Mayair Grp Share Discussion Threads

[neo26] 26/9/2016 08:10

metis20

they were in close period, buyback will commence imminently.

[neo26] 26/9/2016 07:59

so profit for the year will still be over £5m, current mkt cap 32m. Prepare for some buyback today.

[asusasus] 26/9/2016 07:52

Good luck with that ala. With the buyback recommencing I expect to be above £1 within a week or so.

[neo26] 26/9/2016 07:51

So this explains why no buyback for full month, only 17% available to open MKT and company gonna buy 10% back.

Keep hold of your stock, this is cheap..

[asusasus] 26/9/2016 07:51

There are 42,475,000 shares in total. I think there are only approx 17% of these in free float so not sure if the MC is being worked out on the free float amount or the full amount.

[eddiew] 26/9/2016 07:46

ADVFN shows 12.48M shares in issue.

[alamaison] 26/9/2016 07:45

I'll only be buying in the 60's again.

[parob] 26/9/2016 07:37

If this moves up to 85-90p we have another breakout on the cards.

[parob] 26/9/2016 07:35

The buy back being reinitiated IMO will drive the price much higher. Happy with the results, especially hearing about the contracts already secured in H2.

[chumbo] 26/9/2016 07:33

Market cap circa £32m I believe. It is misquoted in places. 45-ish million in circulation?

[davr0s] 26/9/2016 07:30

If people want to short a company where cash is greater than market cap then good luck to them

[davr0s] 26/9/2016 07:29

LOL - that does seem to be the case. Think the RNS is fine even though headline figure is lower at H1. Share price is much lower so I feel it's priced in. Also the H2 weighting is based on work already contracted so providing they execute if you add H2 backlog to H1 it beats last year number before any further new business won. Price could go anywhere short term but I'm fairly relaxed rereading this longer term

[si5721] 26/9/2016 07:24

With over 40m to come...

[apsoo] 26/9/2016 07:23

Am I reading this right?
Company has over £12m cash and the market cap is £9.54m?

[alamaison5] 26/9/2016 07:09

Well I did find the time:
Revenue: From 31.6 to 19.0 is a 38% fall...
Nothing else to say, lol.
xxx

[theunluckyone] 26/9/2016 07:04

On immediate inspection they could have been better or am I reading them incorrectly ?

[neo26] 25/9/2016 22:13

if you look at the charts it ready to burst. Will be up nice and early to see results.

Hope this Malaysian company does well.

[cool hand kev] 25/9/2016 21:21

It would be nice to get an RNS tomorrow with the results that they have continued the buy back