Mitie Share Discussion Threads

[alter ego] 07/11/2011 12:32

Mitie vans have not been seen in Italy nor Portugal nor any part of Europe so far as I know. Some employees may eat spaghetti or pizza though - does that count?

[factsonly] 07/11/2011 11:38

I agree the breakout potential looks really good, but like you said, I am waiting for the next bout of weakness.

What is MTO's exposure to Italy?

[thorpematt] 05/11/2011 09:42

I don't actually think it's about greece any more. It's more about Italy - watch the yields on italian gilts and you'll get a flavour.

I reckon there's too much political will on the table for the Euro to fails so I'm gonna buy on any panic.

This weeks IC has inflation beating income stocks feature.
MTO comes out top.

Lets be honest folks we know the fundamentals are awesome.
The chart has breakout written all over it.
and
What else do you want your stocks to be right now if not "an inflation-beating income stock".

[factsonly] 04/11/2011 12:52

Apologies, had to do 2 sell orders today, knocked the price back down a bit. I have faith in MTO, but wanted to sit on cash to see if I can get back in for slightly cheaper given the crazy market volatility.

[sleveen] 02/11/2011 19:22

none as far as I know.

[factsonly] 02/11/2011 14:45

Does anyone know how (very little) of MTO's revenue comes from Greece?

[blueboy6] 01/11/2011 15:59

sleveen - I agree, 240.0 seems to be holding for now stop is at entry 237.0. Depends how long this latest Greek disaster drags on.

[sleveen] 01/11/2011 13:23

TM

I had originally intended to hold longer term (6 months at least) but the current market turmoil changed my mind. I doubt PIs will do badly longer term with MTO.

BB6

you would need a tight stop as I think the market has latched on to MTO and once this current turmoil is past us, 300p may well be acheived in 6 months. IMHO.

GLA

[blueboy6] 01/11/2011 11:53

sleveen - Thanks, if 240.0 is breached and market shows no sign of improvement may go short (sreadbet) with a tight stop. Hoping it will be support to add, target 280.0 leading up to interims.

[thorpematt] 01/11/2011 09:17

sleveen,
I think I may have bought yours this morning - with the expectation of holding them for quite some time...

[sleveen] 01/11/2011 08:17

I've sold my holding today, with the expectation of buying back cheaper in a few days.

Blueboy6 well traded.

[blueboy6] 28/10/2011 09:42

Initial target 260 hit. Closed half of spreadbet (limit) + 23pips. Will add on any weakness or retracement.

[factsonly] 27/10/2011 22:32

IMHO volumes will be much higher hereon as the EU farce is resolved until early Feb at least anyhow.

[thorpematt] 27/10/2011 19:48

Yes steady as always really. The volume hardly excites given the breakout from resistance, so it's hard to get over-excited and to be optomistic for a quick surge to 280.

I suspect a little pullback may occur shortly but in the event I shall view it as a top up opportunity

[factsonly] 27/10/2011 14:02

Seems like the US markets are spoiling the party yet again.

[blueboy6] 26/10/2011 17:08

Aye another steady as she goes day, fingers crossed!

[sleveen] 26/10/2011 16:51

300p in due course :-)

chart now looking like a breakout, lets see if share price is supported at these levels

[sleveen] 26/10/2011 16:51

300p in due course :-)

chart now looking like a breakout, lets see if share price is supported at these levels

[factsonly] 26/10/2011 14:39

Whoah easy there - 300p might be a bit too much by 21/22 Nov.
I noticed that the amount of MTO stock on loan has been pretty steady, but is still quite high given its great track record recently... hope they (the shorters) get burnt.

[sleveen] 25/10/2011 16:46

interim report due 21.11.2011, I'm assuming good news whuch would take up to 300p in due course (without ramping too much :-))

[blueboy6] 25/10/2011 16:42

Fingers crossed. 260.0 is my initial target.

[factsonly] 25/10/2011 16:34

Seems like 265p is the next short term target and then 280p.

[blueboy6] 25/10/2011 15:35

Still holding steady over 240.0 for now. My money is on a breakout still for now.

[factsonly] 25/10/2011 13:31

Doh, darn market dipped

[factsonly] 25/10/2011 12:35

Breakout in the offing?