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Mountfield Group – interims, after previously revenue, cash up & shares substantially down...

By Steve Moore | Friday 9 October 2020


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Writing last month on commercial flooring and specialist construction group Mountfield (MOGP), with the shares at 0.60p I concluded, with it stating “the increasing extent to which companies will rely upon home-based workers has and will continue to reduce demand for city centre located office space and in turn, for the flooring of large new or refurbished office premises within the City or in neighbouring areas”, I’ll continue to monitor this but, certainly currently, still avoid. Now half-year results… and the shares at 0.40p…

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