Updates

Mpac

February 2024

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

GP3 constituent MPAC, to which we added during last year’s sell off, soared during the month after confirming that with supply chains easing, H2 played catchup and full year performance will now be in line. ShoreCap forecasts £6.9m pretax profit for eps of 26.3p for the year ended in December. As Chief executive Adam Holland explains, Mpac’s individual contracts tend to be lumpy - at say £2m-£5m - and Mpac generates the majority of its revenue through contracts to design, engineer and construct high-specification automation and secondary packaging lines, with contracts in a normal environment delivered over a period of 9-15 months. But FY22 through to H1 23 had presented challenges; logistics and supply chains froze and it ...

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Hollywood Bowl

Wincanton - 450p cash bid from French carrier, a 52% premium

MPAC - Two large acquisitions will ensure forecast beat (November 2024)

MPAC - Enhances its US footprint with acquisition (October 2024)

Mpac (June 2024)

MPAC - Plans to double sales within five years (May 2024)

MPAC (April 2024)

MPAC (August 2023)

Mpac (April 2023)

Mpac Group - Clean energy opportunity (February 2023)

Mpac (August 2022)

Mpac - Order intake in year >£100m (April 2022)

Mpac Group - Resilient performance for FY21 (February 2022)

MPAC - Lollies driving sales of packaging equipment in US (October 2021)

Mpac (August 2021)

Mpac (May 2021)

Mpac - Trading ahead of forecast (February 2021)

Mpac Group - Enters fast growing craft beer packaging market (October 2020)

Mpac - Noticeable resilience in healthcare sector (August 2020)

Mpac (April 2020)

Mpac - Meeting notes (March 2020)

Mpac - Five profit upgrades in FY19 (February 2020)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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