Management Consulting Share Discussion Threads

[diku] 26/3/2014 14:21

This is due for a bounce back up..

[trademap] 06/7/2013 13:49

I didn't think the recent update read too bad. Not sure the market agrees with me though!

[deadly] 06/3/2013 09:43

Reasonable results today, and the market likes them. Trading on a low P/E and could continue to recover.

[naked trader] 31/10/2012 22:23

Well nice to see that the company is going to follow brokers advice and buy their own shares! Not a lot of interest here but could be worth tucking a few away at this price. Fundimentals look reasonable too. IMHO.

[northernlass] 17/9/2012 23:23

The Brokers Say "BUY"


THE BROKERS SAY "BUY" MANAGEMENT CONSULTING GROUP

02 August 2012

Oriel Securities reiterates it BUY recommendation for Management Consulting Group.

Canaccord Genuity reiterates its BUY rating for Management Consulting Group with a target price of 32p.


14 August 2012

Finncap upgrades Management Consulting Group from HOLD to BUY, setting a target price of 40p.



P.S.
Here's some links about SCLP, one of the hottest stocks at the moment:

[trademap] 02/8/2012 11:31

Not pretty!

[nicd] 02/8/2012 07:05

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."

[davdreamer] 13/7/2012 11:36

The shares might have a little bit of help to move up by director buying for himself and wife

[trademap] 11/7/2012 20:18

I was in some time ago NT (a bit early on reflection!).

Looks very cheap that these levels though, and the last statement was pretty reasonable too!

[naked trader] 26/6/2012 22:49

Still looking cheap but not attracting much attention here!

[naked trader] 20/6/2012 13:22

Looks oversold to me now, any other thoughts out there? Could this be the start of a rebound?

[victor2] 26/7/2011 08:45

figs due monday 1st august should be good

[victor2] 30/6/2011 07:55

very positive pre close trading update not showing on advfn at moment be suprised if not better

[ptgint] 22/6/2011 16:28

dd - when ?

[davdreamer] 22/6/2011 15:19

Perhaps the reason the shares are moving is that there was a mention in the shares mag

[ukinvestor220] 22/6/2011 11:37

not a mystery - its cheap !!

[deadly] 22/6/2011 10:03

750k trade, perhaps delayed from yesterday. Looks like someone is buying judging from steady price rise, but why and who is a mystery.

[amateur trader] 21/6/2011 17:26

3m sales today and the price goes up - how does that work then?

[davdreamer] 17/6/2011 15:57

Let the trend be your friend

[deadly] 30/3/2011 13:56

Totally overlooked and continues performing well.

[ukinvestor220] 07/3/2011 15:41

Directors awarded bonus in shares:

the following directors acquired further ordinary shares of 1 pence each ('Ordinary Shares') in the Company, in each case at a price of 33.00 pence per Ordinary Share.

(i) Alan Barber, the Chairman of the Company, acquired 136,363 Ordinary Shares in the Company. Following the acquisition of these shares, Mr Barber is beneficially interested in 1,812,192 Ordinary Shares representing 0.41 per cent. of the issued share capital of the Company.

(ii) Nick Stagg, the Chief Executive of the Company, acquired 45,454 Ordinary Shares. Following the acquisition of these shares, Mr Stagg is beneficially interested in 495,454 Ordinary Shares representing 0.11 per cent. of the issued share capital of the Company.

(iii) Luiz Carvalho, an Executive Director of the Company, acquired 167,625 Ordinary Shares of the Company. Following the acquisition of these shares, Mr Carvalho is beneficially interested in 1,200,294 Ordinary Shares representing 0.27 per cent. of the issued share capital of the Company.

Each of the directors above acquired the Ordinary Shares set out against their name as a result of the Company's 2010 bonus entitlements. Nick Stagg and Luiz Carvalho (the executive directors) have undertaken not to sell these shares before the end of 2013 (or ceasing to be an executive director, if sooner).

[deadly] 04/3/2011 23:24

Lovely chart and nice quiet thread. This company is steadly regaining its worth and potential.

[royaloak] 10/2/2011 12:56

Forgot I had the 22p warrants here, just had a reminder from idealing.com