Macfarlane Share Discussion Threads

[disc0dave45] 14/10/2022 11:51

elsa Was just about to post the same!Their Q3 EBITDA up 55% and increased costs offset by increased selling prices and volumes......and MACF just ticked down!

[elsa7878] 14/10/2022 10:06

Good trading update from Mondi today too.

[disc0dave45] 12/10/2022 21:17

Perhaps a delayed response lol

[elsa7878] 10/10/2022 20:40

I was thinking the same thing.

[disc0dave45] 10/10/2022 19:53

Read across from SMDS might see this turning....then again!

[scepticalinvestor] 16/9/2022 16:36

Amd down she blows...

[shawzie] 15/9/2022 16:27

saltraider - I really had in mind the appointment of the new Board member and the strategy of the Board (whatever that might be).

[saltraider] 15/9/2022 13:43

@shawzie ... I don't think so. Today is its ex-div date, don't you know?

[shawzie] 15/9/2022 10:25

Has Macfarlane lost the plot?

[scepticalinvestor] 07/9/2022 08:04

Seems to enjoy being down this one.

[scepticalinvestor] 05/9/2022 13:09

What down again?! ;)

[mauricemonkey] 30/8/2022 18:05

I'm wondering if this is the fall you sometimes get when someone puts a big order in behind the scenes. Either way it doesn't really matter to me - I won't go as far as to say it's a "hold forever" stock but the way management have steered the ship over the last 3 or 4 years I can't see anything but more of the same prudent management being the order of business for the next 3 or 4 at least.

[disc0dave45] 30/8/2022 17:26

Hi, Thought it was a "great quality stock" (when you held).So please expand on why it's now a "bargepole" stock?H1 numbers looked okay to me, their outlook with regards to e-commerce demand slowing isn't anything new.

[scepticalinvestor] 30/8/2022 16:54

Bargepole im afraid

[disc0dave45] 29/8/2022 20:06

Thanks for the update.Been trying to see why this has continued to fall since it uplifted guidance last Aug at H1. It has now filled the gap at 120 that last years H1 caused and since then it just looks like it's followed the general down trend of the FTSE250. But it hasn't seen any of the indices bear rally's.So possibly I've not simply missed something but it's market specific. All the other similar listed companies have also followed a similar pattern.Will keep on waiting for signs this downtrend has been broken.

[effortless cool] 27/8/2022 12:23

Header update with latest forecasts, allowing for the 2022 HY results. Still looking very good value, based on my analysis.

[effortless cool] 27/8/2022 12:07

I was wrong - I take it back and commend Shore for offering their research to self-certified sophisticated PIs.

It can be accessed through the link at the end of the header.

[cockerhoop] 26/8/2022 15:42

There's certainly multi levels of disclosure - as you say plenty are freely available, some like Shore can be obtained for a fee and others including Peel Hunt are only available to their own clients.

[cockerhoop] 26/8/2022 10:31

Research Tree do a 3 company research package for £8 a month (£25 per month for full coverage) with the flexibility to switch companies on a monthly basis so you can cover up to perhaps 10 companies from brokers like Shore.
So no real excuse for any vaguely serious investor.

[effortless cool] 25/8/2022 16:03

Yes, they're the only broker providing coverage, at present, which is annoying as they will not make their research freely available to private investors.

[disc0dave45] 25/8/2022 15:54

Sorry, meant to ask, are Shore Cap their house brokers?

[effortless cool] 25/8/2022 15:40

I'm still crunching the numbers, dd45. Will hopefully be able to update my target by the weekend.

illiswilgig tends to be quicker than me, so may have some forecasts ready ....