ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

MGNS Morgan Sindall Group Plc

3,130.00
-10.00 (-0.32%)
10 Oct 2024 - Closed
Delayed by 15 minutes
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
  -10.00 -0.32% 3,130.00 3,125.00 3,130.00 3,170.00 3,115.00 3,170.00 146,070 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gen Contractor-nonres Bldgs 4.12B 117.7M 2.4569 12.72 1.5B
Morgan Sindall Group Plc is listed in the Gen Contractor-nonres Bldgs sector of the London Stock Exchange with ticker MGNS. The last closing price for Morgan Sindall was 3,140p. Over the last year, Morgan Sindall shares have traded in a share price range of 1,772.00p to 3,185.00p.

Morgan Sindall currently has 47,905,936 shares in issue. The market capitalisation of Morgan Sindall is £1.50 billion. Morgan Sindall has a price to earnings ratio (PE ratio) of 12.72.

Morgan Sindall Share Discussion Threads

Showing 876 to 899 of 1675 messages
Chat Pages: Latest  43  42  41  40  39  38  37  36  35  34  33  32  Older
DateSubjectAuthorDiscuss
17/8/2010
10:58
A very sound company. Strong cash position, negligible pension deficit, well managed, well placed to face any further challenges and to benefit from upturn in future. Happy to hold and receive good divi.
jashunter
16/8/2010
16:40
Just back from holidays so am reading results for first time. Given the prevailing economic conditions the results appear fine. Pleased the divi was held. That suits me for now.
jadeticl
09/8/2010
17:00
Look very interesting!
pallett
09/8/2010
10:00
Excellent results: P/E 7, yield 7.5%

liked these bits:

- Forward order book improved by GBP0.5bn since the start of year to GBP3.7bn
- net cash balance of £138m (2009: £89m)
- Well placed to increase profitable market share
- Positive start continuing which underpins our confidence of meeting our expectations for the full year

what more do you want? Far too cheap.

deadly
09/8/2010
08:34
INTERIMS TODAY

Maintains dividend and cash balances well UP ...........

Morgan Sindall revenue down 14% in first half

Construction and regeneration group Morgan Sindall reported a 14% fall in first-half revenue to £0.98bn from £1.14bn.

Adjusted profit before tax for the six months to June 30 was 3% down at £23.1m compared with the previous £23.9m.

The group held its interim dividend at 12p.

Cash balance was £138m, up from £89m, with £100m of undrawn banking facilities and no material pension deficit.

The group said its forward order book had improved by £0.5bn since the start of year to £3.7bn.

Construction & Infrastructure recorded an operating profit of £12.2m, down from the previous £15.0m, on revenue of £612m versus £797m.

Affordable Housing was flat, with operating profit of £6.9m (2009: £7.1m) on revenue of £173m (2009: £178m).

Urban Regeneration improved to an operating profit of £0.8m against a 2009 loss of £1.1m, on revenue rising to £15m from £5m.

During the period Construction and Infrastructure Services were combined in a new division, increasing efficiency.

The group acquired Powerminster Gleeson Services, expanding Affordable Housing division's response maintenance scope and capabilities.

Chairman John Morgan said, 'These results demonstrate our continued strategic and operational progress.

'Whilst we are conscious that market conditions remain challenging, our financial strength, breadth of capabilities and leading positions across a range of market sectors leave us well placed to capture further market share.'

A continued focus on cost reduction had seen a further £16m of annualised savings realised, in addition to £38m announced.

master rsi
05/8/2010
13:18
Interims Monday 9th of August.
piedro
15/7/2010
10:35
Morgan Sindall has been awarded a £5.2m construction contract to renovate the University of Sunderland's Sciences Complex.
piedro
02/7/2010
23:14
Nice trading update. This company is so undervalued compared to a lot of junk on the market e.g. WSH, HILS
deadly
01/7/2010
11:05
another contract ...

Morgan Sindall wins £16m veterinary college contract
Morgan Sindall has won a £15.6m construction contract to upgrade student accommodation at the Royal Veterinary College (RVC) in North Mymms, Hertfordshire

piedro
01/7/2010
11:00
It would seem that the market did not like the acquisition
piedro
27/6/2010
00:43
Orders keep rolling in, it seems. When the upturn comes tink how well placed this company will be. Mealwhile the divi looks great!
jadeticl
22/6/2010
13:21
Morgan Sindall has been awarded a £20m deal from Defence Estates for the construction of new military buildings in Woolwich, south London, which will house Army horses.
The relocation of King's Troop Royal Horse Artillery from St John's Wood to Napier Lines, Woolwich, involves construction work for administrative, technical and equestrian accommodation.
The contract covers a mixture of refurbishment and new build, and the facilities will cater for a total of 171 personnel and 132 horses.
Morgan Sindall will also be required to build an indoor riding school, external menage, all weather trotting track, farrier's / blacksmith workshop, parade ground, sadler's shop, armoury and ammunition store.
The project will also involve infrastructure works including a link road across a public highway and site entrance works.
The facility is scheduled for completion in the final quarter of 2011.

piedro
21/6/2010
07:48
TIDMMGNS

RNS Number : 9085N
Morgan Sindall Group PLC
21 June 2010

?

21 June 2010

MORGAN SINDALL GROUP PLC WINS GBP95.4M
TAYSIDE ACUTE ADULT MENTAL HEALTH DEVELOPMENTS PROJECT

Morgan Sindall Group plc, the construction and regeneration group,has been
awarded a GBP95.4 million contract to design and build the Tayside Acute Adult
Mental Health Developments scheme in Scotland.

Morgan Sindall, the Group's construction and infrastructure division, working
with Morgan Sindall Investments Limited and Robertson Capital Projects, on
behalf of NHS Tayside and the North of Scotland Planning Group, will design and
build new mental healthcare facilities at Murray Royal Hospital in Perth and
Stracathro Hospital in Angus.

The inpatient facilities provided will create 183 new bed spaces at Murray Royal
Hospital, with an additional 52 at Stracathro Hospital. Work at Stracathro
Hospital in Angus is scheduled to complete in September 2011 and at Murray Royal
Hospital in April 2013.

Paul Smith, Chief Executive of Morgan Sindall Group plc, said:

"We are very pleased the scheme has reached financial close and we have been
chosen to deliver these major healthcare projects. This appointment recognises
our expertise in the design and delivery of high-value, complex facilities,
particularly PPP and PFI hospitals. This contract demonstrates how the combined
skills of the new Morgan Sindall construction and infrastructure division,
supported by Morgan Sindall Investments, enables us to provide state-of-the-art
facilities. It also enhances our position as one of the leading construction
groups in the health sector."

Ends

shano2
16/6/2010
13:43
Morgan Sindall awarded £18.5m college deal
Morgan Sindall has been awarded the construction contract for an £18.5m sixth form college in Lowestoft, by Suffolk County Council.
The contractor will design and build the purpose-built facility at the Lowestoft College campus in St Peter's Street. It will accommodate around 950 pupils and replace the existing sixth forms at three high schools in the town.
With a floor area of 8,027 sq m, the four-storey building will house a large performing arts space, specialist teaching facilities equipped with the latest information technology systems, and learning pods suspended from a central atrium.
Morgan Sindall will also create new car parking facilities and carry out additional landscaping works.
The new sixth form building will achieve a BREEAM rating of 'Excellent' and will incorporate a number of sustainable features including high levels of insulation, rainwater harvesting and photovoltaic technology which converts sunlight to energy.
In addition, Morgan Sindall will create a series of concrete ducts beneath the building to supplement its heating supply with natural thermal energy from the earth's core.
The project is due to be completed in August 2011.

piedro
11/6/2010
13:05
June 10, 2010
Lancs takes The Point from Morgan Sindall
By Simon Binns
Lancashire County Cricket Club has been handed the keys to its new £15m conference and events venue, The Point.
They were presented by construction company Morgan Sindall during an official handover ceremony on the Old Trafford pitch. Morgan Sindall's Area Director Jim Morgan handed over the new facility on time, 14 months after work started last April. ... ... ...

piedro
17/5/2010
16:36
Ouch, this has dropped onto my radar - what's pushing the price down then?
zcaprd7
12/5/2010
09:26
Thanks Piedro, here's a bit more:

MJ Gleeson is to sell its social housing maintenance arm Powerminster Gleeson Services to Morgan Sindall's social housing division Lovell, Construction News understands.


The sale is expected to be announced to the Stock Exchange in the coming days after negotiations approached a conclusion between the two parties.

Construction News revealed earlier this month that PGS was up for sale, prompting chief executive Keith Shivers to send an internal message to the firm's staff.

That message said: "There has been an offer recieved for Powerminster which the group is considering but as you will appreciate I cannot say more at this particular stage."

In the e-mail Mr Shivers also denied that the sale was needed to raise cash, as had been suggested.

Gleeson had instructed merchant banking group Close Brothers to find a buyer for £18.1 million turnover PGS.

PGS employs in the region of 200 staff. It is not known whether the takeover will result in job losses.

PGS carries out repair and maintenance services, predominantly in the social housing sector.

Lovell, which employs over 1,500 people, refurbishes 18,000 homes a year.

MJ Gleeson refused to comment, while Morgan Sindall said it could neither confirm nor deny bid speculation.

PrintEmail Save

sruthan
11/5/2010
12:40
Powerminster Gleeson to be sold to Morgan Sindall's Lovell
10 May, 2010 | By Nick Whitten
MJ Gleeson is to sell its social housing maintenance arm Powerminster Gleeson Services to Morgan Sindall's social housing division Lovell, Construction News understands. ... ...


.... it's a subscription paying article and I have not been able to find any further news.

piedro
11/5/2010
12:25
OXMAN - I was referring to the format, not the content.
piedro
17/4/2010
21:48
Looking good for recovery and catch up with other construction stocks.
deadly
23/3/2010
22:54
can u enlighten us on what you mean?
its the oxman
19/3/2010
16:13
Just seen the Annual Report ......


.... a sickly piece of work - IMHO

Not a pleasure to read.

piedro
10/3/2010
13:56
Locked in at 7.7% divi (providing they can continue to make the payments) but I reckon that if they were considering a divi cut, this year would have been the time as so many others are cutting. So I remain hopeful of a slow rise in everything over the next two years with divi held.
jadeticl
04/3/2010
23:08
This stock is so cheap it's incredible.
deadly
Chat Pages: Latest  43  42  41  40  39  38  37  36  35  34  33  32  Older

Your Recent History

Delayed Upgrade Clock