Mountfield Share Discussion Threads

[mikeh30] 13/9/2017 08:13

Just had a look at limits, £500 available at 1.95 no more after that.Sell@1.9 so gonna tick

[jakleeds] 13/9/2017 08:10

Lol Mike.

100k buy first thing this morning.

Wait for the big one to land ...

[mikeh30] 13/9/2017 07:59

Well you know it's on the radar when randoms start saying the end is nigh.Thanks though. I've done my research . Feel free not to invest

[muffster] 13/9/2017 07:46

Thanks Mike, that's a real worry. No safety net of cash held.

[jakleeds] 13/9/2017 07:24

Will be interesting to see what today brings

[muffster] 12/9/2017 23:04

Anyone seen that the cash at bank and in hand is zero?

[jakleeds] 12/9/2017 21:52

It's a complete turnaround. Let's not forget the massive, cost-saving restructure, new man at the helm, new strategy for MBG, removal of the loan notes, and now we have CAF turning over more in 6 months than they've ever done in 12, some juice contracts imminent, and no doubt more to come.

[ileeman] 12/9/2017 20:46

BHJ

You are talking extremes.

The only way this doesnt go up is if contract falls through, but I doubt it will.

Should be 3p-4p without the contract let alone with the contract.

We will see who is right.

[jakleeds] 12/9/2017 19:46

Markets generally rally once a war starts.

[bhj] 12/9/2017 19:32

I'm BHJ on my wife's PC, but Harold on my prime PC.

What u say is valid, but it is still conditional on
two issues: 1 - the £4m contract being executed (some never actually make it, or are long delayed) and 2 - the market does what you expect (it often doesn't).

All it takes is a couple of plum RNS announcements hitting at 7 a.m. and everybody piles into those with all they've got, rather than into a measly penny share:
OR, at the other end of the scale, the US bombs the hell out of North Korea and all investors run for cover.

Signed, sealed and delivered, in a calm market, with no cataclysmic international incidents - then you'd be right.

[ileeman] 12/9/2017 16:25

I know that half year report was very bullish I know a £4mil contract is coming.

You think price is going up or down after a £4mil+ contract gets released? add chart breakout into that then 3p looks likely imo

[kingharold] 12/9/2017 16:02

Nope. U n iLee r now moving into crystal ball land. U don't know n can't know, and wondering n speculating is pointless. Take it as it comes. U can't do otherwise.

[jakleeds] 12/9/2017 15:15

Yep. 213k but atvfull ask. A tick up imminently I suspect. Can we finish the day above 2p I wonder ??

[ileeman] 12/9/2017 14:46

Looks like it is setting up to break 2.2p soon. 3p will follow swiftly when it does imo.


free stock charts from uk.advfn.com

[mikeh30] 12/9/2017 14:33

16.5m volume so far today. By far the highest recently.

[jakleeds] 12/9/2017 14:04

Well it's mid afternoon and the price is drifting upwards. Suggests to me that there's upward pressure on the price.

And the £4m contract won't reflect in the share price until it's signed and confirmed here imo.

[ileeman] 12/9/2017 12:45

Fair enough.

[gleach23] 12/9/2017 11:50

a number of reasons iLeeman...one being experience with this share over the past 18 months, another the fact that I was overweight here as I mentioned and also I'm looking for opportunities to go into more cash overall between now and December in case of a market slip.

it's gone up today on the mention of it...there may be an opportunity between now and any announcement to buy some back...if there is then great and if there isn't then I'm fine with that too, so I'm pretty happy

[ileeman] 12/9/2017 11:07

gleach fair play but dont see why you would top slice now when they have stated a big contract is coming. Will no doubt jump significantly once it lands.

[mikeh30] 12/9/2017 11:05

The announcement on 6 September of it having won contracts for a single client with an aggregate value of approximately GBP750k and another where the client has provided MBG with a letter of intent enabling it to procure essential materials in advance of the commencement of a contract with a value in excess of GBP1m. These contracts are expected by the Board to be followed by a series of other contract wins during the remaining months of 2017.- so a £4m + initial contract for CAF and a £1m order for MBG to be announced

[kingharold] 12/9/2017 10:29

I'm with you there, gleach - but it will have to be a life-changing development to make the share price do anything dramatic. The five-year record is nothing to get excited about, and the industry they are in is too competitive to countenance runaway successes. We'll see what the full year results show, but I expect to pull out at about 2.5p - if we ever see it.