Mountfield Share Discussion Threads

[jakleeds] 21/5/2019 15:24

Pop. Nice place to bounce off ....

[battlebus2] 20/5/2019 12:36

Yep good to see ...

[jakleeds] 20/5/2019 08:35

Buyers in early this morning ...

Results in the not too distant future.

[molatovkid] 17/5/2019 08:49

Welcome doughnut....good news that you're in and you already know the bad news; that there is a tendency for dumping into any price strength.

However you have timed it well, as results should start showing a very different picture to this company.

[mr doughnut1] 16/5/2019 11:24

I have bought in today and yesterday. There appears to be a seller, selling into strength, offloading in 200k and 100k lots.

[norbert colon] 12/5/2019 14:51

Someone has mentioned to me about trade receivables and whether the increase seen in the last set of results is a concern.

Looking back at the last 4 years each HY trade receivables has typically been 45-55% of sales.

2018 HY was 45% of sales.

For the FY it’s typically been 18-29% of sales and FY 2017 was 29%.

Although the receivables numbers at each HY are very high at almost 6 months of sales this irons itself out at the FY to around 120 days which whilst still quite high is not that abnormal for the construction sector.

There is hence nothing really out of the ordinary for each FY numbers but investors need to see if the FY 2018 numbers are way above the 18-29% average when they are released next month.

Something for some further investigation.

One thing to bear in mind is that HY 2018 sales were £8.7m, way up on HY 2017, so receivables will also increase proportionally.

I’m happy unless anyone else has spotted something.

[battlebus2] 10/5/2019 13:59

Thanks guys, yes thanks to NC for highlighting to me. Company appears to be going from strength to strength so the shares should rerate. I'm bewildered as to why the current rating is so low but maybe the next results will show the market they're gaining traction and that it's not just a blip....DYOR etc as always applies

[gleach23] 10/5/2019 13:53

Well done bb2 - keep it up :)

Most here have had to be very patient as the results and contract wins have continued to be positive for the last couple of years. As riv says, good to see you and NC here - hopefully your timing will be spot on and the share price will rerate shortly.

[wedward] 10/5/2019 13:49

Been invested and followed this for along time now. I don't get the impression that there is a huge T20 crowd or even retail interest in it just bored investors that look for any opportunity to sell into strength hopefully might be different this year.

[rivaldo] 10/5/2019 13:44

Good to see you buying MOGP battlebus2. Hopefully your presence and Twitter feed will encourage a few more quality investors to look in here.

[battlebus2] 10/5/2019 11:53

I've been buying a few gleach.....

[dan de lion] 10/5/2019 11:36

Could be the T20 crowd looking for a rise into the results early June.

[a2584728] 10/5/2019 11:34

They could be a suitor?

[gleach23] 10/5/2019 10:58

Thanks NC - great news

[molatovkid] 10/5/2019 10:53

Something happening? A couple of mentions on Twitter today......one is a buyer

[norbert colon] 10/5/2019 10:49

TClarke #CTO have today had a new broker note released citing European growth in Data Centres which they are targeting. This validates MGOP narrative in recent updates re: similar growth opportunities.

[gleach23] 10/5/2019 10:37

Nice 500k buy @ 1.75 just reported to explain the 8% rise so far today

[norbert colon] 06/5/2019 08:13

edpickThe Group have been shoring up their balance sheet which had negative retained earnings of £10m in 2015, £600k in 2016 and only turned positive to the tune of £135k in FY 2017.At HY 2018 retained earnings had increased to nearly £700k and i am hopeful that investors will hear mgt at the FY results next month refer to a plan to start paying a dividend shortly.

[edpick] 05/5/2019 21:53

On the face of it, it looks a good value share but where are the profits going and why doesn't it pay a dividend? Not sure what's going on here.

[rivaldo] 03/5/2019 15:00

Only a month or so until results (11th and 8th June in the last two years).

The results and outlook should be great, with "buoyant demand". It's just a shame the numbers take so long after the year end to produce!

[dan de lion] 30/4/2019 11:54

Where is our cheer leader likitorma these days?

[someuwin] 30/4/2019 08:52

It's taken a long time, but I really think this is ready to start moving up to reflect true value.

[jakleeds] 30/4/2019 08:43

Buyers in again today ...