Mj Gleeson Share Discussion Threads

[ali47fish] 26/10/2016 15:34

why has everybody gone here!

[ali47fish] 31/8/2016 16:47

where's everybody- up 7pc today on no news?

[mctmct] 07/7/2016 13:00

Looks good. I bought today.

[lex ixtle] 06/7/2016 16:44

I think that there is still a general fear for collapse in house prices following the referendum. Based on fear for the economy generally and knock on effects such as for example mortgage funds drying up.

I believe those fears are unfounded (although I confess that I consider Brexit is a foolish and unnecessarily risky adventure which was politically motivated).

So I think the drop in the share price reflects bearish worries about the sector rather than any GLE fundamentals.

Just my personal views of course!

LI

[ali47fish] 06/7/2016 15:40

cant understand why it is down so heavily after the good update yesterday?

[firtashia] 05/7/2016 09:30

Appreciate the thinly disguised swipe at "the market and the media" in the trading statement today ;-)

[lex ixtle] 28/6/2016 08:07

I can't really see a collapse in the housing market just yet an MJG in particular is well placed to continue to do well. I would be very surprised if this year's results (year end this month) aren't very good. I reckon the CEO and other directors are seeing this as a quite understandable buying opportunity. I am sticking with this share for now and may well top up.

I would be surprised not to see a recovery in other house builder shares soon.

LI

[firtashia] 28/6/2016 07:33

CEO buying ca. £90k's worth of shares, a not insignificant amount. Seen a few director dealings (all buys) in housebuilders friday and monday.

[lew stules] 27/5/2016 14:01

One to watch, likely uplift and re-rating here IMHO.....

Plenty of land, low cost build model with room for expansion.

What's not to like?

[lex ixtle] 04/5/2016 19:58

This is pretty typical of this share in the closing months of their financial year (end June). I've seen it in previous years although I don't understand it. I'm expecting the company to have another good year (just my view but dyor).

If it follows the usual pattern and if the results are good, the CX will get out on the road and generate interest among institutional investors to push the price up so as he gets his bonus shares. That said, he will want to pull out his substantial investment sometime, and retire. Great opportunity for his successor.

I continue to hold some of these shares and intend to stay in for now.

LI

[ali47fish] 04/5/2016 19:23

where's everybody-this has been falling for a while without news even when thw otyher housebuilders are up- anyone can throw some light on this?

[scanjet17] 18/3/2016 13:05

This is probably the best house builder of all. In the north of the country it buys land and builds affordable housing - around £125k each and takes advantage of the 'Help to Buy' scheme. In the south it looks for land to acquire planning permission for. It then sells to builders.
DYOR into this company. IMHO this is an easy ride north - the company is doing everything right.
Look at the fundamentals - EBITDA rises from £24m to £34m between 2015 and 2018.... Turnover £80m to 160m during the same period.
Personally, I look for companies that are doing everything right, buy, and then enjoy the long road north. This will be a key future component.

[lex ixtle] 06/3/2016 17:42

Perhaps that is what it needs to move the price forward again. Still, shouldn't complain as it has done well over the last couple of years!

LI

[scanjet17] 06/3/2016 12:26

Tipped in today's 'Mail on Sunday'

[lex ixtle] 25/2/2016 21:58

But it would be nice to see the share value reflect that fact DJ. This is a great performing share since recovery from 2008 etc and it is in a sector which still has great potential for sustained growth - the housing shortage won't be eradicated any time soon.

[djderry] 25/2/2016 19:59

Wonderful results!

[lex ixtle] 22/2/2016 09:53

Agreed. But this share often has limited supply and there will undoubtedly be some more profit taking. Wouldn't be too surprised to see even director Chris Mills selling some again.

But medium term, still a great buy!



LI

[cestnous] 22/2/2016 09:35

Pathetic reaction up to now

[lex ixtle] 22/2/2016 07:29

Excellent!

[adorling] 22/2/2016 07:08

...RNS ....very impressive set of half yearly results for revenue, profit, dividend and cash.

MJ GLEESON PLC

Interim results for the half-year ended 31 December 2015

Gleeson (GLE.L), the urban regeneration and strategic land specialist, announces another strong performance for the six months to 31 December 2015, with a 52.1% increase in revenue, 182.5% increase in operating profit and 66.7% increase in interim dividend.

[adorling] 22/2/2016 07:06

...RNS ....very impressive set of half yearly results for revenue, profit and cash.

[lex ixtle] 18/2/2016 16:21

Really glad I decided to buy a few more!