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TraderMark72 @tradermark72.bsky.social · 07/10/2026

#GFRD appointed to the Oxford Inspire framework on Lot2 worth up to £1.6bn over 8 years for projects in excess of £15m.

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TraderMark72 @tradermark72.bsky.social · 06/10/2026

John Morgan’s Rinse and Repeat…

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TraderMark72 @tradermark72.bsky.social · 06/10/2026

#CKN TU. Following strong trading, the Broking division has performed significantly ahead of expectations. PBT for the FY now expected at £135m (consensus was raised to £113.7m) and forward order book increased.

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TraderMark72 @tradermark72.bsky.social · 05/10/2026

#GFRD another appointment, this time to the £3.0bn Constructing West Midlands Framework for Major Works in excess of £10m.

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TraderMark72 @tradermark72.bsky.social · 02/10/2026

Once again (for the 6th time..) #RNWH finds itself in breakout territory of this sideways range. Volume a bit lacklustre so suspect this may not hold either but I live in hope...

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TraderMark72 @tradermark72.bsky.social · 02/10/2026

#COST confirm appointment to Lot 1 of the £4.3bn Pagabo Civils and Infrastructure Framework as one of three suppliers.

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TraderMark72 @tradermark72.bsky.social · 01/10/2026

#GFRD appointed to 82 lots of the £4.3bn 4 year Pagabo Civil Engineering Framework.

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TraderMark72 @tradermark72.bsky.social · 01/10/2026

#RNWH FY TU. Expected in line with expectations with record revenue, operating profit* and order book with a net cash position. Confident in the year ahead and beyond. *Consensus stated as £1191.2m (+10.2%) and Op. Profit of £77.7m (+17.5%).

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TraderMark72 @tradermark72.bsky.social · 30/09/2026

#CRST remains in constructive discussions with lenders. Covenant waiver extended to Nov 30th. New Board Member joins also at Thames Water and Videndum may or may not be reassuring…

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TraderMark72 @tradermark72.bsky.social · 24/09/2026

#VTY H1 Results. Just when you thought there wasn’t a kitchen sink left to kitchen sink. A right bag of spanners to digest here.

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TraderMark72 @tradermark72.bsky.social · 24/09/2026

#CVSG FY Res. Adj. PBT increased and in line with expectations. Debt increased mainly due to acquisitions and buyback. Expects to perform in line with expectations for FY27 with 4-8% organic growth in the medium term and continued acquisition opportunities.

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TraderMark72 @tradermark72.bsky.social · 24/09/2026

#OTB FY TU. Adj. PBT at £22-£23m at upper end of guidance. Booking growth of 9% with momentum +18%. Guidance for FY27 increased 25%-55%.

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TraderMark72 @tradermark72.bsky.social · 24/09/2026

#CHRT AGM TS. Trading consistent with Board expectations. Order books growing at £700m underpinning 90% of FY27 consensus revenue.

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TraderMark72 @tradermark72.bsky.social · 22/09/2026

#MAB1 H1 results. Revenue increased 8.6% with Adj. PBT up 2.1%. Fluent contribution expected to build through 2027. Fixed rate maturities expected to be 30% higher yoy in 2027 represents a significant opportunity. Progressive dividend increased 9.7%.

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TraderMark72 @tradermark72.bsky.social · 19/09/2026

YTD performance of #COST, #KIE, #GFRD, #RNWH and #MGNS. The latter two are lagging with #RNWH updating 1st October and #MGNS updating 5th November. 👀

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TraderMark72 @tradermark72.bsky.social · 19/09/2026

A good week for Infrastructure plays on the back of #GFRD and #KIE results. This slide from the #GFRD presentation gives some idea of what is still lies ahead over the next 10 years though Water will exceed this in AMP9. Order books growing, margins improving.

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TraderMark72 @tradermark72.bsky.social · 17/09/2026

#GFRD FY Results. Adj. PBT above raised expectations, margin increased to 3.5% from 3.0% and month end cash increased. Order book increased to £4.3bn. 90% of FY27 Revenue secured. Further £15m buyback announced.

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TraderMark72 @tradermark72.bsky.social · 16/09/2026

#GAW AGM. Trading in line with the Boards expectations. 70p divi declared taking it to £3 for the year. Hopefully make the AGM today.

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TraderMark72 @tradermark72.bsky.social · 15/09/2026

#LSL H1 Results. Benefiting from the diverse mix with revenue, profit and margin increased in prior year despite the current market. FY expectations on track.

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TraderMark72 @tradermark72.bsky.social · 15/09/2026

#MPAC H1 Results. Not a great H1 with revenue flat and profit down in the prior year. Order book increased and pipeline building faster is an encouraging sign albeit under margin pressure. FY expectation remain unchanged.

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TraderMark72 @tradermark72.bsky.social · 15/09/2026

#ALU FY Results. FY26 Revenue and PBT below prior year as expected. FY27 started well with revenue up 5% and order book increased 56%. First call offs for Changi Airport. Board confident in the medium term.

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TraderMark72 @tradermark72.bsky.social · 15/09/2026

#KIE FY Results. Revenue, Op. Profit and YE Net Cash all increased and month end average net cash from net debt. Order book increased to £11.9bn from £11.0bn. >95% FY27 secured and expects at top end with medium term targets increased.

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TraderMark72 @tradermark72.bsky.social · 14/09/2026

#CER Technical case for the 500p area based on the double-top.

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TraderMark72 @tradermark72.bsky.social · 09/09/2026

Added to my #MGNS position. TU not due until 5th November but Im expecting John Morgan to stay true to form notwithstanding the turmoil we’re likely to have in the coming weeks which may yield further opportunity…

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TraderMark72 @tradermark72.bsky.social · 09/09/2026

#TPFG H1 Results. Revenue and Adj. PBT increased compared with H1 25. Expects FY in line with expectations underpinned by pipeline and lettings while sales market remains subdued.

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TraderMark72 @tradermark72.bsky.social · 09/09/2026

#MAB1 H1 TU. H1 Adj. PBT slightly ahead but warns on FY expectations and reduces to £38m from £43.4m. Market challenging and Fluent lead flows not materialised with costs incurred. Expects to strengthen in 2027.

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TraderMark72 @tradermark72.bsky.social · 03/09/2026

#JET2 AGM TS. Summer increase in capacity and bookings, Winter capacity increased, Gatwick performing ahead of expectations. Late booking profile continuing. AIM losing another company as Main Market move planned.

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TraderMark72 @tradermark72.bsky.social · 03/09/2026

#GFRD Contract. £110m River Mease Improvement works from Severn Trent Water. Good to see another project designed to improve river quality at long last. There will be a lot more of these flowing out in the next few years.

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TraderMark72 @tradermark72.bsky.social · 03/09/2026

#CRST FY TU. Debt reduction ahead of previous indications with profit warning moving to a loss due to subdued sales and write down in inventory. Covenant discussions continue but further slippage. The serial disappointer that keeps giving…

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TraderMark72 @tradermark72.bsky.social · 28/08/2026

#RNWH breaking the range with volume - see where it closes. FY TU 1st October.

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TraderMark72 @tradermark72.bsky.social · 28/08/2026

#GDWN FY Results. A great set of numbers. A wait and see on the substantial disposal for the time being but hopefully Stoke doesn’t look too different afterward.

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TraderMark72 @tradermark72.bsky.social · 27/08/2026

App platform is giving quotes. Web platform defaults to Limit but the dropdown box for fixed price quote is still there.

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TraderMark72 @tradermark72.bsky.social · 26/08/2026

#RNWH at resistance for the erm… 5th time…

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TraderMark72 @tradermark72.bsky.social · 25/08/2026

#VLX AGM TS. Calling ahead of expectations early after the first 4 months deliver 28% yoy revenue growth and running 8% higher than the last H2 monthly average.

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TraderMark72 @tradermark72.bsky.social · 17/08/2026

It didn’t disappoint. 604m from the edge to the fjord.

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TraderMark72 @tradermark72.bsky.social · 17/08/2026

Early hike today. I’ll catch up with RNS stuff later…

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TraderMark72 @tradermark72.bsky.social · 16/08/2026

The Fyllingsdal Tunnel. Longest purpose built cycling and walking tunnel in the world, 3km through a mountain so you can get into Bergen city centre on a dedicated walking and cycling network (as well by tram). Stunning.

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TraderMark72 @tradermark72.bsky.social · 14/08/2026

#CHRT €140m contract win for ELAC from Saab.

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TraderMark72 @tradermark72.bsky.social · 13/08/2026

Driven through the Laerdal Tunnel today. 25km long - the longest road tunnel in the world. Rises over 200m to the middle and down again. Three illuminated caverns inside. Absolute monster of engineering built in 5 years. The things you could do with a Sovereign Wealth Fund…

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TraderMark72 @tradermark72.bsky.social · 13/08/2026

#COST H1 Results. On track for FY expectations, step change from FY27. Order book maintained at £7bn with 91% visibility for FY26 and FY27. Interim dividend doubled.

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TraderMark72 @tradermark72.bsky.social · 10/08/2026

Visited some insane things in Norway so far but a campsite under a waterfall and glacier is quite something. Such an impressive country. 👏

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TraderMark72 @tradermark72.bsky.social · 03/08/2026

#CKN H1 Results. Record H1 numbers, expects FY materially ahead of expectations. Increased.divi for the 24th consecutive year. The normal H2 weighting is not expected.

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TraderMark72 @tradermark72.bsky.social · 31/07/2026

#TW. H1 Res. Revenue increased, completions lower, op. margin reduced, sales rate marginally lower, net cash reduced. Distribution policy reduced to 4% of net assets split between divi and buybacks. £42m buyback launched. Guides to the lower end for FY.

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TraderMark72 @tradermark72.bsky.social · 28/07/2026

#JNEO H1 TU. FY revenue expected marginally ahead of expectations with adj. PBT in line. Revenue increased 53%, Adj. PBT increased 10%, pipeline at £200m vs £80m vs H1 25.

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TraderMark72 @tradermark72.bsky.social · 28/07/2026

#GAW FY Results. Record revenue and PBT and above consensus. “We are in great shape”. “Exciting times”.

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TraderMark72 @tradermark72.bsky.social · 23/07/2026

#CVSG FY TU. In line with expectations. Continued growth in Australia market with a strong pipeline of acquisition opportunities.

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TraderMark72 @tradermark72.bsky.social · 23/07/2026

#MAB1 H1 TU. Total mortgage completions up 16% to £16.5bn despite challenging market with Revenue up 8% to £160m. Expects FY inline with greater H2 weighting than prior years.

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TraderMark72 @tradermark72.bsky.social · 23/07/2026

#MGNS H1 Res. Record first half, expectations maintained*. Revenue increased 8%, Adj PBT +21%. Order book at £12.2bn with preferred bidder pipeline at £7.3bn. *tendency to under-promise and over-deliver.

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