Morgan Sindall Share Discussion Threads

[master rsi] 10/2/2005 10:57

Further good news on the contruction front ..........

UK 2004 construction orders up 6 pct from 2003

LONDON (AFX) - UK construction orders for the whole of 2004 rose 6 pct from
the previous year while in the final three months of 2004, orders rose 11 pct
from the same period a year ago, data from the Department of Trade and Industry
revealed.
In the fourth quarter of 2004, orders increased 4 pct from the previous
three month period.

[master rsi] 20/1/2005 09:36

Maybe not tipped but mentioned at least...

SHARES MAGAZINE --- THURSDAY 20th JANUARY 2005

Hey, Big Spender (The Chancellor's ploughing Billions into the Private Sector
- and You can cash in):
*Stocks mentioned in the article include LogicaCMG (LOG.L) - Civica (CIV.L)
- Rolls Royce (RR.L) - TRL Electronics (TRL.L) - Morgan Sindall (MGNS.L)
- Mears (MER.L) - Connaught (CNT.L) - Hyder Consulting (HYC.L)
- Nord Anglia (NAE.L) - Public Recruitment (PUG.L) - iSoft (IOT.L).

Plays of the Week:
*Buy Brady (BRY.L) - Aga Food (AGA.L) - Ncipher (NCH.L).

Plays Update:
*Buy Retail Decisions (RTD.L).

Oil on Your Doorstep (Oil exploration in GB):
*BP (BP.L) - Northern Petroleum (NOP.L) - Europa Oil & Gas (EOG.L)
- Roc Oil (ROC.L) - PetroCeltic (PET.L) - Black Rock (BLR.L).

[spaceparallax] 19/1/2005 19:34

The share price gains since mid December are superb, although I am at a loss to see why. We've seen almost 20% gain and more would be nice, but I can't feeling that unless VERY positive news is delivered soon, there is likely to be a correction to the lower 500s. Any feedback would be welcome

[riskblue] 19/1/2005 14:39

This stock is certainly gaining momentum since the recent analyst updates. How far can it go? £6 is starting to look a bit soft.

[penpont] 16/12/2004 21:29

Some interesting news following on from the excellent trading update.

Todays announcement re. Newpost road project revenues looks good - am I correct in thinking that a good part of this 6-9m revenue will be straight to the bottom line? It's also good that more of this sort of recurring revenue might be forthcoming from similar projects.

Notice also that a director sold a chunky 800k+ shares today - found a home for them at 520p too and the sale didn't cause much of a falter in the further 4% rise.

I notice Arbuthnot have recent forecasts which I think are the highest yet:

Arbuthnot Securities 15-12-04 BUY 29.00 47.00 18.4032.50 53.30 20.20

Personally think there's 6 quid min in this over the next 12 months .

[alter ego] 14/12/2004 13:54

trading update - looks very promising

[master rsi] 13/12/2004 14:19

Some good news today, buying something on the cheap from( administration ) ...

LONDON (AFX) - Morgan Sindall PLC said that Bluestone, its construction
division, has completed the acquisition of part of Benson Ltd, which went into
administration today, for 3 mln stg.
The acquisition comprises three construction divisions which employ 175
people at three offices in Reigate, Hatfield and Southampton.
Benson Limited provides construction, interior fitting out, refurbishment
and property maintenance services predominantly in the South East of England.

--------------
Do not worry about "haytack" comments, he was having a few bad days.

as someone would say, looking for a pin on the wrong CHART.

[spaceparallax] 28/11/2004 21:53

Sentiment suggests 460p despite the fundamentals. Perhaps a long term winner; however, is it worth sitting tight for that long? Why lock up cash that can earn elsewhere such as GDYO, which is runoured to be hot for a big rise to C.470. Seems hard to believe, but has been heard from several sources.

[tracter boy] 21/11/2004 17:04

Can this stock benefit from demise of Jarvis?

BTW - eat your heart out Haystack (post 371), suggest you look at the fundamentals and not just charts.

[sweeneytodd] 18/11/2004 16:56

Next stop 482p.

[alter ego] 18/11/2004 14:50

Morgancivils, would you care to substantiate this? According to MGNS website dated 30 Sept 2004,

"Morgan Est, Morgan Sindall's infrastructure services company, has been named a preferred supplier in the delivery of Severn Trent Water's, five year, multi-million pound AMP4 programme of water infrastructure and environmental improvements due to start in April 2005. Morgan Est's construction work is expected to be worth between £75 million and £100 million over the period."

verify it yourself at

[morgancivils] 18/11/2004 13:41

Has nobody heard about the total destruction of the once large & proud Morgan water division since June 04 & consequently there inability to secure any of the water industries amp 4 phases due to start in 2005.
All thanks to a few individuals who were in charge of the Anglian Water amp3 work load. Now nobody wants to touch them with a barge pole.

Watch the share price come down next year when the effects of this lost work takes effect.

[pfb5] 18/11/2004 10:13

"we're in the money, we're in the money...."

at last - keep going, old son!!!!!

[puku] 15/11/2004 08:53

patience will pay on this one, i'm happy to zzzz for now. excellent first half, £39m in cash, strong order book, new orders to kick in next year. expect a surge around prelims in feb.

[haystack] 27/10/2004 16:55

Anotehr loser of a srock on the decline

[banney] 30/9/2004 16:26

great news regarding the new contracts - should see this tick up nicely soon

[morose] 13/9/2004 13:38

zzzzzzzzzzzzzzzzzzz

[morose] 11/8/2004 18:40

Anyone explain why the huge amount of sells, (directors ditching???), at lunch time today, had no affect on the share price?

Does this director trading send out a bad message for future prospects?

Hardly an incentive for investors to buy unless I'm misreading the situation.

Anyone have any opinions?

[40plus] 09/8/2004 13:32

Agree - So anyone know why Numis are so negative with a target price of £4.28 (You can get a precis at www.numiscorp.com, research) Maybe they're negative on the secor it's hard to tell?

[master rsi] 09/8/2004 12:04

From ....SHARES STRONGLY UP this week 09/08/04 (UPS)

Very good results indeed, as everything is up, from profits to order book

Sales UP 8%
Profits UP 23.3%
EPS UP 20.65%
Divident 10.52%

The cash has grown to £39M from £14.6M last time full Year results

Order book has double since last Year to £1.55bn

OUTLOOK
"very positive with market growth driven by increasing expenditure
from the government and housing associations".

[gre] 09/8/2004 08:01

An excellent set of results from MGNS this morning with eps up 26% and improving market conditions in the fit-out and affordable housing divisions.

With an order book of £1.55bn and cash in the balance sheet at £39m the future has never looked brighter.

[littlewillie] 05/8/2004 17:56

Had some 'inside track' info on this mob but not seeing a lot happening, anyone any opinion "wha's up?"

Where's that silly old rascal from Stoke a'ways...lw's here in Blighty for 4 weeks and enjoying life, say hello to Mo!!!!

[bumpy dog [new]] 04/8/2004 18:48

From that font of all knowledge, RNS: "Morgan Sindall plc will be announcing interim results for the six months to 30 June 2004 on Monday 9 August 2004."