Murgitroyd Share Discussion Threads

[rik shaw] 31/12/2019 12:55

Also received my payment from HL today.

[cwa1] 31/12/2019 12:12

Message in my Selftrade account that proceeds will be added later today.

[linhur] 19/12/2019 23:00

So no funds until 2020. Perhaps it will not spoil Hogmanay but it could affect
retail sales. Ah well soon be Goodbye Murgitroyd.

[cwa1] 17/12/2019 14:46

Court sanction of SoA...

[cwa1] 13/12/2019 14:35

...And then they should have the cash out by Christmas. But,as ever, they aren't prepared to say by WHICH Christmas :-(

[cwa1] 13/12/2019 14:33

Completion of the Acquisition remains subject to the satisfaction or, if applicable, waiver of the other Conditions set out in the Scheme Document, and the Court sanctioning the Scheme at the Sanction Hearing which is expected to take place on 17 December 2019.

[linhur] 13/12/2019 14:08

Not received any proceeds yet?? Thought it would be paid by 13 December.

[rik shaw] 18/10/2019 16:51

Recommended cash ofer at 675p confirmed.

[mw8156] 15/10/2019 13:21

should be an investigation into who leaked this morning's news yesterday and in the previous days and who acted on that inside information?

[rik shaw] 15/10/2019 06:49

Not a very good price considering share price has been near 700p in the past.

[cwa1] 15/10/2019 06:35

Well, well, well. That explains a lot!

[cwa1] 14/10/2019 14:04

Probably just talking to myself...but this one has been a real performer of late. especially when considering it went XD last week as well. Seems to be outperforming the wider market. Has anyone heard anything substantive about it recently? Cheers

[cwa1] 07/10/2019 14:37

Hmmmm. Keeps on keeping on. More of this please :-)

[cwa1] 17/9/2019 06:33

This morning's results seem solid enough on a very quick first glance:-




The Group's trading performance in the early part of the new financial year has been strong, comfortably ahead of both budget and the equivalent period last year, partly as a result of a growing case-load from major US-based corporates, including a new retained advisory relationship. With approximately half of Group revenues generated in US Dollars and the majority of overheads incurred in Sterling, recent Sterling weakness is also a net positive, although one which we recognise could quickly reverse in current volatile markets.

The Board remains committed to the reinvestment of a proportion of incremental profits in systems, business development and core professional resource to drive future growth. Nonetheless, the Group is currently well placed to deliver on its expectations for the financial year as a whole.

[cwa1] 13/9/2019 17:24

I, no doubt stupidly, took a few on today's dip. Time will tell I suppose.

[its the oxman] 13/9/2019 12:42

Market clearly a bit fearful ahead of results. Watching and waiting.

[cwa1] 12/9/2019 14:08

Been taking a look at this this morning as I reckon results can't be far away. Wonder how they will be holding up?

Anyone got any access to up to date broker forecasts/are there any?

Cheers for any input.

[rik shaw] 28/1/2019 16:27

Has this been tipped somewhere ?

[rik shaw] 25/1/2019 12:38

Wide spread here but being offered 453p to buy, so buys showing as sells.

[topvest] 07/9/2018 19:30

I'm totally baffled as to how wrong I got this! All very odd indeed.

[topvest] 05/9/2018 07:08

Well very odd that this is now £7 again after missing its earnings estimates. Just goes to show how unpredictable the stock market can be. The market seems to have bought the "glossed-up profit warning" (i.e. 30p pre-exceptional bad debt write-off which is not really exceptional at all is in line with 33p and already reduced consensus). Odd then that this is therefore hitting all time highs when EPS is back to below 2012 levels! Still a very good company, but not quite sure it justifies this rating given its relatively flat trading performance.

[topvest] 31/8/2018 17:12

Well, I sold out before the trading update. Odd timing of the update and maybe brought forward by the recent rise in the share price, which was obviously conflicting with a results miss. Results OK by the sounds of things but only before the bad debt. Also 30p pre the bad debt is 10% below the 33p consensus on Stockopedia, so not really in line at all. A lucky escape for me. Could have got nearly £7 earlier in the morning though. Think the strategy here is to buy on a P/E of about 12-15 and sell at 20. The current P/E is toppy at over 20 as MUR hasn’t really grown profits much at all in recent times...so it shouldn’t be rated as a growth stock. Will keep on my watch list. Maybe one to pick up again in the next downturn. Quality stock, but do get the feeling that every year is a real struggle to hit its numbers...tends to indicate that things are getting tougher not better.

[topvest] 31/8/2018 10:30

Decided to sell out here for a modest profit. Not a particularly high conviction stock for me. Didn't quite catch the top before the pull-back. Very illiquid and volatile this share.

[topvest] 30/8/2018 18:30

Up yet again on low volume.

[topvest] 29/8/2018 19:22

Well these are doing well now. Nearly 650p ahead of the results.