Marshalls Share Discussion Threads

[bigbigdave] 31/7/2023 07:08

Profit warning

[waldron] 12/7/2023 16:15

Could Marshalls holders be reinvesting the recent divi payment

[waldron] 12/7/2023 16:13

Updated Wed, Jul 12 2023

10:34 AM EDT

European markets surge as U.S. inflation cools by more than expected
Elliot Smith

This is CNBC’s live blog covering European markets.


LONDON — European markets surged on Wednesday afternoon as investors reacted to a cooler-than-expected U.S. inflation reading, which could have significant bearing on the Federal Reserve’s interest rate path.

[pugugly] 12/7/2023 16:06

Whole market up - Illogical?

[waldron] 12/7/2023 16:01

Cboe Europe - 16:58:52 12/07/2023


259.20 GBX +7.11%

[lozzer69] 12/7/2023 15:54

Up 7 pc today at 4pm not sure why but it makes a nice change.

[its the oxman] 30/6/2023 22:02

Feel more like this could struggle untill interest rates turn lower. And next newsflow might not be too pretty.

[waldron] 30/6/2023 07:24

Next dividend


Type Final

Per share 9.9p

Declaration date 15 Mar 2023 (Wed)

Ex-div date 01 Jun 2023 (Thu)

Pay date 03 Jul 2023 (Mon)

HOPE DIVI PAY INVOKES A TREND UP

[lauders] 30/6/2023 02:57

Looks good. Just wish the share price was healthier. MSLH has dropped so much since the latter part of 2021 when it was over 800p.

[waldron] 28/6/2023 08:36

Upcoming events on Marshalls plc


16/08/2023 Q2 2023 Earnings Release (Projected)

[waldron] 28/6/2023 08:35

Has bounced nicely off support

Heres to a trend up as seems massively undervalued

Good luck holders




TAKE CARE

CHUCKLE AND CHEERS

[swiss paul] 23/5/2023 19:45

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

[batham1] 10/5/2023 08:23

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 07:57

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 09:37

Bought a few
These should recover from here

[onjohn] 09/5/2023 08:29

Buy at 40p in tecession

[ariane] 09/5/2023 08:20

[United Kingdom] MARSHALLS PLC (MSLH)

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


256.90 GBX -13.79%

[masurenguy] 09/5/2023 08:16

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

[pugugly] 09/5/2023 08:15

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 08:00

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 07:45

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."