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
  +1.00p +0.45% 225.00p 222.00p 228.00p 227.50p 216.00p 224.00p 219,774 15:03:41
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 53.4 4.3 8.4 26.8 45.37

Mpac Group Share Discussion Threads

Showing 51 to 75 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
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
03/4/2018
23:35
Personally I think there is more froth to come off large cap US tech. That will get people worrying about all shares - volatility does what it says on the tin. It also has to be said there could be end of year selling to bed and breakfast into ISAs, or just to take profits. Up to you.
hpcg
03/4/2018
21:25
do i buy or do i not please let me know your thoughts.
red5
03/4/2018
10:44
Taken nearly an hour to buy c10k . Think MMs using general market weakness to call down Mpac to try and buy some cheap ones.
wilsonst1
18/3/2018
15:32
And in the end what matters is how the market values this and at the moment it's going up which is all I care about
davr0s
17/3/2018
20:29
Perhaps you missed this in the results statement? The IAS 19 valuation of the UK scheme resulted in a net surplus at the end of the year of £17.6m (2016: £4.6m). The value of the scheme's assets at 31 December 2017 was £414.6m (2016: £401.9m) and the value of the scheme's liabilities was £397.0m (2016: £397.3m). The scheme's assets have benefited from strong returns in the year which has increased the scheme's surplus. The scheme's obligations fell slightly during the year. -- the beast from the east may help the latter further, Dignity has reported an uptick in the death rate so far this year. Which leads to this: The deficit recovery plan will be reassessed as part of the 30 June 2018 actuarial valuation, which is expected to be completed in the second half of 2019. And then also this: Group equity at 31 December 2017 was £42.8m (2016: £35.4m). The movement arises mainly from the net actuarial gains in respect of the Group's defined benefit pension schemes of £5.9m, a profit for the period of £1.6m, currency translation gains on foreign currency net investments of £0.6m and translation reserve recycling of £1.1m arising as a consequence of the sale of the I&TM division, all figures are stated net of tax where applicable. The dividend rules are complex and constrained by the out of date recovery plan, see the the results text again, but in any case a company the size of MPAC should not under any circumstances be paying a dividend in my opinion. The levy payment will likely continue, but not the catch up payments. I am not for one moment suggesting the pension fund doesn't need consideration, but to suggest it makes MPAC a zombie company is far from an accurate depiction.
hpcg
17/3/2018
13:51
Simon Thompson's analysis and bullish view of MPac in Investors' Chronicle is flawed. MPac is a pension zombie company - a £400m pension fund with a huge funding shortfall and a small and overvalued business on the side. MPac currently has to find £2.6m cash (£1.8m contributions + £0.8m administration costs) annually for the pension fund for years to come, a situation which is likely to worsen given the £70m hole in the pension fund. Set against this MPac's £29m of net cash, which is catching the punter's eye, is chicken feed. Difficult to see any real value in the shares evidenced by the absence of any dividend, share buyback or meaningful directors' holdings. Strong sell.
wiltshire sage
14/3/2018
08:03
Good luck to here, if it hits 2.50 it hits it. I just can't see it ever happening and it seems over hyped imo. I'll pop back in round June to see it in the same sort of area now doubt
ronwilkes123
14/3/2018
00:12
Don't feed the trolls
tudes100
13/3/2018
18:52
"Sell off" lol - just stand back and look at the 1 year chart
davr0s
13/3/2018
18:41
The future is very bright. Tiger
castleford tiger
13/3/2018
18:26
I am not the greatest believer in charts particularly with medium and smaller companies, however I would say that for those that do like charts, the MPAC one now looks pretty good.
richjp
13/3/2018
18:11
Oh dear ronwilkes123. Not sure what you're trying to achieve with such bizarre comments like "quite the sell off" or your previous gem that the chart was "one of the poorest" you'd ever seen. Whether you're "short" or just want to buy in lower, you won't achieve much here like this & will just end up being filtered. Hopefully you'll come round here as you did on the RFX thread :)
xajorkith
13/3/2018
17:44
I would hardly call today a sell off. Although we all want to see our portfolio growing all the time, a correction is usually better than an share price that soars too high only to come crashing down again.
richjp
13/3/2018
16:47
2.50 blue sky thinking imo
ronwilkes123
13/3/2018
16:47
Don't know if the market agrees, quite the sell off this afternoon here
ronwilkes123
12/3/2018
19:32
I see 250p on what we have right now. Great turn around and I liked the interviews. Big holding and not selling any Tiger
castleford tiger
Chat Pages: 3  2  1
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