The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
all shareholder to vote AGAINST this... What it does do in our favour is give us a 155p floor going forward. £2.50-£3 should be more realistic. Day light robbery!
Bez you will be effectively releasing all your shares to the value of 155p per share... You will no longer hold any Mecom shares. This is not a good deal!
This is a joke! Vote against! PI getting shafted!
Hopefully should be due a correction, this valuation as present is nothing short of criminal.
We will see a surge upwards this week, MMs using the Dutch stats to march this down. Rebound coming. IMHO
looks like we good be on the next step up. i think we will see 150p in the next couple of weeks. GL
Looks like you where right, in the short term at least... very surprised by today's pullback, this share is still massively undervalued. Fundamentals are still very good here and chairman statement very positive. Mecom is in the best shape it's been for many years... Let's hope this is a slight retrace before the next journey up, I do believe we will see £2 in 2014.
Solid RNS, I think the divi would have give this a boost, disposal still to come. Broker upgrade.
We will see... Lets see where this is in the next 2 weeks. ;)
I don't think you can follow the charts on this one, news is imminent about disposals, full year results to be better than expected and a reintroduction of the dividend. I can see this only going one way, over the next few weeks... UP. Unfortunately charts don't account for news.
MECOM is promoted to the FTSE Small Cap
That's a mistake in the way that's being calculated, I'd expect once they reintroduce the dividend the typical yield will be around 5% mark. So wouldn't take any notice of them figures. However I'd expect this to be in a much strong position by the end of 2015, I expect this to be at least double by then even by the end of 2014. Once advertising revenues pick up this will really shift. Final year results due middle of March, more disposals on the cards and virtually no debt so we will see some upward momentum very very soon. GL
Not sure where you have read that, can you post the link?
Divi in March will really kick this upwards, looks like we still have a seller waiting to clear which is holding this back.
120
GL
Lots of shares changing hands between ii's UT trade with 1.27 on the ask. Looks like this is about to break out should be moving up to 160's - 170's next IMHO
All the best mate, I'm sure your be keeping your eye on these and may be back in a some point. Still extremely undervalued at these levels. GL
the seller has cleared, onwards and upwards :)
EBITA forecast beat by 10% Massive debt reduction. Dividend back in play in March. Fully expect £2 in the next 6 months. And if we had an advertising turnaround nearer £3