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Not that many, or that large, trades. A push out of current rage would be most welcome, and way overdue IMHO
Would be nice to know... someone is taking a position. Helped drive the price up. Surprised it didn't spike more as this seems very tightly held.
Wouldn't we like to know who was making those very chunky buys earlier this week? That is what shifted the share price. Question is, do they want more?
It does feel like the mkt priced this in already. It's good progress, sensible bank debt reduction, controlled and in safe hands. Undervalued imo but great news on the dividend front. Feels like a safe longer term hold for me still. Happy to sit and wait for the upside.
Without making a lot of fuss about it, the group continues to strengthen. A business that can generate cash enough to grow by acquisition, reduce bank borrowings, and raise dividend payments to shareholders, all at the same time, has to be a very well run enterprise. A big "well done" to them.
The sp seems to have anticipated these good results. For me the highlights include increased dividend and continuing reduction of net bank debt. The acquisition in the year appears to be astute and the chairman's report is sober but positive. His "new word" this year is myrmidon. "... we will continue to explore accretive acquisition opportunities, or establish start-ups, that enhance our overall offering that supports our Clients wherever and however they need us to without being myrmidons". DYOR
The Mission Marketing Group plc Interim results for the six months to 30 June 2017 The Mission Marketing Group plc ("TMMG" or "the missiontm"), the marketing communications and advertising group, sets out its unaudited interim results for the six months ended 30 June 2017. Highlights · Good organic growth from the Group's core business · Some great new business wins in the period, including Mars, Neff, Reckitt Benckiser, Revlon, The Royal Mint and Universal Studios · Recently acquired RJW trading well · fuse now officially launched · Mongoose Sports and April Six Asia start-up ventures moved into profitability Financial · Revenue up 4% to £33.8m (2016: £32.4m) · Like-for-like revenue up 6% in Branding, Advertising and Digital · Headline profit before tax up 11% to £2.9m (2016: £2.6m) · Headline diluted EPS up 11% to 2.58 pence (2016: 2.33 pence) · A strong second-half bias again predicted · Cash inflows from operating activities of £5.8m (2016: £4.8m) · Net bank debt reduced by £2.1m in the six months after settling prior and new acquisition obligations Dividend · Interim dividend increased by 10% to 0.55p (2016: 0.5p) · Payable on 1 December 2017 to shareholders on the register at 3 November 2017 David Morgan, Chairman, commented: "With our business becoming stronger, including good growth from our core business, we have a great platform from which to grow. We will continue to target further margin improvements, seek new opportunities, drive into new markets and upskill our offering. We again expect a strong second half to the year and are confident that we will deliver another year of growth."
It's someone with more funds than I !!! Hope you're well. Rgds
Recent trades of up to £389k, and no comment? What's all that about then?
I think you may have to ask Peter Fitzwilliam about that. My guess is that the old broker has gone, which may explain the sluggish price over the last period. I don't really know what a broker actually does, I thought MM's were the ones who kept things balanced. Has the new one been engaged to pep things up on the market? We live in hope. ATB
Please can someone explain the latest RNS. Does the appointment shore capital mean anything or is this just a replacement for their existing advisers/brokers?
Please don't use the phrase strong and stable it's got far too much baggage! Let's hope this share starts to perform.....
Excellent long term performance here. I would say "strong and stable", perhaps not ehh. I've been content to hold and add here for quite a long time now, as I see financial strength being built, and sensible growth by acquisition. Why doesn't the market respond to what we can see? A puzzler.
2016 dividend 0.5p + 1.0p. 20% increase for 2017 (0.6p + 1.2p) would be very nice please. Eventually The Market will wake up to the regular growth pattern, if not, expect a predatory bid! IMO.
The Mission Marketing Group plc Trading update and notice of results The Mission Marketing Group plc ('the missiontm', or "the Group" AIM: TMMG), the marketing communications and advertising group, today issues a trading update for the six months ended 30 June 2017. The Board is pleased to report that trading is in line with expectations and, for the first half of 2017, we again expect double digit growth in headline profit before tax. The Group's net debt fell £2.0m after making acquisition consideration payments totalling £3.7m in the period, reflecting strong working capital inflows. Net debt was £9.3m at 30 June 2017 and the Group's leverage ratios (the ratios of net bank debt and total debt to EBITDA) again reduced during the six month period and remain comfortably within the limits set by the Board for these key performance indicators. In common with recent years, we expect our results for the year to 31 December 2017 to again have a significant bias towards the second half and we look forward to further progress over the remainder of the year. The Group expects its interim results, for the six months ended 30 June 2017, to be announced on 21 September.
Not guilty this time, I had funds ready, and intended to move, but work issues got in the way. A strange dip that one, I'll try to watch closer for another opportunity. Funny how raising your average always feels a bit odd. As UK re establishes an independent outlook to world trading, surely the need for strong marketing, promotion and PR will expand. Those with a positive outlook on Brexit will seek to seize the opportunities that must arise. I'd like to make an AGM one of these days, it would be nice to meet some folks. ATB
Was that you dipping in under 40p (10k @ 39.82)? You beat me to it :). My 20k cost 40.50 - quite happy with that! Maybe see you next AGM? regards, SB.
The problem is that until this share price can maintain itself above 45p investors must be thinking twice about buying at the current price even if there is positive news and outlook.
Nothing really not to like here except the share price... roll on 75p!
Mission Healthcare continues to grow, a very tasty bolt on acquisition.
Reasonable volume, but a good rise today.
why?
Could these very small packets of sells be employees getting wanted cash from share schemes - I wonder.
You'd have to beat me to them ! :-) Strange how, when it gets to mid 40's, it get's a nosebleed. Something has to break that trend, and I believe it should be more frequent publicity of achievements, or at least a researcher with the ability to seek out and collate newsworthy items. I don't have the time or ability to do that, but I see it on many other share chat boards. I wouldn't like ramping posts, but, in order to progress, some more folks have to become aware, hopefully folks with a long term view based on, as you say, a sound and progressive dividend policy.
It appears there is only you and me buying at 40p or less! At 3.75% dividend it's better than most. Results were very predictable as this management do report it how it is, so one would hope this is good for market sentiment though not apparant yet. I am happy to buy some more at 38p if anyone wants to give me them! 😄