Mdm Engin. Share Discussion Threads

[pre] 02/6/2008 09:00

TRAINSPOTTER - 20 May'08 - 21:18 - 35 of 51


should MDM convert potential projects Kariba, Ezulwini, Kalagadi, Algeria Gold and Lily Mine into actual projects then the forecast EPS for FY 09 is around 100p. At current prices that's a forecast per of, well work it out for yourselves! Zero leverage as well.

Average sector per stands around 15-20. With MDM forecast to grow earnings by triple digit %'s into 09 and 2010 the scope for further price appreciation is excellent. ON a per of 10 for 2009 should be between 500-1000p assuming £10 for best case scenario of all above project secured.

TS

[pre] 02/6/2008 08:39

75K...just took the price up?

[shanksaj] 02/6/2008 08:32

CR,

You must have sold 'em to me. You sold too early.

[stegrego] 02/6/2008 08:27

With some of the dross youve been buying i guess any profit is a good one ;)

Good luck

[cockneyrebel] 02/6/2008 08:26

farewell my petit pois - took my profits - buy from the bored, sell to the over excited imo.

CR

[pre] 02/6/2008 08:21

pathetic attempt for shake by mm's....

[czar] 02/6/2008 08:14

Read the article, pe for 2008 6.8x, for 2009 2x and in a booming industry.

[stegrego] 02/6/2008 08:09

Ah good old SCSW - always a few months behind me ;)

[bigbigdave] 02/6/2008 08:06

tipped in SCSW

[hsbcpremier] 02/6/2008 08:02

if they get the manganese order what is the eps target?

[pre] 02/6/2008 08:00

blimey....this could looks like it could race away today...very limited stock around which is freely available...

[stegrego] 02/6/2008 07:54

Tipped again at weekend?

5% pre market markup and some buying

[cockneyrebel] 30/5/2008 08:12

nice order win by KENZ today - reckon MDM will announce a win soon, often happens just after a float to get the market interested imo.

Should move even faster on news as these are so tight to buy.

CR

[pre] 27/5/2008 08:45

looks like there is alot more buying activity today.....

[cesc diamond] 20/5/2008 21:27

Looks very interesting.
Shame I only spotted it this evening. At the risk of upsetting current holders, I'll put it on my watchlist and wait for a pullback, which happens quite a lot these days!

[trainspotter] 20/5/2008 21:20

a real shame the liquidity is absolute appalling for such a quality company

TS

[trainspotter] 20/5/2008 21:18

should MDM convert potential projects Kariba, Ezulwini, Kalagadi, Algeria Gold and Lily Mine into actual projects then the forecast EPS for FY 09 is around 100p. At current prices that's a forecast per of, well work it out for yourselves! Zero leverage as well.

Average sector per stands around 15-20. With MDM forecast to grow earnings by triple digit %'s into 09 and 2010 the scope for further price appreciation is excellent. ON a per of 10 for 2009 should be between 500-1000p assuming £10 for best case scenario of all above project secured.

TS

[pre] 20/5/2008 21:14

Nice one CR...exactly couldn't agree more....

[cockneyrebel] 20/5/2008 19:28

Even after the recent price rise the fwd PE is still just 7, which is pretty stunning for a co with growth forecast at around 400% and in a red hot mining sector.

29.5p eps forecast for the coming year, I doubt most of the market has grasped that as yet.

CR

[pre] 20/5/2008 08:16

The way this is moving it wouldn;'t surprise me if this does a 'sola';-)

[pre] 20/5/2008 08:09

very strong...break past £2....looking good

[cockneyrebel] 19/5/2008 13:00

Agree - still very cheap imo.

CR

[pre] 19/5/2008 08:53

looking well cheap compared with its peers.....