Why has nobody spotted belter!!
Moving nicley up and up fantastic results last time round - bid poss too.
Any takers?

Half Yearly Report

Highlights:
· Revenue up 11% to £199.1 million (2014: £180.0 million)
· Improvement in operating margins to 11.1% (2014: 8.7%)
· Profit before tax up 48% to £20.8 million (2014: £14.0 million)
· Return on capital employed for the year ended 30 June 2015 up 50% to 15.2% (2014: 10.1%)
· EPS up 39% to 8.50 pence (2014: 6.11 pence)
· Interim dividend increased by 13% to 2.25 pence (2014: 2.00 pence) per share

Current priorities:
· To increase output to meet growing demand and to deliver benefits from operational gearing
· To further strengthen the Marshalls brand by developing systems based solutions, service excellence and new product development
· To grow our business organically and selectively through acquisitions
· To continue to develop and invest in our strategic growth initiatives, particularly in Water Management, Street Furniture, Rail and Newbuild Housing

Completely missed this DOH!!!!

In 2007 all time high hit 390p (ish). Tanked to 60p by 2009, recovery play started 2012.

Last 12 months interesting pattern on the chart gives me a clue when to press buy and join the party.

Chances are on Monday due to latest buy recommendation from Midas (the herd) will buy, possibly fear of missing the boat whatever.

A line chart as opposed to a candle chart illustrates this indicator best, bit clearer.
As an indicator Bollinger Bands are very reliable. When share price reaches top or goes outside it, at some point it will retrace and dip back inside.

On the occasions as illustrated above when SP dips and reaches bottom of BB has rallied the hardest.

So far despite Greece/Syria/Threat of interest rises etc remains on a mission to reach initial target 10 year high 390p, end of year maybe sooner who knows.

Bear with me skinny :0) Haven't technical nouse to include everything into one post yet, same with Elliott and Fibs to learn. (on my to do list)




Throw in moving averages 25,50 and 200DMA which can be clearly seen are going the right way. Another observation the 50DMA (green line) when SP dips and hits it has rallied the strongest.

Again MACD has been consistant, apart from June well overbought, which coincided with SP being at top of BB, dipped bounced off 25DMA and on to another higher high.

Slow Stoch, again consistant. Getting close to a top again.

RSI - Ditto, close to overbought.

Cracking chart, buy Tuesday on a dip?

Or sell on a rise today!

Well it did retrace back inside and back up again :O)

Problem at the moment is volume. Both ways. Watching.

Consolidated nicely back inside upper bollinger band as expected. Watching to see if it bounces off 25DMA or 50DMA to resume north/trend.

Well there is the bounce. Question is how solid.

Ideally, I would like to go long bang on 50DMA to make it worth while, way to go yet. May not happen of course. Still watching.

Bought a few @ 343p to tuck away. Ex Divi 22nd, final end of Dec.

Nice bounce off 50DMA with above average volume. So far so good, encouraging.

Sector not looking to bright at mo. Ex Divi today, added a few more. Looking oversold.

Back above 25 and 50DMA nice bounce after going Ex Divi yesterday. If it can close the same back on track to test highs.

RNS Number : 1895D
Marshalls PLC
23 October 2015



23 October 2015

Analyst and Investor Day and
Notice of Trading Update



Today, Marshalls plc is hosting an analyst and investor day at its Leamington Spa Street Furniture operation. No new material trading information will be disclosed.

The Board confirms that there has been no change to its expectations since the publication of its half year results on 28 August 2015. It intends to issue a Trading Update on 10 December 2015.

A copy of the presentation to be given at the visit to Leamington Spa will be accessible via the Investor Relations section of the Marshalls plc website www.marshalls.co.uk from 9.00am today.

Waiting for MACD and Slow Stoch to get a wriggle on before adding with SB.