Mitchells & Butlers Share Discussion Threads

[Abuse team] 21/3/2006 17:54

Post removed by ADVFN

[saltedcrab] 21/3/2006 07:34

INDIA OUTSOURCING SERVICES PLC
('India Outsourcing' or 'the Company')

Strategic investor increases shareholding



India Outsourcing Services plc (AIM: IOS), a company formed to capitalise on
acquisition and investment opportunities primarily in the Indian business
process outsourcing market, is pleased to announce that it has received
notification that Wheddon Limited ('Wheddon'), an investment vehicle associated
with Vincent Tchenguiz' Consensus Business Group ('CBG'), has subscribed for an
additional 1,000,000 ordinary shares of 10p each in the Company at 50p per share
in a private placing. This placing brings Wheddon's total shareholding to
1,312,500 shares, equivalent to 13.85 per cent of the Company's issued share
capital. The new shares will be admitted to trading on AIM on 24 March 2006.



Wheddon, which initially invested in India Outsourcing in September 2005, is a
strategic investor in the Company.



Over the past few months the Company has been working with Consensus, Vincent
Tchenguiz' venture capital arm, to identify opportunities where India
Outsourcing could provide offshoring solutions to Consensus' portfolio
companies.



Amit Pau, India Outsourcing's Chief Executive, said: 'I am delighted that
Wheddon has decided to increase its shareholding in the Company and that we
continue to work closely with Vincent Tchenguiz and Consensus to provide some
innovative and value adding offshoring opportunities.'

[deanforester] 13/3/2006 18:19

Nice little rise today. Brought this one up to be able to watch developments with R20.

[deanforester] 13/3/2006 17:56

No, read the R20 RNS and the response by MAB.

[darias] 13/3/2006 15:12

SEC Deregistration

RNS Number:6624Z
Mitchells & Butlers PLC
13 March 2006


Mitchells & Butlers plc

The Company announced on 13 April 2005 that it intended in due course to examine ways in which it might terminate its registration under the US Securities Exchange Act of 1934 (the "Exchange Act"). It did so because compliance with the Exchange Act involves considerable expense and commitment of management resources, which are considered to be out of proportion with the benefits obtained by the Company and its shareholders.

At its AGM on 2 February 2006, the Company's shareholders voted in favour of
adopting an amendment to the Company's Articles of Association to limit the
number of US residents holding ordinary shares in Mitchells & Butlers plc in
order that the Company could be satisfied that the number of US resident holders (either directly or through nominees) is fewer than 300. This is necessary in order for the Company to deregister from the US Securities and Exchange Commission (the "SEC").

The Company has now determined to invoke this provision and accordingly,
disposal notices, requiring certain US resident shareholders holding not more
than 20,000 shares to transfer their holdings to non US holders, will be
despatched this week. Subject to legal, fiduciary and regulatory requirements
and costs, the Directors expect to take account of the relative size of the
holdings of US resident shareholders and apply the power first to those US
resident shareholders with the smallest holdings of shares. It is expected that
this process will be completed during summer 2006, thus enabling the Company to
deregister from the SEC.

Following deregistration from the SEC, Mitchells & Butlers plc ordinary shares
would continue to be listed on the Official List of the UK Listing Authority and to be traded on the London Stock Exchange's market for listed securities. The Company therefore would continue to be subject to the legal, regulatory and
governance requirements of the UK market.

For further information please contact:

Victoria Penrice (Head of Secretariat) 0121 498 6514
Erik Castenskiold (Head of Investor Relations) 0121 498 4907

[vinitraj] 13/3/2006 14:58

What is the reason for share price rise today?

[darias] 13/3/2006 14:29

Well it has taken its time but our purchase at Christmas appears to have come good.

[onehanded] 12/12/2005 18:59

Hope you all got in to MDW, look at this after tradeing statement

Company Mediwatch PLC
TIDM MDW
Headline FDA and CE approval
Released 16:32 12-Dec-05
Number 5342V



RNS Number:5342V
Mediwatch PLC
12 December 2005


12 December 2005

British medical company announces FDA and CE approval on its new Multiscan
product

Mediwatch UK Limited (AIM: MDW), the high-tech medical diagnostic equipment
manufacturer and supplier has received FDA and CE approval on it's new
Multiscan, a complete, portable urological diagnostic platform, providing
clinicians with a variety of key measurements assessing bladder and prostate
function.

These approvals will allow Mediwatch to sell the Multiscan into the USA, Europe
and other countries around the world covered by these approvals.

With increasing life expectancy and an ageing population, prostate and bladder
problems are among the fastest growing health concerns encountered by doctors
today.

The ground-breaking MULTISCAN provides clinicians with mobile, real-time,
ultrasound imaging, accurate measurement and organ volume calculation of the
bladder, prostate and kidney.

Central component of a complete urological assessment system, the MULTISCAN can
be a compact, all-in-one, stand alone diagnostic device or the main element of a
diagnostic system, linking other devices which are manufactured by Mediwatch
enabling clinicians to tailor investigations and improve patient throughput.
Integrated Bluetooth enables wireless connectivity to facilitate state of the
art communications and patient reports.

Said Mediwatch CEO Philip Stimpson "With the sales and marketing agreement
signed with Medtronic Inc for the USA and other countries around the world
obtaining FDA and CE approval is another milestone reached in the growth of our
company where our technical expertise meets the demands of new screening
techniques designed to diagnose disease areas at an earlier stage. Thus saving
on costs hospitalisation and more importantly time, offering a better
opportunity for an improved lifestyle for patients".

For more information please contact Mediwatch CEO Philip Stimpson on
01788 547888

Also log on to our website www.mediwatch.com

[onehanded] 09/12/2005 11:28

Still hold 20% of my original holding which I never sold, till today. Been a good stock with divi but need money to reinvest in MDW. Which I did today. Hope any holders get more rewards but I'm fully out. Keep any eye on MDW. Going to make in big in 2006.

[7buttery] 09/12/2005 11:18

Somethings brewing.

[ck9] 21/12/2004 15:34

Why did you remove it nilip?

Hot off the press :

Special Email to Value Investor Subscribers

By Stephen Bland (TMFPyad)

Dear Subscriber,

Mitchells & Butlers (MAB)

I advise that readers sell this share immediately following its recent strong rise. The shares went ex dividend earlier this month so those selling now will still receive the dividend of 6.65p payable in January. Sell at any price over 320p.

The reasons I am calling a sell are that the value has largely evaporated. The P/E is around 15, yield 2.8% and it is now trading just above book.

[petersmith6] 06/12/2004 19:26

but they have started the share buy back

[onehanded] 06/12/2004 17:59

Yup good results and mab sell options funny that, may well return under £3 soon.

[rara] 01/12/2004 12:00

Good results and good share rise.

LONDON (AFX) - Bar operator Mitchells & Butlers PLC said it is more likely
to focus its future site acquisitions away from the highly competitive UK high
street, in suburban areas where it has experienced better growth and a better
balance of supply and demand.
"Because we have a preference for freeholds -- and freeholds tend to be much
more concentrated in residential areas than in the high street -- we tend to
have a bias towards the residential areas," chief executive Tim Clarke told
reporters on a conference call.
He was speaking after the group, which manages bars under brands like
O'Neill's, Harvester and All-Bar-One, announced a 100 mln stg share buyback
programme alongside better-than-expected full year results.
Clarke said M&B chose to return cash to shareholders following a year which
saw strong trading across the group, and cash generation from some disposals.
Looking ahead, the group will continue to evaluate the balance between
acquisitions and ways of re-investing cash in the business, "and where
appropriate, undertake whichever of those avenues which best maximises value for
shareholders," Clarke said.
"We're very very selective at what we look at buying," he emphasised.
The group reported a 21 pct rise in EPS to 22.2 pence for the year, as well
as a 7.5 pct drop in pretax profits before exceptionals, to 184 mln stg -- which
nevertheless beat analysts forecasts of 178-180 mln stg.
M&B said its performance continues to be underpinned by food and drink
across its stable of pubs, though it added that sales in Central London had
picked up in the second half, thanks to an increase in post-work drinking.
Turning to current trading, Clarke said the sales momentum has been
maintained in the first 8 weeks of the new financial year, despite a strong
comparative period, which included the Rugby World Cup.
However the group said the outlook for wider consumer spending is uncertain.
In response to this morning's figures, analysts at Brigdewell Securities
lifted their recommendation to 'neutral' from 'underweight'.
Merrill Lynch analysts reiterated a 'buy' stance and raised their price
target to 330 pence, following the good start to the trading year,
top-of-the-range results and the share buyback announcement.
"These results confirm that M&B's strong presence in the suburbs coupled
with its targeted promotion tactics continues to deliver positive results,"
Merrill said.
At 9.15 am, shares in Mitchells & Butler were trading 8-1/4 pence higher at
311 pence.
[e-mail]

[onehanded] 25/11/2004 09:23

As a founder member I have sold all my holding from £2.20 -£2.30 range and taken the profit at £2.96 this week. Just have a feeling things may turn against them. May be wrong but banked it. Bought some ssl and christmas shopping the rest. Take a profit my advice.

[0800] 20/8/2004 18:14

My information is that they are having a torrid time with sales, and having poor customer care will only make that worse. Maybe this is why the price is on the way down.
I was in one of their 'premium' brands (Ember Inns) food poor, service as bad, pricing high.
Time to move on

[cappagh] 16/8/2004 13:13

Perhaps this company would do better
if they look after their customers!
My wife, daughter, sister-in-law, niece,
brother-in-law and his friend went for
Sunday day dinner at one of MAB Inns.
My wife was charged adults price for my
daughter because she was 10 years old.
If they want to drive families away
thats the way to do it.

[fredrick james] 15/8/2004 18:29

Anyone know why the dividend is quoted in the press at 29.7% but 2.2% on the ADVFN fundementals ?