Mountfield Share Discussion Threads

[mikeh30] 23/8/2018 16:16

It just highlights the scale of the business achievable.Even if MGB win future contracts on just 0.5% of the Vodafone estate it is still 73 sites. It's about £900k average per site at the moment so incredible potential future income for a £5m cap company and that is only for 1 client for 1 of the companies groups. On their website it states the acquisition strategy which could up these numbers.

[jakleeds] 23/8/2018 15:32

Great work Mike. Thank you .

[mikeh30] 23/8/2018 15:23

A client with 14500 sites is not a bad place to be. Lots of future recurring revenue

[mikeh30] 23/8/2018 14:51

Project Beacon, our multi-billion-pound network upgrade. As part of Beacon, we've been modernising 2G, 3G and 4G mast equipment in place of legacy technology across more than 14,500 sites.

[mikeh30] 23/8/2018 14:50

https://mediacentre.vodafone.co.uk/blog/modernising-network-soaring-4g-data/

[mikeh30] 23/8/2018 14:31

The results of the strategy have been impressive: When MBG learnt that an existing telecoms client intended to upgrade its security infrastructure across its extensive property estate it set up a team specifically to enter competitive tenders for the contracts. As a result of targeting this area of the client's work MBG has built a closer relationship with the client and, to date, MBG has won seven significant contracts with an aggregate value of GBP6.6m via a competitive tender process. The client's programme is expected to extend for at least the next three years.Vodafone a very very good client to have on such good terms

[mikeh30] 23/8/2018 14:28

http://www.ablaze.co.uk/news/ablaze-building-solutions-ltd-appointed-mountfield-building-group-ltd-carry-upgrades-various-vodafone-upgrade-projects/So it's definitely Vodafone providing the repeat contracts

[dan de lion] 20/8/2018 15:42

Well, they just need the contracts to show that they can walk the walk as well as talk the talk.

[mikeh30] 20/8/2018 15:22

The outlook for CAF continues to be strong into 2018/19 and based on the demand for high quality, large commercial flooring contracts, its leading position in its market place and the proposed expansion of its business into the supply and installation of new products associated with CAF's core activities. In addition, the increase in Data Centre activity has seen a welcome return to working in Scandinavia to a market in which CAF excels through their attention to detail and understanding of the different processes required in this field. The Board believes that the outlook for CAF will remain increasingly bright for a number of years with strong demand for its services both in the UK and overseas.The Board takes a similar view of MBG's prospects and notes the major change in its financial performance that followed from the reduction of its cost base and the change to a strategy of pursuing lower risk contracts predominantly direct to the Client and is satisfied that MBG's performance will show significant improvement during 2018 and 2019.

[mikeh30] 20/8/2018 15:18

CAF is a market leader and one of the very small number of companies able to compete for the largest raised access/commercial flooring market and is regularly asked to tender for new work in an increasingly active market.

[gleach23] 20/8/2018 13:53

Yep...was just gonna post that underlying price is firming. Anything up to 115k will cost 2.09, more than that is up to 2.14 and above. Larger quantity on the Bid side too - can sell up to 300k @1.92

[mikeh30] 20/8/2018 13:46

Bid moved up a touch

[mikeh30] 20/8/2018 12:45

CAF must be close to announcing a biggie! Increase cash pile, better cash flow letting them tender for larger contracts that they are on a few that can complete. Current contracts coming to an end. All adds up to a £5m+ contract for meDyor of course

[gleach23] 20/8/2018 11:12

Thanks DDL yes I see that now. Timings still seem a bit odd but I'm not complaining :) Judging from the News history, Interims could be as soon as 2 or 3 weeks away now.

[molatovkid] 20/8/2018 10:50

god bless 'em There is one good thing about us being at this price level and that is that when good news does break, we will hopefully be rising from this higher base price. Better this, than good news from 1.4-1.5

[dan de lion] 20/8/2018 10:30

289,374 gone thro` on NEX @ 2.07p timed at 11.21.

[gleach23] 20/8/2018 09:45

I find that tick up on the Offer to 2.2p rather odd this morning. There currently seems to be no trade to explain it although one could obviously be reported late. I tried a dummy buy and was quoted 2.04p for 325k and max I could sell was just over 100k @ 1.91p. I've since tried a dummy buy for 325k and am now quoted 2.177p and anything for 300k or under is 2.07p. Almost seems like we got advance notice of a rise in share price Max to sell is still just over 100k though.

[jakleeds] 16/8/2018 08:14

Morning all ... back at 3am earlier today from a break in Cyprus with rubbish internet connection. Nice to see us heading in the right direction. Remember the ultimate target destination is a £20million market cap. The directors will not want to walk away from £3million however wealthy they already are ...

[molatovkid] 16/8/2018 07:22

....and back down....nice while it lasted

[molatovkid] 16/8/2018 07:11

eh up!!! 2p+ on the bid I tells ya...

[gleach23] 15/8/2018 14:54

...and only about a month to go now until Interims

[mikeh30] 15/8/2018 14:48

Absolutely - cash generation was much improved last results. These will improve further. Should be looking at £1m + cash in bank next results

[molatovkid] 15/8/2018 14:40

Once the activity is translated into pounds and pence through the accounts and results RNS then we will see the real action.

[gleach23] 15/8/2018 12:33

Similar to last week, the Bid flicked up to 2p for 8 seconds after the buy on NEX before another lurking sell order knocked it back again. At least it's at a higher price this time so we're inching up. Hopefully another buy will soon see 2p on the Bid again.

[dplewis1] 15/8/2018 12:33

Erm, there are 3 prints over 2p today liki..