Menzies(john) Share Discussion Threads

[bigbigdave] 10/5/2021 16:02

MNZS on linkedin.....Exciting times lie ahead for Menzies in Latin America – on 14 June Tomeu Mas will take up the post of Senior Vice President for our Central and South America region.

This is a key market for us and Tomeu will be leading a great team across the region to drive our strategic growth ambitions. Already this year we have been expanding in Mexico as a result of contract wins with American, Delta, Wingo and Air Transat.

Tomeu is hugely experienced and his roles in the past have included a successful spell managing our largest airport operation in the world at Heathrow.

[dougmachin] 07/5/2021 13:02

AGM next Friday?
Or is my name John Snow?
DM

[nurdin] 05/5/2021 13:15

Puzzles me why they dont announce such news through RNS...is it not material?

[buffettjnr] 05/5/2021 12:46

Wow. Missed that. Thanks BigbigDave

[bigbigdave] 05/5/2021 12:26

Menzies Aviation, the global aviation logistics specialist, today announces that it has been awarded full-service ground handling agreements by Flair Airlines, Canada’s only independent ultra low-cost carrier, which will further expand Menzies’ partnership with the airline to encompass nine of the 19 stations in its domestic network

[buffettjnr] 05/5/2021 12:25

Your earnings number is too low. It will do close to 50p in my view.

[aishah] 05/5/2021 12:09

Added today. Fcst PE this yr of 13.2 falling to 8.43 next. PEG of 0.233 followed by 0.668 giving plenty of scope to expand imo (Stockopedia figures).

FD bought £119,600 worth of shares in March:
17/03/2021 BUY Alvaro Gomez-Reino FD 40,000 @ 299.00p

[livewireplus] 28/4/2021 11:08

That was two of us being flippant then :-) so where do they keep their hip flask ?

[netcurtains] 28/4/2021 09:37

I was being facetious as everyone knows the operators keep their sandwiches under the radar not their share certificates.

[buffettjnr] 28/4/2021 09:36

This will be at 700p in 12 months

[livewireplus] 28/4/2021 09:31

It's still radar at airports for taxi, take-off & deparure ...

[netcurtains] 28/4/2021 09:01

ps thats under the GPS in modern speak

[milliecusto] 28/4/2021 08:34

Very much under the radar currently, seems to have been an urgency this morning

[queenbreguet] 27/4/2021 16:10

Off to the races again

[buffettjnr] 23/4/2021 13:22

Not missing a thing

[dougmachin] 23/4/2021 13:07

Just buy more at the discounted price. lol.

[dougmachin] 20/4/2021 05:36

This was the main article in The Momentum Investor over the weekend.
It was confirmed the previous month, which is maybe why not such a big rise yesterday, with subscribers, like me, buying in over the past month already.
This info's already been tweeted and subscribers have had a day to buy in.
DM

[boozey] 19/4/2021 23:13

Thank for your thoughts BJ!

[buffettjnr] 19/4/2021 22:49

They are executing very well. When travel recovers they will be earning a normalised 48-50p EPS. For a business executing, can I dream and say, 12-15x earnings is realistic? There are far worse businesses on higher multiples of earnings.

So let’s say a conservative 12x 50p = 600p.

Then, enter buyout offers at a premium, and I can’t see a number below 700p per share being acceptable.

A double from here...within 2 - 3 years max. We might get it much sooner.

[boozey] 19/4/2021 22:23

I have a good holding here and averaged up over the past 6 months, and Director buys along the journey from the CFO have provided confidence for the future along with the steady stream of positive RNS contract wins. And I believe an exit is the likely end game in the next couple of years. What are your mid terms views buffettjnr?

[buffettjnr] 19/4/2021 21:27

I doubt it. I notice they normally include contract wins in trading updates. Perhaps we can call it an “edge” which doesn’t exist in larger, well-covered companies?

[boozey] 19/4/2021 20:07

Nice post Buffettjnr - RNS tomorrow?

[buffettjnr] 19/4/2021 15:41

hxxps://theloadstar.com/menzies-steps-up-growth-trajectory-with-major-contract-win-in-miami/