The Mission Marketing Share Discussion Threads

[battlebus2] 17/2/2014 18:05

Your having the right effect IC2, hopefully we can climb to 40p with the results.

[jeff h] 17/2/2014 08:12

I2 they say "year on year net bank debt" will be reduced, so don't expect it to be reduced from the Interim position.

[interceptor2] 17/2/2014 07:11

Thank you for your thought's and welcome battlebus and jeff H. It's resurring that in the January update they said that bank debt to be further reduced, even within H2 where cash generation is weaker, I hadn't known that. So bank debt has now reduced from £15.3m reported in March 2012 to £8.8m reported in the last interim report.

ic2...

[jeff h] 16/2/2014 20:34

Do note that H2 cash generation is the weaker of the two halves though.

[battlebus2] 16/2/2014 16:04

Welcome IC2, I had the latest broker note but can't for the life of me find it. Anyway there is no doubt the second half showed great improvement which should still be continuing leaving a p/e in single figures. A 50p target isn't out of the question medium term. Also a progressive dividend policy as an added attraction.

[interceptor2] 16/2/2014 14:57

Thanks for responding CB7, that is the way I would expect the figures to be presented, still means TMMG had a very strong H2, on a PER of only 7.5 for year just ended, which looks rather good value imo.

ic2...

[cb7] 16/2/2014 11:02

Not sure what finncaps are saying, but normally estimates are pre-ex, so they will be adjusted and therefore the headline/basic eps will be lower.

[interceptor2] 16/2/2014 09:28

Good Morning

I have had TMMG on my watch list since the last trading update in January, and intend to make my initial purchase soon. I have noticed that there are some well respected investors already holding here, so I hope you don't mind me asking for some information.

I have Finncaps price target and estimates from the 23rd January, but I wondered if someone knows if the figures for 2013 are on an adjusted or basic estimate. I am thinking it would be adjusted adding back in the exceptional charge of £1,486m at the last interims, but I need to check. Any help would be much appreciated.

What I am trying to work out is how strong H2 of 2013 has been, even if the Finncap estimates are adjusted then the growth in H2 has still been very impressive.

Regards ic2...

[cheshire man] 12/2/2014 16:05

I also took a few more :-)

[battlebus2] 12/2/2014 15:53

Picked up a bit of yesterdays fall today.

[battlebus2] 11/2/2014 16:39

Not me, just noticed the drop. a few 2k odd trades which is strange.

[stegrego] 11/2/2014 16:31

Some clumsy sellers or people in distress in a few shares today...

[battlebus2] 27/1/2014 11:47

Buying and selling at 35p online atm. edit just ticked down.

[cb7] 21/1/2014 16:06

Cheshire man....I gave up going for walks with the wife a long time ago!

[battlebus2] 21/1/2014 15:20

Moving up and amounts available also freeing up. Now why didn't you do that earlier :))

[battlebus2] 21/1/2014 14:16

Still can't buy any amount online, could be filling an order or maybe director buying?? Don't understand why they don't move the price and let some buying occur.

[battlebus2] 21/1/2014 11:10

LOL, all you need is a super extendable lead and the jobs done :))

[cheshire man] 21/1/2014 11:01

Perishing in my part of the country today bb :-( the dog will have to take herself for a walk !

[cheshire man] 21/1/2014 10:59

Not with TD Waterhouse anyway :-(

[battlebus2] 21/1/2014 10:58

MM'S not interested over the phone either which is a good sign of more tick ups to come imv.

[battlebus2] 21/1/2014 10:38

Can't buy any online atm :))

[cheshire man] 21/1/2014 09:42

21 Jan 14

Mission Marketing...

Finncap

Corporate

35.50

50.00

50.00

Retains

[aleman] 21/1/2014 08:31

H1 was a little weak. H2 must have been quite strong to be in line with £5m ptp target. Sounds like cashflow strong again, too, if debt is down despite an acquisition. It all bodes well for next year. Broker updates should see us up to 40p and maybe 50p once results are out, with scope for more if brokers are optimistic after churning the numbers.

[cheshire man] 21/1/2014 07:56

All happy with that trading update then I see :-)

[glasshalfull] 21/1/2014 07:50

T/S delivered as was hoped.

Indicates that they delivered £3.3m PTB in H2 in comparison to £1.7m in H1 for £5m per expectations. This would place them on historic PER 7 and prospective PER 6 for the current year...when dividend of 1p also mooted for yield of 3.3%.

Looks v good value down here.

Regards,
GHF