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GLE Mj Gleeson Plc

500.00
0.00 (0.00%)
Last Updated: 08:35:12
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mj Gleeson Plc LSE:GLE London Ordinary Share GB00BRKD9Z53 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 500.00 497.00 504.00 - 7,120 08:35:12
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gen Contractor-oth Residentl 345.35M 19.31M 0.3307 15.12 291.91M
Mj Gleeson Plc is listed in the Gen Contractor-oth Residentl sector of the London Stock Exchange with ticker GLE. The last closing price for Mj Gleeson was 500p. Over the last year, Mj Gleeson shares have traded in a share price range of 447.00p to 654.00p.

Mj Gleeson currently has 58,381,973 shares in issue. The market capitalisation of Mj Gleeson is £291.91 million. Mj Gleeson has a price to earnings ratio (PE ratio) of 15.12.

Mj Gleeson Share Discussion Threads

Showing 776 to 797 of 800 messages
Chat Pages: 32  31  30  29  28  27  26  25  24  23  22  21  Older
DateSubjectAuthorDiscuss
06/12/2024
12:01
In Sept 2022 they set aside 12.9m for remedial work saying it should be a one off payment.hTtps://www.yorkshirepost.co.uk/business/yorkshire-housebuilder-gleeson-sets-aside-ps13m-for-cladding-crisis-works-3846286If you look at the recent Sept results under the Chairman's statement it lays out what's still to be done.
shauney2
06/12/2024
09:37
Tempted to buy possibly. But anyone know the cladfing exposure if any here. Thx.
its the oxman
11/11/2024
13:50
Any thoughts on a bottom? It would be lovely to get another pop at 350p. The entire sector seems to be falling from favour over the short/medium term.
indiestu
11/7/2024
06:06
Good progress. Share should do very well.
siggs44
05/7/2024
07:28
Tipped this morning to do well under the new Labour Government by the Investors Chronicle.
cheshire
20/5/2024
13:52
This is having a good run at the moment!
siggs44
29/4/2024
10:38
What date of issue was this please ?Thanks
ingroid
04/4/2024
16:29
Interesting comments in IC about the land bank, and valuation, that I hadn’t considered before.
the millipede
28/3/2024
19:08
A 2 page spread on Gleeson in the Investor Chronicle magazine I received today. Very positive .
siggs44
22/3/2024
15:10
I wonder what the Chairman has overheard? I'm guessing results are going to be much better than the market anticipates. I hope so, I can't wait to ditch this boring but hopefully profitable position.
indiestu
15/2/2024
12:16
Liberum - That's a punchy target IMO particularly as they reduced this FY eps by 22% to 33p, a PE of 18x seems high (median for sector is 12). Was it 610 before the warning in Jan?.
disc0dave46
15/2/2024
08:29
I note Liberum retain target price at 610p and Singers at 590p.
cerrito
07/2/2024
09:49
Good question.Bovis and Galliford Try (now Vistry) went through okay from memory.
disc0dave46
07/2/2024
08:00
Redrow Barratt interesting move but will it be allowed?
cowie19
13/1/2024
18:32
Just seen this more upbeat view on Citywire
quote
MJ Gleeson (GLE) has announced a profit warning but Berenberg says the housebuilder and regeneration specialist is still in line with peers and can continue to win market share.

Analyst Harry Goad retained his ‘buy’ recommendation and target price of 518p on the stock, which was trading at 500p on Wednesday.

‘Profit warnings are never welcome and, while unexpected, the implied total decline in MJ Gleeson’s group margins in 2024 from the pre-crisis peak remains broadly in line with the wider UK housebuilder peer group,’ Goad said.

Over the mid-term, he said MJ Gleeson remains a top pick in the sub-sector ‘given its potential… for above-market growth’.

‘Specifically, we think its key proposition of developing good-quality family housing that is sold at prices materially below the UK market average positions it well for the current financially challenged market environment, where we think it can win market share from a new customer base over the coming years,’ he said.

cerrito
12/1/2024
10:35
Catching up here, I see that while Liberum are maintaining their target price at 610p they have reduced their eps for FY 24 and FY 25 by 22% and 26% respectively and also reduced their dividend forecasts.
Singers have reduced their target price from 626p to 590p ,reduced their forecasts by 24% and 27% for the two years but go on the basis of an unchanged dividend.

cerrito
10/1/2024
13:55
They reckon the average cost for the new building regs (June 23) is 5%.So taking glass half full, their selling price will no doubt include extra costs they haven't actually incurred by bringing starts forward..that's my take anyway.
disc0dave46
10/1/2024
12:19
Cerrito,

Gleeson aren't the only ones who brought forward "starts".

Just look at the national number of Q2 starts (see the first table via link below, Table 213)

www.gov.uk/government/statistical-data-sets/live-tables-on-house-building

lafiamma
10/1/2024
11:21
Uptrend seems to have remained intact. Guess it just wants to go up with the group. May as well ride it for 18 months.
indiestu
09/1/2024
14:24
Good luck folks. Given their broker has reduced earnings by 22% for this FY and 26% for the next im out. Luckily the recent rise has put me in profit for the first time in about 16 months.Going on broker forecasts this looks fully priced now IMO at a PE of 15x, the price to book is also above 1x. So I'm out for the time being anyway.
disc0dave46
09/1/2024
13:19
So November update they said inline with expectations and will update 11th Jan.How wrong could they have been!.
disc0dave46
09/1/2024
12:35
I had not heard of the advantages of starting a project by June 23 to avoid new building regs before, but perhaps reflects the fact that the only other builder I have shares in apart from GLE is BWY.is this something you folks have come across before?? .
All I can say is they must have v good relations with the planning departments of the councils involved to get all the conditions precedent before construction signed off so quickly ie the S106 ie The Transport Management Plan ie all the other bits of paper.
My plan this morning had been to top slice thid morning at c 530 but that obviously did not work out.

cerrito
Chat Pages: 32  31  30  29  28  27  26  25  24  23  22  21  Older

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