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MMS - McMillan Shakespeare

Discussion in 'Stocks I-P' started by absolut-advance, Nov 25, 2005.

  1. absolut-advance

    absolut-advance Member

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    Excellent Figures....Profit Margins, Eps Growth, ROE growth, Adjusted Profit Growth, Lowish PE/PEG, Masssive Increases in Sales Revenues.

    Rumours they could be a target for Talent 2 to swallow, as they are into Salary Packaging.

    EPS growth from previous year moved up massive 620% to 7.55 cps.

    Return on Capital (ROE) moved from: 5% to: 32.5%

    Dividend Yield is 2.4 cps.

    PE is industry average at 19

    PEG is low at .19

    Adjusted EBITA Profit moved UP from: $987,200 to: $7,915,000

    Share Price has gained relatively modest 28% plus in last 12 months....

    Market Cap is currently approx: $127 million. :D

    Check out the depth today! Volume! Only 2 sellers at the moment.
     
  2. Profitseeker

    Profitseeker Well-Known Member

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    Re: MMS McMillan Shakespeare

    Who are talent 2?
     
  3. absolut-advance

    absolut-advance Member

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    Re: MMS McMillan Shakespeare

    Hi profitseeker here is talent2 homepage, click on the link...

    www.talent2.com.au/
     
  4. Profitseeker

    Profitseeker Well-Known Member

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    Re: MMS McMillan Shakespeare

    Thanks.
     
  5. Profitseeker

    Profitseeker Well-Known Member

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    Re: MMS McMillan Shakespeare

    Where has the news come from that Talent might be looking at this acquisition?
     
  6. absolut-advance

    absolut-advance Member

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    Re: MMS McMillan Shakespeare

    Just rumor and general talk within the industry, nothing set in concrete of course.
     
  7. Alien

    Alien Well-Known Member

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    Re: MMS McMillan Shakespeare

    Hi,

    Just wondering your thoughts of the impact of PAYG tax scales next financial year. Top tax scale of 48.5% commencing at $125,000. 42% at $95,000. Would this not make salary sacrifice not as affordable for employees?

    Your views appreciated.

    Regards
    Alien
     
  8. Ken

    Ken Well-Known Member

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    MMS

    Performed really well over last 3 years, anyone wish to comment on this boring stock which has been a winner since it arrived on the markets.
     
  9. Uncle Festivus

    Uncle Festivus Well-Known Member

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    All I know is that our company has just ditched them for another mob, due most likely to their sub-standard service. Not one person I have talked to in our comnpany has a good word for them (in fact making many formal complaints), and I personally have found their services extremely lacking.
     
  10. The Trooper

    The Trooper Active Member

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    MMS - MacMillan Shakespeare

    Anyone - Macmillan shakespeare dropped by over 17% today (25th Jan 2010) after falling first last friday for no apparent reason - can anyone shed any light on this? This stock has been climbing back to pre-2008 levels over the past six months then this all of a sudden...good time to buy or to get out of a sinking ship?
     
  11. nomore4s

    nomore4s Commonsense isn't that common

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    lol, I own these and didn't even notice the price drop till I read your post.

    I have no idea why they have dropped so hard but I am pretty much free carried so I will watch the price action over the next few days and then decide what to do with them.
     
  12. kennas

    kennas hoarding tinned food

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    Oh dear. :eek7:

    Critical break of support zone.

    Looks like panic stations / stop losses from tech traders.

    Major support at $3.00 - $2.50.

    Looks like a great knife catch to me. :2twocents
     

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  13. YELNATS

    YELNATS Non illegitimis carborundum

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    Interesting. I went to an investors seminar in Sydney a little before Christmas and the main speaker was glowing in his praise for this company.

    I have been watching them ever since but don't hold.

    There doesn't appear ay announcement explaining the price decline.
     
  14. nomore4s

    nomore4s Commonsense isn't that common

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    Only about 67mil shares on issue too so any run on stop-loss triggers could cause a run on it, will see how it bounces back in next few days and whether any news comes out before I do anything with my holdings
     
  15. skyQuake

    skyQuake Well-Known Member

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    Caught some of that second knife, just some big guy dropping knives from the roof. Will be interesting to see how it reacts on wed.
     
  16. kennas

    kennas hoarding tinned food

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    Looks like some general panic selling across the board to me. Could keep going, but more likely to be some bouncing about. For MMS, 3.00 might have been a tech bottom. Very strange reaction to....nothing....:confused:
     
  17. skc

    skc Well-Known Member

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    It's not nothing anymore... it's just rumours however.

    http://www.asx.com.au/asxpdf/20100127/pdf/31nbbzz1zy7b0n.pdf

    Amazing how government reviews can leak like this.

    Reminds me of IMF which went on a government-induced dumping and has yet to bounce back.

    Longer term this is probably an opportunity. There will always be salary packaging. Having some new rules simply means that employers will have to pay MMS again to come up with new ways to package salaries around the new rules...
     
  18. skc

    skc Well-Known Member

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    Still falling... $3 was defended for a bit today before buyers gave up.

    Fundamentally, this stock is now pretty cheap.

    EPS last year ~30c and dividends at 19c. This year probably at least 15% growth for an EPS of 34.5c. At $2.8 that's PE of 8.

    This reminded me of Cabcharge's fall last year... and that was with a confirmed ACCC investigation. Yet CAB managed to regain most lost ground despite that.

    Discl. I hold from today...
     
  19. condog

    condog Well-Known Member

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    Fundamentally this stock is a steal....

    Even with the Henry review its hard to see their earnings affected by 50%....

    Stupid lemmings.....stupid....stupid.....stupid....

    Disc - i did own, now i do not own, but probably soon will
     
  20. skc

    skc Well-Known Member

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    Well apparently the impact could very well be 50%...

    http://www.smh.com.au/business/mcmillan-shakespeare-frays-at-the-fringes-20100125-mulj.html
     
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