Share Name Share Symbol Market Type Share ISIN Share Description
McCarthy & Stone LSE:MCS London Ordinary Share GB00BYNVD082 ORD 8P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.10p -0.07% 135.00p 134.70p 135.00p 135.10p 132.80p 134.30p 108,749 10:39:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 660.9 92.1 13.8 9.8 725.38

McCarthy & Stone Share Discussion Threads

Showing 426 to 449 of 450 messages
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
DateSubjectAuthorDiscuss
21/2/2018
14:26
Real shocker to see this at 132p. Sold out a good while ago but got to be value down here surely. Wait and watch the next newsflow, things can't really be this bad.
its the oxman
20/2/2018
16:31
In free fall - chart looks awful
gswredland
20/2/2018
16:30
Thanks speed
gswredland
20/2/2018
12:58
they have fallen too much something is afoot here unfortunately......
finkie
20/2/2018
11:20
Me too. Thankfully just a small stake for me. Annoying none the less. I won't be tempted to top up at these prices. Just a case of patiently waiting.
crystball
20/2/2018
10:56
Why the drop???? Ongoing ground rent uncertainty???? Big loser for me these boys at the moment :-(
finkie
19/2/2018
12:29
Interim Results due start of April
speedsgh
19/2/2018
12:21
When do they report please?
gswredland
13/2/2018
19:29
Write up on MCS in today's Tempus column in The Times with a SELL recommendation... HTTPS://www.thetimes.co.uk/edition/business/backing-the-future-looks-so-bright-0j5nq273k
speedsgh
25/1/2018
11:54
Peel Hunt: McCarty & Stone faces near-term worries - HTTP://citywire.co.uk/money/the-expert-view-fevertree-jd-wetherspoon-and-wh-smith/a1086455#i=6 McCarthy & Stone (MCS) is growing steadily but uncertainties around ground rents continue to dog the housebuilder, says Peel Hunt. Analyst Clyde Lewis retained his ‘buy’ recommendation and reduced his target price from 205p to 185p. The shares were trading at 144p yesterday. Lewis said there was ‘good momentum’ when it came to site openings and the order book was up 13% but the timing of completions will be weighted towards the second half of the year. ‘There is still no clarity on the timing and extent of the government’s proposed ban on ground rents,’ he said. ‘Overall, we have reduced our top-end forecasts, bringing full-year 2018 in line with current consensus and making c.9% reductions to full-year 2019 and 2020 profit before tax.’ He added that the ‘long-term growth story…remains intact, but near term uncertainties persist’.
speedsgh
19/1/2018
20:44
Yes but it’s way over done
jopper74
19/1/2018
14:15
Mainly the ground rent uncertainty at the moment.
argylerich
19/1/2018
13:17
Really disappointing share this one.......good steady growth company so don't understand why its share price is below the 220 mark
jopper74
04/1/2018
15:27
There's a fair bit of blurb on the FAQs section of their website: hxxps://www.mccarthyandstone.co.uk/faq/
argylerich
04/1/2018
14:32
"Its retirement apartment model incorporates an annual leasehold ground rent charge to ensure that the long term maintenance of the development is effectively managed on behalf of elderly homeowners who have less desire to be directly involved in this activity. These ground rents have been long-established on fair and consistent terms, with rental growth linked to the higher of 2% or RPI. McCarthy & Stone has fully disclosed its practice of aggregating and selling forward its freehold reversions. This is a profit stream which is recognised in the price at which the Group bids for land; funds the communal areas and facilities so critical in a retirement development; and enables the pricing of its apartments to remain affordable. " In my opinion, this statement is misleading. The long term maintenance of developments is funded by the service charge, not by ground rents. They sell off the ground rents, and the buyers of the FRI have no involvement in carrying out short or long term maintenance. The part about funding the communal areas is also misleading. The land appraisal model of course factors in the revenue from FRI. ANd in some ways the communal areas can be thought of as reduced revenue, in that they take up space that is not saleable. But the maintenance of the communal areas is funded again by the service charge, which is entirely separate from the ground rent. This looks like an unvaliant attempt to defend the indefensible. The Government is right on this, ground rents need to be reduced to zero or peppercorn levels. The really bad news for MCS, that they haven't really commented upon, is the £33m they were expecting this FY won't be coming in as positive cash flow, and a similar level of cash flow will be missing from future years. This will impact the rate of growth they can achieve by quite a significant amount imho.
7kiwi
04/1/2018
09:02
Ex divi today, kinda exaggerates what's been happening since the Govt announcement. Goldman's update the other day probably didn't help either. On the plus side it provides a handy price dip for the divi reinvestment.
argylerich
21/12/2017
09:43
finkie..try reading the rns
miti 1000
21/12/2017
09:34
top up opportunity. IMHO.
mfhmfh
21/12/2017
09:18
http://www.telegraph.co.uk/business/2017/12/21/government-announces-ban-new-leasehold-houses-crackdown-feudal/ It seems an over reaction other Housebuilders down only marginally and the article specifically says it will exclude properties with shared services ie blocks of flats! It also says it will not affect the delivery of retirement housing..... I don’t understand why the shares are down 10% therefore today?
finkie
21/12/2017
08:18
I admit I certainly wasn't aware! Logically they should have a good case for exemption...
skyship
21/12/2017
08:10
Interesting market response (-12% in 10 minutes) to the comment about ground rents and selling forward of the freehold reversions. Perhaps suggests that shareholders weren't as aware of the issue as the company supposed?
emptyend
01/12/2017
15:01
free stock charts from uk.advfn.com
skyship
01/12/2017
10:53
Hi again speedsgh - we seem to follow many of the same stocks - CRST, INL, LMP, MCS, NRR, PCTN.... Have been watching these for some time; finally bought a few this morning @ 163.85p. Only a small allocation as I see them as a trading spec rather than an investment - though I perhaps should rethink that! Personally I feel the brand is so iconic that they could well find themselves a bid target from one of the major house-builders looking to grow their Retirement division. Chart looks great for a run back to the 190s.
skyship
30/11/2017
12:59
FWIW... Deutsche Bank issues a broker note on McCarthy Stone Plc - HTTPS://www.investegate.co.uk/News/broker-forecast---deutsche-bank-issues-a-broker-note-on-mccarthy-stone-plc/775334/ Deutsche Bank today reaffirms its buy investment rating on McCarthy Stone Plc (LON:MCS) and raised its price target to 219p (from 211p).
speedsgh
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