Mountfield Share Discussion Threads

[molatovkid] 27/9/2018 07:08

£695k for the half year....so broadly £1.4m for the year on a market cap of £4.8m.

Excellent....all turning out very well and more substantial business being tendered for too.

[mikeh30] 27/9/2018 07:08

A substantial increase in net profit before tax for the first half of the year - GBP695k (2017: GBP305k).

[mikeh30] 27/9/2018 07:07

Connaught Access Flooring Limited ("CAF") and Mountfield Building Group Limited ("MBG") are both performing strongly and have a combined order book of GBP9.1m which is scheduled to be delivered in the remainder of this year and next year. In addition both companies are in the process of negotiating or in tenders for substantial new contracts

[dan de lion] 21/9/2018 16:40

Looking back, it is clear that the half year results have normally been published towards the end of September, so the chances are next week will be the week.

[likitorma] 21/9/2018 08:51

This was mqybe worth a buy below 1.4p but looks very risky at current pricw. Any negative point in next resukts coukd drag this doen heavily. Should it be purely good news, the price will spike up, with no sell quotes and will most likely end the day red.

[likitorma] 19/9/2018 09:29

go and check properly. I did not start posting here in March. Try getting these simple things right first.

[wedward] 19/9/2018 09:07

One way or another we should know soon the half yearly report is due. I suspect it will follow the tone of the previous announcements and be positive with a positive outlook. What effect it has on the share price we will have to wait and see. As mentioned many times the spike up on the announcements in the past never seems to hold above 2p

[mikeh30] 19/9/2018 08:13

You've been on here since march flapping it and all the share price has done is risen from 1.4 to over 2p. You change your price targets from 1.5p to less than 1p then to 1.3p just to try to get a buy in price. Guarantee the second you pull the trigger you will be ramping

[likitorma] 19/9/2018 08:04

Has those contracts led to a rerate of the share price? Clearly not, but trust me, the share price will be hammered should the next update not be fully positive.

[mikeh30] 19/9/2018 07:43

Not so WorryingWhen 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.

[likitorma] 18/9/2018 22:19

Worrying times with Brexit around. Interested in the outlook statement, will work dry up, will they struggle with cash wotk if the work is not there or have to discount heavily to win the work?

[mikeh30] 18/9/2018 13:46

Short it then

[likitorma] 18/9/2018 13:33

Massive downside with very limited upside.As you all know,the financial figures or conract wins hardly set the share price on fire. Normally spikes up, cannot sell and finishes the day red. Worrying to hold this with the outlook looking more uncertain with Brexit...

[molatovkid] 17/9/2018 21:36

You could say the same about any share, anywhere.....

[likitorma] 17/9/2018 21:28

As i said, any hint of negativity and the MM will get your pants down, literally.

[mikeh30] 17/9/2018 13:19

Downgraded have we. Yawnnnnnn

[likitorma] 17/9/2018 13:00

If there is any hint of negativity in terms of outlook, i can see sub 1p.

[a2584728] 17/9/2018 09:25

I agree it would. However I wouldn't be surprised to see something like it

[dan de lion] 17/9/2018 09:18

A2584728.

That would be quite a turnaround considering this statement only three months ago:-

Outlook
The Board believes that both CAF and MBG are now, with the benefit of low cost structures, excellent client bases and record high levels of secured work able to perform strongly on a regular and sustainable basis.
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.Â
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] 17/9/2018 08:04

I'm going for an upbeat statement to boot. A contract win announced with results will do

[a2584728] 17/9/2018 08:01

Don't be surprised if when the numbers do appear they are accompanied by a doom and gloom Brexit statement and comments about how things are slowing.

[mikeh30] 13/9/2018 16:34

This should provide a nice contract with them being previous customers