Mountfield Share Discussion Threads

[mikeh30] 11/5/2018 13:03

Tight limits minimal available at 1.87

[a2584728] 11/5/2018 12:53

Seems that the sellers have been exhausted so the way may be clear for a run up and with a decent RNS we could be off...................at last

[molatovkid] 11/5/2018 11:31

dp...there is every reason if they are moving to bigger and better things both home and abroad !

[mikeh30] 11/5/2018 11:24

Hahahaha we're all family now

[mikeh30] 11/5/2018 11:23

Zero chatter too? Leaky leaky for that second 1.1 contract

[dplewis1] 11/5/2018 11:23

Pretty sure this is the only share where there are about 5 blokes invested and let each other know when they've just traded. Very happy with today's action though. There's almost no point in this firm being listed if the price is under 3p, it's just too small for most people to bother with.

[molatovkid] 11/5/2018 11:15

My buy.... :-)

[mikeh30] 11/5/2018 11:14

Nex buys...

[gleach23] 11/5/2018 11:00

Thought someone might take some of those offered @ 1.66. However it's not taking much to lift the share price as the subsequent small buy indicates.

[jakleeds] 11/5/2018 09:25

So have I dplewis1 ! Pretty much full ask being paid for just 9722 shares tells you something ...

[dplewis1] 11/5/2018 09:23

Another buy through on NEX at 1.763. Well tango I admire your optimism here and I certainly hope this is the start of something more sustained. I've been invested here for years hoping for greatness!

[a2584728] 11/5/2018 08:36

Need lots of PIs to get this moving, no institutional interest but there is a big upside if we can hold the rise

[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...