Management Resource Solu... Share Discussion Threads

[inthemix] 16/11/2018 17:07

I keep promoting this stock to friends haha they hate me!!! I'm with SmoggyG, this will come good, keep the faith an please stop the childish bickering. This is the stock market made for intelligent adults.

[thehitman1] 16/11/2018 14:27

One more post smoggy and we should be in the red.

[thehitman1] 16/11/2018 14:26

Another post from old smoggy and the price drops again.

[smoggyg] 16/11/2018 14:03

13:57:10 5.8700 38,517 O 5.8000 6.0000 Sell 337,277 649,762
13:39:07 5.7132 49,460 O 5.8000 6.0000 Sell 337,277 611,245////// It looks like the MMs only want 5.87p for their shares,the real sell is at 5.7132p.

[smoggyg] 16/11/2018 13:54

truffle116 Nov '18 - 11:48 - 2418 of 2422
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I am sure someone said, double figures here in October and it's November now,so what went wrong?.
truffle116 Nov '18 - 11:51 - 2419 of 2422
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I think it was SmoggyG.////// Show me the post truffle. I never say the share price WILL be anything by a set date,unless it is 'probably double figures by results'. People tend to read 'probably' and 'maybe' or it 'should/could' be as promises,they are not. I think the share price will be a lot higher by the end of next month but with Bachmann and Morffew selling who knows?

[troutisout] 16/11/2018 12:17

The nightmare here has been the seller/s have been drip feeding their sells in over a long period of time. Morffew says he just sells a bit when he needs the cash, Bachmann seems to sell sporadically and not necessarily at the best prices.

Not sure what to make of it, it certainly affects the share price and any attempted moves up, but there is also a large element of traders that jump on and off this and they too can skew the SP's path.

[jagzoil] 16/11/2018 12:00

If there wasn't a big seller, IE GB then yes this would be double digits. Please do some research

[dave4545] 16/11/2018 11:59

Ah thanks Trout

We all thought double figures and most still do but this market is brutal and seen a lot of popular stocks lose a lot pi's..

[truffle1] 16/11/2018 11:51

I think it was SmoggyG.

[truffle1] 16/11/2018 11:48

I am sure someone said, double figures here in October and it's November now,so what went wrong?.

[troutisout] 16/11/2018 11:47

Dave,

As it was an RNSNON, they probably didn't feel the need to embargo it until 7am and just let it be entered into the system and join the queue....

Nice little contract though, not necessarily in terms of value (although every bit helps) but 6 machines in one contract, shows what they are capable of....

[dave4545] 16/11/2018 11:43

I never even noticed the Rns.

Why on earth would a company issue a good Rns at 8.20am perhaps the worst time ?

You watch the first 10-15 mins, see it's quiet, go and get breakfast cup of tea etc etc and miss it. My own fault for having phone on silent as vox app reported it np

It's a nice deal but not a massive deal. I think the key to any rise now is clearing out Bachmann and Morefew

[smoggyg] 16/11/2018 10:13

Here is the RNS for ease of reading.//////Management Resource Solutions PLC

16 November 2018

Management Resource Solutions plc

EPIC: MRS

16(th) November 2018

Management Resource Solutions plc

("MRS" or "the Company")

MRS Services Group secures the refurbishment of 6 excavators

MRS Services Group has secured a contract for the structural refurbishment of six front line excavators in upcoming shut down projects.

The first project commences in late November 2018 with the remaining five shut down projects starting in January 2019.

The work will be carried out on and off site at our one stop service facility.

The estimated value of the contract is AUD$1.5 - 1.6 million.

The scope of the work is to conduct structural refurbishment and programed component replacement to these six excavator units to achieve optimum service availability to meet production performance targets.

Installation of our patented "Hydraulic Isolator" will also be carried out on two of the machines.

Paul Brenton CEO said, "its very pleasing to lock in a longer-term contract, usually these types of projects come to us one at time. The six month contract is a reward for the hard work the team has delivered and, demonstrates the true value of MRS, a diversified fabrication and maintenance service offering - the Hunter Valley's one stop shop for mining fabrication and maintenance."

For further information:

Management Resource Solutions plc

John Zorbas, Chairman [phone]

Paul Brenton, CEO [phone]

Tim Jones, Finance Director [phone]

Northland Capital Partners Limited [phone]

(Nominated Adviser and Joint Broker)

Tom Price

Jamie Spotswood

Peterhouse Corporate Finance Limited [phone]

(Joint Broker)

Charles Goodfellow

Lucy Williams

About MRS

Management Resource Solutions plc (MRS), through its subsidiaries Bachmann Plant Hire and MRS Services Group, offers plant hire, equipment repair, refurbishment and fabrication, mine rehabilitation, earthmoving, road construction and other support services to a wide base of private and public sector clients in Australia. MRS caters predominately for the mining, civil engineering, construction and infrastructure industries.

Further information on the Company can be found at hxxp://www.mrsplc.info

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

[danny baker] 16/11/2018 09:50

Just realised MRS never put out a NOMAD status update at the beginning of the month unlike Northland's other clients such as Polarean Imaging (POLX). I'm not in any way suggesting there'd be a problem as share price Angel will probably take on MRS but MRS won't get itself a better rating if it doesn't do its utmost to keep shareholders fully up to speed.

[lufc5] 16/11/2018 09:39

I do wish the regulators (if indeed there are any) would sort these smoke and mirror antics out. If I pop into a shop and see a product with a certain price, well, that's what I expect to pay....THE ADVERTISED PRICE!!!!

[troutisout] 16/11/2018 09:30

Currently 6.02p to buy, so the spread is well skewed.......6.01p to sell up to 15k....

[lufc5] 16/11/2018 09:21

More work coming through the door. Ka.....ching.

[lufc5] 16/11/2018 09:19

He did indeed.

[troutisout] 16/11/2018 09:09

Would be nice to see these sort of RNSs trickle through over the next few months, PB seemed to hint that would be the case....

[sm0ggyg] 16/11/2018 09:00

I dont think so

[parob] 16/11/2018 08:23

RNSManagement Resource Solutions PLC MRS secures the refurbishment of 6 excavators

[hulk2004] 16/11/2018 08:14

Good start, hopefully share price will start to recover up to Xmas, can we all play nicely together!

[sm0ggyg] 16/11/2018 06:46

Oh do bore off.

Thanks