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Mice Group (MEG): Robbie Burns just bought in.....more (MEG)     

molatovkid - 24 Feb 2004 18:23

The article is as follows:

Two new trades both made yesterday late afternoon. First a new buy 6,200 shares in Mice Group (MEG) at 75p. Stop Loss 68p, Target 100p. The buy is already going well the price has moved to 76-79 as I write.

Thereve been a few false dawns before on this exhibitions group but I think this time a rise up to around 100p (plus a dividend) looks probable. Three things spurred me on to buy.

Firstly, there are bullish noises coming out of the company. Mice has been making various presentations to institutions which have been going well. Broker Investec has also made Mice a buy.

Secondly the company (who hosts exhibitions) was hit by the Iraq war and Sars but is now recovering well. And thirdly Im no great chart reader but it looks like a buy signal to me!

To fund the Mice purchase I sold the weakest link which isnt really that weak but I went for taking profits in Jubilee Investment Trust and sold my 7,500 shares for 61p. That netted a profit of 375, taking banked profits for the website to 111,754

Grandma - 27 Feb 2004 20:55 - 2 of 22

Was this in the Sunday Times- I didn't spot him. Does he have a web-site? if so can anyone tell me the address please.

Mega Bucks - 27 Feb 2004 21:02 - 3 of 22

http://www.frequenttrader.info/p2.html


hope it helps:-)

Grandma - 29 Feb 2004 22:06 - 4 of 22

Thanks for that.

Grandma

JRM - 17 Dec 2004 11:09 - 5 of 22

I'm confused about this one. I've waited years for it to be cheap and the time has arrived.

But, fears of a rights issue, management change and high debt, combined with an iffy article in the IC and the recent sell off leave me wondering. Why buy?

hightech - 17 Feb 2005 09:54 - 6 of 22

Why why? confused!

queen1 - 09 Sep 2005 10:01 - 7 of 22

Not many mice been scurrying around on here for sometime. Is anyone still in?

driver - 10 Sep 2005 00:10 - 8 of 22

Got out at about 75p I think, is it time to go back in.

queen1 - 10 Sep 2005 15:01 - 9 of 22

Well I've just got in driver as I think business is on the turn and prospects in Mice's wider markets look good. It would be nice to think that the bottom is behind us (?!) and I think we're moving on up.

queen1 - 07 Feb 2006 22:30 - 10 of 22

A nice little rise up today after a long period languishing. Is this the turn?

knute - 16 Feb 2006 11:35 - 11 of 22

I think your question has been answered, queen1.
This rise is on the back of very large buying by GAM and maybe someone else. There should be a further holdings RNS shortly.
I am surprised not to see any other recent comments here.
Their year end is 28 Feb and last year results were issued 16th May.
Trading update in a week or two with luck.
Cash flow and credit management will be the items to watch almost as much as profit imho.

queen1 - 16 Feb 2006 21:51 - 12 of 22

I bought at 35p knute and have watched the sp fall or stagnate ever since so this is starting to look as though my original faith in the company wasn't misplaced after all.....at least I hope not!

knute - 18 Feb 2006 09:13 - 13 of 22

The 1meg late buy after the close @ 37p gives hope for Monday. At last we're trading above the placing issue price.
I'm a little surprised we haven't had any further RNS yet.

driver - 18 Feb 2006 14:02 - 14 of 22

I like this company I sold at about 85p on the way down it now looks interesting.

movinup - 18 May 2006 13:55 - 15 of 22

one to keep your eye on, this surley can only improve with time,brokers reckon could be a 1/4 billion business soon

movinup - 19 May 2006 11:59 - 16 of 22

Director starts buying shares.a good sign i think.

movinup - 20 Sep 2006 10:58 - 17 of 22

up 2p this morning

driver - 14 May 2007 17:16 - 18 of 22

This is one to keep an eye for a recovery, they are painting a grim picture on the other side we will see . 10p to buy.

driver - 15 May 2007 18:04 - 19 of 22

8.88p to buy could go lower.

driver - 18 May 2007 14:44 - 20 of 22

Down 12% today where's the bottom.

driver - 30 May 2007 14:53 - 21 of 22

Down 14.29% today where's the bottom. 6.29p
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