Mpac Share Discussion Threads

[shaker45] 19/3/2024 10:22

Presumably Dave, pension liabilities reduce over time, and the funding gap reduces as the markets improve and pension assets increase (hopefully!).
So the annual payment should follow an annual review, subject to audit, surely? Rather than fixed.

[disc0dave46] 19/3/2024 09:41

TigerDoes look decent and wish you good fortune here.I still don't like them treating their significant pension contribution as non underlying, from memory it's a fixed annual payment isnt it?. Deduct just that and you're virtually back to stat numbers and half the eps. Makes a massive difference but guess its an individual call as to whether or not you are comfortable with their adjustments.

[brummy_git] 19/3/2024 08:02

In this fascinating interview, CEO Adam Holland & Group Finance Director William Wilkins of Mpac take me through today’s strong 2023 results, record bookings and positive outlook.

[castleford tiger] 19/3/2024 07:16

500p based on those numbers with a further 40/50% upside should we hit those targets.

A well run company that i have a big stake in.

tiger

[edmonda] 19/3/2024 07:15

"Going for Growth: FY23 results ahead on all metrics"

Detailed new research report here:

For the year to 31 December 2023, Mpac Group reported results which were ahead on all key metrics.

Revenue of £114.2m, +17%YoY, was 7% above ED outlook and EBITDA (adj.) of £10.7m, 12% above our outlook, a 9.4% margin (FY22: 7.0%). The closing order book of £72.5m was up 8%YoY, backed by record £118.5m order intake, an impressive +41%YoY.

Mpac achieved its initial goal of a return to normalised operations and has established a firm platform for growth. Accordingly, the Group has launched a new five-year roadmap with an ambition to broadly double revenue from their existing businesses.

We have raised our Fair Value from 485p/share to 530p/share with the prospect of FY25 adj. EBITDA c.40% above FY23.

[brummy_git] 19/3/2024 07:07

Strong FY23 results combined with an upbeat outlook today from Mpac, a high-speed packaging & automation solutions group.

All the details here.

[castleford tiger] 18/3/2024 20:48

7 am tomorrow

[backmarker] 07/3/2024 15:53

Added a few more. Looking forward to the results and presentation.Hoping they are continuing as the last update, delivering more and increasing the order book.

[backmarker] 27/2/2024 16:28

Back in again, hoping this is the start of momentum ahead of the results.Seem to remember someone telling me in the dim and distant that interest picks up around 3 weeks out from an event.I'm not expecting much more than we heard in the trading statement about 2023. What I am leaning on is the record order book they claimed and the expectation that this has raised performance in the first 2 months of 2024 and should continue through the year.I'm looking for £5 by mid year and £6+ by the year end.

[edmonda] 27/2/2024 13:12

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:

[castleford tiger] 24/2/2024 15:21

Cheers I think £5 this year

[disc0dave46] 24/2/2024 12:37

All the best then.

[disc0dave46] 23/2/2024 09:35

Hope you took your 400

[charlotte2020] 20/2/2024 20:21

Very big volumes in this today

[disc0dave46] 14/2/2024 17:51

Fair play and hands up to calling this wrong.Hope you do well and good luck.Tough few years but hopefully the start of a recovery.

[castleford tiger] 14/2/2024 16:59

I certainly did not pal. It’s had a great run but more in the tank
Tiger

[disc0dave46] 14/2/2024 16:35

Hope you took your £4

[sooty snipes] 08/2/2024 19:32

Looks like TND is about to take off.

[castleford tiger] 08/2/2024 12:33

From me TND for recovery and MFX
Both massively undervalued in my opinion

[backmarker] 08/2/2024 09:51

Thanks darrin. Here's a left-field offering in return:VINO, aka Virgin Wines.

[castleford tiger] 07/2/2024 09:12

cheers darrin

[simmsc] 07/2/2024 02:35

Both your overweight positions have beautiful cup and handle formations (mcb on the 3yr graph and acrl on the 1yr graph) ... Suggesting strong technical upside potential.

[darrin1471] 06/2/2024 20:58

MCB & ACRL, I'm very overweight.
KETL, GHH & ANG holding.
JET2 & JDW holding for results and momentum.
MRK is a growth share but may fall further over the next few months
Bought CARD on weakness and may repurchase MKS if it falls below 225
SYNT, MARS, SFOR, CRPR, PZC, CURY, SPEC, FSJ, COM, PRES, TRI, ZYT, XAR are all potential multibaggers but just watching at the moment.

[our haven] 06/2/2024 17:07

Still decent volume levels Sooty. Think after this level of rise, there will be plenty of us watching and waiting for any weakness.Keeps rising though and I am still holding.