Mcbride Share Discussion Threads

[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

[nobull] 12/11/2024 07:45

Will be nice if the refinancing brings forward the day when they can either do buybacks or pay a dividend. Not sure if we will get better borrowing terms now that our net debt is on course to be a lot lower than it was at the peak (£111m by 30/06/25).

[darrin1471] 06/11/2024 17:10

Chris Smith Chief Executive Officer moves 300,000 of his MCB holding into his and his wife's ISAs.

A positive move.
I would only move a share into an ISA that I believed was undervalued and likely to result in a future CGT liability outside of an ISA. Any dividend on 300k shares would also not attract income tax.

[potty6] 31/10/2024 13:56

Wonder if they have the rcf refinance complete

Net debt progressing to 100m too let’s hope

[darrin1471] 31/10/2024 08:19

Mark Strickland Chief Financial Officer buys 10,000 @ £1.1033 per share

[darrin1471] 25/10/2024 18:58

Lennard Markestein Divisional Managing Director buys another 10,000 at £1.11 per share

150,000 @ 110 did not appear on L2 today

[potty6] 24/10/2024 15:54

Thanks

Bent this 6m plus chopped off on that volume

Wow

[darrin1471] 24/10/2024 14:50

List of market makers:


Market makers on MCB L2 today
SNGR 110 buy & 120 sell volume 7500
PLHC 108 vs 118.5 volume 7500
WNTS 108 vs 118 volume 7500
SHOC 107.5 vs 118.5 volume 7500
CNKO 107 vs 118 volume 7500
RAZH 107 vs 118 volume 7500
IHCS 107 vs 118 volume 10000

So of 240,000 buy orders, 45,000 are from market makers. One buy order is 150,000 at 110 which leaves about 45,000 of buy orders on various exchanges LSE, AQX, CHIX which I don't think are market makers.

This is my interpretation and may be wrong

Level 2 Explained by ADVFN may be worth a read:

[potty6] 24/10/2024 10:25

Why would the mms being buying darrin at 112 how can you tell it’s them

This is bent but no TU is being exploited as usual

[darrin1471] 23/10/2024 08:13

150k buy @ 110 back on L2
Market makers are buyers between 109 and 112

[darrin1471] 22/10/2024 15:04

348,000 @ 115p trade today.

[boozey] 20/10/2024 15:30

darrin, I appreciate your updates...thank you.

[potty6] 20/10/2024 12:40

Bizarrely hasn’t moved the share price either way

You think any of the big ones were buys

No TU one was last year on 17th

They’ve brought the agm forward 10 days v 2023


Would still like a TU

[darrin1471] 18/10/2024 07:15

1,303,000 trade @ 118

[darrin1471] 18/10/2024 07:13

250k @ 117p trade yesterday
Today 150k buy @ 110 back on L2
200ma also 110
50ma 122
20ma 117

[darrin1471] 15/10/2024 08:44

Volume last Thursday afternoon and Friday morning at 1.15p coincided with the disappearance of 150k @ 1.10p.
It looks like the buyer could not get what they wanted at 1.10 and had to raise their price.
L2 is currently evenly balanced.

[potty6] 11/10/2024 07:30

Lots of volume on the open

Anything darrin