Share Name Share Symbol Market Type Share ISIN Share Description
Mpac Group LSE:MPAC London Ordinary Share GB0005991111 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -9.00p -4.36% 197.50p 195.00p 200.00p 206.50p 196.50p 206.50p 42,777 13:20:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 53.4 4.3 8.4 23.5 39.83

Mpac Group Share Discussion Threads

Showing 76 to 100 of 100 messages
Chat Pages: 4  3  2  1
DateSubjectAuthorDiscuss
21/5/2018
22:26
Take profits and invest where? Run the winners Tiger
castleford tiger
21/5/2018
09:54
Just to balance my previous post, the Shares magazine item was requoted in the current edition of MoneyWeek. It ends by saying that the shares no longer look significantly discounted, take profits and move on. I would say that a take profits recommendation is not the same as saying that it is a strong sell, therefore I am staying in.
richjp
18/5/2018
14:37
ST's comments are in the IC today. I browsed it in the W H Smith reference library. His views are much in line with my last post although obviously more comprehensive. He sees the recent share price setback as a buying opportunity and said that his unchanged forecast for the share price of 250P was "conservative".
richjp
14/5/2018
14:31
I will look forward to hear what ST has to say. To lose the chairman and the FD is obviously a bit disconcerting. We know that they are sitting on a huge cash pile and I think a lot of the expectation in the share price has been due to the fact that people are anticipating what they will do with it. The former chairman and FD would presumably have been heavily involved in discussions concerning potential acquisitions, so the resignations may delay things somewhat. I think the opportunity has not gone away but just been deferred for a while. The financials remain the same.
richjp
14/5/2018
12:18
Simon Thompson
spob
14/5/2018
12:17
Tipped just now??
smallcapinvestor1
10/5/2018
19:19
What did Shares magazine say?
richjp
10/5/2018
15:58
More than happy to sweep a few up sub 200p. Shares Mag often a contrarian indicator ;)
xajorkith
10/5/2018
12:27
It was a Shares mag tip that triggered the drop. No drama just lemmings following the tipsters
davr0s
10/5/2018
12:22
Picked up a few on the dip here
5chipper
07/5/2018
18:01
Losing the FD is usually a bad sign however the fact that he is working his six month notice period suggests that he is not someone leaving because he has screwed up. If he had left immediately that would be far more concerning.
richjp
07/5/2018
17:38
The paid for research from Edison httP://mpac-group.com/wp-content/uploads/2018/03/Equity-Development-060318.pdf might be of interest to you? I’ve rarely seen a better investment proposition than MPAC presents at the moment..rapid growth stories rarely come for free..net out the cash and the surplus property and you get a niche engineering growth business for nothing. To argue the bear case is admirable contrarian behaviour👍
rhomboid
07/5/2018
17:09
The interesting thing here is that the leftover company has lost all its cash generative business (the tobacco side). This was high margin and lots of cash. The remaining business is not straight forward. Food packaging - this is highly competitive and very low margin. Easy to get high sales figures, not easy to back up those sales figures with good margins and cash generation. The big risk with low margin sales orders is of course installation problems. Installation problems can eat your margins in no time and leave the project running at a loss very quickly. Technology - their Mtech division makes lots of money IF they are doing repeat machinery orders. If their repeat order book runs dry and they get involved with first of a kind then Mtech can lose lots of money and gobble cash. You have to therefore look at the margins on the Food Packaging side as a stand alone. And you have to watch the profit levels on the technology side like a hawk. The FD resigning after such a very short time since joining is not indicative that things are rosy. All of course IMO.
pro_s2009
04/5/2018
08:24
Agreed - and see 'nothing untoward' in title of brief note from ED published today reiterating business as usual. No change to forecasts or fair value. Research on here: https://www.equitydevelopment.co.uk/edreader/?ltkn=e9e722b2b0136ff5deb7bd5c57287381IgQhw3VN&d=%3D%3DwNxQjM
edmonda
04/5/2018
07:58
Leaving for personal reasons but will be seeing out his six month notice period, so don't think there's anything untoward behind it. Still slightly odd as he only joined last year.
xajorkith
04/5/2018
07:19
FD leaving announced after hours yesterday.
penpont
19/4/2018
21:50
Thanks rhomboid
nfs
19/4/2018
20:52
I attended the AGM ,it was derailed by a late start due to train issues for registrar , I needed to leave quickly but formed a v favourable view of mgt , Monks Risborough site seems to be a case of when not if,and revised scheme has fewer homes but similar gross development value, a well deserved tribute to our outgoing Chairman was eloquently delivered by a fellow shareholder, my view is best expressed by me leaving the meeting and buying quite a lot more shares but i’m still Likely to add more on any pullback.
rhomboid
19/4/2018
10:13
It did say that he was leaving for personal reasons although that could just be a cover up. It's always disappointing when a chairman leaves who has been involved in what has over the last year so far been a highly successful turnaround situation, however with the strong position I believe the company is now at, it should be fairly easy to find good people to come in.
richjp
19/4/2018
09:58
Possibly not well or a family member. Is he linked with any other companies|? Tiger
castleford tiger
19/4/2018
09:00
hmmm. Surprise news of Chairman resignation. He is stepping down at once. No explanation with announcement today.
kenmitch
16/4/2018
15:17
Up again. I wonder if someone has a whiff of news about a deal. They have cash to spend now.
richjp
13/4/2018
15:58
Great to see this hitting a new high. Looking really strong & may get to 250p quicker than I expected :)
xajorkith
04/4/2018
09:59
I'm a holder too. I guess I wasn't clear that tax year end selling is a potential buying opportunity when liquidity comes into the market.
hpcg
04/4/2018
08:26
I take opposite view as they are so hard to buy. I have 300p[ fair value by later this year as this management are on the ball. However PDYOR. Tiger I am a holder
castleford tiger
Chat Pages: 4  3  2  1
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