must try harder!
as long as they wrap all the fish in newspaper it will be all good. ;) going to be a good week for mec holders
something fishy is going on... Some of the guys over on iii have L2
trying to hold this back, think a large order is still being filled.
lets see some late afternoon volume...
£2 plus finish.
Leaving this afternoon.
I'm half tempted to do the same, however.... i think this time round it will be a slightly different pattern.... We will defiantly see gain pre results (i'm predicting around 230) with the larger gains on confirmation of the results. I think they will be better than expected which will push the SP higher to 2.75-3.00.
i expect 230 pre results... if the results are good which i expect, we should see this fly. We could see £4 come xmas. Im not top skimming until we hit £3.50 - £4.
results due next week on the 28th..... I expect a strong rise before then.... Prob looking at around the end of the week before we see some real movement.
Newspapers in line for first ad growth in three years... The areas in which mecom should also be slightly ahead of the UK markets. http://www.ukseonews.co.uk/newspaper-advertising-in-the-uk-geared-for-growth/639/
I'm still here. like you i could have sold at various point and made a killing.... Im still a few k in profit but i'm sticking around for a least another 12 months.... £3-4 is coming sooner than you may think :)
But will certainly sell a few more papers to our german friends.
Results due next week..... Don't let the wider market drag you down.
Mecom, of whom one analyst said, last year, that it clearly has too much debt to survive, has recovered with the advertising market and indicating some promising signs in Q1 2010. The decline in advertising income slowed to 3% from 13% in the final quarter of 2009 however Mecom noted conservatively that advertising performance in April has been more subdued than in March. Earnings were inline with management expectations. Total revenues were 2% lower in Q1 but costs were 7% lower in the quarter than a year earlier. Net debt is still at €369m but cash generation, in the first three months of 2010, is ahead of management’s expectations.
Results are out in little over 2 weeks which will be a lot more comprehensive and give us the real picture. The statement today was good, no fireworks but DM plays his cards close to his chest are doing all the right things in the background. There also seems to be a buyer in the background and can see a steady rise to £2.50+ before 13 May. I won't be selling.... There's far to much upside! The thing is with MEC if this is going to fly.. Blink and you'll miss it. Sell and you could miss out!
http://www.guardian.co.uk/media/2010/apr/29/mecom-ad-decline-slowing
Heading in the right direction.
EBITDA was stronger than in the first quarter of 2009, consistent with the Group's expectations of an increase in EBITDA of more than 10 per cent during 2010. Shows to me they are well on target with they have set out to achieve! Notice the wording.... MORE THAN.