After taking over Parkman, and taking Parkman Chief Executive Richard Cuthbert, Mouchel's share price has dropped, fuelled mainly by the reported costs of the merger. Preliminary results for the year to July will be published in October. for

However the merger costs are 'one-off's' and the new organisation is stronger (and claims it will make further acquistions). Is it ready for take-off in the run-up to the publication of accounts?

Starting to build some momentum +15%

..and now +20%..glad I jumped in yesterday!

In auction with 4% of shares traded today.

Closed at the high of the day 14.5 +31.8%

In auction +10.3%

skinny
thanks for your reply

Devon - I hope it was of some help.

Today was "double witching" day - this occurred @10:10 am. You may find this thread interesting, although it tends to be a bit of a damp squib these days.

I lifted this link from over the road.

Pothole misery to end at last.

In auction +13.21%

Appointment of Financial Adviser and Corporate Broker

Mouchel Group plc is pleased to announce that it has appointed Goldman Sachs International as its financial advisor and corporate broker with immediate effect.

Skinny,
You are great in predicting stocks.

Ahoj - I wish I was - I wouldn't be here :-)

Recent high today @17.50p

Looks good for recovery-if the world economy does the same.

stopped out earlier @ 14.75p. Now down 20% and in auction again!

in the poo again and back in auction...

Yes its not looking great!

Interim Results.

What was that we could see last months from a mile off? Oh yes, that's it - 'dilutive equity raise' ....

:-)

i'm long here now @7.55 - think the sell off's been overdone

We are evaluating all options for restructuring our balance sheet. These options include a significantly dilutive equity raise.

I really do hope you come out of this smiling but what part of that statement encouraged you to 'go long' ? ... Any dilution will almost certainly be at a discount to market price otherwise no-one would buy into it.....