Mountfield Share Discussion Threads

[gleach23] 29/4/2020 07:20

A 903k sale @ 0.70p on NEX has done the damage on the Bid this morning :-/

[a2584728] 28/4/2020 06:49

I believe that they never actually stopped in sites but conditions changed. If there was a halt it was only for 2 weeks ?

[gleach23] 24/4/2020 15:46

Yes it's been good to see a little buying this week, especially the 110,777 today going through above the Offer. Only 5k shares available to buy this afternoon (250k to sell)

Looks a nice bounce point when looking at the 5 year chart in the header too - about time we joined in with a bounce!

I took out a spread bet top up as a result. Not the best share to be spread betting on due to the spread but hoping to see us back above 1p in short order.

[dan de lion] 24/4/2020 15:22

Construction looking likely to get back to work very soon, could give the share price a boost!

[likitorma] 22/4/2020 08:54

These guys operate on very tight margins and with MBG's sites closed, there is a very high risk they could default on their banking convenants. Their last update should have provided more details on the numbers.

[dan de lion] 06/4/2020 11:35

Couple of days late mike!

[mikeh30] 06/4/2020 10:44

Bit lacklustre but a lot of bad news is already priced in. Look at IDP today for example. Lots bouncing off lows. Let's see what happens

[shanklin] 06/4/2020 10:22

Its just a shame its a rather vague update.

For example, no details on:
- cost mitigation measures, or,
- whether payables and receivable were better balanced and lower at year end (and/or now) than at the half year

[gleach23] 06/4/2020 10:11

Good timing indeed susiebe...33% seemed a ridiculous drop this morning after having already dropped recently.

8.36am on a Monday morning is rather odd timing for such an RNS though!

[susiebe] 06/4/2020 09:56

Have a new ISA to start filling so looking on the bright side the timing is perfect!

[susiebe] 06/4/2020 09:52

Have a small amount here.Not the RNS I was hoping for but under present conditions not truely unexpected.Looks like company expects things to pick up again later in the year so will not panic sell ,as I fear a few have done, but hold and pick up a few cheap shares.

[dan de lion] 06/4/2020 09:31

Thank you for letting me know.

[cheshire man] 06/4/2020 09:02

There's your RNS dan de Lion

[dan de lion] 01/4/2020 06:46

they need to push out an RNS detailing how they are dealing with the current Covid 19 emergency, as well as a trading update.

[malreid] 27/3/2020 13:58

Interesting - I can buy 100,000 shares but not 200,000

[mikeh30] 27/3/2020 10:28

There will be communications with peter today. (Not by myself). I have raised the issue of radio silence

[susiebe] 27/3/2020 09:05

No RNS since Sept!Need something here as dropping share price on single sells.

[dan de lion] 23/3/2020 12:09

At the end of the day the only way that this coroner virus will be beaten is by "herd" immunity, we might end up destroying the world economy by trying to delay it too long.

[mikeh30] 23/3/2020 09:59

Hopefully a demand in data Center work with everyone at home

[molatovkid] 18/3/2020 17:38

Agree entirely here and there....

They need 8p to trigger the big payout I seem to recall

[here and there] 13/3/2020 19:17

I think the share price is completely out of kilter to what the company has been achieving . I'm really looking forward to the trading statement. 2019 must have smashed 2018. The half year statement was excellent , the order book very strong. £3m MC makes no sense.
Just wish the company would make an effort to promote itself. last interview I could find was 2011!!! They run this like a private company. I know they re busy making business and making money, however, if you are a listed company, you have to devote time and resources to getting interest in your company on a regular and consistent basis. If you are listed, you are competing with thousands of other companies for investor attention and investment. If you refuse to compete, if you make no effort to engage with the market, you are doing your share holders a dis-service. Their is no liquidity in this stock and very limited interest. Management have to change their ways otherwise this company will always be under valued by many multiples.
They have also talked about paying a dividend for many years....this is what all successful companies should aspire to, it is how you reward your share holders for putting their hard earned capital into your company........so far they have failed to follow through. it would be an excellent way to gain some credibility. Considering their cash balance and excellent trading now would be a good time

[molatovkid] 10/3/2020 12:36

If i was someone like Victoria plc, carpet specialists, I'd be tempted to lash out the cash and take these guys over. Gain some vertical integration and ready markets for my product.

[a2584728] 10/3/2020 12:24

Vulnerable to MBO here

[gleach23] 10/3/2020 12:11

Looks like we have seen off a seller of 585k shares with those trades this morning.

Hopefully that was what dragged us down so much recently (aside from the wider market).

[alan@bj] 03/3/2020 12:03

Last year it was on March 11th, so hopefully not long to wait.