Marshalls Share Discussion Threads

[gswredland] 16/6/2021 09:05

If it get's there I'm in!

[waldron] 16/6/2021 05:09

Some are suggesting strong support at 647.50p during this apparent downtrend

[lauders] 15/6/2021 23:36

Quite so gswredland! Looking at the chart it has always been a volatile holding, but since the general market fall in April 2020 the volatility seems even more apparent. Odd for a mid-cap like this IMHO. Wish it was more stable but overall I can't complain since buying in just below the 200p level many years ago.

[gswredland] 15/6/2021 16:15

Strange that this is still falling after the trading statement over a month ago

[my retirement fund] 11/6/2021 14:19

Director buying

[trt] 08/6/2021 14:43

Topped up this afternoon got to take advantage of the dips.

[florenceorbis] 17/5/2021 07:49

Berenberg remains at Hold with a target price raised from GBP 740 to GBP 790.

[trt] 13/5/2021 08:15

Couldn't resist another top up this morning so took advantage of the dip - all adds to the up coming dividend payout

[waldron] 12/5/2021 12:04

Some are hpoing to hit resistences at 745p and 794.50p

[trt] 12/5/2021 11:19

Just topped up wanted to get ahead of broker upgrades and their clients then adding to their holdings which pushes the share price up.

[trt] 12/5/2021 08:42

Bound to up the dividend payout as profits are increasing significantly- excellent news.

[the grumpy old men] 12/5/2021 08:09

Marshalls lifts FY expectations amid strong demand

Wed, 12th May 2021 08:16
ShareCast

(Sharecast News) - Marshalls said on Wednesday that trading

for the full year was set to be ahead of its previous expectations amid increased demand.
In an update for the four months to 30 April, the landscape products company said trading has been strong and the improving trend has continued.

Group revenue rose 46% from the same period a year ago to £191m, and was 6% higher compared with the same four-month period in 2019. Marshalls said the key growth drivers were strong demand in the domestic end market, improved trading in the public sector and commercial end market and further growth in the international market.

The company said trading continues to improve and order books are strong. It also noted that the Construction Products Association's recent Spring forecast predicts a 12.9% increase in UK market volumes in 2021 and a 5.2% rise in 2022.

"This continues to reflect a more positive trading environment and the external purchasing and consumer confidence indicators continue to strengthen," Marshalls said.

"The board is encouraged by the sustained increase in demand during the first four months of the financial year and now expects trading for the full year to be ahead of its previous expectations."

At 0822 BST, the shares were up 3.8% at 750p.

[the grumpy old men] 12/5/2021 08:03

Marshalls : Expects FY21 Trading to Top Expectations After Strong Demand; Shares Rise 5%
05/12/2021 | 08:50am BST


(MT Newswires) -- Marshalls (MSLH.L) said Wednesday it saw a sustained rise in demand during the first four months of 2021, prompting it to predict full-year trading to be above its previous expectations.

The forecast comes after the specialist landscape products group's revenue in the four months to April 30 soared 46% to 191 million pounds sterling ($270.1 million), compared with the lockdown-hit prior-year period.

Marshalls attributed the growth to strong demand in the domestic end market, continued growth in the international segment, as well as improved trading in the public sector and commercial end market.

Marshalls shares climbed 5% on Wednesday morning.

Price (GBP): £759.34, Change: £36.84, Percent Change: +5.10%

[the grumpy old men] 12/5/2021 07:41

Outlook

Trading continues to improve and order books are currently strong. The Construction Products Association's recent Spring forecast predicts an increase in UK market volumes of 12.9 per cent in 2021 and 5.2 per cent in 2022. This continues to reflect a more positive trading environment and the external purchasing and consumer confidence indicators continue to strengthen. The Board remains focused on developing future growth opportunities and delivering the strategic objectives set out in the 5-year Strategy, whilst ensuring that operations incorporate health and safety practices that go "over and above" current recommended COVID-19 guidelines.

The Board is encouraged by the sustained increase in demand during the first four months of the financial year and now expects trading for the full year to be ahead of its previous expectations.

[trt] 12/5/2021 07:39

Chart looking good to £8.00.

[trt] 12/5/2021 07:35

Broker upgrades to come - got to be in it to win it.

[sparty1] 25/3/2021 18:30

excellent day ,moving to profit. No one has a clue.. :)

[sparty1] 23/3/2021 13:57

and I have added today. Following the same path as my kier investment which led to substantial profits.
Same with Ryan Air
Same with SYME..
Still holding syme ,waiting for update.

[sparty1] 23/3/2021 08:48

yes ,dropping back but an opportunity imo.To build a decent stake in the company.

[gswredland] 12/3/2021 17:36

Marshalls never seems to sustain any rise. Looks like we could be heading back for 650 even given the strong trading update

[gibbs1] 11/3/2021 12:09

MARSHALLS PLC (MSLH)

Real-time Estimate Quote. Real-time Estimate Cboe Europe - CXE - 03/11 12:08:09 pm

752.5 GBX +7.81%

[gibbs1] 11/3/2021 12:05

Dividend

Due to the impact of COVID-19, the Board did not propose an interim dividend during 2020. However, the payment of dividends continues to be a key pillar of the Group's capital allocation policy. The Group continues to maintain a progressive dividend policy with the objective of achieving two times dividend cover over the business cycle. As earnings increase we plan to share the increase between strengthening cover and progressively raising the rate of dividend.

The Board is now proposing a final dividend of 4.30 pence which compares with earnings per share of 8.60 pence for the year ending 31 December 2020 (before exceptional operational restructuring costs and asset impairments).

On the assumption that trading supports this position, the Group would look to maintain the stated policy of two times cover for the year ending 31 December 2021. This policy will provide increased returns for shareholders whilst at the same time recognising an appropriate degree of caution and stewardship.



Outlook

Trading has started strongly in 2021. At the end of February, sales are up 7 per cent and orders are up 12 per cent compared to same period in 2020. The CPA's winter base case scenario predicts an increase in UK market volumes of 14.0 per cent in 2021 and 4.9 per cent in 2022. Despite wider market uncertainty, the underlying indicators in our main growth markets of New Build Housing, Road, Rail and Water Management remain positive.

Although market demand remains uncertain, we remain focused on developing future growth opportunities and delivering the strategic objectives in our 5 year Strategy. Our strategy continues to be underpinned by strong market positions, focused investment plans and an established brand. Marshalls' liquidity is strong and will support our investment priorities going forward.

Encouraged by the strong trading performance, the Board is raising its expectations for 2021.

[gibbs1] 11/3/2021 12:03

Next strong resistence 794.50p

[philanderer] 11/3/2021 11:47

Darn it, missed the boat here :-)

Well done holders.

[gswredland] 11/3/2021 07:56

Yes looking good!