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
	-8.00p	-0.53%	1,496.00p	1,494.00p	1,498.00p	1,528.00p	1,482.00p	1,528.00p	49,859	16:35:13

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Construction & Materials	2,792.7	64.9	118.8	12.6	674.91

Morgan Sindall Share Discussion Threads

Showing 1251 to 1275 of 1275 messages

Chat Pages: 51 50 49 48 47 46 45 44 43 42 41 40 Older

Date	Subject	Author	Discuss
15/5/2018 09:53	smashed through 1,400p. can it hold above this and push past 1,500p? PE of 15 gives share price of approx. 2,000p.	mfhmfh	Read Full Thread Reply
10/5/2018 18:44	IC tip of the week. 2018 EPS estimates raised to 134p, PE of approx. 10.	mfhmfh	Read Full Thread Reply
09/5/2018 17:42	waiting for share price to break 1,400p and rise steadily from there to new highs.	mfhmfh	Read Full Thread Reply
09/5/2018 11:19	Any specific feedback from the AGM if anyone attended?	norbert colon	Read Full Thread Reply
05/5/2018 21:53	Nice write up in the Telegraph, interesting investor comment after the article below: Morgan Sindall is one of only 3 holdings that I hold in a fully invested concentrated SIPP portfolio. My SIPP has grown over 1,000% in 9 years now without any funds being added, which fortunately allowed me to hold my lifetime allowance at the 2012 level. Morgan Sindall is a high quality growing business on a low forward PE ratio with a huge cash pile. The forward PE once cash adjusted becomes extremely attractive. So many businesses seem to show profits through their P&L yet struggle to generate cash or net asset growth, they always seem to be in debt. Morgan Sindall is a top quality, growing, cash generative and significantly under priced business.	bogdan branislov	Read Full Thread Reply
04/5/2018 10:24	Liberium Capital increase target price to 1,750p (from 1,700p). Peel Hunt retain 1,600p target price.	mfhmfh	Read Full Thread Reply
04/5/2018 07:46	Brilliant update, quality outfit and materially undervalued IMHO.	valuehunter1	Read Full Thread Reply
04/5/2018 07:34	Excellent. Looking ahead, based upon the performance to date of Fit Out and its prospects for the rest of the year, the Group is on track to deliver 2018 full year results slightly ahead of its previous expectations.	broadwood	Read Full Thread Reply
04/5/2018 07:31	Great AGM statement IMHO.	mfhmfh	Read Full Thread Reply
03/5/2018 13:15	If anyone is attending the MGNS AGM tomorrow (I believe) perhaps they could ask about the recent JV with Ashley House (ASH) and whether they can add any more colour to this....also about modular / offsite construction given that Ashley House own F1 Modular. Must be some synergies there. Thanks in advance!	norbert colon	Read Full Thread Reply
02/5/2018 10:58	nicely breaking out ahead of AGM on Friday, expecting another excellent update and a proper re-rate to take us closer to our 52 week high of 1500p	valuehunter1	Read Full Thread Reply
25/4/2018 12:20	ex-dividend date will be 26 April	mfhmfh	Read Full Thread Reply
17/4/2018 17:40	Yep, after Carillion, any local authorities looking to set up long term partnerships is going to take a long hard look at the balance sheet of the company that they plan to partner with. Balance sheets do not get any more solid than MGNS. Bogdan	bogdan branislov	Read Full Thread Reply
17/4/2018 15:14	hxxps://www.constructionnews.co.uk/10030143.article?utm_source=newsletter&utm_medium=email&utm_campaign=CN_EditorialNewsletters.Reg:%20Send%20-%20Daily%20news&mkt_tok=eyJpIjoiTjJVNE16QmhZbVEzTVRoaCIsInQiOiJyTkkwbHNcL1E4aHZYVnhPQlwvb2Roa3hJVjNnOTNpSlRyOHVQa1NLa21INDRDNkpHRW1LYVF5ck4xNkNkcCtuOWEyeTUrWDRUdmpsWFNhUnUxOVZaMVBXWmhsSmdcL0VxeEFXK1ZPcVVqeVdCeWdLWksxc0oxU0xHaG45bEtiXC91XC9OIn0%3D Hertfordshire County Council has appointed Morgan Sindall as the JV partner for a £2bn property development programme. Morgan Sindall Investments has set up a subsidiary to work with the council in developing or disposing of surplus land and property. A priority for the developments will be to deliver new homes, as well as public facilities and commercial space. An initial 12 plots of land will be developed by the 50:50 JV, called Chalkdene Developments, that will deliver more than 500 houses. A further 40 sites have also been earmarked for development. If all the potential sites are developed they will have a gross development value of £2bn. Morgan Sindall secured the JV with the council’s Herts Living Ltd property company after a competitive tender process launched by the local authority last May. The council said it wanted to take a “more active role” in developments with the aim of “improving the financial returns to the council and pace of delivery”. As its strategic partner, Morgan Sindall will be expected to “provide its development expertise, equity investment and access to private funding”. The partnership with Morgan Sindall is set to run for 15 years with an option for it to be extended by a further five years. Morgan Sindall Investments plans to use the group’s development arm Lovell and its infrastructure division to deliver the work. Morgan Sindall chief executive John Morgan said: “This win demonstrates the potential for our Investments division to become a meaningful contributor to group profits. “It also reflects our ability to leverage our diversified portfolio of businesses to offer our partners and customers a comprehensive solution spanning strategic partnerships and project delivery.” Over the past two years Morgan Sindall Investments has moved from securing opportunities for other divisions in the business to generating profit independently through partnerships with bodies such as Slough Borough Council and Bournemouth Borough Council. The company has said it expects the division to increase its returns in the medium term after it reported operating profit of £0.5m on revenue of £11m in 2017. Last month Morgan Sindall’s housebuilding arm Lovell secured a £45m deal with Homes England to deliver 200 modular units in Leyland, Lancashire. Comment	douglas fir	Read Full Thread Reply
10/4/2018 18:11	Big price move today. The annual report was obviously impressive, but we expect that from MGNS. Was there anything in the report that we did not already know about? Bogdan	bogdan branislov	Read Full Thread Reply
04/4/2018 09:24	Bogdan, agree, looking forward to the AGM update next month and expecting the shares to move forward in anticipation of another positive update. Real cheap given the cash balance, excellent management.	valuehunter1	Read Full Thread Reply
03/4/2018 14:17	Looking at the chart, we are very close to support levels and near 1 year lows. I think that a break lower is unlikely from here considering the valuation.	bogdan branislov	Read Full Thread Reply
03/4/2018 11:24	I am with you bluerunner. I have the cash poised to buy more, believing this is undervalued, but not confident it will not fall lower.	jadeticl3	Read Full Thread Reply
03/4/2018 10:47	Bogdan - I don't disagree with your post and have stated that it looks cheap. But it keeps getting cheaper. That is the problem. It would be a matter of timing the right entry point for me.	bluerunner	Read Full Thread Reply
03/4/2018 10:23	Blue. MGNS is very cheap right now. Carillion has done MGNS a big favour as government /local authorities will now be very reluctant to let contracts to those companies without a very fat balance sheet. Balance sheets don't come any healthier than MGNS. Any public sector official letting a contract to a firm that goes bust half way will lose his/her job now, it is the ultimate egg on the face for the public sector contract as it results in big contract delays, large additional cost in sourcing another contractor to pick up the work, doubts about the quality of work done as a firm going under often cut corners, susceptibility to the replacement contractor claiming things were worse than indicated with work already completed, wanting more money, more delays etc etc.. MGNS has to do something with the cash, there is so much of it. Personally I would be disappointed with a special divi. MGNS are clearly highly proficient, I would rather see them use their competence and their balance sheet strength to start bidding for larger contracts, just like Peabody. This stock will move on news and move rapidly on news, you don't know when the news will come, forget TA here, MGNS is cheap and it won't stay this cheap for long, put your cash to work for you. Ultimately value/growth investing is about leaving your money lying around in the most extreme under valued growth/quality situations available. Surely you can't feel that c30% cash is better than a c30% MGNS holding! Bogdan	bogdan branislov	Read Full Thread Reply
29/3/2018 14:05	It does look like good value.However, just broken through support and could go to 1120-ish.If that does not hold then the drop could be steep.I continue to watch for the right moment to buy.	bluerunner	Read Full Thread Reply
29/3/2018 08:06	These look v cheap, nice net cash on balance too, bought some and looking forward to another positive update in May at the AGM	valuehunter1	Read Full Thread Reply
14/3/2018 14:25	Nice find, probably the cause of the rise	hatfullofsky	Read Full Thread Reply
14/3/2018 11:14	Fingers crossed! Lendlease and Morgan Sindall left in chase for £4bn Peabody scheme https://tinyurl.com/y8wddekj	piedro	Read Full Thread Reply
22/2/2018 10:39	Numis upgrades to buy: 1,565p target price Peel Hunt reiterates buy: 1,600p target price Liberium Capital reiterates buy: raises to 1,700p target price	mfhmfh	Read Full Thread Reply

Chat Pages: 51 50 49 48 47 46 45 44 43 42 41 40 Older

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