Management Resource Solu... Share Discussion Threads

[sm0ggyg] 03/1/2019 16:13

Karrabin investments punt around in shares and know considerably more than yo.

[12bn] 03/1/2019 15:27

Anyone any info on Karrabin Investments? When I googled them all I got was a lot of Estate agents in the Karrabin area.

[12bn] 03/1/2019 15:16

This looks like the likely culprit. They have reduced from 7% and may now be below 3% and so may not need to inform the market any more.///////3. Details of person subject to the notification obligation(iv)
Name Karrabin Investments
City and country of registered Ipswich Australia
office (if applicable)
4. Full name of shareholder(s) (if different from 3.)(v)
----------------------------------------------------------------------------------------------------
Name
------------------------------------------------- -------------------------------------------------
City and country of registered
office (if applicable)
------------------------------------------------- -------------------------------------------------
5. Date on which the threshold 8(th) August 2018
was crossed or reached(vi)
:
------------------------------------------------- -------------------------------------------------
6. Date on which issuer notified 11(th) August 2018
(DD/MM/YYYY):
------------------------------------------------- -------------------------------------------------
7. Total positions of person(s) subject to the notification
obligation
----------------------------------------------------------------------------------------------------
% of voting % of voting Total of Total number
rights attached rights through both in % of voting
to shares financial (8.A + 8.B) rights of
(total of instruments issuer(vii)
8. A) (total of
8.B 1 + 8.B
2)
---------------------- ------------------------- ---------------- ---------------- -------------
Resulting
situation
on the date
on which
threshold
was crossed
or reached 3.89% 3.89% 196,946,002
---------------------- ------------------------- ---------------- ---------------- -------------
Position
of previous
notification
(if
applicable) 4.99% 4.99%
---------------------- ------------------------- ---------------- ---------------- -------------

[12bn] 03/1/2019 14:58

14:51:39 4.6950 20,234 O 4.6000 4.8000 Sell 381,863 646,748
14:48:35 4.5602 100,000 O 4.6000 4.9000 Sell 381,863 626,514
14:47:56 4.6710 100,000 O 4.6000 5.0000 Sell 381,863 526,514
14:47:20 4.6710 100,000 O 4.6000 5.0000 Sell 381,863 426,514
14:07:06 4.8600 14,000 O 4.6000 5.0000 Buy 381,863 326,514
13:54:19 4.6600 10,000 O 4.6000 5.0000 Sell 367,863 326,514
12:37:58 4.8600 49,267 O 4.6000 5.0000 Buy 367,863 316,514
12:09:14 4.7200 100,000 O 4.6000 5.0000 Sell 318,596 316,514
12:04:32 4.8550 100,000 O 4.8000 5.0000 Sell 318,596 216,514
12:00:00 4.9900 25,000 O 4.8000 5.0000 Buy 318,596 116,514
11:08:45/////// Someone is trying to hold the share price down with 100k sells,Morffew,Karrabin Investments, Bachmann? I would not be surprised to see a sneaky bid arrive here soon.

[12bn] 03/1/2019 13:09

Here is another post on the subject.////troutisout27 Dec '18 - 10:56 - 2511 of 2512
0 4 0
arry,
It takes several weeks to do DD, if you want to panic that MRS will not get a NOMAD, then wait until the majority of Northland clients announce a new NOMAD and MRS hasn't.
At the moment I cannot see many,if not any, that have done so as yet.

The changes in NOMAD for all these companies are due to Northland being bought out, this is very different to an occasion where the NOMAD resigns, some people are trying to conflate the two, to scare people.

[12bn] 03/1/2019 13:07

I think Dannys post answers the nomad issue,it is a 'red herring'.//////Danny Baker3 Jan '19 - 09:22 - 27 of 30
0 0 0
My belief is that everything is on track for the Nomadship to transfer to SPAngel at the end of the month. Should there be any problem it looks as if Beaumont Cornish are taking on those clients who might not meet the requirements with SRES and now BOD becoming BC clients. No need to worry about the Nomad situation.

[jagzoil] 03/1/2019 12:54

NOMAD will be sorted, got an idea whom it maybe already.

[bazildonbond] 03/1/2019 12:37

This warning came up when attempting to take a small position in the Co "The Nominated Adviser (Nomad) of this Company will cease to be a registered Nomad from 1 February 2019. If a replacement Nomad has not been appointed by 1 February 2019 then it is expected that trading in the Company?s Shares will be suspended from trading on AIM at 7am on Friday 1 February 2019. Should the Company thereafter fail to appoint a replacement Nomad within one month of such suspension, the listing of the Company?s Shares on AIM would be cancelled. If you continue with a purchase of this stock you do so on the understanding that you have read and understood the above warning." This is what is holding back the progress/rise of the share price, until the Nomad issue is solved who would take the risk of buying a suspended or worse unlisted security?

[12bn] 03/1/2019 10:24

This should be 10p at least imo,even then it would only be on a p/e of 5 and MRS has growing earnings. Sooner or later fundamentals will take this massively higher,imo.

[danny baker] 03/1/2019 09:22

My belief is that everything is on track for the Nomadship to transfer to SPAngel at the end of the month. Should there be any problem it looks as if Beaumont Cornish are taking on those clients who might not meet the requirements with SRES and now BOD becoming BC clients. No need to worry about the Nomad situation.

[thehitman1] 02/1/2019 16:35

Nice 20% for some.

[12bn] 02/1/2019 15:48

NS Number : 8045J

Management Resource Solutions PLC

07 December 2018

Management Resource Solutions PLC

("MRS" the "Company" or the "Group")

Final Results

Continued progress, well placed for future growth

Management Resource Solutions PLC, a leading Maintenance, Fabrication, Civil and Earthworks company, announces its Final Results for the year ended 30 June 2018.

Financial Highlights

-- Trading performance in line with expectations
-- Revenue up 32% to $69.1m (2017: $52.4m)
-- EBITDA of $12.3m (2017: loss of $4.9m)
-- Net profit after tax of $5.4m (2017: net loss after tax of $10.8m)
-- Basic EPS of AUD3.02c (2017:AUD(12.99c))
* All references to dollars or $ relate to Australian dollars, the Group's presentational currency

Operational Highlights

-- A year of progress with significant cost management initiatives put in place
-- Continued investment into people and core profitable assets
-- Bachmann Plant Hire operating close to full utilisation during period, continued positive momentum

-- Strong first full year performance from MRS Services Group with strong end market demand for specialist services

Paul Brenton, CEO of MRS, commented:

"2018 was a busy and successful year for MRS, as the Group benefited from a number of initiatives to turn around the business and drive a strong performance. The new management team have worked hard to make the business leaner and fitter, with a disciplined focus on controlling costs and leveraging the Group's central processes in order to deliver sustainable profit and returns.

"Along with the internal measures taken to put the Company on a secure footing, we have seen strong market demand for the Group's specialist services. Record government spending on core civil infrastructure and strong growth in the construction sector has driven demand within our Bachmann Plant Hire business. As market dynamics have improved within the resources sector, our MRS Services Group business has also continued to drive growth, thanks to the breadth and depth of its sector and technical expertise.

"We have started the new year in line with management expectations and are confident about the Group's prospects and the opportunity ahead. We have an excellent management team in place, along with talented people and leading market positions, which I believe leaves MRS well placed to drive future growth and create value for all stakeholders."

Enquiries:

[unionhall] 02/1/2019 15:19

...not a bad day...

[12bn] 02/1/2019 15:04

I agree apfindley,he should be called thesimpleman1,he deserves to be filtered along with arry and Sm0ggyG/12bm. MRS looks to be in a 'two steps forward one step back' rebound and 10p is possible here some time this year. A p/e of 10 is 20p a share and 10p is still only a p/e of 5,tempting for a take-over bid imo.

[thehitman1] 02/1/2019 14:43

Only one way, up.

[thehitman1] 02/1/2019 14:43

Fidley, the hitman was spot on as usual since last week.

[apfindley] 02/1/2019 14:26

No idea what hitman is saying as I've had the idiot filtered for years.No doubt utter tosh as always.Anyway, the emergence of such lowlife means there's gonna be a decent rise here.

[thehitman1] 02/1/2019 08:15

The only way from here is up.

[thehitman1] 02/1/2019 08:15

Good post 12bn.

[12bn] 02/1/2019 07:41

MRS has GROWING earnings,lower debt as it is getting paid off out of those earnings and a solid order book. The share price is only so low because a couple of big holders have been reducing their holdings but this won't last forever. They have driven the share price down to a p/e of 2 and made MRS into a take-over target imo. The nomad issue is just a red herring which will soon be resolved. Fundamentals will out here sooner or later and the share price will rise dramatically. I wouldn't be surprised if Bachmann or Morffew are involved in a take-over bid here but equally with such a low share price another predator could leap in first,imo.

[sm0ggyg] 02/1/2019 04:42

Looks terminal to me.

[arrynillson] 01/1/2019 20:59

apfindley - let's look at the evidence - rns issued in November claiming NOMAD negotiations were at an advanced stage then interview with Total Market Solutions post latest results - Paul Brenton when asked about NOMAD says MRS has made ' steady progress here' - he expects the company to announce an update early in the calendar year!

If the deal had been done but he couldn't announce it until 01/02/2019 surely he would have explained that rather than going from ' advanced ' to ' steady progress '.

You might be right APF but MRS need to learn a bit about PR because there are people out there who scrutinise statements closely and there is a genuine concern about possible suspension so MRS need to allay concerns not feed them with ambiguity!

[apfindley] 01/1/2019 12:38

I have seen very little, if no, mention from any other companies regarding a replacement yet. 1st February will likely be switched directly to share price Angel who are being merged with northland. People are trying to make the situation appear more complicated. "proposed merger of its current nominated adviser ("Nomad"), Northland Capital Partners Limited ("Northland") with share price Angel Corporate Finance LLP. The directors have also been informed that Northland has voluntarily agreed to relinquish its Nomad status and will be removed from the register of Nomads with effect from 7am on 1 February 2019."

[thehitman1] 31/12/2018 13:54

And smoggyG?.