Mountfield Share Discussion Threads

[bio_tango] 11/5/2018 08:25

Just waiting for that second background buyer to join in. NT for even 200k now.

[a2584728] 11/5/2018 08:18

Ssshhhh don't say a word

[jakleeds] 11/5/2018 08:16

Thanks to Bio_tango on LSE :

Summary notes :

Mountfield Group, Ticker: MOGP Current MCAP: �3.8million; Shares in issue: 254million; Shares not in public hands: 55% Area of Operation: Provider of flooring systems to main contractors and corporate end users Specialises in the nationwide installation of data centres and wind turbine projects Client List includes Vodafone, Mace, ISG Plc, Skanska, 2BM, McLaren, BP, HP, Linklaters, Merrill Lynch, Reed Smith, BBC, Standard Chartered Bank, UBS, Henderson Global and Unilever Diversifying customer base and more recently, been negotiating contracts overseas. Financial: Over �11million of contracts announced since August 2017 Net profit before tax for the first half of 2017 was �305k. Net profit for the period YE17 (12months) is likely to exceed that achieved in both the first half of the year to 30 June 2017 and the second half of the year to 31 December 2016. Noticeable improvement to the Group's working capital position as they target higher margin contracts Other Notable Points: Directors hold a significant portion of the shares and hence, interest aligned with shareholders. Resolution to convert �3million of Loan notes to Founder Shares approved at previous AGM. Founder shares redeemable if aggregate consideration arising on a sale of company/entities, exceeds �20million. Board meeting with brokers to raise company profile and detail significant progress achieved since restructuring. Nice gap on the chart above 3p

[jakleeds] 11/5/2018 08:11

Good start but I expect to see more today ...

[mikeh30] 10/5/2018 21:12

There was a 65k share sell on nex to trigger the 5% dip. Basically a fishing expedition by the mms. All it did was trigger the late reported buy

[bio_tango] 10/5/2018 21:03

There was even an attempt to frustrate some into selling by dropping bid to 1.45p. I was expecting them to drop the bid further to acquire more shares. As I mentioned before the trades appeared, I believe we have attracted a background buyer. It will get interesting if another background buyer joins the mix as well.

[gleach23] 10/5/2018 20:35

OK thanks for the info re the 200k limit. I couldn't check the Offer side in quantity in the account I was using but a quote for the smallest of quantities was @ 1.68 on the 3 or 4 times I checked over the course of the day.

Since the amount on the Bid had been 300k all day I thought someone may have got a better price for the same quantity due to the late buy.

Just explaining my reasoning. I think sometimes I over try to over analyse trades but it can be useful for minnows like MOGP. The fact is, whether it was a buy or a sell, @ 1.59 one can see the positives either way!

[mikeh30] 10/5/2018 19:47

Couldn't get a quote for over 200k shares today at any point and bid was at 1.53 for most of day so pretty sure they were buys

[gleach23] 10/5/2018 19:11

Well I hope you're both right...and hopefully there'll be a clue in the share price tomoz

[mikeh30] 10/5/2018 17:40

I agree both buys for sure

[jakleeds] 10/5/2018 17:11

Well, the best results they have had for years are just around the corner...

[bio_tango] 10/5/2018 17:05

I reckon they are both buys, Gleach. The 300k was being filled during the day. That meant the 205k guy had to pay full ask. Send an email to the board and ask them about feedback following their first road show meeting :)

[gleach23] 10/5/2018 16:46

Interesting couple of trades late in the day. It looks like the 206k buy @ 1.7p facilitated a subsequent sale of 300k @ 1.59 but could be wrong.

[gleach23] 10/5/2018 13:13

I think so too bio_tango - let's hope you're right. I notice some volume has suddenly returned on Bid quotes - can sell up to 300k @ 1.53p

[bio_tango] 10/5/2018 13:07

MOGP is about to shift gear. Reckon we will see a background buyer appear shortly.

[mikeh30] 08/5/2018 08:56

Results within a month and contracts due from mbg and caf.Let's see some blue

[dan de lion] 04/5/2018 09:29

Just bought a few @ 1.587p.

[gleach23] 03/5/2018 11:28

Just for the record, as is typical with MOGP, one sale yesterday of around 100k changed the picture.

One can now buy up to 300k shares @ 1.64 and up to 350k @ 1.7
One can now only sell 150k @ 1.5355

All a bit beyond me but at least we're going in right direction and I'm happy to wait for results and possibly contract news ahead of that. We know how it shifts when prompted.

[gleach23] 02/5/2018 15:37

Can now buy up to 350k but it'll be at the full ask of 1.7. Can still sell over 500k at the now higher price of 1.53

[gleach23] 02/5/2018 15:30

Just 100k shares available to buy @ 1.5747 whereas can still sell over 500k albeit back @ 1.4725.

Trying to sit on my hands as I keep buying in these situations and have more than I should as a result :)

Chart looking primed here too imo.

Edit - it moved up as I was typing although no further trade shown as yet.

[mikeh30] 02/5/2018 08:38

Ah well. In other news I've been buying PPIX. Have a gander, just coming off lows compared to U.S listing hitting decade highs. (Stkr) dyor etc

[jakleeds] 02/5/2018 07:46

Unfortunately not today Mike, but not long to wait ...

[mikeh30] 01/5/2018 20:06

Mmmmm. News at 7?

[a2584728] 01/5/2018 16:26

To be honest the company needs a new broker and NOMAD to get this share price moving. Lots of good news and nothing but sellers into any rise

[gleach23] 01/5/2018 16:16

Nice couple of buys this afternoon and one can now obtain quotes to sell 500k+ shares online once more...bodes well imo