Marshalls Share Discussion Threads

[brummy_git] 19/2/2020 06:35

All the latest building product valuation multiples and KPIs can be downloaded from here, including MLSH

[lauders] 15/2/2020 10:51

Nice bounce towards the end of the day yesterday. Perhaps MSLH will go after another brick related company in future:

Didn't realize bricks were in such hot demand!

[nigelbarker] 11/2/2020 14:04

paving the way now for HS2 bought some more

[sarkasm] 11/2/2020 09:08

Shore Capital Hold

[sarkasm] 10/2/2020 09:18

Moving towards 831p resistence as we approach Next Preliminary Announcement 12th March - 2020

[nigelbarker] 10/2/2020 09:07

paving the way for HS2

[florenceorbis] 21/1/2020 08:57

Peel Hunt Add 800.00 - Reiterates

[lauders] 19/1/2020 02:36

A little bounce to just above 800p. The awards for customer service and supplier of the year keep coming, so can't be bad.

outsizeclothes.com - I ticked you up as your take seems to be realistic. MSLH have done well, perhaps too well lately, on the share price front in relation to mkt cap and p/e but quality is always worth backing. Every blip in the past has been overcome. I am still hoping for a much stronger share price by year end from here and have been in since just under 200p.

[outsizeclothes.com] 16/1/2020 19:59

A good company, but surely a very high p/e for the sector, and market overall ?
I think today's selling reaction is just a reality check to the shareprice, p/e and sales to mkt cap getting a bit ahead of itself.
At £7.90, having almost doubled in a year, there's still quite a bit of forward growth priced in, with very little room for disappointment.

[waldron] 16/1/2020 16:23

good long term buy imo but the risk is that share price will sink to supports unless consensus targers are raised



Next divi 5 months away so other companies might get attention in the meantime

the next push up no doubt will come again in early march me thinks


cheers

[undervaluedassets] 16/1/2020 16:03

Very odd reaction to a good trading update.

Those that were expecting fireworks were disappointed I guess and sold.

Nothing wrong here that I could see.

[lauders] 16/1/2020 14:15

Anyone would think that MSLH had missed guidance or were suggesting poor visibility ahead judging by the share price performance. Hopefully some buying will start now we are below 800p.

[la forge] 16/1/2020 08:44

Shore Capital Hold

[la forge] 16/1/2020 07:40

Dividend

The 2019 interim dividend of 4.70 pence per share, announced on 15 August 2019, was paid on 4 December 2019 to shareholders on the register at the close of business on 18 October 2019.

Outlook

The Board confirms it is confident of meeting its 2019 expectations.

Looking ahead, the outcome of the UK General Election in December 2019 has created a more certain political environment and the underlying indicators in the New Build Housing, Road, Rail and Water Management markets remain supportive. The Group continues to outperform the Construction Products Association's ("CPA") growth forecasts.

The Group's Business Strategy is underpinned by strong market positions, focused investment plans and an established brand.

The Board intends to issue its full year Preliminary Announcement on 12 March 2020.

[lauders] 16/1/2020 07:35

There's the trading update. Seems OK on the whole. Only negative is:

Sales in the Domestic end market represented approximately 26 per cent of Group revenue and were flat compared with 2018. These results are ahead of the overall Domestic market in 2019. The survey of domestic installers at the end of October 2019 revealed order books of 10.9 weeks (2018: 10.8 weeks) which compared with 11.5 weeks at the end of June 2019. The Domestic market was softer in the second half and suffered from the poor weather. However, continued execution of the 2020 Strategy more than compensated by improving Group margins.

Given that the sentiment still seems more positive than negative. Hopefully the market will react to the more positive text in this paragraph and the rest of the update. Particularly:

Looking ahead, the outcome of the UK General Election in December 2019 has created a more certain political environment and the underlying indicators in the New Build Housing, Road, Rail and Water Management markets remain supportive. The Group continues to outperform the Construction Products Association's ("CPA") growth forecasts.

The Group's Business Strategy is underpinned by strong market positions, focused investment plans and an established brand.

[lauders] 10/1/2020 05:28

Some years we have received a trading update around this time in January (early-mid month). We may have one this year as only one update last year. Hopefully the recent weakness from 875p to 815p does not imply any disappointing news is on the way. Hopefully any update will have the opposite effect!

[lauders] 03/1/2020 05:54

Nice to note that MSLH seem to work with NMCN from this piece and that NMCN are winning a number of contracts that hopefully mean the relationship is mutually beneficial! Here are two reports of a fairly recent wins for NMCN involving "water" projects: &

[lauders] 02/1/2020 05:34

Hopefully the trend will continue this year and share holders will be happy come December 2020. See that MSLH is one pick for the year here:

[lauders] 04/12/2019 14:59

New YouTube video from MSLH added today:

How to professionally point a patio quickly

[lauders] 30/11/2019 07:54

Great we got to 800p! No surprise at the profit taking once it passed really. Will it continue to 1000p one of these days? Sure hope so. Still holding all my shares and happy with the income while I wait as well.

Anyone for greener cities?



Looks great!

[nigelbarker] 27/11/2019 15:42

Wow someone is buying. its a gilt edged buy for sure large turnover
rather interesting.

[lauders] 26/11/2019 15:12

Thanks for that florenceorbis. New all time highs here do bode well and with the strength going into the close I am wondering whether some news might come soon. Quite possible another acquisition may be announced any time. The BOD have consistently mentioned they are always on the look out for a complementary business to their main business areas. Water/drainage would be my best guess given the continued weather issues in the UK. Time will tell.

[lauders] 08/11/2019 04:18

Seems that the potential for MSLH's drainage and flood protection products shows no bounds given the UK weather and reports like this:



Relevant parts of the MSLH's website:




Hope no readers are impacted badly so far and hope that you continue to escape any flooding etc...