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Share Name Share Symbol Market Type Share ISIN Share Description
Meggitt Plc LSE:MGGT London Ordinary Share GB0005758098 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 0.13% 752.00 752.00 752.40 753.00 748.20 748.20 645,338 16:29:50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Aerospace & Defence 1,684.1 -334.0 -40.4 - 5,875

Meggitt Share Discussion Threads

Showing 476 to 500 of 700 messages
Chat Pages: 28  27  26  25  24  23  22  21  20  19  18  17  Older
DateSubjectAuthorDiscuss
13/1/2015
16:12
Meggit is featured in today's ADVFN podcast. To listen click here> http://bit.ly/ADVFN0106 In today's podcast: - Alan Green CEO of TradersOwn.co.uk will be chatting about Quinell, Tesco and Entertainment One. Alan on Twitter is @TradersOwn - And the micro and macro news including: Quindell #QPP Tesco #TSCO Entertainment One #ETO Afren #AFR Greggs #GRG ASOS #ASC Pace #PIC SIG #SHI Debenhams #DEB Meggitt #MGGT Michael Page #MPI Spire Healthcare Group Morrison #MRW Standard Chartered #STAN Ashmore Group #ASHM Big Yellow Group #BYG UK Mail Group #UKM Carr's Milling Industries #CRM Antofagasta #ANTO Debenhams #DEB Cineworld Group #CINE Kazakhmys #KAZ Every Tuesday is Ten Bagger Tuesday on the podcast. If you know of a stock, whose share price has the potential to increase ten fold, just click the link below. Ten Bagger Tuesday (All it involves is filling out a form that will take you around 5 minutes and you don't personally appear on the podcast). Once a week, on a Friday, I feature a tip from a listener to this podcast, if you'd like to suggest a stock click the link below: Suggest a stock (Again all it involves is filling out a form that will take you around 5 minutes and you don't personally appear on the podcast). You can subscribe to this podcast in iTunes by clicking HERE To follow me on Twitter click HERE As a listener to the ADVFN podcast you can take advantage of some exclusive first year discounts on popular subscriptions: Bronze - £50 (normally £73.82/year) Silver - £145 (normally £173.71/year) Level 2 - £350 (normally £472.94/year) Call 0207 0700 961 and ask for the ADVFN Podcast discount to take advantage of these reduced rates or just CLICK HERE for more information. Please DO NOT buy any stock recommended in this podcast basely solely on what you hear. The opinions in this podcasts are just that, opinions. Please do you own research before investing. Justin    
jeffcranbounre
06/1/2015
18:49
Meggit is mentioned in today's (06/01/15) ADVFN podcast. To listen to the podcast click here> http://bit.ly/ADVFN101 In today's podcast: - Alan Green CEO of TradersOwn.co.uk chats about Nanoco and Game Digital. Alan on Twitter is @TradersOwn - And the micro and macro news including: Nanoco #NANO Tesco #TSCO TERN #TERN Game Digital #GMD Ultrasis #ULT Rolls-Royce #RR. LondonMetric #LMT Hunting #HTG Meggitt #MGGT BP #BP. Royal Dutch Shell #RDSB Galliford Try #GFRD Senior #SNR Bunzl #BNZL Morrisons #MRW Sainbury’s #SBRY LGO energy #LGO AVEVA #AVV Indivior #INDV Northgate #NTG Cineworld Group #CINE Every Tuesday is Ten Bagger Tuesday on the podcast. If you know of a stock, whose share price has the potential to increase ten fold, just click the link below. Ten Bagger Tuesday (All it involves is filling out a form that will take you around 5 minutes and you don't personally appear on the podcast). Once a week, on a Friday, I feature a tip from a listener to this podcast, if you'd like to suggest a stock click the link below: Suggest a stock (Again all it involves is filling out a form that will take you around 5 minutes and you don't personally appear on the podcast). You can subscribe to this podcast in iTunes by clicking HERE To follow me on Twitter click HERE As a listener to the ADVFN podcast you can take advantage of some exclusive first year discounts on popular subscriptions: Bronze - £50 (normally £73.82/year) Silver - £145 (normally £173.71/year) Level 2 - £350 (normally £472.94/year) Call 0207 0700 961 and ask for the ADVFN Podcast discount to take advantage of these reduced rates or just CLICK HERE for more information. Please DO NOT buy any stock recommended in this podcast basely solely on what you hear. The opinions in this podcasts are just that, opinions. Please do you own research before investing. Justin
jeffcranbounre
27/8/2014
14:41
Megitt (MGGT): 460p -550p range still in force. - See more at: http://www.tiptv.co.uk/#sthash.HN8vLdWq.dpuf
tiptv1
16/7/2014
10:09
be interesting to see if the FT or other, can find sources other than the chatter at Farn.
abcd1234
16/7/2014
08:55
Meggitt bid may be set to take off after revived rumours fly around at Farnborough Air Show Http://www.thisismoney.co.uk/money/markets/article-2693227/MARKET-REPORT-Meggitt-bid-set-off.html#ixzz37cFKump3
football
10/6/2014
15:50
According to toplists this has been a constant gainer for the past 10 days -as evidenced by the charts.Was looking oversold compared with peers such as Senior so now trading more in line. Quality company.
meijiman
15/4/2014
12:44
not a lot of action here! suprised that with strength of sterling , MGGT is not looking for further aquisitions, Curtiss-Wright would be a good fit!
rogerrail
12/3/2014
21:37
thanks hjs
el chupacabra
12/3/2014
15:18
El Chupa X-div today @ 8.80pence
hjs
12/3/2014
10:25
i know support is here at 449
el chupacabra
12/3/2014
10:24
did this go x-dividend today? or is it Friday? or neither lol anyone?
el chupacabra
12/3/2014
10:05
Can't see why this fallen so far so fast. now looking rather oversold i think.
meijiman
06/3/2014
15:07
Can this drop any further?
hrpatel
11/12/2013
08:14
in the short term possible restructuring within European aerospace industry 13,feb, RR taken a bit of a battering, buying ops when the dust settles nai
mike24
06/11/2013
16:21
Buy tip www.shareprophets.advfn.com/views/2346/meggitt-interims-still-a-buy-at-50225p
phoenix1234
01/11/2013
12:47
FT Alphaville comment: Meggitt PLC (MGGT:LSE): Last: 514.50, down 58 (-10.13%), High: 535.50, Low: 509.50, Volume: 2.74m BE On the first read it looks like a quarter of turbulence. BE Production difficulties at Sensing Systems, delays in one of the energy businesses, plus FX BE Which is all the kind of thing that can be fixed. BE More interesting - or worrying - is that aftermarket up just 2% in the quarter. BE It's meant to trend at about 9%. BE This is likely to be because of Meggitt's reliance on corporate jets and suchlike, which make up half of aftermarket sales. BE And it seems that the corporate jet is in decline, partly because of fuel prices. BE Cazenove's very good on the theme this morning. BE We are cutting our 2013-2016E (Meggitt defined) EPS by 5%/8%/8%/9% reflecting weaker civil aero aftermarket growth (our main concern), product quality issues (should be temporary), and a weaker US$. We also lower our target P/E multiple to 13.4x from 14x, given we project lower trend organic sales growth (4-5% pa from 2014-2017, vs Meggitt target of 6-7%). As a result our Dec-14 multiples-based PT is cut 11% to 555p from 625p. PM Oh no! BE · Weak civil aero (CA) aftermarket growth is main issue: Over the last several years Meggitt has told investors that its trend organic growth in the CA aftermarket is 8-9%. We believe that its 2014-2017 trend growth is more likely to be c5% because we believe older aircraft are being retired earlier (due to the high fuel price) and Meggitt has a higher than average exposure to these older planes. In 2012 Meggitt's organic CA aftermarket sales growth was -1% and for 2103 we now forecast c+2%. Wedo expect a recovery to the c5% trend level from 2014-2017 as 2012-2013 growth was also hit by a 'mini-cyclical' downturn,which we think has largely passed. · Product quality issue should be temporary: Meggitt Sensing Systems has uncovered a batch of faulty raw materials delivered in 2012 and this has meant it has been unable to ship equipment for new civil aircraft and forthe energy market. As a result we forecast Meggitt's group organic growth in 2013 is likely to be 1.4% yoy, down from our previous forecast of 3.4%. From 2014-2017 we expect group organic growth of 4.6%, vs Meggitt's guidance of 6-7% trend organic growth. BE · Cutting 2013-2016E clean EPS by 16%/12%/11%/12%: In common with most of the civil aero companies we follow, Meggitt capitalises a lot of costs and excludes its pension finance charge from its underlying EPS, 'overstating' EPS by c15-20% pa from 2014-2017E. In 2013 it will also take a £14m restructuring charge below the line. With today's IMS Meggitt said it will now take a charge of £20m for the faulty raw materials referred to above. We have assumed this is taken as an exceptional charge, although we would deem it operational. Table 1 overleaf shows the reconciliation between the Meggitt defined EPS and J.P.Morgan defined 'clean'EPS. BE Though, once again, we have the "is it in the price" argument. BE Meggitt may be in the wrong bit of the market, but it's cheap already. BE Or, rather, it's cheap relative to a very expensive sector. BE Here's RBC's new numbers. BE EPS and target price We've cut our 2013 EPS forecast from 41p to 37p (factoring in the £20m charge), and taken 2014 from 44p to 42p. Our target price goes from 650p to 620p, and still includes a 10% discount to our SoTP valuation (14.4x 2014/15 P/E). BE Still the cheapest aero aftermarket play Even after our earnings adjustments, which we expect to be reflected in consensus forecasts, we still have Meggitt as the cheapest aero aftermarket name in our global coverage (12.6x 2014 P/E). We would note that two of the three issues highlighted in the 2013 revenue cut are not recurring, whilst FX translation (vs the US$) is an inherent issue across the European sector. The aero aftermarket by its very nature is unpredictable, and generally not linear in its progress – but the underlying drivers still point to improvement going forward. We think this makes Meggitt a compelling story. http://ftalphaville.ft.com/marketslive/2013-11-01/
philanderer
01/11/2013
11:44
Might not be a bad thing to buy some of these, they have a lot of good prospects as far as I know.
restriction
01/11/2013
09:07
Yes and its a negative. I'm not a holder but wondering whether to buy in here post the warning. Its not entirely clear.
meijiman
31/10/2013
22:21
Reporting tomorrow.
broadwood
20/8/2013
17:14
I guessed someone had upgraded as there was strength from the off today. Investec Meggitt PLC 20/08/2013 Upgrades Add Buy 1 535.00 600.00 532.50 65 2
broadwood
06/8/2013
19:44
Surprised this didn't go up today. But it will. Meggitt targets energy deal as it sees key market recover Meggitt said it had at least £500m of firepower for acquisitions as it posted an underlying 7pc rise in half-year profits and flagged the start of a recovery in crucial after-market sales The aerospace and defence components group, whose braking systems, wheels and other equipment are found on 60,000 aircraft, is chiefly examining buys for its burgeoning energy division. "At the moment we have grown half a leg, we'd like to turn that into a full leg," said chief executive Stephen Young of an energy wing that increased first-half sales by 22pc to £83.6m. "We could spend quite a few hundreds of millions – a £500m deal would be very comfortable but there's nothing on the horizon at the moment." The energy division, which supplies valves and condition monitoring equipment to power generators and heat exchangers used primarily in the oil and gas sector, is currently dwarfed by Meggitt's core civil aerospace and military arms. Record order books at Boeing and Airbus helped raise revenues from new aircraft component orders by an underlying 15pc to £153m. But Meggitt makes most of its money in the after-market, where a recent trend towards airline destocking has hit sales. Although underlying after-market sales rose just 1pc during the last half to £213m, analysts were heartened by a recent pick-up, with Andrew Gollan at Investec saying: "The all-important civil after-market is trending positively after a weak first quarter." Mr Young, the former finance director who took over from his retiring predecessor Terry Twigger in May, said: "I've been in this industry for 10 years and destocking typically lasts 12 to 18 months. We are 15 months into the current round. We think the after-market is improving and people in the same space are saying the same thing." Mr Young added that the business jet market looked stronger too, though cracking China remained the key. "China's got 100 business jets. It should have thousands," he said. Meggitt's civil aerospace wing is also benefiting from a couple of recent big contract wins, notably a $50m (£32.5m) fire-protection order for the Irkut MC-21 aircraft and a deal for the fuel containment system for Sikorsky S-92 commercial helicopters – a more valuable, though undisclosed, contract. The FTSE 250 company's toughest market remains its military arm, where the shrinking US defence market accounts for 63pc of sales. Mr Young said the division was "holding up well", despite "sequestration" in America, which has led to a mandatory 10pc cut in the US defence budget. "Military is down 1pc," he said of a first-half that saw underlying sales come in at £305m. "We think we have seen a little bit of an impact from sequestration," he said, highlighting "slower, smaller orders" in Meggitt's training, helicopter and ground vehicles markets. "US military sales are 23pc of group sales. Sequestration is supposed to be 10pc off every line. So I think the impact of sequestration will be 2pc of sales. I think civil aerospace will more than compensate for that." Reported group profits were flat at £122m – though 7pc higher after adjusting for one-off charges –on sales up 4pc to £810m. The group confirmed full-year profits guidance. Showing "ongoing confidence in our end markets", Meggitt also raised the interim dividend by 10pc to 3.95p. Robert Stallard at RBC Capital Markets said: "We are encouraged to see a return to growth in the aero after-market in the second quarter and only a modest decline in defence despite the Department of Defence budget pressures." Mr Young played down talk that Meggitt was a takeover target. "We've been on the top five takeover target lists for the 10 years I've been at Meggitt," he said. "But by the time you stick a premium on it, that's quite a large number and while people may want some businesses, they don't necessarily want all of them."
broadwood
06/8/2013
07:19
FLASH: Meggitt confirms Irkut, Sikorsky contract wins and ups divi
broadwood
06/8/2013
07:07
This'll do nicely. The business delivered top line growth in line with our expectations in the first half, with particularly strong performances in the civil OE and energy markets. Military held up well given the challenging budgetary environment, and we have seen a modest recovery in the civil aftermarket in the second quarter. The work we are undertaking as part of the raising the bar programme, focusing the Group on achieving world-class operations and programme management, underpins our confidence in delivering further strong growth
broadwood
05/8/2013
18:25
Keep scratching my head with MGGT, one of my longest held shares. Early this year all the analysts downgraded their price targets and the share has soared ever since. I guess it goes to show that you should always take analyst views with a pinch of salt.
lomcovaks
05/8/2013
17:18
Results tomorrow.
broadwood
Chat Pages: 28  27  26  25  24  23  22  21  20  19  18  17  Older
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