Mice Group Share Discussion Threads

[besbury] 19/1/2007 09:12

Thanks nilip. Just got them @ 23.75

Edit: Reduced my ave to 26.55

[nilip] 19/1/2007 09:11

23.5p

My trade has not shown yet - suspect MM's may not be revealing buys yet - looks to me like they are trying to invoke panic sells ?

I think that 75k is actually a buy but reported late because above NMS. (should be flagged with an 'L' but they don't always abide)

MM's will milk this for a while before we see a bounce.

[besbury] 19/1/2007 09:06

What price did you pay? If you don't mind me asking, as I have been trying to add 50k since open.

[nilip] 19/1/2007 08:58

The statement says it expects to make a profit of at least £6 Million - that could materialise to 6.5mln or 7.5mln or ... etc.

The share price has virtually halved from 45p in just a couple of mths.

This is still a good profit making company.

Looks overdone imo.

[verger] 19/1/2007 08:49

Not long ago we were hoping for 50p+; drift down to 30p seemed to fully account for frustrations and delays. A further drop of 25% seems overdone and just a reaction on the day to the news we all half expected.

[scburbs] 19/1/2007 08:47

jelfsie, You may have said that, but did you challenge my comments based on any information in the public domain? or alternatively did you share the well telegraphed signs with us? I can only go on what I know, which doesn't include insider information and currently I lack access to the well telegraphed signs, but I look forward to your explanation to help me avoid these nasty losses in the future.

[nilip] 19/1/2007 08:47

EVO and WINS have both ticked up.

Looks like 25p on the offer soon ?

bouncey, bouncey ...

[scburbs] 19/1/2007 08:45

MartinC, LOL! Always follow the advice of running your winners and selling the losers. Great advice, although you need now is to know which shares are going to be your winners and which your losers! As you bought MEG at 25p the jury is still out on that one.

[wiganer] 19/1/2007 08:44

I agree that the fall looks overdone and have gone long also. If it falls further will add more. 28-32p seems a reasonable target.

[jelfsie] 19/1/2007 08:43

Scburbs, as I said at the time, I thought you worked for their PR company when I read your comments at the interims. Looks as though I could have been right!. (LOL).

[scburbs] 19/1/2007 08:36

jelfsie, LOL! Your wisdom after the fact impresses me hugely. Companies share prices slide sometimes with good reason and sometimes with no good reason. Perhaps you can explain the well telegraphed signs that would help distinguish the difference between the two situations. Unless it is possible to clearly distinguish these cases the danger of selling low for no reason (when you should be buying) is huge.

nilip, could be a good move. Bear in mind 30% held by AXA and HSBC so their reaction is quite important to future move in share price. The size of their holdings makes dumping not really an option and if they do want to exit could increase the chances of a takeover, but that would be unlikely to be at a full price (although a nice gain for you).

[nilip] 19/1/2007 08:28

I've just gone long.

Fall looks way over done.

[ptolemy] 19/1/2007 08:25

MICE continues to fail to deliver high turnover into post-tax profit. It's had a credibility issue in the city for 4 or so years so this isn't too much of a surprise (though a disappointment for holders). Still, chin up - the order book is no doubt full!

[jelfsie] 19/1/2007 08:24

SteMiS, your post 1921 refers. Instead of of consoling yourself with conspiracy theories about insider trading maybe you should learn to read the signs a bit better. This was well telegraphed, even ignoring the huge slide in the share price since the interims (also a bit of a giveaway). Nonetheless, I hope your losses are manageable if you have been trading. Another lesson that the stock market's risk/reward ratio is a lot higher than we often assume.

[scburbs] 19/1/2007 08:16

Not pretty. As SteMiS says clearly leaked. Forecast PBT from £9.8m to £6m. The additional investment in central costs is not looking very sensible now and the massive pipeline doesn't seem to be converting very well. Very cheap after this, but a bit of a credibility gap has opened so appropriate to trade a discount. Need news on leisure sales soon and some positive contract news.

[stemis] 19/1/2007 07:51

Nice to see the news didn't leak into the market before the announcement....

Obviously the city boys got their mates out before the rest of us were allowed to know.

[besbury] 19/1/2007 07:04

Oh dear. More bad news.



Edit: And maybe a litttle good news.

[scburbs] 18/1/2007 15:11

Looks like I might have been a bit optimistic with £15m.

"MICE tipped to make non-core disposals
04/12/2006

MICE, the UK-listed marketing services group, has been tipped to make non-core disposals in the new year which could include Blackpool Zoo and some of its aquariums. The businesses would be estimated to fetch between £7m and £12m. Mice has a market capitalisation of £61m."

[simon gordon] 16/1/2007 15:11

With interest rates trending up, will this alter EPS forecasts going forward?

[boadicea] 16/1/2007 15:06

scburbs - I agree, a sale of non-core assets would be preferable to a placing if
core growth requires further capital. Also that at present, with rising interest rates, either method of debt reduction/control would be preferable to higher borrowing. My thoughts above were being guided primarily by the search for an explanation of the recent apparent weakness in the share price

[scburbs] 16/1/2007 14:33

Besbury, probably someone who wanted the £1-1.5m p.a. of profits in exchange for dealing with all the attendant problems!

[h4rsh2] 16/1/2007 14:13

M J is looking for a zoo...but I don't think he has the money!!!

[besbury] 16/1/2007 14:00

I agree with you recommendation scburbs, but who in their right mind would want to buy a Zoo? With all the attendant problems: Health & Safety, Animal Welfare etc. not to mention the needs of the visitors. It must be an absolute nightmare.