Find Your Broker
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
  +0.90p +0.65% 139.80p 139.50p 139.70p 141.80p 138.40p 141.80p 335,600 13:39:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 671.6 58.1 8.6 16.3 751.17

McCarthy & Stone Share Discussion Threads

Showing 476 to 500 of 500 messages
Chat Pages: 20  19  18  17  16  15  14  13  12  11  10  9  Older
DateSubjectAuthorDiscuss
16/11/2018
06:25
And after the good news comes the Brexit fiasco I’m out
gswredland
14/11/2018
10:31
McCarthy & Stone undervalued, says Peel Hunt - HTTPS://citywire.co.uk/funds-insider/news/the-expert-view-vodafone-experian-bandm-and-mccarthy-and-stone/a1175440#i=6 The ‘transformation plan’ at retirement property developer McCarthy & Stone (MCS) should reduce costs and improve the offering, says Peel Hunt. Analyst Clyde Lewis retained his ‘buy’ recommendation and increased his target price from 150p to 160p. The shares rose a penny to 136.9p yesterday. ‘The final results aren’t any different from expectations. The focus is on the transformation plan which should deliver sizeable cost reductions as well as the improved offering for customers,’ said Lewis. He said the shares had ‘bounced sharply’ in the last three months but in valuation terms were ‘trading on a price/net asset (P/NAV) value of one times… which reflects the recent weak trading and leasehold uncertainty’. ‘Given the changes underway as well as the positive outlook for retirement leases, we think the shares should trade on P/NAV of circa 1.2 times.’
speedsgh
17/10/2018
10:53
Tempus column in today's Times... "Shares are good value, but there are numerous worries in housing, even in the retirement market. HOLD" HTTPS://www.thetimes.co.uk/article/how-fast-from-sell-to-hold-to-buy-8rgcm6tqx
speedsgh
17/10/2018
10:41
Numis: McCarthy risks reduced - HTTPS://citywire.co.uk/money/the-expert-view-merlin-ocado-and-bellway/a1165779#i=5 Risks around retirement home developer McCarthy & Stone (MCS) have ‘materially reduced’ after a government paper regarding a ground rent cap excluded retirement housebuilders. Analyst Chris Millington retained his ‘hold’ recommendation and increased the target price of 130p on the stock, which was trading up 5.9%, or 7.6p, at 134p. The government paper on leasehold reform and capping ground rents has proposed to exempt retirement housebuilders as the sector offers communal livings spaces that are not covered by freehold sales. The rationale is that capping ground rent on communal spaces would ‘result in higher prices for customers and lower level of output’. ‘This is a major positive for McCarthy and the wider sector, although the detail of the exemption will have to be known before we are able to assess the financial implications fully,’ said Millington. ‘The risks around McCarthy have materially reduced as result of this proposal.’
speedsgh
15/10/2018
17:39
MHCLG’s proposal out. Should hopefully bounce tomorrow. Suspect this’ll have taken a significant amount of lobbying, so the MCS mgmt deserve credit for the outcome.
techno20
25/9/2018
09:28
wow peel suggesting 10% upside on MCS awesome guys......
finkie
25/9/2018
09:02
Peel Hunt are joint corporate broker to MCS... HTTPS://www.investegate.co.uk/News/broker-forecast---peel-hunt-issues-a-broker-note-on-mccarthy-stone-plc/839286/ Peel Hunt today reaffirms its buy investment rating on McCarthy Stone Plc (LON:MCS) and raised its price target to 150p (from 135p)
speedsgh
25/9/2018
09:00
FY19-FY23 Business transformation strategy - HTTPS://www.investegate.co.uk/mccarthy---38--stone-plc--mcs-/rns/fy19-fy23-business-transformation-strategy/201809250700207866B/ Since the Company's IPO in November 2015 the business has faced a number of market headwinds including political uncertainty following the outcome of the vote to leave the European Union and a lack of Government support for the retirement housebuilding sector. These headwinds have resulted in a challenging economic backdrop, lowering consumer confidence and consequently reducing volumes in the secondary housing market with UK housing transactions showing a decline of c. 40% since 2015. The Board announced earlier this year that it would be undertaking a strategic review and is today announcing the results of that review which will position the business to succeed in this more challenging market environment... Directorate Change - HTTPS://www.investegate.co.uk/mccarthy---38--stone-plc--mcs-/rns/directorate-change/201809250701017867B/ McCarthy & Stone (the 'Group'), the UK's leading developer and manager of retirement communities today announces the appointment of John Tonkiss as Chief Executive Officer (CEO). He will take the role with immediate effect. The appointment follows a formal search process to appoint a replacement CEO, which has been led by Paul Lester, Chairman of the Group and which considered both internal and external candidates for the role. John has been interim CEO of McCarthy & Stone since 1 September 2018, following Clive Fenton's retirement on 31 August 2018. Prior to this, John was the Group's Chief Operating Officer...
speedsgh
06/9/2018
08:07
Full Year 2018 Trading Update - HTTPS://www.investegate.co.uk/mccarthy---38--stone-plc--mcs-/rns/full-year-2018-trading-update/201809060700039155Z/ · Full year revenue is expected to be c.£670m (2017: £661m) supported by a 10% increase in average selling price to c.£300k (2017: £273k) reflecting continuing improvements in the sales mix, as well as quality and location of our developments. · The Group achieved total legal completions of 2,134 units (2017: 2,302) during the period, with volumes and operating profit constrained, as expected, by the heavy H2 weighting of first occupations, continuing economic uncertainty coupled with a slower secondary market and a softening of pricing, particularly in the South, during the second half of the year. · The Group's sale of the Freehold Reversionary Interests was successfully completed in August with a total cash value of c.£25m. · Operating profit for the year is now expected to be within the current analyst forecast range of c.£65m to c.£73m (2017 operating profit: £96m). · Year end net cash is expected to be c.£4m (2017: net cash of £31m). · The Group delivered 68 first occupations during the year, representing a substantial increase on 49 first occupations in 2017. · Year end forward order book is currently c.23% ahead of prior year at c.£174m (2017: £141m) supported by 69 sales releases during the year (2017: 52). · In response to the uncertainty resulting from the Government's announcement on ground rents, the Group exercised additional caution throughout the year with 54 land exchanges (2017: 75) and 37 planning consents (2017: 64) achieved during the period. This lower level of activity is the result of a more measured approach to land buying and further time taken to renegotiate s.106 contributions with local planning authorities in order to partially mitigate the potential impact of zero-rating future ground rents on new build properties. John Tonkiss, Interim Chief Executive Officer commented: "It has been a tough year for the Group with ongoing adverse market conditions continuing to impact the business, and without the benefit of any additional Government support for the retirement housing sector. Build delivery remained strong, however, with 68 (2017: 49) high-quality developments brought to market during the year. "In light of the continuing challenging market conditions, the Group began a review of its strategy in April. As previously announced, our strategic focus will be on pursuing a more measured trajectory and smoothing our workflow to create a more efficient business. This will naturally lead to a right-sizing of our cost base, with build cost savings being a key area of focus. Additionally, we are continuing to trial a number of strategic initiatives designed to increase customer appeal and offer a broader choice of tenure options, increased flexibility and affordability. We will provide the market with more detail on this at our Strategy Update later this month. "We are continuing to engage with Government in an effort to secure an exemption from the proposed changes to ground rents. We believe that there is a strong case for a specific exemption for the retirement housebuilding sector and we are awaiting clarification on this matter. Until this is received, we continue our planning to try and mitigate the potential impact on the business, including maintaining discipline around our cash position and adopting a more measured approach to securing land.
speedsgh
21/8/2018
12:32
they will be yes
finkie
13/8/2018
16:34
Are they insured for this?
crystball
13/8/2018
15:34
Quite literally demolition to the tune of £4m -https://www.bbc.co.uk/news/uk-england-beds-bucks-herts-45167570
tallprawn
13/8/2018
12:51
Demolition
pillion
31/7/2018
13:50
108p +1.80p There is volume as the share price slowly has been moving higher, but today is having a spike as it broke 107.50p the last resistance as Intraday high during the last 10 days The charts at ADVFN are not working properly, especially on the volume side, other places show as 4.2M
master rsi
19/7/2018
11:51
On the bounce today, as there is plenty of volume now 10M. There was a 4.19M @ 101.90p sell that found buyers on 3 lots at 102.70p, must be the last of an Institution
master rsi
27/6/2018
15:09
Wow. Trading below 100p.
7kiwi
22/6/2018
05:58
Interesting to not that whilst the uk gov want to ban the use of ground rents and throw a spanner in the works for mcs over in oz the two larger equivalents to mcs being ingenia and gty both operate on a land lease model where the old person gets to buy a home at a cheaper price and owns the house but has to pay rent for the land it sits on, kind of a leveraged version of ground rent, but everyone seems happy with it as they dont need to get a mortgage...uk gov meddling is not really helping either party here ...
catsick
21/6/2018
16:53
Canada... one of the most bubblishous housing markets fed easy money through shadow banking because the major banks have tighter standards Canada Pension Plan Investment Board is probably overexposed to property like other Canadian pension funds that have doubled exposure since 2013 hTtps://www.ft.com/content/8cb9f0fa-0a61-11e8-839d-41ca06376bf2
muffinhead
21/6/2018
10:48
Canada Pension Plan Investment Board reduce holding below notifiable threshold from 5.41% to 2.5%... Holding(s) in Company - HTTPS://www.investegate.co.uk/mccarthy---38--stone-plc--mcs-/rns/holding-s--in-company/201806211050051432S/
speedsgh
21/6/2018
09:19
FWIW this is IC's take following the profit warning... McCarthy & Stone hit by softening house prices - HTTPS://www.investorschronicle.co.uk/shares/2018/06/19/mccarthy-stone-hit-by-softening-house-prices/ ... IC VIEW: With uncertainty over leasehold legislation and no sign of an improvement in the housing market, the shares are unlikely to make any progress from here, and fell 15 per cent on the morning of this profit warning. However, with a strong balance sheet and attractive dividend, the shares, on just 0.8 times forecast net assets, look low enough. At 112p, hold.
speedsgh
21/6/2018
09:01
Prudential taking belatedly prudent action. Down from 12.01% to 9.64%. Holding(s) in Company - HTTPS://www.investegate.co.uk/mccarthy---38--stone-plc--mcs-/rns/holding-s--in-company/201806210952171229S/
speedsgh
21/6/2018
08:07
Jefferies International issues a broker note on McCarthy Stone Plc - HTTPS://www.investegate.co.uk/News/broker-forecast---jefferies-international-issues-a-broker-note-on-mccarthy-stone-plc/818952/ Jefferies International today downgrades its investment rating on McCarthy Stone Plc (LON:MCS) to hold (from buy) and cut its price target to 116p (from 267p).
speedsgh
20/6/2018
11:18
I'm not going to buy this share as don't like the business model but made a note for myself after last post 371 68p for 50% writedown on current 2017 assets ( £289k average selling price H1 2018) Cashflow issue if recession and left holding assets for sale Over 55 apartments go cheap in a recession
muffinhead
20/6/2018
10:38
Royal London Asset Management go from 5%+ to 7%+ holding... Holding(s) in Company - HTTPS://www.investegate.co.uk/mccarthy---38--stone-plc--mcs-/rns/holding-s--in-company/201806201126460036S/
speedsgh
20/6/2018
10:09
McCarthy Stone Plc Jefferies International Hold Downgrades McCarthy Stone Plc Numis Hold Reiterates McCarthy Stone Plc Deutsche Bank Buy Reiterates McCarthy Stone Plc Peel Hunt Buy Retains DB and PH keeping with the buy despite the egg on faces
argylerich
Chat Pages: 20  19  18  17  16  15  14  13  12  11  10  9  Older
Your Recent History
LSE
MCS
McCarthy &..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20190123 14:03:34