Management Consulting Share Discussion Threads

[qs9] 14/8/2008 22:00

great rise today on the back of recent RNS, like to think that institutions like the story....tightly held though, but if you are in that should help the move back towarsd 50p IMO in short order!

[scotswhaehae] 14/8/2008 15:17

Starting the long overdue move to above 40p in my view.

[scotswhaehae] 13/8/2008 12:51

Building very nicely...set to gap up soonish in my view

[diku] 11/8/2008 22:33

pat yourself on the back!...

[scotswhaehae] 11/8/2008 08:01

Excellent comments in the RNS...post 703 looks spot on...dyor!

[scotswhaehae] 06/8/2008 09:04

Could be 30p plus very shortly...

Buyers appearing!

[davidosh] 25/7/2008 11:14

I would agree there ...A p/e below 4 is daft especially as they appear to be in line with forecasts.

[scotswhaehae] 19/7/2008 09:52

Very close to bottoming in my view...

Doubler within 9 months?

[welsheagle] 01/7/2008 20:47

RNS Number : 9927X Management Consulting Group PLC 01 July 2008

Management Consulting Group PLC ("the Company")

Directors' Shareholdings

The Company today announces that, on 30 June 2008, the following directors acquired further ordinary shares of 25 pence each ("Ordinary Shares") in the Company.

(i) Alan Barber, the Executive Chairman of the Company, acquired 150,000 Ordinary Shares at a price of 29 pence per Ordinary Share. Following the acquisition of these shares, Mr Barber is beneficially interested in 650,000 Ordinary Shares representing 0.20 per cent. of the issued share capital of the Company.

(ii) Baroness Cohen of Pimlico, a non-executive director of the Company, acquired 102,500 Ordinary Shares at a price of 30 pence per Ordinary Share. Following the acquisition of these shares, Baroness Cohen is beneficially interested in 164,300 Ordinary Shares representing 0.05 per cent. of the issued share capital of the Company.

1 July 2008

[8trader] 02/6/2008 22:28

Just checked, advfn are miles out, how can they be so poor in
maintaining the correct market caps on all stocks ?

330 mil shares so around 110 mil market cap not 63 mil as shown.

[8trader] 02/6/2008 22:26

Market cap on advfn wrong ?

[welsheagle] 02/6/2008 22:04

Panmure Gordon have again reiterated their 'buy' recommendation for MMC, with a target price of 45p.

[welsheagle] 31/5/2008 19:02

From May's 'Company Refs', when price was 37p:-
a/ Prospective PE ratio of 5.38 (based on five broker forecasts, four recommending 'buy', and one recommending 'hold').
b/ Forecast growth in eps of 15.4%.
c/ Net asset value per share of 48.3p.
d/ Dividend yield of 3.53%.
e/ Turnover up from £88.6m to £216m in last five years.
f/ Price to sales ratio of 0.48.
g/ One director buying recently.
h/ Cash flow positive - 10.1p per share.

[davidosh] 26/4/2008 02:41

Did anyone go to the AGM ? Sadly it clashed with another AGM for me but would be interested to hear how it went ...

[welsheagle] 25/4/2008 07:29

Altium and Evolution both reiterated their 'buy' recommendations yesterday, with target prices of 50p and 65p.

[edmondj] 24/3/2008 07:52

It's a long time since this group was known as Proudfoot, and doubtless much has changed in its operations, but it was the first (and very lucky) lesson I had in selling down shares in a management consultancy type operation as economic storm clouds gathered; for the business ended up severely affected.

Interesting to follow though, with Parry etc now removed.

[davidosh] 24/3/2008 00:29

This should be of interest to MMC holders...

[clive1] 19/3/2008 15:56

The results were indeed excellent, however, the company is uncertain about its future prospects- see below, this probably explains the share price drop along with general market volatility. However, the very low P/E of 5.5 means I will hold for the moment.

"The company said it expects to show good growth in first-half revenue but that it will continue to review whether or not the challenging economic conditions prevalent in the US will adversely affect business during the second half.

Group Finance Director, Craig Smith, told Thomson Financial News in an interview that the group has about three to four months of visibility in its order book and hence cannot see into the second half of the year.

He added that since 40 pct of its business is dependent on the US, MCG has to take into consideration the bleak outlook everyone is painting, although the company hasn't seen a slowdown yet."

[reeltime] 18/3/2008 13:11

deadly -

This may cheer you up a little.

Landsbanki says reduce Debenhams (LSE: DEB.L - news) and hold TT Electronics (LSE: TTG.L - news) . The broker says buy TUI (Xetra: TUAG00 - news) , James Fisher, Ted Baker, Management Consulting Group (LSE: MMC.L - news) , Vantis (LSE: VTS.L - news) and OPD

[deadly] 18/3/2008 10:16

Excellent results but predictably the shares are down - what a depressing market.

[welsheagle] 20/2/2008 20:34

Panmure Gordon and Evolution both reiterated their 'buy' recommendations today, with target prices of 45p and 40p.

[qs9] 20/2/2008 09:06

Market likes it. P/e of 5 for Dec 08 on current forecasts from what I can see, decent yield, profits forecast of £20m+.......better relationship with city and no reason these should not be rated on 10 times at least which suggests IMO a much much higher price....am holding now for 6 months to see how far the institutions who have nudged board out take this....

[scotswhaehae] 20/2/2008 08:34

QS9...like all the best humour there is a strong element of truth in your opening words...this company has been a puzzle to me for a while now...such potential yet not achieving any stockmarket recognition...maybe now we shall (gradually?) see a useful double whammy of improving bottom line and a useful rerating too...

If so, 55p plus should be well in sight even in current stockmarket conditions.

Good luck all!

[qs9] 20/2/2008 08:15

Employ someone on half the salary and they will already have materially altered the profit profile......one a serious note, this can only IMO be positive for the share price given the extremely low rating involved here.