Morgan Sindall Share Discussion Threads

[yam114] 02/7/2013 15:41

broke £6 today at long last.

[yam114] 12/6/2013 16:50

Franklin Templeton increased holding to over 14%.

[deadly] 05/6/2013 22:29

Strong rise on a poor market day - bizarre, but I'm not complaining.

[redips2] 24/5/2013 11:43

Looks like Norges Bank have been shopping again---all helps .

[master rsi] 16/4/2013 08:48

Morgan Sindall wins £63.3m London housing contract

Morgan Sindall said its Affordable Housing division, Lovell, has signed contracts with the Greater London Authority for a £63.3 million mixed tenure housing scheme at Lymington Fields in the Chadwell Heath area of Dagenham.

The site, which once housed part of Barking Technical College in the 1980s, is one of the first to be released by the Mayor of London, Boris Johnson, as part of his drive to unlock development on public sector owned land.

The scheme, to be built on the 12.8-hectare brownfield site, will include 213 homes for private sale by Lovell, 104 homes for affordable rent and 45 homes for shared ownership sale through housing provider Home Group.

[redips2] 11/4/2013 10:05

ave contract win....£11.32 mill

little fish taste the sweetest ! :)

[piedro] 11/4/2013 09:28

Morgan Sindall roars up contracts league rankings
Aaron Morby
Thu 11th April
A flurry of contract wins in March has seen Morgan Sindall jump up the Construction Enquirer contracts league rankings. ....

[yam114] 09/4/2013 15:04

anyone any thoughts on these?
I resisting a top up here but wonder if i'm missing something.

[yam114] 15/3/2013 10:16

starting to look a bit better and a couple of funds have increased their holdings recently.

[gopher] 19/2/2013 22:46

Have not done too well when compared with housebuilders but I get the impression this is a kitchen sink result - really need a bit of keynesian govt spending to get their markets going.

I will hold for now but look for a better statement in 2014 from the revised management team

[redips2] 19/2/2013 21:16

Well said you guys, I too think this is a well run little co, I was happy to add this morning at £5.225 .

[barlick] 19/2/2013 17:14

billy whizz

Well said & I could not agree more.

As an overhang from the days when I only had a small amount to invest I have never invested for dividend only but looked for capital growth. In this day & age capital retention is imperative & the board, to me, seem to have acted responsibly in this statement. Cash is King!

Whilst I have seen better financial statements the fundamentals, to me, seem to be in place for growth in the share price so I am in & staying in.

Hopefully, the loss of the superficial dividend investors will result in decreased volatility.

GLA

[billy whizz] 19/2/2013 16:55

What fascinates me is that there are clearly investors out there who appear to have been surprised by the statement. What planet are they on? I'm just comforted that such a good company is being run thoughtfully and with grit and still offers a useful well-covered div. What with recent rises that are totally against the grain of life, it's rather reassuring to see a solid chunk of reality. I was beginning to wonder where I could sensibly invest but now the neurotics have fled, I can collect more MGNS.

[yam114] 19/2/2013 12:47

I shall continue to hold and may also top up later when share price settles down.

[puffintickler] 19/2/2013 12:16

Not surprised by the fall in SP, even if fundamentals do not warrant the decline there is not much to excite in the short-term so the hot money leaves. It will return later though, so I will be topping up but not for a couple of months just in case the share price drifts lower (though I am not expecting this).

[puffintickler] 19/2/2013 12:13

The Stever4545 post above seems to be a system bug of some sort, it has appeared on loads of threads and does not relate to MGNS.

[stever4545] 19/2/2013 12:04

Stever4545 - 19 Feb 2013 - 11:51 - 189 of 189Global profit year to date: net trading profit up to 19.1% and ahead of peer group. Strategy in place for 20% full trading year net profit and strategic plan in place for the further 90 basis points. These consist of:A) global emerging market strategy and oral and foot care expansion including acquisitions and further expansion of manufacturing capability.B) further expansion globally of project perfect storeC) global strategy of doubling the size of the Company but halving its environmental footprintD) embracement of 13 for 2013 strategic global planE) all seasons global sales strategy ULVR

[redips2] 19/2/2013 11:58

All v quiet here after the figs---which could have been worse, but as already said, yield drop isn't helping---about 4ish I think.

Any thoughts?

[canteatvalue] 19/2/2013 08:03

Results not too bad, but I think the dividend cut isn't going to go down too well...

[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. .... ....