TraderMark72

Go to your Following tap top right and make sure Most Recent rather than Popular is checked.

#HTG noting the #BUCE RNS which didn’t seem to mention it was their tech…

Display an album that was important to you when you were nineteen.

Straight from Acid House to Grunge. My recollections of that era are somewhat “hazy”.

Not quite as early as I perhaps I should have. August 2023 - 1902p

Deutsche raised to 5500p.

Earnings visibility and sector rotation. Fit out momentum - rating now more specialised engineering services not construction.

#MGNS Berenberg raise again to 5800p from 5400p. I believe Peel Hunt raised to 5500p from 4800p.

Fit out dominance noted, cash status and PE deserves a higher support services rating not a cyclical builder.

MELLOBIRMINGHAM — Mello Events

Mello Birmingham 22nd April. Early bird tickets on sale and well worth the investment. A great opportunity to meet up in person.

www.melloevents.com/mellobirming...

#MGNS Recent order book history:

Feb 2020: £7.6bn
Feb 2021: £8.3bn
Feb 2022: £8.6bn
Feb 2023: £8.5bn
Feb 2024: £8.9bn
Feb 2025: £11.4bn
Feb 2026: £19.1bn (including preferred bidder status)

Given consensus is for a revenue decline in 26 and 27 it will be interesting to see what the brokers do….

#BOOT. Appeal on a 1000plots won in Kent with just 19% affordable.

Just one example of numerous housebuilder appeals currently going through the Planning Inspectorate. Strategic land banks are coming forward at a faster pace.

#MGNS FY TU. Record performance in 2025 and 2026 expected ahead of expectations. Record orderbook up 17% at £19.1bn. Fit out expected significantly ahead in 2026.

Normally John Morgan prefers to under promise.

#BTRW H1 Results. “Resilient” performance - completions, revenue and ASP slightly increased. Reservation rate and forward sales flat, expects FY completions in line with guidance.

#W7L Cavendish leave FY26 estimates unchanged, news already priced in, reiterates Buy with 400p TP

#W7L Shore Capital leave FY26 expectations unchanged given Barry M acquisition and will review after results in April. FY25 EPS lowered 14% to 17p.

#W7L FY TU. Looks to be a miss expectations on Revenue and Adj. EBITDA. due to impacts from Bodycare, tariff uncertainty and consumer environment despite roll outs. Acquires Barry M for. £1.4m from the increased net cash balance. Expects to return to organic growth in FY26.

I can’t possibly think who it might have been! I recall their Bulletin Board on ADVFN years ago. Some things don’t change.

#ALU Cavendish maintain TP of 442p.

FY26 estimates* are:
Revenue £113.4m
Adj. EBIT £15.7m
Adj. PBT £14.4m
Adj. EPS 29.1p

*given management didn’t state…

Bit of a while to until the next AGM but new CEO will be wells settled by then. Apparently this another one where only the occasional shareholder turns up. Perhaps one for the calendar? Investor Meet presentation today at 3pm so worth throwing in a few questions.

#ALU H1 Res. Revenue and Profit below the strong previous comparator in H1 25 due to Hong Kong Airport as expected. Expects a strong H2 with a growing order book now 27% higher excluding Hong Kong and robust pipeline of opportunities. Confident in delivering FY expectations.

They way you described him sounded very much like my Nanna’s older brother Agostino. I remember sitting listening to him tell stories at his home in Naples that left an indelible mark on me. Like you, Im glad to have had the time with him.

Sorry for your loss @htviolaheir.bsky.social . A very moving tribute so well written.

Back in Richmond for the weekend with Mrs TM. Fair to say theres been rain in the Dales…

#CHRT Contract wins of £17.9m in total at MCL underpin FY26 consensus revenue.

Thats a great return. Ive been in from just under 100p from 2013 which they were quite surprised at. They agreed the reaction to the mild profit warning a year ago was overdone with the Chair and NEDs noting they took advantage of the drop.

I was a tad surprised tbh but they were glad to see me I think!

a man is sitting in front of a fire with the words we did n't start the fire below him ALT: a man is sitting in front of a fire with the words we did n't start the fire below him

He was quick to add - it wasn't their kit that started it…

Standedge Railway tunnel to reopen after fire disrupts trains Railway services between Leeds and Manchester have been disrupted since the fire on Sunday.

#RNWH CEO asked me if Id arrived by train. Told him no and he said they’d been working to reline the Standedge Tunnel after the recent fire. Re-opening today thanks to their response and kit.

www.bbc.co.uk/news/article...

Board were engaging and genuinely interested in thoughts and opinions.

ROCE expected to normalise back towards the longer term average - subject to further M&A which is a realistic expectation.
M&A into the electricity and energy is the exciting growth area and businesses acquired to date are already performing well with a huge addressable market to go at.

Very interesting AGM - the only shareholder in attendance and a lovely chat with the board. Main take aways - main market move its not the right time. Too many IHT funds holding at the moment bit do want to consider expanding the shareholder base in future.

#TPFG Cannaccord leave TP at 637p, Cavendish leave TP at 710p.