Morgan Advanced Materials Share Discussion Threads

[rcturner2] 04/11/2022 07:22

Decent trading update released today, on target for the full year and slightly ahead of analyst forecasts.

[doobz] 13/10/2022 12:03

Mac Gregor - 198M of debt but has cash of 122M, net debt of 76.3M

[mr macgregor] 08/10/2022 21:02

Companies with the amount of debt these have are out of favour.

[doobz] 26/9/2022 10:22

Emailed company and they promptly replied that they intend to address this fall off in next results which will be 4th Nov. Not sure I'll hold out for more pain till then

[my retirement fund] 02/9/2022 13:22

It's OK if you can afford a long time frame

[doobz] 02/9/2022 09:07

If I had any cash I'd load up as well here, just re read the last results and not concerned about this lot. They are coping fine despite backdrop

[roguetraderuk] 02/9/2022 08:08

BCC says uk already in recession so industrial/manuf names are finding it tough last few days.

[lennonsalive] 02/9/2022 08:00

It needs to stability at 250, let's see over the next few days

[rcturner2] 02/9/2022 07:16

I have doubled up at 250p.

[roguetraderuk] 24/8/2022 07:37

lower yest on the manufacturing pmis id suggest. many of the manufacturers/industrials were lower after those numbers.

[my retirement fund] 24/8/2022 07:33

That state of the economy really, you know the UK set to have the highest inflation and slowest growth amongst its peers, as is now becoming clearer which was masked by the covid effect in the stats, you know the one, the Brexit effect !

[doobz] 23/8/2022 16:17

Any ideas about the drop today?

[time_traveller] 29/7/2022 09:18

Absolutely. I've been building my stake in Morgan over several years, and particularly helpful has been the nervous share price in the run up to every single results, then reliably pleasing the market. Regular as clockwork (with only one recent exception that I can think of), and very profitable; (I confess I took profits when it went over £4, then reentered. Lucky for once)!

[rcturner2] 29/7/2022 08:00

Decent half year results. Decent company that seems to be under the radar for many.

[lennonsalive] 07/7/2022 07:15

I can't see why it's doesn't have a run back to 300 in the short term

[tole] 06/7/2022 16:55

https://www.fool.co.uk/2022/07/06/2-ftse-250-stocks-to-buy-and-hold-for-5-years/Morgan Advanced MaterialsAt 252p, Morgan Advanced Materials (LSE:MGAM) is trading at a 52-week low. The Windsor-based company manufactures specialist products, using carbon, advanced ceramics and composites.Oct '21Jan '22Apr '22Jul '22Jul '22300350400Zoom ?Jul 6, 2021?Jul 5, 2022Highcharts.comHowever, the falling share price belies positive signs from the firm.In Q1, revenue increased 10.9% on an organic constant currency basis, compared to the same period last year. In May, Morgan Advanced Materials reaffirmed its guidance for full-year organic revenue growth of 4% to 7% in 2022. "We will see higher inflation in 2022 and expect higher pricing and continuous improvement to offset this," it said. The group suggested its margins will actually expand further during the year.I think long-term prospects are good too. The renewables sector is a key market for the company, with its products used in both wind turbines and solar panels. This is a multi-trillion dollar market that will continue to grow in line with net-zero agendas.The company currently has a price-to-earnings (P/E) ratio of 11, and the forward P/E is even more attractive at 9.8. It's also got a dividend yield of 3.6%.But I'd buy this stock for the long-term growth potential, particularly as global infrastructure spending picks up in the coming years.One concern is the effect of inflation on costs, but the company appears confident that increasing its prices won't impact demand.

[nakedmolerat] 06/7/2022 13:19

Got back in today, seems overdone. But missed 250 entry!

[rcturner2] 17/5/2022 08:32

I have bought in today.

[lennonsalive] 17/5/2022 07:35

Dividend this week

[roguetraderuk] 04/3/2022 07:56

"We will see higher inflation in 2022 and expect higher pricing and continuous improvement to offset this. We expect our margins to expand further reflecting the drop-through on our organic growth and the remaining full-year benefits from our restructuring programme"

so should outperform today. not been in these for a while because as you say theres no bottom to them so far, but now getting to a v reasonable price. continues to be a well run company.

[thorpematt] 04/3/2022 07:46

results look alright to me.

Not much love for this one at the moment.

[clarea] 31/1/2022 18:14

Just checked the volume and below the daily average so unlikely to be up due a weekend tip I would think.

[lennonsalive] 31/1/2022 15:03

Probably tipped on tipster sheet. I can't see volumes or trades on my phone, will fire up the laptop later

[clarea] 31/1/2022 11:58

Nice uptick today can't see any rns released in conjunction with the rise, has this been tipped over the weekend does anyone know ?

[rcturner2] 28/1/2022 15:42

I assume that this is getting taken down with the market. I don't see anything company specific here.