Mouchel Share Discussion Threads

[dugganjoe] 08/3/2012 15:50

broker forecasts make poor reading

no profit for years

massive debts too that need refinancing

gla

[traidemark] 08/3/2012 14:52

bullish cup and handle on the chart,

within an uptrend so the spike will be strong,

30p next stop

150K delayed buy just gone through, showing as a sell.

[howdlep] 08/3/2012 14:21

Close to breaking out

[wooster4] 07/3/2012 10:27

what are all these 100 trades at full ask over last week or so??

[taxislags] 07/3/2012 10:23

pikey

Mouchel will use the HA info within their tender for the Sheffield work. do you not know how these big tenders work?

are you actually in these or what. you seem to be obsessed with sub 10p, but ever since your post on 18th feb the price has kept going up.?????

You clearly have no idea do you.

[skinny] 07/3/2012 10:09

From of last month, are AMEY still a quoted company?

[pikey01] 07/3/2012 09:52

It would be interesting (and maybe even slightly relevant) if Sheffield had anything to do with the HA. But it doesn't. So, sadly, it isn't. :-)

[taxislags] 06/3/2012 20:44

'Carillion and Mouchel were among the top scorers in the Highways Agency new START supplier selection process with scores of 137.4/180 for Carillion and 138/180 for Enterprise Mouchel. This bodes well for the Sheffield Highways PFI where Carillion/Mouchel are up against Amey who scored 112/180. Interestingly the top scorer was Costain with 139.7/180. Interserve was second bottom with 70.7/180.'

This is fairly old news, but to put things into perspective for the upcoming decision on the big Sheffield contract things seem to be getting VERY interesting, especially on today's performance of the share price holding itself during an awful day on the world's markets.

[whoppy] 06/3/2012 17:01

Yes steady as she goes..it could be seen as a bit of a safe haven for your money. Healthy pipeline of work with some recent wins. Some juicy contracts coming up, new management with a healthier outlook and the possibility of a takeover as an added catalyst. Goldmans would be looking at offers and advising accordingly..imo. What will they do, stick with it and turn the tanker around gradually or sell on at a reasonable price and let someone else push the business forward. Could be reluctant to tap up shareholders. Getting some of your money back with a 100+ offer may ease some of the pain but if you believe in the company then averaging down at these prices if funds allow would seem sensible.

[wooster4] 06/3/2012 16:14

doing pretty well amongst all the carnage today!!

[htrocka] 05/3/2012 22:14

mouchel/Carillion on the short list....prefered bidder to be announced April 12th.

https://www.sheffield.gov.uk/roads/schemes/streetsaheadproject/latest.html


'BIG'....you've got laugh...you can bet your life both Costain and Interserve (with revenues of 1.872bn in 2010 for Interserve) where up for this one, the biggest PFI in Britain.....and neither made the short list...this is why MCHL are so valueable....and a threat to both....because MCHL out bid them both and pre-qualified....

[anandi] 05/3/2012 20:19

When is the result of the Sheffield contract due?

[htrocka] 05/3/2012 19:54

never the less...MCHL...are eligable to pre-qualify for 2bn pound contracts.....that makes the "big"

[htrocka] 03/3/2012 13:44

A rights issue at these prices means that they'd have to offer 6p to 8p for each share held....that would raise circa 8m quid...probably enough to fill up the company cars for a month. There are only two options,ie, a good set of results and continue on a 'stand alone' basis...or merge.....I'm happy with iether,

[spot1034] 03/3/2012 10:35

They still have a huge amount of debt, and in the absence of an early sale of the entire company a fundraising is almost inevitable - hopefully a rights issue which gives existing holders a chance to invest more if they wish. (I think that would be the least they could do for shareholders in view of the way value has been destroyed after several perfectly reasonable offers for the company were turned down.) A rights issue or placing/open offer could well come sometime in March. Frankly, I hope this is what will happen. With a significant amount of the debt repaid and with other equally significant cost savings which they might be able to find within the business, the future for MCHL could be bright with the potential for a lot of upside over the next couple of years. It would be a real pity to see it sold off now for pennies and someone else get all the benefit of a recovery.

[knigel] 03/3/2012 10:13

It depends on whether you like higher risk shares? IMO MCHL is over the worse and there is pently of upside but any shocks and it will be back down to sub 10p. DYOR and good luck!

[htrocka] 03/3/2012 10:13

krp...The decision to buy is yours alone.... all the information is here on the boards...do some research. This is not an advice centre...we just try and post a few comments and facts....good luck

[krp10] 03/3/2012 10:09

Hi I am new to this share. Is it a good time to buy or its better to stay away. Thanks in advance..

[htrocka] 03/3/2012 10:03

The ousting of Hoare-Govet implies that MCHL, in hind-sight, would have/should have rejected their advice...and gone through with a merger or buy out. ...(my opinion only)


with ref to time scales...The Interims at the end of the month will be the catalyst...when the numbers are out in the public domain...( hopefully followed with 'directors buying' post results and closed period)

[targatarga] 03/3/2012 09:00

htrocka - i look at goldmans as the defense team. We could see a management buyout or even multiple bids. I don't expect wild fluctuations in the share price as any rise will be sold into immediately by goldmans traders[sic]. Timescales are extremely difficult to gauge. my opinion only...

[htrocka] 03/3/2012 08:51

just to get back briefly to my previous post of 3259


quote..(from Dec 2009)
'It added: 'The board has discussed these approaches with its advisors and has unanimously rejected them.'


ref..
Read more:



Which begs the question?

.... A spokesman for a Institutional Investor (it's recorded on this board some where) stated that he was furious that the company had rejected the final 135p bid offer....I was under the illusion that the major shareholders would decide the outcome of approaches made to the company. That was a mistake. The final decision, although made by the board, was strongly influenced by the Advisors Hoare-Govett.It's ironical that ever since that fatefull decision, Hoare-Govet have lost clients hand over fist, which infers they got it wrong...and probably their demise began with MCHL's approach rejection decision.......which begs the question.... ('yes' I understand that a NOMAD is a legal requirement but) why have the 'big guns' such as Goldmans been bought in?

[htrocka] 02/3/2012 11:31

related item..

[htrocka] 02/3/2012 10:34

'2 years and 3 months ago they were offered 250p a share for the company'


What amazes me is that these share price estimates quoted in the past were based on 'Due Dilligent' scrutiny....by the same people who carry out financial results on behalf of both IRV and COST.....amazing?

[traidemark] 02/3/2012 10:11

Both offers came from rival VT Group, valuing Mouchel - which also handles outsourcing of government services - at £281m, or 250p a share.

2 years and 3 months ago they were offered 250p a share for the company

27 months ago, now the shares are 15p, what must they be thinking.