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Share Name Share Symbol Market Type Share ISIN Share Description
Morgan Sindall Group Plc 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
  0.00 0.0% 1,900.00 1,894.00 1,898.00 1,934.00 1,886.00 1,934.00 89,107 16:35:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 3,034.0 60.8 99.8 19.0 880

Morgan Sindall Share Discussion Threads

Showing 1476 to 1499 of 1500 messages
Chat Pages: 60  59  58  57  56  55  54  53  52  51  50  49  Older
DateSubjectAuthorDiscuss
22/3/2021
11:13
Morgan Sindall scoops £65m Carlisle Southern Link Aaron Morby 4 hours ago hTTps://www.constructionenquirer.com/2021/03/22/morgan-sindall-scoops-65m-carlisle-southern-link/
piedro
27/2/2021
19:43
Galeforce, I agree. P/e looks very low and dividend is very respectable at this price.
bluecash
25/2/2021
10:09
These look like nice results, particularly the cash generation. The guidance seems to be for profits of £100m+ in 2021. They are predicting a better year than 2019, when profits before tax were £93m. I haven't had time to go through the results in detail, but I'm pleased to see that all the divisions apart from Regeneration seem to be thriving. Fit-Out seems to have had a good year, which is a nice surprise. If they have £183m approx in average daily net cash, that takes the EV, even after the rise this morning, to about £550m. That is still very reasonable for such a solid and profitable business. In fact too cheap! Within 12 months, I can see the divi going to 80p and the market cap going to £1bn (which would be a share price of £22). EV would be around £750m, which will still look reasonable.
galeforce1
25/2/2021
10:07
Pretty pleased with the results and share price activity this morning myself.
nickzs
24/2/2021
10:28
Showing signs of life! Hopefully anticipating good results and update tmrw.
galeforce1
20/2/2021
13:31
Looking forward to results!
jadeticl3
19/2/2021
16:01
It will be interesting to see the full year results next Thursday, but since we had a trading update in November I suppose there aren't that many 'unknowns'. I'll be interested to hear how the Fit-Out division is going. Is the general move by companies to reduce office space enlarging or decreasing the order book for MGNS? I reckon it will be surprisingly strong because so much office space will have to be re-configured. House building, Regeneration and Infrastructure should all be strong. I still think this is one of the best value stocks out there, with a good dividend, a very strong balance sheet, a big order book and great management. I've topped up today on the slightly weaker share price.
galeforce1
31/12/2020
16:54
Hope everyone here has had a great Christmas. Looking forward to the new year. Plenty of work winning opportunity. Should see a good rise.
quickquid
10/12/2020
15:25
Piedro, what's your source for those graphs?
quickquid
08/12/2020
22:09
The meaning is in comparing the results each month ... DYOR
piedro
08/12/2020
15:48
He means the league table of gross value contract wins, by company. So yes, they won plenty. Fairly meaningless, imho, but better to be at the top as long as you are not lowballing. Which this lot aren't but KIE (no 1) might (not) be... Interestingly, and of benefit to the sector, is a government plan to avoid up-front lowballing bids winning tenders. Anything that avoids more insolvencies in the sector is good, and it is clearly an issue taht the government is finally aware of, after too many years of it and resulting insolvencies.. hTTps://www.constructionnews.co.uk/financial/construction-playbook-sets-new-rules-on-avoiding-low-ball-bids-08-12-2020/
imastu pidgitaswell
08/12/2020
15:37
QuickQuid: can you kindly clarify your post No. 807, please. When you say MGNS came "second place", do you mean it did not win the contracts in question?
saucepan
08/12/2020
14:11
Second place on contract wins for November and YTD. Pretty good going.
quickquid
03/12/2020
10:11
£18M schools contract in the midlands.
quickquid
02/12/2020
16:57
Liverpool film studio to commence. Erik, any news source on taking all the South East schools?
quickquid
30/11/2020
10:27
£26m leisure center win.
quickquid
26/11/2020
10:21
£36m Aylesbury School contract win. £9m Hampshire school. On the West Midlands framework. Going really well on work winning.
quickquid
24/11/2020
23:09
Very good, general trend is overall upwards. Glad I bought extra at 1150. From my understanding, there will be a few accelerated DoE contracts in order to build back. MGNS obviously being a front runner.
quickquid
23/11/2020
15:23
nice rise today off the back of the vaccine news today. hopefully this will keep its momentum and back to sensible levels for this share
investing2retire
12/11/2020
20:01
Up very heavily over two weeks.
essentialinvestor
12/11/2020
19:56
MGNS went ex-div today, which accounts for some of the fall. But we fell about a £1 and the interim divi is 21p!
galeforce1
09/11/2020
12:11
Erik, where did you get that information from?
quickquid
09/11/2020
11:28
Could it be that MGNS will replace KIE on DfE Regional Frameworks ?
eriktherock
09/11/2020
08:19
Morgan Sindall’s house is built on reliable finances Sabah Meddings Sunday November 08 2020, 12.01am, The Sunday Times David Cameron did it. Nick Clegg did it. Even Nicola Sturgeon sometimes does it. Boris Johnson is likely to do a lot of it next year. Yes, 2021 will be a vintage year for politicians wearing hard hats and pointing at things. As Britain begins the painful task of rebuilding its economy, there will be opportunities for those in construction with a shovel or two at the ready for well-timed media opportunities. Morgan Sindall, still led by co-founder John Morgan, operates in sectors likely to benefit from public money. It is a diversified group with divisions including housebuilding, infrastructure and office fit-outs. Morgan Sindall has kept itself squeaky clean in terms of taxpayer support: this month, it said it would repay £9.5m of furlough cash, and it has also reimbursed junior staff for salary sacrifices made during the crisis. At the same time, it said it would resume final dividend payments and declared an interim dividend of 21p, in line with last year’s. Morgan Sindall’s latest trading statement indicated that business had improved between August and October, prompting it to predict that full-year pre-tax profit would be slightly above its £50m-£60m range. The “secured workload” at the end of the third quarter was £7.9bn, including projects such as the smart motorway programme. Other projects include the Thames Tideway tunnel and the Sellafield nuclear site. The government has said that construction can continue throughout this second lockdown, and in the medium term, housebuilders will benefit from the Help to Buy scheme until 2023. Morgan Sindall’s average daily net cash, a key metric in the sector, is expected to be £150m for the full year — ahead of previous guidance — and the group has a new £150m revolving credit facility until 2023, with an option to extend. This healthy financial position will allow it to be selective on the contracts it pursues, protecting margins. The shares have been volatile over the past year. They soared after the Conservative election victory in December, but plunged after lockdown closed sites in the spring. Morgan Sindall is trading at 37.5% less than its February peak of £19.70, with the stock closing on Friday at £12.30, valuing the company at £567.7m. Analysts’ price targets vary wildly — Panmure Gordon, the firm’s broker, has a £22.30 target on the stock, while Peel Hunt has £15 — but are well above current trading. There is reason to be confident: Morgan Sindall has weathered the Covid-19 crisis and is well placed to make the most of any recovery. Buy. :-)
imastu pidgitaswell
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