Mountfield Share Discussion Threads

[molatovkid] 09/10/2017 08:06

As good as this is, I'm expecting a lot more.

[ileeman] 09/10/2017 07:54

almost £8million contracts landed in the last couple months almost twice the cap, yet price has not really moved.

Opportunity to load up before market wakes up.

4p target.

[jakleeds] 09/10/2017 07:54

Early indications suggest we open at 2.35p....

[kingkongtimmo] 09/10/2017 07:48

If I can buy under 2.2 today id be very happy. Surely sub 2p is a distant memory now.

[ileeman] 09/10/2017 07:47

Nice.

2.2p yearly resistance will get smashed today and then the rerate is on. No resistance until over 3p.

[allstar4eva] 09/10/2017 07:47

Yep. Been a frustrating hold this one but today should be a good day!

[jakleeds] 09/10/2017 07:46

Not a chance first thing.. may be a pullback later. Although I think we have finally kissed goodbye to 2p

[cfro] 09/10/2017 07:45

Ha! lets hope for a dip first thing so i can top-up! :0)

[someuwin] 09/10/2017 07:43

Excellent news.

Should double from here before long with all these new contracts.

[interceptor2] 09/10/2017 07:36

Well done Jackleeds, I know where to ask about any anticipated news now :o)

Will be an interesting day!

[mikeh30] 09/10/2017 07:34

Must be a takeover target. £20m doesn't seem so far away

[molatovkid] 09/10/2017 07:30

Good point timmo, the Board have really grabbed this company by the balls, turned it around and its really kicking in now.

Better still, they are winning new business from existing clients which indicates they are doing a quality job and on time.

[rivaldo] 09/10/2017 07:30

Fantastic news - got to be worth a substantial amount on the share price in itself.....

[kingkongtimmo] 09/10/2017 07:28

Normally I'd expect the MMs to try a shake but they've held it back so long now, especially with the two wins last week, that I'm expecting fireworks today. 100%? Wouldn't be out if he question and you could still argue under fair value. Superb news, bod have stuck to their promises entirely and some, how many companies on aim can say that?

[jakleeds] 09/10/2017 07:23

The previous large contract started with a value of £4.5m and ended being worth over £6m if I remember rightly.

[jakleeds] 09/10/2017 07:22

Mountfield Group plc Substantial Contract Win for CAF
Intraday Mountfield Chart

Intraday Mountfield Chart
09/10/2017 7:00am

UK Regulatory (RNS & others)


TIDMMOGP

RNS Number : 0058T

Mountfield Group plc

09 October 2017

9 October 2017

Mountfield Group Plc (the "Group")

And its subsidiary Connaught Access Flooring Limited ("Connaught" or "CAF")

Substantial Contract Win for CAF

The Directors of the Group are pleased to announce that, further to the half-yearly report announced on 12 September 2017, Connaught has been awarded a significant contract to supply and install raised access flooring and associated products for a major City of London office development.

The contract has been awarded by a global construction and fit out company from which Connaught has previously won, and successfully delivered, a number of contracts. The Directors believe this contract is for one of the largest flooring installations planned in the current market in London.<</I>;

The contract works (which are scheduled to commence in October 2017 and run for approximately 12 months) have an initial sales value of circa GBP4m including negotiated project variations to date.

Andy Collins, MD of CAF and Group CEO said that:

"Winning this contract is another major step in the development of Connaught. It underlines our status as one of the very few commercial flooring companies in the UK that major construction companies and developers will trust when choosing a specialist able to take on a complex project of this value and which has the proven ability to produce a very high quality product within a tight time schedule."

[mikeh30] 09/10/2017 07:21

Good timing king Harold

[jakleeds] 09/10/2017 07:20

Oh yes . Fantastic . But let's all be honest, we all were a little concerned that just maybe they'd not win it after making the announcement in the half year results.

Got to be worth 4 - 5p now imo surely.

The market hates uncertainty and so that was what I think was holding the price back to some extent. Immediate start as well.

[molatovkid] 09/10/2017 07:08

Yeah baby....the big one drops.

A £5m market cap business wins a £4m contract and a previous number of smaller deals worth £4m in the last month or 2.....you dont need to be a genius.

[susiebe] 09/10/2017 07:06

jakleedsSpot on!!

[jakleeds] 08/10/2017 20:52

£4m+ contract to land first thing in the morning ? Would be a great start to the week !

[ileeman] 06/10/2017 13:48

Strongest I have seen the bid in a long time, can sell 500k in one hit above 2p.

But can also buy over 500k aswell.

[a2584728] 06/10/2017 12:37

I'm here chaps watching with bated breath for the breakout. I have to say feeling a little more bullish. One more RNS and could be off to races lol