Morgan Advanced Materials Share Discussion Threads

[limit up] 05/3/2015 17:54

broker has put a share price tgt price of 390p today

[petewy] 05/3/2015 08:36

Nice rise again LU. Why? No big buyers. In profit and just came in for the divi.
CNBC warns me the Yanks are coming. Welcome!! Buy a couple of million and have a nice luke warm 'orrible British cup of tea.
Trades are well down on my Watchlist.

[limit up] 20/2/2015 09:42

on the bid front no other news than that what was turned away before,on the figs the brokers gave it a mixed bag on future tgt share price price ,but i think this co has a niche mkt which is very difficult for others to replicate.

[petewy] 18/2/2015 17:44

Thanks LU. Does it mean that another merger bid like Vesuvius plc is sending the price higher?
Good divi and healthy results has put me back in again.
Last August: "Morgan Advanced Materials has announced a new joint development agreement with The University of Manchester, aimed at scaling up a new process for manufacturing graphene - a one-atom thick carbon allotrope first isolated at the university ten years ago and for which two Nobel Prizes were awarded."
Any news on this?
Hayd has taken off, (Why?) they report next month.

[limit up] 18/2/2015 16:43

bought in here at 240p still here ,i feel they will be bid for ,they were approached 4 months ago and turned them away..there is no other cmpany to compare them with,and they have got rid of the low margin busines which is a big plus for going fwd.
regds

[petewy] 18/2/2015 10:59

Nice rise at 11am.

[petewy] 18/2/2015 08:39

Results: looking good. I am back in.
Revenue at constant currency increased by 1.8% compared to 2013. Revenue was 3.8% higher in the second half than the first on an organic and constant currency basis

· Order intake for the full year was encouraging. Book-to-bill ratio was 1.02 times with all geographies above 1.00 times and a year-end order book at constant currency circa 9% above that at the end of 2013

· EBITA margin for the full-year increased 40 basis points to 12.8% (2013: 12.4%). The EBITA margin in the second half of 2014 was 13.0%

· Reported results were impacted by a strong sterling against most currencies during 2014. Relative to 2013, the impact of foreign exchange translation was an adverse movement of £52.3 million on revenue and £7.9 million on EBITA

· Cash flow from operations remained strong at £120.0 million (2013: £127.0 million). Net debt at the year end was £207.0 million (2013: £186.5 million). Net debt to EBITDA ratio at the year end was 1.4 times (2013: 1.3 times)

· The Group has booked a £51.9 million charge before tax in the income statement (2013: £12.9 million) in respect of a number of specific adjusting items, details of which are provided below. Due to the nature of these items they are excluded from the underlying profit figures. The cash cost of these items in 2014 was £5.3 million with a further cash cost of £6.6 million expected in 2015

· Proposed final dividend increased to 7.0 pence per share (2013: Final 6.7 pence per share), which would result in a full-year dividend of 10.9 pence (2013: 10.5 pence), a 3.8% increase

[tiptv1] 25/6/2014 12:48

Darren Sinden from Trader Titan Investment Partners discusses Morgan Advanced (MGAM) on Tip TV. Watch :

[scott1978] 19/5/2014 14:58

Well they're laying off 200 hundred people at their Morriston factory in Swansea, even the factory was, I was told by an employee, "booming".

[raju1] 01/4/2014 15:33

why are the shares going up?
any news

[betman] 30/5/2013 20:23

Anyone investing in this ?

[el chupacabra] 11/4/2013 08:24

jezzz, everyone's changing their company names these days!

Morgan Advanced Materials plc is an advanced materials technology company that provides highly engineered solutions to its chosen markets. Morgan Advanced Materials has a global presence with operations in more than 50 countries. From medical instruments, aerospace, power generation and satellite communications, to body armour, trains and fire protection systems, Morgan Advanced Materials products are fundamental components or enabling technologies for many of the modern world's sophisticated products