Mpac Share Discussion Threads

[arregius] 05/9/2020 13:54

This is your opinion? I hold mpac and i am bullish but the points in the pension are legit

[investor0109] 05/9/2020 11:05

Arregius- Mr Simpson oblivious to global economic meltdown? Perhaps not, though believe too critical a view given circumstances. IC view (July 13th):

'...will be an impact on Mpac’s operations this year. Panmure Gordon estimates -24% revenue to £67.6m...strong recovery in 2021 and forecasts sales of £81.5m...expect operating profit £2m, rising to £5.3m in 2021...Panmure far too bearish and overly cautious on 2021 numbers.

Mpac’s current rating fails to adequately factor in a pick-up in second-half orders ...potential for a stronger than forecast earnings rebound in 2021. Mpac’s management is ahead of the game...‘Fast Recovery’ plan to position the company for growth as activity levels return to normalised levels. The Covid-19 crisis...more blue-chip clients reappraise their manufacturing efficiency. BUY.'

[arregius] 05/9/2020 10:24

Mark Simpson in twitter: Too many niggles for me re:MPAC. Reading the results/ED note you'd think they were on a modest rating with a growing order book & no pension deficit. When you look into details you see a mid teens fwd P/E, £40m PD & order book down since YE. Plus TS issues already highlighted ?I holdbut aleays open

[arregius] 04/9/2020 17:27

285p close with 1 share bought? Ahhahaha

[castleford tiger] 04/9/2020 14:26

I was right about Coventry not Tadcaster to close.

tiger

[arregius] 04/9/2020 07:59

I guessed yesterday an update that willexceed expectations. Which are full year revenue forecasts? They seemed very confident to achieve them

[castleford tiger] 03/9/2020 22:32

Rach
I hope so as I am still wanting more.
The land is set for upgrades.
Broker had 350 fair value
About right at the moment

Tiger

[rachael777] 03/9/2020 20:13

Unlucky - looks like you will be able to get it a lot cheaper over next couple of days

[our haven] 03/9/2020 13:54

Decided to top up at 280 as a long term position.

[arregius] 03/9/2020 12:02

Awesome webinar. Very confident to meet full year forecasts and i am guessing an above market expectations update later in the year

[leedslad001] 03/9/2020 11:13

Looking for a 250 entry point

[bwm2] 03/9/2020 11:00

Link to Paul Hill of Equity Development's research note:
hxxps://research.equitydevelopment.co.uk/research/tag/mpac-group-plc
Good to see forecast reinstated at 350p on what he believes to be conservative revenue and adjusted EBIT 2020 forecasts. Nothing pencilled in for 2021 but there should be a sharp increase

[investor0109] 03/9/2020 10:19

Castleford Tiger- quite agree that MPAC a great buying opportunity today. Don't believe share price will close flat, however, as fear seems to have taken hold. Fear of what, I do not know, given MPAC still performing well despite wider economic carnage. Wager the sort to have been frightened away today soon hurry back when MPAC inevitably tipped in coming weeks.

[bwm2] 03/9/2020 09:50

added a cheeky 10k shares

[kevph] 03/9/2020 09:41

Good spot, topped up. Think the results are reassuring with the EV making this a very cheap business. Back on track for 2021 in my view. GLA

[castleford tiger] 03/9/2020 09:39

It’s started

[castleford tiger] 03/9/2020 09:17

Get ready for the pull back it’s coming

[castleford tiger] 03/9/2020 08:36

Big
Yes it’s one of my longest holdings
Tiger

[bubloo] 03/9/2020 08:34

I think good buy at around 2.50

[bigbigdave] 03/9/2020 08:18

CT - I take it you will mention MPAC at next week's PI world interview?

[arregius] 03/9/2020 08:13

Better?? You already knew we were down 30%

[castleford tiger] 03/9/2020 08:13

Strong numbers and a great buying chance
It will turn today to close pretty flat
Tiger

[arregius] 03/9/2020 08:13

Ahahahahahah wake up