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 discussion Register to chat with like-minded investors on our interactive forums.

MGNS Morgan Sindall Group Plc

3,140.00
40.00 (1.29%)
09 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
  40.00 1.29% 3,140.00 3,135.00 3,145.00 3,185.00 3,100.00 3,185.00 364,283 16:29:51
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gen Contractor-nonres Bldgs 4.12B 117.7M 2.4569 12.78 1.49B
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 3,100p. 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 £1.49 billion. Morgan Sindall has a price to earnings ratio (PE ratio) of 12.78.

Morgan Sindall Share Discussion Threads

Showing 901 to 922 of 1675 messages
Chat Pages: Latest  43  42  41  40  39  38  37  36  35  34  33  32  Older
DateSubjectAuthorDiscuss
19/11/2010
08:52
kibes, how long have you been following MGNS? Have you been with them through earlier recessions? Have you compared the way they recognise profits compared with Connaught? Simply saying "they are in the same business" is far too simplistic. I am a fan of MGNS and have been for many years, and I am not expecting such a conservative management to go bust in this recession,
jadeticl
02/11/2010
16:28
Lovell has been appointed to two major housing frameworks, valued at £210m, in Scotland.
Glasgow City Council has selected Lovell as one of the framework contractors for the second phase of the redevelopment of the historic Maryhill Locks site. The framework, worth £75m overall, will include the creation of up to 700 new home in Glasgow's 'canal corridor'.
It has also been chosen by property management, development company and regeneration specialist Places for People as a member of its £135m, four-year framework which has the capacity to deliver 1,500 new homes across Scotland's central belt.
Lovell regional director Alan Taylor said: "With leading expertise in new-build housing as well as housing refurbishment, we strongly welcome our appointment to these key housing frameworks in Scotland."

piedro
06/10/2010
12:45
Morgan Sindall has been awarded a £14.8m contract to construct new civic offices for Wakefield Metropolitan District Council.
The contractor will build a five-storey commercial building at Burton Street, Wakefield.
The client is English Cities Fund (Ecf), a joint venture partnership which comprises urban regeneration and property development company Muse Developments, Legal & General, and the Homes & Communities Agency.
The new 123,000 sq ft building, in Wakefield city centre, will include open-plan office space with a central atrium, extensive glazing and external rainscreen cladding with terracotta tiles.
Chris Brown, Morgan Sindall area director, said: "As a local company, we are delighted to be involved with the building of state-of-the-art facilities for the city council's staff. We aim to reduce the carbon footprint of all our projects so we will be using renewable sources wherever possible."
Work on the concrete frame of the building will commence in October, following the completion of the piling and groundwork elements of the project.
Morgan Sindall is aiming to achieve a Building Research Establishment Environmental Assessment Method (BREEAM) rating of 'Excellent' for the scheme by introducing a biomass woodchip boiler, and using local suppliers wherever possible, in addition to control and management of waste on site.
The project is due to be completed in December 2011.

piedro
30/9/2010
10:48
More contracts


The four teams are:
•Mott McDonald / Bentley
•Earth Tec / Morrison joint ventre
•Morgan Sindall / Grontmij
•Black & Veatch


Lovell will tackle one of Scotland's biggest new-build council housing programmes, after winning a £45m contract from West Lothian Council.
The Morgan Sindall social housing subsidiary will design and build 545 council houses on a number of sites throughout the region. ... ...

piedro
27/9/2010
20:44
Naked Trader bought in last week. He rarely gets it wrong.
deadly
16/9/2010
12:56
Skunkjam - any chance of adding Morgan Sidnall to the title of this thread.
Thanks

shano2
15/9/2010
23:37
Master RSI - if you are going to continue using this thread could you at least update the header with more data as on the other one.
deadly
15/9/2010
11:44
Posted on the other thread re contracts last Friday.

There are always synergies on this type of deal and not withstanding the outlook for the sector MGNS looks well placed with a good dividend and cheap valuation

gopher
10/9/2010
22:38
Thing is, other contracts will be lost though...
the_doctor
10/9/2010
22:37
Result!
Should have seen that as likely as soon as CNT went pop

the_doctor
10/9/2010
22:24
Well the predictions of Mark1000 (see 420) are miles adrift, and today's news puts that view well and truely to bed. Back to 720p. Good show. And the divi may be more secure than it may have seemed at the time of announcements early this year.
jadeticl
10/9/2010
18:23
JudyElliot - You may be right but would you want to re-tender given the risk of paying more now Connaught has departed - tendering is a lot of work for all parties; I expect most Councils will not want the hassle. Break clauses usually work both ways and MGNS may even be able to get rid of the underpriced contracts.

A major competitor going bust is almost always good news for those remaining & it will be intereseting to see the broker forecasts in the coming weeks. The shares have been much higher today and were inexpensive in the first place. I bought a small amount just north of 700p.

gopher
10/9/2010
14:24
MGNS may have 'bought' these contracts but will they actually be able to take them over?

Most contracts of this kind have a 'break' clause meaning if the contractor goes into administration, the Council would be entitled to re-tender the contract and quite possibly place it elsewhere.

So I wrote 'bought' in inverted commas because they may not have actually purchased any real rights? May in fact have paid out money (not much, admittedly) for old rope ?

judyelliot
10/9/2010
09:28
deadly - someone allways knows in the city before the general populace...........!
gorilla36
10/9/2010
09:18
Yes good move from this excellent company.

Someone in the market knew of this yesterday - explains the purchase of 7800 after the market close well above the closing price.
I placed a limit sell order at 652 and got filled at 661!

deadly
10/9/2010
09:12
Clearly the city likes the deal.
riskblue
10/9/2010
09:09
Every cloud and all that....

DL

davidlloyd
10/9/2010
08:50
£200m of low margin revenues adds £15m + to market cap

ABSURD
(EDIT: £40m !)

phillis
10/9/2010
07:08
Well done Mr Morgan, good deal it seems.
johnrxx99
08/9/2010
14:23
Morgan Sindall 'fights hard to stand still' as public sector cuts construction
... ... The Morgan Sindall boss said Connaught's problems may provide "minor opportunities", but warned: "I suspect they have contracts that most people will not be keen to take on. ... "


Connaught to enter administration, 10,000 jobs at risk
... ... The proposed administration already means that housing associations will need to find new contractors to maintain their properties, with businesses such as Mears and Morgan Sindall (LSE: MGNS.L - news) eyeing deals that could lead to some Connaught staff being kept on. ...


Rival contractors are vying to take over Connaught jobs as the firm confirmed its fall into administration.
... ... Bob Holt, chairman of Mears Group, said: "We are watching the situation carefully and we are ready and willing to pick up work if it becomes available, we have been approached.". ...

piedro
01/9/2010
11:03
More contracts announced - there was one yesterday for £5m, but double figures are better.....

£20m contract powers Morgan Sindall
Date: 01 September 2010
Construction and infrastructure company Morgan Sindall has secured a £20 million project to build a manufacturing plant for Aggreko, the temporary power provider.
Sindall said it would create up to 200 jobs during the construction phase.
Aggreko, whose generators are used worldwide, is relocating its Dunbartonshire facility to the new single-storey building, covering 160,000sq ft of manufacturing space and 25,000sq ft of office and ancillary accommodation, under previously-announced plans.
Work begins this month and is expected to complete next June.
Harry Thorburn, Morgan Sindall managing director in Scotland, said: "The manufacturing sector is showing encouraging signs of growth in Scotland with a significant rise in new orders."

piedro
19/8/2010
13:57
Plans for new-look Stockbridge Village approved
16 Aug 2010, 08:27
Michael Hunt
The regeneration of Stockbridge Village centre has been given formal approval by Knowsley Council.
The council's planning committee agreed unanimously to approve the £25m proposals that includes the creation of a new swimming pool, gym and leisure facilities, learning resource centre, police access point, primary school, children's centre and family centre, multi-use games area and a supermarket.
... ...
Barry Roberts, Morgan Sindall area director, said: "These changes will have a tremendous impact on the local economy during the construction process and upon completion by generating local job opportunities.
"We have considerable experience of delivering complex schemes like this and we understand the logistics involved in completing multiple phases on time and to the highest standard." ... ...

piedro
Chat Pages: Latest  43  42  41  40  39  38  37  36  35  34  33  32  Older

Your Recent History

Delayed Upgrade Clock