Mountfield Share Discussion Threads

[jakleeds] 01/2/2018 11:17

People getting bored and selling out. Should be an update any day now hopefully...

[mikeh30] 24/1/2018 08:52

Trading statement in the next week or so?

[jakleeds] 23/1/2018 21:18

Nice to see it rebound today on that 200k buy

[mikeh30] 23/1/2018 16:15

Moves in both ways on any volume

[microscope] 23/1/2018 15:02

MMS quick enough to drop the bid, less keen on cutting the offer! Realise can buy inside spread but typical. Set myself a price target to dabble a few, but not in any rush.

[jakleeds] 22/1/2018 09:36

They issued a trading statement on the 7th of March last year and on the 8th of Feb the year before. I suspect they’ll be keen to get something out sooner this year given the marked improvement in trading.

[wedward] 16/1/2018 15:00

The only problem with this share is that does seem to be a persistent seller. I may be wrong but my feeling is that he/she (being politically correct) may be almost finished he/she has been around a long time now. If that is the case and the company announce good results which again after a year of good contracts and hopefully more to come, then there is a good chance that the share price should have a decent up lift around 3p should not be too much of a problem. The first step would be to brake the 2p barrier on the bid side and hold it... Time will tell and as most of us have come to realise this is not a trading share more of an investment

[mikeh30] 16/1/2018 12:14

Small and steady is usually the way here. Price does move fast on small buys

[microscope] 16/1/2018 12:08

Nice to come across a sane thread with measured posts. :) If I do buy won't be price moving, as only a small player, and I usually start small and try to build a position over weeks or months. Not really paranoid about attempting to buy the bottom, but then again getting the best reasonable price on valuation has to be a factor. Bit more research and hopefully a starting stake sometime soon. Bit strapped for time this week but like what I've seen so far.

[mikeh30] 16/1/2018 11:57

Decent amount available at the moment (about 750000 at 1.85) if you wanna take them :)

[interceptor2] 16/1/2018 11:53

Hi microscope, the company started to restructure during 2015 and have been strict so far in only taking on higher margin work, and have also managed to turnaround the MGB division from loss making to achieving worthwhile profits in 2017. The situation with contract wins does seem more positive now, just have to be careful about buying here after any contract win or positive RNS announcement, so far the price and spread increases on initial buying only to pullback later once the seller appears. A situation that won't last forever.

[microscope] 16/1/2018 11:24

Thanks mike. Yes cash would be the main concern, I've got more than them (nothing a visit to the shop won't even out!) but they seem to be on good terms with the bank 'won't need another rights issue' I saw somewhere. Also they seem to have some at year end, whereas both the last interims have had a big fat zero. Hasn't taken away my interest as I think their contracts look half decent as long as margins are reasonable

[mikeh30] 16/1/2018 07:38

Doesn't look as though we have any ties either with CLLN which is good news.

[mikeh30] 16/1/2018 07:09

- Cash position improved as per last update- spread can vary here depending on amounts. 1.85/1.83 - 1.7/1.73 yesterday- when volume picks up spread narrows considerably

[microscope] 15/1/2018 21:18

Just taking my first look here, seems decent potential turnaround story, but a fair bit of work required on the balance sheet. Do seem to be winning contracts to underpin them though. Reading the posts, seems to be a seller around but the long term chart looks encouraging. Interested! PS: What is the spread like, anyone?

[molatovkid] 12/1/2018 16:11

Are you guys going all in on this or what? No-one seems to sell ! LOL!

[jakleeds] 11/1/2018 16:18

Another 50k buy - is that you dan ?

[jakleeds] 11/1/2018 16:04

Tick up on a 50k buy ? Nice .. plenty more to come methinks ...

[a2584728] 11/1/2018 09:44

There is talk of them winning another project with ISG. Will find out more if I can

[jakleeds] 11/1/2018 09:31

2 million traded yesterday and diddly squat so far today ...

[jakleeds] 10/1/2018 15:18

Over 2 million traded. Bodes well imo ...

[gleach23] 10/1/2018 15:00

It'll be a buy - don't think anyone has been able to sell @ 1.865 today. Price ticked down due to the 158k sell on NEX @ 1.775. Still good demand online though - can sell 500k @ 1.735.

[jakleeds] 10/1/2018 14:53

400k - buy or sell ? Guessing a sell as the price has ticked down...

[jakleeds] 10/1/2018 11:40

750k sale by the looks of it? Price holding up well though...