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MGCR Morgan CR.

282.40
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Morgan CR. MGCR London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 282.40 01:00:00
Open Price Low Price High Price Close Price Previous Close
282.40
more quote information »

Morgan Crucible MGCR Dividends History

No dividends issued between 25 Apr 2014 and 25 Apr 2024

Top Dividend Posts

Top Posts
Posted at 23/10/2012 08:13 by libertine
Morgan Crucible may be a take-over target, analysts say
Tue 23 Oct 2012

MGCR - Morgan Crucible Co

LONDON (SHARECAST) - Morgan Crucible, the British maker of ceramics used in wind-turbine blades, has become a potential take-over target, analysts believe.

That after its share price tumbled by 33% -albeit from 14 year highs- in 2012, on the back of a slowdown in revenue growth and a worsening profit outlook, Bloomberg says.

Thus, shares of the Windsor, England-based company are now trading at their lowest valuation relative to earnings since 2009. Even based on analysts' reduced estimates for next year Morgan Crucible is still cheaper than 81% of similar-sized specialty-chemicals producers for the materials industry, according to data compiled by Bloomberg.

In fact, just this month US conglomerate 3M launched a take-over of Morgan Crucible's peers, Ceradyne, and a company such as the former US outfit could now be interested in having a go at Morgan Crucible so as to capitalize on its relatively low valuation, Panmure Gordon believes.

While sales and orders may remain depressed in the months ahead, Peel Hunt analyst Dominic Convey says an acquirer still may find value in the business, given the firm's "very strong market positions in niche segments." From that perspective, "then it is an attractive target," he added.

Nevertheless, not all analysts are of the same view, as is the case with those from Royal Bank of Canada (RBC).

Lastly, another option mooted by some is a merger with rival Cookson.
Posted at 02/5/2012 08:15 by libertine
02 May Morgan Crucible... MGCR Barclays Capital Overweight 0.00 245.00 360.00 Upgrades
Posted at 08/12/2011 09:00 by libertine
08 Dec Morgan Crucible... MGCR Credit Suisse Neutral 270.80 280.00 305.00 Upgrades
Posted at 25/8/2011 14:53 by gelp
I was holding to 3.50.
Back in again at 2.45.
Dividend 8+pence
Cheaper than chips.
Posted at 08/8/2011 12:42 by pierre oreilly
I've just bought back the shares I sold very fortunately (and luckily) a couple weeks ago. Sold them for 353p, bought back just now at 264. Not sure I've done the right thing the way the markets are, but i expect when (or if!) the markets settle down this will do well. Effectively, I've just increased my divi expectations by 25%.
Posted at 28/7/2011 08:23 by libertine
28 Jul Morgan Crucible... MGCR Citigroup Buy 0.00 410.00 410.00 Retains
28 Jul Morgan Crucible... MGCR Goldman Sachs Neutral 0.00 435.00 450.00 Reiterates
Posted at 27/7/2011 09:49 by libertine
27 Jul Morgan Crucible... MGCR Panmure Gordon Buy 339.95 465.00 495.00 Retains
27 Jul Morgan Crucible... MGCR Evolution Securities Buy 339.95 400.00 400.00 Reiterates
Posted at 13/7/2011 12:56 by pierre oreilly
goldfeverrush

To answer your question, companies making £580m profit are valued at much more than £900m.

But mgcr have a turnover of that much, not a profit of that much.

Turnover/profit all the same thing to some!

They were a little guarded on the second half performance, but ther first half looks excellent.
Posted at 14/1/2011 11:08 by fireman bob
Looks like a good aquisition (profit making business in an emerging market) and they expect it to pay for itself in the next year or so, would explain the use of a scrip dividend last month, through the 3 yr high at 250 and moving up nicely, looking forward to results on 16/2, stunned by the silence though
Posted at 06/4/2010 16:11 by mikepompeyfan
New price target of £2.50 up from £2.35 from Panmure Gordon today. Think l'll hold.

Morgan Crucible MGCR 06-Apr Panmure Gordon Buy 217.70p 235.00p 250.00p Reiteration

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