Mouchel Share Discussion Threads

[howdlep] 16/2/2012 12:40

18p next resistance point

[strutt12] 16/2/2012 12:26

And there was me thinking I'd paid too much @ 10.6p

[paragon157] 16/2/2012 12:22

This is starting to warm up nicely now !

[johncraven] 16/2/2012 10:55

I think £10 in a few years is a conservative pediction if they there stays at 112m shares in issue.

(-:

[dazzaa] 16/2/2012 10:15

Pikey


Clearly one glass too many last night but the point being they are (I think) going to be worth substantially more as the company recreates itself as with Premier Foods and Johnson Press they also could be seen as potentially profitable.

[howdlep] 16/2/2012 08:25

I wonder what that Cloud contract (see guardian link above) is worth to MCHL?

[pikey01] 16/2/2012 07:07

Dazzaa, you're right. Plus or minus 4million (ish) has never bothered mouchel before. LOL

Math not your strong point either? For a £10K investment to be worth £1M it would need to go up in value 100-fold. Are you seriously suggesting these shares will trade at £10+ within 2 years? Really??

[dazzaa] 15/2/2012 22:32

What's a million "ish" at this level give the share 2 years,think long term, £10k spent now, will be worth £1m or more, think ahead !!

[pikey01] 15/2/2012 19:49

Plus the extra million plus they are swapping for debt.

But who is counting :-)

[skinny] 15/2/2012 17:00

112.37 million but who is counting :-)

[paragon157] 15/2/2012 14:10

Lol..Yes good point !

[johncraven] 15/2/2012 13:39

so there are 110m shares in issue and 3.5m shares traded today! Quite some volume considering the market capt.

[mulebraker] 15/2/2012 10:24

Coming back sharply, good news- maybe they bought Greek Bonds on the cheap?

lol

[howdlep] 15/2/2012 10:23

yep breaking out. Start looking towards that 18p target....

[johncraven] 15/2/2012 10:17

big buys coming in well above the offer about to explode upwards.

[howdlep] 15/2/2012 10:17

premium now being paid for 100k. This is beginning to look interesting

[howdlep] 15/2/2012 10:11

buying continues and I would expect 11.5p to be broken shortly. Then watch momentum really pickup and move this towards that 18p initial target. Then I would be happy to see a little bid speculation. In the meantime, let management continue their work and turnaround this business, winning new contracts and cutting costs were necessary.

[howdlep] 15/2/2012 08:24

Lots of newsflow to come and momentum is building. I am looking for a break of 11.5p and an intial resistance target around 18p.

[sally 1] 15/2/2012 00:39

WE ARE IN GET OUT FAZE AT PRESENT. MANY INVESTORS ARE MAKING MONEY AT THE MOMENT AND ARE GRABING THERE PROFITS INCLUDING SOME GUTTLESS FUND MANAGERS. WELL F..K THEM. THIS STOCK IS THE RARE BREED THAT WILL REALY REALY REWARD THE BRAVE THERE IS A LOT OF HARD WORK GOING ON BEHIND THE SCENES AND OUR MAN GRANT IS .REALY GOING FOR IT.HE IS ALL OVER THE WORLD AND I MEAN ALL OVER THE WORLD WORKING HIS BUTT OFF.ANYWAY DONT LOSE YOUR NERVE GOOD THINGS WILL COME.

[htrocka] 14/2/2012 21:50

With the HS2 role and the above contract.....confidence is returning to MCHL. Never mind Costain or Interserve....with awarding the afore mentioned projects the Government themselves are backing MCHL. These contracts would not have been awarded without the Governments blessing, ie, approval.(my opinion only of course)

[whoppy] 14/2/2012 16:20

Extract below from the NI Assembly. Looks like they are going ahead with the £330m A5 improvements and Mouchel are party to providing client advice throughout the 3 year construction phase.

14 February 10:30-11:30am
Session: 2011/2012
Date: Tuesday, 14 February 2012

ISBN: Only available online


Ministerial Statements:
Financial Allocations

The Assembly met at 10.30 am (Mr Speaker in the Chair).

Members observed two minutes' silence.

Ministerial Statements
Financial Allocations
Mr Speaker: Order. The Minister of Finance and Personnel wishes to make a statement to the House.

Mr Wilson (The Minister of Finance and Personnel): Thank you, Mr Speaker. I welcome the opportunity to update the Assembly on the outcome of the Executive's deliberations on how to address the financial consequences of the Irish Government's decision to materially revise their funding commitment to the A5 and A8 road schemes.

As Members will be aware, the Irish Government had committed to providing a total of £400 million towards the completion of the A5 and A8 road schemes. Nearly all that funding - £378 million - was to be provided in the 2013-14, 2014-15 and 2015-16 financial years. The difficult economic circumstances facing our Southern neighbours are well known, and, in that light, the Irish Government have now revised their contribution to £50 million, which will be spread evenly over the 2014-15 and 2015-16 financial years.

The Irish Government's decision to materially reduce their original contribution clearly left us with no choice but to reconsider how to take forward the capital investment in the affected years. In considering how best to respond, the Executive were particularly mindful of the need both to balance the allocations against the regional impact and to consider how best to maximise the economic and social impact of the revised allocations.

Against that background, I am pleased to announce that the Executive have now agreed to commit funding for the following projects within the next four years. There will be an investment of £330 million to upgrade two sections of the A5: that from Londonderry to north of Strabane, and that from south of Omagh to Ballygally. Secondly, there will be £57 million - [Laughter.]

Mrs Foster: Ballygawley.

Mr Wilson: Arlene Foster has tried unsuccessfully to correct my pronunciation of that area. I thought that I had it right, but anyhow. Linking east and west is an idea. There will be £57 million for the A2 Greenisland road scheme; £105 million to take forward the A8 Belfast to Larne dual carriageway; £28·5 million towards the next phase of the Altnagelvin Hospital refurbishment; and £63·2 million to allow acceleration of the new Omagh Hospital and phase B of the Ulster Hospital.

[johncraven] 14/2/2012 11:31

Some serious buying now 500,000 buy order at 10.5p and level 2 showing:

1,252,000 buy orders and only 450,000 sell orders and the sell orders are practiacally all market makers lol

[johncraven] 14/2/2012 10:22

yes it will be rising 5p+ per day soon!

[wooster4] 14/2/2012 10:12

primed for takeoff!!