focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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.
70p today?
The seller has finished, mms can release the sp now
let’s get to 70p!
Nice rise, keep going :)
Nice and steady rise
Share price holding well. :)
taking profit is good Julian38,
Good luck with future investments
Mitie did me good. Bought last year in 30's, and sold this year for 55, on to pastures new.
All, Mitie share price building up nicely. :)
Yes, have to agree 80p could look very cheap soon. worth at least double adding in Interserve as well.
Agree the Service Industry will recover and Mitie is in a strong position to build on this.
New contracts won and they have also managed to fix outgoing costs
Spring is in the air , good recovery stock now
80pence next stop!
Hugely cheap, despite lockdowns it's BAU at Mitie, I would say even better they managed to get Interserve at bargain basement price for the good times to come. Service industry will bounce back in style in 2021!!
Building up nicely. just the start of things to come. still very cheap to buy. :) GLA
Totally agree, a very good deal and at a very low price. now with both companies working under the same roof as they say. this is only going to make the share price rise. even 80p will look cheap if add in the scale of the combined company the share price is very very cheap. above 100.00p easy .
In a nutshell, today's update will transform this companies future!! They played an absolute blinder by acquiring Interserve on the cheap. Back to 80p we go.
Outlook
Although the performance in the third quarter of the year was encouraging, the new national lockdown measures currently in place are likely to result in flat growth in the fourth quarter. Overall, second half performance will be stronger than the first half.
The underlying acquired Interserve business is holding up well and synergy benefits are starting to be realised. Therefore Mitie Group's FY20/21revenue and operating profit before other items, including share of JVs and associates, will be higher than previously thought with revenue (including Interserve for December 2020 to March 2021) in the region of £2.4-2.5bn and operating profit before other items in the region of £57-61m.
Agree , but as a whole all stocks have been low- due to this pandemic. But once we move forward out of this not ideal time . we will see a recovery start to build back up. MITIE's share price is a steal at the moment. Should be a lot higher in the future.
From the progress to 40p I don’t think much was expected till the Q3 trading update towards the end of this month. There should be positive updates on the interserve merger and its progress plus improved performance since half year results. Mitie still heavily involved in the COVID effort
This share does nothing, been low 40’s for months
This could be the start of a nice recovery building here. since 27p.
Happy New year all. :)
Either way it’s old news that wasn’t even worthy of an RNS. Looks like we’re about to start the move up. GL
And the role was integation.
Integration is not complete on a merger date!.
To me it sounds like the deal was done so the position became irrelevant. The merger is done, maybe she wasn’t doing well. Long and strong. GL all
They just got rid of their Integration lead
Doesnt sound like merger is going well
I am hearing some barking in the background...not sure...maybe dogs!!
Sorry yes typo, the 28th I meant.