Mc Millan Shakespeare.. (MMS)

[davidrob]

Mc Millan Shakespeare (MMS)

Bit of a sleeper at present...

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

Vaguest of rummours they could be a target for Talent 2 to swallow, as they are into Salary Packaging, and the largely Insto Share Holder base is getting a little restless with relative lack of liquidity ?????

Personally, I rate MMS very highly....

Kindest Regards,

Robbo :)

[davidrob]

Mc Millan Shakespeare (MMS)

Hi guys,

Thought I better start to fill in the gaps and start to explain why I like some of these securities:

Firstly will start with what Mc Millan Shakespeare (MMS) seems to be all about :


McMillan Shakespeare Limited (MMS) listed on the ASX in March 2004. The company was established to aquire MSA, a business solutions provider in the salary packaging administartion industry. MSA also offers vehicle fleet management and consulting services

Salary Packaging Administration:

Provision of salary packaging administration services, including remuneration policy design, salary packaging benefit administration and processing, motor vehicle lease management, taxation recording and related services

Fleet Solutions.

Provision of motor vehicle fleet management and consulting services including procurement of motor vehicles, finance and insurance and fuel card and service maintenance programs.

>> Yeah righto Robbo, .... but so I hear you all say: " C'mon Robbo, what about the numbers, just give us the current Bottom Line will ya mate....?"

You asked for it: so ... Here it is then....

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

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

Dividentd 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.

Share Price is now around $1.25

More soon....

Kindest Regards,

Robbo :)

[davidrob]

MMS Mc Millan Shakespeare

Hearing good things regarding MMS's Pipeline and corporate postive activity, and consequently am quietly and steadilly "loading up" on MMS shares as we speak ......

Kindest Regards,

Robbo :)

[davidrob]

Mc Millan Shakespeare (MMS)

Hi Guys,

Seems that MMS 'may' - be ready to be about to trend up ....

Mc Millan was up 3.1% on sig increased Volume today.....[:p]

Refer to my above posts on this Mc Millan Shakespeare (MMS) thread, if interested in MMS .

>>> Personally do rate Mc Millan Shakespeare (MMS) Very highly.:)

Kindest Regards,

Robbo :)

[absolut-advance]

wanted to buy some through asb securities but are geting this message :We are unable to accept an order for this stock, please contact us on .... whats up any ideas, to late to phone them.

[OneUp]

It means no clients of ASB have bought shares in that company before and they haven't loaded the code into their system. This has happened 3 or 4 times to me. The only solution is to phone them and ask them to load it.

[absolut-advance]

Great thanks for that oneup! :)

[absolut-advance]

Check out the depth today! Volume...??? almost no sellers... what will this mean...



anyone with a opinion on this?

[absolut-advance]

robbo where are you...

[davidrob]

Mc Millan Shakespeare (MMS)

Hi absoluteadvance,

Been flying around, at some AGMs interstate, in Melbourne.... AND doing some Site Visits and Interviews with various organizations, Co's and Directors etc .....

Re: Mc Millan Shakespeare (MMS) absoluteadvance, I will probably re-iterate my very First Opening Post on this MMS thread on 28/10/05 -- which interestingly was almost 1 month to the day ago!:This post is really still ... IMO... highly relevant.... but I also now absolutadvance -- added some other tit-bits ......

"Mc Millan Shakespeare (MMS)

MMS is a Bit of a sleeper at present...

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

- Vaguest of rummours they could be a target for Talent 2 to swallow, as they are into Salary Packaging, and the largely Insto
Share Holder base is getting a little restless with relative lack of liquidity ?????

Personally, I rate MMS very highly...."

So absoluteadvance .... what I was actually gently trying to suggest, is that folk here at Share Trader.com (ASX Division) -- might then have wanted to potentially consider; to start squirilleing away MMS share scrip. Certainly that was what...... : "yours truly's ..... course of activity and action was.... at and before that point (28/10/05) " ...... -- re MMS .....[:p]:)

My sources re some: T/Over activity for MMS .. as well as ...( more importantly IMO -- )-- ... The Fundamentals on the intrinsic Balance Sheet ..... are still favouring this outcome -- say: 7/10 -- ??

- Possible small Problemo for MMS absoluteadvance .... however with MMS -- at the moment absoluteadvance, IMO - as you can see, is Lack of Current available Liquidity .... on the Tight Share register.

- This may be partially solved in the short-medium term future--?? - from what I can mainly # ascertain.-- ?? --

Robbo's Motto: “ Buy quality when ...... everyone else is selling , and ..... hold until everyone else is buying.
This is more, than just a catchy slogan. It is the very essence of successful Investment….” :)

** One final point. IMO. there is another Listed Co. starting with the letter "G" -- that I have also begun a thread on, and which the Real Value and Growth Clues... IMO.... are stated in the Announcement I posted from that Co.

- Depth on this Stock is Good -- ( but not, IMO-- for long) -- before real bargain price remains .....

This Co. alluded to above, has real growth in share price Prospects... and might even be another Biggie Anouncement in Pipeline --?? -- in my assesement, real Legs in this co. in up to doubling its share price -- actually 135% increase is my guess, in next 4-5 months with Plenty of Safety ..... again only IMO .... ;);)
J. Paul Getty’

Disclaimer:
Views expressed above, cannot be read as warranted, either expressed or implied, for their accuracy or veracity. Comments expressed here; are on a “Without Prejudice” basis only. Views are only the author’s personal, subjective whimsical thoughts, sometimes experiences, and intuitions. Obviously, as with all opinions, they are open to discussion and refutation, as well as other interpretations and review on the share under consideration. In that light, for any investment decision, always do your own research, seek independent financial advice and independent counsel you can trust at all times. Therefore, please take these opinions and sentiments only in this context.

Kindest Regards,

Robbo :)

[davidrob]

Mc Millan (MMS)

...........after MMS has been asleep-- [|)][|)] for a few months.

MMS looks like it is a stirring up now.... :)

Bigger Volume today of approx 600, 000K and up 8.7%...

Kind Regards,

Robbo:)

[davidrob]

Mc Millan Shkespeare (MMS)

The (MMS) Shakespearean Share drama and play... is not just a comedy of errors after all, ....but is turning out to be....ornot to be....

Alls Well That Ends Well.....


....and quite a nice Midsummer Nights Crownie Dreammmmmm.....
[:I][:o)][:I]

MMS-- Moving along nicely,and I feel that this week could be the one where we see the MMS earnings Reports, so ought to be interesting.....

Kind Regards,

Robbo:)

[davidrob]

Mc millan Shakespeare (MMS)

Hi All Sharetrader theatre buffs,"culture vultures" -- and Shakespeare fans,

Mc Millan Shakespeare (MMS)...

Bubbling along nicely again today...

MMS is up 3.5% today.

Kindest Regards,

robbo:)

[davidrob]

Mc Millan shakespeare (MMS)

Another All Time high today.... for Shakespeare (MMS) :)[:p]

Real nice Shakespearean narrative on this one...

Up about 43 + % [:p]since start of the year on excellent financials and thier recent Calendar Year (DEC 2005) interim was really excellent imo.:)

Do Hope you all had some,

Regards,

robbo:)

[corky]

Well I wasn't Robbo but that has since been corrected. Some bad experiences with them in their early operations had put me off but hey, let bygones be gone by when it comes to profit eh?

A couple of large trades today (crossings?) and a nibble at $3.

Any news on that liquidity enabler?

Cheers
Corky

[davidrob]

Mc Millan Shakespeare.(MMS)

This company (MMS)--imo-- from the last period on period on period--

(ie: This recent (MMS) Interim Financial Set of Resuolts, and previous last (MMS) F/Year Result, and previous Interim Financial results before that--04/05--)

Have...... at least-- :)-- in my view, been ....., imo, one of the better (top 5% in my judgement??)--adjusted profits and Return on Capital, and increasing dividnednd apying history and Profit Margin increasing overall pictures......--- as a recent track record----(for the past 3 Reported ASX periods) of the small-mid industrial (and other sectors for that matter)--Market Caps currently on the ASX .

But as discussed Liquidity currently hinders this share (MMS) from imo realizing some of its share price potential.

-Corky I do not ahve direct "inside" on whether that is being addressed.

But I do feel that mgt wold be cognizant of this phenomeneon....

Also looking at some of the Seasoned veterans on the MMS Board, my surmise, is that when the right opportunity for a Acquision comes about, combined and/or with a Stock Split, then this will in the fullness of time.....(which I sense..... is not years .....but less than 18 months, and even less than 12 mths at a guestimate --purely my own instinct and intuition and wtching tea leaves over a long time....LOL--- ;):)

Top Class Value, imo, and from ovservations aover the years, has a terrible habit ......of eventually being seen, noticed and eventually acknowledged and realized....

Kindest Regards,

Robbo:)




quote:Originally posted by corky

Well I wasn't Robbo but that has since been corrected. Some bad experiences with them in their early operations had put me off but hey, let bygones be gone by when it comes to profit eh?

A couple of large trades today (crossings?) and a nibble at $3.

Any news on that liquidity enabler?

Cheers
Corky

[davidrob]

Mc Millan Shakespeare (MMS) :)

The Pub's Bard (MMS) is up a rather very okay 14% Today-- [:p]

Given the doldrums on the Bourse (ASX) am rather Happy with this theatrical performance!

STILL very ....very.... undervalued Still.... imo though...

Kindest Regards,

robbo:)

[corky]

Not sure what's going on in the market - someone wanted some MMS at 3.50 on the close and now there's no more for sale. And bizarrely exactly the same happened to SAI, one of my other holdings. No doubt MMS will retreat tomorrow but as with SAI there are 'not many sellers'.

Corky

[Lizard]

Pretty much same thing happened on TWO - nearly all the sellers disappeared then volume went through 20% higher on the close. Have no idea what that was about...

[corky]

That really is bizarre - are there any more examples? Mind you, Robbo has previously suggested an MMS/TWO tie-up. Now surely such an announcement would generate a bit of trading scrutiny. But there's probably some less exciting explanation.

Corky

[davidrob]

MMS Mc Millan Shakespeare.

HI Corky,

The les exciting bit is really boring...

Anyway here it is ....

Market still has overlooked the Facts that Mc Millan Shakespeare, (MMS) , has in fat got the Numbers and Performance on the board:

Namely:

MMS statistics are: 107% increase in adjusted year on year profits, the rising profit margins, to what is now > 27% (pre tax), the >70% increase on Return on Equity increase from the previous year to a ROE of 42%, the Revenue/Sales Growth of >51%, the earnings per share gwth of >208%, & the 200% increase in dividned paid to shareholders of MMS this year.....:)

Rather boring stuff.

But what was a bit more interesting, was MMS passing through the $200 million dolar market cap mark this year.... meaning Standard & Poors Fund Radars, ASX 300 in\dices contention in my view....

But to do, and be a nice Fund Share like say Boom Logistics (BOL) they (MMS) admitidedly, imo, need more liquidity....

.... hmmmm...... can you put those last set of rather easy dots together Corky ?? !!! ;);)

Regards,

Robbo:)

PS . Guestimate // think .... your comment Corky, in your, last post ....could indeed, be just.... "part"... of that......
Robbo ;)

[Bobbyvee]

hi Robbo, MMS sure do need more liquidity as you say. If it is not a dumb question - how is that achieved? Are you saying they should put some of their own shares into the market, or issue more shares?

[ASXIOU]

quote:Originally posted by Bobbyvee

hi Robbo, MMS sure do need more liquidity as you say. If it is not a dumb question - how is that achieved? Are you saying they should put some of their own shares into the market, or issue more shares?


share split

[davidrob]

quote:Originally posted by Bobbyvee

hi Robbo, MMS sure do need more liquidity as you say. If it is not a dumb question - how is that achieved? Are you saying they should put some of their own shares into the market, or issue more shares?
.---------------------------------------------------------------------------------------------------------------------------

Hi ya, Bobby that is not a dumb question.

So what: "Should they/MMS do ? .."

They should do, imo, what adds most accretive value for/to their own (MMS) shareholders .... is what, imo.

....... And what is that?

One option.... is what ASXIOU suggests, which is an obvious alternative.

However my suspciion is that they might do a special rights issue, or a parrallel and seeprately listed prefs deal like ABC Childcare (ABS) did about 2 years ago.....??

Alternatively if they do go down either:

(a) the Merger and Acquisition Path..... again like similar growth stock stories like: BOL, ABS, EMI, TRG, IWL, GBT, TWO.... etc etc.... the that could end up providing a legitimate catalyst for an significant Instituional Placement ...

If one studies the recent history of Boom Logistics(BOL) in this light, one sees that (BOL) went from 92 million shares two years ago, to 169 million shares today ........ and yet did not dilute value, as Shareholders with BOL, (see my thread on Boom Logistics (BOL) here at Sharetrader) -- have also gained an 142% increase in the value of their (BOL) shares, plus dividends (3% franked) plus special prefs on $10K worth of shares, in the past 18 mths or so....and even the past 12 months has been, for (BOL) over 110% gains .... excluding divs.

While for MMS the Capital Appreciation/Gain,for investors, has been 130% over the past 10 months, plus 2.4% dividends, as an accrued Gain, to Mc Millan Shakespeare, (MMS) Share Holder Investors ....

In summary, MMS, being a growth stock, and probably targetting the 500 million Market Cap status for the indices, and being a scaleable Business Model,now that MMS havbe presumably refined their Business and IT Model and Systems I would tend to lead to predict, an Acquisition Path, that has an Instituional Placement/Participation component to help fund the growth.....

With a view to seeing MMS get to $450 Million organically, and probably about $75M to $95M placed, at current levels putting anhther 27 million shares in the market initially, to take MMS from 66 million ordinarries to say 98 millions or so... possibly being with a view to go again in anothr year after that, pushing stock on issue out to 125-130 millions or so... and market cap at about the $700-$800 million mark (back of envelope whimsical thought lines) .....

The above approx (MMS) scenario.... predictively speaking..... would not suprise me with MMS over the next few (18 mths to # 3 years)-- panning out.... progressively...

That is one distinct possiblity at any rate.

Kind Regards,

Robbo :)

[Bobbyvee]

Thanks ASXIOU and Robbo for the clarification of options. It promises an interesting future with what would seem a low risk profile.

[ASXIOU]

For an explanantion of what went on Monday arvo read todays AFR page 18. It was a stuff up and all trades have been reversed.

[corky]

Much ado about nothing in today's trading halt? Were MMS expected to retain the Q Govt business? I was expecting the Robbo placement :-)

Corky

[davidrob]

Mc Millan Shakespeare. (MMS)

All's Well That Ends Well ...... with the Mc Millan Shakespeare (MSS) just now Released yearly financial Results. :)[:p]

NET PROFITS are officially Up -- + 117% and >> than $11, 000, 000 NPAT.

Certainly life is Good; .... "to be or not to be".... on the Stage with Shakepeare this ..... "fair gentle Spring...." ;) [:o)]

Adieu my fellow leiges,

Robbo :)

[Bobbyvee]

What a fantastic result. Let's now hope the market responds positively and a few more shares appear on the "sell" side to give the buyers a chance.

Thanks for the lead (late 2005) into Shakespeare Robbo.

BobbyVee

[davidrob]

MC Millan Shakespeare (MMS)

Hi Bobby- McVeee,

Good one heh...:)

imo, do NOT care or worry ....or even consider .... what Mr Market thinks..... or DOES; ..... over the next week or three or even nine; , coz it is Totally irrelevant.

Remember, yes Virginia......:

Price and Value WILL ... eventually get re-aquainted ..... in the fullness of time, and so do not, EVER, imo fall for the old ..... Trap for newbies, of the cynical three (3) card party trick; of selling too early ..... or being prematurely spooked by not seeing the expected rise in the MMS Share Price straight away.... or even strangely, even sometimes .... in the next few weeks......

Can happen sooner, but typically can be.... as late as..... 2-3 months, TO OCCUR; (and btw that 2-3 months will FEEL often To You'; or at least to many ..... newbies and even others; .... about ten years ;).... ------

However Quality Does Rise to the Top; and DOES re rate, .... good growth TRULY First CLASS Excelent companies such as MMS ... eventually ...


So, imo, IT WILL (the up grade in s/price) happen ... is my experience.

When though?? >> ie: What time frame .... ???

Will imo happen... inevitably; when a fund or three..... gets around to hauling their butt into gear ..... and builds a longer term Position .... as a new entrant; into their Buy and Hold of MMS position.

****** Second important point:

Brokers and other fund related//larger so called "sophisticated" Buyers .... and other such silly smarties can ..... imo ..

..... Try to; "artificially stack the Sell Side" - (see for example RCR )-- and Give you the "impression" (FALSE, BTW)-- that no one really wants the stock ....

This is a cyncial CON JOB. .... imo....


... This is .... JUST...... a fake bit of cyncial manipulated B.S. --- imo.

But, imo, does Happen, very frequently.

Example.

Dominoes Pizza(DMP) puts out great result today.

Share goes down.

Same happened to AQP and RCR .....

Why so ??

Figure that out.

See what I have just written above ....

Also added to this is the following real reasons imo .....

What happnes is that; Instos cynically ..... try to "scare off" THE poor old "mums and dads holders and buyers" .... by taking away the SOCIAL PROOF factor....

This is one of the ...... Oldest nasty cyncial tricks in the book ...... lardy dah de dah so so obvious .... & so cyncially predictable ......

So what IS THE moral of story ??? [?]


Just forget about everything; for about.... 6-8 -10 .... weeks and tune back in about then...:)

If in doubt, and if U want to; you can give me a shout here at S/T.:)

Just do not be sucked into these sorts of "manipulative" games ...;):)

Kindest Regards,

Robbo :)

[Bobbyvee]

Robbo, thanks for those words of wisdom. Makes plenty of sense, will continue to hold/accumulate MMS.
You now make me wonder if I did the right thing selling down portion of my very healthy Emitch holding at $1.06 prior to the imminent result -selling too quickly?! Had the feeling they may be rising too quickly in the short term. All will be revealed on Thursday.

All the Best

BobbyVee

[Bobbyvee]

Have you noticed the large volumes traded - 4 million Friday, 541,000 Thursday.

Any Ideas on who is buying and selling.

[davidrob]

Mc Millan Shakespeare (MMS)

And the answer to the implied/question (about the large Volume --tranche of traded MMS shares, just the other day)-- querry in your post Bobbyvee,

..... >> is that: >> Thorney Holdings << -- have taken a "substantial interest" -- in Mc Millan Shakespeare (5.78% of the MMS shares on issue)--:)

..... As disclosed in todays; Mc Millan Shakespeare (MMS) on the ASX Announcement.

And before you ask Bobbyvee,..... "who are Thoney Holdings?"

My understanding that this group(Thorney Holdings) is associated with the Billionnaire Paper and Packaging entrepreneur; from Visy Industries, Mr. Richard Pratt.

PS.

Since this MMS thread started ....( only 10 months ago approx -- but seems longer than only 10 months... ;))-- MMS has risen 119-124 % in capital gains, plus fully franked dividends paid every 6 months !

Looking again today at the MMS KPI's, & the excellent healthy profit margins with which MMS operates with; and ALSO; the (Mike POrteresque "positioning: of MMS in the growth Market; in which it operates;-- personaly Bobbyvee, do Still see much more capital gaions appreciation potential for Mc Millan Shakespeare (MMS) imo, ..... as well, over the next..... 10 months .... btw Bobbyvee ![:p]

Kindest Regards,

Robbo :)

[davidrob]

Mc Millan Shakespeare. (MMS)

You may recall I mentioned this in my first post back from...
...."While I was away........thread....."

MMS, is seemingly; Warming up again now--imo---And --imo--with good reason--

Can you work the reason out..;)?

Regards,

Robbo:)

[corky]

Robbo

You're putting me on the spot and I'm terrible under pressure.

Something to do with the equally strong TWO?
Very strong half yearly expected?
Generated a mountain load of cash?
The placement you alluded to a while ago (although that would hinder price movement n'est-ce pas?).

I'm sure you'll tell us eventually.

Cheers
Corky

I hold MMS.

[davidrob]

mms

I think you operate VERY well under pressure corky!! ;)

Regards,

Robbo:)

[mark100]

Good result from MMS. Despite the good share price run they still seem reasonable value. If you annualise today's result for the Interleasing acqusition they're trading at around 11x FY10. And it seems like there is more growth to come

[COLIN]

Good result from MMS. Despite the good share price run they still seem reasonable value. If you annualise today's result for the Interleasing acqusition they're trading at around 11x FY10. And it seems like there is more growth to come

Good continued steady upwards momentum. I agree, Mark, that MMS is a good value investment. P/E remains relatively low for a business of this nature.

[Arbitrage]

Approaching its 12 month high.