Mountfield Share Discussion Threads

[le mass du pap] 11/5/2016 10:49

Someone's keen to get out, why?

[mikeh30] 11/5/2016 10:43

"""annonymous2 - 10 May 2016 - 15:56 - 150 of 162 - 1Never too late for MOGP to join in the upward fun. Just when I was thinking about topping up at 1.48p somebody has turned up buying 100k enough to move the bid up.Chart looks good. Hope the next update is as well"""Here's your chance to top up

[annonymous2] 11/5/2016 08:45

STY

Hmm I remember when that was 50p and totally unloved. For years going through the motions taking low margin work breaking even and existing for salaries not shareholders then somebody decided enough of that we will only take work with better margins and the rest is history.

[jakleeds] 11/5/2016 08:24

Dont think so

[a2584728] 11/5/2016 08:19

I don't think there are any forecasts in the market are there?

[jakleeds] 11/5/2016 08:07

No reason why this can't do what STY did in June last year after their results.

[jakleeds] 11/5/2016 08:04

There should be plenty of good news soon. Results should be within the next 4 or 5 weeks.

1) The benefits of the head office cost reduction exercise will be more evident in the Y/e results

2) The bulk of profit from major contracts are to land on the b/s in H2 - Connaught profit was less in H1 2015 than H1 2014 yet they said it would be more profitable in FY2015 than it was in FY2014

3) They have developed at least 2 new (apparently profitable) income streams which would seem to be performing ahead of expectation (£2m t/o as opposed to £1.6m forecast).

4) £3m of loan notes soon to be cancelled (75% of current mcap).

5) New contract wins hopefully

6) Earnings-enhancing acquisitions - should be an update on progress

7) The end of the last 2 loss-making legacy projects, and a move into more profitable work

8) At the interims they went back from burning cash to generating it - how much cash will they have now as the massive contract in the City of London nears completion ?

9) CEO has been replaced

Interesting times ahead methinks

[mikeh30] 10/5/2016 20:49

This guy contacted the board who said may/June.My view is we have contract announcements coming. Whether they are announced before or after results is anyone's guess.

[le mass du pap] 10/5/2016 20:29

mike, any reason you think they'll be this month? They've been well into June the last few years.

Like I said above, if anyone has any real info on timescales, whether it's the results or the appearance of these contracts, then I'd love to know.

No point going on about great news being just around the corner if it's still months away, unless you're just hoping to pump the price up to get out.

[mikeh30] 10/5/2016 20:07

The results should be published this month.I'm interested in the future rebranding of the group. This will surely come after acquisitions.

[le mass du pap] 10/5/2016 19:45

Lots of talk about patterns which I think are relevant, hence why I ask the question above. I'll explain. It's common for investors to look forward to potential news(and with the greatest respect) they think/hope it's going to come 'tomorrow'. But it rarely does... and in fact it's usually much later. I think good news is coming here, but could it be a bit soon to expect it? The first chart shows two overhead resistance lines. Now the bull would say we have broken above the yellow one, the bear would say we have yet to break above the red one. So which one is it? The second chart shows the pattern, both the moving averages and the macd. Very similar indeed. If this played out then there would be a spike towards the June results peaking at about 1.8p, then a retrace, with the real rise towards the end of the year. Now I'm thinking(having trawled these boards for many years) that investors are always ahead of the game in terms of when news will come. We know it will, but it's usually much later than we think/hope. So might we see a similar pattern? A rise into June results on hope, but the real rise coming towards the end of the year when the news actually does come and eveyone's back from their hols? After all, summer is usually quiet on AIM and it's autumn when things really kick off. Anyway, just a thought.


free stock charts from uk.advfn.com



free stock charts from uk.advfn.com

[le mass du pap] 10/5/2016 19:09

All sounds great, but any idea when any of these fantastic bits of news might actually land.... and I'm not talking wishful thinking. For example, has the company given any specific timeframes?

[mikeh30] 10/5/2016 17:12

Nice chart

[jakleeds] 10/5/2016 15:57

Bouncing. Lauders is right, should be fun in the run up to results next month, and beyond. £3million debt to be wiped out (I think we will get the announcement before the results).

New contract wins, head office cost reductions, new strategy etc etc.

Then there's this from the interims which will also give the results a boost IMO:

That CAF's operating profit has reduced from GBP546k (2014) to GBP321k, is indicative only of the drawdown times for its current substantial contract in the City of London and the Board expects that at the year-end its performance will exceed that achieved in 2014

[annonymous2] 10/5/2016 15:56

Never too late for MOGP to join in the upward fun. Just when I was thinking about topping up at 1.48p somebody has turned up buying 100k enough to move the bid up.

Chart looks good. Hope the next update is as well

[lauders] 07/5/2016 01:32

I wonder how the potential acquisitions mentioned in the 8th February trading statement are going?

Strategy

Whilst work in the data-centre sector remains a central part of the Group's activities the Board has decided that in addition it should concentrate on fit-out work and areas allied to it whilst also continuing to offer refurbishment and fabric repair services.

This strategy is being supported with the search for acquisitions that will help strengthen the group's position in these markets and initial discussions with potential targets have already taken place.

The Board is currently engaged on two projects - firstly the formal cancellation of the Loan Notes that appears in the Group's balance sheet and then the future re-branding of the Group.

Could be a very exciting period in the run-up to results next month. Potential acquisition and contract news + the loan note cancellation!

[annonymous2] 05/5/2016 16:19

Shake time.

Thing is the 100k sale just balances up the trade for the day as 100k buy on isdx this morning but any excuse to shake it down

[mikeh30] 05/5/2016 16:12

Comical stuff.Not too fussed about day to day movements. When the next contract lands that is larger than the mcap we will have some fun

[annonymous2] 05/5/2016 16:02

93996 paid almost 1.6p yesterday just sold for 1.42p

They got a call from a mm asking them if they were a impatient idiot trader
and would they sell them back for a loss and they said sure !

[jakleeds] 05/5/2016 15:59

Lol...

Still a few sellers about even at this crazy level ...

[annonymous2] 05/5/2016 15:49

Lauders it dropped one minute after your post ....jinx :-))

I'm holding for the update, get nowhere taking £100 profit here right now I want a big killing of 2-3p for my stock

[lauders] 05/5/2016 15:19

A small tick-up each day until major news comes along would do me fine jakleeds! Then let's hope the reaction is clearly to the upside.

[jakleeds] 05/5/2016 13:56

Surprised the tipsters (other than Zak Mir) haven't got hold of this yet.

But then they were all so late to the Thomas Cook and Thornton's turnaround parties too.

They are almost certain to announce that £3m of debt has been wiped out, any day now I'd say, approximately 75% of the current market cap.

Then the £4.5m contract (which has since become a £5m+ contract), is due to be completed this quarter, with further significant contracts to be announced.

And remember, at the last results, they went from spending cash to generating it.

These were almost 2p when they announced the strategic review, yet they are still languishing at 1.55p despite all the evident progress since then.

[jakleeds] 05/5/2016 08:07

I'm confident that there will be contract news soon, as well as confirmation that the loan notes have been cancelled .

Then we have the results to look forward to.

Ticking up nicely again, 1.5p on the bid and a 0.1p spread so further to go today I reckon.


Patience.

[lauders] 05/5/2016 07:22

That excitement of the rise the other day has not so far translated into a contract win RNS. Perhaps MOGP is tighter than I thought and it was just someone building to their position or even buying in ahead of more news? The wait continues.