Morgan Sindall Share Discussion Threads

[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.

[mfhmfh] 10/5/2018 18:44

IC tip of the week. 2018 EPS estimates raised to 134p, PE of approx. 10.

[mfhmfh] 09/5/2018 17:42

waiting for share price to break 1,400p and rise steadily from there to new highs.

[norbert colon] 09/5/2018 11:19

Any specific feedback from the AGM if anyone attended?

[bogdan branislov] 05/5/2018 21:53

Nice write up in the Telegraph, interesting investor comment after the article below:
Morgan Sindall is one of only 3 holdings that I hold in a fully invested concentrated SIPP portfolio. My SIPP has grown over 1,000% in 9 years now without any funds being added, which fortunately allowed me to hold my lifetime allowance at the 2012 level.

Morgan Sindall is a high quality growing business on a low forward PE ratio with a huge cash pile. The forward PE once cash adjusted becomes extremely attractive. So many businesses seem to show profits through their P&L yet struggle to generate cash or net asset growth, they always seem to be in debt. Morgan Sindall is a top quality, growing, cash generative and significantly under priced business.

[mfhmfh] 04/5/2018 10:24

Liberium Capital increase target price to 1,750p (from 1,700p).

Peel Hunt retain 1,600p target price.