Morgan Sindall Share Chat (MGNS)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Morgan Sindall Group	LSE:MGNS	London	Ordinary Share	GB0008085614	ORD 5P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-29.00p	-2.16%	1,315.00p	1,312.00p	1,320.00p	1,333.00p	1,314.00p	1,321.00p	58,701	16:35:28

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Construction & Materials	2,561.6	43.9	83.8	15.7	589.90

Morgan Sindall Share Discussion Threads

Showing 1201 to 1224 of 1225 messages

Chat Pages: 49 48 47 46 45 44 43 42 41 40 39 38 Older

Date	Subject	Author	Discuss
11/8/2017 21:42	Yes quite so. It is in fact the wrong thing to do (take profits on winners) when the market is falling due to wider concerns. An index short or sell off of stocks which are under-performing is usually better. Dips in market is a great time to pick up stocks which otherwise might be difficult to buy into because they are i demand. I fancy a fair pull back in indicies along with a rise in gold but generally I might be a buyer of some stocks on the watchlists.	thorpematt	Read Full Thread Reply
11/8/2017 14:23	IMHO, it is always the shares that have risen the most that are most susceptible to swift falls due to panicky profit-taking. Most people are much happier moving to cash by taking a profit rather than weeding out the non-performers they are holding and accepting some losses to facilitate the re-allocation of funds into stronger performers. I added some MGNS a little while ago and will add more if we get further significant weakness from current levels.	shanklin	Read Full Thread Reply
11/8/2017 13:10	The share price is taking a bit of a kicking today. Could it be profit taking & panic selling? I thought things were looking good with the order book and improved margins.	tren08	Read Full Thread Reply
09/8/2017 07:41	Liberum Capital Morgan Sindall PLC 09/08/2017 Reiterates Buy Buy 0 1,450.00 1,550.00 1,422.00 100 2	broadwood	Read Full Thread Reply
08/8/2017 18:28	Tuesday 08 August Morgan Sindall informed the stock market last month that it would beat expectations ahead of today’s half-year results, and the figures have shown a marked improvement across much of the group. The contractor saw revenue rise 14 per cent to £1.31bn for the six months to 30 June 2017, up from £1.15bn in the same period a year earlier, while adjusted pre-tax profit was up 47 per cent to £23.7m, compared with £16.1m. But speaking to Construction News, chief executive John Morgan revealed further key highlights of the results, including progress on some major schemes and the company’s focus over the next six months. New Victoria Mr Morgan said the firm’s urban regeneration and development business, Muse, was still “working up detailed plans” on Manchester’s New Victoria development, despite the project securing outline planning approval in September last year. Muse is working in partnership with Network Rail on the £185m mixed-use development in Manchester city centre, close to Victoria station. The project will include three new buildings: one 150,000 sq ft office tower and two residential blocks. “These things tend to take a little time to get on site from when you get outline planning,” he said. Overall the firm’s urban regeneration arm reported a 78 per cent increase in turnover to £71m, up from £40m. However, operating profit fell to £2m from £4.6m, which the company attributed to a number of development completions taking place in the second half of the year. Offices drive fit-out order book The group’s fit-out division now boasts a record order book of £568m, up from the £544m the firm revealed in May this year. Today’s results also revealed that this was strongly weighted towards commercial offices, with the sector accounting for 83 per cent of the fit-out arm’s revenue, with higher education the second largest at 12 per cent. London accounts for two-thirds (66 per cent) of revenue, but Mr Morgan said the company had identified both Manchester and Liverpool as key growth areas for the business. The group is already undertaking a 42,000 sq ft fit-out for EY in Manchester city centre, and has also bagged a 57,000 sq ft fit-out for Amazon in Cambridge and a £35m refurb of Bush House buildings for King’s College London. Strong cash position Morgan Sindall recorded strong improvements in its cash position for the first half of 2017, reporting average daily net cash of £132m for the six months compared with daily net debt of £24m in the same period a year earlier. The group also reported net cash of £97m as of the end of the period, compared with £36m 12 months before. However, the group said its average daily net cash position would reduce in the second half of the year “due to the phasing and timing of investments in partnership housing and urban regeneration”. Despite this, Morgan Sindall is still forecasting an average daily net cash position at year-end of “no less than £75m”, which it says is “significantly higher than previous estimates”. No new sectors? Mr Morgan said the group has no real plans to expand into sectors in which it is not currently active, with the firm now focusing on improving performance across its existing divisions. “The key thing is that we’re in the places we want to be in; we just want to make more money out of what we’ve got,” he said. “It’s about working organically on those businesses and making them better and better.” The firm will continue to work in its six key disciplines – construction & infrastructure, fit-out, property services, partnership housing, investments, and regeneration – with no plans for expansion into new divisions or sectors, at least in the short term. Revenue hits £200m at Lovell Morgan Sindall’s partnership housing arm Lovell saw revenue rise 9 per cent to £200m, up from £183m, while adjusted operating profit rose to £5.5m, up from £4.6m. Mr Morgan highlighted a number of stand-out projects, particularly in the North, including the Toxteth Street regeneration in Manchester, which is entering its second phase that will deliver 160 homes. Other major projects for the division include a £46m regeneration scheme at Ponders End in partnership with the Enfield Borough Council to create around 160 affordable and open market homes. In mixed-tenure developments, its regeneration and development pipeline increased by 12 per cent in the six months to June up to £853m, compared with £764m as of 31 December 2016. Charlie Schouten, data editor & northern correspondent, Construction News	douglas fir	Read Full Thread Reply
08/8/2017 12:10	Same chart for 6 monthly periods {since 2005}	piedro	Read Full Thread Reply
08/8/2017 12:07	Chart for 6 monthly periods {since 2012}	piedro	Read Full Thread Reply
08/8/2017 11:54	Big bounce north, then sharp drop back, so we need to see how the next week goes. We must not forget how this has increased over the past few months.	jadeticl3	Read Full Thread Reply
08/8/2017 11:07	Not at all, but I am surprised to see the price going South. Maybe others can see I can't !	hebus31	Read Full Thread Reply
08/8/2017 11:01	Do you have doubts about the results hebus31?	johnweaver	Read Full Thread Reply
08/8/2017 09:56	I agree with what you said.. and yet!	hebus31	Read Full Thread Reply
08/8/2017 07:17	Much to like. Commenting on today's results, Chief Executive, John Morgan said: "This is a strong set of results, driven by another period of margin and profit growth in Fit Out and further progress on margin recovery in Construction & Infrastructure. Reflecting our overall profit performance, our strong balance sheet and cash performance, and our confidence in the quality of our business, we are increasing the interim dividend by 23% to 16p per share. With the current trading patterns in Fit Out and the forward visibility provided by the size and quality of its order book, together with further margin improvement in Construction & Infrastructure and an increase in scheme completions in Partnership Housing and Urban Regeneration, we are confident of another strong performance by the Group in the second half."	broadwood	Read Full Thread Reply
07/8/2017 12:25	hxxps://talentawards.constructionnews.co.uk/shortlist-2017?utm_source=EM22&utm_medium=email&utm_campaign=1%20-%20AWD_CN_InvestingTalent_EntriesAcquisition_2017 ......nominated in 6 categories.......	douglas fir	Read Full Thread Reply
04/8/2017 20:35	A share with a steady rise in the sp Certainly one for the long	saturn5	Read Full Thread Reply
04/8/2017 20:26	Looking forward to the Interims - 08/08/2017	piedro	Read Full Thread Reply
04/8/2017 15:54	Unstoppable recent performance. Reaching new highs by the day.	broadwood	Read Full Thread Reply
26/7/2017 22:42	A nice breakout on previous record highs. Not that expensive on most measures especially considering my first statement. Brokers forecasts continuing rise also.	thorpematt	Read Full Thread Reply
25/7/2017 09:03	Morgan Sindall hunts top talent at virtual jobs fair Morgan Sindall Construction & Infrastructure is running a second virtual careers fair after a pilot event in March proved a big success. hxxp://www.constructionenquirer.com/2017/07/21/morgan-sindall-hunts-top-talent-at-virtual-jobs-fair/	piedro	Read Full Thread Reply
24/7/2017 07:47	But all is not necessarily ill in the sector, with Morgan Sindall having successfully trudged the long road from profit warnings just a few years ago, to now frequently topping the list of contractors winning the most work. Collingridge pointed to the fact that in the year to June, Morgan Sindall won 342 deals, according to the data compiled by Construction News. The company has not been going for the so-called “blockbuster” deals, but rather gunning for the £10m-£20m mid range contracts for things like a office block fit-out, or a university extension. Its focus on the smaller stuff added up too, with £2.6bn in new contracts recently reported, without the looming threat that the occasional bad deal won’t bring the company down around it. Collingridge did note that Morgan Sindall’s regeneration arm did go for larger projects, including a £650m deal to construct a mixed-use development in Salford, but those paid out over many years, allowing for a long and steady income stream.	broadwood	Read Full Thread Reply
19/7/2017 16:38	http://www.telegraph.co.uk/business/2017/07/19/shares-morgan-sindall-hit-10-year-high-stellar-first-half/	broadwood	Read Full Thread Reply
19/7/2017 14:39	Gives a nice warm feeling. - Morgan Sindall Group revealed its profits are going to be "substantially" ahead of expectations thanks to margin and profit growth in office fit-out and margin improvement in construction and infrastructure in the first half of the year. Profit before tax for the group's six months to 30 June are expected to come in at roughly £23.5m, around 45% higher than the previous year's. Cash generation has been strong too, with average daily net cash for the first half of £132m and net cash in the bank of £97m. The Partnership Housing and Urban Regeneration divisions have both traded as expected, with the latter lower than in the prior year period due to the phasing of its scheme completions, while there were "modest" profit contributions from both Property Services and Investments. For the full year results "will be significantly ahead of its previous expectations", Morgan Sindall said, thanks to "much stronger" prospects for Fit Out based on current trading, plus the size and quality of its order book, plus expected margin improvement in Construction & Infrastructure and the second half weighting to Partnership Housing. Half year results will be published on 8 August'. '	broadwood	Read Full Thread Reply
19/7/2017 09:32	Looks highly likely. I broke one of my portfolio rules by adding last week prior to the update. I just felt that the outlook, value and chart were at the point where it was relevant to buy and whilst there is also some luck with such decisions I am very pleased to have done so. The "significantly ahead of expectations" comment is going to drive the share price here IMO. Broker upgrades to follow. I thought it was cheap anyway but I will revaluate later my calcs later today also.	thorpematt	Read Full Thread Reply
19/7/2017 08:08	Hopefully a breakout today leading to a rerating	essential	Read Full Thread Reply
19/7/2017 07:11	Superb. The performance of Fit Out in the first half, its current trading patterns and the forward visibility provided by the size and quality of its order book, indicate an out-turn for the year for Fit Out which is much stronger than previously expected. Taken together with the expected margin improvement in Construction & Infrastructure and the second half weighting to Partnership Housing, the Group now anticipates that its 2017 full year results will be significantly ahead of its previous expectations	broadwood	Read Full Thread Reply

Chat Pages: 49 48 47 46 45 44 43 42 41 40 39 38 Older