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?

Been tracking these for a while, seem like a well run outfit most earnings not really dependent on economy. No exposure to yank market, and now they seem to be up to something in the Middle East "transportation elements of major developments in Dubai and Abu Dhabi" to quote a line from their Website...oh yes and they have 380+ job vacancies as well at the moment (hope thats not because they are a crap employer).

Price down for no apparent reason and about time we had some Director buying to add to some Institutional purchases earlier this month.

Price might go lower (410 looking at the chart) but then again might start to lift.

..so after you have DYOR what do you think?

Stan , don,t get carried away by the 380 job vacancies , they pay their dogsbody,s in Dubai ten quid a week!

Up 16p already on a down day..more to come ?

http://moneyam.uk-wire.com/cgi-bin/articles/200803310701551057R.html

Don't look to bad on a first look, price 426p. down a couple of points at the moment.

Bit of positive activity with these recently.

Up to 472p despite a director selling 50 thou yesterday, nothing holding it back at the moment.

Apparently staff annual sharesave price was set (again!) whilst SP was at it's 470p+ peak - looking at todays SP, wouldn't be time to set directors options, would it? :-)

Well they better hurray up, SP now on the way back up.

whoops - I think someone from the chartie fraternity painted a target on this !

These were on the slide before this weeks events, not exactly encouraging but there again P. results coming up on 7th OCT. so lets see where we are nearer then.

Dont think there's any surprises to come in results (it's not that kind of company!) but it's touched 2 year lows, and setting off chart 'downtrend' triggers, which is a bit daft ..... might be a nice opportunity arising... or even, at these levels, attract cash rich bidders in the sector !

Ifs, buts and maybes...Can't rule out anything these days can we -):

Final Results out today, look comfortable to me on first knockings, up 4% plus so far. Pity the market is the way it is as these would surely be a lot higher then they are, but there again that could be said for a number of outfits at the moment.

Another Panmure buy reiteration, up nearly 10% on the day.

FT250 down 230 and these up another 15p today, somethings brewing I know.

Black Rock added after hours yesterday which took them above 10%.

And there's more, Legal & General adding this time on Friday.

"Threshold(s) that is/are crossed or reached:

From 4% - 5% (L&G)"

More buying activity today.

ALISON DEBORAH MOIRA HEWITT

8.
State the nature of the transaction

PURCHASE OF SHARES

9.
Number of shares, debentures or financial
instruments relating to shares acquired

6,182

18 June 2009



Mouchel Group plc

Interim Management Statement



Mouchel Group plc, the consulting and business services group, today provides its Interim Management Statement covering the period to 31 May 2009, ahead of its pre-close trading statement which is expected to be issued at the beginning of August 2009.




Trading performance




Since we reported the half year results on 31 March 2009, the Group's performance has increasingly been affected by the previously reported challenges in rail and in the Middle East. Our Management Consulting business has also been further affected by a reduction in demand for consulting services generally, as well as by the costs associated with targeting new opportunities and investing in developing our major local authority partnerships, the benefits from which have been slower to materialise than previously anticipated.




We continue to take measures to ensure that we have the right cost base for the Group going forward. This too has impacted financial performance in the short term but will ensure that we are in a strong position to deliver organic growth in underlying trading.




As a result, the Group's performance for the current year will be below our previous expectations. The position in rail and in the Middle East will also impact next year. However, we anticipate that this will be broadly offset by the cost savings secured this year and by organic growth in the Group's ongoing businesses, such that performance for the Group as a whole in 2009/10 will be broadly unchanged from the current year.




In spite of this, and notwithstanding general economic pressures, demand for the Group's services in our core markets remains generally good. We have strengthened our bidding capability and have secured some important new wins. We have also benefited from increased activity in a number of our existing commissions. We continue to have a healthy order book and bidding pipeline. Our order book still stands at close to 2 billion and we have made good progress in positioning ourselves for work currently being bid.

Appeared late yesterday...

Mouchel Group PLC

FORECASTS
2009 2010

Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Arbuthnot Securities
16-09-09 BUY 40.00 25.86 6.50 40.01 25.80 6.50

Panmure Gordon
16-09-09 BUY 39.99 26.12 7.02 40.97 26.64 7.37