Mouchel Share Discussion Threads

[skinny] 08/12/2011 10:24

Prudential down to 7% from 8%.

[dealy] 07/12/2011 12:08

I always thought Andy Brough from Schroders was an ignorant pig. Very stubborn as well. His judgement is any better than an ordinary man on the street.

[goliard] 07/12/2011 09:58

With the amount of inside info the directors are undoubtedly now in possession of it is highly unlikely that they can buy shares. I am not talking about a bid, but just all the finance conversations. I think it is highly unlikely they could buy even if they wanted to.

[deanroberthunt] 07/12/2011 09:42

oh yeah forgot about that!!! what a waste of money.

[the_beagle] 07/12/2011 09:42

The directors involved with the bids are long gone. Time to write that episode off and look optimistically to the future with a new BOD.

I made plenty out of MCHL at the time of the action, lost some of it in the 90p range waiting for a recovery, and then bailed out, still well in front.

I bought 100k at 10.45p a week or so ago, saw them up to 18p, sold a good percentage at a small profit and kept some for the ride.

It's early days in the Boardroom but I'm convinced that the future for shareholders is bright. Funds permitting I will buy back to my previous level asap. Leave the gloom behind!

[dealy] 07/12/2011 09:40

true.
still, we don't know what BS the management fed them. And as for the advice costing 2.5m - give me a break.

[deanroberthunt] 07/12/2011 09:33

cos they knew they'd be out of a job if they were taken over, so they visited the self preservation society....

[dealy] 07/12/2011 09:30

and they convinced 50% of shareholders that those bids were too low.

what a bunch of idiots.

[deanroberthunt] 07/12/2011 09:23

dealy,

indeed.

[dealy] 07/12/2011 09:18

one thing i have noticed is that none of the "troubled" stocks have risen during this recent rally. Money managers are probably taking the view that there is no need to buy risky shares when there are so many dirt cheap blue chips out there.

[the_beagle] 07/12/2011 09:16

It's taken just £7k of A trades to knock us back 10%. As I said before as long as M and G are sellers the shorters will have their way with us. Some directors' buys would be appropriate, but maybe they are all sitting in a meeting and sorting out some nice juicy share options, at a rediculously low price. Just a thought.

[deanroberthunt] 07/12/2011 09:13

maybe they are in the throngs of a placing? or similar....market always knows in advance of us mere mortals.

[dealy] 07/12/2011 09:07

what's with the new low? Financing ok, new chairman, markets rising.

New low at this stage doesn't seem to make sense.

[deanroberthunt] 07/12/2011 09:07

The Directors and Peeps Disposing Management Responsibilty need to get buying their own stock if they want to instill some confidence.....cos if they don't think it's cheap then noone else will.

[bubble pricker] 06/12/2011 17:36

yeah, so everybody is free to deal at whatever price two parties agree. Why then the silly rant by Beagle about "why do MMs do this?".

[abcd1234] 06/12/2011 16:46

its a mixed order book, both DMA , and MM's

[bubble pricker] 06/12/2011 15:17

The Beagle, what market makers? Mouchel Parkman is traded on SETS. Do you even know what that is?

[the_beagle] 06/12/2011 15:16

M and G reduced by another 850k. When they shift the rest we will see a decent rise imo.

[paragon157] 06/12/2011 14:59

Really .. Hardly anything is or looks True anymore in this Crazy Mickey Mouse Jack *hit Financial World we live in these days ? .. Lmao at it all

[deanroberthunt] 06/12/2011 13:58

be very careful when something looks too good to be true.

[the_beagle] 06/12/2011 13:48

With a market cap of £11.5 million even a one for one rights issue at 10p would raise a meaningless amount vis a vis the company debt.

The debt has however just been re-negotiated and no repayment is due until February 2013.

We have a decent order book, much reduced overheads, enough working capital and a brand new BOD.

Providing they are not hampered by further take over approaches, I think they will do a good re-build over the next few years. On any sign that they are defenceless, I think Costain or another will step in with a cheeky take out bid.

Overall it looks a winner to me.