Marshalls Share Discussion Threads

[cockneyrebel] 04/9/2015 20:55

Non Exec Director maiden buy I see.

CR

[luckymouse] 02/9/2015 10:51

BUZZ-Marshalls: Hits record high on continued strong H1 rally 02-09-2015 10:47
* Landscape products co Marshalls up c.3.8 pct to touch record high, top London midcap gainer <.FTMC> biggest & on track for sharpest 3-day gain in c.14 mnths
* Rally on back of strong results announced on Aug 28, where co reports 48 pct rise in H1 PBT [ID:nL5N1131J0]
* One trader says a shareholder had sold into this rally and completed the exit today
* More than half of daily avg volume traded through in 2.5 hrs since morning bell
* Up to Tuesday's close, stock up 44 pct YTD & easily outpacing c.4.7 pct gain in broader midcap index
* Market also largely positive on stock, with 5 of 6 analysts rate the stock "buy" or higher, 1 "hold" and nobody giving it a "sell" or lower
* Even at Wednesday high of 352.8p, stock still trading c.16 pct below the StarMine intrinsic value estimate

[mr roper] 02/9/2015 09:54

there goes 350p..!

[mr roper] 02/9/2015 09:32

off to a flyer..!

[mr roper] 02/9/2015 09:12

looking good here today, CR.

[cockneyrebel] 02/9/2015 09:12

Looks like those meaty trades at the close last night cleared some stock imo.

CR

[cockneyrebel] 01/9/2015 09:22

Breaking out to an 8 year high today, 380p the next test imo:


free stock charts from uk.advfn.com

[lauders] 01/9/2015 06:56

Hi CR! Big smile indeed :-) Am in Europe at present and cannot follow ADVFN so much for the time being! Hence I have more than 500 posts on your CR thread to catch-up on now and by the time I get a chance to look again it will probably be over 1000 posts! If I could check out all the posts on the various boards on the plane home to Thailand in a few days it would help pass the time, but alas I can't do that ;-(

Hopefully MSLH will be way higher by mid-September when I return :-)

[luckymouse] 30/8/2015 22:52

Kames (tiny) heavily topped up last quarter?


And the On Balance Volume is rising indicating the mkt is doing the same
Strangely, that happens with blisteringly good results :)

[onjohn] 29/8/2015 11:01

Kames dumping oh dear

[cockneyrebel] 29/8/2015 09:50

Cheers bigbigdave - about time MSLH got some decent coverage.

Initial broker upgrades won't be a patch on those down the line imo. MSLH usually takes a little time to put in the full rally too imo.

CR

[v11slr] 28/8/2015 17:08

^ I just love the tongue-in-cheek nature of some posts on here. ;-)


If you can't laugh at yourself who can you laugh at?

[brewsters_millions] 28/8/2015 17:07

Mike what are you expecting here share price wise...short term ?TIA

[brewsters_millions] 28/8/2015 16:46

Lol Thanks CR... :)Stock closed pretty good.. and nice to see some good buys after the bell.Have a good bank holiday mate.See you on Tuesday on another up day here hopefully

[cockneyrebel] 28/8/2015 16:42

what you thanking him for brewsters, he's ADVFN's resident lunatic!

CR

[mike740] 28/8/2015 15:14

Marshalls interims pave way for faster full year growth
Fri, 28 August 2015
Article viewed 34 times

(ShareCast News) - A strong set of interim results from paving slabs specialist Marshalls showed sales growing faster than the wider construction market, leading to analysts upping expectations for the full year.
Revenues of £199.1m in the half-year to 30 June were 11% higher than the same period last year, versus rouhgly 5% growth in underlying markets, indicating a strong level of market share won so far this year as the group invested in new products and overseas growth.

Earnings before interest, tax, depreciation and amortisation jumped 34% to £29.7m and profits before tax surged 48% to £20.8m.

Operating margins rocketed up to 11.1% in the six month from 8.7% in 2014, reflecting improved operational gearing as a result of the market-beating volume growth.

Volume growth has been particularly strong in the public sector and commercial end market, where the revenue increase attributable to volume and mix has been 11%.

A higher tax charge meant basic earnigns per share were only 39% higher at 8.5p, while the dividend was lifted a quarter of a penny to 2.25p.

Chief executive Martyn Coffey said the group was well positioned to grow organically and through selective through acquisitions, with growth remaining the focus during the remainder of 2015 and in 2016.

He pointed out that the Construction Products Association had predicted growth in UK market volumes of 4.9% in 2015 and 4.2% in 2016.

"In order to drive growth, the group continues to develop the Marshalls brand and invest in product innovation and service delivery initiatives to deliver improved trading margins and increased return on capital employed," he said.

Marshalls has noticed a good historical correlation between consumer confidence and domestic installer order books, highlighting a survey of domestic installers at the end of June 2015 that revealed continuing strong order books of 12.0 weeks, up from 11.5 weeks last year and 10.6 weeks at the end of April 2015, to its the highest recorded order book at this time of year.

The international business, included 15.8% growth from the Belgian operations in local currency despite a mainly subdued market, while a sales office is being opened in Dubai to focus on the wider Middle East market.

Investors and analysts were impressed, with shares in Marshalls up 5.8% to 334.91p by 08:45 on Friday.

Shore Capital said that with markets still not firing on all cylinders, with domestic spending expected to flow through and provide a step up in market volumes a little later in the cycle.

"If revenue growth can be carried through the second half at the same rate as the first and the same operational gearing delivered then it looks likely that the current consensus PBT to Dec 2015 of £32.5m will be beaten."

Numis noted that net debt has also been reduced appreciably and that PBT in the first half PBT was ahead of its estimates of £19.6m. Due to the strength of the results and the confident outlook statement it is increasing pre-tax estimates for the full year to £34m from £32.6m, with EPS upped to 13.8p from 13.3p.

"With Marshalls still holding considerable spare capacity and volumes still well down on pre downturn levels, high levels of operational gearing and therefore profit growth, should continue. Due to the increased forecasts we increase our target price to 350p."

[brewsters_millions] 28/8/2015 12:43

Any one way to comment on those large 100k's? Seem like buys to me

[mike740] 28/8/2015 10:32

Panmure Gordon Raises Marshalls plc Price Target to GBX 370 (MSLH)
August 28th, 2015

Investment analysts at Panmure Gordon raised their price target on shares of Marshalls plc (LON:MSLH) from GBX 320 ($5.01) to GBX 370 ($5.80) in a report released on Friday, Analyst Ratings.Net reports. The brokerage currently has a “buy” rating on the stock. Panmure Gordon’s price target would indicate a potential upside of 17.83% from the stock’s previous close.

Shares of Marshalls plc (LON:MSLH) opened at 335.2800 on Friday. Marshalls plc has a 52 week low of GBX 180.06 and a 52 week high of GBX 338.73. The stock’s 50 day moving average is GBX 322.35 and its 200-day moving average is GBX 289.07. The firm’s market cap is GBX 657.81 million.

[mike740] 28/8/2015 09:42

28 Aug 2015 Marshalls PLC MSLH Panmure Gordon Buy 335.55 311.00 320.00 370.00 Reiterates