||EPS - Basic
||Market Cap (m)
|Construction & Materials
MJ Gleeson Share Discussion Threads
Showing 451 to 472 of 475 messages
|They are all reading this:
|why has everybody gone here!|
|where's everybody- up 7pc today on no news?|
|Looks good. I bought today.|
|I think that there is still a general fear for collapse in house prices following the referendum. Based on fear for the economy generally and knock on effects such as for example mortgage funds drying up.
I believe those fears are unfounded (although I confess that I consider Brexit is a foolish and unnecessarily risky adventure which was politically motivated).
So I think the drop in the share price reflects bearish worries about the sector rather than any GLE fundamentals.
Just my personal views of course!
|cant understand why it is down so heavily after the good update yesterday?|
|Appreciate the thinly disguised swipe at "the market and the media" in the trading statement today ;-)|
|I can't really see a collapse in the housing market just yet an MJG in particular is well placed to continue to do well. I would be very surprised if this year's results (year end this month) aren't very good. I reckon the CEO and other directors are seeing this as a quite understandable buying opportunity. I am sticking with this share for now and may well top up.
I would be surprised not to see a recovery in other house builder shares soon.
|CEO buying ca. £90k's worth of shares, a not insignificant amount. Seen a few director dealings (all buys) in housebuilders friday and monday.|
|One to watch, likely uplift and re-rating here IMHO.....
Plenty of land, low cost build model with room for expansion.
What's not to like?|
|This is pretty typical of this share in the closing months of their financial year (end June). I've seen it in previous years although I don't understand it. I'm expecting the company to have another good year (just my view but dyor).
If it follows the usual pattern and if the results are good, the CX will get out on the road and generate interest among institutional investors to push the price up so as he gets his bonus shares. That said, he will want to pull out his substantial investment sometime, and retire. Great opportunity for his successor.
I continue to hold some of these shares and intend to stay in for now.
|where's everybody-this has been falling for a while without news even when thw otyher housebuilders are up- anyone can throw some light on this?|
|This is probably the best house builder of all. In the north of the country it buys land and builds affordable housing - around £125k each and takes advantage of the 'Help to Buy' scheme. In the south it looks for land to acquire planning permission for. It then sells to builders.
DYOR into this company. IMHO this is an easy ride north - the company is doing everything right.
Look at the fundamentals - EBITDA rises from £24m to £34m between 2015 and 2018.... Turnover £80m to 160m during the same period.
Personally, I look for companies that are doing everything right, buy, and then enjoy the long road north. This will be a key future component.|
|Perhaps that is what it needs to move the price forward again. Still, shouldn't complain as it has done well over the last couple of years!
|Tipped in today's 'Mail on Sunday'|
|But it would be nice to see the share value reflect that fact DJ. This is a great performing share since recovery from 2008 etc and it is in a sector which still has great potential for sustained growth - the housing shortage won't be eradicated any time soon.|
|Agreed. But this share often has limited supply and there will undoubtedly be some more profit taking. Wouldn't be too surprised to see even director Chris Mills selling some again.
But medium term, still a great buy!
|Pathetic reaction up to now|
|...RNS ....very impressive set of half yearly results for revenue, profit, dividend and cash.
MJ GLEESON PLC
Interim results for the half-year ended 31 December 2015
Gleeson (GLE.L), the urban regeneration and strategic land specialist, announces another strong performance for the six months to 31 December 2015, with a 52.1% increase in revenue, 182.5% increase in operating profit and 66.7% increase in interim dividend.|
|...RNS ....very impressive set of half yearly results for revenue, profit and cash.|