Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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.
Reasonably good if not spectacular. Mostly positive. Only downside I can see is stronger pound against euro affecting foreign sales translated into sterling, but this only accounts for 5% of sales. However, market will pick up on these things. A good opening to the share price, now drifting downwards. All being well will finish the day around 330p if not above, but may see it fall sub 330p. Nothing more than can be expected with current market. No fireworks expected here. CM
For the last 5 years there has been an interim statement issued early November. This year there will be a trading statement issued on 10 December. Maybe it will inject new life into this share after a period of slow retrace. CM
MSLH Marshalls PLC, volume well up after yesterdays analyst visit, SOMEBODY is Buying big check the vol, chart +ive ......... http://content.screencast.com/users/thomaser/folders/Default/media/d0ffe6b3-1ba1-4565-968
Interim ex-dividend date today
Bit of a tree shake on the back of ALU trading update today possibly. Perhaps there was a large buy order waiting to be filled and the market makers were dropping the price to fill it by freeing up shares from those who sold. It would have been a good opportunity to increase ones holdings early on if one had the confidence. Thankfully i sat on my hands. Nothing I can remember reading anywhere to spook this share. CM
did I miss something last night a big drop ?
Positive report in Daily Mail Midas financial section today, Sunday. Recommends a strong hold. May have a positive affect on share price tomorrow, Monday, although fall on Wall Street on Friday may negate much of it. CM
<b>Marshalls interims pave way for faster full year growth Fri, 28 August 2015</b> Article viewed 34 times (ShareCast News) - A strong set of interim results from paving slabs specialist Marshalls showed sales growing faster than the wider construction market, leading to analysts upping expectations for the full year. Revenues of £199.1m in the half-year to 30 June were 11% higher than the same period last year, versus rouhgly 5% growth in underlying markets, indicating a strong level of market share won so far this year as the group invested in new products and overseas growth. Earnings before interest, tax, depreciation and amortisation jumped 34% to £29.7m and profits before tax surged 48% to £20.8m. Operating margins rocketed up to 11.1% in the six month from 8.7% in 2014, reflecting improved operational gearing as a result of the market-beating volume growth. Volume growth has been particularly strong in the public sector and commercial end market, where the revenue increase attributable to volume and mix has been 11%. A higher tax charge meant basic earnigns per share were only 39% higher at 8.5p, while the dividend was lifted a quarter of a penny to 2.25p. Chief executive Martyn Coffey said the group was well positioned to grow organically and through selective through acquisitions, with growth remaining the focus during the remainder of 2015 and in 2016. He pointed out that the Construction Products Association had predicted growth in UK market volumes of 4.9% in 2015 and 4.2% in 2016. "In order to drive growth, the group continues to develop the Marshalls brand and invest in product innovation and service delivery initiatives to deliver improved trading margins and increased return on capital employed," he said. Marshalls has noticed a good historical correlation between consumer confidence and domestic installer order books, highlighting a survey of domestic installers at the end of June 2015 that revealed continuing strong order books of 12.0 weeks, up from 11.5 weeks last year and 10.6 weeks at the end of April 2015, to its the highest recorded order book at this time of year. The international business, included 15.8% growth from the Belgian operations in local currency despite a mainly subdued market, while a sales office is being opened in Dubai to focus on the wider Middle East market. Investors and analysts were impressed, with shares in Marshalls up 5.8% to 334.91p by 08:45 on Friday. Shore Capital said that with markets still not firing on all cylinders, with domestic spending expected to flow through and provide a step up in market volumes a little later in the cycle. "If revenue growth can be carried through the second half at the same rate as the first and the same operational gearing delivered then it looks likely that the current consensus PBT to Dec 2015 of £32.5m will be beaten." Numis noted that net debt has also been reduce
Hopefully it catches up!
28th August - http://www.theconstructionindex.co.uk/news/view/marshalls-has-eye-out-for-acquisitions Marshalls, the paving block and landscaping products supplier, saw its pre-tax profits rise 48% in the first half of 2015 and is hungry for more growth. In the six months to 30th June 2015, Marshalls made £20.8m profit before tax on revenue of £199.1m. In the first half of 2014, by comparison, it made £14.0m on £188.0m revenues. Operating margins increased to from 8.7% last year to 11.1%. In the UK, sales price increases generated £5.6m in additional revenue and exceeded the impact of cost inflation by £1.4m. Volume growth was particularly strong in the public sector and commercial end market where the revenue increase attributable to volume and mix was 11%. Chief executive Martyn Coffey said the company was now looking to make some acquisitions. "The group is well positioned to grow organically and selectively through acquisitions,” he said. “We will continue to focus on growth initiatives during the remainder of 2015 and in 2016.” He added: “The group's priorities are to grow and develop the business and to leverage the benefits from the improving market conditions in order to generate volume growth and so benefit from operational gearing.”
Investment analysts at Panmure Gordon raised their price target on shares of Marshalls plc (LON:MSLH) from GBX 320 ($5.01) to GBX 370 ($5.80) in a report released on Friday, Analyst Ratings.Net reports. The brokerage currently has a “buy” rating on the stock. Panmure Gordon’s price target would indicate a potential upside of 17.83% from the stock’s previous close. Shares of Marshalls plc (LON:MSLH) opened at 335.2800 on Friday. Marshalls plc has a 52 week low of GBX 180.06 and a 52 week high of GBX 338.73. The stock’s 50 day moving average is GBX 322.35 and its 200-day moving average is GBX 289.07. The firm’s market cap is GBX 657.81 million.
<b>BUZZ-Marshalls: hits post-crisis highs after strong H1<MSLH.L> 28-08-2015 09:02</b> * Landscape products co Marshalls <MSLH.L> up 6.4% at post-crisis highs after posting H1 PBT up 48% at £20.8 mln [ID:nASN0009Q6] <b>* Says if positive market conditions continue, likely that FY trading will beat expectations,/b> * By far & away most actively traded stock on FTSE 250 index <.FTMC>, with almost twice its 90-day daily avg volume having gone through in 45 minutes (2nd-top riser on index) * Stock hits levels last seen early 2007 (RM: tricia.wright1.thomsonreuters.com@reuters.net) © Thomson Reuters Limited. Click for restrictions
All Marshalls plants extremely busy, especially with walling products where there are around 5 month lead times for products. CEO Martyn Coffey has really turned things around with more emphasis on product quality and innovation, rather than pure volume and this is now reaping the rewards with improving sales and increased production. Marshalls are out performing the competition right now,
That's because the Max purchase each month is £125 SO whatever the price is divided into £125 is the amount bought
Last of the big spenders!, wow. Gives us confidence with those purchases!.
Good news on what could be a bad day for the markets. Might limit downside in share price today. Good luck and regards CM
I like to see the positive with everything but this has fast become another overbought stock. I think true value is more like 250-265. The company has great prospects and is showing good growth no doubt but people are paying for 2016's potential at the current price.
Having attended many AGMs both at Marshalls and elsewhere, I have rarely seen more confidence shown by both Board and shareholders, who re-elected Board by an unprecedented margin of over 99% for each member. This is class operation in a great niche of infrastructure spending.
Break out at MSLH, Marshalls. https://pbs.twimg.com/media/BzBAiMPIEAArmE1.jpg"
are currently running 24/7 to keep up with demand for their products. Some plants are reporting a 50% increase in production output compared to 2013. As for a takeover - no chance.
were huge?
Take over rumours
RNS Number : 2114C Marshalls PLC 12 April 2013 Marshalls plc Sale of quarries and associated aggregates business Marshalls plc ("Marshalls"), the hard landscaping specialist, is pleased to confirm that, further to the announcement on 10 April 2013, it has now reached agreement with Breedon Aggregates England Limited, a wholly owned subsidiary of Breedon Aggregates Limited ("Breedon"), and exchanged contracts to sell the aggregate quarries detailed below for a cash consideration on completion of £17.5 million. The final consideration will be up to £19.0 million dependent on certain conditions subsequent. The assets being sold comprise quarries solely supplying aggregates, sand and gravel. The Group has retained all of its dimensional stone quarries some of which produce aggregate as an ancillary product. The quarries sold are the Group's freehold and leasehold quarries at Clearwell, near Lydney, Gloucestershire, which produce primarily high quality limestone aggregates and the Group's sand and gravel quarries located at Dunsville, near Hatfield, South Yorkshire, Astley Moss in Greater Manchester and Mold in North Wales which operates under the Lloyds Sand and Gravel trading name and the business carried on from these quarries. Also included is an option to develop sand and gravel resources near Saredon, Staffordshire. These quarries currently supply aggregate materials to the construction sector, including materials used by Marshalls in the manufacture of its range of concrete products. For the year ended 31 December 2012, the operating profit generated from the operations carried on at these quarries was £1.1 million, based on an annual turnover of £10.0 million, of which £8.8 million came from sales outside the Group. As at 31 December 2012 the value of the gross assets disposed of was £14.9 million. Completion is subject to Breedon completing its placing announced on 10 April 2013 and the receipt of signed documentation incorporating landlords' consents already given in principle relating to the assignment of the Astley Moss and Clearwell leases. The proceeds of the sale will initially be used to reduce Marshalls' Group borrowings. Commenting on the transaction, Graham Holden, Chief Executive, said "Marshalls has been a niche player in the UK aggregates market for a number of years and, while the business is profitable, it remains ancillary to the core operations where our growth focus lies. The consideration received by Marshalls from the sale of these quarrying operations will initially be used to reduce net debt and we consider it is in the best interest of shareholders."
and 2.6mill big trades?...buy/sell?...
"Despite the challenging economic background, Marshalls continues to target growth markets within the Public Sector and Commercial end market," the company statement said. "Street furniture, water management and internal natural stone flooring are seen as particular growth areas, in addition to the continuing commitment to home, rail and retail." A reorganisation of the firm in response to continuing uncertainty about the market environment had reduced both fixed costs and net debt, Marshalls said. Cash realised from surplus property sales, accelerated inventory reduction and reduced capital expenditure is ahead of plan, it added. This resulted in year-end net debt falling from £77m in 2011 to £64m in the last year. This puts the company on track to meet its target net debt to earnings before interest, tax, depreciation and amortisation ratio of two times cover by the end of 2013.