Mountfield Share Discussion Threads

[tarlok] 15/2/2019 14:14

brought a small amount of shares and new here ,but a question ,, 5 buys yesterday ,shares up 12% ,5 people sell today shares down ? is this how it works ? only mm could have made money ? not those who sold today ? sorry if its a stupid question

[dave4545] 15/2/2019 11:09

I thought for a second the 333k had sold back via split trades.

mm's always seem to win, they always get it back for a handsome profit.

1.51-1.55p spread, much better

[dplewis1] 14/2/2019 19:17

In my experience micro-cap broker notes are generally pointless summaries of the current situation. N4 Pharma had one the other day by Allenby and the price has dropped like a stone ever since!

[euclid5] 14/2/2019 18:58

helps if they instruct their Nomad broker to issue a BN

[jakleeds] 14/2/2019 17:26

News imminent ?

Hopefully soon.

Don’t forget, the directors are keen to get this to a mcap of at least £20mill so they can get their £3mill back.

[dave4545] 14/2/2019 16:04

Sums up the market now, people only buy when they are moving.

I reckon that was around 2-3 weeks you could have got stock for around 1.4p or less but not many took it, now it's moving 1.68p has been paid.

[dave4545] 14/2/2019 13:11

333k buy at 1.5p on Nex is reason for spike just now.

About time too

[dave4545] 12/2/2019 13:28

See that thing flashing blue, that is what's called a buy, these things happen now and again in this game

[gleach23] 11/2/2019 23:18

Cheers DDL - promising!

[dan de lion] 11/2/2019 19:53

From todays Times:-

L & G is taking a 50% stake in a £230 million expansion of the Kao Data campus in Harlow, the funding will support the construction of three new data centres, adding to the existing data centre.
Goes on to say that Data centres have been attracting increasing levels of investment, the partnership is looking to invest in further data centre developments around the country, they said that "An ever increasing digital footprint is the basis of our entire digital economy."

Hopefully some of the work will come MOGP`s way.

[dan de lion] 08/2/2019 11:02

Just bought some more.

[likitorma] 07/2/2019 08:11

Reckon we will see sub 1p on next update.

[threeputt] 06/2/2019 14:26

Already done the retest of 1.35, your words

[likitorma] 06/2/2019 11:57

Down it goes.

[cjohn] 31/1/2019 14:17

The BOD should be entirely focused on the company's economic performance. It's not responsable for short-term share price fluctuations, which aren't news-related.


BTW the company is only mildly indebted, and debt has been reducing year on year over the last few years. At the FY it was £0.7m. In 2010, it was £5.7m. Nor does the level of receivables seem out of kilter, in this line of business.

[dan de lion] 31/1/2019 11:46

Appreciate your efforts Liamnich, here`s hoping that an update does appear next month.

It is fairly obvious that MOGP had a good 2018 what would be nice to know is if we are going to have an even better 2019.

[gleach23] 31/1/2019 10:40

Thanks again liamnich.

I've also had a good feeling about this £4m company for a couple of years now. The main concern I have is that they become disillusioned with being publically quoted and take it private. However, without having any particular expertise in these matters, I'm hoping if they have aspirations of growing to a £20m valuation then they see being publically quoted as the best route.

Anyone able to provide a more informed insight?

I'd have thought at least some PR such as a Mello event aimed at private investors would be beneficial to them though.

[liamnich04] 31/1/2019 10:29

Hi Gleach

I quote - "Althought the boards primary concern is the group's business it is true that a substantial amount of time at board meetings is taken up with discussions about the share price and why it does not equate to our view of the value of the company"

Then goes on to say he's had number of years experience with PLC's and in practice and now as a board director knows that money (even large sums) spent on PR produces some return in the short term but little to nothing beyond that.

- To me this is really good news and sounds like they're not the type of people who want to spend money on promoting the company through the likes of pro active investor and share trade shows etc.

I have a really good feeling about this little sub £4m compay - though I must admit, 99% my gut feeling is wrong lol

[gleach23] 31/1/2019 10:04

Thanks for that liamnich - appreciated

Must admit I do find these 200/250k sells of yesterday and today perplexing, particularly given the contracts RNS and subsequent volume that day - it's almost like it didn't happen.

By the way, did you mean to say time IS taken up at board meetings discussing the share price? Not sure they should be focussing on that at board meetings, other than perhaps in the context of ways to secure better institutional support.

[liamnich04] 31/1/2019 09:59

I e-mailed Peter Jay at 09:12 and he replied with quite an in depth response at 09:36 in fairness to him, and answered all of my questions.

Nothing market sensitive of course and to confirm that he is going to issue a trading statement and he is currently working on it, with the intention to issue it within the next month.

He's said he's spoken to other share holders about being unable to disclose margins as the clients would ensure the margins were reduced on subsequent contracts. In addition the information on individual contracts is often misleading without knowledge of the context e.g operating costs.

His belief is that the market wants to see an extended series of good results before it marks up a share price, and is confident that 2018 was a strong year.

Shareholders reaction to positive news is to sell and take small margins rather than hold on for the longer term, though he fully understands why an active share holder would do that, the impact on the share price sometimes makes this tactic self-defeating.

He's also said that time at board meetings is taken up with discussions about the share price and why it does not equate to their view of the value of the company.

Seems like a nice, friendly bloke willing to speak to the shareholders

[liamnich04] 31/1/2019 09:06

Or e-mailed from the director for that matter

[dan de lion] 31/1/2019 08:11

No update, perhaps we shouldn't believe everything that is posted on chat boards.

[likitorma] 30/1/2019 19:57

Very worried for those holding these tonight. Could gap down sharply if they describe the outlook as uncertain in the anticipated Jan TU.

[dave4545] 30/1/2019 13:50

If you've just announced £7 mil of new contracts then how can it possibly be bad ?

[liamnich04] 30/1/2019 12:01

Well at least there will be a trading statement to kick a bit of life back into this tomorrow?