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BHY Henry Boot

235.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Henry Boot BHY London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 235.00 00:00:00
Open Price Low Price High Price Close Price Previous Close
235.00 235.00
more quote information »

Henry Boot BHY Dividends History

No dividends issued between 29 Mar 2014 and 29 Mar 2024

Top Dividend Posts

Top Posts
Posted at 30/8/2016 11:42 by loobrush
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
Posted at 25/8/2016 13:29 by loobrush
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.
Posted at 20/7/2015 15:24 by interceptor2
I added to my BHY holding today on a technical breakout, noticed on the 13th July two 150k transactions went through at 232p which seems to have been the cause of the the breakout.

This morning there were two 180k transactions at 339.5p, could be some accumulation starting?

Interim results due end of August.
Posted at 07/4/2015 14:14 by retsius
Absolutely a non event since the excellent finals. Market up over 100 points and BHY goes down?...!
Anybody got any views?
R.
Posted at 26/3/2015 12:19 by interceptor2
Todays results were very strong imo, which is no surprise when their sector is so buoyant, and also good to beat consensus estimates.

Considering the weak market today, I think the BHY share price hasn't performed too poorly.
Posted at 26/3/2015 07:06 by qs99
IMO pretty decent results: PBT up 54% to £28m and EPS up 88% to 16.2p....divi up 10% and decent outlook statement with year starting well. Thoughts?
Posted at 06/3/2015 16:20 by interceptor2
Hi CFRO, pleased to see you here :o)

BHY operate in a strong sector and have appealing fundamentals, plus as you point out the technical's are interesting.

Should beat estimates after the confident trading update in January.

Results due 26th March.
Posted at 19/2/2015 14:39 by interceptor2
Nice strong breakout today with volume of 110k already, recent average has been about 25k.

They operate in the right sector at this time and we could see a good run into results now.

Just read on the INL thread that Simon Thomson has tipped BHY in the I:C.
Posted at 18/2/2015 09:18 by interceptor2
BHY seemed to have been forgotten in the Property and Construction sector, but with strong results from GFRD today and RDW last week, we should see renewed interest here in the run in to results next month.

Very confident trading update here last month, with net margins increasing to 16.4%, I think the results will please imo.
Posted at 04/11/2014 08:29 by cockneyrebel
Nice statement from PSN today - BHY trading update soon.

All imo/dyor etc

CR

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