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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
  -18.00 -1.17% 1,522.00 1,532.00 1,540.00 1,548.00 1,520.00 1,538.00 40,138 16:35:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 3,071.3 88.6 157.9 9.6 705

Morgan Sindall Share Discussion Threads

Showing 1476 to 1500 of 1500 messages
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DateSubjectAuthorDiscuss
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
09/11/2020
08:11
Nice write-up in the Business section of the Sunday Times yesterday.
galeforce1
08/11/2020
13:45
Design responsibility and process risk are the two biggest icebergs facing construction companies. Those waste to energy projects have been a disaster for every company that touched ghem
zicopele
06/11/2020
16:34
I'm 100% confident with MGNS because I know the work is priced correctly with goodmargins. MGNS has the correct attitude, if it isn't profitable, don't bother tendering. MGNS also pass on design responsibility to subcontractors and design specialists thereby eliminsting risk.
quickquid
05/11/2020
18:30
Cheers old sport ! You too. It's been a really good month
peddlers
05/11/2020
15:03
As of today I hold. Just a drip feed.
eriktherock
05/11/2020
14:45
In case you missed it yesterday > Morgan Sindall said on Wednesday that its full-year performance is set to be slightly above the top end of its guided range as momentum has continued to increase At the time of the half year results in August, the company said it expected pre-tax profit for the year to the end of December 2020 to be between £50m-£60m. Based on its performance to date and the fact that it will be able to keep operating during the second lockdown that comes into force on Thursday, Morgan Sindall now expects to beat this guidance. The construction and regeneration group noted that its cash position has strengthened and said the average daily net cash for the full year is now expected to be in excess of £150m, versus £99m last year, ahead of previous expectations. Morgan Sindall also declared an interim dividend of 21p a share, in line with last year’s. At the time of the half-year results, it had said there was too much market uncertainty to declare a dividend but committed to actively consider the resumption of payments when there was more clarity over the economic outlook.
eriktherock
04/11/2020
20:21
DfE prepping to "redirect" some education sector opportunities away from...
eriktherock
04/11/2020
16:27
Ped, congrats on your trade, did think it would work out for you as mentioned.
essentialinvestor
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