Marshalls Share Discussion Threads

[grupo guitarlumber] 02/4/2019 13:36

RISK OF SELL OFF

Mean consensus HOLD
Number of Analysts 7
Average target price 5,48 GBP
Last Close Price 6,24 GBP
Spread / Highest target -0,64%
Spread / Average Target -12%
Spread / Lowest Target -28%

[hsduk101] 02/4/2019 08:57

Still rising this one. Up 7% on this one, since i bought of the back of its good results. Hopefully more to come. Anyone got a level 2 views of the orders on this one?

[lauders] 02/4/2019 02:03

As a shareholder (happy one) I have voted for MSLH's website as requested here by the company:



The link is mentioned in the piece but I repeat it here too:

[waldron] 30/3/2019 10:46

SPRING HAS SPRUNG PAVING THE WAY FOR MORE PROFITS






Have a great weekend

[hsduk101] 30/3/2019 10:10

I think this is still a good grower at the moment. No news is good news in my view, so ill keep i eye on it.

I got 2000 in stock on this one and so far 6% growth. Happy with this one!

[waldron] 30/3/2019 09:17

Technical analysis trends
Short Term Mid-Term Long Term
Trend Bullish Bullish Bullish
Resistance 636 701 688
Spread/Res. -2,7% -12% -10%
Spread/Supp. 8,4% 25% 21%
Support 571 497 512

[florenceorbis] 30/3/2019 09:03

NOW IS THE TIME TO BE CAREFUL IMO

THERE MIGHT WELL BE A PULL BACK

TOPPING UP OR TOPPING OUT

[hsduk101] 28/3/2019 08:03

Not bad, so based on the brokers views and the fact that there really is no bad news. Also dont think brexit will impact either. I calculate the potential rise to 620 as a further 8% growth potential still to go this year. Happy days

[lauders] 28/3/2019 01:04

Welcome hsduk101. I believe that MSLH are a great company. You only need to look back through some of their after results analyst presentations to see the quality of some of the management and their confidence in what they are doing. I have been here a few years and am currently up over 150% on my initial purchase price (not including all the dividends) so have been happy to buy and hold. It looks like there are plans to acquire more businesses to compliment what MSLH have at the moment and "complete" the business. Again see the presentations. MSLH certainly do their due diligence and don't rush into such matters. Then there is their digital side. They are moving with the times and that must bode well going forwards.

[hsduk101] 27/3/2019 14:23

Bought Marshalls 2 weeks ago and its been steadily rising since. No real dramas or issues so far. Reckon this has some way to grow yet? The news stories ive read so far sound positive so looks like a good buy

[lauders] 21/3/2019 12:44

Can't be bad!

The fact that Marshalls is the first in the hard landscaping field to receive the BSI Kitemark, shows the business’ commitment to accuracy, detail and continuous improvement.

Andy Butterfield, Product Certification Director of Built Environment at BSI said:

“We’re delighted that Marshalls has achieved this Kitemark which demonstrates that they have embedded BIM into their processes and are delivering high quality BIM objects.

“This scheme was developed by industry experts to give architects and designers the assurance that the BIM Objects they are choosing for their projects accurately represent the physical product, reducing the number of checks they will need to undertake throughout the project. The industry is highly competitive, therefore it’s really important that organisations can differentiate their products when tendering for BIM projects and to gain access to new markets.”

The ever growing Marshalls BIM Library currently features over 43 ranges, including street furniture, paving and drainage.

[the grumpy old men] 19/3/2019 10:14

Berenberg Hold 620.00

[ariane] 17/3/2019 14:45

Peel Hunt Add 530.00 Reiterates



The hunt does not seem to appeal

[lauders] 15/3/2019 04:19

Was traveling when results were issued yesterday and now had a chance to look. Great results! I was saying it would be nice to reach 500p and stay above a while back. Now it could be 600p and staying above. Nice to receive another special dividend too. Happy to keep holding!

[sphere25] 14/3/2019 11:31

No position here sadly but very nice results. Generates a shed load of cash, more than enough to continue to keep topping up with earnings enhancing acquisitions so the multiple might look hefty at times, but it really isn't. This company is simply a whole load of quality, quality and more quality.

I tend to trade in and out of this one but well done to holders. Mad trading spikes on the up and down side aside, this one looks good to continue to deliver for holders.

[sarkasm] 14/3/2019 09:03

Shore Capital Hold - Reiterates

[sarkasm] 14/3/2019 08:35

Dividends

The Board is recommending a final dividend of 8.00 pence per share (2017: 6.80 pence per share) which, together with the interim dividend of 4.00 pence per share (2017: 3.40 pence per share), makes a total ordinary dividend of 12.00 pence per share (2017: 10.20 pence per share), an increase of 18 per cent for the year.

The Board is also recommending a supplementary dividend of 4.00 pence per share for 2018 (2017: 4.00 pence per share). The payment of a discretionary supplementary dividend is in line with the Board's objective of maintaining an efficient capital structure whilst retaining capacity to invest in further growth opportunities. The Group's cash flows remain strong and permit us to recommend and maintain a supplementary dividend of 4.00 pence. The level of supplementary dividend reflects a better than expected year end debt position and this year provides increased total returns for shareholders whilst recognising the increased political and economic uncertainties caused by the prolonged Brexit negotiations. The Board will continue to adhere to the Group's capital allocation policy and the Group's policy of rewarding shareholders on the basis of maintaining a 2 times dividend cover.

Outlook

The Group delivered a strong result in 2018 and continues to outperform the Construction Products Association's ("CPA") growth figures, despite ongoing macro-economic and Brexit uncertainty. The CPA's recent Winter Forecast predicted a decrease in UK market volumes of 0.2 per cent in 2018, followed by an increase of 0.3 per cent in 2019. However, our recent trading has been strong and the underlying indicators in the New Build Housing, Road, Rail and Water Management markets remain supportive to our growth strategy and plans.

Good progress has been made during the year, notably, the successful integration of CPM and the ongoing self help programme to drive organic growth and these have been enhanced by the acquisition of Edenhall. The Group's focus remains the delivery of long-term sustainable growth, whilst maintaining a strong balance sheet and a flexible capital structure.

[sarkasm] 14/3/2019 08:32

Stephen Farrell Digital Staff Writer
Marshalls revenue nears £500m
14 Mar 2019 Yorkshire Business
Marshalls revenue nears £500m

Revenue has grown to almost £500m at listed landscape products group Marshalls, despite "ongoing macro-economic and Brexit uncertainty".

The Elland-based company reported turnover of £491m for the year ended 31 December 2018, up 14 per cent from £430.2m in 2017.

Profit before tax also increased to £62.9m, up 21 per cent from £52.1m the year before.

During the year, Marshalls integrated concrete manufacturer CPM Group into the business following its acquisition at the end of 2017. In December, the group also agreed a deal to buy brick manufacturer Edenhall.

Chief executive Martyn Coffey said: "The group delivered a strong result in 2018 and continues to outperform the Construction Products Association's growth figures, despite ongoing macro-economic and Brexit uncertainty.

The CPA's recent Winter Forecast predicted a decrease in UK market volumes of 0.2 per cent in 2018, followed by an increase of 0.3 per cent in 2019. However, our recent trading has been strong and the underlying indicators in the New Build Housing, Road, Rail and Water Management markets remain supportive to our growth strategy and plans.

"Good progress has been made during the year, notably the successful integration of CPM and the ongoing self help programme to drive organic growth and these have been enhanced by the acquisition of Edenhall."

[sarkasm] 14/3/2019 08:19

Price (GBX) 554.00 Var % (+/-) +1.56% (Up +8.50)

[from8to800] 14/3/2019 08:17

They must be drunk... Or being the crooked dogs they usually are in order to help someone load up.

[sarkasm] 14/3/2019 07:57

Peel Hunt Add 530.00 Reiterates


STRANGE TARGET ADVICE

AS 545.50 on 13-Mar-2019

[lauders] 05/2/2019 13:31

See MSLH are up for an award on the 15th of the month for a very worthwhile project that was completed. Hope they win of course!

[lauders] 22/1/2019 00:49

I like the way MSLH build a community. It seems to provide a degree of loyalty:

Finding it hard to maintain that 500p level. If we can ever crack on past it that would be excellent. Might take a bit of time.

[lauders] 09/1/2019 10:59

Would be very nice if we could break 500p and stay above that level!