Member Info for troutisout

You do talk rubbish....

I assume that UPS for January would show the opening price on the first trading day of the month and the closing price on the last, in MRS's case 4.25p and 5.4p, hence the 27% rise in January.

'tried to be fair' Really is that a joke?

As for ""NOTE- I have not selected any share lately due to the market poor results and Brexit uncertainty", if you really are a seasoned investor you will know January is one of the best investing months of the year as many shares often come to life and this January hasn't been any different, my portfolio has risen substantially this month, with my two biggest holdings moving 35% and 27% higher and I expect that to continue through 2019....

MasterRSI,

Just seen the month's best performers for January on your UPS thread (+7.2% and +1.74%)

Perhaps if you had put down MRS rather than rubbish it all month, you could have been in a +27% in January stock....

Hi Tesa,
I wasn't trying to teach people to suck eggs, it was more that if Northlands and MRS were parting on an amicable basis then they might as well work together until the deadline date and then Northlands could be replaced.

MRS have a new NOMAD and that particular 'worry' is now buried and certain posters will have to try something else now. I saw a poll on twitter yesterday asking whether MRS would get a New Nomad today, 171 people responded and 53% voted 'NO', so it shows how many naysayers there are out there.

MasterRSI, I can ask if Bachmann have a big digger spare for you to dig your hole with, unfortunately I think they are working at full capacity at the moment so you will have to continue with your own pick and shovel........

As for this, "that is the second time giving the wrong forecast", what do you think 'forecast' means???

tesa,
Remember it was due to the takeover of Northlands that they needed to get a new NOMAD, there was no resignation due to impropriety as someone was desperately trying to say yesterday... So Northland could have been continuing to help with the Interim results up until the point their contract ended.
However someone on another thread with eagle eyes, pointed out that Arden are now our new Nominated Adviser and Broker. Peterhouse don't appear on the RNS and therefore may well have been given their marching orders? Too soon to know, but you would expect that might cause a delay or two in sorting that out...

I wouldn't worry too much about him, he has emerged as a bit of a saddo (well actually a lot of a saddo).....

In all his years investing he has ended up as this....Shows how bad investing can be....

He still hasn't worked out that MRS paid down quite a bit of debt last year and are currently paying down $400k a month on some of their loans....

You mean you took him seriously before, he's a basher and all because he lost a few quid trading it last year....

Master RSI,
Not sure what you are trying but can you make it clear that the article is about AIm stocks that have had their NOMAD resign, which they tend to do when they see problems that cannot be rectified.....

However the situation with Northland is that due to a merger/takeover by SP Angel it has had to relinquish it's Nomad's licence on the 1st February.
So whatever the implied insinuation, the article is not relevant to MRS or the majority of the Companies that had Northland as a NOMAD....

Why jam the Board with that?

win4call,
You are correct with the taking it private explanation, but not sure that "The company could carry on perfectly fine without being listed - but shareholders would see none of the benefits and the management would profit instead."
is correct?
Shareholders still own the same percentage of the Company, they can still vote and receive dividends and of course would benefit in any sale of the Company. They wouldn't however have a public market to trade the shares, but they could still buy or sell them through matched bargaining if they wanted to, not easy I admit, but the shares would still have a value if you can find a buyer.
The Management would profit instead? Not sure how, they will receive their salaries as before, but they wouldn't be able to openly trade their shares either.
Finally a lot has been said about certain shareholders, some are Management and others are not, but for all the dark scenarios painted why would they want the Company to go private, when certain people think they use the listing to trade the shares?

Could easily be the 500,001 trade earlier was hit with a fat finger on the last digit and this then balanced the books by selling the extra 1 share.....

The trades screen is all over the lace due to the large spread and the fierce drop seems unwarranted but will panic some.

For me and I didn't have time to check them, it seems the trades 2 - 6 were buys, with the 2 x 100k being sells and the start of some selling. The 2 x 215k trades look suspiciously like a bed and ISA type trade and I wonder if that is someone taking out from an ISA or someone adding in to one.
The the 78k looks like a buy, followed by more selling and the drop in SP. Buyers then pick that up and the spread is now that buys at 4.48p are going through as sells again.

All in all not one for the squeamish......But you know what they say in Stock market parlance.....

Dj, It is an RNS NON,

"Management Resource Solutions PLC MRS Services Group Contract Win
29/01/2019 8:04am
RNS Non-Regulatory

TIDMMRS

Management Resource Solutions PLC

29 January 2019

29 January 2019

Management Resource Solutions plc

("MRS" or the "Group")

MRS Services Group wins contract to construct Truck Trays

Management Resource Solutions plc (AIM: MRS) is pleased to announce that its wholly owned subsidiary MRS Services Group has secured a contract for the structural fabrication of eight coal truck trays. This contract has a value of between AUD$800k and AUD$900k.

Construction of the first trays will commence immediately and is expected to complete during February 2019.

This contract will be delivered from the Group's Muswellbrook facility, the only one of its kind in the Hunter Valley. The Directors believe the Group's facility is industry leading, providing a safe and controlled working environment, delivering the best quality of work for our customers.

Paul Brenton, Chief Executive Officer of Management Resource Solutions PLC, commented:

"This is a fantastic contract for MRS to win and further demonstrates how the Group's diversified service offering of MRS Services Group and our Engineering and Maintenance Facility differentiates us from our competitors.

"We don't believe any other supplier in the Hunter Valley can control the working environment for complicated construction projects like this. This contract provides further endorsement of the quality of the team's work and ability to deliver projects on time. MRS continues to enhance its position as a diversified fabrication and maintenance service offering in the Hunter Valley."

Silverlight,

You need to calm down a little....

My post was due to knicol's link being the RNS from the AGM over a week ago, look at the thread title.

knicol,

That is the wrong RNS, not today's one.....

MattDWrecker,
Thank you for that, hopefully that will calm Dj's immediate worries. I am still confident that they will announce a new NOMAD before the deadline......

Dj,
It is my understanding that AIM shares when delisted cannot be held in an ISA, being suspended is not the same as delisted.
MRS was suspended a couple of years back, there must have been people that held in their ISA then, they might be able to help you more....

Cornish you get a mention!!!!

https://twitter.com/proactive_UK/status/1088796390514397184

You can always tell when someone is incapable of continuing their argument as they resort to insults and ignore the other person's points....

It would seem Greenhills and Master RSI are getting a little worried the SP might actually be at the start of a big climb ahead....

I reckon Monday AM for a NOMAD confirmation, may be Tuesday if they need to get back into the office on Monday to finalise after their trip back from Aus.....

Master RSI,

You seem to be hell bent on continuing down your path, so let's ignore the companies forecasts which seem to be on a similar, if incorrect set of metrics and go on the actual EPS in the results and your forecasts that you have posted.

last year's EPS 1.74p

Your forecast EPS for this year (see below) between 1.96p and 2.21p

That is a rise of between 12.6% and 27%, which is a great! However this is predicated on the exchange rate at year end and I don't think anyone can suggest they know what that will be, as other things take over.

"Conclusion using AUD1.80 exchange rate, 13% tax charge and 197m shares overage for 2019
My expectations:
Profits after tax of £3.86m - 4.35m
EPS 1.96p - 2.21p = overage of 2.085p"