We would love to hear your thoughts about our site and services, please take our survey here.
Always a bit naughty announcing a placing end of play on a Friday! Usual story, the market knew before everyone else! Been in and out of this over the years, but finally they seem to be getting traction with orders, they’ll need the capital to push it forward so I can only hope this time we’ll see some solid results! The products are good I just hope the money goes to good use and us investors see some results! GLA
Very impressive 22% debt reduction, coal price low, average tariff increased, ‘debt free by 2023 with free cash flows thereafter providing significant returns to our shareholders.’ Very happy to sit and wait for the rewards here!
I see Thomas Cook were one of their clients, not sure to what extent the contract was worth, anyone any ideas how much affect it would have? The recent drop does seem well overdone considering the last update, am tempted to have a few but the chart isn’t signalling a Buy!
Just a bit more profit taking today after the initial rise I feel, I shall be holding for the bigger gains as this looks to be progressing well, lots of potential on offer here in my opinion. GLA
I would suspect another placing so soon is highly unlikely, perhaps just a large sell order in place? Unless someone knows there’s bad news on the way I’m hoping this is just an opportunity to pick up some shares at a decent price. Happy to hear others views?
Another Buy recommendation from ST today in the IC. Have been following the chat recently and see Munters u were certainly right about the placing. Although I have to agree with the article today. With the funding out the way and cash in the bank to progress the increasing orders now does look to be an opportunity to buy in?
I’ve followed ST for the last couple of years, some recommendations have gone down but most have gone up, your never going to get it right all of the time! Overall his research is sound, unfortunately your always at the mercy of those trading updates and you can only rely on the last update to guide the way! GLA
Seems strange, trading update was positive as far as I could see, divi looks safe, with potential for growth in both Global Solutions and Data Centre. I bought in today for the divi at a 5 year low price with that potential for growth. Some larger Buys and Sells going through so perhaps some institutional investors shuffling holdings?
I know some will have lost out here for now but ST has backed up his comment yesterday with a recovery Buy recommendation today stating ‘MPACs shares, at £1.40, are rated on a cash adjusted 2018 PE ratio of 4, falling to 2 in 2019! Investors have severely overreacted to the warning, and I rate the shares a recovery Buy.’ Those waivering on wether to sell might be better off holding for now in my opinion. Obviously this is as long as there are no other negative updates to come! All just for info, I know there’s a lot of negativity from the original ST article but hopefully this’ll help lift the share price in the right direction! GLA
Hindsight is a wonderful thing! All looked good 3 months ago, how quickly things have changed! I’m out as have learnt the hard way hanging onto shares for recovery can be slow and demoralising. I’ll look again when trading/contracts improve but until then there are always opportunities elsewhere. GL to all those prepared to wait.
Well finally the delayed update came. Revenues increasing yes, but profits are stagnant with a probable fund raise later this year. I can see better opportunities elsewhere for now so am out at a loss. As you say master36 any positive news then this will fly but at present this doesn’t look to be happening anytime soon. Good luck to all those holding on.
Agreed, given the recent share price movement I suspect many (including myself!) wernt convinced, however these look to be a positive set of results with a much improved outlook. The market seems to agree, I’m back in......
dan1nat1 and jsmith thank you, much appreciated! Really can’t see a reason for the dip with the company progressing well. As I said I’ll be holding on and topping up when a favourable moment presents itself! GLA
Been invested a while and should be paying more attention with the new price/name! Can someone simplify what the share price is now if ud have bought in at 8p old money and 9p old money, it’ll help me decipher what’s going on! No concerns with the current dip, solid company and I’ll be looking for a top up once I work out the share price change!
Dabbler1 and all, managed to speak with someone in the relations team and they are looking to put something out next week Informing of an update due beginning of June. Vague I know but hopefully we’ll know more next week......
No update yet, I emailed the company over the weekend about when the next update is due but no response yet. Anyone any ideas?