Morgan Sindall Share Discussion Threads

[bsharman3] 21/11/2012 15:46

and down and down. Has anyone heard anything??

[lord gnome] 21/11/2012 15:40

And still it goes down!

[soi] 21/11/2012 11:49

Bought a few at 519.5 today, unfortunately also bought previously at higher levels.

The share price struggled this time of year last year also if I recall correctly.

[bsharman3] 21/11/2012 09:35

I think I have caught a falling knife. Is there something going on with this one??

[harmonics] 21/11/2012 09:09

I have put a buy order in at 525.
I wanted to get more of my stocks out of financial based shares and have been looking at this stock for months, this presents a fantastic buy in opportunity for me.

[lord gnome] 20/11/2012 17:23

harmonics - I would guess that it will be somewhere around the 520 (ish) lows from last October - have a look at the chart in the header.

[smicker] 20/11/2012 17:21

added some myself today

[a2584728] 20/11/2012 16:55

4000 more added.

[harmonics] 20/11/2012 16:48

I'm with you LG but where TF is the bottom?

[lord gnome] 20/11/2012 16:20

You don't want another RNS - isn't the last one doing enough damage to the share price!

This is now on my radar. The drop looks well overdone and I would like to bottom pick if I can. The yield now looks rather tasty and I don't see any danger to the dividend.

[rburtn] 20/11/2012 16:10

It would if in the other direction.

[rburtn] 20/11/2012 16:09

This seems to me to be the kind of drop which requires an RNS.

[harmonics] 20/11/2012 13:49

Falling knife

[jadeticl] 13/11/2012 14:05

I have identified so many good-buy targets recently that I have no unused money left. What a pity as this company is worth more that this share price

[a2584728] 08/11/2012 16:17

I think these are a definate buy and a target at this price, I have added today.

[deadly] 07/11/2012 15:22

Reaction to the IMS looks harsh; I'm looking to get back in.

The original boss has stepped back in:
Executive Chairman, John Morgan, has been appointed Chief Executive. The Group's Chief Executive, Paul Smith, has resigned

"Overall we continue to target major project and framework opportunities across the Group's market sectors. Our future visibility remains steady with the forward order book currently standing at GBP3.0bn with a further GBP0.7bn of projects at preferred bidder stage (compared with GBP3.4bn order book and GBP0.3bn of projects at preferred bidder stage at the start of 2012). In addition, in line with our strategy to increase our focus on regeneration, the regeneration pipeline has strengthened significantly to GBP2.1bn with a further GBP1.1bn of major schemes at preferred bidder stage (compared with a GBP1.8bn pipeline and GBP0.6bn of schemes at preferred developer stage at the start of 2012). Average net debt for the year to date was, as expected, consistent with that achieved for the first half of the year.

In summary, our underlying trading for the current year is expected to be slightly below the Board's previous expectations although the Group will benefit from the GBP7m gain made on the sale of our medical property investments this year. This gain will in part offset the GBP10m restructuring charge that will be incurred this year. Whilst we are cautious over the outlook for the Group in 2013, the medium-term prospects for the Group are improving with our increasing emphasis on regeneration, infrastructure and major long-term frameworks."

[alter ego] 12/10/2012 09:20

Pref bidder for Sellafield.

[northernlass] 26/9/2012 03:27

Brokers Remain Bullish

BROKERS REMAIN BULLISH ON MORGAN SINDALL

07 August 2012

JP Morgan Cazenove reiterates its Overweight rating for construction and infrastructure company, Morgan Sindall Group.

30 August 2012

Jefferies International initiates its coverage of Morgan Sindall with a BUY recommendation and sets a target price of 840p.

11 September 2012

Numis upgrades Morgan Sindall from an ADD to a BUY rating but maintains its target price of 800p.



P.S.
Here's some links about SCLP, one of the hottest stocks at the moment:

[bulgill123] 07/9/2012 09:20

I have been buying bits and bobs of these for a while now, but while fundementals are very good, what would it take for them to move on with a bit more vigour?. Whats our chances of getting the nuclear contract? Awards must be about due.

[tday] 06/9/2012 17:45

Are their any parallels between Morgan Sindall and May Gurney?

[piedro] 03/8/2012 10:56

Morgan Sindall launches standardised school design
Aaron Morby
Thu 2nd August
Morgan Sindall has launched a standardised school design to help cash-strapped local education authorities upgrade schools.
The builder said it would draw on the expertise of subsidiary Morgan Sindall Investments to unlock funding options to ensure projects are viable.
These will include increasingly prevalent asset backed vehicle and land swap arrangements in addition to leasing and project finance structures.
The Community Plus product is a range of new standard designs based on timber frame structures for primary schools and a shell and core approach and built around a steel frame for secondary schools.
The new designs draw on the firm's experience of building 261 primary schools, 64 secondary schools and seven academies during the last three years.
Graham Shennan, managing director of Morgan Sindall, said: "We've taken the time to look at what's really important in education and settled upon a two-tier approach, where we can offer development solutions through Community Plus alongside a new range of model schools."
Nigel Badham, MSIL Director, said: "In today's budgetary environment for schools, access to funding is more important than ever.
"There is a clear need for innovative thinking which could well include unlocking the value of land assets that local authorities, free schools and academies already own." ...

[harmonics] 09/6/2012 06:17

Looks like a very stable platform for long term ISA pension investments, if I can get >7% PA returns I'm in.

[alter ego] 28/2/2012 14:08

Agreed, have also held for many years, buying when cheap, selling some when high and banking nice dividends along the way. My average buy price is now £1.64 so MGNS has been a good core holding here too.