Member Info for MrTall

Great article and further solidifies my views on the prospects of MRS. I've been adding in small amounts and this is clearly a company about to show the market what it is made of. These shares will be locked up in my ISA for a long time and I have every confidence of a very healthy return. Thanks for sharing the article.

Clearly people prefer non revenue generating holes in the ground. Disappointing but sadly not unusual.

I would say all bad news priced in already. But we will see in the morning I guess.

Cheers guys. It would seem a buyer is around the last couple of days which makes a nice change. Hopefully Bachmann done now so we can see the rise into results. That's what I bought in for 2 years ago hahaha!!

Does anyone know when we are expecting FY results to be published? I would imagine this month but looking back over the RNSs this year there is no timetable. It was good to 're read the half year report...if the full year one is as good I'll be a happy bunny! All indications are that it will be.

This just further highlights the ridiculous valuation currently placed on this company! Value will out in the end, SLP took ages to reflect true value ans is now paying dividends! Different company clearly but from a profitability and valuation point of view there are many similarities with here. Great news today!

I will be happy with a few percent each day! I expect we'll head to 12 or 13p before results and I expect something better than 2p eps plus a very positive forward looking statement. Then 20p will be hit IMO. Whether it holds or not is another matter...

Not the biggest contract in the world but new business and will inevitably lead to more work so very happy to see it today. It's also a service contract so no capex required. The business can now sort out the refinancing of the debt and then roll on the confirmed numbers in Septembers FY results announcement! Still crazy valuation here, it will be recognised sooner or later.

Thanks buy. I do agree that we're due a re-rate here but this was just very unexpected! Well now the market has had a little time to digest it let's see what tomorrow brings.

I will add that I think think this is a positive sign on the basis that staff etc will be putting their hands in their pockets just before a closed period. I'd like to think that they see things more closely than we do on this side of the world!

Am I the only one scratching their head after the RNS today? Why on earth are management doing this? It'll raise just over £900k before costs so what do they need working capital for? Yes it could be for capex of course but then why not just say so? I'm thinking it could just be a way of rewarding staff but then why not just grant options? I've not seen this before and just can't find the logic to it!! Also surprised by the lack if debate on here, is it all just on the Twitter group now?

I'd also add that the financial year ends on 30th of this months. We've had no indication of any bad news, in fact the contrary! So barring a disaster in the next few weeks a full year eps on or above guidance is nailed on imo. I'm very happy to hold and wait here, true value will out in the end. It reminds me of SLP that took an age to increase in mcap but it happened in the end. I'd rather hold here than chase rainbows.

going on here, will be interesting to see the first big announcement from the BoD on where the new strategy will take us. Quiet board, quiet buying.....not even close to being on the radar yet!

Totally under the radar this one, been watching it since 2.9p only 2 weeks ago. Big II in from today, and directors are heavy hitters who have each put £100k of their own cash in. Cyber security all over the news at the moment. Follow the money....

This is totally under the radar J5 as can be seen by the lack of posting here after those results. Full year divi should cover all administration expenses!! This has no brainer written all over it.

They'll be buys, part of the buy back programme. Probably be in an after hours RNS like the last few, I still don't get where all these shares are coming from if no-one is selling!!

So who is selling? RNS said not the directors so it must be other large investors. These shares are not being traded on the open market, certainly not PI's at this level!

Hi Mark, fair point which I hadn't really considered actually. My own experience of this sector relates more to the construction side or quasi service sector around construction and maintenance so overlooked that side of things. Not sure which one is more exposed to retail, although yesterdays Speedy announcement certainly implied that they have missed a trick by looking too much to corporate. The HSS expansion plans IMO put them in a good place to cater for both markets. I would have expected a bigger bounce by now, but it was nice to see some sort of recovery this afternoon and I hope it continues!

Just saw this, like I said the other day the market HSS operates in is bullish so demand will remain strong and growing which will support their expansion plans http://www.bbc.co.uk/news/business-33359476

Hi Johnny, yes I agree. This current SP is a total bargain and like I said earlier a huge over-reaction. I've seen it before in companies such as Tesco, Oxford Instruments and Zoopla. OK so Tesco bounced back 30% or so within a few weels (from it's low) and is having some other troubles now which are supressing the SP but initial 20-30% drops off 1 lot of less than ideal news have in the other cases all but been pulled back (or even exceeded). Not a particularly glamorous business to many, and this is a fairly quiet BB backing that up. But no doubt a few people (like me) would have had their interest caught today. I'm not sure if we've seen the bottom yet, I did think it would have pulled back a bit today but it hasn't. We'll see what tomorrow brings I suppose.