Menzies(john) Share Discussion Threads

[buffettjnr] 05/6/2020 18:15

At least double where it is now. And then it can add another 150p if we get some “good news”

[jock363636] 05/6/2020 17:40

2.50 for me

[rastamouse] 05/6/2020 17:30

What's the price target here??

[burn248] 05/6/2020 16:51

Seller will clear eventually, look SHI Seller held it back for week now storming ahead.Same will happen here eventually .

[buffettjnr] 05/6/2020 16:48

100% ✅ ✅ ✅ it will do a Countrywide

[kaos3] 05/6/2020 16:40

good vol. just takes time. it looks shares will change owners at this level and then up it goes. few more days and done with them. last holding RNS they had cca 4.6 mil on the 3rd of June. now 3 or 4 trading days had passed with a vol above 1.5 mil. important is we have a big accumulator who is interested in further gains - meaning higher SP

[buffettjnr] 05/6/2020 16:38

Absolutely. Kabouter isn’t out. Yet.

[burn248] 05/6/2020 16:22

Got to be a seller in the background,

[jock363636] 05/6/2020 15:48

Manipulation ... nothing more nothing less

[rastamouse] 05/6/2020 15:41

Flat on a massive Blue Day!!What is holding this back??

[buffettjnr] 05/6/2020 15:27

Staff numbers have fallen from 33k to 8k. Most countries have had furlough schemes or have cut them. No issues so far. I think the management team acted quickly to cut.

[kaos3] 05/6/2020 15:08

In many (most) countries can not be fired just so. It takes time and it costs. That is why was so good that they did some of restructuring last year.

any info what % of the workforce is unionized?

[buffettjnr] 05/6/2020 15:02

Costs are highly variable! 60% are staff costs which have been cut commensurate with revenues.

[kaos3] 05/6/2020 14:10

sig on a run - good to see that the sector is moving. air travel too

[kaos3] 05/6/2020 13:51

was doing some research about airborne transport. this is rough and would be very inerested in links about more exact data. what interestd me is how much of the traffic is a MUST transport (I put in business, freight and some personal).

first - GDP is highly correlated with the airline revenues almost 100 %

cca 25 % is freight
12 % is business (but high revenue)
my estimation is cca 10 % is a must family travel
equals cca 50 % is a MUST

rest is volatile depending on the economic situation.

meaning that MNZS will soon be at cca 50 - 70 % capacity utilization. I expect that cca 20 % of the revenue will be lost short term (this year).

on the other hand costs are mostly fixed (long term contracts) meaning that this year there could not be a prosperous year. but as this business is a cash cow - and in a year or two it could be back to normal - this share is hugely undervalued imho

what I wanted to know is - can they cover cash costs - I think barely - but that is an achievemt imho specially if they will be charging some extra for their CV19 related additional services.

[pooltowerpower] 05/6/2020 11:54

Westminster Group 10.9p £17.4m (AIM:WSG) The supplier of managed services and technology-based security solutions worldwide, has conducted a successful trial of its fever screening solutions in association with Menzies Aviation and their client, Air France, at Stockholm Arlanda Airport. Using the Westminster fever screening solution, Menzies Aviation will continue to conduct operational trials with Air France and other clients' flights' over the coming weeks in order to fine tune an effective delivery to this added layer of safety and security. Feedback from the first live trial was extremely positive with all passengers screened as they presented their boarding passes at the departure gate. The trial at Stockholm Arlanda Airport is Westminster's first trial at a Scandinavian airport as it looks to widen its client database and airport presence.

[jock363636] 05/6/2020 11:52

Maybe a good time to top up ?

[buffettjnr] 05/6/2020 10:06

Agree Jock. Although they are getting carried out

[rastamouse] 05/6/2020 09:47

Only a matter of time before this catches up.Airlines will be open by September.

[birdinthehand] 05/6/2020 09:46

Hi all; new to this share - do you think its being held back by the seller named on the almost daily RNS notifications - at this rate they will be sold out soon. Maybe then we will align more strongly with the airline stocks - this hasn't bounced in proportion at all.....yet. Good luck.

[rastamouse] 05/6/2020 09:44

Gap to fill then up again to £2

[jock363636] 05/6/2020 09:40

Heavily manipulated stock by shorters. It's a bloody disgrace

[buffettjnr] 05/6/2020 09:05

Given where airlines stocks have moved to, I cannot believe Menzies still has a 1 handle. Bizarre. Can’t help but feel for the genius at Millennium who shorted it last week 40% ago. Lols! Best he covers soon before his losses double.