Menzies(john) Share Discussion Threads

[coscos] 02/6/2020 14:03

No, because I've just bought.

[thisdawg] 02/6/2020 13:57

Squeaky bum time as it slows at 130. Surely can’t just be another spike?

[buffettjnr] 02/6/2020 13:48

The fact is this: it was near 500p prior to lockdown. The business was closed down and the share price reflected it. As the business re-opens it makes sense that the share price will recover. Perhaps not to where it was, but if the business recovers by 60-80%, it should be reflected in the share price...can easily make a case for 300p...350p. And then a bit of good news might turbocharge it.

[plentymorefish] 02/6/2020 13:15

Quick run up to 200p isn't out of the question so still a lot to go for......hasn't had much of a tick up since late March when the FTSE went (temporarily) sub 5000 taking MNZS with it......FTSE now back over 6000 and MNZS barely a few percent above it's recent nadir....easy to see where it's going imo…..

[pre] 02/6/2020 13:15

still way way undervalued imv..

[jock363636] 02/6/2020 13:12

Coiled spring about to unload

[buffettjnr] 02/6/2020 13:10

I’m intrigued why the seller has disappeared all of a sudden...or perhaps they have finished selling...or perhaps they received a few extra IQ points to work this one out

[rafieh] 02/6/2020 13:10

The move has just started. Not too late to join in.

[pre] 02/6/2020 13:00

it's broken out - technicals very strong on MA - agree Bufferjnr -most likely as airports across the world are opening up now...

[paulof2] 02/6/2020 12:58

It may indeed however it does like a bounce off high 120s/ 130 and back down again

[buffettjnr] 02/6/2020 12:53

Plentymorefish would be correct. This will do 100% before we even have a chance to look again.

[plentymorefish] 02/6/2020 12:44

Buy back in.....still lots to come imo….

[paulof2] 02/6/2020 12:44

Made me laugh couple of days after I sell it rises, typical hah.

Good luck all

[nw99] 02/6/2020 12:30

Very much so

[pre] 02/6/2020 12:13

Mithaq has been buying- just look at the holding rns...and some big trades going through - breakout imminent

[kaos3] 02/6/2020 12:11

foolowed mithaq from bur here

[nw99] 02/6/2020 12:00

170000 print seller offloaded 112

[nw99] 02/6/2020 06:54

Potentially great news for airports govt is looking at relaxing uk travel quarantine

[buffettjnr] 01/6/2020 22:19

No, regarding Menzies. The sellers have had a change of analyst and the market cap collapse on Menzies has meant it’s become too small to matter to them. The other fund selling is an income fund....no divi puts them in the sell camp. This is nothing about fundamentals.

Is this the real life? Is this just fantasy?
Caught in a landslide
No escape from reality
Open your eyes
Look up to the skies and see
I’m just a poor boy, I need no sympathy
Because I’m easy come, easy go
A little high, little low
Anyway the wind blows, doesn’t really matter to me, to me

[archy147] 01/6/2020 21:45

Lol good spot on DLAR Buffeyjnr

Should we be concerned by the institutional selling?

[buffettjnr] 01/6/2020 16:12

its simply the overhang.

the stock fell 80% with only 4% of the shares in issue trading. So now we have the bright sparks at Kabouter and one other insto selling.

And I look forward to the delightful chap from GLG who is short DLAR today, getting similar treatment in the not too distant future, from Menzies.

[archy147] 01/6/2020 12:31

Really irritated by this share.

This was my big recovery play for the air industry. The biggest losers will see the biggets gains when the recovery comes, right? Well not for MNZS so far...

Planes have stated passing over my house again, other travel related shares have shot up but here we're still lagging. Not happy, just hoping the bounce will come here too..

[paulof2] 01/6/2020 11:26

Not sure I’d say aggressively buying hasn’t been any TR-1 from them for a while.

I’ve just sold my position for basically break even, if this can’t rise even with the market and also with other travel related companies then perhaps it can go lower.