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Marshall Monteagle PLC. JSE: MMP

Marshall Monteagle shares

Background of Marshall Monteagle

  • Marshall Monteagle is an investment holding company based in the Channel Islands, with various investments and trading businesses in the United States, Australia, South Africa and Europe. Marshall Monteagle shares have been available to buy on the Johannesburg Stock Exchange (JSE) since 2011.

  • In South Africa, Marshall Monteagle owns and manages multi-tenanted, rent producing properties, and also operates businesses involved in machinery, hand tools, food products, import and export and trade finance. The group owns a commercial property in the United States, while in Australia it operates as a specialist importer and distributor of machinery and hand tools for sale to various clients.

  • Marshall Monteagle operates through several business divisions, namely Raw Materials & Ingredients, Metals & Minerals, Warehousing & Logistics, Private Brand Products, Packaging and Trade Finance. The group has a JSE market cap of R673 million, and Marshall Monteagle share price has enjoyed an exceptional rise up the live online stocks chart during difficult economic times, more than doubling in value since August 2014.

Marshall Monteagle Shares Growth Driver

  • The group had satisfactory performance for the 2015 financial year, with revenue increasing by 23% to US$260 million and profits increasing to $6.6 million from $5 million. Turnover and profits from the import and distribution businesses increased, despite volatile raw materials pricing and currency fluctuations.

  • The metals and minerals business was impacted by the effect of low commodity prices and significantly reduced demand from China, but made some progress by developing new partnerships with miners and end users. Profits from the tool and machinery business was also lower due to tough trading conditions. The group achieved a growth in rental income from its industrial property in California. With the commercial and industrial property market remaining buoyant, the group is looking to purchase another property in the medium term. In South Africa, the commercial and light industrial property portfolio also performed satisfactorily in difficult economic conditions.

  • The group’s investment portfolio produced mediocre returns, mostly influenced by the economy in China, but the group believes that it has managed to buy quality equities that will outperform the market in the long term. Dividends remained level for the year at 3.6 US cents per share. Marshall Monteagle share price has performed exceptionally well through difficult times.

Marshall Monteagle Investor Tip

  • Most of the markets in which Marshall Monteagle operates have been heavily hit by the instability of the global economy, but the group has managed to eke out some profits by sticking to a cautious business approach. Marshall Monteagle shares have been performing exceptionally, rising from a price of R9 in August 2014 to R18.20 in August 2016.

  • The board expects that volatility in emerging market economies and currencies will continue, but the group’s conservative policies and strong balance sheet should enhance shareholder value in the long term. Considering the strong history of Marshall Monteagle share price, this could be a very solid stock to buy.

Marshall Monteagle Major Shareholders

Major shareholders include Lynchwood Nominees, Corwil Investments Holdings (Pty) Ltd and J P Lobbenberg.

  • Sector

    Consumer Discretionary

  • Industry

    Distributors – Discretionary

  • Sub industry

    Other Wholesalers

How to buy Marshall Monteagle Group Shares

  • Marshall Monteagle : How to buy Marshall Monteagle Group Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy Marshall Monteagle Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Marshall Monteagle Group and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase Marshall Monteagle Group shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in Marshall Monteagle Group.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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