Share Name Share Symbol Market Type Share ISIN Share Description
Mccarthy & Stone Plc LSE:MCS London Ordinary Share GB00BYNVD082 ORD 8P
  Price Change % Change Share Price Shares Traded Last Trade
  5.50 8.03% 74.00 1,893,606 16:35:29
Bid Price Offer Price High Price Low Price Open Price
74.20 74.50 74.90 68.70 72.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 725.00 43.40 6.50 11.4 398
Last Trade Time Trade Type Trade Size Trade Price Currency
17:50:27 O 9,830 74.00 GBX

Mccarthy & Stone (MCS) Latest News (1)

More Mccarthy & Stone News
Mccarthy & Stone Takeover Rumours

Mccarthy & Stone (MCS) Discussions and Chat

Mccarthy & Stone Forums and Chat

Date Time Title Posts
28/5/202016:19Early retirement for you Sir ... McCarthy and Stone451
20/10/200714:44MCS – starting to look very interesting2
14/8/200710:35Coming soon - Music Copyright Solutions66
27/1/200410:47My Chart Store-
27/1/200410:44My Chart Store-

Add a New Thread

Mccarthy & Stone (MCS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-05-28 17:30:3874.009,8307,274.20O
2020-05-28 17:30:3774.004,6643,451.36O
2020-05-28 16:51:4972.469,8307,123.11O
2020-05-28 16:43:4273.2221,51615,753.37O
2020-05-28 16:35:2974.5519,27014,364.82O
View all Mccarthy & Stone trades in real-time

Mccarthy & Stone (MCS) Top Chat Posts

Mccarthy & Stone Daily Update: Mccarthy & Stone Plc is listed in the Household Goods & Home Construction sector of the London Stock Exchange with ticker MCS. The last closing price for Mccarthy & Stone was 68.50p.
Mccarthy & Stone Plc has a 4 week average price of 63.10p and a 12 week average price of 36.54p.
The 1 year high share price is 160.20p while the 1 year low share price is currently 36.54p.
There are currently 537,699,064 shares in issue and the average daily traded volume is 1,835,169 shares. The market capitalisation of Mccarthy & Stone Plc is £397,897,307.36.
paleje: The Times had a decent piece on them this morning:- McCarthy & Stone was finally finding its way through its own crisis when coronavirus hit. In fact, after steering clear for much of last year, this column recommended buying the housebuilder’s shares in February, when the price was 149½p. They were up ½p, or 0.5 per cent, at 72½p yesterday. McCarthy & Stone is Britain’s biggest builder of retirement homes, with a share of the market of about 70 per cent. It built just over 2,300 properties last year, the average selling price for which was £308,000. The company has reinvented itself after a profits warning last year, calling a halt to an overambitious expansion drive to concentrate on sustaining margins. Crucially, its new approach is built on flexibility: customers can either rent or buy. This cushions the group from much of the vagaries of the housing market in normal times, including by making it a property manager as well as a builder. Now it has closed sites and sales offices, furloughed staff and cancelled the dividend. Government support for wages and the lack of building mean that monthly costs are low, but Peel Hunt thinks it will need its banks to waive covenant restrictions on its debts if the lockdown continues past May or June. If it persists for several months after that, it might also need to turn to shareholders for cash, the broker thinks. Given that Persimmon, Vistry and Taylor Wimpey are resuming works or are preparing to do so, it would be unsurprising if McCarthy & Stone was to follow suit in the coming weeks. The company has an attractive business model, which Covid-19 does not jeopardise. The shares, down 51 per cent this year, are also cheap. The dividend has been cancelled so there is no yield, but the shares trade for only 7.8 times Peel Hunt’s forecast earnings. While obviously a possibility, the prospect of a cash-call does look fairly remote. It’s quite risky, but the share price is an opportunity.
brwo349: At 73p this looks way cheaper than other housebuilders. Its valued at only 50% of the pre-covid share price whereas the other builders have risen much more and are valued at 60%-80% of pre-covid price.
master rsi: 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
hugepants: Yield is 5% now and discount to the tangible NAV forecast today is 15%. Not sure if that makes it worth buying. The share price graph here looks the same as the other housebuilders. If you turned it upside down.
7kiwi: Expect a bloodbath in the share price. Operating profit forecast of £65-80m. And £30m of that is FRI sales. So, underlying once the Ground Rent laws come in is £35-50m. ANd they are going to end up with net debt at the year end - when they should have max cash in the bank. Fenton gone too, and no replacement - so he was pushed.
speedsgh: MCS share price is going nowhere until the uncertainty re their exemption or otherwise from the proposed changes to ground rents is removed. I am expecting 'otherwise'. The market wants clarity. Continued "subdued conditions within the secondary market" doesn't help either. Not really much positive for the market to feed off in today's statement. Aimho.
speedsgh: Some concerted buying by the board amounting to just over £91k, although not convinced it is enough to be seen as sending a major signal. But perhaps it is an indication that the board feel that the share price has now fallen far enough & is good value as a long term buy? Director/PDMR Shareholding - HTTPS:// Recent share price action would suggest that markets believe that the company's hope that they might be exempt from the proposed changes to ground rents for the retirement housebuilding sector is a forlorn one. Rowan Baker (CFO) bought 7,341 @ 135.2p = £9,925 Jacqueline Fenton (wife of CEO) bought 30,000 @ 135.2p = £40,560 Gary Day (Land & Planning Director) bought 20,000 @ 135.2p = £27,040 Lisa Tonkiss (spouse of COO) bought 10,000 @ 135.2p = £13,520
jopper74: Really disappointing share this one.......good steady growth company so don't understand why its share price is below the 220 mark
walbrock82: For those who are lacking in McCarthy & Stone knowledge, here is how you should interpret their annual results: - 1). 2017’s results were alright with sales rising by 4% thanks to home price rising by 3%. PBT was down by 1%, as profitability fell to 16% from 20%. 2). Cash balance fell to £40.7m from £119m is mainly from paying a £28.5m dividend and repaying loans of £45m. There is no new issue of equity. 3). Although net cash profit was a negative £3.8m, this was due to a smaller increase in cash inflow from payables. And management has said H2 2017 saw a recovery in sales volume from H1 2017. Their forecast outlook makes for some interesting reading. Apparently, McCarthy & Stone acquired 3,164 plots and estimate the cost of build totals £472m, this equates to £149k per unit, down from last year £179k per unit. That would increase the homebuilder margins! And management seems to confirm this with the aim of achieving ROCE of 25% over the medium-term. So, with a 25% ROCE in say the next two to three years, then we have to assume the following: Currently, Capital Employed is around £755.5m, assuming it rises to £790m-£830m. Then, a 25% operating margin is applied giving operating profit of between £197.5m and £207.5m. Next, we deduct 20% and 2% net interest costs, then net profit range from £161.9m and £170m. Therefore, we are looking at a 2 to 3-year forward PE of between 4.98 times and 5.22 times by 2020. For full analysis of McCarthy & Stone with share price forecast, brief comparison with other homebuilders and the issue of land bank, click here Remember to always do your research.
chickenrun1: I am really surprised MCS has performed so poorly finkle. I have been a long term holder based on the ageing population being a big positive catalyst for them and perhaps it will be but the share price isn't reflecting it at the moment.
Mccarthy & Stone share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
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:20200529 05:10:57