Mountfield Share Discussion Threads

[molatovkid] 09/10/2020 14:13

Just gonna wait this out personally....

Sooner or later this COVID will end and then we get back to normal.

[dan de lion] 09/10/2020 13:40

I would think their best hope is for contracts on new build data centres, as they say the current ones are in "high demand".

Although I did unload a lot of shares, I still hold 500k at an average price of 1p, so into the bottom draw for them, you never know, the directors here have never been of the optimistic variety anyway.

[galaxy enforcer] 09/10/2020 13:40

A nasty set of results but it was expected due to the virus. Yes it may take time to turn the business around however at the end of the day they still turned a profit. Too many people are happy to throw money at non revenue generating businesses making zero profit.

So the stock is now valued at 25% of the Pre-Covid level. Some will be seeing value at this level and will potentially benefit when things return to normal.

[likitorma] 09/10/2020 13:20

Umfortunately, this is about to get much worse. Look at the numbers and you will see what i mean. Shame shareholders are likely to get wiped out.

[gleach23] 09/10/2020 13:12

No need to apologise NC - we are all responsible for our own decisions. Pity it couldn't have been another Haynes ;)

Remarkable turn of events with one of my larger holdings.

[norbert colon] 09/10/2020 12:57

I was very positive about this business until recent events as there were a lot of good signs of a much improved business but recent results and the negative outlook is enough for me and although it's take a while I'm out fully now at a large loss.Time to move on and apologies to anyone who may have followed me into this.

[dave4545] 09/10/2020 12:47

Results out

Sad that Covid has destroyed this business. Used to be one of the best plays out there.

[dan de lion] 09/10/2020 09:25

Should have been an updated date today I would have thought?

"The Company anticipates publishing its half-yearly result in the week commencing 5 October 2020. In line with the guidance issued by AIM regulation in an Inside AIM notification dated 9 June 2020, and the ongoing COVID-19 related disruption to processes, the Company is availing itself of the one-month extension to the date by which it is required under AIM Rule 18 to publish its half-yearly report for the six months ended 30 June 2020. Under this extension, the Company is required to publish its half yearly report by 31 October 2020."

[likitorma] 07/10/2020 19:43

Going concern statement will be a concern.

[likitorma] 06/10/2020 18:03

"these changes are likely to have a long term and materially negative impact on the markets in which the Group Companies operate."

Materially negative.

Placing soon?

[likitorma] 06/10/2020 18:00

The Group's current secured order book is £9.3m, most of which will be completed in 2020. This figure is materially lower than it was at the time that the 2018 Accounts were released (£16.4m). The Board does not expect that a substantial amount of new turnover will be won and delivered by this year end and that the result will be a significant drop in the Group's performance for 2020 as compared to that in 2019.

[likitorma] 06/10/2020 17:54

Expecting this to go lower when numbers are released. They have been relying on a few clients for majority of turnover amd that weakness will be exposed soon. Think shareholders will be wiped out.

[galaxy enforcer] 05/10/2020 13:12

Like the look of this one. Seems that the sell off, as with most other stocks, has been overdone. A little contract news should see this back over 1p in the blink of an eye.

[dan de lion] 24/9/2020 08:05

Hope some of you took a look at SKIN and bought some!

Edit, and took the profit.

[dan de lion] 22/9/2020 09:27

I`m afraid that I have taken a big loss here on some of my holding and moved it into PANR and SKIN, other holdings of mine.

[a2584728] 16/9/2020 12:53

Would you pair mind keeping it civil on here please.

[owenski] 15/9/2020 15:56

50% gain + divs, vs this. You're obviously some kind of idiot

[molatovkid] 15/9/2020 14:25

Naw, it's alright. Seen you in action with Totally. Not very impressive.

[owenski] 15/9/2020 13:52

Glad you've become a fan and are now following me around - always the hallmark of a bitter angry loser.
However, you might even learn something, though i doubt it, certainly you would be better employed as to understanding the reason why you buy and sit on rubbish.

I doubt if you'll ever be astute though, lost cause, lol

[molatovkid] 15/9/2020 13:06

Ahhh more astute eh Owenski....like the astute man reduced to wishing for the the Totally share price to go up you mean?




OR do you mean the astute man, who bought into Totally (market cap. £32m) that recorded a thumping £3.4m loss in the last preliminary results ?

OR do you mean the astute man who mocks Mountfield, (market cap. £1.5m) with a £666k PROFIT ??

Which business would you rather buy oh astute man?

[alan@bj] 15/9/2020 12:16

Same here Norbert. Not inclined to sell, I might as well keep the shares as we go through this sticky patch. It's a pity about the big contract loss, but just look at Costain and their problems in Wales and with National Grid.

[owenski] 15/9/2020 11:06

molotov, your comments dont really make any sense, i am clearly negative on this company, that part is clear, you cant read the writing on the wall and stick with an underperforming position, but that's probably just who you are.

If you're upset at losing money, look in the mirror for the culprit instead of lashing at at more astute people and learn a lesson.

[norbert colon] 15/9/2020 09:44

Surprising liquidity this morning - unusual to get a bid on even 1m shares albeit i am not inclined to sell any at current prices despite the poor update and very late results. Not one of my better investment decisions to date although CV19 clearly was unforeseen.

[molatovkid] 15/9/2020 09:36

Your comments speak volumes about yourself as a person Owenski and that's just who you are.

[owenski] 15/9/2020 09:23

Get over yourself, it's a public BB and I'll comment as I see fit.