Manolete Partners Share Discussion Threads

[bogman1] 25/3/2021 13:24

But if a drop off today..

[jimtech] 24/3/2021 20:51

They said it would be extended to end June. It could be extended again...

"The Government announced today (24 March) that it will extend a number of temporary measures brought in by the Corporate Insolvency and Governance (CIG) Act, which were due to expire on April 30, until the end of June."

[xpertgreeny] 24/3/2021 19:23

Great news for patient MANO shareholders. R3, the insolvency trade body, has just reported that the Govt has tonight announced that the temporary moratorium of insolvencies will end on 30 June 2021. A busy three years and more begins.

[bogman1] 10/3/2021 12:34

I still think it's a good company. Mithaq will provide the capital. Current share price is way too low. I hold this beg and frp. But have confidence in this sector despite the continued govt support which can't last forever

[r2oo] 10/3/2021 08:54

Yep me too.Something just not right here. I'll stick with Begbies Traynor in this sector I think.

[gaiusgracchus] 04/3/2021 14:04

Never trust what management says, just watch what they do. I think some version of that has been said by many many investors over time.

[lazg] 04/3/2021 13:11

Good research.

[williamcooper104] 04/3/2021 12:07

Good point

[tradertrev] 04/3/2021 09:55

When you look at the evidence of the large shareholding movements it looks like Mithaq had ample opportunity to buy more shares than the 16.1% they held immediately before they bought a further 1.3% from the CEO:
11/12/20 - Premier Miton holding down by 4.9%
26/01/21 - Canaccord holding down by 9.1%
26/01/21 - Soros holding down by 9.9%

26/01/21 - Mithaq holding up to 16.1%
09/02/21 - Mithaq holding up by 1.3%

[lazg] 04/3/2021 08:46

I may be naive, but I can believe the story. Manolete was approached by what seems to be a long term anker investor that will not daytrade and can provide ad hoc capital when needed. I can totally see them asking to have a certain number of shares and Management selling some of their shares to get them there.

[jimtech] 04/3/2021 07:28

From The Armchair Trader;
"Manolete Partners [LON:MANO] gets the notable mention today, with the insolvency practitioners off by almost 10%. Rishi Sunak’s generosity in the budget may help viable companies survive but it also enables some who have run their course to continue trading a while longer, which is by consequence bad news for this sector."

[gatehill] 04/3/2021 00:20

Thanks, JimTech.

[jimtech] 03/3/2021 19:53

The drop is probably related to the extension of furlough in the budget and a concern that there could also be an extension to the restriction of forced bankruptcies. Not a major issue IMHO.

[jimtech] 03/3/2021 17:49

They are just being alarmist.

[krutt] 03/3/2021 17:27

Not true about directors bailing out. all explained in the presentation.

[jimtech] 03/3/2021 16:26

It's just taking a breather IMHO...

[jsforum] 03/3/2021 15:25

The share price is falling as a director and former director are bailing out

[gatehill] 03/3/2021 14:43

Although I read the presentation on their website last week I still tuned in to get the extra interpretations that the CEO gave. So why has the share price fallen today when the company has such good prospects? I regret not selling when the share price reached 600 last May, having bought at 400 the previous December but at the current price I may purchase more!

[krutt] 03/3/2021 14:40

Well if this goes below 2.50 i will certainly be buying more. Its definitely a long term hold.

[gaiusgracchus] 03/3/2021 13:55

And yet insiders keep selling. I'm long and am holding.. but it's not a good look.

[lazg] 02/3/2021 18:25

Good presentation indeed. He adressed why he had to sell (Mithaq needed shares). That was convincing to me. Company is 3x what it was at IPO, should be 3x the IPO price.