Mpac Share Discussion Threads

[gswredland] 20/6/2024 11:34

Yes agreed john

Do we know when the next TU is likely please guys?

[johnrxx99] 19/6/2024 07:15

Has held up well in the current market weakness.

[backmarker] 17/6/2024 04:35

Trading update due in a few weeks, at or around 11 July. I anticipate encouraging numbers.

[partridge1948] 03/6/2024 14:57

A long term holder. Pleased to see increase in Service revenues last year to just under £32M. Margins on service work usually quite healthy, so not sure how much the £82M of OE revenues contributed to pre tax profit £4.7M. With healthy manufacturing order book there would seem to be plenty of opportunity to grow the bottom line if they can get margins better on the OE side - 10% would be nice, and should be achievable? Always dyor.

[gswredland] 28/5/2024 15:25

Thank you Tony

[tonytyke2] 28/5/2024 10:20

Not sure what Stocko info you were looking for gswredland but they have a high Stock rank of 89 with 3 long screens passed, 1 growth and 2 momentum.

[gswredland] 24/5/2024 15:32

I wonder how stockopedia rates MPAC?

[bigbigdave] 24/5/2024 07:07

"Brummy_Git" (post 2096) is actually Paul Hill :o)

[evoque92] 24/5/2024 06:52

videos.voxmarkets.co.uk/video/6783/vox-markets-fund-manager-series-laurence-hulse-of-dowgate-wealth/

top function if google paul hill Laurence Hulse

[castleford tiger] 23/5/2024 09:52

do you have a link please? EVOQUE

[gswredland] 23/5/2024 09:50

Has anyone worked out the PE here please?

[evoque92] 23/5/2024 05:45

Yes velvettide, Laurence hulse on with Paul hill Vox talked about it in December worth a watch

[backmarker] 22/5/2024 12:55

The higher the MPAC share price goes the more frequently I review my holding as I imagine any serious investor will.I believe 600p is achievable by end-24. But if they can make progress on their 3-year ambitions then 1000p by end-26 is surely well within reach.

[velvetide] 22/5/2024 12:49

Now a blue sky stock? I seem to remember listening to a podcast in which it was claimed that techniques from Molin's tobacco processing tech could be applied to revolutionise battery production, so maybe soon to see all time highs?

[brummy_git] 22/5/2024 12:37

All the commentary & news here wrt today's break-through FREYR battery news for MPAC

[edmonda] 22/5/2024 12:12

More good news today as the first production trial of 24M Technologies SemiSolidTM unit cells has been completed in Norway 👋👋

Read Equity Dev's recent note as to why they see Fair Value for MPAC shares still above current levels:

[our haven] 22/5/2024 11:44

Could well be right CT especially with the news just out.

[castleford tiger] 21/5/2024 17:54

I think there is another £1 in the price

tiger

[our haven] 21/5/2024 10:28

Reduced my holdings this morning as the successful rise has put my exposure to MPAC too high in my portfolio.Happy to still hold a high percentage in my portfolio for the longer term.

[saadia110] 20/5/2024 14:30

500p paid.

[backmarker] 20/5/2024 13:25

Normal rate of share price increase has been resumed.

[backmarker] 15/5/2024 08:36

Everything on track it would seem.Clearly some people were expecting more, judging by the yo-yo of the last two days.Given the potential here a fair value of 530 seems cautious, but nevertheless still underlines that MPAC is very much at a discount despite its recent rise.

[brummy_git] 15/5/2024 06:39

In this upbeat, CEO Adam Holland of Mpac Group takes me through today’s ‘in line’ trading update, current demand picture & longer term strategic opportunity for this specialist high speed packaging & automation solutions group.

Note: Mpac Group is a Vox Markets client.

[edmonda] 15/5/2024 06:37

AGM statement: momentum maintained - link to research note here:

In a statement to accompany today’s AGM, Mpac reports that the strong earnings momentum established in the second half of 2023 has continued into 2024. Accordingly, the Group is on track to meet FY24 market expectations, with the customary second-half earnings weighting.

Following the AGM statement, our outlook is maintained. Our Fair Value of 530p/share is indicative of a FY24 EV/EBITDA multiple of 7.9x and PE of 13.9x. Compared to market cap weighted averages of 11.8x and 18.2x respectively for a group of Mpac peers, Mpac trades at a significant discount.