The Mission Marketing Share Discussion Threads

[montyhedge] 21/9/2018 07:10

I bet he knows, his taken over Media Monk, I think this would fit.These seem tremendous value anyway. Growth plus increasing dividend isn't that the holy grail of of investing.

[red_shed2000] 20/9/2018 18:19

Monty....please suggest it to him :-)

[montyhedge] 20/9/2018 15:13

I reckon Sorrel and his new company ad agency, Derriston will run a slide rules over this, perfect fit I reckon.100p will do it in Derriston shares.

[qs99] 20/9/2018 07:51

Indeed. Reckon this will get a decent write up in tip sheets at that discount to the current peer group. DYOR

[montyhedge] 19/9/2018 12:50

Dividend up 27% that was nice.

[qs99] 19/9/2018 11:52

redhsed, I agree mate, but the moves above 50p IMO suggest people may be giving the management/board the benefit of the doubt now after more RNSs that deliver what they say they will deliver. The credibility gap has narrowed IMO and so put it on a p/e of say 10 and 80P + is a starter for ten....DYOR

[dr biotech] 19/9/2018 11:48

Me and you redshed. Having said that I am almost exactly up 100% on my original purchase, bit more once the divs are added in. At somepoint this get on to a more realistically PE - but I think I say this every time the results/updates come out.

[montyhedge] 19/9/2018 11:16

red This will be taken out.

[red_shed2000] 19/9/2018 11:15

QS99 - don't get too excited. The conclusion and pros and cons on the Eddison note is a copy and paste from the previous 10 notes on the same subject. I.e. they have been on a 'deep discount compared to their peers for as long as day has followed night :-) I have held this share for so long with so many false starts it has broken me!! But, one can't be too upset as I am in profit...small mercies!! I continue to hold as like many I expect a re-rate at some point. But I've expected said re-rate for about 5 years so anytime this century is fine!! Maybe this time..... :-)

[montyhedge] 19/9/2018 11:13

Come on Sorrell run your slide rule over this company, 100p would secure.

[funkmasterp12] 19/9/2018 11:11

It's always the way with companies like this. Creston was the same, before it was taken out at a more sensible PE. The business is solid IMO and deserves a better rating, which will either come from a buy out or from a good long slog of a hold. I'm more than happy to hang on for either!

[qs99] 19/9/2018 10:55

Great thanks, really interesting. Eddison basically saying why are TMMG on a p/e of c.5 when competitors on nearer 12....DYOR but therein lies the opportunity I suppose!

[jeff h] 19/9/2018 10:54

Edison got their update out. https://www.edisoninvestmentresearch.com/research/report/the-mission-marketing-group355467/full/ Forecast divi for 2018 probably understated, always find this very sloppy from analysts.

[qs99] 19/9/2018 10:49

Agreed. The EV/EBITDA basis and successful integration of recent acquisitions and start ups now making money bode well IMO....DYOR but hopefully we will see the back of 60p shortly....

[montyhedge] 19/9/2018 10:41

Looking at this company I think could be a nice fit for Sorrells S4, new company. These on fundamentals look good value anyway.

[qs99] 19/9/2018 10:35

thanks Dave. Any other views on the outlook?

[davebowler] 19/9/2018 08:56

hTTp://www.themission.co.uk/investors/results-centre

[qs99] 19/9/2018 08:56

With c.£50m of EV and EBITDA approaching £10m IMO for the full year (sound about right? Can't see any broker notes at the moment), then it doesn't look expensive at all. Yes you have the c.£11m of acquisition liabilities but they are dependent on future performance as well? With higher share price and good cash generation, IMO this should allow further share price appreciation on settling those obligations....decent uplift in a small divi helps. having seen HNT move from 30-£1.10 over the last few years, no reason TMMG can;t chug along further is there? DYOR

[bbluesky] 19/9/2018 06:58

Frabjous: Origin 1871: coined by Lewis Carroll in Through the Looking Glass, apparently to suggest fair and joyous.

[red_shed2000] 19/9/2018 06:39

Good numbers.... Got to say, I still don't see the problem with the balance sheet but we've had that debate!! Good luck whether you're in or out!

[montyhedge] 19/9/2018 06:34

Yes your right. Frabjous is that a word, lol.

[arthur_lame_stocks] 19/9/2018 06:32

Pretty good results, I still think it's the balance sheet holding this back.

[dr biotech] 19/9/2018 06:15

What’s the forward PE here going to be? 7 or 8 if you include debt. Would be nice to finally get a valuation similar to its peer group

[funkmasterp12] 19/9/2018 06:10

"Frabjously optimistic" - what a great phrase!Good numbers, big dividend increase.