Management Consulting Share Discussion Threads

[nur0mancer] 13/11/2003 10:06

Took the plunge for a small punt this morning, Level 2 looking healthy

[spooky] 12/11/2003 09:17

Any thoughts on why the directors have not been buying ?

[jules123] 12/11/2003 09:11

It dont get much more oversold than this?
Trading statement not exactly singin and dancin but not that pessimistic?

[scorpio13] 06/11/2003 20:45

worth a gamble.in for £500@ 19p

[quraishim] 06/11/2003 14:27

Thanks Recruiter...for your input...cannot take more losses...nearly drowned with bad news from MT.

[recruiter] 06/11/2003 14:23

I'm watching, but can't see why I should buy. Ever decreasing revs, loss making, losing clients....not exactly encouraging is it....If it gets to 10p, I'll have some, mkt cap of about £18m then, which is still decent. Right now mkt cap way over priced imo.

[quraishim] 06/11/2003 14:18

Can somebody tell me with not such a bad statement why this share has headed south, is it time to get in...as I am not a holder of MMC.

[quraishim] 06/11/2003 14:05

Puja...the mistress with a whip is more attractive than this share...especially a desi one...well very tempted to get your email so to discuss some investment strategy

[wonder boy] 06/11/2003 12:56

For those that haven't seen the RNS yet:

Management Consulting Group PLC
06 November 2003


6 November 2003

TRADING UPDATE

Management Consulting Group PLC issues the following trading update.

On 11 August 2003, when announcing the results for the six months ended 30 June
2003, it was noted that the Group's order book had grown by 40% during the year
despite cautious decision making by clients which delayed the rate of order
input. On the basis of this, together with strong enquiry levels, the Board
indicated that the performance of the Group was expected to improve in the
second half.

It remains the case that the Board expects the performance of the Group in the
second half of the year to show an improvement over the first half. However, a
significant client engagement will terminate unexpectedly with effect from 7
November 2003 and it is unlikely that the revenue that was expected to flow from
this engagement in the current year will be replaced or that the staff resources
can be fully adjusted in line with the reduced revenue. Taking account of the
effect of this and the continued weakening of the US dollar, the result for the
full year ended 31 December 2003 is expected to be below current market
expectations.

The prospects stream has remained strong and the order book has continued to
grow in the second half. In Sterling terms, the order book on 31 October 2003
was some 50% higher than it was at 1 January 2003 and some 30% higher than it
was on 1 November 2002. Accordingly, the Board continues to expect the Group to
make progress in 2004.

[diku] 06/11/2003 12:23

Looks like Fidelity bailing out again...

[diku] 06/11/2003 12:21

Day traders piling in for a bounce...

[elsworth] 06/11/2003 12:09

---------i will show some support for this stock at 7p....

Mark

[jotoha] 06/11/2003 12:03

Puja , I'm with you....there is no way this one will bounce , bottom ,sub 10p at least!!

[recruiter] 06/11/2003 11:54

because advfn is playing up, I cannot see the news out today. Could someone cut & paste please. TIA

[pujababy] 06/11/2003 11:07

quraishim ---- yes and also a Mistress with a Whip !!!

By the way - the fool is the one who averages down - live in hope...
The trip for the price here heads south bound.

These are my views and maybe shared by thousands others and handful not.

;-)

[nilip] 06/11/2003 10:09

WonderBoy, I'm with you on this. This is a fantastic price to buy into MMC !

I have been watching MMC for about 2 month now, looking for the right opportunity to buy - Blimey ! I couldn't believe my eyes today !!!

There's no doubt that the fall in price has been overdone.

MMC is now trading at a PE of approximately 4 ! - that's amazingly cheap !

A week dollar and the loss of an important contract have constituted to todays fall, but WOW is this a great chance to buy in or what.

For all those who are holding and bought at a much higher price, sh*t happens, pick your self up and average down ! this is your chance to top up - If you thought MMC was worth buying at a much higher price (which you must have) then it's a absolute bargain now.

Business is picking up, turnover is much better and profits are reported as improving.

The market in general is picking up !

I'm definately in !

[quraishim] 06/11/2003 10:00

pujababy.....fancy a night out.....The answer to your question is Vibrator

[diku] 06/11/2003 09:54

This is a people business which in today's climate can be very risky...
Outlook for small companies still clouded & the markets keep on rising especially the Dow & Nas.Not sure if this general rally is built on strong
foundations or is it just an illusion...

[pujababy] 06/11/2003 09:47

Going down - Predict 11p very soon ...
Always portraying a rosier picture than really was.
What else is there in the MMC closet ?????

[wonder boy] 06/11/2003 09:23

if i held these i would be straight onto the FSA! price has been falling for weeks, like diku said, someone obviously knew about this. why didn't the company make an announcement earlier, even if they just said "we are in negotiaitions with an existing client that may or may not lead to the termination of our agreement".

for the rest of us, this COULD represent a great buying opportunity once the dust has settled.

by the way, does anyone know the identity of the client thats leaving? i didn't think MMC were overly reliant on any single customer

[diku] 06/11/2003 08:12

Now we know why the price was drifting lower all this time.Somebody somewhere
always has access to this info...

[jules123] 05/11/2003 21:54

Well fancy that....we have a hammer in the candlesticks. First sign of anything for ages so we will see?

[wonder boy] 04/11/2003 16:55

why is it falling in the first place??? it was 40p a few weeks back, there's been no news and very little trading yet here we are round about 25p. been wating to jump aboard since 35p...i'll continue to wait for now

[nur0mancer] 04/11/2003 14:11

will this ever stop falling, place your bets for the DCB or genuine reversal...