Manganese Bronze Share Discussion Threads

[legg96] 12/10/2012 16:44

As predicted its over. Just a little quicker than expected.

[glasgow13] 12/10/2012 16:00

The company that makes London taxi cabs has launched an emergency recall of 400 black cabs after discovering a steering fault.

[borthfechan] 12/10/2012 13:57

Does look like that overweight chappy was correct listing this as a short at 40 pence,well done SC

[jascat] 12/10/2012 13:15

News does not look good. Faulty steering boxes in 400 taxis & production halted in affected model.
Probably lots of layoffs at the factory.

[jascat] 12/10/2012 08:27

Smells like a possible takeover. Perhaps by Geely, or Sanjiv?
Sanjiv, did not buy a large stake for nothing. He either had news of a bid, or intended a bid himself.
I have a 200k share position.

[empirestate] 12/10/2012 08:19

should be interesting to see the announcement, no position myself

[adorran] 04/10/2012 18:44

LOL. Maybe, but the comments left aren't exactly measured, are they? Is it really surprising that exiting directors sold shares several years ago? No directors sales within the past two years would have been a better point to make. As for this Nissan van taxi, have they even officially announced prices and warranty details yet? No they haven't. It's also unclear how they're going to make a front wheel drive van meet the London turning circle requirements. Yes, I have a small amount of MBH shares and I'm interested in both positive and negative thoughts, but it's got to be relevant. It almost sounds like some people want to see it fail and don't care about the people involved. Still think it will rally and rise - certainly hasn't collapsed this week like some people excitedly predicted.......

[glasgow13] 04/10/2012 10:31

Looks like you will be shutting the door.

[adorran] 04/10/2012 08:12

Have another look at that - in the past two years there have been two purchases, no sales. Most sales before that are ex-directors. Why the scaremongering?

[peterninefive] 04/10/2012 00:33

The Nissan NV200 is not much of a challenge for the Mercedes Vito which is overpriced.
The Nissan is rather small insie and only takes 5 passengers so it is exactly like the MBH TX4 and similarly priced but the Nissan has better build quality and warranty.
MBH have always offered a really poor warranty and fight drivers all the way on any warranty claim.

Just look at the way they treated all the drivers who's taxis went on fire or put off the road, for weeks, by their licensing authority as a precaution.

The sooner this iconic vehicle is condemed to the transport museum the better for every cabbie.
Not so good for the shareholders.
Shareholders just look at how few shares the directors hold. In the last 7 years directors have sold well over a million pounds worth of shares and bought just £30,130.


Tells you how much confidence they have in the outfit, doesn't it?

Last one out shut the taxi door.

[jascat] 03/10/2012 13:43

I have noticed that every day this week, the broker ups the offer price to 13p. This is then lowered about an hour into trading to 11.5p. Today this lowering did not happen & the offer remains at 13p, making the spread a ridiculous 3p.
Perhaps some announcement is about to be made in the near future? Perhaps not.

[adorran] 02/10/2012 18:21

Know somebody that knows somebody. Reliable info.

[diku] 02/10/2012 17:50

Are you an insider or do you know somebody from the inside?....

[adorran] 02/10/2012 08:34

Found out reason why they delayed statement - they wanted to mention new orders from Australia, India and Kazhakstanut too late. Don't know how many, but several hundred. I'm sticking with it, it'll rise.

[diku] 01/10/2012 13:12

Surely the turning circle capabilites would be good for the Indian market...

[glasgow13] 01/10/2012 12:24

the nissan will not have the turning circle of the tx4 the turningtheand merc therefor will not get passed for london which is the main market.sorry nissan does have the turning circle

[glasgow13] 01/10/2012 11:11

ecv looks better.

[legg96] 01/10/2012 09:56

The balance sheet is horrible. The partners will not buy this one when they pick up the assets in administration for peanuts.

[diku] 01/10/2012 09:42

What chance they get a big taxi contract from India?...

[jascat] 01/10/2012 08:18

The recent bad news was already priced in, although I did think a few would panic sell this morning.
I will continue to hold for the longer term.
A buy out by one of their partners is possible at some point.

[empirestate] 01/10/2012 08:12

holding up quite well at the moment

[diku] 29/9/2012 10:14

I think the CFO should be sacked....