in the UK.

[gooner1886] 14/4/2020 18:52

This wont go bust imo massive company came out the 2008 crisis well although obvs this is effected more this time around due to travel

[buffettjnr] 14/4/2020 18:47

2 years? Mmm...it’s either 6 months after airports open or it doesn’t make it.

[gooner1886] 14/4/2020 18:30

4 x your cash here lads within 2 years, this is a massive gift! Robust firm never going under

[buffettjnr] 14/4/2020 18:15

Huge volume. 84m shares in issue. 4.5% of the company

[thefartingcommie] 14/4/2020 17:46

volume...3,931,824 historically v high....

[buffettjnr] 11/4/2020 22:44

It survives if airports open up in June/July. Also, it survives with government support. Both are probable.

[gooner1886] 11/4/2020 22:37

It will survive, its robust obvs it will be hit hard, they are on most airports on the planet.Obvs it came back from the 2008 crash , but this is more severe as its hit travel massively. Seen a couple of short positions decreased aswell not by much but still.Its a 2 year but away job for me, hopefully it works out its bottomed out surely

[buffettjnr] 11/4/2020 22:30

The issue is that airlines will be the last to come out of this. But come out of it they will. It’s purely survival. If Menzies survives it goes back to 400p in short order.

[gooner1886] 11/4/2020 22:29

My first post was about after the 2008 crash didnt say that clearly

[gooner1886] 11/4/2020 22:28

Think im gna get in tuesday morning , dropped back on friday .May take a while to get going but it will in rhe end

[tomc85] 11/4/2020 22:18

Been thinking the same, got some at 84p. I bought when I saw the airline stocks jumping, this moved quickly after buying upto circa 120p but has dropped back surprisingly. May add more as multibagger like you say.

[gooner1886] 11/4/2020 21:51

Menzies been around for donkeys , this came back strong to 5x in less than 2 years and even got to 7.50 a share. Botton was 70ish , this is a gift , one of the stocks that hasnt gone mental yet. 4/5x your money within 2 years surely?Other opinions welcome

[sanks] 09/4/2020 01:16

I'm looking to put my nob on the table here, looks pretty close to the floor

Hope this helps

[thefartingcommie] 07/4/2020 14:46

....if we're all going to hell in a handcart....then I'd rather be in the handcart;)

[buffettjnr] 07/4/2020 14:28

I do agree with you. I don’t know if many companies will survive if this continues much past August. But you make a good point. Sometimes I focus too much 1 name, instead of thinking about the broader context.

[thefartingcommie] 07/4/2020 14:09

re...If we open up by June...it 3x’s. If we open up by September. It’s 0-40p

you're making it sound very binary....not that I'm saying you're wrong....but if we stay shut until September..then it's almost goodbye and goodnight to most of Uk plc.

Personaslly I'd go for that not happening....taken a position at 98p..

[buffettjnr] 07/4/2020 11:48

It’s a switch on switch off business. Swissport bonds due 2025 trading at 12c/Euro. If Swissport goes bust, and Menzies survives, market share opportunity could be material. If we open up by June...it 3x’s. If we open up by September. It’s 0-40p

[1nf3rn0] 07/4/2020 11:22

Up over 20% today but I still think this is going under his radar as other focus on the likes of EZJ and IAG. Looking at the drop here relative to airlines and there seems a better reward versus risk. What's the upside 200% - 300% over a year or two?