Menzies(john) Share Discussion Threads

[nw99] 14/5/2015 14:33

That's a better move up not selling mine here looks like a fat finger

[nw99] 14/5/2015 13:38

Just bought another 5000 here

[buffettjnr] 14/5/2015 13:26

Even more reason to oust the Chairman if the article is true that have not won any Spanish work

[nw99] 14/5/2015 13:04

True Buffet just buying more here on today's pullback

[buffettjnr] 14/5/2015 07:33

Thanks nw99. I wonder if is that is before the dividend is paid or after?
I think if Lake Street get their way it will be through 550p-600p in no time.

[nw99] 14/5/2015 07:02

Charts still very bullish target 4.60

[1gw] 07/5/2015 09:08

Maybe - share price seems to have confirmed recovery from the dip this morning anyway. Or maybe someone trying out an algorithm to see what would happen. Or just a distressed seller who needed to get out and someone played the other side.

[buffettjnr] 06/5/2015 21:16

Maybe finger trouble? Or is that too simplistic an explanation?

[1gw] 06/5/2015 20:47

Wow. Crazy finish to the day. A flood of sales forcing the price down significantly in the last 5 minutes of the day, followed by a relatively big uncrossing trade back up above £4.

[1gw] 06/5/2015 12:47

"Accordingly, the Board has recommended a final dividend of 8.1p per share which is payable on 3 July 2015 to all shareholders on the register at 29 May 2015. The total (paid and proposed) dividend for the year is 16.2p per ordinary share."

(from preliminary results)

[buffettjnr] 06/5/2015 12:38

Has it paid its dividend yet? There website doesn't show it

[1gw] 06/5/2015 12:25

Thanks nw99. Great news if true that they've got Kabouter on board.

"Now Kabouter has revealed that its own research on Menzies concludes that the company's structure of operating in two unrelated sectors "contributes significantly to the undervaluation of John Menzies' stock today".

The US-based investor added that it was "constructive to have healthy dialogue that questions whether John Menzies was taking the right steps and exploring all options to unlock additional value", but stopped short of claiming to have been discussing those options with management."

[golly blackwell] 06/5/2015 12:18

Thanks, Buffettjnr.

[nw99] 06/5/2015 11:50

John Menzies (MNZS) continued to gain following activist manoeuvring on the part of its biggest shareholder. Last week, Swiss-based Lakestreet Capital disclosed that it is trying to convince Menzies' senior management to consider a break-up into two separate companies. Menzies' print distribution business, which controls about half of the wholesale supply of all newspapers and magazines in the UK, does not seem like a natural fit for its aviation business, where it does everything from moving passengers around airports to handling baggage. Kabouter Management LLC, a Chicago-based asset manager that owns 9 percent of Menzies, is now publicly backing the idea of breaking up the company. Whereas the company is currently valued at £245 million, the two separate entities could be worth more than £400 million, argues Kabouter. The market seems increasingly confident that changes are afoot at Menzies, as the shares rose a further 5p to 405p.

[nw99] 06/5/2015 10:56

Looking very good on the chart

[buffettjnr] 30/4/2015 12:08

The aviation business is past the worst. It is also interesting that the CEO of Swissport was a board member of MNZS as recently as December 2014.

[1gw] 30/4/2015 11:54

Fantastic news! Exactly what I have been hoping for for some years! I hope also that the new CEO will not be as wed to the "single Group" concept as the previous management was. Having said that, it seems a shame that this kicks off when the Aviation business is going through a dip - but perhaps that's what it takes to get traction within the company.

[sphere25] 30/4/2015 10:17

"Given John Menzies recent underperformance, Lakestreet believes that:

John Menzies is dramatically undervalued, especially when taking into consideration the sum of its parts.

If Menzies Distribution and Menzies Aviation were to be valued on a stand-alone basis, the enterprise value of John Menzies could be in the region of £525 million.

John Menzies' implied market capitalisation is in the region of £415 million or approximately 675 pence per share.

This represents an 86 per cent upside compared to the Company's closing share price of 362.5 pence on 29 April 2015.


Lakestreet has, therefore, committed itself to unlocking the intrinsic value of John Menzies in the interest of all shareholders and has constructively engaged in discussions with the Chairman, Mr. Iain Napier, the CEO, Mr. Jeremy Stafford, and the CFO, Ms. Paula Bell."

[nw99] 30/4/2015 08:25

Activist break up chat on Twitter

[buffettjnr] 26/4/2015 05:15

Btw, does anyone know who Lakestreet Capital is?

[buffettjnr] 26/4/2015 05:14

Most of that business is gone. But there is plenty of good news to come out of the U.S. Hopefully we hear some good news at the AGM on 15 May.

[envirovision] 23/4/2015 11:41

Does anyone know if revenues and profit margins will ever return at Heathrow or has that business gone down the plug hole for good ?