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7th Jul 2023 4:12 pm PRN Potential acquisition of near-term Lithium production asset
https://www.lse.co.uk/rns/MCI/potential-acquisition-of-near-term-lithium-production-asset-3abtddio02ebwe2.html
Completely agree, this will sky rocket
Quiet here isn't it, won't stay that way.
Looking forward to see what we become
Obviously MCI now has nothing to do with the old BB comments from 2011, that's if your looking in, let's keep our fingers crossed for a good takeover of something.
Just heard from a reliable source that MCI are going into administration and that Miller homes may be taking over
brokers rated this as a buy at 4.25p. They need shooting!
http://www.advfn.com/p.php?pid=nmona&article=44156373&symbol=LSE%3Amci
http://www.advfn.com/p.php?pid=nmona&article=44150968&symbol=LSE%3Amci
http://www.advfn.com/p.php?pid=nmona&article=44151206&symbol=LSE%3Amci
Mci have been talking about a cash injection since around March, and stated then that it would dilute share value. The sp has been dropping since, and i believe will become close to worthless if fresh cash is injected into the company. Will be a good deal for the company but a poor one for the share holders
I heard rumour during the weekend that MCI were in deep trouble. Seems they are in tanks with a private equity group about a cash injection in return for control of the company. Also a couple of the banks are also in talks about taking a stake. http://www.insolvencyjournal.ie/news/10-08-11/McInerney_in_restructuring_talks.aspx Any stake will lead to dilution of shares, but new capital may spur things along because projects can get completed. Not wure what that will mean for the SP. I myself am buying an MCI home (about 90%) complete thankfully. Its all a bit worrying...
Which brokers are rating as buy?
i'm thing abt buying in this because broker thing it wil do good wat do u people think replay McInerney Holdings is in the household goods & home construction sector and is currently trading at 4.25p per share. In the last year McInerney Holdings's share price has ranged from 4.16p to 21.75p and brokers are currently rating this stock as 'buy'.
Any reason for the further fall?
Far too cheap at this level - MCI now hve their eggs in various different baskets rather than just relying on the private housing market. They have moved some of their efforts towards Social Housing, which effectively means they dont have to wait for sales to come in - the properties are built on behalf of a local Housing Association,with payment coming immediately after completion.Margins are obviously not as high as previous private ventures but cash flow is much mproved. Multi bagger IMO....
Jeez, This is a seriously low price for these shares. Damn glad I didnt buy at 14p last year. If I can find a decent exit point with some of my shares, I may sell a few to pile into this company.
and a 10% rise.forgot i had a few of these has a very long term punt.
bought a few of these has a long shot,anyone know how ill the company is?
I live in Ireland and am actually buying an McInerney house off the plans. I had been waiting since Janurary for them to start building but it kept being delayed. Apparently because they had problems getting credit. Well they have apparently secured the credit now and are back on site as of yesterday. Maybe things will start picking up now..
Because of the general recession, collapse of the irish economy and collapse of the housing industry ! Also because of MCI finances and breach of bank covenants
how cmoe there was a massive drop it the share price from its peak?
They are apparently announcing results on 31st March so lets hope the situation has improved since last RNS
not alot of activity on this board, anyone know what the future might hold for MCI?
http://www.advfn.com/p.php?pid=nmona&cb=1264576142&article=41269004&symbol=L%5EMCI