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MGAM Morgan Advanced Materials Plc

314.50
-0.50 (-0.16%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Morgan Advanced Materials Plc LSE:MGAM London Ordinary Share GB0006027295 ORD 25P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.50 -0.16% 314.50 513,663 16:35:01
Bid Price Offer Price High Price Low Price Open Price
316.00 317.00 318.50 314.50 314.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Carbon And Graphite Products 1.12B 47.3M 0.1663 19.00 899.02M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:10 O 419 319.00 GBX

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Date Time Title Posts
03/5/202421:43Morgan Advanced109
25/6/201413:48Darren Sinden discusses Morgan Advanced (MGAM) on TipTv-

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Posted at 05/5/2024 09:20 by Morgan Advanced Materials Daily Update
Morgan Advanced Materials Plc is listed in the Carbon And Graphite Products sector of the London Stock Exchange with ticker MGAM. The last closing price for Morgan Advanced Materials was 315p.
Morgan Advanced Materials currently has 284,500,000 shares in issue. The market capitalisation of Morgan Advanced Materials is £899,020,000.
Morgan Advanced Materials has a price to earnings ratio (PE ratio) of 19.00.
This morning MGAM shares opened at 314.50p
Posted at 03/5/2024 17:52 by simon gordon
30% has been added to the share price since 1988. Maybe they are about to come good after a multi-decade wait.

If they are forecast to do c.50p eps in 2025 and are planning to do bolt-ons and scale up materials for semis and evs to hit the bottom line in 2027, then it looks like there is an opportunity to break past the all-time high in 1997 (538p).


free stock charts from uk.advfn.com
Posted at 03/5/2024 11:51 by simon gordon
Citywire - 25/4/24:

Peel Hunt: Morgan Advanced Materials skewed to the upside

The multiple that Morgan Advanced Materials (MGAM) trades on has ‘plenty of catching up’ to do, says Peel Hunt.

Analyst Harry Philips reiterated his ‘buy’ recommendation and target price of 425p on the Citywire Elite Companies plus-rated maker of specialist ceramic products, which rose 3.4% to 309p on Wednesday.

A short update from the group confirmed ‘accelerating organic revenue growth’ and attractive margin targets in the range of 12.5% to 15% for the year, with ‘a clear path to the top end, underpinned by growth and business simplification,̵7; said Philips.

‘We are expecting to hear further detail on the additional £100m in semiconductor capacity and the profile of how the targeted £80m of sales and £25m of [pre-tax profits] drop through by 2027,’ he said.

Philips said that a 2025 pre-tax earnings multiple of ‘just 5.8 times suggests to us that the risk/reward balance is hugely skewed to the reward’.
Posted at 11/3/2024 10:41 by rogerrail
Surprised we have yet too see an end of year trading update. Also given the spate of opportunistic takeovers of cheap UK stocks, in particular from US, I would expect MGAM to be on the vulnerable list.
Posted at 29/1/2024 08:31 by rogerrail
According to shares magazine, MGAM is in the top ten popular FTSE 350 stocks with analysts going into 2024 I recall it has a buy rating from 10 analysts and no sells which puts it joint top with 3 or 4 other stocks.
Posted at 14/7/2023 10:56 by philanderer
Barclays starts Morgan Advanced Materials with 'overweight' - price target 365 pence
Posted at 05/3/2023 18:45 by stevenlondon3
The impact is now evident on the 2023 year earning forecast ...it was 31.5 now 28.5. Investors appear to believe that it is a quality company that can manage the cyber difficulty. Soon 2022 results will be reported and the market will start forecasting results for 2024. Without the cyber attack I suspect the share price would have been north of 330p. You pays your money...
Posted at 07/2/2023 09:21 by lennonsalive
Until they the issue under control it's not one for me I'm afraid. I had concerns at the time, but the market was quite kind to MGAM
Posted at 07/2/2023 08:09 by doobz
pleasantly surprised I could get out at the price I did, was expecting a gap down around 15% given the market these days. hope you managed to escape fairly unscathed as well all
Posted at 04/11/2022 08:33 by sphere25
Surely you come in and buy to hold here at some point. However, there is an interesting mix here. On one hand you have the resilience right now and a slight forecast beat, but on the other you have seen a moderation in growth in the third quarter.

So the market will be trying to work out to what extent that growth continues to slow (and how bad it might get) against how far down the valuation has already come. They're not falling over themselves to buy, as per most companies. Many of the one's reporting of late (including a fair few yesterday) all fell on their updates so I guess that is a positive.

There is always room for vicious bear market bounces along the way but it's all precariously balanced now. Bailey came out and said the recession might last two years if rates go as high as the market is suggesting so it is all up in the air. No idea what these central planker clowns are doing, they're all over the shop.

So for now, happy to trade something like this (not long right now) with a view to buying to hold, but making that call on timing the buy to hold with these central plankers, is a rather intricate aspect of the market.

Overall, very good so far from MGAM, but the test is just beginning so curious to see how the resiliency does hold. If it does, the market must eventually reward the resilient companies.

All imo
DYOR
Posted at 06/7/2022 17:55 by tole
https://www.fool.co.uk/2022/07/06/2-ftse-250-stocks-to-buy-and-hold-for-5-years/Morgan Advanced MaterialsAt 252p, Morgan Advanced Materials (LSE:MGAM) is trading at a 52-week low. The Windsor-based company manufactures specialist products, using carbon, advanced ceramics and composites.Oct '21Jan '22Apr '22Jul '22Jul '22300350400Zoom ?Jul 6, 2021?Jul 5, 2022Highcharts.comHowever, the falling share price belies positive signs from the firm.In Q1, revenue increased 10.9% on an organic constant currency basis, compared to the same period last year. In May, Morgan Advanced Materials reaffirmed its guidance for full-year organic revenue growth of 4% to 7% in 2022. "We will see higher inflation in 2022 and expect higher pricing and continuous improvement to offset this," it said. The group suggested its margins will actually expand further during the year.I think long-term prospects are good too. The renewables sector is a key market for the company, with its products used in both wind turbines and solar panels. This is a multi-trillion dollar market that will continue to grow in line with net-zero agendas.The company currently has a price-to-earnings (P/E) ratio of 11, and the forward P/E is even more attractive at 9.8. It's also got a dividend yield of 3.6%.But I'd buy this stock for the long-term growth potential, particularly as global infrastructure spending picks up in the coming years.One concern is the effect of inflation on costs, but the company appears confident that increasing its prices won't impact demand.
Morgan Advanced Materials share price data is direct from the London Stock Exchange

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