Mitchells & Butlers Share Discussion Threads

[washbrook] 17/12/2003 08:54

XD this morning dividend 5.65p pay 16.2.2004

[onlyonestorm] 10/12/2003 15:51

A SEA OF RED!!!!

AND 2 GREENIES

STORMY

[neilavery] 10/12/2003 15:46

Sorry, just having a red day!

[spinvest] 10/12/2003 15:34

neilavery,

They declared what they were going to do ages ago, so no complaints please.

[neilavery] 10/12/2003 15:33

A nice divi (E* Trade) but a reduction in shares, so I will have to pay broker's fees to top up again. That's a real bargain!

[onlyonestorm] 10/12/2003 12:55

Cheers adam - I have just kicked BARCLAYS

STORMY

[adam] 10/12/2003 12:44

i received special divi on time
settled stock in cheque form arrived 8th
unsettled stock in CREST deposit form also arrived 8th.
Kick your broker up the ass.

[washbrook] 10/12/2003 12:25

bigboyo
re:5.65p dividend
xd is 17.12.03.
Info from company secretary,which I just phoned.

[onlyonestorm] 10/12/2003 09:56

Thanks bigboyo - yet another Welshman, well 2 of us anyway!

STORMY

[bigboyo] 10/12/2003 09:24

yup recived a nice fat credit to my crest account

the next ex div date is 19 dec for 5.65p I think ( subject to agm approval )

is this when we will see specifics of the buy back

[onlyonestorm] 10/12/2003 09:06

Has anyone received the "SPECIAL DIVI" yet? My paperwork said on or around the 8th Dec, just curious at the moment!

Cheers

STORMY

[onehanded] 04/12/2003 07:56

The share price will start down but if the market see's the last 8 weeks sales up 4% as a recovery then it may hold it's own. Don't forget the market look forward rather than back.

[onehanded] 04/12/2003 07:51

DIVI ok but results not that great. More likly now than ever to be a target for takeover. Expect company to start share buybacks as not much it can do to grow as the moment. Expect a WEAK opening but recover later.

[washbrook] 04/12/2003 07:29

Financial Highlights - Pro forma

- Turnover up 2% to £1,513m
- EBITDA flat on 2002 at £374m
- Operating profit down 5% to £275m
- Profit before tax down 1% at £199m
- Net operating cash flow £241m up £106m
- Earnings per share down 0.1p to 18.4p
- Final dividend per share 5.65p

[neilavery] 03/12/2003 17:13

washbrook,
I agree with your sentiments regarding the company but, just for interest, I've been looking at a possible h&s that has a neckline that runs between mid July (at about 220p) and two places in October (at about 225p), with shoulders at approx 240p (see above charts). If my reasoning is sound, then the activity yesterday confirmed that there is strong support at the point I mentioned, and we should see some upward motion from here.
Neil

[francisafac] 03/12/2003 11:02

washbrook
could it be that its mab buying their own shares they can now do it .that would be good news.

[washbrook] 03/12/2003 10:21

I am trying to buy at web rates but since the consolidation on Tuesday the little guy isn't gettng a fair crack of the whip.
Plenty of big institutionall buys going through.
If you want to buy you can buy over the odds at 228.8p but institutions are getting them at 228p I'am annoyed.

[washbrook] 03/12/2003 08:37

neilavery
Interesting the left shoulder at 13.5.2003 at 233p is the same as the opening at 233p yesterday,they are almost equally spaced from the top at 258p on 14.8.03.
We have plenty of support at 220p.
Is it worth bothering, my view is that this is a solid stock with good business plan.

[neilavery] 02/12/2003 14:03

JakNife - I don't think the neckline of the head & shoulders has been breached yet. If it is breached, I can see a bigger drop than you're anticipating; maybe 200p. I'm hoping that it will bounce from the neckline (about 226p,227p) especially with the new shares being subscribed to.

[neilavery] 02/12/2003 13:52

Will the sale of the new shares appear on this site? If so, there is no evidence of a large number of sales - in fact trading is not excessive.

[onehanded] 02/12/2003 13:47

Yes thats true should be around £2.38p. So expect some upside in the next few days, trouble is results in 2 days time clouds the issue. Strong buy on my books at theses levels with caution of extreme volitile of price over the next weeks. Not for the very short time buyer!!!

[onehanded] 02/12/2003 13:14

Now is the time to buy below £2.30 , topped up earlier. No massive drop effect from divi and will get to £2.38p in the next few days.

[francisafac] 02/12/2003 08:47

cheers washbrook my maths are not that good