Marshalls Share Discussion Threads

[swiss paul] 23/5/2023 18:45

Who are their main competitors as they seem to have a good spread of business

[batham1] 10/5/2023 07:23

Agreed, looking for at least double from here. Quality business that is well run. Glad I jumped in for even more at 256p yesterday.

[its the oxman] 10/5/2023 06:57

These are well off their highs so scope to double or treble. Microsoft will keep its steady trajectory no doubt buy money can be made here as well. Picking the bottom is not easy though , so these could yet fall further - might be better to get the next set of results out of the way.

[volsung] 09/5/2023 08:37

Bought a few
These should recover from here

[onjohn] 09/5/2023 07:29

Buy at 40p in tecession

[ariane] 09/5/2023 07:20

[United Kingdom] MARSHALLS PLC (MSLH)

Cboe Europe - 08:17:49 09/05/2023 BST


256.90 GBX -13.79%

[masurenguy] 09/5/2023 07:16

So far the shareprice has held up well, following this very negative update, with a fall of just circa 12%.

[pugugly] 09/5/2023 07:15

Back to the share price in early 2016. Other construction companies likely (imo) to be marked down as well, but which will be the biggest losers and by how much?

[ariane] 09/5/2023 07:00

Outlook

The Board remains confident that the Group is well placed to deliver profitable long-term growth when market conditions improve and continues to focus on its key strategic initiatives. In the near-term, the macro-economic climate is expected to remain challenging and the trading performance in the year to date has been weaker than originally anticipated.

The Board's expectations for 2023 were set with reference to the Construction Products Association's ('CPA') Winter forecast that was published in January 2023. The CPA reduced its 2023 construction output forecast earlier this month. This was principally driven by a six-percentage point deterioration in new build housing to a year-on-year contraction of 17 per cent. The CPA cited reduced demand in the wake of the mini budget, the consequential sharp rise in mortgage rates and the end of Help to Buy as contributing factors for the downgrade.

Taking these factors together, the Board now expects to deliver a result that is lower than its original expectations.

[masurenguy] 09/5/2023 06:45

Very negative update which will hit the shareprice by at least 25%/30% when the market opens this morning. It remains on my watchlist but fortunately I have no legacy position here (post #1403).

"On a like-for-like basis, Group revenue contracted by 14% reflecting the uncertain macro-economic climate, a reduction in new house building and continued weakness in private housing RMI activity.
Marshalls Landscape Products delivered revenue of £110m (2022: £140m), which represents a reduction of 21% compared to 2022. Marshalls Building Products delivered revenue of £55m , which represents a contraction of 9%. Revenue in the bricks and masonry and mortars businesses was modestly lower year-on-year, whilst drainage and aggregates were held back by deferred new housing starts. Marley Roofing Products delivered revenue of £61m, which represents a contraction of 6%. Viridian delivered further strong growth in integrated solar revenues supported by changes in building regulations, offset by a weaker performance in roofing due to lower volumes of new build housing. In the first quarter of the year, National House Building Council new housing starts were 27% lower than 2022, which had an impact on the performance of all the Group's reporting segments."

[lauders] 09/5/2023 06:26

Not going to be good here today it would seem. MSLH have really been hit by the slower economic trend in the UK. Will no doubt take time to recover if we believe this part of the downbeat TA:

Outlook

The Board remains confident that the Group is well placed to deliver profitable long-term growth when market conditions improve and continues to focus on its key strategic initiatives. In the near-term, the macro-economic climate is expected to remain challenging and the trading performance in the year to date has been weaker than originally anticipated.

[neutralpov] 03/5/2023 17:29

Back to MSLH.lon

You do know that since

now gives a blank for both market segment and sector, this stock will drop off the radar for many investors?

@ Morningstar too.

[essentialinvestor] 27/4/2023 17:26

mrf, off topic - you still bearish on VLX re
their EV charging tech?, if you could post on SHA, thanks.

[my retirement fund] 27/4/2023 17:21

Boring business

[lauders] 27/4/2023 11:06

MSLH not doing much when it comes to the share price. Up and down within a 250-360p range for the last 6 months or so. Perhaps they should shout about this "major innovation in product innovation" a bit more to get the price higher? ESG is a major focus of most companies these days and this should help:

[waldron] 02/4/2023 05:19

ENJOY YOUR DAY AND COMING WEEK Lauders

take care

[lauders] 02/4/2023 03:46

Spotted this from a couple of months ago. Not exactly the best analysis as does not mention debt is due to the Marley Group acquisition, just notes there was a big jump. Nothing about new assets/infrastructure coming online soon to make things even more promising down the line. Some interesting website mentions, that is probably about it!

[waldron] 01/4/2023 06:16

Latest Dividends

Summary Previous dividend Next dividend

Status Paid Declared

Type Interim Final

Per share 5.7p 9.9p

Declaration date 18 Aug 2022 (Thu) 15 Mar 2023 (Wed)

Ex-div date 20 Oct 2022 (Thu) 01 Jun 2023 (Thu)

Pay date 01 Dec 2022 (Thu) 03 Jul 2023 (Mon)

[waldron] 01/4/2023 06:14

Upcoming events on MARSHALLS PLC

May/10/23 | 11:00am Annual General Meeting

June/01/23 Final dividend

it might well return to its former glory in coming months

[waldron] 01/4/2023 06:11

Cheers Lauders

LOOKS TO BE SLOWLY MOVING BACK UP

TAKE CARE

ENJOY YER WEEKEND

[lauders] 01/4/2023 00:02

Haven't looked at the MSLH website for a while but note 3x interesting videos from the last 3 months:

- Creating better spaces.

- "Lunar" a new concrete block product

- BBC review of the MSLH stand at BBC Gardeners World.