Mouchel Share Discussion Threads

[mulebraker] 29/3/2012 08:03

"hope money" on an share price rarely lasts long.

[spot1034] 29/3/2012 08:02

If they can raise fresh capital without going down the debt for equity route, they are surely more or less obliged to do so in the interests of shareholders. My guess is that there will be a large placing & open offer with new investors coming on board and existing holders given the chance to participate fully.

[pug151] 29/3/2012 08:01

They have a debt they will create new shares they will use the money raised to reduce debt and interest please the banks and then be back in position to bid for BPO contracts share price reduced by dilution but raised by hope

[stuart37] 29/3/2012 07:57

no mention of a debt for equity swap anywhere

[crosswire] 29/3/2012 07:49

All options are being evaluated to address the capital structure of the Group. Options include a significantly dilutive equity raise.

[knigel] 29/3/2012 07:42

Only had an quick look and there does seem to be a four point strategy on turning round the business...banks remain supportive but D4E looks a cert.

[mulebraker] 29/3/2012 07:37

Hard to believe that this bod is still extant after turning down the last offer.

[htrocka] 29/3/2012 07:27

interims are out and all is as expected..

[pikey01] 29/3/2012 07:27

Borrowings up £10M (to £104M from £96M) and losses up £10M (to £11.6M loss from £1.5M loss) against half year 2011.

Not really the glowing half-year report we were expecting is it?

Heading back to 5p today I would expect.

[htrocka] 28/3/2012 19:04

This time last year....let's see (tomorrow) if they got it right,




Cuthbert, Chief Executive of Mouchel Group plc, commented:
"It has been another challenging period for Mouchel. Our clients have been impacted by the tough economic climate, leading to cuts in capital and maintenance programs and a decline in spending, which has negatively affected our performance. Furthermore recent corporate activity has been an unwelcome disruption to our business. We are nevertheless trading broadly in line with our expectations.
We also announce today that we are no longer in talks with Interserve and have decided it is not in shareholders' interests to proceed with Costain. Although we can see some benefit, in the current environment, from being part of a larger group, the significant integration risks and the prospective valuation meant that we were unable to recommend the transaction to shareholders.
We remain very confident in our prospects as a stand-alone business. We have a focused strategy, established market positions and great client relationships. We will continue to play a leading role in transforming essential services and sustaining vital infrastructure across the UK public sector and in selected overseas territories. In an environment where all of our clients are facing the challenge of delivering higher quality services more efficiently, it is clear that our skills will be increasingly in demand and this underpins our long term, positive outlook."

[dugganjoe] 28/3/2012 18:05

is he charlie brown's brother

[sally 1] 28/3/2012 16:45

THANK GOODNESS ANDY BROWN VALUES MOUCHEL AT 35 P HE IS THE BEST CONSTRUTION ANALYST OUT THERE BY FAR. I WISH I HAD TOOK MORE NOTICE OF HIM WHEN I WAS THE LARGEST PI IN COSTAIN, ANYWAY I AM CONFIDENT .

[pikey01] 28/3/2012 14:06

it's all made up, riddles.

Nothing more to it than that.

[riddles55] 28/3/2012 13:01

Sally, how do you get the figure 35p? Still learning how to price shares atm

[sally 1] 28/3/2012 12:10

THIS IS JUST HOW IT SHOULD BE.KNOW ONE KNOWS WHAT IS COMING TOMORROW;IT APPEARS THAT EVEN THE MM;S HAVENT GOT A CLUE. I GIVE GRANT RUMBLES FULL CREDIT FOR NOT GIVING IT AWAY.REALY LOOKING FORWARD TO FINALY GETTING ALL THE UNCERTAINTY OUT OF THE WAY SO WE CAN FINALY REACH 35 PENCE IN THE NEXT FEW DAYS OR SO. NO I;M NOT JOKING.

[paragon157] 28/3/2012 12:07

Lol .. I thought we had already had the Funeral here a bit back at around 5/6p ?

[the corpse] 28/3/2012 11:08

I fear the worst,..rigor mortis is about to set in tomoz!

RIP!!!

[crosswire] 28/3/2012 11:01

In 2009 Mr Brough backed Mouchel's management when it decided to reject a 294p per share offer from VT Group.

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Bunch of greedy *ankers, for not excepting that offer!!

[pikey01] 27/3/2012 15:00

If they'd won it the news would have been posted here 75 times... ;-)

[paragon157] 27/3/2012 14:49

Lol .. Mr Pikey .. What's one contract ? .. It's a bit like Fishing {You should know with a name like that} There are potentially 100's/1000's of Highways Contracts probably coming up for grabs very soon .. Have you seen the current state of the UK Roads ?

[pikey01] 27/3/2012 11:17

Ringway Infrastructure Services Ltd chosen as preferred bidder, displacing long-term highways partnership contracts with Amey Lafarge JV and Mouchel, which expire at the end of September. Hertfordshire CC.

[paragon157] 27/3/2012 09:38

Well said !

[htrocka] 27/3/2012 06:32

With ref to the above post....what strange people run this world...who comes out with entities such as DS,EY,DG,YSG,CI.....look closely,,,none of these apply to MCHL...they have NO divi...yet we get a HOLD Recommendation...We best leave a large space on this thread for his next write up....after the results.