Member Info for barneysmb

I think this is still a LTH.

I'm expecting negative drag of past management actions to still be lingering around, which will likely be flushed out tomorrow and in the course of the year.

German PTA expect to still be ongoing albeit with some end in sight and planned resolution date (or action)

Personally i'm targeting 2027/2028 for complete turnaround.

Insignificant in the grand scheme of things but to note MCG seem to be keeping the financial calendar up to date now - small mercy i know but still..

https://www.mobicogroup.com/investors/financial-calendar/upcoming/

Hopefully a sign of putting a date out there and sticking to it. Worlds apart from the historical clown show.

Not new - they came on radar 6th Aug 0.52 %

Well, if that's what current shorts do to the share price....more the merrier :-)

So long as WACE don't come back i'm happy....as they often seem to call it right.

What happens if it goes below 35p ?

If it drops, then it drops - and may well just be a technical correction / 50% principle - settling somewhere nearer to 33p

Bit of a moot point though when we're talking pennies in terms of movement - especially when long term (admittedly maybe very long) - we're holding for £1+

Until positive news materialises - holding anywhere above 35p i'm happy with for now

@Paddy, there is a good (but old 2023) article from an investment firm here regarding MCG and why they exited.

https://www.aozorastep.com/Exit%20Mobico.pdf

It'd be interesting to see how much the current view might have changed, if anyone has sources.....

Happy to see this breach and hold around the 35p mark

Anything north of that was unexpected, for now at least.

Await news for next leg up.........

My money is on, next RNS being a director buy.......it'll be while before German PTA stuff is bottomed out i think - but i'm hopeful the strong Yorkshire spirit in Phil White + the fact this is probably his last stint at any company due to age + him wanting to to leave a good legacy for a company he's fiercely proud of, he'll push to get this wrapped up at the soonest.

SP 29% up on the month........meanwhile Firepower "Sorry Boss, i couldn't get anyone to sell" :-) .....what a tool...

Just spotted firepower...back at the orifice screaming at his bosses to close their positions.....

https://stockcake.com/i/frustrated-stock-trader_1363112_889654

New CEO...... German PTA discussion closure......director buys....... now these events would really start the chain re-action and light a steeper upwards trajectory.

A lot of distinct possibilities on the horizon - even 2 out of 3 above would do it.

Firepower's scream of "sell!" has turned into a soft whisper ..........soon to join Millennium and Citadel f**ktards

Or restructuring costs...which were hinted at i think

I expect that will be the already stated "losses on the sale of assets" ?

Sign of good things to come i think - committing to solid dates

"HY 25 results to be published on 9 September 2025"

● Net upfront proceeds from the sale of $364m (£273m)

● FY 25 covenant gearing expected to be reduced to approximately 2.5x as at 31 December 2025

● Ample liquidity with no significant debt maturities for over 24 months

● No change to FY 25 Adjusted Operating Profit guidance

● HY 25 results to be published on 9 September 2025

Looks like automation incorrectness to me....

These analysts are akin to predicting a football match result......after the game as finished. :-)

Interesting read on Millennium

https://www.fca.org.uk/news/warnings/millennium-capital-partners-millennium-management-llc-millennium-partners-clone

Specifically, the SEC investigated Millennium for violating Rule 105 by illegally short selling in advance of public offerings. Millennium was also identified as a target of clone firm scams by the Financial Conduct Authority (FCA).