Mpac Share Discussion Threads

[richjp] 15/4/2021 11:31

I would like to top slice at some point however the spread always seems to be very wide. Currently with Hargreaves Lansdown it's 30P and the smallest I have seen recently is 20P.

Is there any reason other than it is still quite a smallish cap company?

[shaker44] 15/4/2021 10:59

Thx for sharing Tiger. Apart from Mpac, my pick of those is TND, JOUL and MNZS- for what it's worth

[castleford tiger] 15/4/2021 10:38

Indeed I am.
I was invited on to the REBEL chat room and I spend more time there.
If you get the chance to join its worth it.

The last 2 places were auctioned off for charity and made something like 5 k for the pair.

Its full of real quality.

I am big on
TND now a 6 bagger
MPAC
SAGA
NRR
SNR
RBN
JOUL
MFX
LPA
MNZS
tiger

[estienne] 15/4/2021 10:10

Glad to see you still active Castleford

[shaker44] 15/4/2021 02:01

I sold off all mpac in my Isa (so no cgt) to capitalise on ST bounce! Hoping to by back lower when these toppy markets correct. We shall see.
You never get poor taking a good profit anyways

[zimbtrader] 14/4/2021 17:42

One of many little earners but MPAC has astounded me over the last year. It's the gift that keeps on givingAnd had / have the occasional bum investment but get out quick, learn lessons and move on. Your posts are helpful and thought provoking. Thanks and do share any potential opportunities! ;-)

[castleford tiger] 14/4/2021 17:29

Zimbtrader

if you got a little earner and are happy I cannot fault you.
good luck

tiger

[zimbtrader] 14/4/2021 16:50

Thank you ST!!!And CT. I was swayed by your comments on additional "trading shares" (below) additional to core holdings and added more sub 510.But I also see Shakers point! This, I reduced by trading share holding by half this afternoon as the value the entire whole holding was very much higher than my comfort level.Hopefully, momentum will hold to the AGM and a decent update that morning. Early May off the top of my head?

[bigbigdave] 13/4/2021 08:21

"Mpac’s share price has more than trebled since [inclusion at 156p in 2018 Bargain Shares portfolio]. My 600p target still values the equity on a 20% ratings discount to the UK engineering sector average. Buy."

[arregius] 13/4/2021 08:11

Can you share the tip? Anyone?

[bigbigdave] 13/4/2021 06:39

Simon loves MPAC, should give a boost today.

[shaker44] 13/4/2021 06:14

Good. Mpac very quiet just now

[mfhmfh] 13/4/2021 05:31

Tipped again by ST

[castleford tiger] 01/4/2021 18:28

THE SIGNS ARE THERE......

happy with my latest buys

[richjp] 01/4/2021 18:13

Today is the last trading day of the tax year so I wonder if some of the selling this week is related to that. Many of us have done well the last twelve months here so I expect some will be taking advantage of the various tax breaks.

It will be interesting to see what happens when the market reopens next Tuesday.

[castleford tiger] 01/4/2021 11:42

shaker agree there but I am talking purely as an investment case.
Its buy or sell.

Once you have a position that you are happy with then its wise to hold.

It is difficult when you ride a position for example my core holding here 220k shares cost me under £200k but had a valuation of 1.3 which as a % of my portfolio was out of kilter.

I was in the same situation with 140k TND at an average cost under 1.50 so 210k but again worth 900k.

These two were exceptional over the last 12 months.

I do try however to base my calculation on COST price and my major positions I take a 200k position.

One has to do what you are comfortable with. No 100% right or wrong.

Tiger

[shaker44] 01/4/2021 09:47

Because sometimes I find myself reasonably confident in a share I own but to buy more would skew my balance of risk by being overweight.

[lookagain] 01/4/2021 09:37

CT If you are not a buyer why hold? Is an excellent way of looking at investing.

[castleford tiger] 31/3/2021 18:10

I disagree with many of the posts on here.

Pre tax profits fell in 2020 .........that was expected.

The forecast for 2021 for EPS and cash is showing a level eps ( I think that's over cautious and they will revise up)

We have a final payment on Lambert this year circa 3m

Strip out cash we have a market cap of 85 m

My numbers by 2025 show current NAV is 220p and that will be close to 500p
Eps will rise to around 60p without upgrades
EBIT I see doubling as a minimum by 2024 to 15m

These numbers were slightly better than I thought and we still trade at a discount to our peers.

I have replaced my trading stock of 50k and added 25 so I hold 75k to trade.
My core holding is going nowhere.

If you are not a buyer why hold?
Its a sell or a buy and I am firmly in the buy camp.

Tiger

[g2am] 31/3/2021 17:17

It should be but understandable for the share price to drop as that forward looking view has taken an impact on these results. I get the impression the market felt the PTP would have been higher and there are definite concerns around the pension so a drop is hardly surprising. I certainly expected from the previous RNS that results were going to be higher than they were so I feel 550p to 600p is definitely over valued. If we see these numbers improve back to 2019 levels or higher next year then that's where I'd see a further price rise.

[shaker44] 31/3/2021 14:04

You are right but the share price should be forward looking. Seems odd to sell at these levels and prospects

[g2am] 31/3/2021 13:30

It's a tough one because the pre-tax profits were still only 2.9m, which no matter how you dress it up is still a fall of 46%

[shaker44] 31/3/2021 13:08

Woow. Nearly bought at 520 yesterday then thought hold on-volatile markets. Be patient.

[ammu12] 31/3/2021 12:41

Heavy selling nos

[castleford tiger] 31/3/2021 11:02

Cannot stop buying placed an order for another 50k bought the first 15 at under 500 p

tiger