Management Consulting Share Discussion Threads

[rhcm] 28/11/2006 14:41

I feel the fall is overdone and these shares are cheap, but then I would after having bought at 44.9

[rivaldo] 28/11/2006 11:40

Thinking of ISA-ing some of these. I assume the dollar's decline will have a slight effect on earnings, but these still look cheap on fundamentals. Everyone except Panmure's seems keen, and I made good money on Proudfoot in the past. Any comments on the fall?

Here's the latest forecasts:

2006 2007
Broker Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Bridgewell Limited 27-11-06 OWGT 14.20 4.51 0.80 15.60 5.04 0.88
Panmure Gordon 27-11-06 SELL 13.65 4.41 0.85 22.78 5.53 0.96
Evolution Securities 09-11-06 BUY 15.70 4.70 0.90 24.40 5.80 1.00
ABN AMRO 26-10-06 BUY 15.89 5.11 0.84 24.63 6.26 0.88
Collins Stewart 07-08-06 BUY 4.80 5.90

[rhcm] 27/11/2006 13:54

and bounced off of the suport level again with some good buying this morning

[scotswhaehae] 20/11/2006 08:23

Still bottom fishers...

Momentum soon...

Nice start to a deserved rebound imho!

[maksud] 17/11/2006 17:33

scotswhaehae agree as long as no profit warning .have a quick look at graph over 3 years always seem to drop around this time of the year before sudden rise to 60-70p.

[scotswhaehae] 17/11/2006 13:30

Further interesting progress...

Bottom fishers first...

Then the momentum guys to come imho!

[scotswhaehae] 15/11/2006 11:07

Fantastic mis-priced situation imho...

Should be 60p plus...

Good luck all!

[rhcm] 12/11/2006 16:28

I am a fairly cautious investor and tend to agree with the points raised above, however, investing in shares always holds some risk. This may be a good opportunity to pick up these shares whilst they are cheap and buy when others are bearish. I certainly have!
Good luck to those who are like minded.

[rhcm] 08/11/2006 14:22

Early days but the support line appears to be holding with a small up tick.

[spooky] 08/11/2006 10:27

Is the FD resignation a worry ?

[deadly] 07/11/2006 13:49

It is ridiculously oversold now, but not sure that the buy wasn't in fact a sell from earlier and caused the slump today.
After the trading update, the P/E, growth and cash position this stoch is extremely cheap. I've topped up today

[rhcm] 07/11/2006 12:55

Looking at the chart 44-45 should provide a good support level as has occured at this time of year previously. There appears to be some large buys today.

[scotswhaehae] 18/10/2006 11:58

Nicely positioned for a substantial rerating bounce imho...

Good luck all!

[scotswhaehae] 22/8/2006 15:52

Parry acquiring 250000 shares via options and HOLDING ON TO THEM...

Excellent news...

[scotswhaehae] 18/8/2006 09:05

Bounce initially to 65p plus imminent imho...

Fundamentals are even better after the acquisition as is potential for substantial share price progress...

Good luck all!

[reeltime] 15/8/2006 09:09

London(Share-cast)

Analysts forecast that Ineum will boost the Management Consulting Group (LSE: MMC.L - news) 's profit by 9 per cent in 2007, leaving the shares trading at just 10 times earnings for that year and making them worth a punt, writes the Independent.

[welsheagle] 08/8/2006 19:58

LONDON (AFX) - Management Consulting Group PLC raised its pretax profit in
the six months to June 30 2006 by 54 pct to 7.3 mln stg from 4.7 mln the prior
year.
Revenue for the half-year was up 18 pct on last year to 67.3 mln stg.
The board said its order book is currently in line with last year.
Chief executive Kevin Parry said the group has made significant progress on
the first half of last year.
He said Parson Consulting has shown good revenue growth outside of North
America. Steps have been taken to address the shortcomings in its American
business and progress should be visible in the fourth quarter, he added.
And Parry said Proudfoot Consulting has performed very well and is now
achieving its goal of a sustainable 15 pct operating margin. Proudfoot
Consulting has made good progress in all geographic areas.
The group's cash balance was 23.5 mln stg compared with 10.9 mln at June 30
2005. The increase in cash reflects the conversion to cash of the profits of the
group in the last 12 months decreased by the funding of the closed US defined
benefit pension plan and the dividend.
Going forward, the group said its strategy remains unchanged.
"We will continue to explore ways to develop the service offerings of all
parts of the business."
Proudfoot Consulting and Parson Consulting businesses have excellent medium
term prospects, the board added.
And it said it continues to be interested in making acquisitions of
businesses that broaden the group's consulting offerings and in widening the
coverage of Parson Consulting and Ineum in geographies outside their existing
operations.

[deadly] 07/8/2006 19:10

What? No longer any interest here? Sparkling results today.
Admittedly market reaction is another damp squib, like it is for any good results these days.
Time will tell.