In the dark yet again
13 Jul 2017
Re: Time to cash in ? DEF' NOT Well I was going to give them more time but the Carillion thing has spooked me. I know, lots of differences in what they do but a few too many similarities for my liking, not least of which being the wafer thing margins both operate on.I'm slightly surprised that CLLN is holding up where it is because it looks all but bankrupt to me...... which could be a good thing here if a big 'competitor' (well in some ways) is eliminated.Anyway just taken 1/3rd of my chips off the table at 1250.Regards,ITDYA, not usually one to spook that easily..... then again still 2/3rds of it running.
malkis
23 Jun 2017
Re: Time to cash in ? DEF' NOT MGNS has got much more in the tank.. I M H O ..... I'LL HOLD LONG TERM . Warm regards Malkis
Alan Tittymarsh
22 Jun 2017
Time to cash in? I feel these have risen far enough now. Sold yesterday at 1190, and a good double bagger in less than a year. If the market takes a tumble these will fall much faster. Good luck to holders.
Ripley94
11 Jun 2017
Re: NEW ARTICLE: 10 fast-paced growth stocks... Tipped on share prophets today.
II Editor
12 May 2017
NEW ARTICLE: Stockwatch: A share for momentum traders "Is LSE:MGNS:Morgan Sindall's momentum intact, such that upgrades and a further improvement in its rating are due? Despite fears, inflation and Brexit will crimp the UK economy, it's notable how this mid-cap construction and support services ..."[link]
II Editor
08 Mar 2017
NEW ARTICLE: 10 fast-paced growth stocks for all traders "On the wild plains of the stockmarket, investors have traditionally been split into two opposing tribes. In one camp are those who use 'fundamental' financial research to pick shares. In the other are those who rely solely on charts and technical ..."[link]
In the dark yet again
26 Feb 2017
Re: Preliminary Announcement... Reporting back, as promised.Sorry got distracted by the Barclays (which didn't seem so bad in the detail to me, just disappointed in the light of Lloyds on Wednesday) and by the unexpected, very upbeat and very lacking in detail statement from Treatt in which I have far more chips on the table than here.My issue is still pretty much the same one of old although it does seem to be getting better. It's still over 50% of the turnover is the construction/infrastructure business, the one for which they get all the contracts (and therefore headlines) but on which the barely breakeven. £7.8m profit on £1.3bn+ of business. The slightly little hiccup on any one major project and you could pretty much kiss goodnight to all of that. The Fit Out and Housing bits, significantly better but still tight margins - I know, very competitive arenas where there just doesn't seem to be that much juice in the deals in the first place but it's still a concern for me.Anyway, 1st time I've seen them put a formal number on it but aiming for 2% margin on the core construction/infrastructure........ which says to me it's barely worth doing so scale it back with a view of getting out of it - it's got to take up the vast majority of their time and effort, involve the most people, have the most risk of overruns for what, peanuts?They won't, they're in too deep so that looks like it's always going to be an issue for me.Otherwise, yes, good progress elsewhere and still loads more room for more growth both in volume and margins.I shall sit tight for a while, see how it rolls. They have just bought themselves another 6 months of my patience.... probably.Regards,ITDYA, thinking construction margins up from 0.3% to 0.7% with a 'best hope' target of 2% being lauded as a great future will always give me serious doubts.
Alan Tittymarsh
23 Feb 2017
Re: Preliminary Announcement... "first time over £9 since 2008. Maybe something is genuinely up after all these years of disappointment?"Well I'm sure the CEO knew as he bought shares heavily last August - not that I'm complaining. Good results, and even more impressive when you consider all the Govt cutbacks on public spending on infrastructure. Many shares are now looking rather pricey....but not these. 
In the dark yet again
23 Feb 2017
Re: Preliminary Announcement... Yes, now I understand! Great progress in several key areas. Even better is it's clear there's loads more room for loads more improvement and the management have finally put a numerical target on the one that was bugging me most. Still some issues on which I shall report back later just this has been overshadowed by events elsewhere.Regards,ITDYA, thinking this old dog is at least, maybe(?), beginning to wag it's tail
In the dark yet again
22 Feb 2017
Preliminary Announcement... due tomorrow.... and given the recent SP movement it looks like the market is expecting decent news.Me, always slightly sceptical something hasn't 'leaked' when you get a significant move immediately before a set of results but that's for the regulators to sort out not me.I'm not in heavy so MGNS's results wouldn't normally be top of my to-do list tomorrow but this move up has made me very curious - first time over £9 since 2008. Maybe something is genuinely up after all these years of disappointment?Regards,ITDYA
Alan Tittymarsh
11 Aug 2016
Re: Good RNS.................................. Maybe some big contracts in the pipeline. He knows something positive or he wouldn't be buying in that quantity. Can't believe how fast these have risen since I bought just a fortnight ago. Very tempted to sell now, but feel there's more posotive news to come over the weeks/months.
malkis
11 Aug 2016
Good RNS..........................................IF JC M IS BUYING HE MUST BE CONFIDENT FOR PROGRESS ... I M H O warm regards malkis
Nige the snake
01 Aug 2016
tipped by Stockwire Should to well this week unless the market bombs again!
In the dark yet again
17 Mar 2016
Re: Results "I cannot help being underwhelmed by a set of results that show profits of around 1% of turnover"Can't say I blame you. On the bright side 1% is significantly better than the 0.5% last year!More seriously, the margin has been bouncing around just above/be,ow 1% for years now and, as you rightly point out, each and every year it's due to 'exceptional' items. Last year they talked about driving the margins up by being more selective on contract bids but nothing's changed - they still keep winning loads of contracts on wafer thin margins where the slightest hiccup consumes all the contingency (and sometimes more).So, no you are not being harsh in your conclusion says he being equally cynical.I've commented a few times before on this board; the posts might be old now but they are still relevant (I think) - certainly my thinking hasn't changed. Patience...... but for how long!For me my 'investment' here is relatively small and it's all 'profit' - 1st bought over 10 years ago, did a partial profit take and have topped up at much lower levels so I'm not too bothered..... I know I shouldn't think that way, I should look at each holding solely from today going forward but I keep saying let it ride for one more year.Good luck..... it's a dog but a dog with potential.Regards,ITDYA
adeveloper
24 Feb 2016
Results Could someone help enlighten me as a shareholder I cannot help being underwhelmed by a set of results that show profits of around 1% of turnover - yet the City / Stock Market / Institutions give the Company and its Board a jolly good pat on the back and the share price rises. I would expect a well run business in this sector to be posting better results without "exceptional" items - which seem to appear every year and by definition are probably not "exceptional" but should instead be called "Contracts we secured that are costing us way more money than we thought" - or am I being harsh ??
