Morgan Sindall Share Discussion Threads

[jadeticl] 28/2/2012 13:21

One of my core stocks. I have made a lot of money (on paper) from this company, but I am well down on the good old days. When the economy recovers they should do very well, and are not doing badly in this difficult time. I have pocketed a lot of dividend too over a number of years. All round a good share to buy and hold.

[deadly] 21/2/2012 09:00

Solid results, P/E only about 8, yield 6%.

[jadeticl] 20/2/2012 16:30

I am cautiously optimistic about tomorrow. The main factor for me is that the divi is not cut.

[dixies] 12/2/2012 18:12

FY results on Tues 21st Feb.

[jadeticl] 10/2/2012 19:27

Last year the annual results were issued in mid Feb. Have we been told when they will be announced this year? It should be within the next 2 weeks. From previous Man. Statements I hardly think the divi could be cut, and it is at a satisfactory level.

[cambium] 06/2/2012 11:14

Subject:




DJ Morgan Sindall Awarded 5 Year Sub Station Contract Extension




LONDON (Dow Jones)--Morgan Sindall Group PLC (MGNS.LN), a U.K. construction and regeneration group, Monday said it was awarded five-year substation contract extension as part of Electricity Alliance Central by National Grid.

MAIN FACTS:

-Electricity Alliance Central, a consortium comprising Morgan Sindall, ABB and Atkins, has been awarded extension to deliver major enhancements to the U.K.'s electrical transmission infrastructure.

-Enhancements will primarily involve the design, construction and commissioning of 400kv, or kilowatt, and 275kv transmission substations.

-During the contract extension, which runs until 2016, individual contracts will continue to be awarded based upon project scope, geographical considerations, continual delivery and cost assessment.

-Not possible to place a total value on the contract extension.

-Shares at 1102 GMT up 4 pence, or 0.6%, at 679 pence.



-By Tapan Panchal, Dow Jones Newswires.

[judyelliot] 01/2/2012 13:43

Smicker, I think you can look at high div likely to be maintained, good management, steady business in difficult period, plenty new contracts. And, though margins are currently low, it would only take a small improvement in margins to produce a huge increase in profits.

Looks as if it will come good soom.

[deadly] 19/1/2012 19:55

It is indeed a good company, and hence the fall to ~540 was strange, but equally the recent rise again compared to many construction stocks which have kept their value throughout.
Still, makes it good for trading.

[kunningken] 19/1/2012 08:13

Tipped on Motley Fool. Probably helped the rise. Good company. Hopefully going higher.

[alter ego] 18/1/2012 15:44

business not as bad as feared?

[deadly] 18/1/2012 14:27

Going for it recently - no obvious reason?

[smicker] 10/1/2012 14:27

Any idea why the price has increased over the past while anyone?

[jadeticl] 09/1/2012 20:43

Me too, although it was on my short-list (not a list of companies I intend to short)to buy more for the divi, but before I made a decision it has shot up. It does look a well-managed company in an allegedly difficult market, but orders keep coming in.

[piedro] 08/12/2011 12:41

No problem

Plenty of contracts not making RNS.

[soi] 08/12/2011 09:36

Hi Piedro

Just a quick thanks for posting that article, hadn`t seen it.

Cheers

[piedro] 07/12/2011 12:21

Morgan Sindall poaches regen chief to head schools push
Aaron Morby
Tue 6th December
Morgan Sindall has head hunted a former chief of regeneration at Liverpool City Council to chase and develop education project across the country.
Jayne Hettle takes on the new director post for education and will support Morgan Sindall's amibition to provide strategic advice to the local authorities, trusts, and dioceses responsible for education facilities in the UK.
Part of the role involves helping Morgan Sindall bring the resources of its wider parent group to education projects.
These include Morgan Sindall Investments, which provides project funding; Overbury, which specialises in refurbishment; Lovell, the affordable housing specialist; and urban regeneration specialist Muse Developments.
She joins Sindall from Liverpool City Council where she was assistant director for regeneration for more than three years.
Major regeneration projects, asset management, BSF and capital development and strategic investments all fell under her area of responsibility.
A native of the West Midlands, Hettle was previously head of regeneration at Wolverhampton City Council.
She said: "As a group, Morgan Sindall has the strategic resources, insights and contacts to get projects off the ground that might otherwise lack a way forward. .... ....

[canteatvalue] 09/11/2011 11:14

Trading statement released - on track to meet expectations so all good so far! I think this is a wonderful time to own this share, it looks so much like 2003 - incredibly negative sentiment on a sector at a cyclical low with P/E and yield back to ~7. I really like how this company still has huge founder ownership so you know it's being run for shareholders and I'm impressed by the snapping up of Connaught at distressed prices, laying the foundations for growth when the cycle turns. Really happy to sit back and collect my 7.5% yield till the market turns and the shares get a tasty re-rating...

[speedsgh] 24/10/2011 15:14

MGNS mentioned in Motley Fool article again...

[gopher] 18/10/2011 19:51

As far as I can see the shares fell in the sell off but there is just no interest in chasing them higher.

At this level holding the divi is key and I can't see why that shouldn't be the case even on reduced earning expectations

[jadeticl] 28/9/2011 17:12

Nobody in this coalition knows what largesse is anyway, so if it happens it will be coincidental.

However, if MGNS retains its divi of 42p for the year, and the share price stays around 520p-540p it is worth buying for the divi even if it takes a year or to for the company to thrive again.

[jadeticl] 27/9/2011 17:35

Above I was saying the divi was good at prices below 620p!!! In the past week these could have been snapped up at below 520p. The divi will be great if they hold at 42p. Any comments on this?

[alter ego] 18/8/2011 09:10

largesse? are you kidding? whatever the Govt decide to do to tackle this countries problems, I cannot see largesse being part of the solution.

[raspard] 18/8/2011 08:29

Any thoughts about the impact of recent events on MGNS? Once all the political rhetoric about re-introducing Capital Punishment for rioting and aggravated use of social networking sites dies down some money may be found for urban regeneration projects, if only to keep every single lib-dem voter from going Labour at the next election. Is this company likely to benefit from such largesse?

[alter ego] 17/8/2011 12:12

agreed deadly but nobody wants anything connected to construction, infrastructure or housebuilding just now. Just tuck away and enjoy the dividend.

[deadly] 17/8/2011 09:21

Went XD today for 12p without a fall in the share price despite the poor market.
Recent results and major contract wins confirm this is a great company, unnoticed by most around advfn.