#MEGP applying for restoration of the listing and trading…
#MEGP announce £18m buyback.
#MEGP FY Results. Record profitability and increased revenue looks slightly ahead of consensus. Accelerating the roll out of laundry and key duplication in France, seeking acquisitions. Performance year to date inline.
ME Group #MEGP
Share Price 121.8p (-16.2%)
Audit delay? Just:
✔ Reconfirming profits before tax
✔ Checking net cash stays positive
✔ Careful review of the company (today’s RNS explains)
✔ Complex, capex-heavy business
Bought a few to be involved.
Like the action.
A Trade Only!
UK companies in the news:
#ABF #AFC #ADVT #AML #AUGM #AVG #BGEO #DGE #GLB #GSK #HLN #HMSO #HSBA #HSX #IGET #IPF #JET2 #MEGP #MGNS #OMG #PTAL #SHC #STJ #TRCS #VIC
Head to Sharesify.com for news, views and analysis.
#MEGP announces delay to audited accounts. Re-confirms guidance previously issued and has not been informed of any material issues. Shares to be suspended 2nd March and results expected 13th March.
#MEGP Secondary Placing
#MEGP FY TU. Record PBT albeit a marginal miss on expectations by the looks. Laundry still growth area with slight reduction in photo. Strategic review ongoing.
ME Group #MEGP
Share Price 191p
Bought as a trade.
Hasn't worked.
A softening SP reaction for the last few weeks does not boost confidence.
Any guesswork about why no recovery in SP raises a question mark.
Exiting! Taking a 5% hit.
Maybe others are thinking similar.
Best of luck to holders!
ME Intl. #MEGP
Share Price 201p (-0.5%)
Today, I bought an initial position.
My purchase sweetened by the sliding SP.
Are traders bored and moving on?
8.3 forms give confidence that institutions are buying!
Perhaps, traders reckon nothing in M&A will happen soon!
Is Fair Value closer to 200p?
ME Group Intl #MEGP
Share Price 220p (+1.38%)
Interims
SP reaction flat, as SP is above fair value on current and p/e(f).
#MEGP, a willing seller.
If buyers interested, suspect at a premium of 20% to 30% on current SP.
Can I persuade myself to buy or wait for lower SP for a better entry point?
#MEGP H1 Results. Record H1 profitability at £34m PBT with net cash at £36.2m. Expects FY25 in line with expectations. Continues to grow laundry and photobooths in line with strategy. No update on potential sale process.
#MEGP up 8% on no news. Anyone know why?
ME International #MEGP
Share Price 214.5p (pre-open)
Half-Year Trading Update
"On track to deliver FY 2025 profit performance in line with expectations,
with another year of record profitability."
Fairly valued.
Will be tempted to buy if ever cheaper.
On my watchlist to buy and to hold.
#MEGP H1 TS. Record H1 profitability despite a hiccup in photo booth printing with growth in laundry. H2 weighting expected and FY expected in line with PBT between £76m and £80m.
🏭 ME Group reports record profits, laundry growth, and 6.8% dividend hike in FY 2024. Riding high on strong performance! $MEGP
Get ahead with today's top stories 👇
https://marketshareai.uk/news/lse/megp/1309Y
#MEGP #AIM #FTSE
#MEGP FY results. Record PBT of £73.4m and net cash increased despite FX headwinds. Expansion strategy’s continues with 1200 further laundry and 3200 next gen photo booths in 2025. Guides PBT to be between £76m and £80m. Expectations look currently at top of that range.
🏭 ME Group expands services deal with UK supermarket Morrisons further cementing relationship between the firms.
Get ahead with today's top stories 👇
https://marketshareai.uk/news/lse/megp/9237T
#MEGP #AIM #FTSE
#MEGP 5 year contract extension with Morrisons supermarket.
Additional 200+ Revolution washing machines over the next 3 years.They also have 488 photo booths and 424 children’s rides.MCAP £759 -Fcast PBT £73/ 24 - £79/25 - Net borrowing -£49
So,after a trimming and axing a few positions, I’ve most of a portfolio together to kick off 2025. Here goes:
#CMCX
#BOOM
#BKS
#CHRT
#FXPO
#GAWR
#GMS
#LBG
#IPF
#MEGP
#PAY
#SUP
#VLX
#W7L
#YU
#MAB1
#SRB
One or two might be trades and a couple of punts in there. Good luck everyone for 2025 🤞🏼😅
Happy New Year to everyone here that’s helped keep my sane in this turbulent investment year. Biggest winners :
#RR. 90%
#LBG 98%
#FCH 92%
#MEGP 60%
I over traded a bit and painicked sold on occasion but far less than in the past. Progress!
Finished up happily with
22% YTD. Thank you 🙏🏻
🏗️ ME Group reports another year of record profits & growth in laundry operations driven by diversified instant-service equipment.
Get ahead with today's top stories 👇
https://marketshareai.uk/news/lse/megp/6886O
#MEGP #AIM #FTSE