Morgan Advanced Materials Share Discussion Threads

[doobz] 12/1/2023 00:36

I have to admit I pulled out as quick as I could expecting it to tank away maybe 10% or so. But it seems likes the market isn't too concerned. Markets are strong currently. I probably shouldn't have but picked up again on the strength today. Will get out quick if it falls below the news release lows. I fully expect these to be back at 400 longer term. The cyber attack must have had some impact or I wonder why they'd have even announced it, or are they obligated to. Not sure on that one

[lennonsalive] 11/1/2023 13:40

Perhaps the drop was the news leaked and then the rise from leaked news it's not affected the business. Who knows, but glad to see the rise today

[dogwalker] 11/1/2023 12:01

Thank you Doobz. The market seems ok about yesterday's news,so far. But does that mean anything? The sooner the company provides detail , the sooner we can move on.

[lennonsalive] 10/1/2023 08:52

Depends what the damage is. We will only know on the next update.

[doobz] 10/1/2023 07:37

Todays news could set this back for a while I fear

[lennonsalive] 28/12/2022 23:14

Breakout from 320 up to 350 next?

[doobz] 15/11/2022 16:01

Yep well undervalued, this'll be way above 400 if they carry on as they are.

[lennonsalive] 15/11/2022 07:43

Well run company, nice movement upwards, no pump and dumping

[rcturner2] 15/11/2022 07:01

I regard both those figures as very conservative. I can see this through 400p in the next 2 years.

[philanderer] 14/11/2022 13:44

RBC raises Morgan Advanced Materials target to 370 (330) pence - 'outperform'

[muckshifter] 14/11/2022 10:18

Perhaps shareholders here are just a quiet bunch!

[rcturner2] 14/11/2022 08:34

I am surprised how quiet this thread is.

The market cap is £900m so it is a pretty big company and is doing pretty well in tough market conditions.

[kemche] 04/11/2022 12:32

In for a few.

[lennonsalive] 04/11/2022 08:45

Good companies that make money and grow will be the winners

[rcturner2] 04/11/2022 08:39

The thing about a recession is how big will it be and where will it hit?

Many companies will continue to grow and proper in a recession.

[podgyted] 04/11/2022 08:37

Looks very good value. Forecast PER of 8 and 4% yield (this may well be beaten given the large increase at the interim stage) - this for a company that's actually growing.

[sphere25] 04/11/2022 08:33

Surely you come in and buy to hold here at some point. However, there is an interesting mix here. On one hand you have the resilience right now and a slight forecast beat, but on the other you have seen a moderation in growth in the third quarter.

So the market will be trying to work out to what extent that growth continues to slow (and how bad it might get) against how far down the valuation has already come. They're not falling over themselves to buy, as per most companies. Many of the one's reporting of late (including a fair few yesterday) all fell on their updates so I guess that is a positive.

There is always room for vicious bear market bounces along the way but it's all precariously balanced now. Bailey came out and said the recession might last two years if rates go as high as the market is suggesting so it is all up in the air. No idea what these central planker clowns are doing, they're all over the shop.

So for now, happy to trade something like this (not long right now) with a view to buying to hold, but making that call on timing the buy to hold with these central plankers, is a rather intricate aspect of the market.

Overall, very good so far from MGAM, but the test is just beginning so curious to see how the resiliency does hold. If it does, the market must eventually reward the resilient companies.

All imo
DYOR

[doobz] 04/11/2022 08:03

Growth in all sectors, more than offsetting inflation and 7-9% above the top end of forecasts. Well undervalued at these levels

[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 13:03

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

[mr macgregor] 08/10/2022 22:02

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

[doobz] 26/9/2022 11:22

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 14:22

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

[doobz] 02/9/2022 10:07

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