Macfarlane Share Discussion Threads

[cs44] 13/12/2010 11:59

Many thanks Aleman. I see that only 50k have been traded, however I cannot find the price!
Edit: I've found the data!

[aleman] 13/12/2010 11:47

Type PLUS:MACF.GB into the ADVFN trades page.

[cs44] 13/12/2010 11:37

Much more liquidity today, one can both buy and sell in volume. Don't ask me why the change has taken place!!
Does anyone know how to accesss the share volumes on Plus? They have revamped their website and I cannot find the relevant detail.

[le frog] 10/12/2010 16:32

Hi hvs
I like the French way of life - laid back. Family and friends are important. Visit 4/5 times a year - or more and hope to retire there.
Think you're right about going higher - and i missed out. C'est la vie (encore!)

[hvs] 10/12/2010 11:15

Hi froggy,

Must be a nice life in France good for you.

Looks like someone is mopping up. This can only go higher now.

[cs44] 09/12/2010 09:29

Stock is still being sought, but without much success. I think they will have to raise the bid. There are a lot of punters and institutions well "under water" on MACF and any prospective new investor needs to dig a little deeper!!!

[aleman] 08/12/2010 17:42

cs44 - 8 Dec'10 - 14:43 - 595 of 597

The pension deficit also puts a brake on any dividend increases...

The dividend is still forecast to increase next year and the deficit shrank at the interims after measures were taken to eliminate it over 7 years. The recent surge in UK gilts yields and advances in stockmarkets bodes well for future pensions deficits calculations.


From the finals:

Like many companies, Macfarlane Group has a significant pension deficit, largely
as a consequence of lower stock values and bond yields and longer life
expectancy. At 31 December 2009 the gross pension deficit was GBP20.4 million
(2008: GBP17.5 million). We have initiated a series of actions addressing
future benefits, transfer enhancements and investment options, all of which will
reduce the scheme deficit. It is the Board's intention that the balance of the
deficit should be eliminated by a combination of these actions and affordable
cash contributions over a seven-year period.

Relative to dividend, the Board recognises the importance to shareholders of a
regular and reliable dividend stream. In addition to the dividend of 0.5p per
share paid in October 2009, it is the intention of the Board to pay a dividend
of 1.0p per share payable in June 2010, subject to shareholder approval at the
Annual General Meeting in May 2010. Given that profits grow as expected, it is
our intention to rebuild reserves and cash cover as well as build dividend
payments.

[hvs] 08/12/2010 17:00

le frog,

No aplogies needed. With a name like yours I thought we shaould all have a laugh.

lol !!!!!

[le frog] 08/12/2010 16:55

CS44
There are more increases in the pipeline I know but some prices are starting to ease. The only consolation is that the competition are faced with the same increases and don't necessarily have the buying power of Macfarlanes. I think the overall outlook is quite good (steady!). Action has been taken on the pension scheme - changes made - which should help the situation - slowly!
Don't have any shares in them at the moment just watching. Think I missed the boat a bit in the last few weeks but will be back in a some stage.
Good luck

[cs44] 08/12/2010 14:43

le frog

Well done!! Not many punters have made a profit on MACF for the past few years.
Management have stabilised the position and returned the business to profitability, although not without a few mistaken decisions.
The present difficulty is to try to recover margins from the price increases made by suppliers. The pension deficit also puts a brake on any dividend increases - without that albatross the share price would be double today's value.

[le frog] 08/12/2010 14:31

Sorry HVS - thought it was a rivet, rivet ing note! Showing my age re the price! It was probably 15 years ago I guess (and they were a free allocation)

[hvs] 08/12/2010 14:22

Oi Hop it.

[le frog] 08/12/2010 14:12

Thanks CS44. That makes sense. Been in and out of these a few times and always managed to make something on them. Mind you, I remember the days when they were over £2 share. Now if that happened again !!!!!!!!!!!!!!!!!!!!!
Think they are a good steady outfit and the figures look good in difficult times. Sure there are further challenges ahead

[hvs] 08/12/2010 13:53

Have a nice one Sir.

[l376233] 08/12/2010 13:28

THANKS hvs for those Christmas tidings,look forward too 2011

[hvs] 08/12/2010 12:28

We are finally going to see the return on our patience.

Nice divi and growing business.

Low debt and pension deficit being addressed.

No problems , see this well above 30p.

[cs44] 08/12/2010 12:00

le frog

Someone wants stock - today you can sell as much as you like, but you cannot buy in the same quantities, a similar scenario to yesterday.

[l376233] 08/12/2010 10:04

I dont think I will every understand how these buying and selling works

[le frog] 08/12/2010 09:19

Not sure why the share price went up as it did. Buys yesterday were approx 3000, sells 212,000 and share price up ¾p . Not knocking it just wondered why

[l376233] 07/12/2010 17:28

Yes, share price looks positive? needs to be up at 34p for me to be back in profit

[hvs] 07/12/2010 16:39

Its looking good here.

[aleman] 01/12/2010 10:38

UK manufacturing PMI strongest for 16 years. Strongest employment intentions since survey began.



Very strong manufacturing PMI in France and Germany. Weak Spain and Ireland but new orders strengtherning

[hvs] 19/11/2010 12:40

Looks like things perking up a bit here.

[josephrobert] 09/11/2010 18:42

Thanks for the co's website traffic Aleman