Molins Share Discussion Threads

[zoolook] 05/3/2012 12:49

> Molins is by far the best engineer today.


Redhall still motoring too

[zastas] 05/3/2012 11:01

The target now must be seen as at least 150 ; and some will no doubt sell a few then. Then the MMs can pause... and inhale some well-earned nicotine outside .... made with MLIN's machines.

[zastas] 05/3/2012 10:56

It just keeps going. Then again, there are not that many shares, only 20M.

Even more remarkable , it's on a general down-day of the market; Molins is by far the best engineer today.

The spreads are again wide , to discourage buyers.

[s34icknote] 05/3/2012 10:01

looks like a good graph to me!

[battlebus2] 05/3/2012 09:35

Still a lot of buys coming in at 137 :))

[steeplejack] 05/3/2012 08:34

Wouldn't be surprised if these paused for breath.

[simonh88] 04/3/2012 10:03

Here is the said DS article:




Turning to my own trading efforts, I could not resist topping up my holding in Molins (MLIN) after reading through last week's latest financial update. The company produces tobacco and packaging machinery and offers product testing services to consumer goods manufacturers. The company's 2011 earnings were up sharply even after factoring out the effect of some one-off items. Even better, it is optimistic about its future and has just increased its dividend.

Current valuations are quite low with the city calculating a price-to-earnings (P/E) ratio of around 6.5, based on expected 2012 earnings. The shares have been in a rising trading channel for the last two years and if last week's results are a guide, I expect the rising trend to continue.

I also believe that Molins offers significant hidden value not yet reflected in the current share price. Tobacco testing regulations in the US are changing. Responsibility was recently assigned to the US Food and Drug Administration. The agency is setting up a testing programme which will require tobacco products to be evaluated on up to 96 potentially dangerous chemical compounds.

Molins should benefit once the FDA testing protocol is published later this year. It produces testing machinery and also performs actual tests for several tobacco companies.

Stock market historian David Schwartz is an active short-term trader writing about his own trades

[simonh88] 04/3/2012 01:35

Tipped by DS! excellent news. He keeps doing it with another of my favs, Carclo

[battlebus2] 03/3/2012 12:50

I wouldn't say Molins was illiquid by any stretch. Easy to buy in 10k or even 20k sums and the spread is mostly around 1 or 2p.

[dugganjoe] 03/3/2012 11:42

Funny how David Schwartz likes to tip illiquid stuff....

[battlebus2] 03/3/2012 10:40

Should be another healthy day on Monday then.

[cockneyrebel] 02/3/2012 19:30

Tipped by David Schwartz in the FT:



CR

[battlebus2] 02/3/2012 18:41

Big pat on the back Tiger lol.

[castleford tiger] 02/3/2012 18:34

Amazes me nobody...........well not many fancied this when i was buying sub 50p.

All thought i was mad!!

Tiger

[battlebus2] 02/3/2012 16:51

Very fair but very optimistic, I've a target of £1.50 which is very achievable.

[simonh88] 02/3/2012 16:51

Good, steady progress this week, but surprised that the main daily rises happened 2 & 3 days after the results were announced.

My initial target was £1.30 but I'm going to raise that to £1.40 now which I think could be achievable over the next month. The £1.50 mark might be a big barrier to get across mind you.

[zastas] 02/3/2012 16:20

I think that about 200 pence could be about right, but we may never get there...It keeps crawling up though.

That would be about a forward P/E of 10, with cash of about 35 pence per share, and about 3% divi. About fair me thinks

[zastas] 02/3/2012 14:43

Well, it's alorra fun to watch it. The chart even starts to be parabolic.. a bit like the silver charts did a while ago...

Never mind, at some point it will stop again , and a drop back will occur. But for now the MMs seem to be struggling, to get enough sellers that is.

I've looked on level 2 and the MMs are the only bids and offers. Just now the spread was widened, usually a sign of imbalanced selling or buying. The offer was pushed out to 132, to try and dissuade buyers by balking at paying the reported spread. And only small sizes listed, used to be 5-10.000, now as low as 1k by some.

[s34icknote] 02/3/2012 13:06

Opps ! Cash for Free. Bit like owning MLIN shares as they rise!

[s34icknote] 02/3/2012 13:05

Probably 10 times forward PE with 38 p cah for free !

[thorpematt] 01/3/2012 23:07

Thanks for those links chaps, very useful.

Based upon all the info. to hand I reckon 220p is about right.

[battlebus2] 01/3/2012 19:54

A long way to go if you value it on P/E.