Savills Share Discussion Threads

[fozzie] 25/4/2013 14:03

Ahh Bisto! Glad i got straight back in now, i do love being right!

[cockneyrebel] 25/4/2013 12:50

Going for it today :-)

CR

[mike24] 24/4/2013 11:51

housing revival was built into the price
when it recently touched six quid,

in the US 24% of the revival are investors, a great many chains started
by btl's in the UK, don't see much more immediate up side in svs price
but rightmove looks to go further as the volume in turnover will increase
outside the London area, the ripple effect
dyor

[lucky_punter] 24/4/2013 09:16

Broker Round-up: Savills

UBS analysts today urged clients to put an offer in for shares in estate agent Savills (LON:SVS), which they believe will benefit from the housing revival.

[dflowers68] 23/4/2013 23:25

CR - thanks for info ref AGM/Management Statement, not been keeping my eye on this one.

Regards DF

[cockneyrebel] 23/4/2013 18:46

AGM May 8th which comes with their Interim Management Statement.

CR

[broadwood] 23/4/2013 18:02

Basically the same.

Savills was performing well on Tuesday morning after UBS upgraded its stance on the stock from 'neutral' to 'buy', saying it sees further upside from a global real-estate recovery.

The broker said it has turned more positive on Savills following some near-term share price weakness - before Tuesday, the stock had fallen around 11% over the past month.

"We believe that Savills remains well placed to benefit from a continued recovery in global real estate markets. Specific sources of upside include: reversing losses in Continental Europe, cost control and further transaction volume growth," UBS said.

The broker expects Savills to break even on the Continent in 2014 and for the pre-tax margin to increase by 140 basis points (from 2012-2014) to 8.9%. This drives its forecast for full diluted earnings per share to increase 30% to 44p in 2014.

While the company is exposed to the cyclical transaction markets, UBS still believes it has "significant defensive attractions". Nevertheless, the two biggest risks are sustained weakness in Continental Europe and a larger-than-expected impact of government property policy measures in China and Hong Kong.

A 610p target price for the shares was maintained.

The stock was up 2.84% at 525.5p by 10:21 on Tuesday.

BC

[cockneyrebel] 23/4/2013 07:47

0639 GMT [Dow Jones] UBS upgrades Savills (SVS.LN) to buy from neutral, keeping its price target unchanged at 610p. Savills remains well-placed to benefit from a recovery in global real estate markets, UBS says. It identifies scope for upside potential in a reversal of losses in Continental Europe, cost control and further growth in transaction volumes. While the company benefits from exposure to cyclical transaction markets, UBS says it also has significant defensive attractions. "Its non-transactional businesses proved resilient during the credit crunch," it notes. Shares closed Monday at 511p.([e-mail])

[cockneyrebel] 11/4/2013 19:55

agree.

CR

[dflowers68] 11/4/2013 19:21

Hi all - I got into this one by chance, just happened to be looking at biggest losers on 27/3 the day of holding RNS (must of been a slow day) plus property is my thing. Anyway, couldn't see why the 8% loss so thought I'd give it a go. Added a few more the day before XD knowing that it would go down but I can't see why this won't get back up to around 570.00 quite quickly. Results looked good, increase in dividend etc. etc. Nice add to my little list of gems me thinks.

GLA

DF

[cockneyrebel] 11/4/2013 15:10

Well done fozzie ! :-)

When you make a mistake don't compound it by doing nothing about it imo! :-)

Rallying sharply.

CR

[fozzie] 11/4/2013 08:55

In again yesterday at 496 with a bigger position, i hate being wrong!

[cockneyrebel] 10/4/2013 15:29

Bad luck fozzie.

Placing done I suspect, a buyer that never wanted the income so took it up after the XD perhaps?

Great bounce point for the chart imo.

CR

[fozzie] 10/4/2013 09:31

Ahhh stopped out at 488 this morning the barstewards, my own fault, took my eye off it and forgot about xd. Amazed at the share price reaction the last 10 days, amazed!

[cockneyrebel] 10/4/2013 08:17

yep, XD and wacked down to the recent support level to get this placing cleared imo.

Great buy point here perhaps

CR

[11mel] 05/4/2013 15:31

Any thoughts on why the big sell off, Japan QE??

[diabhal] 03/4/2013 23:42

Held against the falling market today with two massive buys after 4pm (£2.2m). Looks strong.

[cockneyrebel] 03/4/2013 11:59

XD next Weds

CR

[cockneyrebel] 03/4/2013 11:13

On the way up again - I still think the placing is nearly cleared.

CR

[fozzie] 02/4/2013 14:57

Bit surprised by todays fall against the market and my instinct, placing not finished?

[cockneyrebel] 01/4/2013 12:41

Nearly all gone imo prabirnand1.

Interesting article in the Telegraph today 0 AVS comment and good news for SVS imo:

[prabirnand1] 28/3/2013 14:51

Sorry, meant Oaktree!