Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video 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.
it's already gone below £2
Nothing as severe as this has hit MGGT. Do you really reckon flying will recover any time soon? Pretty much everywhere will demand 14 days quarantine which basically makes flying impossible for business and holidays ("City Break" w/e would take more than a month, almost all in quarantine!)
Jolly, £1.00 - £1.50?? It’s just as easy to say I think they’ll be £4.00 - £5.00. I think the reality is in the short term they’ll be neither of the above. Long term potential? Bags of it imo.
Get real. The market is down. Times are odd. You really think think this will drop to sub 200? Of course you don't. Sadly your bad mouthing a share in hope of scaring people away. News flash. The scaremongering can make a few thou panic but not change a share price as big as this. Not saying all is well. But banding round 100 to 150 is quite silly. This post will be here forever and ill eat my hat if im wrong. Ups and downs within reason. Same as any larger company.
with significant leverage, terrible end markets (except defence) & neg tnw, perhaps we'll see £1.00-£1.50 (and if this slump in end markets last any serious time, then a rights issue to recapitalise??)
DYOR, all
don't rely on postings from anon speculators!
Share price rockets on no news and slumps on good news. General market sentiment will either push this back up towards 500 or back down to 220
Contract win xx
Pleased I bought in again at £2.40 last week, seems to be flying at the first sign of any easing of lockdown. Mind you, general market sentiment was pretty bullish today.
Yes Webb's,the same happened to me last week. I Bought some for £2.45 ,they shot up ...then over a few days back down to just above my buy in price..then shot up again today...Long term they should be a winner,wish I had bought more now :)
Couldn’t of timed that better up already, that never happens.
Webbs..I did the same last week...There will be ups and downs but looking at the potential share price here we should be safe,and watch the SP tick up......hopefully back to at least £5 and I will be a happy chappy....dare I say £7 in a couple of years too :)
Bitten the bullet first buy in today.
Fairly sure this isn’t going to 2.05
Might wait then till low £2 mark, they probably know more then I do.
Societe Generale 2.05p sell 24 April downgrades
Date Broker Rating Old Target New Target Change
24-Apr-20 Berenberg Bank Hold 340.00 295.00 Reiteration
Broker has £2 price target though.....
Unbelievable opportunity at these levels
Great stock I will be topping up the ISA monday.existing holder.
Been watching this for a few weeks now tempted to buy my first lot in this share. Might wait till Monday to see what goes on after the weekend but things are moving forward regarding covid 19.
Excellent RNS, positive results despite the situation and prudent approach to liquidity and cash preservation. Happy to be involved here and in the long term can see a doubling of this position.,
Impressive Q1 financial report - happy with my position. 15% workforce let go is not overwhelmingly concerning either.
I must say I’m very impressed with the running of the company. Great results and then covid19, however, being prudent, factoring in for worst case scenario. Doing all the right things. Onwards and upwards!
A lot of contracts, maintenance et al would have still been active during Q1 and without a doubt be running long into 2020 and beyond, so revenue should not be impacted. The question is, will the space MGGT operate in retain its pricing or will deals need to be made. My guess is MGGT are and will continue to be first choice.
Only just made my first MGGT purchase last week ... looking to feather in accordingly. This is a strong and resilient stock imo
If you're confident, you could sell now and then buy back in.
I just started in this share today, even if tomorrow goes lower this is still a great price.
Q1 results out tomorrow, could this see another drop in the price and a further opportunity to load up?