Marshalls Share Discussion Threads

[cockneyrebel] 02/9/2014 10:28

UK Construction PMI Smashes Expectations:

[spangle93] 28/8/2014 14:25

Also

Peel Hunt Buy Reinteration Target 195p

Numis Add Reinteration Target 197p

[skinny] 28/8/2014 09:36

Panmure Gordon Buy 180.50 178.50 195.00 200.00 Reiterates

[connor23] 28/8/2014 08:04

Took some at the open. Cracking results and one of the most positive updates I have seen for a while.

[spangle93] 28/8/2014 07:30

Impressive headline figures

- Revenue up 15% to GBP180.0 million (2013: GBP156.5 million)
- Improvement in operating margins to 8.7%
- Profit before tax up 75% to GBP14.0 million (2013: GBP8.0
million)
- EPS on continuing operations up 61% to 6.11p (2013: 3.80p)
- Interim dividend increased by 14% to 2.00 pence (2013: 1.75
pence) per share

According to Morning star, the Profit and EPS projected for 2014
are £19.7MM and 8.41p so already 3/4 of the way to beating
them

[quepassa] 03/7/2014 08:11

Very good update.

The share is off the radar unfortunately and positive developments at the Company seem not to get picked up by the market.

ALL IMO. DYOR.
QP

[spangle93] 03/7/2014 07:56

Positive sounding update. Can't see any factors heading in the wrong direction, though it focuses on revenue rather than profit

[quepassa] 14/5/2014 07:42

Agreed.

VERY STRONG update.

The IMS contains the MAGIC WORDS:- "... it is likely that full year results will be ABOVE CURRENT MARKET EXPECTATIONS".



Other details:-

-Revenue up 22%
-Public Sector/Commercial sales up 19%
-Domestic Sales up 19%
-International sales up 65% - now being 6% of Group Sales
-Forward indicators increasingly positive in all markets
-Strong growth in all markets
-Increasing output to meet growing demand.


Looks set for an excellent year ahead for Marshalls after a terrific start.

ALL IMO. DYOR.
QP

[spangle93] 14/5/2014 07:09

Liking this morning's update, time for a leg up on the share price graph?


Marshalls has experienced a strong start in 2014 and, although it is only 19 weeks into the current year, if the positive market conditions continue it is likely that the full year results will be above current market expectations.

..

Marshalls is experiencing strong sales growth in all its major end markets and the Group is increasing output to meet growing demand and deliver benefits from operational gearing. The Group remains focused on product innovation and service delivery initiatives to deliver continued sales growth and improve trading margins.

[yewtrees] 12/3/2014 15:54

Next update 26th March.

[yewtrees] 25/2/2014 20:46

Marshalls showing off some of their wares.

[niggle] 21/2/2014 08:40

Lovely break out from that looong pennant - reports of brick shortages holding back construction in the North West yesterday can only be good for all brick companies.

[protean] 21/2/2014 08:18

Looking good on the chart. Breaking above the multi-month consolidation by the looks of things.

Time to start moving up again?

[yewtrees] 17/2/2014 08:31

Marshalls seem to have some good designs for water management products. After this winter's flooding, water management is going to be high on the agenda on any future development plans.

[quepassa] 08/1/2014 09:38

Agreed. Well done.

After recent bad weather, there should be a good additional boost for their hard landscaping products.

But they really do need to hire a decent PR firm to help them write their announcements. One of the most poorly scripted I have read in a long time which detracts from an otherwise respectable performance.

ALL IMO. DYOR.

QP

[yewtrees] 08/1/2014 09:18

Well done Marshalls. I hope that Marshalls are sending their salesmen round to all the large developers.

[yewtrees] 29/11/2013 23:30

Marshalls did well in the last housing boom.
They do more than paving.

[quepassa] 28/11/2013 07:41

Where bricks lead, paving definitely follows.

Big article on Page 1 of today's FT about enormous demand for bricks.

The brick makers are according to the FT working "flat out", reopening previously shut down brick-making plant and Hanson will "relight the kiln in its mothballed Claughton works and keep the rest of its plants going all winter" as demand rockets.

The government Help to Buy initiatives have lit a fire under the housing market which will undoubtedly in my view spread from demand for brick to demand for paving.

The economic and market back-drop looks very encouraging indeed for Marshalls.

ALL IMO. DYOR.

QP

[yewtrees] 19/11/2013 18:06

Some large trades gone through earlier today.

[yewtrees] 12/11/2013 08:06

This road to recovery is a slow one.

[yewtrees] 30/10/2013 15:53

Interim statement last year 8 November.

[yewtrees] 24/10/2013 12:23

Ex dividend yesterday
House construction still strong - hope the builders choose the Marshalls products for their landscaping.
Apparently, housebuilding bricks have gone up in price due to demand!

[yewtrees] 21/10/2013 14:54

Certainly some strange trading been going on here for the last couple of weeks!

[nigelbarker] 11/9/2013 13:50

is there a bidder in the wings

[quepassa] 11/9/2013 12:40

Posts 303 and 304 refer.

QP