Mdm Engin. Share Discussion Threads

[jeffian] 26/7/2013 12:12

Apparently not!

8-(

[jeffian] 24/7/2013 10:04

Now that the excitement of the divi has passed, do we see much action here or is it likely to track sideways until the pre-close trading statement in October?

[exbroker] 13/7/2013 11:27

I am not sure after the failed bid that these figures are right.The arbs including myself must own all the free float, which judging by the trades we don't.

[royalles] 12/7/2013 09:15

It is easy to use a USD to GBP convertor online if you want exact figures.

[xb6] 12/7/2013 08:58

Hi harry,that might be a smart move.

[west_star] 12/7/2013 00:02

hello harry and welcome

[harry tp] 11/7/2013 22:59

Hi all

Been reading this and the other thread,think this is a stonking buy at this level and will be coming aboard shortly.I have not seen a company with this type of market cap and yield trading at such a low P/E ratio for some time.I might even consider placing this in my SIPP.

[west_star] 11/7/2013 22:47

Thanks XB looks good i must request stuff more often lol

[xb6] 11/7/2013 21:38

I have updated the thread as per suggestion,let me know what you think?

[dantee] 11/7/2013 20:47

So am i right in saying they just about to pay a dividend of 24.9 cents / 16p per share ? that is some tasty yield if so.

[west_star] 11/7/2013 18:18

Thanks very much,i think as much info on these forums the better to the onlooker without searching around for it.Their website has loads of information but too much to cram in here.Thanks again XB

[royalles] 11/7/2013 16:57

The info is on their website.

[west_star] 11/7/2013 15:53

dantee,note that all those II,s here have not sold any holdings and are collecting some hefty dividends here.Two names on list caught my eye which are Pipestone and Emirates.

[xb6] 11/7/2013 15:26

I should have time this evening to do it :->

[dantee] 11/7/2013 15:22

Very interesting!

[west_star] 11/7/2013 15:11

dantee,yes that is right just under 3% ( see graph )

[dantee] 11/7/2013 15:05

Is that right that only 3% of shares here in hands of Pi,s ?

[west_star] 11/7/2013 14:52

Thanks XB much appreciated

[xb6] 11/7/2013 14:10

Good idea weststar,i will include that next time i update the thread.

[west_star] 11/7/2013 13:41

I like the company motto :-)

Listen with care.Design with purpose.Deliver beyond expectation.

[west_star] 11/7/2013 13:36

XB can you put this into the header if possible ?

[harry tp] 11/7/2013 12:50

Interesting posts guys,i think i will take a closer look at this!

[xb6] 11/7/2013 12:12

Hi weststar,im not a prolific poster on here as i work 6 days a week but i will try and keep the forum updated with latest news and info.I have put the highlights from latest results in the forum header and also a link to the full detailed Pdf from the website.If you not read the full text yet check the link here as it gives a fuller picture on things -

[west_star] 11/7/2013 11:49

king suarez,take a look through the last few financial results documents and you will see for yourself some of the answers.As for risk with metal prices and or political risk,mdm are not miners they are the guys that put the infrastructure in place and also specialised project management either direct or working with third parties,so they are in a unique position to benefit not only from a booming mining sector but also on the flipside as their last few results have shown they also benefit from tough mining markets ( where companies seek expertise from the likes of mdm to ensure projects come in "on budget" and "ontime" ).

It would also be worth checking out the calibre of the guys running this company and their track record,that was the biggest influence on why i invested here.I think this company will either be bought out for multiples of current share price or they will move the stock on to the ftse smallcap market in the not too distant future and find themselves on the shopping list of quite a few fund managers.

97% of the shares here are tightly held by institutions,it means the 3% of us that hold retail shares could be in for an exciting ride IMVHO

[west_star] 11/7/2013 10:56

Thanks for the welcome XB,by tuesday next week this will be my second biggest holding so i might be a regular on here.There is another mdm thread on here which is ok but dont hurt to have another.