Metnor Share Discussion Threads

[welsheagle] 02/7/2005 22:00

From May's 'Company Refs', when price was 232p:-
a/ Prospective PE ratio of 11.3 (based on two broker forecasts, one recommending 'buy', and one with no recommendation).
b/ Forecast growth in eps of 34.5%.
c/ Eight directors recently buying.
d/ Price to sales ratio of 0.63.
e/ Turnover up from £39.2m to £66.3m in last five years.
f/ Cash flow of 15.5p per share.
g/ Gearing of -30.1%.

[welsheagle] 02/7/2005 21:59

From May's 'Company Refs', when price was 232p:-
a/ Prospective PE ratio of 11.3 (based on two broker forecasts, one recommending 'buy', and one with no recommendation).
b/ Forecast growth in eps of 34.5%.
c/ Eight directors recently buying.
d/ Price to sales ratio of 0.63.
e/ Turnover up from £39.2m to £66.3m in last five years.
f/ Cash flow of 15.5p per share.
g/ Gearing of -30.1%.

[whipround] 07/6/2005 09:53

Not quite sure, anytime now.

[welsheagle] 06/6/2005 20:52

Any idea when the AGM is taking place, Whipround.

[whipround] 31/5/2005 13:12

Looks like the marketmakers are short of stock, good timing when the AGM is due.

[alfwilson] 17/5/2005 15:59

0800

Given the smell the Rankin family seem to have created at ULG (re share selling immediately prior to profit warning) do you think this will have an adverse impact on MTG share price?

Given their record at ULG do you have any idea what they know that is not yet public which prompted buys at MTG? I definitely think that these are folk where it pays to pay attention ... stick close and follow their moves! On that basis I would have been inclined to buy MTG but for the potential fall out from ULG.

[whipround] 19/4/2005 14:38

Still on the upside, Metnor Group jumped 14-1/2 to 241 following news that four directors have snapped up stock for 587,100 stg - from ADVFN news

[whipround] 19/4/2005 12:49

Rumour is in house broker may issue a target price of £5.

[0800] 19/4/2005 11:32

Interesting to watch the two companies that the Rankins are involved with
Metnor and Ultimate Leisure(ulg)Seems the fortunes of one is the opposite to the other! Had shares in both now only Metnor

[whipround] 19/4/2005 11:29

Somebody told me it was in the mail as well, not that I would even use that paper to wipe my backside.

[m.t.glass] 19/4/2005 09:18

And the Independent:

"..Elsewhere at the small-cap end of the market, Metnor jumped 12.5p to 226.5p after a series of sizeable director share purchases. David Pinkerton, an executive director at the industrial group, led the way with the purchase of 110,000 shares at prices between 210p and 213p. There were also purchases by Robert Pratt, Alan Greenwell and Keith Atkinson, who together bought 166,000 shares within the same price range...."

mtg

[allstar4eva] 19/4/2005 09:08

Apparently comments on the director buys in the Times and the Express

[allstar4eva] 18/4/2005 20:56

Fair enough. The director buys appear to tell us all we need to know

[whipround] 18/4/2005 16:31

Sorry not really at liberty to say. But reliable.

[allstar4eva] 18/4/2005 15:59

Hi Whipround

Your comments about contracts pending; where did you hear of those?

Cheers

[whipround] 18/4/2005 15:51

Bought a few more today to top up

[allstar4eva] 18/4/2005 15:42

Nice to see Directors putting their money where their mouths are.

Shame markets are dire at the mo but should be some positive press comment tomorrow.

[maggiori] 18/4/2005 13:14

There's no doubt they had a difficult 2004, but looks like 2005 should be brighter, and the Director Buys are interesting indeed. Chief Exec optimistic - summed up by his comments re Final Results:

"I believe 2005 will see significant advances which should bring the profitability we all hope for and expect."

[whipround] 18/4/2005 12:07

number of contracts pending which could make this company grow very quickly, directors look like they might know some of these are in the bag.

[vs] 18/4/2005 12:00

Interesting. Concerted buying by directors after results... (Note: I've edited the layout compared to the RNS to make it a bit less confusing)

RNS Number:1751L
Metnor Group PLC
18 April 2005

Metnor Group plc (the "Company")

18 April 2005

Director's Shareholdings

The Company was today notified of the following director's dealings which took
place on 18 April 2005.

David Pinkerton purchase 110,000 (100,000 at 215p + 10,000 at 210p)
Robert Pratt purchase 105,000 (100,000 at 215p + 5,000 at 210p)
Alan Greenwell purchase 57,000 ( 50,000 at 215p + 7,000 at 210p)
Keith Atkinson purchase 4,000 ( 4,000 at 210p)

[whipround] 10/2/2005 15:05

I think I can smell a bottom. Just won a £8m contract off Harlequins

[whipround] 12/11/2004 12:29

Few rumours going around

[thesilentassassin] 05/11/2004 22:30

Based on the upward momentum in last 2 days worth looking at in more detail. Any Views?

[strudwick] 21/10/2004 09:06

Quiet board this one. MTG looks like a reasonable value/recovery situation. I bought a few this morning, not showing yet.

[lead_balloon] 14/4/2004 09:01

Its one off the few shares I feel comfortable holding long term, fairly tolerant of the market and still in an up trend. Going x-divi next month and AGM end off this, will see it above year high before long. IMHO