Marshalls PLC (MSLH)
Posted: January 26th, 2021, 5:00 pm
Upbeat trading update and reinstatement of dividend:
https://www.investegate.co.uk/marshalls ... 00064668L/
https://www.investegate.co.uk/marshalls ... 00064668L/
TheMotorcycleBoy wrote:Upbeat trading update and reinstatement of dividend:
https://www.investegate.co.uk/marshalls ... 00064668L/
As it happens, Marshalls came up on one of my "negative relative strength" filters today. I had a quick look and read the trading update from Jan 13th. I couldn't see any attraction tbh. Very highly rated even on forecasts for FY 2021 EPS. Even if they return to previous levels of free cashflow the forward FCF yield is still very low. Better value elsewhere if you want exposure to infrastructure spending IMHO.
All the best, Si