Member Info for FLIRKER

ferrovial and amey for example..... sound familiar? http://www.telegraph.co.uk/finance/2838428/Amey-condemned-to-a-lingering-death.html different times I know but sinking ships can be saved with the right captain.

Rumbles and co still receive their full bonus if the companies sold, so I'm certain they would entertain such a proposal, it would be the easiest money they had ever made. This article could refer to a number of companies I know, but I would certainly put Mouchel in the shortlist so don’t know how it can’t be relevant? "Sir Rod is keen to pursue a big takeover deal in the support services or business process outsourcing sectors" "I have learned that Sir Rod, a Labour donor who quit as Capita's boss in 2006, has been working with bankers at JP Morgan Cazenove and Numis Securities on a plan that would see him return to the helm of a publicly-listed company"

http://uk.finance.yahoo.com/news/exclusive-capita-founder-plots-megadeal-101218507.html

Priority is probably getting as much of that £1.45m reported bonus. http://www.cnplus.co.uk/news/chief-offered-145m-to-save-mouchel/8623530.article http://www.mouchel.com/Images/Remuneration%20report_2011_tcm16-33862.pdf "The annual bonus for the current year for the new Chief Executive has been set at a potential of 150% of salary and structured with the option for the Remuneration Committee to provide a part-cash and part-shares element, with performance targets assessed over the year based on PBT, refinancing targets and debt reduction targets" The share part is not going to be worth much now though.......

http://www.thenational.ae/thenationalconversation/industry-insights/property/abu-dhabi-pledges-to-act-over-late-payments-to-contractors And one close to Pikeys Hart http://www.bbc.co.uk/news/uk-england-dorset-18584998

Are you expecting them to wipe out 21m overnight? The property leases expire within 9 months and like the interims said "The majority of the changes will have been actioned by the end of September and the full benefit of these cost savings will impact the second half of the year to 31 July 2013" So I don’t think they are making anything up. Also if they were struggling with the 18m reductions why now raise the target to 21m? With these savings and the repayment of debt Mouchel could be profitable and in as good position as any for growth but Mouchel cant do it alone which is why its currently worthless. A buyer can take advantage of it's current predicament and the downturn and make a good investment for the future. If not then it’s in the banks hands and share holders are dead dead dead! Time will tell.....

Remove the debt with its massive interest payments and also the 21m in Rumble reductions and you have a profitable business with potential. Then compare it to their peers and ask what Mouchel will be worth in that state and how much a competitor would need to pay to take it? Slightly more then the100m the banks in effect will be getting it for. With the share price intentionally beaten down and investors expectations low it's a sitting duck for someone with a tad over 100m wanting to take out a rival and looking for growth. There's a few potential suitors out there who can create even more savings by ditching the dead wood too. Not saying its rosy and never have before old Pikey pipes up, just saying 0p may not be the end. To much of a gamble for me though long or short but will be watching. GLA

They are sticking to ADVFN thankfully, plenty of informative posts about 0p, fat lady singing, death and funerals over there. Interims soon which will be slightly more interesting and first indications of how Rumbles and his strategy are doing after setting the stage in March. Times running out for his bumper bonus so I'm sure his socks are pretty worn by now. Got a feeling we will see signs of life and if so will be wetting my powder and if not will be joining those jolly ADVFN folk. A few other who now are a bit flush will be watching too I'm sure! GLA

HS2 Ltd awards Mouchel land referencing contract 07 June 2012 HS2 Ltd has awarded infrastructure and business services Group Mouchel one of four land referencing contracts under Lot 4 of its Professional Services Framework covering land access and land referencing services. Mouchel was awarded the Country South contract worth £934k for land referencing services from the Colne Valley through Buckinghamshire, Northamptonshire and Oxfordshire. This will involve arranging access to land for ecological, environmental and engineering surveys, working closely with HS2 Ltd's land and property team, environment specialists and engineers. It also involves preparing a schedule of all owners and occupiers of land affected by the scheme, known as a Book of Reference. This forms one of the hybrid bill documents that are due to be submitted to Parliament by the end of 2013. Ashley Parry Jones, Divisional Director the Mouchel's environment business, said of the award: "HS2 is an exciting challenge and one that allows Mouchel to continue our track record in delivering land referencing services to the major infrastructure projects that will help ensure the future success of the UK's economy." Alison Munro, Chief Executive of HS2 Ltd, said: "Our Professional Services Contracts have now been awarded and we are fully on track to deliver the designs and documents required for the hybrid bill, which is planned to start its process through Parliament at the end of 2013. "The Professional Services Contractors will work closely with HS2 Ltd's engineers, environment specialists and property team to carry out the essential work for the hybrid bill preparation for Phase 1 of the route from London to the West Midlands. "We now have a very strong team with the specialist knowledge and expertise these companies bring to the project and work is well underway." This is the final Lot to be awarded under HS2 Ltd's Professional Services Framework. All HS2 Ltd contracts are awarded following public body procurement rules based on the principles of equal treatment, transparency and non-discrimination.

I would say a buy including the 700k one and very reassuring it is to..... Most often the direction of the SP is the best indication of the type of trades.

Very tricky to value and even more so if they carry out an equity raise. What would this company be worth with 30-50m wiped off the debt and profitable? I’m guessing more than the current MCAP of 6.3m.

The beast is lame so could fall so why waste the energy. You need to wait and pounce on any signs of healing. It's bad but can be remedied with the correct treatment and doctor! IMO the review and plan looked ok so find out if it works soon. As long as it does then recent holders should be ok even if diluted.

But prove in practice what the review has shown in theory that mouchel can be a profitable business. You satisfy the banks and you secure the future and then ride out the storm. The banks had their people in and know the score, the plug would already been pulled if not believe me. The time is now and everything counts including any 'titbit' contracts. The fat lady is warming up but ain't singing yet...BTW I know how much debt there is, how ****e management are and how this is dead.

The same banks and not too much “significantly dilutive equity raise” here. Maybe not fit for Mouchel but shows the banks will provide the support if they believe in the company which we are led to believe. Mouchel in much better shape thren Johnston too. If Rumbles manages to cut 20m then I'm sure they will be even more supportive. http://www.independent.co.uk/news/business/news/johnston-press-gives-up-more-shares-to-banks-in-393m-refinancing-7679217.html

Such a hatred and for such a long time. It’s not all rosy for Mouchel for sure but your emotions appear to heavily sway your opinions. Much more at stake here then Bournemouth and I hope Mouchel survives. pikey01 says... 1:51pm Thu 11 Nov 10 This is a disgrace and should be stopped. All day today I have been trying to get information about this company "mouchel" and their website has been down - are they already bankrupt and not paid the ISP? www.mouchel.com Doesn't even work. Is this what wil lhappen to Bournemouth Council ICT systems. This is a disgrace.

I appreciate you snippets as do others I'm sure. Bloody obvious its not going to dent the debt but all helps and building these relationships may well lead to bigger and better things. Nice to hear a bit of cheer instead of disgruntled ex employees obsessive griping.

Thought dolphins were meant to be intelligent? Will achieve that target in a couple of weeks at this rate the douchebags. GLA

2m today! Something cooking? Tybalt spud later this month along with south cladhan hopefully, so plenty of action. Should be good after first drill tested at 4500bopd which they believed could be improved. GLA

Going good guns here, Was a good call back in the 80's ay PPVN, been a bumpy ride but she made it. Time to take a bit of profit for me but keeping a little in for my 200p target, maybe dreaming but nothing to lose now. All profits going into Antrim (AEY) for the drills this summer, going to be a bagger you mark my words VGASers. God speed and GL.

Glad to hear,didn't think that drop would have scarred you.I have to admit to being a little rattled but knew we bounce. Could be a good time to enter Antrim BTW people,results next week and think we will here about some north sea drilling action with some of the 38 m they raised. SP still below the placing price,recent 140p broker Target which will do me to start. good luck all