Share Name Share Symbol Market Type Share ISIN Share Description
Boot(H) LSE:BHY London Ordinary Share GB0001110096 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.75p -0.38% 194.25p 194.00p 196.50p 196.50p 194.25p 194.75p 106,277.00 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 176.2 32.4 17.5 11.1 256.55

Boot(H) Share Discussion Threads

Showing 276 to 299 of 300 messages
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DateSubjectAuthorDiscuss
30/8/2016
11:42
Simon Thompson comment today on Henry Boots results "A boot'ful investment The key takes for me in the half-year results of small-cap property and construction company Henry Boot (BHY:208p) was not that it's trading ahead of previous expectations after land sales were completed earlier than expected ('Boot'ful land sales boost Henry Boot', 9 Jun 2016), but that activity and deals are progressing as envisaged with little negative impact since the Brexit vote. Land development division Hallam Land secured planning consent on more than 4,100 plots in the six-month period and now has 15,183 plots across 47 sites for sale, and a further 9,500 plots across 18 sites subject to planning applications. Pricing levels since the EU referendum have been maintained and the £111m book value of land investments, held at the lower of cost or net realisable value, affords substantial asset backing. A doubling of Hallam Land's first-half operating profits to £13.3m, and a 50 per cent-plus rise in profits from commercial property developments were the key reasons behind Henry Boot's pre-tax profits and EPS rising by half to £20.8m and 11.9p, respectively. Full-year EPS expectations of 20.3p support a raised payout of 6.5p a share and look well within reach. Moreover, as the pre-let commercial development pipeline completes over the next few years this will result in the company being cash-flow-positive, thus placing it in a strong position to exploit any acquisition opportunities. In any case, net debt is already comfortable at 25 per cent of shareholders' funds, so the company's balance sheet is hardly overgeared. Henry Boot also holds £118m of income-producing investment property, so offering further asset backing, and a de-risked commercial development pipeline, both of which are supportive of decent earnings growth in the years to come. True, the shares have yet to make any meaningful headway on my 205p buy-in price ('A bootiful investment', 19 Feb 2015), but I still believe this is a rock solid company and one where my heavily discounted sum-of-the-parts valuation of 280p a share is warranted. BUY
loobrush
25/8/2016
13:29
Motley Fool today Henry Boot (LSE:BHY) reported a strong performance in its half-year results this morning. The group, whose operations extend across housebuilding, commercial development, construction and plant hire, said pre-tax profit advanced 49% on increased revenue of 35%. The shares have moved higher in early trading, and at 208p are back to their pre-referendum level. Management said that so far since the Brexit vote it's been business-as-usual, but what I particularly liked was the following comment. "The completion of our commercial development pipeline in progress, largely already pre-let and/or pre-sold is likely to see the Group be cash generative over the next two years and, should the post referendum world prove to be more turbulent than we are experiencing at the moment, these internally generated funds should provide the resources to acquire competitively priced opportunities for the next cyclical growth phase". Trading on a price-to-earnings (P/E) ratio of just 9.9, an attractive price-to-earnings growth (PEG) ratio of 0.5, and with a handy 3.2% dividend yield, this looks a very buyable stock to my eye.
loobrush
25/8/2016
09:33
Certainly my reading is that most of the Aberdeen stuff isn't speculative-- it's just a contract.
bscuit
25/8/2016
08:52
I think you will find that the Aberdeen project is not a speculative project as its with City Council and all buttoned up niceley. Boot is avery carefull company in this regard-what you might call a safe pair of hands in my view .
loobrush
25/8/2016
08:30
Results good but I'm reluctant to chase due to the significant investment in Aberdeen which is risky due to North Sea oil decline
wipo1
25/8/2016
07:17
Great results-very pleased. They are so very low key at these great results and contract gain news, the complete opposite of most aim company directors who would be saying how brilliant they are with half year profits up from £14 million to £20 million. Love it
loobrush
25/8/2016
06:57
Good results as expected and better still a positive outlook even if the road ahead with brexit uncertainties remains bumpy, using cash to take advantage of any opportunities ahead of the eventual upswing. On top of yesterdays Aberdeen news, happy to have held on to these.
paleje
24/8/2016
17:25
Oversold on Brexit.Will be interested in tomorrows interims in light of todays cautious outlook statement.
shauney2
24/8/2016
17:07
Henry Boot the builder looking very good this morning-they were panned on Brexit and now coming back on news. Results tomorrow should be excellent as already flagged up. Tipped by IC they have over 2000 building plots for sale and have been left behind as all other builders race away. Bought last week and am looking for a very healthy rise on news and for share to get back to previous levels 230-240p,but could go higher.
loobrush
24/8/2016
09:52
Henry Boot the builder looking very good this morning-they were panned on Brexit and now coming back on news. Results tomorrow should be excellent as already flagged up. Tipped by IC they have over 2000 building plots for sale and have been left behind as all other builders race away. Bought last week and am looking for a very healthy rise on news and for share to get back to previous levels 230-240p,but could go higher.
loobrush
13/7/2016
07:54
FWIW, decided to take a handful of these at 170'ish. Fingers crossed and all that jazz for some medium term outperformance.
cwa1
01/7/2016
07:50
I acknowledge that risk Pug, I don't know if we're heading for a major and long lasting slowdown or not, our 'leaders' are running round like headless chickens at the moment, Carney didn't instill much confidence yesterday, it's all very fluid. I hold these and slightly underwater, waiting for a sign:)
paleje
28/6/2016
09:38
palege:- Agreed for this year but if major slowdown in building then would not the carrying value of the land bank be hit ? Also Bscuit has a very valid point (imo) re Aberdeen.
pugugly
24/6/2016
15:13
IC tip of the week last night. Bad timing, not as bad as many of the pure housebuilders though and management have made it clear in or out profits will be ahead.
paleje
23/6/2016
10:35
Shares have drifted back to 207P . Looks a good price - bought some today. Results on 25 August
ganthorpe
08/6/2016
06:54
It seems 2 weeks on and that EU uncertainty is gone. This sale completed yesterday evening (7 June 2016), earlier than management expected, with the site sold in two (rather than three) parts in each of 2016 and 2017. Furthermore, the sale results in a materially higher total profit on disposal than had been previously anticipated. Taking into account the level of land sales now completed by the Group since the start of the year, together with the commercial development work in progress through the second half of the year, and irrespective of the EU Referendum result, the Board now anticipates that profit before tax for the year ending 31 December 2016 will be comfortably ahead of current market expectations.
shauney2
26/5/2016
08:49
Aberdeen is an increasing worry imo.
bscuit
26/5/2016
07:32
Morning Shauney, on the whole fairly positive BUT I didn't like this remark:- However, we may see some transactional uncertainty around the EU referendum. We do not anticipate this will last for long or have a detrimental effect on the year as a whole, and therefore we remain confident that trading will meet the Board's expectations for the full year. Think that might be setting them up for(or they already are experiencing) a little temporary weakness ahead of the next set of results, which they expect to catch up as the year progresses.
cwa1
26/5/2016
07:10
A good decision CWA1 All sectors going well.Positive going forward. "Our Construction business continues to undertake projects across a wide range of sectors including industrial, residential housing, custodial, health, commercial, education, leisure, renewable energy and civil engineering. We have made a strong start to the year and expect to achieve targeted activity in 2016 and are already building the 2017 order book. Encouragingly, and contrary to certain press comment regarding parts of the UK construction market, we are seeing improvements in both construction activity and the size of opportunities coming to the market. As a consequence, we anticipate a small improvement in pricing levels associated with the growing workload in all our operating sectors.
shauney2
25/5/2016
14:35
Taken a few as a punt FWIW.
cwa1
25/5/2016
13:10
AGM statement tomorrow. Lets see if it deserves to be as unloved as it is.
shauney2
15/1/2016
19:00
Given the slowdown in North Sea oil and job losses in the Aberdeen area the major investment just starting in Aberdeen is a worry.
bscuit
15/1/2016
07:04
Nice ahead, albeit "slightly" RNS...
qs99
31/7/2015
12:46
Good broker service--bought 4000 today @238 and ADVFN marked it as a ? rather trhan a buy or sell.
bscuit
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