|McCarthy & Stone PLC
||EPS - Basic
||Market Cap (m)
|Household Goods & Home Construction
McCarthy & Stone PLC News
|McCarthy & Stone PLC Daily Update: McCarthy & Stone PLC is listed in the Household Goods & Home Construction sector of the London Stock Exchange with ticker MCS. The last closing price for McCarthy & Stone PLC was 164p.|
McCarthy & Stone PLC has a 4 week average price of 167.84p and a 12 week average price of 168.14p.
The 1 year high share price is 295p while the 1 year low share price is currently 135.10p.
There are currently 537,314,069 shares in issue and the average daily traded volume is 557,290 shares. The market capitalisation of McCarthy & Stone PLC is £879,045,816.88.
|crystball: This trading update is sound in historic numbers. There is a note of caution looking ahead, but clearly the business model works. In a year from now it might be difficult to beat today's announced figures. Quite where the share price should settle is anyone's guess. There has been some recovery in share price post the Brexit vote. Let's see what happens at the open. My guess is back down to 200p. It'll be interesting to hear the conference call.|
|mike24: check out mcs price highs of 2006/7 on rmv
values took a big dip up to 2015, over the last 18months prices
have recovered 30/40% depending on area,
sp looks way undervalued
this is not about other builders ( who could still take a hit on London sites)
but the chronic shortage of suitable retirement homes|
|tudes100: decent director buy
|aishah: McCarthy & Stone share price rises after retirement home builder reports 33 per cent revenue growth
Chief executive Clive Fenton:
"Our strategy is helping to deliver strong top-line growth as we continue to address increasing market demand for retirement housing driven by the UK’s rapidly ageing population. The UK’s population is maturing at a fast rate, but continues to suffer from a chronic undersupply of suitable retirement properties of the type we provide. McCarthy & Stone is uniquely placed to capitalise on this opportunity."|
|danpollard: Deutsche Bank are MCS corporate brokers so its strange they put out a broker forcast for 256p when their job is to ramp up the share price. Are they trying to bring the price down to pick up a few for cheap on Monday in order to profit from pre-results on Tuesday?
Drop could also be a tied in with the general malaise surrounding house builders at the moment. Crest Nicholson is down 8% in 2 days after for example. A few analysis have said we're at the top of the cycle, valuations are high, house price inflation is up, slow down in housing prices and demand, Brexit uncertainties etc take your pick.|
|saintloup: It's worth noting that the annual report shows that a number of board members, including the Chairman, John Sanderson, have options with an exercise price of 40p. Obviously those options were granted some time before the hoo-ha with Kingstreet Media which so damaged the share price. Still, that level of exercise price gives some indication of what senior management originally thought the intrinsic value of the business was. Which suggests that, now things are more secure, the price might have some way to go even yet.
I bought at 6p in May by the way.|
McCarthy & Stone PLC share price data is direct from the London Stock Exchange