Mountfield Share Discussion Threads

[jakleeds] 12/9/2017 08:08

And more to come from Mountfield Building Group too...

-- Mountfield Building Group Limited ("MBG") is in negotiation over a number of valuable opportunities and its performance in the second half of the year is expected to be substantially stronger.

[ileeman] 12/9/2017 08:07

Crazy, up 10% on a contract worth the same as the cap. Never seen that before.

[ileeman] 12/9/2017 08:03

Great news.

£4m contract, surely worth 3p on that.

[jakleeds] 12/9/2017 08:02

Asking over 2p now ... and 3p has to be in sight especially once all the new contracts are announced ...

[wedward] 12/9/2017 07:40

yep, like this statement, would expect the £4mln contract to announced imminently for them to mention it in this statement, visibility looking good lets hope it holds above 2p

[jakleeds] 12/9/2017 07:38

Wonder if we will get tipped , pretty sure we will now start attracting the attention of potential bidders imo.

But the BoD won't want to sell for less than £20million ...

[jakleeds] 12/9/2017 07:35

This level of turnover (the aggregate won in the first six months is more than it (CAF)has previously won in a twelve month period) will ensure a strong performance during the current year and provide it with a strong start for 2018.

With a number of exciting opportunities under negotiation with both existing and new clients, the Board expects MBG to perform strongly in the second half of the year in terms of the profitable delivery of current projects and in securing significant new ones for completion in 2018 in line with its recently adopted business criteria and strategy."

[jakleeds] 12/9/2017 07:30

It needs a chunky contract like the £4m one to get us out of the sun 2p rut we have been in for so long !

[jakleeds] 12/9/2017 07:28

Very very bullish statement, with some very exciting contract news imminent. The 'sell on the results ' brigade will be kicking themselves this time imo.

They must be very close to announcing the &4million contract otherwise why would tbey make reference to it ?

Could this finally be the year where Mike's £1m pbt figure comes in ?

[mikeh30] 12/9/2017 07:22

Initial £4m contract ....

[molatovkid] 12/9/2017 07:17

LOL! Mixed??

'The Board expects that the Company's successes in 2017 are unlikely to be limited to these contracts. The market remains strong in terms of tender activity and CAF expects to secure additional works including some to be undertaken in 2018.'

[gozo] 12/9/2017 07:13

Well a mixed statement with more to come in the second half.

[molatovkid] 12/9/2017 07:11

Very bullish statement....very confident about the £4m deal too.

I'm more confident than ever Mountfield is going places.

[a2584728] 12/9/2017 07:07

Let's see what the market thinks about this

[jakleeds] 11/9/2017 10:48

Interim were 20th September last year and 7th the year before. So will be any day now I guess ...

[jakleeds] 07/9/2017 15:53

And the second one is also someone I know .

[interceptor2] 07/9/2017 15:22

You correct jackleeds because one was mine.

After selling my holdings on the results day in June I decided that I wanted a small interest before the interims, think that interims should benefit from those delayed contracts earlier this year.

Just being cautious here because of their illiquid nature, at least it will mean I will keep a close eye no results day now.

[jakleeds] 07/9/2017 14:41

Both of today's trades are buys.

[a2584728] 06/9/2017 16:31

No chance they are a Midlands based carpet maker. Will not get into sub contract RMF or construction. Never happen

[jakleeds] 06/9/2017 11:03

Would be nice to see another of those £6million contracts

[mikeh30] 06/9/2017 10:15

They acquire flooring companies amongst others

[a2584728] 06/9/2017 10:05

VCP = Victoria Carpets. Surely wrong company ?

[molatovkid] 06/9/2017 08:54

Mike...yes and VCP are very acquisitive also.

[dan de lion] 06/9/2017 08:52

No BOD buying we are in a closed period, at the moment.

[mikeh30] 06/9/2017 08:52

I don't think kingspan will buy us out. Personally that sounds like a pipe dream.Realistically you'd be looking at VCP.