Mountfield Share Discussion Threads

[rivaldo] 10/7/2019 12:47

Cheers NC, look forward to reading your thoughts.

[norbert colon] 10/7/2019 12:25

RivYes i did attend along with one other retail investor. A very useful and positive AGM and my notes will be available on the AGM forum of the ShareSoc website hopefully later today.Please DM me if you have any specific queries.

[rivaldo] 10/7/2019 12:21

So the AGM has come and gone, and excitingly all the resolutions were passed.

Norbert, did you go, and what were your impressions? Nice to see a little buying today post-AGM.

[norbert colon] 03/7/2019 21:04

Anyone attending the AGM next week? I will be and look forward to seeing some others from here there too?

[lord gnome] 25/6/2019 09:25

Back down to 1.5p. Load up and sit patiently until it hits 2p again. Sell.
Rinse and repeat ad nauseam.

[shanklin] 25/6/2019 08:08

Blimey, quite surprised at the reaction here. Obviously the keen seller is winning the battle against new investors.

[rivaldo] 20/6/2019 07:37

A reminder of this excellent summary of the results and prospects - it sees £7m as conservative fair value compared to the current £4.7m m/cap:



Conclusion:

"In summary, I am very pleased with today’s results which show great operational progress and a very positive outlook for 2019. Since April 2019 the share price has also gathered some upward momentum rising almost 50% from 1.35p to 2.0p.

This seems like a business operating in a sweet spot and I perceive the Group to still be undervalued despite the rerating of recent months. Excluding the non-recurring tax charge the Group is on a net cash adjusted PE of <6 and I maintain my short-term valuation of £7 million which is likely to be conservative given the positive outlook. With ROCE / ROIC at circa 20% this is a very small but quality business that I am happy to be invested in.

I encourage any investors to attend the AGM in July, show their support and meet the management team."

[dan de lion] 18/6/2019 13:15

I thought that the results and forward looking statements were good enough to justify a re-rate here, what more can they do to convince the market this is worth more than a measly 1.9p.

[shanklin] 17/6/2019 17:12

Based on the FY results text, I think we can be pretty confident of the H1 results. After all they forecast a strong 2019 result with only 18 days left in H1.

[mikeh30] 17/6/2019 15:41

Still holding a decent level here albeit with a sell off.TWD have a good amount of future revenue based on 5g..The Company has a long-standing relationship as a Tier 2/3 supplier into global telephone communications companies, such as Sprint. As the global implementation of 4G technology continues and roll out of 5G technology begins the Directors believe there will be increased demand for Trackwise's RF products. Sprint recently announced that by the first half of 2019 it would be launching its 5G mobile service.

[dan de lion] 17/6/2019 12:31

the after news sell off, gathering pace.

[shanklin] 16/6/2019 18:01

Not sure we will be saying Hip Hip Huawei anytime soon but hopefully there will be some other 5G suppliers.

[molatovkid] 15/6/2019 23:52

I was doing a bit of reading around 5G and the spend on 5g infrastructure is going to be in the billions....

[norbert colon] 15/6/2019 14:11

https://www.us.jll.com/en/trends-and-insights/cities/how-5g-is-set-to-spur-new-data-center-construction

[battlebus2] 14/6/2019 22:23

I’m very happy with the steady progress here, from increased profits to the balance sheet and cash, I don’t think we need to rush into dividends just yet. The bullish outlook should see a step change over the next few years. Happy to hold or add on weakness. I’m a little surprised to see mostly sells today, it’s hard to see what some folks need from results to hold a little longer. 😂

[gleach23] 14/6/2019 21:28

Very pleased to see a finish above 2p. Looks like a late reported trade of 1m shares @ 2.084 helped us in that regard.

[a2584728] 14/6/2019 12:14

Pounds worth

[a2584728] 14/6/2019 12:14

I have £36543 of these mate no more requires

[rivaldo] 14/6/2019 12:07

Cheers re the article on Cube Investments. Particularly useful re the improvements in working capital and cash flows.

The writer values MOGP conservatively at £7m, which would roughly be around a 2.8p-3p share price.

[molatovkid] 14/6/2019 11:55

Just read O2 are launching their 5g proposition next year....let's hope they need a bit of help!

[dan de lion] 14/6/2019 11:25

We seem to have held up well, the T20 brigade who normally take profits have not prevailed or have decided to become LTH`s.

[phar lap] 14/6/2019 11:08

CAF was loss making in H2, -£80k on T/O of £3.2M.
This dragged margins at CAF for the year down to 3.8%.
There was a drop in margins at MBG on increased T/O in H2, 12.4% to 7.7%, full yr. 9.75%.
Think management should be concentrating on MBG.

[molatovkid] 14/6/2019 10:34

Flushed out a new poster in Valu....nice, hopefully one more on board

[lord gnome] 14/6/2019 09:38

Sharp today, valustar1.