Maelor Share Discussion Threads

[1ch] 22/8/2007 16:01

Smaller stocks normally only go up on performance and share trading, and pay little attention to the FTSE movements even though it is up around 90 points today. There is a nice 100k buy today though. The price could well be 13/14p after the news in about 3 weeks time, as MLR appears to be overall - ignoring the blips - heading north with higher turnover and September news could well reiterate this.

[piruxi] 20/8/2007 18:32

Still feel the share price should have moved higher today on the trades alone, without mentioning the FTSE bounce back.

[plastow] 20/8/2007 18:15

put a buy order in for 40k at 11.25 this morning mybe good timing @8.02
cheers .. ;-} never expected to pick a few up at this level..

[piruxi] 20/8/2007 09:05

nice recovery this morning, I got in for a few, (lost my nerve to wait for 10p),still marked down to heavily given the market recovery, now it has to be on and up to the results with any fall back seen as a buying opportunity, for me a win win situation.

[gogoneko] 19/8/2007 15:35

525BMW,

Thanks for the heads up! I only see (Filtered) next to their names anyway, so not much of a problem for me at least.

[jim_bently davis] 19/8/2007 13:25

told you it was a dog share, hit harder than most, told you to sell at 14,5 to buy back later.

[guru11] 18/8/2007 16:59

The question is next what shares will recover quicker,
there will be some news in 3 weeks time
will this improve the share price.
MLR is looking good long term so we will have to wait.

[525bmw] 18/8/2007 14:50

gogoneko

"Jim guy" is "piruxi"...so beware as he will at some stage wreck this BB.

[gogoneko] 18/8/2007 13:19

I obviously think it's been oversold, by people who:

1) Are not happy to be invested in the current climate, or;
2) Are trying to buy back at lower levels, or;
3) Are needing to cover positions elsewhere.

I haven't seen anyone (apart from the Jim guy) saying Maelor was overvalued where it had been sitting before all the kerfuffle started. As far as I can remember without looking, during the preceding week sells outnumbered buys by only 200,000 or 300,000, which resembles previous price slides where the price gets marked down out of proportion to balance of trades. So if the dust were to be blown off burrmj's wallet that would restore the balance! ;) The only difficultly this time is that people may not have money to invest, or there may be better opportunities to make money elsewhere.

Regarding general market conditions it would be safe to assume that we're not out of the woods yet either short or medium term because there may be more skeletons to fall out the closet, or to a lesser extent reduced earnings when this quarter is reported by the people who'd bought the debt. For me though yesterday's Fed action of rate reduction was a stronger indicator than simply making money available although I'd prefer no further action be taken to alleviate the malaise in the short term.

I think it's safe to expect there to be a trading update being announced a fortnight this Wednesday at the AGM. I'm confident, but perhaps others may wish to give the co. a call to ask if a trading update is planned as I can't see this particular detail as being considered price-sensitive information.

The difference to last year's update is that they could probably put numbers to how the organic business is performing but they may to hesitant to put such detail on the recently integrated Acorus business. In honesty I wouldn't mind so much about this, whilst nice I'd be happy simply knowing everything was proceding to plan. They may also take the opportunity to mention any new developments being undertaken. If they do reassure the market that everything is going well I would expect the share to break out above it's 15p ceiling - but of course that will depend on the big shareholders not selling into a rise, and that remains a disappointing possibility.

[1ch] 18/8/2007 10:47

Looks oversold at this price, as do many other stocks, next March all these recent market problems should be forgotton about and be history and MLR could be 20p.

And is there not news to come out in 3 weeks time which also may help the share price?

[piruxi] 17/8/2007 15:07

I am ready to buy but I feel its been hit too hard and should be blue not red. I think its best to wait now as it may see 10p before we are done.

If so I will buy a further 25,000 as of my faith.

But its definately been hit far too hard, any reasoning as to why?

[gogoneko] 17/8/2007 14:35

Just squeaked in under 11p :)

[gogoneko] 17/8/2007 14:32

With the usual "unless everything's gone pear-shaped proviso" I'd say #3.5m to #3.8m pre-tax is very profitable for a company on < #10m turnover, wouldn't you?

(refer to previous posts for how these values are arrived at)

I'm off to pick up a couple more. :)

[alibongo612] 17/8/2007 13:49

Very profitable ?

[gogoneko] 17/8/2007 11:56

I'm ready to pick up some more at this price, but holding off for the moment to how events unfold this afternoon and how many more weak holders feel the need to sell.

Previously support at 11.25p has been strong and preceded a good retracement although in this market it'll be a big challenge. Nevertheless I think anything below 12p is worth it for the long-term, I can't see any part of current events impacting MLR's progress or revenue stream: They've already negotiated a #2m loan facility with HSBC, got circa #1.5m in cash, and are now very profitable.

Things may of course not be going to plan, but until I hear otherwise I'll assume not and still view 14p as fair value.

[piruxi] 17/8/2007 11:06

looks like a free fall time to keep the nerve as well as the faith. This will sort the men from the boys.

[piruxi] 16/8/2007 16:48

What a blood bath today red everywhere and even more panic here in the USA to come it looks like.

I managed another small 10,000 purchase today as I believe these now are crying cheap quality stocks and you will not beat quality especially ar time like these.

Also good to see late in the day buying of MLR so we could be at the confindence level.

Two of my other medical stocks held well today, those being BPK and IIN, both also solid stocks with great fundamentals, just like MLR, and its only a question of time beofre we see a great reaction.

Keep the faith, make the money.

[gogoneko] 16/8/2007 14:12

Well I've just popped into the market for a couple more!

[piruxi] 16/8/2007 12:32

There are many 1000s taking huge losses right now: fortunately before going on our hollies I sold out of CARL and Eagle Eye taking a good profit.

I beleive that right now investors should be looking at the fundamentals of good small caps , if only to recover their losses on the bouce, if and when it comes.

Right now even on the silliest of projections ,MLR, on its fundamentals, is looking very good indeed. and a safe heaven within a +/- of 1,5p of the current SP

[piruxi] 16/8/2007 12:21

oh you will and soon, but would it not be nice to have bught at these price or below first?

[1ch] 16/8/2007 12:20

It is all to do with timing as we all know, that is something I could improve upon, as some stocks now look very good value, but I am not investing any more, unless I can future wise take profits to invest in better stocks. I feel I am in the right stocks even though some now are showing a paper loss.

Look at the shares next late March and they should have recovered well enough to unload for another weak summer to buy back again at yet a cheaper price as like today. Sell in May and go away and come back on St Ledger's day has definately been true more years than not. The summer is seasonly weak for the stockmarket as I have learnt to my cost.

The market is bad but in some areas very good value, but as usual sentiment will change given time.

News out on MLR in 3 weeks time ???
Could this affect the share price ???
Here is hoping !!!

[fo77y] 16/8/2007 12:18

i'd be happy to see 20p.....lol

[piruxi] 16/8/2007 12:17

One thing that I firmly believe is amply clear, and that is that the markets inevitably always have a tendancy to over-react.

It remains, however, a question of identifying the point of over-reaction, I happen to believe that when that point arrives, there will be many a good bargain for everyone to pick up.

The shrewd will be seeing this right now, but as ever its has to be each to his own.

[piruxi] 16/8/2007 11:32

Yes I could have waited but how long is a piece of string?

At least we will have the opportunity to find the true value of MLR, albeit in a drastic manner.

I would be happy to see 10p as this would be a fantastic buying opportunity.

The market goes up, the market goes down, I really wish I could have the perfect timing.

When things settle if they do, one thing will be clear to all, MLR showed a brilliant initial resiliance and sould/will rebound strongly.

[gogoneko] 16/8/2007 10:38

If suddenly buyers start returning I expect it could go up quite quickly. Interesting times ahead! :)