London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Great results and a nice dividend.
8. Dividends. The Board of Directors has proposed a final dividend of 78p per share, an increase of 15% on the prior year. This will be paid on 16 May 2024 to shareholders on the register at 26 April 2024. The ex-dividend date will be 25 April 2024.
I bought today's dip. Good company but bad times! 5% div yield now.
Well here we are at £20. Good company this. Hoping more of a rise is possible.
Very good positive results which should push the sp back to the £20 level. Still a very long way to its year high !!!
LOL! Happy to help. That's a ~6% bounce. All is well.
Well said jim - you sorted that!
Nearly 5% drop and no news?
Think I've spotted a typo in the forecast 2022 EPS figure: https://www.marketscreener.com/quote/stock/MORGAN-SINDALL-GROUP-PLC-4002325/financials/
EBITDA, EBIT, PTP and Net Income all show an increase
I've been watching MGNS for a little while and today I've made a small purchase. I'm a long term investor and it is my intention to buy more shares over the next few months. From the research that I've done, and with today's RNS, I'm happy to have bought in.
I dont think its a fear but an almost certainty that we will have a very severe recession. I would have thought that such a solid co like MGNS should offer good protection as an investment but 25% or so loss in such a short time is very severe. And with so much more bad news to come i fear the sp could hit the £15 level or even lower. Very short term . i think the sp will bounce back to maybe the £18 level so for short term traders with £ to burn and not risk averse , there is the potential for a quick 10- 12% profit !!!!
I think it's just recession fears, with some companies and sectors obviously more likely to suffer than others. Spooked across the board, so keeping some powder dry for when we see some evidence of confidence returning.
The sp has now lost around 25% in a very short period of time, is the market anticipating negative results due out on Monday !!!
I would be lying if i said i am not concerned at the relentless fall of the sp, albeit on very little volume.
This is not a dip to buy in , this is going to lower and lower imo
As long as one has funds to burn in what is a very volatile market, it is a no brainer.
Great solid company, run by one of the most experienced and respected executives in the construction industry, very good yield , what is there to worry about.
Yes , very possible it will hit a new low very soon but i see it as a great chance to average down my price as i am a long term holder !!!
Tempting, but we're not short of 'bargains' just now. Thoughts?
A short term bounce with the price soon to go under £19.
We are only in the start of a very serious bear market.
I hope you are right SinghO.
I have just bought back in at sub 1900p.
A fantastic company with potential of breaking records at its financial year end!
I believe this could be a very good entry point for this share. My only worry is whether the soon expected results will be as good or better than the last set of results which were exceptional.!!!
This has fallen around 17% from its 3 months high , in line with most profit taking that has taken place recently.
However considering the great last set of results the co showed, i believe this is becoming very attractive , specially if it comes down to under £21.
One to watch out for
Maybe the price of materials in the news recently is a factor.
Excellent set of results for half year, and excellent prospects to be a record breaking year.... yet share price drops??
AGM today, can be nothing but positive news.
That would be John Morgan, who sold 650,000 and made 13.2 Million. If he had held he would be 1.6m richer today, however, as he still owns 3.5 m shares, he's probably not overly worried.
All to do with inheritance planning, full story here
https://www.constructionnews.co.uk/contractors/morgan-sindall/john-morgan-cashes-in-13m-of-shares-in-estate-planning-move-23-04-2021/