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MPE M.p. Evans Group Plc

964.00
8.00 (0.84%)
13 Dec 2024 - Closed
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 Shares Traded Last Trade
  8.00 0.84% 964.00 16,741 16:35:06
Bid Price Offer Price High Price Low Price Open Price
950.00 962.00 966.00 950.00 966.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
General Farms,primarily Crop USD 307.37M USD 52.49M USD 0.9940 9.64 504.83M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:06 UT 752 964.00 GBX

M.p. Evans (MPE) Latest News

M.p. Evans (MPE) Discussions and Chat

M.p. Evans Forums and Chat

Date Time Title Posts
12/12/202415:36M. P. Evans - Palm Oil Plantations465
21/1/201018:01PALM OIL will replace trans fats63
22/5/200821:12M P Evans - Charts and Discussion113

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M.p. Evans (MPE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-12-13 16:35:06964.007527,249.28UT
2024-12-13 16:25:03958.0015143.70AT
2024-12-13 16:25:03954.0075715.50AT
2024-12-13 16:19:17957.922502,394.80O
2024-12-13 16:11:23950.00876.00AT

M.p. Evans (MPE) Top Chat Posts

Top Posts
Posted at 14/12/2024 08:20 by M.p. Evans Daily Update
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 956p.
M.p. Evans currently has 52,806,292 shares in issue. The market capitalisation of M.p. Evans is £505,884,277.
M.p. Evans has a price to earnings ratio (PE ratio) of 9.64.
This morning MPE shares opened at 966p
Posted at 15/11/2024 08:09 by our haven
As predicted, with the price of palm oil holding its highs, the share price has benefited as per the RNS.
Posted at 25/10/2024 15:51 by our haven
Over 25 percent increase this year in palm oil so far, bodes well for the share price.
Posted at 09/10/2024 07:07 by ntv
I am surprised this has fallen back nearly 70p from the top considering the benefits from the recent tax cuts and the current price of CPO which will feed straight through to the bottom line
The sign of things to come must be from the increase in the interim dividend and it's track record
XD tomorrow
Posted at 16/9/2024 08:30 by our haven
Pretty confident outlook for the second half of the year is going to help as well.Share price is rising nicely to reflect this
Posted at 16/9/2024 07:17 by gripfit
Nice.. hope it follows through into price per share
Posted at 31/7/2024 20:24 by giltedge1
Current palm oil CPO price over $800 growth in volume, as per trading update & now price a good place to be. With the long term trend in increasing palm oil demand looks a buy.
Posted at 09/4/2024 12:27 by forensic
Very nice increase in share price recently
Posted at 19/3/2024 07:53 by nobull
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.
Posted at 19/1/2024 15:18 by nobull
"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.
Posted at 23/6/2023 12:06 by nobull
The risk free rate of interest, a component for discounting the future profit stream, has risen recently (the yield on 5 year gilts?); the palm oil price curve is broadly flat, giving a not so great palm oil price outlook (a price outlook, a few hundred dollars above their production cost?); and the average age of the oil palms is increasing while only small scale extension planting is to be carried out.

I think the dividend cover will drop quite a bit if the dividend is maintained, which I expect it to be, (lower capex going forward will still mean a healthy cash flow coming in, I wonder?), so maybe this is good buying opportunity to bet on a better price outlook occurring to that implied by the palm oil price curve and to the published intentions on extension planting, but WDIK? Nothing. This might just be a great entry price to get in - I can't see anything to be alarmed about by the falling share price - it's a well-run company and it is making good capital allocation decisions (the buy-backs below DCF value, athough that itself is falling due to the strengthening of the £ against the $).

It is a relatively low risk company (that is, if you are already comfortable with investing in SE Asia) for its Stockopedia risk rating dropped recently one notch from "adventurous" to "balanced" so you don't expect to make a fortune overnight on such a stock, but get the entry price right and you should make a reasonable return for the risk taken, I wonder, over the long term? (Think: compounding your money at 12% with a fair amount of share price volatility in some years?) The company has net cash, which it spends wisely. AEP has too much and doesn't spend it (it has 5 timesed the div and claims to want to do share buybacks, but its cash pile is still obscene). REA has net debt and a higher cost of production, so is more risky. Getting rich slowly with MPE (if you get the entry price right) bores some people to death, so it won't be everybody's cup of tea. JMV.
M.p. Evans share price data is direct from the London Stock Exchange

M.p. Evans Frequently Asked Questions (FAQ)

What is the current M.p. Evans share price?
The current share price of M.p. Evans is 964p.
How many M.p. Evans shares are in issue?
M.p. Evans has 52,806,292 shares in issue.
What is the market cap of M.p. Evans?
The market capitalisation of M.p. Evans is GBP 504.83 M.
What is the 1 year trading range for M.p. Evans share price?
M.p. Evans has traded in the range of 710.00p to 1,005.00p during the past year.
What is the PE ratio of M.p. Evans?
The price to earnings ratio of M.p. Evans is 9.64.
What is the cash to sales ratio of M.p. Evans?
The cash to sales ratio of M.p. Evans is 1.65.
What is the reporting currency for M.p. Evans?
M.p. Evans reports financial results in USD.
What is the latest annual turnover for M.p. Evans?
The latest annual turnover of M.p. Evans is USD 307.37M.
What is the latest annual profit for M.p. Evans?
The latest annual profit of M.p. Evans is USD 52.49M.
What is the registered address of M.p. Evans?
The registered address for M.p. Evans is 3 CLANRICARDE GARDENS, TUNBRIDGE WELLS, KENT, TN1 1HQ.
What is the M.p. Evans website address?
The website address for M.p. Evans is www.mpevans.co.uk.
Which industry sector does M.p. Evans operate in?
M.p. Evans operates in the AGRICULTURE PRODUCTION-CROPS sector.

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