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MMC Management Consulting Group Plc

0.23
0.00 (0.00%)
04 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Management Consulting Group Plc MMC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.23 00:00:00
Open Price Low Price High Price Close Price Previous Close
0.23 0.23
more quote information »

Management Consulting MMC Dividends History

No dividends issued between 04 Dec 2014 and 04 Dec 2024

Top Dividend Posts

Top Posts
Posted at 11/3/2017 19:48 by opodio
rathair3 Feb '17 - 13:26 - 894 of 898 0 0
Yes but screwing up like that is simply not acceptable for a National investment magazine that specialises in giving "hot tips" backed up with top quality research.
They cant have it both ways.
In his recommendation of MMC ST makes it clear he has gone to great lengths to satisfy himself and the readers that he has turned every stone and that this is a fantastic bargain poss the greatest ever.
This is what he basically states.
If it turns out he missed a pension deficit ? something that would be in the top 5 things to look at when doing due diligence then where does that leave all his readers and followers ?
Such a publication would be taken to the cleaners surely ?

Or as I say is ST correct and there is no pension deficit etc ?
Do you have any info for this pension deficit ?





good post
Posted at 03/2/2017 13:26 by rathair
Yes but screwing up like that is simply not acceptable for a National investment magazine that specialises in giving "hot tips" backed up with top quality research.
They cant have it both ways.
In his recommendation of MMC ST makes it clear he has gone to great lengths to satisfy himself and the readers that he has turned every stone and that this is a fantastic bargain poss the greatest ever.
This is what he basically states.
If it turns out he missed a pension deficit ? something that would be in the top 5 things to look at when doing due diligence then where does that leave all his readers and followers ?
Such a publication would be taken to the cleaners surely ?

Or as I say is ST correct and there is no pension deficit etc ?
Do you have any info for this pension deficit ?
Posted at 03/2/2017 13:19 by rathair
And if ST did make a ricketts of it will the IC be compensating all its readers to whom it boasted and boasted to regarding this up and coming and now with us 2017 Bargain Portfolio.
Will it apologise and compensate if it has made gross and glaring errors in its article ?
I mean you cant be an Investment specialist magazine claiming to be jam packed full of top info and advice for your readers if you lead them up blind alleys and cost them a fortune due to your magazines negligence and incompetence.
Surely such a magazine would find itself in court ?

Or as is perhaps the case ST missed nothing and stands by every single word in his buy recc for MMC
Posted at 08/12/2016 10:36 by wjccghcc
14.67p ex-dividend.
Posted at 11/11/2016 15:28 by eezymunny
Hmmm....

"MCG is expected to receive net cash proceeds of approximately $157 million (equivalent to approximately £121 million) after the deduction of estimated transaction costs of approximately $8 million (equivalent to £6 million). There will also be non-recurring expenses and cash outflows associated with the Disposal, principally relating to share awards and employee remuneration and tax expenses arising on the Disposal. After deduction of non-recurring costs and tax expenses the net cash proceeds are expected to be approximately £116 million."

Then "Following Completion, the Group will retain certain assets, obligations and liabilities of the existing Kurt Salmon business, relating principally to back office functions in the United States. Some of these are required to support the transitional services agreements in place with Wavestone (formerly Solucom) and ECG Management Consultants, the acquirers of the French and related operations and the healthcare operations of Kurt Salmon respectively, and the transitional services agreement with Accenture. Following the Disposal, and as these transitional services arrangements with acquirers fall away over time, the Group will need to make changes to the existing back office functions to reduce costs, in the United States in particular. The Group is also likely to make other changes to its cost base to reflect the reduced scale of the continuing operations of the Group following the Disposal. The Group intends to retain sufficient cash resources to support the ongoing costs of these obligations and liabilities and any related restructuring requirements following the Disposal. "

So your numbers are probably too optimistic IMO but your point that a £50m t/o consulting group might be worth £50m to someone when returned to profitability (and theerfore MMC might be cheap here) is valid IMO. Not cheap enough for me yet but I'm getting more stingy every year!
Posted at 25/5/2016 09:07 by diku
CSG got the bid...anybody for MMC?....
Posted at 02/6/2015 22:25 by diku
If it was any other share on possible takeover talks it would go up...not MMC it would actually go down....
Posted at 02/8/2012 06:05 by nicd
Management Consulting Group PLC Interim Results

Some progress in difficult trading conditions

Management Consulting Group PLC ("MCG" or "the Group"), the global professional services group, today announces its results for the half year ended 30 June 2012.

Key points

-- Revenue 6% lower at GBP146.8m (H1 2011: GBP155.6m)
-- Underlying* operating profit 23% lower at GBP11.8m (H1 2011: GBP15.3m)
-- Underlying* operating profit margin lower at 8.0% (H1 2011: 9.9%)
-- Profit for the half year of GBP4.7m (H1 2011: GBP9.1m)
-- Net debt reduced by 31% to GBP35.7m (June 2011: GBP51.7m)
-- Underlying basic earnings per share decreased to 1.3p (H1 2011: 2.4p)
-- Interim dividend increased to 0.23p per share (2011: 0.2p)
*Throughout this statement the term 'underlying' is defined as 'before non-recurring items and amortisation of acquired intangible assets'.

Nick Stagg, Chief Executive commented:

"MCG has made progress in parts of the business in the first half of 2012 against a backdrop of challenging trading conditions and market uncertainty, and enters the second half of 2012 with a healthy order book and project pipeline. We have seen a good performance overall in North America, and in emerging markets, with work delivered outside North America and Western Europe representing 15% of first half revenues. This has been offset by the negative impact of Eurozone weakness which has affected overall activity levels and margins.

"Economic uncertainty looks set to continue in the second half of 2012, but MCG is a global business with a balanced geographic and sector focus. We remain committed to improving operational efficiency and profitability, whilst investing for growth, and we are well placed to take advantage of opportunities in markets and sectors which continue to grow."
Posted at 14/1/2011 10:51 by reeltime
Merger Creates One Global Management Consulting Firm Committed to Measurable Results: Kurt Salmon

Press Release Source: Kurt Salmon On Thursday January 13, 2011, 5:30 pm EST

PARIS & NEW YORK--(BUSINESS WIRE)-- Kurt Salmon has solidified its position as a leading global management and strategy consultancy through the recently completed merger of Ineum Consulting and Kurt Salmon Associates. Kurt Salmon has over 1,600 consultants with offices throughout the world. In May 2010, both companies decided to merge and, since then, have collaborated on numerous client projects and achieved significant synergies through the combination. As the trusted advisor to industry leaders around the world, Kurt Salmon delivers measureable results through unparalleled specialization and executional excellence.

By joining workforces, corporate heritages, and capabilities, the new Kurt Salmon firm is a unique global player with a proven track record in business strategy development, process enhancement, business transformation, and information systems. Kurt Salmon is an independent, agnostic consultancy of experienced advisors who are recognized as experts in their fields. This expertise, combined with deep highly specialized knowledge of its clients' businesses, particularly within the Retail/Consumer and Financial Services sectors, are what enables Kurt Salmon to deliver unsurpassed client results.

"The creation of Kurt Salmon is the achievement of an ambitious project guided by the search for excellence in our consulting role and consideration for our clients and employees. Today, we are in a position to promote our values across five continents and numerous industries. This new firm, an expert in transformation, is decisively entrepreneurial and is the right size to position itself beyond the role of a simple consultant to be considered more as a trusting advisor, passionate about our clients' businesses," affirms Chiheb Mahjoub, president and CEO of Kurt Salmon.

In characterizing the new firm Mark Wietecha, Chairman, states: "In merging, we have recognized our need for larger global scale and investment capability to better serve our clients. At the same time, our unique proposition continues to be one of industry specialization. Our large and vertically organized industry practices in the consumer and retail sector and in the financial services sector are clear global leaders in bringing our clients dedicated specialty services. The concept of industry specialization continues to be one of our most unique competitive advantages, and one we aim to extend into those sectors requiring globally organized consulting."

"The new Kurt Salmon combines Ineum's geographic footprint and functional expertise with Kurt Salmon Associates' domain expertise. We now have a more powerful message to communicate to the US and global marketplace and an increased ability to deliver great services to great clients," said John Karonis, Managing Director of Kurt Salmon, United States.

Kurt Salmon operates in offices throughout the world including Algeria, Australia, Belgium, France, Germany, Hong Kong, Italy, Japan, Luxembourg, Morocco, Shanghai, Switzerland, Tunisia, United Kingdom and the United States. Kurt Salmon's clients have access to specialized teams across all major markets, either by industry (retail and consumer products, financial services, communication and media, healthcare, energy and utilities), or by functional competency (operations management, CIO advisory, strategy/transactions, financial management, etc.).

About Kurt Salmon

Kurt Salmon Associates and Ineum Consulting have joined forces to create an integrated and global organization, operating across five continents under one single brand: Kurt Salmon. Our clients draw from the deep industry and functional experience of our 1,600 consultants in strategy, organization and management.

Today's increasingly complex environment demands more than just a consultant-as a trusted advisor, Kurt Salmon works with you to design and then drive strategies and solutions that make a lasting and meaningful impact. Kurt Salmon is committed to delivering measurable results for its clients through executional excellence.

Kurt Salmon is a company of Management Consulting Group (MMC - London Stock Exchange).
Posted at 21/4/2010 12:19 by malc5
Latest from the brokers:

21-Apr-10 Management Consulting Group MMC

FinnCap Buy 23.00p

MMC
Panmure Gordon Buy 23.00p 34.00p - Reiteration

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