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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| May Gurney | MAYG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 302.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 302.50 | 302.50 |
| Top Posts |
|---|
Posted at 08/12/2012 11:54 by paulypilot What on earth were Investors Chronicle thinking of, calling MAYG a sell, when it's on a current year PER of 7, and with a yield of 5%? Are they off their rockers? Or just completely clueless?! I do wonder sometimes about the ability of these journalists - are they actual investors themselves?PP. |
Posted at 08/12/2012 08:44 by melody9999 Tipped as a buy by Questor then and a sell by the Chronic Investor I understand. That is certainly the right way round! Onwards and upwards me thinks into the 200s. |
Posted at 17/9/2012 15:22 by glasswala The guys at Brewin Dolphins have now given a buy rating and a 12 month price target of £1.55! The same guys were stating it a sell just a few days ago!!! What changed their views in a few days for these brokers!! Can you rely on them? Why does any body listen to these guys?? They cannot be trusted if within a few days their sell view can be easliy changed to a buy move. I think holders should do their own research and then make a investment based on their own feelings then rely on stupid pimpled kids fresh from college pumped up on booze& drugs who couldn't even give a damn as they get paid whether we investors win or lose!!!Aviva seem to be confident as they have added a futher 0.5% again from RNS this morning. At least some one in the investment/pension industry has some faith with MAYG!!!! |
Posted at 12/9/2012 14:09 by pugugly hvs:> Sorry - I think if you investigate you will find yet another pile of poo made by managent taking their eyes off the ball and possibly failing to do sufficient due diligence on costings before bidding for contacts - Message I get (without inside knowledge of management accounts)is one of "be busy at any costs.Also investors being too greedy and always wearing rose tinted glasses - BEWARE most analists are guilty of always looking on the up-side rather than taking the REAL ECONOMY into account. Not the way to run a business - It also looks as though the message may have got through to potential investors at this price as only MM's prepared to buy stock [Level 2} All other bids now been withdrawn. I would not even bid 75p without a lot more reassurance that this is a going concern. If I got it, subject to a realistic forecast of the level of profitability, I might be inclined to go heavy. |
Posted at 11/9/2012 13:25 by bones Just as an aside, I guess this is part of the service where business is in line with expectations. Investors must hope it is not the result of using sub-standard materials across the group to save costs. It won't have worked in this example:Crumbling Lincoln roads to be resurfaced for fourth time in a year Thursday, August 30, 2012 Lincolnshire Echo Work to fix five crumbling road surfaces across Lincoln will take place for a fourth time in a year. Burton Road, Union Road, Eastgate East, Eastgate West and Tentercroft Street will all be completely resurfaced. It comes after contractors May Gurney used sub-standard material. Frank Connell, who runs a barber shop in Burton Road, said: "It seems half of the road is in my shop. "There are stones and all sorts on my floor after customers have brought it in on their shoes. "The road is an absolute mess and something needs to be done about it. If I had produced the work that has been done on the roads round here I would be embarrassed. "Businesses will be massively affected yet again as innocent people suffer. "We have learnt to absorb this kind of bad news and that is what we will have to do again." The head of highways at Lincolnshire County Council, Alan Aistrup, said: "We have worked collectively with our partners to identify that the best way forward is to completely remove the existing road surface that was causing the problems and replace it with an entirely new surface that is more durable. "We are confident this will provide a permanent solution and would like to thank people for continuing to bear with us. "This is something that happens only very rarely and was largely due to a technical materials issue at the time, and exacerbated by hot weather, but we do apologise to anyone who was affected by it. "We are sending letters to local residents and businesses to keep them informed, so they know what is happening. "We will also be reassuring businesses that customers will be able to access their shops, although vehicle access will be limited. Warning signs are being put out on the streets, too. "Our aim is to complete the work as quickly as possible, but this will be weather dependent." The Conservative-led authority said the overall cost of the project had yet to be confirmed. Union Road, Eastgate East and Eastgate West will be resurfaced during the day, starting on Monday, September 3. Between Monday, September 10, and Friday, September 14, Burton Road will be resurfaced at night to minimise the impact on businesses and traffic, starting early evening. Burton Road will then be re-lined on Monday, September 17, and Tuesday, September 18, during the day. Tentercroft Street will be resurfaced at night on Monday, September 17, and Tuesday, September 18. |
Posted at 03/12/2010 21:09 by doobz I wonder how reliable tips in the paper are?? Any experience with them? Im a medium term investor and I have researched this company after the tip that you mentioned and it looks very strong indeed. Think I will buy on monday, is anyone else recently in? cheers Darren |
Posted at 01/12/2010 19:49 by deswalker I sold out of MAYG on 21 Oct at 234.2 because they looked fully valued to me. I've just put today's numbers in my detailed spreadsheet model and looked at the share price for the first time today since I sold. IMO I made the right decision to sell and still think they are fully valued at these levels, but I'm a conservative value investor so DYOR. I have no axe to grind either way having bought on 6 July at 197.2 and would not be tempted to re-enter until I could get a similar price again. Good luck holders. |
Posted at 08/10/2010 21:59 by red ninja Growth Company Investor :-May Gurney Integrated Services STRONG BUY 05/10/2010 James Crux In the midst of healthy contract bidding, infrastructure support services star May Gurney expects to achieve 'the top end of market expectations' for the full year, following a strong first half indeed. Despite the uncertain economic backdrop, May Gurney continues to showcase its defensive qualities, which stem from the provision of essential maintenance and enhancement services to long-standing clients in the public and regulated sectors. A strong performance was delivered during the half to September, reflecting organic growth, the delivery of contracts in the rail sector as well as a good performance in the highways space, helped by dry summer weather conditions. For May Gurney, this was yet another half of contract wins and extensions, including work secured with West Oxfordshire District Council, Northumbrian Water and Network Rail, as well as an extension to its long-standing street lighting tie-up with the London Borough of Waltham Forest. Enticingly, May Gurney, with £1.4bn of solid orders in the bag, giving excellent earnings visibility and more than 95% of its business represented by long-term contracts, is hopeful of winning additional water sector work, with many deals currently up for grabs. Philip Fellowes-Prynne, the group's astute CEO, believes May Gurney is well placed to profit during this age of austerity, as it is 'already providing innovative, efficient and cost effective' solutions to clients, bang in line with the Government agenda. Set to unveil interims in December, May Gurney is forecast to grow profits from £21.6m to £23m in the year to March, producing earnings of 23.4p, with a 5.9p dividend on the cards. Originally backed by Growth Company Investor at 307.5p in 2007, the shares remain significantly undervalued. |
Posted at 18/6/2010 18:16 by simon gordon Tempus - 3/6/10:With a name like Philip Fellowes-Prynne, the chief executive of May Gurney sounds like a bastion of the officer class. In fact, the down-to-earth North Easterner likes nothing more than deploying his 4,300 frontline staff to get down and dirty, cleaning public lavatories, sorting out sewerage, filling in potholes and keeping the street lights on. May Gurney is in the business of delivering maintenance services to utilities and the public sector. However, exposure to that latter customer base has in recent weeks spooked investors, who hear talk of nothing but public sector cuts from the Government. Mr Fellowes-Prynne draws this parallel: "When you cannot afford a new home, you invest in maintaining [the one you have]. We are in that maintenance end of that market." His point is that his business is not in the big capital projects that are likely to feel the brunt of cuts but in long-term maintenance contracts with councils. In the year to March 31, this delivered a 3 per cent rise in revenues to £483 million, with underlying profits rising 7 per cent to £21.6 million as margins grew from 5 per cent to 5.2 per cent. The dividend is also up, 9 per cent higher at 3.7p. Opportunities, the company says, are abundant as councils and utilities outsource services to cut back operating costs. Tempus was a buyer of the May Gurney story in January when the shares stood at 263p. Last night, they closed unchanged at 203p, having fallen largely because of the political climate. That puts the stock on a forward earnings multiple of about nine, an appreciable discount to peers in the support services sector. Holders of the shares should continue to add on ongoing weakness. |
Posted at 24/2/2010 10:06 by investinggarden Strong buy recommendation from Growth Company Investor |
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