Mcbride Share Discussion Threads

[potty6] 12/12/2024 17:56

Yes 2 per cent of the company traded and no movement bizarre .

I see a reverse head and shoulders movement in play

Looking forward to a Jan TU

[darrin1471] 12/12/2024 16:29

I don't see much change.
It looks like a buyer trying to buy on the cheap and a willing seller at 110

[potty6] 12/12/2024 13:25

Darrin what are your thoughts on the last 2 weeks trading in the stock

To say it’s bizzare is an understatement

[darrin1471] 11/12/2024 15:43

A couple of large trades were reported late yesterday at 110p (150k and 100k). Then another 100k at 110 today

[potty6] 03/12/2024 15:48

Buyer is messing again darrin ?

[potty6] 02/12/2024 15:56

Darrin are you tempted to trade it I note your last trade was a while ago

[potty6] 02/12/2024 15:43

Defo something up following another exciting rns on Friday and management should be ready to act

Why did no one sell Friday now sell on the Monday and cost themselves over 2k it doesn’t make any sense unless you have huge pockets

Very big block trades going on . The only seller I would think it being is aberforth but if it’s them since July they have to be out of ammo soon as there has been some meaty volume weeks

[darrin1471] 02/12/2024 14:49

100k buyer did not appear this morning.
50k buyer at 108p did appear.
It's probably the same buyer.

50k at 108 taken out in 2 trades 12:41 and 12:45
It is unlikely to be the same seller as the 100k seller on Friday, IMO

50k buyer came back at 106p at 13:21

IMO it looks like somebody is trying to buy a small stake (under 3%) in MCB on the cheap. Tempting sellers with low buy offers. It's been going on for just over 2 months now and they appear to have been reasonably successful. When they have reached 80% of their target then they may start buying aggressively, pushing the MCB price up along with the value of their newly acquired stake. It does not look like a seller causing the MCB share price to fall. Just an opinion.

[potty6] 29/11/2024 16:55

Good to know thanks

Interesting no sellers given what happened 2 weeks ago how bizarre

[darrin1471] 29/11/2024 16:39

100k buy at 110 taken out at 8:10 this morning
100k buy came back at 108.5 but no takers.
100k moved up to 109 then 110 at 16:23.
100k buyer at 110 in closing auction but no sellers.

[potty6] 29/11/2024 14:09

What a loaded gun they have

Looks to be a full order ongoing

Can’t see the buy stack darrin can you guide

[darrin1471] 29/11/2024 11:24

Resolution 14 passed at agm

That the Company is generally and unconditionally authorised pursuant to section 701 of the Companies Act 2006 to make market purchases (as defined in section 693(4) of that Act) of ordinary shares in its capital on such terms and in such manner
as the Directors may from time to time determine, provided that:
a) the maximum aggregate number of ordinary shares which may be purchased under this authority is 17,401,528;
b) the minimum price (exclusive of expenses) which may be paid for such an ordinary share shall be its nominal value;
c) the maximum price (exclusive of expenses) which may be paid for such an ordinary share shall be an amount equal to the higher of (i) 105% of the average of the middle market quotations for an ordinary share in the Company derived from
the London Stock Exchange Daily Official List for the five business days immediately prior to the day on which such share is contracted to be purchased and (ii) the higher of the price of the last independent trade and the highest current
independent bid for an ordinary share in the Company on the trading venue where the market purchases by the Company are carried out;
d) unless previously renewed, revoked or varied, this authority shall expire at the close of business on 31 December 2025 or, if earlier, at the conclusion of the Company’s Annual General Meeting to be held in 2025; and
e) before this authority expires, the Company may enter into a contract to purchase ordinary shares that would or might require a purchase to be completed after such expiry and the Company may purchase ordinary shares pursuant to any such
contract as if this authority had not expired

[potty6] 29/11/2024 08:31

Get the buybacks started lads

[oldtimer169] 29/11/2024 08:18

excellent refinancing terms.

[potty6] 18/11/2024 13:20

This is getting sorted out

Buybacks are coming

Chairman CEO and cfo weigh in huge for McBride standards

Buy all you can as these prices won’t be around for long

[potty6] 15/11/2024 13:47

Darrin this is getting sorted out speaking to the company about the attack we suffered this week

Have a call lined up

Also check out alluvial capital who holds a stonking 2 per cent of bride

Bottom line someone needs our stock and they can’t get it so resorted to the scare shocks the cnts

[darrin1471] 15/11/2024 13:43

Mark Strickland Chief Financial Officer buys 9500 at £0.9732

[potty6] 14/11/2024 12:28

Pure theft this as they a big buy back is coming and market makers and city rats want the cream off of it

[ianguerin] 13/11/2024 17:31

Gearing is related to NCR's not profits. The company is aligned to Adjusted Profit estimates of £59.7m & estimated borrowing of £111.6M. At 30.6.23 NCR's were only £37.1m so surely the mention of buybacks is premature, & possibly of dividends too?

[potty6] 12/11/2024 16:19

Wow what a crazy day

All bent of course

Hope some picked up some November bargains there

[potty6] 12/11/2024 09:12

Gearing is fine just over 1 x ebitda

This needs a buy back as soon as possible

Incredible value now

[ianguerin] 12/11/2024 08:47

"Better borrowing terms" would be to get the gearing down & put the business on an even better footing. Only then contemplate dividends, & forget about buybacks