Mpac Share Discussion Threads

[castleford tiger] 30/10/2020 12:51

shaker I will ask the same

[shaker44] 30/10/2020 12:29

Well done! Wanna share your value dogs??

[cjohn] 30/10/2020 11:36

I've taken the opportunity of the price spike of the last few days to sell my entire holding here.

I bought the stock at a small fraction of the current price when it was still called Molins, and was a classic value dog, trading at a discount to asset value, in part because of over-blown concerns about the pension situation. In addition the business was poor.

The company's transformation over the past few years was not visible at that time at all - or at least not to me.

So I agree - to a certain extent - with the bullish statements of other posters on here, but have decided to re-cycle my MPAC investment into a couple of value dogs, trading on dirt-cheap multiples.


Good luck to holders and thanks for all the informative postings.

[castleford tiger] 27/10/2020 10:36

Yes I think they are.
Pretty sure some news is coming but not 100% yet
tiger

[shaker44] 27/10/2020 02:09

Announcing something Tiger? So still a buy at this level in your view?

[castleford tiger] 26/10/2020 16:46

so we get some official forecasts

panmure have 2021 at 37.4p eps and a target of 461p.

I disagree.
Firstly a company with such growth potential is worth more than 13x earnings.

We are ignoring the cash of 10m still waiting to be spent.

I also feel the targets whilst a move forward are still behind the curve.

I gave my estimates about a month ago on here and I still feel that the official numbers will rise to meet my target.

Its a good place to be and a new closing high in modern times.
The company may also be announcing something soon.

tiger

[redalert] 26/10/2020 14:18

Mngf - ST is Simon Thompson of investor's chronicle. Regards RA

[pjleeds] 26/10/2020 13:38

Wot does mfhmfh mean

[mngf] 26/10/2020 13:23

Sorry guys what does ST mean?

[our haven] 26/10/2020 12:15

I am happy with the target price mfhmfh, by no means unrealistic.

[richjp] 26/10/2020 12:15

What I like about ST is that he sets realistic and achievable medium term price targets, but is not afraid to upgrade them as events unfold.

[mfhmfh] 26/10/2020 12:06

ST just updated his view on MPAC:

New target price of 461p.

[our haven] 26/10/2020 12:04

Some very good buying going on lifting the price. Looking very promising again.

[arregius] 21/10/2020 17:55

VERY FEW MARKETS that #MPAC aren't able to support in some degree when it involves cartoning or case packing systems

[arregius] 16/10/2020 08:30

Just tweeted: https://twitter.com/arregius/status/1317000001202081799?s=21

[basem1] 15/10/2020 12:02

Managed a few back at 345 Kept some powder for further silly games if necessary

[arregius] 15/10/2020 07:25

In my view it will have many pullbacks but as they grow and develop, up to the right. Bumpy but thats how big companies are created

[mcbabs] 14/10/2020 18:51

320 looks like a good point to add to my position if it pulls back as far as that.

[basem1] 14/10/2020 17:57

Pleased of the pullback I need back in.

[shaker44] 13/10/2020 09:00

Tiger, thanks for flagging your other 3 Aims the other day. Cast your eyes over Flowtech. May be up your street!

[arregius] 12/10/2020 14:59

Indeed they appear all as buys

[fizzypop] 12/10/2020 13:44

Thanks CT ... my thoughts too and presumably the general consensus since there has not been a sell off/profit taking. I remain a LTH.

[lucicavi] 12/10/2020 12:49

Check out RCH, amazing chart PE of 3 £43m cash