Mountfield Share Discussion Threads

[jakleeds] 11/6/2018 12:05

And one of 150,000 at 2.17p....

[jakleeds] 11/6/2018 12:01

You are right Mike. Perhaps they will be tempted to do just that having released such a good set of results. Nice buy of just over 273,000 shares just gone through...

[mikeh30] 11/6/2018 10:13

If each of the directors buy a couple of million shares in the open market, that would put us in a new trading range immediately

[twistednik] 11/6/2018 09:31

Good results and momentum of contract wins - just needs to break all time high cleanly to remove final overhead resistance and could then move very swiftly.

[gleach23] 11/6/2018 08:31

Yes...can't even get a quote for 10k online now so hopefully that supply has been taken up

[tomboyb] 11/6/2018 08:27

Well - There is not much selling below 2p so i suspect with a few more buys this will go back up -

[gleach23] 11/6/2018 08:18

One could buy 1m going into the close last Friday. Just need to eat that supply up.

[cjohn] 11/6/2018 07:58

Hi A254278, The BOD's duty is not to get the share price up. It's to run the company cogently, which they are doing. Given the improvement in performance already and more to come, share price improvement will follow. No BOD or NOMAD or bróker is responsible for the short-term ups and downs of the share price Some punters are taking profits. That's normal, even after an excellent set of results. I've just bought a few more at just above 2p and will continue to do so, if the share price falls below 2p.

[shanklin] 11/6/2018 07:53

Bought some earlier at what is now above the offer price :-( Looks quite a decent turnaround going on, with PBT and cash flow ramping up, particularly in H2. They obviously still need a year or so to get out of TBV being -ve, so that their BS is more solid, but they seem to be moving quite quickly in the right direction.

[a2584728] 11/6/2018 07:49

I think it's time to change broker and NOMAD. They are clearly not supporting the BOD in trying to get the share price up.

[cjohn] 11/6/2018 07:49

Very solid results, with the promise of yet better performance in 2018, at the least.

[jakleeds] 11/6/2018 07:17

I suspect there will be major contract news in the not too distant future ...

[jeevsje] 11/6/2018 07:10

Despite the positive results, I am still being quoted 1.702 to sell 550k.

[a2584728] 11/6/2018 07:09

Unfortunately due the the time we have taken to get to this point we will see lots of sellers into any rise. Patience required again

[molatovkid] 11/6/2018 07:00

liki buying like mad to cover his shorts...

[euclid5] 11/6/2018 06:57

He was most probably short the shares so happy running negative posts here

[jakleeds] 11/6/2018 06:52

Lovely jubbly ... as Warren Buffet once said ‘The stock market is a mechanism for transferring wealth from the impatient to the patient ‘ and this is a prime example. I guess we won’t be seeing liki here again ...

[mikeh30] 11/6/2018 06:51

They've actually used their twitter account this morning. They must be happy with them

[the big fella] 11/6/2018 06:47

Obviously my previous valuations are based on historic earnings. Given their strong order book and valuations being based on forward PE it is not unrealistic for them to trade much higher than 5p this year

[molatovkid] 11/6/2018 06:44

Only a fool sells now. - I know, I've been that fool...buy, hold, be patient and let these guys make you some serious cash.

[mikeh30] 11/6/2018 06:40

Cash from zero to £520kImpressive

[molatovkid] 11/6/2018 06:39

£20m = broadly 8p a share - or a 4 bagger from here. For newbies....a buyout of £20m triggers a significant financial lump of £3m for the directors.

[mikeh30] 11/6/2018 06:37

The £20m buy out seems about the right price