Management Resource Solu... Share Discussion Threads

[yasx] 17/9/2018 09:23

Dave,

Small note: I have not hidden the fact that I have and will continue to trade it - but, I have always told it as it is as regards my view on the overall prospects of the Co.

If you believe this is going to 30p in the near term, I am puzzled why you are concerned about minor gyrations in the price - unless you really do not believe what you write. Thought so...

[yasx] 17/9/2018 09:21

JH,

Does one need to be a overly enthusiastic bull to contribute to discussions? No, thought not.

The clue is in the word 'discussion' thread - if you have an opinion, by all means express it - you have right right to do so, as do I.

[dave4545] 17/9/2018 09:18

JH

We are due a update which hopefully will smash the price into double figures. Perhaps Yas is into his usual scare mode ahead of trying to buy at a cheaper price. He's done it before a few times, all doom and gloom and then hey presto he claims to have bought in and suddenly everything is not that bad after all.

[dave4545] 17/9/2018 09:16

Sadly I've got no time for a poster that will turn into ramp mode when in and deramp mode when out.

I have zero respect for yasx because of his past.

[john henry] 17/9/2018 09:16

YasX why are you here ?????

You have repeated your opinion many times, please dont repeat again.

[yasx] 17/9/2018 09:11

john henry14 Sep '18 - 09:35 - 2025 of 2059
Dave that two further contracts that basically havent been priced in due to the markets hang up with Bachmann selling.
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Not so - it seems you do not understand the business. Revenue generation has never been a major problem - doing it profitably has been.

These two contracts, in the scheme of things, are a modest fraction of overall revenues. They do not alter the overall dynamic, and, as one contributor points out, significant expansion at MRS is hindered by the fact that this is a cash intensive business (requires retention of a significant labour force) and mining majors are reluctant to raise prices, thus keeping margins as they are. The debt remains high, and any recovery will be a slow grinding process. For me they key impediment is that the strategic leadership lacks the qualities to turn this around to any great extent - this is regrettable, since I opine that under better stewardship this could have done really well.

[yasx] 17/9/2018 09:07

troutisout14 Sep '18 - 08:53 - 2020 of 2057

My understanding is that Bachmann was offered a chance for other large investors to buy his stake and that he rejected that.
-------------------------------

Your understanding is therefore likely based on some spurious twitter group;ergo unmeritorious by definition.

The reality is Bachmann wishes to get as much as he can for his stake - the thesis that he seeks to cause havoc is absurd. If it were the case that these alleged buyers wished to be the counter party to his transactions at a higher price than he is obtaining in the market, then, in the alternative they themselves can buy in the market at a lower price and offset the effect of his selling - surely they are not being stupid to the point of pauperising themselves. What you espouse is merely a hoary canard.

From what I understand, Bachmann is very compliant insofar as disclosure is concerned - thus, if it is not disclosed that he has gone below 3%, then it means he has not. Unlike others, he demonstrates a strict adherence to the rules, which all too often are ignored on AIM with nil sanctions.

I recently bought in and sold the recent spike - I will again look for opportunities to trade should it arise.

[parob] 17/9/2018 08:59

Whoever is selling, they will run out at some point.

[dave4545] 17/9/2018 08:57

Give it a hour or two and it will be unchanged or up

This pattern is familiar, the mm's over slash the bid hoping for a few mugs to panic sell, they get none or maybe one sale at the low then the buyers return and the price
gets back to levels

[lanarkian] 17/9/2018 08:49

I am afraid that MRS is two steps forward and one big step back. For all the optimism shown here, it is not exactly progressing.

[dave4545] 17/9/2018 08:31

And then the trademark slashing of the bid by 0.5p, it never goes up by 0.5p you know in one go :-))

[dave4545] 17/9/2018 08:27

Nice of those punters to help out the mm's there, erm I'm short of stock "no problem just hold back this market is full of idiots who buy high and then sell them back to us"..."you are right they are selling now at the lows"..."yup another £2k profit in seconds it's a hard life being us mm's"

[dave4545] 17/9/2018 08:08

275k sold in first few minutes, mrs is the most unloved stock on aim.

[dave4545] 15/9/2018 10:07

A great example of pi's showing no patience is in yesterday's trades.

Somebody bought 34,000 early doors at 8.8p but for some reason the mm's decided to delay the trade until just before the close which does happen. But by the time they printed the trade they had already sold it for 8.265p

[parob] 15/9/2018 09:01

hTTps://tinyurl.com/yddyh7xoManagement Resource Solutions wins Australian government contractMRS said that the new contract was likely to open up further opportunities in the short termMRS supplies technical and strategic services in the oil and gas, construction and resources industriesManagement Resource Solutions PLC (LON: MRS) on Friday said its Bachmann Plant Hire (BPH) unit had won a contract for AUD$2.0mln contract providing civil and earthworks on an Australian Federal Government project in the Northern Territory.The company said that mobilisation of equipment and personnel to Katherine, Northern Territory, Australia had already begun. MRS said the contract win rewarded BPH's strategy of exploring and executing opportunities outside of traditional operating locations."This parcel of work represents an exciting time and will no doubt open up further opportunities in the short term. We understand that mobilising equipment and people into remote communities is challenging, and we will closely monitor our performance," Shaun Fraser, the general manager of its civil and earthworks operations said in a statement."We understand that mobilising equipment and people into remote communities is challenging, and we will closely monitor our performance. Yet working on projects of this nature is expected to deliver commercially," he added.

[darola] 14/9/2018 16:28

Will give a direct price to buy 350k. So this is just a tactical drop.

[hulk2004] 14/9/2018 16:27

Lots of punters trading this, need news to have volume to push past 9/10p etc rather than 1 to 2 million volume days, it will come but frustrating!

[tomboyb] 14/9/2018 16:22

Ridiculous isn't it -

Good rns and share price still down -

unbelievable -

[dave4545] 14/9/2018 16:18

Telling you there is no main/bid seller in MRS atm

Plenty of impatient herd style pi's though

[dave4545] 14/9/2018 16:17

I think you have to cast your eye on the biggest % gainers board and if you have a few like flyers like Derr for example all other popular stocks get sold off as people pull out there money to play elsewhere.

It should recover next week

[lanarkian] 14/9/2018 16:15

Utterly amazing. People forecast double figures but the price seems unable to keep above 8p for long.

[dave4545] 14/9/2018 16:13

John Henry


I like to see how when we own all the stock :-))

[parob] 14/9/2018 16:11

Wow another chance to buy around 8p...on good news!