Morgan Sindall Share Discussion Threads

[alotto] 01/11/2018 07:21

How much warning behind these statements?
..
The Group's committed order book as at 30 September 2018 was GBP3.4bn, down 11% from the year end position (down 5% from the half year)...

As at 30 September 2018, Fit Out's order book was GBP470m, down 13% from the same time last year and down 6% from the year end...

Investments has been held back by further slippage in timing of some schemes in its strategic property partnership joint ventures with local authorities, which will impact its performance for the year.

[jadeticl3] 15/10/2018 09:27

These analyst’s target prices look at odds with what is happening! But why such a decline in this share’s price. No bad news I know of justifies this. Why then?

[jack_c_hk] 11/10/2018 08:09

Ex-div today

[mfhmfh] 09/10/2018 09:51

Liberium Capital target price 1,750p


Peel Hunt target price 1,600p

[goldry] 09/10/2018 09:23

Drifted below the 200 day MA. No obvious reason for the slow decline.

[mfhmfh] 09/10/2018 09:15

this from half year results published on 08.08.18:

'the Group is on track to deliver a result for the year which is slightly ahead of its previous expectations.'

[mfhmfh] 09/10/2018 09:14

disappointing share price fall.

ex-div on 11.10.18.

[jls21] 21/9/2018 07:29

https://www.constructionenquirer.com/2018/09/20/morgan-sindall-bags-384m-london-scheme-first-phase/

[mfhmfh] 12/9/2018 17:03

few big buys today

[mfhmfh] 15/8/2018 18:04

huge buy gone through late in the day.

[hatfullofsky] 10/8/2018 15:33

Very strange reaction absolutely no strength

[mfhmfh] 08/8/2018 17:28

buy rating reiterated in today's IC.

...broker Numis has increased its pre-tax profit and EPS forecasts to £81m and 147p, respectively (from £66m and 120p in 2017).

EPS of 147p gives PE of approx. only 10.

[hatfullofsky] 08/8/2018 15:22

Not much strength here, taking a breather before the push over 1500

[hatfullofsky] 08/8/2018 10:34

"Slightly ahead of previous expectations FY18" .... don't they keep saying that.

FY18e PBT £78M
FY19e PBT £79M (I think this will get revised overtime)

Resistance at 1500 but lets hope that goes in the next few sessions.

[mfhmfh] 08/8/2018 10:04

Liberium Capital today reiterate buy rating with 1,750 target price.

Peel Hunt today reiterate buy rating with 1,600 target price.

[podgyted] 08/8/2018 09:09

Everything that could have been asked for.

[broadwood] 08/8/2018 09:02

Strong update, share price reacting positively.

[mfhmfh] 07/8/2018 11:50

half year results tomorrow - GLA.

[jls21] 20/7/2018 07:23

https://www.propertyweek.com/resi/morgan-sindall-hails-new-jv-as-biggest-opportunity-yet/5097757.article

[hatfullofsky] 05/6/2018 19:45

Great find. Explains the all time high, onwards and upwards.

[piedro] 05/6/2018 11:47

£2bn Procure North West framework winners
The new building framework has been carved up into four value bands and covers Merseyside, Greater Manchester, Cheshire, Lancashire and Cumbria.
Five contractors have secured places on the major works panel. These are BAM Construction, Laing O’Rourke, McLaren Construction, Morgan Sindall and Willmott Dixon.

[mfhmfh] 04/6/2018 17:55

Blackrock above 5%

[mfhmfh] 24/5/2018 17:22

2 big late buys of above £363,000 and above £153,000.

[mfhmfh] 15/5/2018 09:53

smashed through 1,400p. can it hold above this and push past 1,500p?

PE of 15 gives share price of approx. 2,000p.