Mitie Share Discussion Threads

[smraynot] 19/11/2020 08:25

Wait until after the conference call at 09.30 we will turn blue.+10% close imhho

[farrugia] 19/11/2020 08:19

All in all I think its a fair update and I'd want to get back in at some point. Just wanted to 'protect' the 5k profit in the short-term after a good run.

[stevieweebie2] 19/11/2020 08:14

ps.
I actually think it may even end up Blue today, lets see.

[topnotch] 19/11/2020 08:13

Farrugia >> Did say yesterday, your comments sounded like a death sentence

[farrugia] 19/11/2020 08:10

I got out as i thought it might be a better update - but will definitely get back in at some point. This was the sentence that I didn't particularly like '£166m deferred payment of VAT, National Insurance and PAYE under HMRC's 'Time to Pay' initiative'

[stevieweebie2] 19/11/2020 08:05

Not so Fantastic but I bought decent chunk on the bell at 40p and im happy with that. tuck away for the SIPP>

[topnotch] 19/11/2020 08:03

Hmmmmm, ticked down on opening - that was unexpected

[smraynot] 19/11/2020 07:20

FANTASTIC NEWS 🚀🚀🚀🚀8640;

[the count] 18/11/2020 23:17

--->ALL

Evening all. Thought I would pop in and say hello.

In for an initial starter tranche of 25,000 shares today. Only started researching the company yesterday... following an investment in Capita.

Agree with posters who see this as a recovery play from here with multibag potential. Let's see what the results bring in the morning. Hope for a further positive reaction then, but if not, will buy more on any weakness.

Spoken to a friend in the company... they really see the Interserve acquisition as a great deal, and they believe they have it at a fantastic price.

Regards,

THE COUNT!

[smraynot] 18/11/2020 18:17

We will tomorrow and more 🚀

[easwarareddy] 18/11/2020 18:13

We did it! 50p by close

[farrugia] 18/11/2020 16:52

Mitie shares rallied on Tuesday after the Competition and Markets Authority approved its acquisition of Interserve’s cleaning and maintenance business.

Mitie announced in June that it was planning to buy Interserve Facilities Management for £271m to enhance its position "as a leading UK facilities management company".

Earlier this month, Mitie revised the terms of the acquisition, reducing the price by £81m.

The deal is subject to a shareholder vote that will be held on 23 November.

[farrugia] 18/11/2020 16:51

Mitie wins £56m deal with Magnox

[farrugia] 18/11/2020 16:26

haha I'm taking the chance! shall we cry or laugh? I have a good margin of safety here.

But what I particularly like here is the involvement of directors - they have a lot of shares bought at much higher levels - i.e. self-interest at stake. This is very much opposed to Capita where their updates were depressing - it was obvious they have nothing to lose.

[topnotch] 18/11/2020 16:24

Sounds like a death sentence...

[farrugia] 18/11/2020 16:12

Almost 15 minutes to go lads - last chance!!

[farrugia] 18/11/2020 15:19

i have 60,000 of these beauties. Last hour for the trading news update of tomorrow

[eddie2297] 18/11/2020 15:11

I'm holding.

[farrugia] 18/11/2020 14:49

last couple of hours to take a trade based on the update for tomorrow!

[topnotch] 18/11/2020 14:35

Hmmm, far more stable able 40p than CPI was

[smraynot] 18/11/2020 14:08

Cracked it!!! 🚀🚀🚀🚀8640;

[smraynot] 18/11/2020 12:57

Gathering momentum early!!

[smraynot] 18/11/2020 12:44

You will see top.🚀

[topnotch] 18/11/2020 12:27

How late?

The ones from 1945?