Mpac Share Discussion Threads

[edmonda] 04/3/2020 08:09

Yes, ''excellent'' FY19 results: revs +52%, underlying EPS 39.5p, cash £18.9m and final div 1.5p.

And CEO says 2020 'has started well'

New Equity Development research out, with fair value maintained at 350p / share. Click here for free access to full note:



And see the CEO and CFO discuss the results and outlook on this video interview (7 mins long) here:

[capercaillie] 04/3/2020 07:45

hxxps://www.equitydevelopment.co.uk/edreader/?d=%3D%3DgM5YjM

[mrnumpty] 04/3/2020 07:43

So , cash of £ 7.5 M is 12% of the market cap of £ 62 M , which equates to 36p of the current share price of £ 3 . So , by deducting the cash ( 36p ) from the current share price ( 300p ) leaves 264p . By dividing this ex-cash value by 39.9p suggests to me a p/e ratio of 6.6 . In addition , dividend restored . Good luck all .

[tongostl] 04/3/2020 07:38

And the outlook is "positive" which must not be underestimated given the current climate. There is so much growth in front of the company here in the short/med/long term.

[tongostl] 04/3/2020 07:31

Less the costs associated with the Lambert acquisition and the results are much better than anticipated. Almost zero impact from China and a much better quality customer list makes the future that bit more brighter. This company and this BoD are a classy act. 39,5p EPS is nothing short of sensational.

[andyview] 04/3/2020 07:30

Excellent market update and a positive outlook.

Gla

[cravencottage] 04/3/2020 07:26

39.5p eps and divi

Going back to previous highs imo

GLA

CC

[castleford tiger] 04/3/2020 07:22

Surprised dividend .
This has to go up this morning.

Still see 400 as fair short term

[capercaillie] 04/3/2020 07:12

Return of a dividend.

[mrnumpty] 04/3/2020 06:05

Although markets in the US fell yesterday , the Japanese and Chinese markets were about flat last night . Good luck all for imminent results here .

[john09] 03/3/2020 16:37

A great day. See you in the am

[john09] 03/3/2020 16:04

Ive put my final 5,000 on the table if they want them they can go

[tole] 03/3/2020 16:03

Yes good practise.. to be fair I've used the recent rises today to offload quite a few in other stocks I hold which I've been buying through the recent drops just to limit my exposure.Just want to hold quality stocks at this time. Which of course includes this one.

[john09] 03/3/2020 16:01

Flying still

[john09] 03/3/2020 15:56

You just never know how share price will react to an RNS hence the selling down. Holding 5,000 for more gains i hope. 2019 results will be great. Might even be an acquisition announced tomorrow.. somethings moved the price considerably so its clearly a leak!

[tole] 03/3/2020 15:55

Yeah I'm holding mine for tomorrow.. can see this heading back towards recent highs after what should be excellent results... although I have nothing like your holding.

[john09] 03/3/2020 15:52

Sold another 5,000 at 301. I think its clear this is going up tomorrow but given i had so many i wanted to capitalise on the 50p move in 24 hours. Still holding many for tomorrow’s rise

[john09] 03/3/2020 14:34

Looks great . I’ve sold 40% into this rise . Still holding 12,000 into tomorrow 💪🏼

[74tom] 03/3/2020 12:55

Happy to buy in this morning at what seems like a bargain price compared to mid Feb. I’d expect buying to pick up pre close as others get in before what should be excellent results tomorrow.

[john09] 03/3/2020 09:55

We would be £4 today if it wasn’t for you know what

[tongostl] 03/3/2020 09:51

These results are for FY upto Dec 31 so zero flu virus complications, thus, they will be excellent. Question is, just how excellent? I imagine January was an excellent month too, Feb not so much, but outlook to continue being excellent, maybe even a positive knock on effect from the chinese slow down in production? Less reliance globally on man power in production? All good news for us imo.

[john09] 03/3/2020 08:51

Buyers at 298p

[john09] 03/3/2020 08:40

Plenty of buyers at 290p , 295p

[tongostl] 03/3/2020 07:07

What in tarnation are you talking about tongy?