Re: Results / H1 Miserly increase in divi of 0.03p!But I like that in a company - especially here where the co is splashing out on acquisitions in increase it's scale. The balance sheet is stuffed with intangibles and the pension deficit doesn't help. Retained earnings are negative.But on the plus side, sales up, profits up by a lot more than sales which is a good sign, cash flow was positive (negative in H1 last year) and net debt only marginally increased.I look forward to oodles of cash rolling in at the FY and continued solid progress. Just hope that Macf remains an undiscovered gem.......
Internet sales / packaging I frankly think that it has yet to be recognised that packaging forinternet sales has a brilliant future. MACF is operating bang on in the right place.ws
Results / H1 H1 Results (today's RNS) are nothing short of excellent. 50% Increase in profits, wow! Share price is bound to rise to reflect the fantastic progress being made at MACF.IMO,ws
Great visual report on MacFarlane Group With a PE of 13.7x, what are peoples opinions on whether MACF is good value? I've been researching on here [link]
Re: Good value / topped up Haha boredstiff, the reason MACF falls off the radar is because it is such a boring share. It has done very little on the corporate front since its then rather flamboyant chief executive tried to buy British Polythene about 15 years ago.That said it has been a good income stock and occasionally it gets so overlooked that there is a buying opportunity to top up. Currently the share price is edging up so my guess is an income fund is quietly tucking a few away.
Re: Good value / topped up With shopping over the internet constantly on the rise, one would thinkthe future for MACF's packaging such as small cardboard boxes, looksparticularly bright.I bought more shares today Plan to hold long term. Dividend is good,and share price likely to rise.ws
Re: Good value / topped up Yes quite agree, one of those shares that seems to slip off the radar for no real reason.
Re: Good value / topped up Re my previous message, I forgot to mention I topped up at 42.1p.I also topped up at INSE (Inspired Energy), where I expect the share price to rise by some 25%+ over the coming moths, but do not take my word for it, as I have been known to get it wrong at times (thoughnot too often).Cheers,ws.
Re: Good value / topped up This stock is seriously undervalued. With EPS forecast at 4.34p and dividendyield at 4%, I reckon the share price ought to be in region of 50p+, and I shall be surprised if that level is not reached within this year. An overlooked stock,if you ask me.IMHO,ws
Good value Good value here in my view. Nice earnings ratio and nice dividend, andgood prospects.Reducing energy prices are bound to benefit this company, which I reckonis pretty energy-intensive for the manufacture of packaging products.At 38.5 a share worth tucking away for medium/long term hold, IMHO.Bought some today.Cheers,ws