Mountfield Share Discussion Threads

[gleach23] 28/1/2019 08:55

Bit of a price anomoly at the moment on the buy quotes -

up to 30k @ 1.5325
30k to 225k @ 1.525
over 225k @ 1.5348

[dave4545] 28/1/2019 08:01

Early shake I predict to clean out the last of Friday traders taking a hit then it will recover later on

[susiebe] 27/1/2019 23:41

I think you mean a further move up?It was up 16% on friday.

[likitorma] 27/1/2019 23:21

Further move down tomorrow?

[mikeh30] 26/1/2019 19:38

Dave - I still hold a fair amount but I'm pretty sure majority of LTHs here also have a trading pot.It's a cyclical share which the directors recognise aswell as stated on their website under corporate governance. I have been in this share for years and companies like CLLN and IRV have done us no favours as they highlighted that contract values can translate to minimum. I'm not saying that's the case here but its been suggested by others. (Liki)Like A2 has suggested, acquisitions look to be the way forward.It has been range bound for so long now it is ultimately traded. I'm sure it will break out of the range at some point and that will come with good contracts that can sort the balance sheet out. You are right though about spike chasers who sell for a loss which pushes the price down but hold for the rises and don't worry too much.Email Peter jay if you have any concerns. He responds pretty quickly.Trading statement should be out wed/Thursday next week. PM me your email and I'll forward you my email correspondence with him if you like (it has been posted on here)

[dan de lion] 26/1/2019 17:10

I assume that this statement from the last finals is also an ongoing situation that does not require RNS`s, but adds up to a substantial amount of work.

"A large number of smaller contracts carried out by its Special Works team countrywide which enables the Company to maintain a consistent workflow."

[mikeh30] 25/1/2019 19:45

Dave that 449k 'buy' on nex was my sell. I posted it at the time. We've all been here ages and know the pattern. Every now and again it gets traded. Don't analyse every trade. Buy and choose your exit point

[dave4545] 25/1/2019 18:24

No problem with trading each to their own I trade a lot myself but do not come on here moaning the price never holds it's rises because you are part of the reason by selling out.

[gleach23] 25/1/2019 17:47

sorry dave...i'll stop trading until you've had a chance to sell. just let me know when i can resume...

[dave4545] 25/1/2019 17:43

Your moaning about it not moving for years but each time it goes up you sell.

Surely you can work that one out. If you all did not sell you'd get a higher price.

So no good having a go at me. I'll hold until I see fair value or news that changes my mind.

[gleach23] 25/1/2019 17:40

dave - stop bleating on. you sound like you want an exit within 2-3 days yourself. i've been invested here for 3 years and despite improving results it's hardly moved which has been frustrating but i'm being patient. in the meantime i've seen how this moves and made great returns trading so please don't knock the traders.

[dave4545] 25/1/2019 17:12

On Nex within 20 seconds somebody bought 449k at 1.82p and somebody sold 367k at 1.635p this morning

The profits generated for market makers currently in this market is astounding.

[jakleeds] 25/1/2019 17:06

Yes cracking volume . Hopefully cleared out a few stale holders .

A good trading update and some more con tract wins over the next few days/ weeks and hopefully we smash 2p once and for all.

[gleach23] 25/1/2019 16:03

Well they listed in 2008 and going by the volume indicator in advfn charts the previous highest was sometime in 2011 but we've exceeded that. I presume that's LSE only and doesn't include ISDX/NEX but we've done around 5m on NEX in addition anyway.

Stonking volume. Institutional interest perhaps?

[dplewis1] 25/1/2019 15:48

Anyone know what the record is?

[gleach23] 25/1/2019 14:31

On course for an all time record for daily volume?

[susiebe] 25/1/2019 13:56

always??How can you say that?In the past maybe but the Stock Market is only interested in the future....

[the big fella] 25/1/2019 13:41

The same reason I sold at over 2p on the last spike. They always drift lower in time.

[dave4545] 25/1/2019 13:10

Did touch 1.7p bid again there, some nice buying come through and all the idiots that paid around 1.95-2p and sold for 1.5p are locked out.

They probably same people that paid 30-33p for Anr then sold for 20p 10 minutes later.

[mikeh30] 25/1/2019 12:50

Possible but they do say they are funded from contract wins and overdraft but that does depend on GP% on contracts. It's been range bound for so long now hence why I took the opportunity to take some profits.Expecting an upbeat TU but like you pointed out you have to look at cash generation. They had £500k at year end which dropped to £160k at the interims. This was partly down to (if I remember correctly when looking at the accounts) to a repayment of a portion of a director loan.

[alexios1201] 25/1/2019 12:32

Did you sell DaveYou had a nice entry?Their balance is negative with small cash(£160k last Jun)Some can read the accounts?Cash call incoming defo

[dave4545] 25/1/2019 10:24

Unfortunately it's approaching 99.9% traders market now and it's dragging what used to be investors into doing the same.

Everybody is now thinking every rise is getting sold into so now even long termers sell and this is killing the market.

I can virtually match every sale today from a buy from earlier. Over 90% of the buyers today have now sold for a loss. I've got no sympathy they all deserve to be wiped out and will be playing with small sums and bottling it for a loss every time.
I remember the same happening with Skin people buying at 0.6-0.8p then they all sold at 0.5p and low and now it's 0.81p bid, impatience will wiped out thousands in this market.

TBF they made £700k profits in the interims v £3.5 mil cap so why would you sell at 1.8p after all these new contracts ??

[mikeh30] 25/1/2019 09:59

I still had some from .9 :)