MAY Gurney Share Discussion Threads

[doc robinson] 06/9/2012 09:05

must be a takeover taget now fundemental business sound

[doc robinson] 06/9/2012 09:05

must be a takeover taget now fundemental business sound

[doc robinson] 06/9/2012 09:05

must be a takeover taget now fundemental business sound

[mctmct] 06/9/2012 08:42

Jonwig - I've been meaning to ask: do you know a good way to benefit from a fall in the Euro?

mct

[monis] 06/9/2012 08:28

drop looks overdone to me as well imo dyor.

[targatarga] 06/9/2012 08:18

narrow spread..... watch it disappear in the coming days!

[pwhite73] 06/9/2012 08:11

The fall is well overdone. Read the update.

[essentialinvestor] 06/9/2012 07:38

Not looking too saintly today

[jonwig] 06/9/2012 07:35

Well, well, stuff happens!

Bad luck on holders here, but at first sight it appears to be management failings at top level: operational and financial control.

I haven't looked at the numbers here for years, but these support services companies never carry a lot of fat on their balance sheets - let's hope they have enough for the lean times ahead.

Question is, will they secure decent contracts now? Or are they tainted, a bit like G4S for different reasons.

EDIT: as recently as 24 July (AGM) they gave no indication of problems. But these didn't come out of the blue.

[ssords] 12/6/2012 13:26

excellent results defying the doubters. This continues to be a good share to hold
ssord

[mctmct] 26/4/2012 09:16

The Directors are not implying such problems, and they ought to have the clearest view.

[red ninja] 19/4/2012 15:10

Worries of more bad news to come ?

[targatarga] 19/4/2012 14:58

statement of 29th march looked okay.... Forced seller?

[vulgaris] 19/4/2012 14:44

Even for an industry under pressure, this chart is turning deeply ugly.

Any insights?

[readytotrade] 12/1/2012 07:21

The Times
Deal of the day:

[energeticbacker] 07/10/2011 12:01

This is a cracking AIM company that keeps on delivering. Latest commentary at www.investorschampion.com

[red ninja] 11/7/2011 20:10

UK analyst e-mail:
May Gurney Integrated Services (MAYG) retained a "buy" recommendation from Brewin Dolphin with a target price of 338p. The support services provider had a strong start to the year as a result of increased government funding and future prospects are bright, says the broker, such as being the preferred bidder for a 96 million pound, seven year street maintenance contract. Furthermore, Brewin approves of the companies ability to diversify and reduce its dependence on the public sector, which is expected to increase spending cuts. Shares in May Gurney descended 4p to 280p.

[connor23] 14/6/2011 18:34

Seems pretty quiet here, but everything looks rather good. Only bought in recently unfortunately, but looks cheap to me, and I like the possible cross selling opportunities in Scotland as a result of the Turriff deal. Nice low rating, rock solid balance sheet and a divi to boot. Lovely!

[ssords] 02/6/2011 17:20

As support for my earlier reco. this share see the results just out. Must be one of the strongest BS around plus excellent forward order book.
Ssord

[mrangry2] 02/6/2011 11:20

Recommended in today's Telegraph

[ssords] 30/3/2011 15:31

Somerset yes a poor performance. But it is the exception that proves the rule. And with MG for the rule see their initial statement on previous year results/coming year forecast, their order book, cash position, acquisition of Turriff. These shares could well double (DYOR)in next 12 months.
ssords

[alter ego] 16/3/2011 09:57

Red, yes and the "no worse than anyone else" justification doesn't really make MAYG appeal to me. Good companies should be good at what they do despite bad weather. MAYG were all over the shop, nobody including the council knew what was happening.

[apad] 16/3/2011 08:50

The winter was bound to be disruptive.
The share rise catchup has recently been followed by a bit of a dive.
The house magazine is scary propaganda.
Contract flow is reassuring. Somerset is not reassuring.

Fool shows these shareholdings, which are different from above.
Notifier Holding
David Sterry 6,758,800
Timothy Ross 200,000
Philip Fellowes-Prynne 29,500
Andrew John Walker 7,500

Feeling twitchy.
apad