Mouchel Share Discussion Threads

[paragon157] 20/2/2012 00:14

htrocka

Yes totally agree a very good point !

[whoppy] 19/2/2012 18:10

pikey, no wasn't me, I don't know anything about Costain. I only deal in facts and what I know. I'm not into ramping or deramping, haven't got the time or inclination.

[htrocka] 19/2/2012 18:10

I cannot over emphasise the point that MCHL's value is ascertained by the fact that they are still eligible to pre-qualify for work up to 2bn pounds...irrespective if they win the contracts or not... This makes them a value asset to any potential bidder who wishes to enter this area of the market and why contractors such as Costains, Interserve...and a few other contemporaries have an interest as to the outcome of MCHL's future. What they don't want is a 'new kid on the block'ie...that's a take over of MCHL by a non qualifying entity. (MY OPINION ONLY)

[paragon157] 19/2/2012 10:50

We also have some Results soon here on the Horizon don't we ?

[johncraven] 19/2/2012 10:20

Thiger its the most up to date list from the website put into a spreadsheet but does not include Fridays rns. However it just shows how tightly held most of the shares in issue are and the potential for big moves upwards.

[mishmash2] 19/2/2012 09:50

Who needs a takeover until comp is turned around when thats happened were all winners

[pikey01] 19/2/2012 08:17

It's an old list.

The point missed about Henderson selling is that 2-3 weeks ago someone on here told us that Henderson buying was a *sure sign* that Costain were bidding as "Henderson were buying for Costain" - were that even remotely true, they wouldn't have sold no matter what "profit" they might have made - their end-game (in this fantasy) was takeover. Whoppy, were you the fantasist that time as well, or was it someone else?

Anandi, this must be the third or fourth time you have told us about your £12/share offer, and it is a better story with every telling I can assure you. Keep it up, some mug will believe you next time. LOL.

[thaiger] 19/2/2012 00:18

Johncraven...where did you obtain the list of major sharholders?!!

[anandi] 18/2/2012 16:57

That may be the case but if you could control shares in this way it would certainly restrict the number of freely traded shares and, perhaps, the number of shares you would need to acquire in a hostile takeover.

[barnes4] 18/2/2012 16:30

dont be silly it is a scam

[anandi] 18/2/2012 16:25

I've been approached on a number of occasions by an American company saying that a client would like to buy shares as they want to undertake a hostile takeover. The sum of £12 a share was mentioned and you had to sign a document saying that you wouldn't sell the shares for 6 months which would remove those shares from circulation as why on earth would they purchase the shares at that price when they could get them on the open market for substantially less. Initially they asked for my husband as the shares were initially in his name so must be working from an old list.

[johncraven] 18/2/2012 16:06

whoppy I think you are correct in theory due to all the buying. It could well be the case as every sell of has been bourght back even more strongly, i.e. Fridays sell off. Looks good for a strong rise again Monday - roll on next week!

[dazzaa] 18/2/2012 15:14

I tried to purchase 100k's worth on Thursday by cfd route using City Index via Selftrade but told they were unavailable and would only close existing positions.

Would I be correct in saying that major shareholders could, do, lend some of their substantial holdings without disclosing the fact.

[whoppy] 18/2/2012 15:00

Johncraven, Heard it at work. As i have said before the bidder has been buying shares. Market know's nothing about it other than someone has been buying MCHL shares. All they can figure out is if someone is buying then something good must be happening so they are prepared to let it rise. Note Schroders has stopped selling down, probably because they know someone is buying big. They were selling down from 20million and hold 13,290,395. Henderson had 6m and sold 1m pobably to the bidder, but they bought their 6m last month and are not silly but just taking a decent profit with more to come. I figure the bidder will get to 30% and declare a T/O. Just look at the volumes in the chart..you can see the interest. The main buying started in January. Before that the high volume were Schroders selling and the price dropped.

[johncraven] 18/2/2012 14:54

whoppy where did you hear that?

[whoppy] 18/2/2012 14:51

Nice big bowl happening here..tested the 90mda. 35p to the 200mda and then onto a 100p with a golden cross about to happen with 30mda crossing 90mda.
Note the increased volumes at the bottom of the bowl.

[htrocka] 18/2/2012 14:32

It amazes me that MCHL are STILL linked with the 'big boys'...and still qualify to compete with them on tenders....down to 'the short list'...a lot of contractors fail to pre-qualify to make this list.

[whoppy] 18/2/2012 14:01

I heard that Peter Fraenkel want to buy Mouchel for £1.

[johncraven] 18/2/2012 13:42

List of major share holders below:

Schroder Investment Management 20,349,125 18.11%
M & G Investment Management 7,945,647 7.07%
Barclays Stockbrokers (EO) 7,142,319 6.36%
HSDL, stockbrokers (EO 6,802,035 6.05%
Hof Hoorneman Bankiers 6,329,256 5.63%
TD Waterhouse, stockbrokers 5,277,402 4.70%
Self Trade, stockbrokers (EO)5,035,823 4.48%
Hargreaves Lansdown 4,289,205 3.82
Legal & General Investment Management 4,150,223 3.69%
Standard Life Investments 4,092,299 3.64%
HSBC Private Bank 4,012,100 3.57%
Henderson Global Investors 3,458,997 3.08%

So few shares in floatation and with the above holdings and as paragon157 says may not even need a rights issue with no mention as to what I can see. If that is the case then 50p is easily achievable.

[paragon157] 18/2/2012 11:29

"If" there is any potential Rights issue/Placing on the horizon I reckon they will be looking to do it at a considerably higher share price than the current one !

[spot1034] 18/2/2012 11:24

It could be that some are selling in anticipation of the forthcoming rights issue/placing, freeing up funds and knowing they will soon have the chance to buy more at a fixed price.

[johncraven] 18/2/2012 10:55

Mish - Someone must have bourght alot more as the price has risen, If henderson had just sold the price would have gone down or at very minimum stayed the same. With Henderson out the way Mouchel share price could double again next week.

[mishmash2] 18/2/2012 10:47

Henderson have sold a load ok but someone must have bought them for the price to rise