Marshalls Share Discussion Threads

[blondeamon] 16/5/2016 11:29

Update on Wednesday, 6.5p dividend on June 3.

Brexit obviously a factor here as the whole country waits to see what will happen but Marshalls is the best one to hold while you do that. Those dividends will keep me happy to wait and load up with more.

I don't believe Brexit will happen and MSLH IMO is about to report a great Q1, if they have raised 6% sales against that increbidle 2015 figures that means profits are up by at least 30%. That's above broker forects I believe.

Happy holder here.

[blondeamon] 21/4/2016 08:16

Not reading too much into it, greedy union bosses. Just a threat at this point but I'm sure it will be solved soon, no one wants the blame on these. And with a 2.5%raise already the Unity doesn't have much to argue for.

[priteshpatel9] 21/4/2016 07:56

Worth a read:

[blondeamon] 12/4/2016 14:00

Perfect top up point.

[blondeamon] 02/4/2016 17:28

With a 6% rise in sales on Q1 as they said they can easily do a 25-30% profit rise. Operational gearing is a beast that Marshalls knows well how to tame. It works quite well in their case.

We should see 4£ soon, market will wake up to this.

[lauders] 31/3/2016 01:39

Buying around the 260p area earlier this year seems to have been a good investment for those who joined or topped-up it would seem. Long may it continue!

[lauders] 27/3/2016 02:44

Nice annual report to look through now:

Also 2015 results presentation:

[blondeamon] 19/3/2016 16:12

Surprising this flies so low on everybody's radar, no one hardly posts here. This is one of the most promising stocks in the FTSE 250 with huge benefits for shareholders (dividends, growth, rising EPS).

I believe 4£ is fair value for 2016 but if growth keeps going in 2017 it can really go beyond that as it's going to be flush with cash, big revenue base.

Obviously Operational Gearing is always a dangerous beast to tame but few manage it as well as MSLH.

[lauders] 17/3/2016 01:45

I am not complaining about the dividend that is for sure blondeamon ;-) Think MSLH is a good long term hold as their technology related products come more into focus and their core products keep the momentum going. If they get into the habit of providing more special dividends in future that will also help :-)

[blondeamon] 16/3/2016 20:35

Good volume lately, hopefully back to previous high soon.

6.5p divi on June 3, bet lots of people eye that.

[blondeamon] 11/3/2016 10:35

Seller clearing soon, not much resistance back to 370p

[alphabeta4] 11/3/2016 09:14

I'd checked MorningStar which had £389m. Sold my trading ones on the £3.23 gap fill, kept the rest as still a good co at these prices IMO.

[sphere25] 11/3/2016 08:40

A company can upgrade its numbers to be ahead of expectations on profit. It doesn't mean it is ahead on revenue.

Stockopedia is showing a revenue forecast of £390m. I've had a look at Edison too which forecast £398m so a miss on both.

[blondeamon] 11/3/2016 08:27

How can it be a miss on revenue when it's 'ahead of expectations'? Did you even read the previous RNS and market forecasts?

They even developed a new solution for floods which they plan to make good $$ out of and looking into acquisitions. With such a strong start to the year with 6% up against a very strong 2015, I think the risk is minimal here and the upside potential huge towards fair value of 4£

[alphabeta4] 11/3/2016 07:56

Agreed Sphere - I would probably add these specials could become a feature as the capex program of £15m total over the 3 years isn't particularly demanding on free cash.
It'll be interesting how the market reacts to the 6% revenue growth - I think a few have been expecting this to drop significantly but has held up well.

[rubberbullets] 11/3/2016 07:54

this line is a worry


The Group's performance is dependent on economic and market conditions, the outlook for which is difficult to predict.


The Group's performance is dependent on economic and market conditions, the outlook for which is difficult to predict.

[sphere25] 11/3/2016 07:45

Looks like a miss on revenue, profit in line and dividend ahead. Considering the cash generation, the debt is clearly no issue and they appear to be hunting for acquisitions now. The outlook is fine also.

17.5p forecast for the new financial year so currently sat at a pe of 17x. Doesn't look particularly cheap with the revenue growth being hardly exciting, but the operational gearing on profits (and scope for upgrades) is what the market will look at.

At worst this is a hold.

All imo.

[blondeamon] 10/3/2016 19:43

Good luck to all holders tomorrow, going to be an interesting read.

[blondeamon] 10/3/2016 12:40

Looking forward to progress update. Markets probably worry about Brexit too much and with MSLH deep in government contracts it could be impacted.

On the other hand, Brexit is a no-show right now so if it doesn't go through then this will have no reason to be held back.

Floods might have given it a nice boost on last month of calendar year, we'll know soon enough.

Outlook for this year is where I will be looking closely.

[sphere25] 10/3/2016 11:55

There's some chunky volume going through ahead of results tomorrow (see

Something leaked? I'll take a £4 bid with the results :-D

[alphabeta4] 10/3/2016 09:57

Looking pretty good, the Old Mutual announcement of going above 5% should add further confidence of the break of the down trend. A decent update could lead to quite a rise. All IMO of course.


free stock charts from uk.advfn.com

[blondeamon] 03/3/2016 18:05

Bought some more today, increased my holding significantly. Results next week, I am not expecting miracles, just a continuation of the December update with a good Outlook for 2016.

A dividend raise would be more than welcome too.

[alphabeta4] 03/3/2016 15:39

Same here - potential break of downtrend on the cards if results remain positive:


free stock charts from uk.advfn.com

[blondeamon] 01/3/2016 20:52

Small top up here today, very promising results soon IMO. I think it's this Friday.

[blondeamon] 24/2/2016 10:52

JPM from 5% to below 3%, perhaps explains the recent drop and can continue upwards when cleared.