Mpac Share Discussion Threads

[castleford tiger] 30/3/2021 08:13

Yea got my trading stock back at an even better price.
3 x I have achieved over 10% trading the same batch of shares( separate to my core holding )
Today’s weakness provides a further chance to trade again
Tiger

[edmonda] 30/3/2021 07:35

And presentation at 11am this morning

[edmonda] 30/3/2021 07:35

There is some scepticism that the best engineering companies could consistently expand the top line at 10%+ organically, whilst delivering 10%+ EBIT margins over the economic cycle. This rarely happens, but due to astute foresight, attention to detail & almost flawless execution, we think {{linkedin_mention(urn:li:organization:75780|Mpac Group plc)}} has every chance of breaking the mould.

Helped not only by its 100% exposure to the expanding healthcare, food/beverage and pharmaceuticals industries, but also the secular tailwinds of Ecommence, Industry 4.0, ageing populations, premiumisation, reshoring, biodegradable/recyclable materials and consumer convenience. Elsewhere there are other exciting prospects. Not least in craft beers (re post £10m Switchback acquisition in Sept’20), alongside designing state-of-the-art packaging equipment to manufacture Covid tests and/or vaccine vials, which could add further juice.

Therefore irrespective of the recent price appreciation – we believe there’s still plenty to go for. Lifting our valuation from 445p to 600p/share, yet equally acknowledging that if Mpac can achieve it’s “10+10” target, then the stock would rightly deserve at least a market multiple, driving it to possibly >£10 by 2023.

[bigbigdave] 30/3/2021 07:32

Looks pretty good to me in the face of Covid


MPAC from Equity Development: Lifting our valuation from 445p to 600p/share, yet equally acknowledging that if Mpac can achieve it’s “10+10” target, then the stock would rightly deserve at least a market multiple, driving it to possibly >£10 by 2023.

[bwm2] 25/3/2021 13:13

Ca m'est egale

[cs12] 25/3/2021 12:08

MPAC or TND
Which one will get to £10 first

[our haven] 25/3/2021 10:03

Nice tick up this morning as we move towards Tuesday's results. Hopefully a good sign.

[castleford tiger] 24/3/2021 18:17

not got mine back yet

[bwm2] 23/3/2021 08:33

oops.. meant sold

[bwm2] 23/3/2021 08:31

Added 5k at 544p yesterday. Late reported trade. The spread was 540-560 at the time. Anyone any thoughts as to the reason they were bought?

[our haven] 22/3/2021 12:56

Like your confidence CT with the results due 30th March. Currently the price is just ticking up but you never know. Either way you have banked a good profit.

[castleford tiger] 22/3/2021 11:59

looking to buy my shares back that I sold.
Bidding 540 and its up to the mm now.

tiger

[skwas1] 17/3/2021 10:44

Ok. Thanks Big Dave.

[bigbigdave] 17/3/2021 10:11

No, date changed.........reckon caught a few out selling this morning.

10 March 2021

Mpac Group plc

Notice of Results Update

Mpac Group plc, a global leader in high-speed packaging and automation solutions, confirms that it will announce its results for the year ended 31 December 2020 on Tuesday 30 March 2021.

This is a slight delay to the previously announced date and has been requested by its auditors, as a result of the ongoing logistical challenges in concluding an audit of a global business while adhering to remote working practices as a result of the COVID-19 pandemic.

[skwas1] 17/3/2021 10:09

Are the end of year results due out today?

[zimbtrader] 11/3/2021 20:10

This is the share that keeps on giving. Targets, anyone?600 feels like a barrier it hasn't got through but I thought that about 400. And 500. Can't see beyond 600 but, oh hell, I want to be wrong again!

[arregius] 10/3/2021 18:50

Sorry that message wasnt meant here ahahh

[castleford tiger] 10/3/2021 17:41

I sold mine so its not mine showing for sale.

I also bought most back at 550 this morning

Tiger

[arregius] 10/3/2021 16:18

Who is Joining after jp morgan?

[tiswas] 10/3/2021 13:17

Yes, rare mistake from CT advertising that and I sold a few at 5.86 with a view to buying back lower down. Rarely works though! 🤣

[velvetide] 10/3/2021 12:29

Share price could be soggy for a bit as MMs can see 50k is up for sale, an amount for about equal to the average daily volume over some period.

[arregius] 10/3/2021 12:05

Mpac Group PLC - Notice of Results Update #MPAC @MpacGroupplc https://www.voxmarkets.co.uk/rns/announcement/4af9499b-9ac4-41ec-97d8-1ae77b28a797 Results 30 March requested by the auditors.

[castleford tiger] 10/3/2021 08:13

Might be have some back if they take my 550 offer for a lump

[castleford tiger] 03/3/2021 21:33

I am taking some out at that price.
The majority I bought in this year.
My core holding is going nowhere until I review at market cap of 150 m
I am looking forward to the update this month.
Tiger