Mpac Share Discussion Threads

[velvetide] 19/2/2021 21:23

Picked up some of these at an average of £2.30 in the March sales. Luckily I'd sold my oilers through mid to late Feb and had cash to invest. I was looking for stocks which were badly beaten down but which had been strong technically prior to the crash. This had been one of the strongest technically just prior to the crash so it fit the bill perfectly.

Having been active in the markets around 2008 I'd learnt the lesson, in a crash buy quality and aim to keep for the medium term (3-5 years +).

[our haven] 19/2/2021 19:02

It is fantastic CT. looking good for your target top slice!

[castleford tiger] 19/2/2021 18:49

420 to 450p JUST 3 WEEKS ago.
Now up a clear £1 from those crazy days.

Pleased the write up is good and has focused minds again on what a good business this is.

As I said I may consider letting a few go at £6.00 to balance my portfolio.

I do feel this will go very much higher as further deals are done.

tiger

[richjp] 19/2/2021 17:43

MoneyWeek is the only financial mag I subscribe to so I have just read the article and it is indeed very positive.

If you are too tight to buy it you could always take a quick browse in the W H Smith reference library. It's on page 28 of this week's issue.

[fizzypop] 19/2/2021 12:52

WheelieDealer
@wheeliedealer
·
21m
#MPAC up 5% - ADVFN Free BB has a helpful post saying MoneyWeek has written them up. (Might save the week for me ;-) ....)

Thanks WD, much appreciated.

Also to patsyluck whose post I've just noticed.

[bigbigdave] 19/2/2021 12:34

Ta patsyluck, breaking out on that :o)

[patsyluck] 19/2/2021 11:57

FWIW Moneyweek have a full page story today on MPAC...Very positive on its prospects
and price despite recent runup.

[our haven] 17/2/2021 08:13

Full year results confirmed as the 17th March.

[castleford tiger] 01/2/2021 17:20

common sense coming back.

Always happy to fill up when the market is having an off day.

They can have a few back at 600p
Tiger

[richjp] 01/2/2021 12:01

I think that when it shot up to 520P that might have been too far too soon.

We now be back to a bit more steady progression which may be no bad thing.

[our haven] 01/2/2021 11:33

Climbing very well this morning. Congratulations to all those holding as it continues to revalue as we believed it would.

[arregius] 31/1/2021 09:45

What do you think about the pension? Many saying it can cost us much money and fcf to put into the pension. Thanks

[arregius] 31/1/2021 09:44

I am holding every piece. Bullish LONGTERM

[tole] 31/1/2021 09:31

It was from the end of last week - 20th Jan.. but thought it worth flagging as coverage.

[our haven] 30/1/2021 14:51

Took the opportunity to top up Friday at 434. At that point I feel plenty of upside potential.

[tole] 30/1/2021 08:09

https://masterinvestor.co.uk/equities/small-cap-round-up-featuring-alumasc-augean-devro-and-more/MPAC Group (LON:MPAC) – time buy before the finals?A week ago, the shares of this high-speed packaging and automation solutions group reacted well after the full-year trading update. They touched 530p in response to better-than-expected trading for 2020, together with encouraging outlook predictions for this year. Subsequently they have seen some profit-taking take the shares down to 485p, before closing last night at 500p.It always has been a 'roller coaster' in price, due to the large 'dealing spread'. Even so, there are several onlookers predicting an early try to 600p as their price aims.It was certainly a winner for my profiles list over the last year or so, and I see no reason to be out of the shares just yet.In fact, ahead of the 1st March finals there could still be buying opportunities.

[castleford tiger] 29/1/2021 19:50

Added 10 k more at 440p

Sit tight it’s a great position
Tiger

[shaker44] 28/1/2021 11:07

Added 5k @ 430. Too good to miss

[castleford tiger] 28/1/2021 10:23

had another 15000 in bits at average 420p.

added 45000 shares this week.

tiger

[squintyflinty] 28/1/2021 09:57

This is a good entry point in my humble opinion.

[shaker44] 27/1/2021 16:30

What's changed is sentiment,
with growing awareness that Vax isn't the quick fix media was touting.

[castleford tiger] 27/1/2021 16:18

bought all day and as low as 452p

Love buying on the weak days.

What's changed ? NOTHING

This is far too cheap and I expect a strong bounce as this is now far too cheap.

DYOR please

tiger

[shaker44] 27/1/2021 08:02

Be patient. These markets are looking scared. Mpac may not have bottomed out yet

[olart1] 27/1/2021 07:24

Sorry to ask silly question, but assume you are saying that you are buying because
you see a £5.50 share price, ie 75p from current price ?