Member Info for alfista

That level of dividend does look extraordinarly generous, and would surely depend on the sp at the time. Or are they saying they would consider 15-20% of total profits to be distributed to holders? Either way, it is a demonstration of strength and confidence, and bodes very well for long term holders. I'm certainly going nowhere, delighted with progress. ATB

Sp growth plus divis is always a bonus. Not seen AAAA, is that Alconolics Anonymous? :-)

Well happy too, I think this has a lot more upside as they move to financial strength and dividends, and/or become a target for one of the acquisitive majors.

Top Risers board on this update. Divis will attract a new level of long term investors positioning themselves for maximum percentage returns. Such a cracking company, still largely unnoticed by the majority. GLA

Excellent results yet again. Sorry late on duty, IT failure. Must upgrade the old steam driven PC.

Interesting to note that only recently Aegis had announced takeover of W.Garden group of companies to further strengthen their market presence. Now, before that deal is concluded, they themselves are swallowed up by a giant of the industry. Signs of a real food chain developing in the world of marketing. Further M&A activity would seem to me to be firmly on the agenda. ATB

As you know, the possibility of a takeover here is something that has been speculated about for a long time. Given the quite low sp here, the company represents easy pickings for an acquisitor. We know that this thought is in the minds of the BoD too. The next trading update is still a fair way off, but, if the momentum of business gained and debt reduced has been continued as per the previous ones, I see no reason why we shouldnt see a substantial rise here. Been quiet recently, hopefully a much busier board as we move towards the autumn update. GLA

Pretty much as I thought. I agree that the injection of liquidity is bound to have an effect, the banks need to turn from cautious to something more aggressive. It will happen, always does, I have seen it many times in business. In my view we are past the bottom and looking up in the cycle, with valuations of many companies barely recognised in their current share price. That should bode well as well funded companies look at opportunities. At current mcap this surely has to be included in such criteria.

Interested to know if you are finding an acceleration in activity these days? I am aware that the economic events from 08 onwards caused a lull, hope it is more business as usual nowadays

Yes I know what you mean. Always has been though, thats why I was very careful with buys at quiet times to get best value. Now that my holding is complete it is a matter of patience to see how this plays out. Several scenarios possible, but this induftry is noted for mergers and acquisitions, and I reckon the board would rather be predator than prey. they have already picked up some useful additions, but growth is what it is all about, expand or be swallowed. IMVHO

Wish I had the time mate. Having said that, AGMs tend to be dull affairs if everything is going OK, resolutions get passed, coffee gets drunk. It would have been good to see some of the top men face to face though, have been here a long time and have a lot of respect for the way they turned the company around over the last couple of years. Being over borrowed due to acquisitions at the start of the dip was not a comfortable position, but they have tackled that issue and kept on growing the business and paying down debt. Reading the manifesto kindly published by Dawn Trader gives me high expectations for the future. GLA

Another RNS http://www.investegate.co.uk/Article.aspx?id=201206181303035929F All resolutions passed, no drama

For once I got in ahead of you with ther news. All encouraging, Sue Mullen's decision to return to the BoD suggests that she is happier with the performance at Story. The geographical spread of the agencies in the group is one of its operating strengths IMHO, although arranging board meetings must be a challenge. More to come here as the year progresses.

Moved up on just a couple of small buys, I get the impression that there arent too many to be had at this price. From RNS:- "I am also really pleased to be able to announce the agreement of revised terms for the Group's banking facilities. The Board has been encouraged by the level of interest expressed by the banking community in providing new facilities to the missiontm but ultimately was persuaded by RBS's enthusiasm and commitment to the group. This agreement represents another positive milestone in the missiontm's progress since the restructuring and re-financing in April 2010."

New director, plus banking facilities much improved, more confidence building http://www.investegate.co.uk/Article.aspx?id=201206181200035588F

Must learn not to rush my posts, typing goes to rats

After reading that fantastic set of aims and objectives, and given the rising profits and prepects here, dont you think you should be lookking for him and suggesting he buys here? I am genuinely excited with TMMG, and as you know, I dont do excited !! These folks are putting themselves on a higher level in the very near future. ATB

Fantastic !! Thanks very much for posting that. It is of great reassurance to know what the focus of the company is. Dividend as soon as next year is a pleasant surprise, and suggests that profits are still rising, allowing the elimination of the rump of the debt. Made my day :-))

A career in diplomacy is your calling :-)) Disagreement about prospects is indeed what makes the market tick. However, when I write words of caution, it is worth noting that these are genuine views, and have been proven on more occasions than not. Sometimes enthusiasm can blind investors to the downside. Balance is good so that judgement is improved. His style of finding ones that the market doesnt love is fine, we did the same here, if the essentials are sound then the reward is satisfying. But, sometimes the market doesnt love a stock for a very good reason, and those are the ones that can bite back. A general upturn in the market is still dependant on resolution of the Euromess, but I think we will all be happy when those doubts are removed. A big market correction IMHO

Yes, the remainder of my long term holding, has been very very good to me but I'm considering taking the tax hit there. On the other hand I can see no reason to do anything except hold and add here, TMMG is still recovering from a crazy dip s couple of years back, as DT says, no reason to suppose anything other than further progress in the next update. At the rate debt has been paid down I would have thought dividends will be forthcoming in the near future, and that would lift the sp towards the board's target. ATB