Morgan Sindall Share Discussion Threads

[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. :-)

[pyglet] 02/8/2016 07:57

Great results - increased dividend - what's not to like.

[bend1pa] 28/7/2016 17:10

Can't see any reason why these have suddenly decided to fall off a cliff unless some insiders have got wind of bad news to come in the results. That happened with IRV where there was clear insider trading. But 1 director bought 10,000 shares just a month ago when they were a little higher than now.

MGNS have been on my watchlist and seemed surprisingly overvalued for a long time, but no brokers downgrades so far or of bad times to come. I've taken the risk before the results and bought some at 568 as they seem to be fair value now.

[pyglet] 28/7/2016 16:18

Results 2 Aug

[pyglet] 22/7/2016 16:05

Massively oversold this is.

[denbos] 22/7/2016 10:04

Amazing reaction to glory. There is a huge up side for existing contracts. The imagination loses perspective of growth.

[piedro] 10/6/2016 08:46

Dozen firms bag new £5bn public sector framework