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MPAC Mpac Group Plc

440.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Mpac Investors - MPAC

Mpac Investors - MPAC

Share Name Share Symbol Market Stock Type
Mpac Group Plc MPAC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 440.00 08:00:00
Open Price Low Price High Price Close Price Previous Close
440.00 440.00 440.00 440.00 440.00
more quote information »
Industry Sector
INDUSTRIAL ENGINEERING

Top Investor Posts

Top Posts
Posted at 26/3/2024 12:18 by edmonda
Mpac Group - Investor Presentation (FY Results) - March 2024

Adam Holland (CEO) and Will Wilkins (Group Finance Director) of Mpac Group conducted an Investor Presentation covering their FY Results for the period ended 31 Dec 2023.

After a short video ("Innovation Unleashed"), management ran viewers through highlights of the period including strong financial performance, returning the Group to revenue and profit growth, and positive net cash. The team updated investors on progress towards strategic objectives and discussed the Group's ambitions, as well as providing a detailed financial review and answering questions in a wide-ranging Q&A session.

The full video is available below, divided into chapters:
0:00:03 Mpac corporate video ("Innovation Unleased")
0:06:49 About Mpac, including case studies (Adam Holland, CEO)
0:21:22 Financials (Will Wilkins, Group FD)
0:30:53 Ambition & Strategy
0:39:38 Summary & Outlook
0:40:35 Questions & Answers

Full video here:
Posted at 27/2/2024 13:12 by edmonda
Save the Date! 22nd March - Investor Presentation with Q&A - register below!

Mpac, a global packaging and automation solutions group, will be conducting an Investor presentation covering their Full Year results for the period ended 31st December 2023.

The online presentation will be hosted by Adam Holland (CEO) and Will Wilkins (Group Finance Director).

This event will take place at 9.45am on Friday 22nd March.

The webinar is open to all existing and potential shareholders, and registration is free. Questions can be submitted during the presentation to be addressed at the end.

Sign up to register here:
Posted at 08/1/2024 13:50 by castleford tiger
Darrin
Why would you want to squeeze BTL investors out of the market?
Posted at 23/11/2023 11:17 by backmarker
Well done and thanks for posting that ilika news. I wonder how big physically those jumbo batteries are?I was first alerted to MPAC by an article in MoneyWeek earlier this year, and subsequently impressed by the more recent investor presentation.They seem to have a lot of energy and fingers in a number of topical pies.They are clearly leaders in their field and it's to be expected some of their leading edge activity won't be all smooth sailing. II think they have a bright future.
Posted at 17/9/2023 09:40 by darrin1471
Mpac Group - Investor Presentation (Interim Results) - September 2023
Posted at 15/9/2023 19:03 by clive7878
Recommended in Investors Chronicle today , saying pe ratio in 2024 cud be just 4.9 looked a sure buy

There must be buts and ifs though somewhere, as trading today was a near all very much all red day of 80,000 sells

Shares now 119 - I see they're come down from £6.00
So ???? Are they on the rebound now ?
Posted at 13/7/2023 02:28 by shaker45
These markets are like a minefield with all investors scared to put a foot wrong. So I don't expect Mpac to be re-rated until market sentiment improves. And that needs interest rates and inflation on downward trajectories. Until then, any good news will tend to be overlooked while possible bad news will be punished
Posted at 17/5/2023 17:33 by castleford tiger
Clanger.......thank you.

I had not made it clear that i was talking about current year forecasts not EPS to date..........which as we are only 4 months in would of been something very special.

The current position is that the company is now net cash and will remain so.
I think a T/U is due in July.
For the nervous/sensible ones they can wait and see how things look then.

We were all caught out by the supply chain disruption but the business is strong ( i talk to a fair few based at Tadcaster close to my tennis club )and the possible battery work maybe a further bonus.

They are forecasting a big jump in EPS for 2024 and i guess i am saying i am going to be buying ahead of that.
Clearly i would expect any investor to do their own DD and if they are not comfortable they will not invest.

disc0......... and i had a falling out at DOCS and tbh i have him/her on filter because we just got on each others nerves.
Therefore i cannot answer their points which i imagine are mostly complementary!

best Tiger
Posted at 17/5/2023 10:30 by castleford tiger
I think now is the time to start pumping some cash into these again.

With 5 months of the year gone and EPS forecast of 25.5p the shares are trading on 9x.

for next year EPS of 38p even on todays valuation of 9x = 342p.

No debt but actual net cash which is growing.

The shares should start to move up and even more as i expect earnings upgrades to come from the company later this year and early 2024.

Its a strong buy in my opinion.

Sceptical investor

Maybe you were joking!

Tiger
Posted at 21/1/2023 02:16 by leoinvestoruk
To correct a matter of fact, it is false to say that their debt facility is currently unused.

Net debt debt of £4.2m (excluding lease liabilities) has been guided for 31st December 2022 which corresponds to something like £7m drawn to leave a cash float. OK, so CFT said "currently", but they would surely have said if debt had been repaid by the time of the announcement. Also guidance is that the cash has gone into inventory and contract assets and so hadn't even been invoiced on the 31st - therefore it will be a while yet before cash is received even if supply issues are immediately resolved.

Yes it is true that the revolving credit facility was extended to £20m and July 2025 giving good headroom currently. However the cash outflow in the last 6 months was £13m, so you can see what happens in the event this repeats - in my opinion this is unlikely to happen, but there was an updated cash forecast in mid September 2022 taking into account supply chain difficulties which turned out to be around £14.5m too high so things can apparently move very quickly. Likewise you can see what happens to the interest cover covenants if they can't fully recognise the guided revenue and profits on machinery that is incomplete and (in case of the QCP) subject to changing specification.

The pension fund is more a matter of opinion. My opinion in October/November was that the badly delayed triennial review would imminently conclude that recovery payments could be reduced significantly or potentially eliminated, that the PPF part of the admin costs would reduce, and, if we were really lucky the whole thing could be passed to an insurance company. Unfortunately since then interest rates have fallen back and there has been no update so at the very least it now looks like shareholders will be suffering the £1.1m and growing annual pension admin costs (which are NOT included in the widely reported EPS and P/E figure) for many years to come. And at least until they come to an agreement I believe recovery payments of around £1.9m pa will be made. Deduct both for current profit forecasts and they barely break even.

The £17.4m net of tax accounting pension surplus as at 30th June has probably increased since, but I have never before heard even the most bullish investor look at a situation like this and claim a £17.4m IFRS 19 pension surplus is "worth much more" than £17m. The reality is that the pension fund trustees make the decisions and they will protect their members by offloading to an insurance company at the earliest opportunity and insurance company valuations are far far less generous than IAS 19.

I'm being negative to balance others' positivity, but to be clear, Mpac is a pretty good business (good or very good for a bespoke capital goods supplier) and, with the exception of timely disclosure to investors, is well managed.

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