Morgan Sindall Share Discussion Threads

[martinthebrave] 11/5/2017 13:27

Construction wins for April - £285m - hxxps://www.constructionnews.co.uk/data/league-tables/galliford-try-takes-first-league-win-in-five-years/10019753.article

[broadwood] 09/5/2017 16:02

Peel Hunt today reaffirms its buy investment rating on Morgan Sindall PLC [LON:MGNS] and raised its price target to 1200p (from 900p).

[broadwood] 04/5/2017 07:24

That should do nicely.

Based upon the size and quality of the Fit Out order book and its operational performance to date, and with the lower net interest charge resulting from the better cash performance, the Group is on track to deliver 2017 full year results slightly ahead of its previous expectations set at the 2016 full year results on 23 February 2017.

[denbos] 28/4/2017 13:45

Quick research - realised the issue was buying before EXdiv by computer that climbed past the 22p dividend & dropped to correct beautiful error. Love it when technology screws greed up.

[denbos] 28/4/2017 13:39

Whats with the suudden fluctuation in price? Up 44p & down a bit more?

[bend1pa] 23/2/2017 15:26

Yes. Still doing surprisingly well, considering the uncertainty in the UK construction sector with local authority cutbacks and general feeling of gloom in the UK sector. The shares are still a strong hold but are volatile. Could yet see £10 if the market doesn't crash.

[broadwood] 23/2/2017 15:23

Very quiet thread for a share that's all but doubled in four months.

Infrastructure and affordable housing are buzzwords for excitement these days.

And if you exceed expectations too, well...

[wjccghcc] 23/2/2017 08:25

Very good results. Topped up first thing.

[broadwood] 23/2/2017 08:02

Very promising start.

[broadwood] 23/2/2017 07:15

From this strong base, we are confident in the outlook and expect the positive momentum across the Group to continue through 2017 and beyond. With significant opportunities in Partnership Housing, the continued improvement in operational delivery in Construction & Infrastructure, and the size and quality of our secured order book in Fit Out and elsewhere across the Group, we are well-placed to deliver a result for the year which is slightly above our previous expectations."

[jadeticl3] 22/2/2017 13:19

This company is currently defying Exiles prophesy by some margin. Any possibility that he is simply------wrong?

[broadwood] 05/1/2017 16:36

Nice bump up on that news.

[broadwood] 05/1/2017 10:53

Morgan Sindall Group plc awarded share of GBP500m TfL Surface Transport Framework
Morgan Sindall Group plc, the construction and regeneration group, is pleased to announce that it has been awarded one of three places on Transport for London's (TfL) Surface Transport Major Projects Framework, through its Construction & Infrastructure division.
The four-year framework is anticipated to be worth GBP500m between the three appointed contractors and will commence in early 2017.
The work entails the design and delivery of complex civil engineering construction projects as part of TfL's GBP4bn investment in London's roads. These include the enhancement and refurbishment of highways, tunnels, bridges and other structures across Greater London on TfL's road network.
John Morgan, Chief Executive of Morgan Sindall Group, commented:
"This contract win demonstrates the positive momentum behind our infrastructure business which continues to prove its expertise in delivering high-quality and complex projects. We are delighted to be appointed by TfL, and look forward to delivering this crucial scheme

[bidmsa] 12/12/2016 08:16

market cap on £333m

[bidmsa] 12/12/2016 08:14

this should have doubled £750m contract

[wipo1] 11/8/2016 15:34

Bend1pa yes you could be right but I don't like holding stocks in this sector long term.A profit never a profit until it's banked

[bend1pa] 11/8/2016 13:35

Wipo1 - No harm at all in taking a profit quickly, and I'm tempted myself to exit at a 25% gain in just under a fortnight. But when the CEO yesterday splashes out on a big quantity of shares in his company, and considering its small size, it's a better idea in that case to stay put (IMO).

[wipo1] 11/8/2016 11:00

I'm out nice profit

[master rsi] 11/8/2016 09:11

That's a biggie and that is £3,200,000

did the CEO rob a bank? or just ask for a loan, maybe is the dividends accumulation over the years on the bank account, that by the way they do not pay much interest this days, so better buy the shares now they are down .........

Director Deals - Morgan Sindall PLC (MGNS)

John Morgan, Chief Executive Officer, bought 500,000 shares in the company on the 10th August 2016 at a price of 640.00p. The Director now holds 4,504,352 shares.

[pyglet] 11/8/2016 08:03

Just re-read RNS, I believe he bought them......nice confidence oozing through.

[pyglet] 11/8/2016 07:58

Has he bought them or been given them?

[davr0s] 11/8/2016 07:16

Maybe they were buys as CEO seems to have bought £3m worth - nice

[davr0s] 10/8/2016 19:42

Some big sells that seemed to ignite the price. Nice uptrend now

[wipo1] 04/8/2016 16:55

Yes nice I picked up a few on results day for 606p :)

[bend1pa] 04/8/2016 13:09

And off they go. I love shares that have performed well over the years that so few take an interest in on forums. It's difficult to find such shares with a good track record, little PI interest and lowly rated, but when you do it's nearly always a good sign. :-)