Share Name Share Symbol Market Type Share ISIN Share Description
Molins Plc LSE:MLIN London Ordinary Share GB0005991111 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 167.50p 165.00p 170.00p 167.50p 167.50p 167.50p 20,700 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 80.1 -0.8 -3.3 - 33.78

Molins Share Discussion Threads

Showing 1426 to 1448 of 1450 messages
Chat Pages: 58  57  56  55  54  53  52  51  50  49  48  47  Older
DateSubjectAuthorDiscuss
16/1/2018
12:06
A great deal of value that will only become clear once we see what the company can make in its current state tiger
castleford tiger
16/1/2018
11:31
looking good here -still offers value
meijiman
05/1/2018
18:13
I think there is now more confidence now that they have the cash from the property sale and we now await to see what they do with the cash.
richjp
05/1/2018
17:38
Nice end of day surge & great to see it back at recent highs as we begin the "Mpac" era. As CT says, still far too cheap valued at cash.
xajorkith
03/1/2018
20:10
Sold and cash in Too cheap
castleford tiger
27/11/2017
12:23
Yes why not spread the word and get the share price motoring!
meijiman
27/11/2017
11:49
looking a bit lively today - maybe in anticipation of completing the sale of the property in Canada and having a market cap of a little above cash....
jay083
26/10/2017
13:25
You might be right richjp - maybe hubris on my part. Definitely see outstanding value here & feel 250p a fair target over the next six months or so.
xajorkith
26/10/2017
13:12
I am a long term holder and have been both amazed and delighted by the share price recovery over the last six months and possibly others in the same situation have sold out. Others who bought in at the right time have also seen a very nice return indeed in a short time period so there could be sellers there as well. I think it's a bit early to talk about 250P as I think much will depend on what acquisitions they make. For the moment I am staying in and hope to continue to ride my good fortune with this one.
richjp
26/10/2017
07:41
Not sure much stock is about at this level. Struggled to buy 10k this morning.
wilsonst1
25/10/2017
19:01
Strange to see this suddenly drop 5% or so late in the day. Following today's GDP figures, I would have thought the possibility of an imminent rise in interest rates would have been beneficial to the sp, given it's sizeable pension commitments. Either way, this appears a steal valued at little over year end cash & with a new higher growth, higher margin business forecast to deliver eps of over 10p next year. Should be at least 250p imv, although just one of many undervalued companies out there at the moment. Patience required, as someone mentioned elsewhere.....
xajorkith
20/10/2017
17:13
Robinson isn’t a packaging machinery maker, they’re a customer for packaging machinery 🤔
rhomboid
20/10/2017
16:54
ROBINSON PLC ?
castleford tiger
11/9/2017
12:04
Tipped by ST in the IC, again which obviously explains the jump at 12pm
mirabeau
08/9/2017
11:01
Molins PLC results webinar: 7th September 2017 In case you missed it live yesterday, here is a recording of the Molins PLC management presenting their interim results at Equity Development’s offices. https://www.equitydevelopment.co.uk/webinars/?d=%3D%3DgNzMjM
edmonda
08/9/2017
08:57
40% top line growth, plus £22m cash pile Molins is a technology-led service provider of high speed packaging equipment and machinery with circa 300 employees. The group comprises two complementary subsidiaries: the largest, Langen (c. 75%-80% revenues) is a designer & manufacturer of cartoning machines, case packers, end-of-line and robotic packaging solutions, as well as a provider of turnkey projects involving design/integration of packaging systems. By refocusing solely on packaging machinery, the group this morning posted impressive growth, with H1 revenues up 40% to £25.2m (vs £18.2m LY), or 29% at constant currency. Driven by standout performances from EMEA (+58% to £9.5m) and AsiaPac (+210% to £5.6m), offset by a slight decline in the Americas (-1% to £10.3m), albeit vs tough comparatives. Better still, proforma net funds, including the above Tobacco proceeds (£27.3m net costs/taxes, and £23.1m post a £2.7m UK pension contribution with £1.5m held in escrow), ended the period at £22m (or 109p/share). With another £5.9m scheduled to come in by November after June’s disposal of a property in Canada. With regards to M&A, the Board are actively seeking for complementary and value accretive targets. Ideally comprising specialist know-how and/or solutions capability, within Primary (ie touching product) and Secondary (outer-layer) Packaging covering the rapidly expanding Pharma, Healthcare, FMCG and Beverage sectors. Despite a spectacular recent rerating of the shares, our sum-of-the-parts remains unchanged at 180p/share. This is based on a range of industry multiples, a 12% discount rate and assuming corporate overheads (incl PPF levy) are streamlined if suitable acquisitions are not made. https://www.equitydevelopment.co.uk/edreader/?d=%3D%3DANzMjM
edmonda
07/9/2017
17:13
That said a bit stingy not paying a dividend.
thevaluehunter
07/9/2017
16:51
Reckon they will have more net cash than the market cap once the cash from the property and tobacco disposal is received. Also pleasing to see the pension move to an asset position of £4.5m from liability in the first half.
thevaluehunter
31/8/2017
13:24
Molins PLC interim results webinar 7th September 2017, 13:00 The managers of Molins (AIM:MLIN), an international business providing high performance machinery and instrumentation, as well as services and support for the production, packaging and analysis of consumer products, invite you to a presentation of their interim results. Tony Steels, Chief Executive Officer will give a presentation lasting approximately 30 mins and there will then be an opportunity for Q&A. If you would like to join please register now: Register here: https://attendee.gotowebinar.com/register/9064926198670565635 After registering, you will receive a confirmation email containing information about joining the webinar. If you would like to submit any questions for management ahead of the meeting please send them to justin@equitydevelopment.co.uk
edmonda
16/8/2017
17:24
I hold a lot of MLIN (+ CAR AIEA HYNS) as I believe their pension fund issues are creating meaningful undervaluation which will unwind over time as QE itself eases. The end result will be a rerating of these businesses edited to add today's move may be planning related on their surplus Berkshire land ?
rhomboid
16/8/2017
16:28
I had a very interesting conversation with David Cowen, FD of Molins (LON:MLIN), yesterday. For as readers may recall I have begun seriously to doubt the widespread reports that company after company is insolvent because of deficits in their pension funds. I am certainly not an actuary but in essence computation of a surplus or deficit depends upon a number of factors. They are: life expectancy, the rate of inflation to be expected, the yield and capital gains to be expected from the portfolio and, above all, the cost of annuities to guarantee the payment of a pension. This last figure depends upon the yield on gilts where, as I think readers will agree, an entirely absurd state of affairs obtains as a result of Quantitative Easing. Surely, QE will cease and a yield of the order of 4 or 5% p.a. will apply. Therefore it is wise for the authorities to give a revised and higher yield for gilts to allow pension fund trustees to behave sensibly. Believe me the reduction in the pension fund liabilities to pay/purchase gilts if interest rates are higher is staggering. Take MLIN itself: The liabilities are circa £300m (which should be contrasted with tangible net asset value of the order of £15m or 75p per share) reduces by £2.5m for each tenth of a per cent gilts yields rise. So a 1% rise means £25m off the liabilities figure. It does not take a great deal of imagination to see that MLIN’s pension fund could shortly be massively in surplus. tiger
castleford tiger
16/8/2017
16:25
What is more interesting is the note on pension schemes Here it is disclosed that at the end of 2015 the value of the fund was £346.9m as against the actuarily computed liability of £336.3m. That surplus of £10.6m would be subject to tax if it could be credited to profit and loss account. But, even so, it’s a lot in relation to Molins and a remarkable improvement upon figures arrived at in 2012. tiger
castleford tiger
16/8/2017
16:20
Total rubbish in my opinion. Market cap is 31.7m as you say and cash will be slightly over 30 but hey you want to talk about the pension. An agreed figure is being paid into the pot each year. Its not stopped dividends being paid before or again. An agreed amount was paid to the pension from the sale. As soon as interest rates move north the pension issue can resolve itself. I think you are being too harsh and clearly the market does not agree. tiger
castleford tiger
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