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Great reward to be had here. I don't think the market knows it yet. This is a sleeping beast. Looking at the last 10contracts MOGP have won - the total sum adds atleast double the current marketcap. Very low float as the management holds quite a bit of share. MOGP are creating revenue too. Great share to buy right now at the lowest.
That this hasnt got a much higher share price than what it is currently. Should be 5-6p surely?
Very pleasing to see that they are wining work abroad as well now.
Surely, the valuation is beyond ridiculous now. This has to rerate at some point.
contract wins so far this year (5 month) are twice the mcap.
ANOTHER contract... This WILL move one day lol The Directors of Mountfield Group Plc are delighted to announce that CAF has been awarded two new contracts with an aggregate value in excess of �900,000. These contracts bring the total value of work secured by CAF in 2018 to �8.5m, a record high for the Company.
Another �925,000 of contracts in the bag. And this includes a large overseas contract in Sweden - with the prospect of more to come.... This �4.8m m/cap tiddler now has huge order books and is likely to produce huge numbers this year imho: http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/MOGP/13653163.html
Great news - and more to come from the sound of it. Re-rating ahoy.
More contract wins making the buying case even more compelling.
It's an interesting little share oilhead - so small it can gap up (and gap down) in big steps very quickly so it's not for the faint of heart. It's undervalued in almost any way you look at it - results out soon and if all the contract news was anything to go by they should be rather good. It has always struggled to hold onto any gains, but hopefully word is starting to get out and it will head back up to the 3p region.
this has caught my eye.
Shouldn't this be re rating give expected profit and obvious contract gains??
Bio tango, seems like a sound investment case. And I see no dilution promise... Dividend to come? I'm in .
Mountfield Group, Ticker: MOGP Current MCAP: �3.8million; Shares in issue: 254million; Shares not in public hands: 55% Area of Operation: Provider of flooring systems to main contractors and corporate end users Specialises in the nationwide installation of data centres and wind turbine projects Client List includes Vodafone, Mace, ISG Plc, Skanska, 2BM, McLaren, BP, HP, Linklaters, Merrill Lynch, Reed Smith, BBC, Standard Chartered Bank, UBS, Henderson Global and Unilever Diversifying customer base and more recently, been negotiating contracts overseas. Financial: Over �11million of contracts announced since August 2017 Net profit before tax for the first half of 2017 was �305k. Net profit for the period YE17 (12months) is likely to exceed that achieved in both the first half of the year to 30 June 2017 and the second half of the year to 31 December 2016. Noticeable improvement to the Group's working capital position as they target higher margin contracts Other Notable Points: Directors hold a significant portion of the shares and hence, interest aligned with shareholders. Resolution to convert �3million of Loan notes to Founder Shares approved at previous AGM. Founder shares redeemable if aggregate consideration arising on a sale of company/entities, exceeds �20million. Board meeting with brokers to raise company profile and detail significant progress achieved since restructuring. Nice gap on the chart above 3p
Board members recognise the lack of rerate and will be meeting with brokers in coming weeks to raise company profile and get the message out. Hopefully, rerate not too far off. MCAP still 3.5million despite multi million contract wins and significant increase in trading profit.
Creeping up. Should be around the 2p mark. Hopefully news of new contracts and bumper results should set this off.
Was for 2 contracts valued at 2.3 million so maybe another RNS tomorrow or Friday it will move.
I guess today's market reaction is indicative of the lack of love this company enjoys. Two trades, both sells, on the back of a �1.2million contract. If I ran this company, I would take it back private. No point whatsoever in being listed.
It’s bounced hard of it trend line today . Take a look at 5 year chart , possible 2p on the cards
Still s bargain at these price it will move upwards
It's not market makers. V illiquid stock, not 'sexy', low volumes. Retail buys on the news, nothing happens, they get bored and sell, price declines. Looks v cheap at these levels. Nearly bought some yesterday , messed up! i will wait for the drift back down again.
Market makers have destroyed this share after dropping it after almost every single contract win. It seems people are more careful now and honestly, can't blame them.
This is becoming a norm with this company tiny market cap of 3-4 million contract worth up to 8-10 million. Serious re-rate required. First target to break 2p
Yet another win, this time for �1.2m - and all to be recognised in this year's numbers, so even more visibility than previously. MOGP seems extremely cheap at this price and at a mere �3.5m m/cap given everything we know: Https://www.investegate.co.uk/mountfield-group--mogp-/rns/award-of-contract-for--1-2m-to-mbg/201804040700037157J/
Oh no not another contract... its going to fall again... :P