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
  +3.00p +0.21% 1,420.00p 1,424.00p 1,428.00p 1,472.00p 1,421.00p 1,429.00p 54,315 16:35:05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 2,561.6 43.9 83.8 16.9 638.84

Morgan Sindall Share Discussion Threads

Showing 1226 to 1248 of 1250 messages
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DateSubjectAuthorDiscuss
16/11/2017
09:02
http://www.thisismoney.co.uk/money/markets/article-5073809/Founder-Morgan-Sindall-believes-best-come.html
broadwood
01/11/2017
13:23
Good summary Matt I' considering a purchase here
pillion
01/11/2017
08:44
Slightly ahead is good with me. Certainly like the cash position commentary. Personally I like to discount valuations for debt / cash and thus produce an EV / PBT calculation (which I find mores consistent as a model). By this measure MGNS is looking rather cheap. Given that the growth is looking strong I'd say the future for the share price is pretty strong right now.
thorpematt
01/11/2017
08:23
Peel Hunt Morgan Sindall PLC 01/11/2017 Reiterates Buy Buy 0 1,500.00 1,600.00 1,444.00 100 2
broadwood
01/11/2017
07:27
Should keep the momentum going. Trading in the second half of the year has continued to be strong, driven by a further improvement in margin in Construction & Infrastructure and further margin growth in Fit Out. As a result, the Group is on track to deliver a full year performance slightly ahead of its previous expectations which were set at the time of the half year results on 8 August 2017.
broadwood
30/10/2017
16:00
Ramping up nicely to the Wed update...
chartsworth
06/10/2017
07:11
Morgan Sindall wins £160m Brighton council deal 6 October, 2017By Jack Simpson Comment Full screenMorgan Sindall wins £160m Brighton council deal Morgan Sindall has landed a £160m deal to become the contracting partner for Brighton and Hove City Council for the next five years. The firm has been named as the council’s principal contractor responsible for all projects to be built under the Brighton and Hove strategic construction partnership. The deal, which has an option for a two-year extension based on performance, will also require early advice from the contractor on aspects such as buildability, site set-up and other associated activities. Morgan Sindall will take over as contracting partner from incumbent Westridge Construction, which has held the role from January 2014 and will hand over in on 5 January next year. The full value of the deal across the five years is estimated at £160m, with £96m of work expected to be up for grabs for subcontractors, particularly those providing M&E and roofing and cladding services.
douglas fir
21/8/2017
11:12
Starting to look tasty ??
basem1
11/8/2017
20:42
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
11/8/2017
13:23
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
11/8/2017
12:10
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
09/8/2017
06:41
Liberum Capital Morgan Sindall PLC 09/08/2017 Reiterates Buy Buy 0 1,450.00 1,550.00 1,422.00 100 2
broadwood
08/8/2017
17:28
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
08/8/2017
11:10
Same chart for 6 monthly periods {since 2005}
piedro
08/8/2017
11:07
Chart for 6 monthly periods {since 2012}
piedro
08/8/2017
10:54
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
08/8/2017
10:07
Not at all, but I am surprised to see the price going South. Maybe others can see I can't !
hebus31
08/8/2017
10:01
Do you have doubts about the results hebus31?
johnweaver
08/8/2017
08:56
I agree with what you said.. and yet!
hebus31
08/8/2017
06:17
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
07/8/2017
11:25
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
04/8/2017
19:35
A share with a steady rise in the sp Certainly one for the long
saturn5
04/8/2017
19:26
Looking forward to the Interims - 08/08/2017
piedro
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