Manganese Bronze Share Discussion Threads

[queeny2] 08/1/2009 16:23

smmt should be only UK registrations. no borrow available at all as far as i can see in this share?

[davidosh] 07/1/2009 18:36

Agreed if those were all UK sales. I was wondering if the Bahrain order being shipped was included then part this month.

[verulamium] 07/1/2009 18:25

Another bizarrely strong month. Are they giving them away?

[domwilliams] 07/1/2009 16:19

Taxi sales figures from SMMT:

Dec-08 2008 2007
LTI 204 1,971 3,132
Mercedes 11 108 -

[davidosh] 06/1/2009 16:09

Has anyone seen the monthly SMT figures for December taxi sales please ?

[toffeeman] 05/1/2009 14:17

Short squeeze (agan) or broken recent downrend?

[domwilliams] 13/12/2008 19:36

Some competition for LTI's exports...



"I can't wait for 2009 - bring it on," is not a phrase you hear from many company owners in the current economic climate.

But John Bradley is confident his business exporting old London taxis to Europe, America and the Middle East will thrive in the coming months.

His company - London Taxi Exports - is being helped by the current weakness in the value of the pound against currencies such as the euro and the American dollar.

In the past two months alone, the pound has lost 12% of its value against the euro. It means his cabs are becoming cheaper to overseas customers.

"The orders are looking good for us. With the pound in its current condition, roll on next year," he says with enthusiastic glee.

[judgement] 07/12/2008 12:26

Manganese Bronze, the maker of black cabs, fell another 7½p to 97p after Stagecoach's warning this week of a dearth of City commuters.

[davidosh] 04/12/2008 12:56

very commendable in the circumstances and beating the Mercs by 6 to 1 nearly as opposed to last month only 2 to 1. Merc sales are not holding up so well but sales for the whole sector are clearly down well over 40%. It looks like full year sales will be short of the revised break even level.

[rapier686] 04/12/2008 12:05

They are today. 112 for LTI, 20 for Merc. Not that bad in the circumstances.

Month LTI Merc

Jan-07 333
Feb-07 138
Mar-07 469
Apr-07 273
May-07 310
Jun-07 296
Jul-07 289
Aug-07 096
Sep-07 372
Oct-07 217
Nov-07 185
Dec-07 154
Jan-08 103
Feb-08 114
Mar-08 435
Apr-08 169
May-08 163
Jun-08 146
Jul-08 106
Aug-08 054 14
Sep-08 297 27
Oct-08 068 36
Nov-08 112 20

[davidosh] 03/12/2008 00:26

Are the November sales figures out yet for LTI and the Merc ??

[marben100] 03/12/2008 00:09

the Geely KingKong 1.5L - lol

[madmix] 01/12/2008 10:58

MNGS getting increasingly desperate to raise cash?



;-)

[domwilliams] 28/11/2008 13:25

PCO Supplementary Notice 6 regarding under-bonnet fires on the TFL website today. Confirms remedial work on the suspended TX4s was completed on 11-Nov but LTI must now perform this work on all other TX4s at M&O by either 16-Jan or 13-Mar-09. PCO notes a reluctance of some drivers to take their cabs to M&O in the recall, and may suspend their licences if the work has not been performed by the relevant date.

[domwilliams] 21/11/2008 16:13

M&O now stating that the product recall on 670 affected taxis has been completed. Mechanics reportedly looking forward to their overtime payments.

[davidosh] 17/11/2008 12:52

The problem is that if you take a TX4 in part exchange you cannot sell it afterwards to recover the value. Sales will have to be made at a loss to shift stock.

[madmix] 17/11/2008 11:36

From the TAXI newspaper 12th November 2008 (page 4), which supports the view that they're struggling with sales of new cabs :



"However all the spin, fancy press releases, PR and having most of the trade press in their pocket, can't cover up the fact that this has decimated any confidence that the trade had in LTI. If they weren't selling many cabs before the fires farce they sure aren't selling many now. Just look around and count the number of '58' TX4s on the road but before you do, the answer is not a lot. They dropped the price by £ 2,000 when the Mercedes was launched and that did not stimulate sales so they are now offering a cash back deal that cuts the price by another £5,000! The only conditions would appear to be that they don't want any TXIIs or TX4s as part exchanges but, not surprisingly, they will be happy to relieve you of your TXI."

[toffeeman] 13/11/2008 12:21

Anyone care to comment on those massive trades?

[rthak] 11/11/2008 16:53

That sell of 600 shares was mine - i sold my tiny long position at a small loss - got bored of waiting!!!

[queeny2] 07/11/2008 18:42

36 Mercs bloody hell. that is registrations btw not necessarily sales, but pretty good.

[verulamium] 06/11/2008 19:52

They might have to try it on in a different hot part of the world next time, I don't think they'll dare go back to Bahrain! Perhaps some ex-BAE salesmen are involved?

[rapier686] 06/11/2008 19:49

68 cabs from LTI, 36 from Mercedes. Last October was 217 from LTI.

With the price having risen I returned to the fold yesterday by selling a few!

Still one has to respect a sales force which can flog 200 hot-running incendiary vehicles at full price to one of the hotter countries around. What will they manage when the cabs are cheaper?