The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I’ll be topping up Monday think they will be getting a call for a bit more of covid work.
https://www.rockpowerconnections.co.uk/ev-charging check them out!
Rock Power Connections Limited which Mitie just bought could this be a good buy new house builds and industry builds from next year having to have electric charge points let’s hope they can get some big contracts for this.
Plus Peel Hunt rating up at £0.92.
Liberum Capital reiterates it’s price of £0.90 Buy
for Mitie.
Over sold under appreciated company only time and results will slow but surely turn the share price around
@Jab1tt
It’s on their website , also keep an eye on bid stats
to see who’s tendering for what etc
https://www.mitie.com/mitie-secures-new-92-5m-supporting-john-radcliffe-hospital/
CEO mentioned it during the HY21-22 investor presentation (c43 mins in.) He said it was only mobilised last Monday.
Sounds good but where did you get the info from? Why has it not been a company announcement?
I see another contract has been won by Mitie to provide cleaning, portering services, and catering for patients and staff at the John Radcliffe Hospital in Oxford.
Worth £92.5 million over a five-year term, the contract has the option to extend for up to 15 years at five-year intervals.
I agree the sp should be at least a £1 !?
But I am adding more next week on pay day
hope it’s still circa £0.70 ; )
GLA
Great results but what is causing the poor response in the share price?
Wasn’t expecting the dividend!
Ex-div - 16th December, Pay date - 02 Feb 2022 (Wed)
£0.04 per share. Not bad!
Very impressed with todays trading update. good FCF and profit plus divi so guess re-rating above 100p is possible. Been tough but seems they are now coming out of the bad times.
HC
Looks like management starting to deliver on turn around and surprise small dividend not expecting.Not the share open I was expecting but think will attract new investors at this lvl.So as long as it’s steady as she goes long term investment.
Blockbuster results, 1000% increase in profit from last year. Second Half is usually even stronger so wouldn't be surprised if we receive upgrade in earnings in next few months. Let's break 100p!!
RNS
Good set of results ! And dividend reintroduced!
Onwards and upwards
GLA
I bought in 5000 yesterday and it looks very promising long term.
Update tomorrow, hopefully big rise up to 80p straight from the get go!!
Results next week been on my radar awhile before I bought in .They have really benefited from covid contracts and can see these still carrying on next year but there’s a lot more to like here going forward .We have used Mitie at work for many years use to see them standing around chatting doing nothing but not anymore think management have finally stepped up.Take a look at the capital markets video from the other year gives you good on-site into the business.I’m expecting 78/80p open result day and hopefully maybe broker rerated from there but only my opinion.Good luck all.
Add a small 4000 share stake here seem to be on a turnaround think the extra cash from covid business returns will have speeded this process up.
Good to see they are getting on top of the debt .
This bodes well for the H1 results on Nov 18th
Hmm … wonder if a return to a divi is on the cards for next year.
GLA
https://www.mitie.com/mitie-wins-new-security-contract-for-westfield-london-and-westfield-stratford-city-shopping-centres/
What is holding the brakes on this share price…. ?
I think when it eventually goes it will go straight to
£1 ( and that is still cheap )
Big buy gone through
Mitie going green this week with cop26
Let’s hope we get a positive spin on the sp
had to pay 73 to get back in but worth it I believe.