Bovis Homes Share Discussion Threads

[jdb2005] 14/1/2016 09:56

Managed to exit at 942 this morning just before it plunged to 907p.

Case of selling ahead of update although BDEV update was good few believe the BVS mgt are in the same league it seems.

[source] 14/1/2016 09:00

Down 50p. Market not got much faith in Bovis's update tomorrow then!?Regards Source.

[arcadian] 13/1/2016 12:20

Friday it is then together with construction figures. Either (China notwithstanding)there is some dark secret in the fundamentals which is preventing BVS from reaching its share price potential or the MMs are simply trying to acquire stock by forcing the share price lower so that they will be ready for meeting demand on Friday following the likes of Galliford, Redrow et al. The metrics for BVS are better than those of GLE and I believe that this will eventually show the analysts to be on the right track. I still hold but have added recently.

[discodave4] 13/1/2016 09:09

Trading update Friday.DD

[source] 13/1/2016 08:37

Good to see another positive broker recommendation. Generally across them all they seem to be recommending a share price target between +30% to +60% from the current low levels. Bodes well if Bovis management can pull their fingers out!Regards,Source.

[discodave4] 12/1/2016 20:31

Jefferies lifts target price 14% to 1588 and reiterates a buy.A positive mention as a growth play.Http://www.sharecast.com/news/jefferies-hoists-target-prices-for-housebuilding-sector/23828099.htmlDD

[source] 04/1/2016 12:19

Awfully low volume today and made up of lots of small trades. Not sure why that is leading to the current 30p fall though. Regards,Source.

[jdb2005] 01/1/2016 16:13

Happy New Year - prediction that BVS will move up 20-25% in 2016.

[dr_smith] 31/12/2015 14:54

Looking at time I think DiscoDave4 and Source are having a party in Tonga ;-)
Seasons greetings fellow threaders!

[source] 31/12/2015 13:44

Happy New Year!

[discodave4] 31/12/2015 13:29

Happy New Year all.DD

[pen8] 29/12/2015 17:35

Good so see the start of a rally... Now moving with other property stocks and should now have a solid 3 months and seems a little undervalued

[discodave4] 22/12/2015 19:52

Bit quiet on here lately.Merry Christmas all and a very, very, prosperous 2016.DD

[arcadian] 14/12/2015 18:38

Agreed. Today was not nice but the forecasts still show good returns and value; the shares are not expensive. I`ve decided to wait for the full year figures and will hold until then.

From the last trading statement

In summary, David Ritchie, Chief Executive, commented:

"Bovis Homes is taking another step forward with its growth strategy in 2015. We continue to trade well supported by a strong market backdrop and have in place the required pipeline of sales to deliver our planned volume growth for the full year.

"The growth in volume and increase in sales prices are expected to deliver strong revenue growth and a capital turn in excess of one. Whilst our operating profit margin is now expected to be only marginally ahead of the prior year, the Group remains on track to deliver a further increase in return on capital employed in 2015.

"We continue to invest in high quality land, including the successful conversion of our valuable strategic land assets, and remain confident of delivering our strategy of growth in volumes and returns."

[jdb2005] 14/12/2015 17:44

Not very inspiring today with sell-off in first hour not leading to many taking on board stock ahead of results.

[source] 14/12/2015 16:38

Yes trytoeasy - Seems Bovis could hopefully be taken over to correct that as there seems to be quite a bit of value here in comparison to other builders.

Regards
Source

[trytotakeiteasy] 14/12/2015 09:20

Interesting that Bellway is yet another homebuilder showing how poorly Bovis is run...Bellway's results saw it hit a new high recently...

[discodave4] 14/12/2015 09:18

Holdings RNS tomorrow I assume!DD

[discodave4] 14/12/2015 09:09

14th Dec Deutsche restated Buy.DD

[jdb2005] 14/12/2015 08:27

Any clues why BVS is down to 963 in first 25 mins ??

[jdb2005] 09/12/2015 09:56

Quite a pull-back this morning with BVS down from 997 to 971.5.

Think that is symptomatic of the overall market but must look cheap now.

[source] 04/12/2015 15:41

Wow - huge rise by Berkeley of 10% now...Very positive statements about housebuilding for the next 3 years...Should rub off on Bovis.

(I'm also hoping they buy them out! ;)

Regards
Source

[source] 04/12/2015 13:09

Berkley up 7%+ today on great results...Certainly many things Bovis could learn form them...

Maybe worth sending to BVS CEO Ritchie to show him how to run a good operation! :)

Regards,
Source.

[discodave4] 03/12/2015 09:24

Be good to see it close over £10 today.DD