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MPE M.p. Evans Group Plc

864.00
2.00 (0.23%)
Last Updated: 09:31:38
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
M.p. Evans Group Plc LSE:MPE London Ordinary Share GB0007538100 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.00 0.23% 864.00 858.00 868.00 868.00 864.00 868.00 1,151 09:31:38
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
General Farms,primarily Crop 307.37M 52.49M 0.9758 8.90 466.88M
M.p. Evans Group Plc is listed in the General Farms,primarily Crop sector of the London Stock Exchange with ticker MPE. The last closing price for M.p. Evans was 862p. Over the last year, M.p. Evans shares have traded in a share price range of 652.00p to 884.00p.

M.p. Evans currently has 53,788,096 shares in issue. The market capitalisation of M.p. Evans is £466.88 million. M.p. Evans has a price to earnings ratio (PE ratio) of 8.90.

M.p. Evans Share Discussion Threads

Showing 601 to 619 of 625 messages
Chat Pages: 25  24  23  22  21  20  19  18  17  16  15  14  Older
DateSubjectAuthorDiscuss
25/4/2024
08:47
Xd 32.5p today.
wad collector
09/4/2024
13:27
Very nice increase in share price recently
forensic
19/3/2024
08:40
Some dry weather might affect production later in 2024 but that often leads to increases in CPO price anyway so may help offset some drop in production
New production will be coming through
Meanwhile yield is 6%

ntv
19/3/2024
08:22
"This price stability has continued into the early part of 2024, with some price strengthening as the period continued. In early March, the Group has achieved some tender prices of a little over US$800 per tonne."

That's very good then. Sorry, I was wrong.

nobull
19/3/2024
08:03
As reported above, CPO prices were relatively stable during 2023, with the Group achieving an average mill-gate price of US$729 per tonne. This price stability has continued into the early part of 2024, with some price strengthening as the period continued. In early March, the Group has achieved some tender prices of a little over US$800 per tonne.
ntv
19/3/2024
07:58
Not according their statement
ntv
19/3/2024
07:53
EPS came in slightly below analysts' consensus forecast but I expected the dividend to be unchanged so am over the moon. Am not expecting the share price to do a lot but nonetheless am very happy. Am a bit sceptical about rise in CIF palm oil price - the Rotterdam price may be higher due to non-use of Suez canal, i.e. a lot of the price rise is going to ship owners, I wonder?


P.S. I do not agree with MarketScreener's snowflake diagram for this stock. They presumably give it zero business predictability for the lack of pricing power (the seemingly unpredictable fiscal regime and being a price-taker?) but that ignores the fact that palm oil is not really a discretionary product. The consensus forecast eps data clearly has not reached MarketScreener so must be an error. The financials are better than MarketScreener thinks although they forecast net debt to rise to $51.3m by end 2025. A net debt to EBITDA ratio of 0.45 by end of 2025 is not excessive.

nobull
19/3/2024
07:48
Also note recent prices for CPO are over $800. That is a 10% increase almost straight through to the bottom line along with Production increases
ntv
19/3/2024
07:21
Looks good to me.
Volumes up 16% ytd and price up 10% from last years average- recent move to $1050 could make this meaningfully higher.
32.5p dividend.

chillpill
18/3/2024
07:47
Agree. Market oblivious to the move to $1050 from $875 in October.
chillpill
14/3/2024
09:15
Strong recent CPO price has had zero effect on the share price or at AEP
Seems a bit strange to me
I think the results are due next week .
Maybe it is because the 2H results won't be that great
Maybe it is time to look ahead
5% yield while you wait

ntv
01/2/2024
14:35
Golden cross forming shame about the terrible spread
linton5
19/1/2024
15:18
"Terribly boring share …6% yield ,,"

Non-boring shares tend to have speculative or highly speculative risk ratings, and you can make or lose a lot on them - the problem is not knowing which in advance.

MPE has a "balanced" risk rating, down from "adventurous" (after the debt was repaid), so huge share price swings less likely, I wonder?

The problem of the 0% CAGR over a three-year period (mentioned above by wad collector) probably isn't really representative of the shareholder value being created, more a problem of getting the entry price right over the palm oil price cycle (not easy with unpredictable tax changes)?

Business model is sound. Capital structure ditto (MPE uses debt at the right price for the right things e.g. mills that will be fully employed for the life of the loan). JMV.

nobull
19/1/2024
10:21
Wish the share price would lol
gripfit
19/1/2024
10:16
but increasing each year ...
nocton
19/1/2024
10:07
Terribly boring share …6% yield ,,
gripfit
19/1/2024
09:30
update seems good to me
who knows in this market

ntv
15/1/2024
12:11
2023 Forecast dividend yield is 5.8% at 42.5p on £7.36p.
Earnings yield 10.71% (FY2023 FactSet forecast of 78.81p).
A well-run company that makes sound surplus capital allocation decisions. What's not to like?

nobull
11/1/2024
21:36
Out at 729p , similar to buy in price 3 yrs ago. Getting older, looking for less risky holdings. Good luck holders.
wad collector
Chat Pages: 25  24  23  22  21  20  19  18  17  16  15  14  Older

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