Morgan Sindall Share Discussion Threads

[uhound] 18/2/2013 13:43

Date from company website - Sharescope date unconfirmed.

[piedro] 18/2/2013 13:02

Is that confirmed?
Sharescope has 21/02/13

[uhound] 18/2/2013 09:08

Results due out tomorrow - 19/2/13

[uhound] 12/2/2013 15:59

Does not seem to put off the buyers today?

A couple of good size trades gone through above 600 this afternoon.

[piedro] 12/2/2013 11:52

Any other news?

Amec appeal refused over £94m costs on submarine
jobAaron Morby
Tue 12th February | 7:45
Amec's legal battle to reduce the amount it must pay of a £93.6m cost overrun on a nuclear submarine jetty contract at Faslane has failed.
Now Amec and partners Morgan Sindall face a huge bill as they hammer out with the Ministry of Defence what proportion of cost overruns were properly incurred on the troubled project.
A costly legal battle has been running as both firms struggle to finish the Faslane SSN Berthing Project, first revealed in the Enquirer, more than four years late and at an expected final cost of £235.7m. .... ....

[smicker] 08/2/2013 13:35

Serious transaction on Wed then. Franklin took 8% of the company off Aviva's hands. That should help to clear out any overhang

[jadeticl] 06/2/2013 12:34

Now over 600p so the recovery from the low of about 500p has been rapid. I bought more when they fell but had to pay 515p. These are a firm hold for me as long as the divi is held at 42p.

[barlick] 02/2/2013 19:02

Not a good week with a bit of recovery at the end.

Believe though that the sentiment is good overall.

GLA

[gary1966] 28/1/2013 14:11

History shows that the rsi consistently tops out at 80 on these and we are approaching this level. I am looking for an entry point here but this is the one thing that concerns me presently.

[piedro] 28/1/2013 12:37

Congrats all.

Plenty of movement today
MM's well outside the spread

[willydoctor] 28/1/2013 09:06

Fingers crossed for positive noises today. I am hoping they will make some kind of statement re: diversification into more profitable areas such as rail, and maybe an update on the Slough project?

[hyden] 24/1/2013 19:16

I trhink the next 50p will come pretty quick. looks like a bowl is forming in my opinion. :-)

[jadeticl] 24/1/2013 11:34

This is moving nicely away from the lows around 505p. Looking healthy in my opinion.

[uhound] 18/1/2013 13:21

Results due in a few weeks - no surprises expected, but reassurance should aid the recovery back to a sensible valuation.

[jadeticl] 18/1/2013 13:06

I have held these for a long long time so they have been a multi bagger for me--and excellent divi over the years.

[slytherin] 18/1/2013 10:29

510p was my entry, not expecting spectacular returns but a good solid low-risk 20%

[jadeticl] 17/1/2013 20:35

I bought again at 515p and hope to do well from that, both in capital gain and excellent divi. This still looks a buy on a one year basis.

[uhound] 15/1/2013 10:48

I agree.

Down trend has started to reverse, Company has no debt, steady profits, fantastic yield over 7%.

New contract wins announced could see the shares rebound strongly.

[alter ego] 12/1/2013 14:17

"I cannot believe there is so little interest here."

try the other thread

[jadeticl] 12/1/2013 14:11

This share has been the subject of some analyst interest--e.g. Faraday recommendation. I cannot believe there is so little interest here.

I have bought more at 515p, and am expecting that they will rise gradually. I am pinning my hopes on a maintained divi of 42p, yielding a very handsome return,

[harmonics] 07/1/2013 19:48

I really don't see MGNS as a good short from here!
A smidge of good or even stable news and the shorters could take a trousering!!

[barlick] 04/1/2013 17:48

Bought into this recently but it appears to be quite heavily shorted & not fun to watch.

Think it a decent long term purchase though & very good dividend while waiting!

Onwards & upwards!!

[yam114] 06/12/2012 10:00

Starting to look a bit better.