Savills Share Discussion Threads

[mike24] 12/7/2013 07:16

every good reason the bulls see a UKM style spike on results
from the evening standard, miles shipside comments "the good news is
this indicates a wider upturn"

the bad news there are concerns of a bubble
as the average london price "surged" past the 515k mark

the comments below the article give a erm not so kind view of e/agents & RMV
but the 6quid curse should be broken soon :)
all this ramping makes a volatile sp, good for trading
nai

[cockneyrebel] 10/7/2013 16:19

RMV, LSl, CWD all making new highs here today.

Surely SVS has to join them soon?

RMVB, LSL and SVS all with results at the end of the month.

CR

[cockneyrebel] 09/7/2013 14:22

Yes, the statement was upbeat - I can't imagine anywhere hotter than London Property at the moment either.

CR

[prabirnand1] 09/7/2013 14:16

Let us hope you are right this time CR. The interim management statement in May stated

'During the first four months of the year Savills has traded as anticipated with strong growth in Asia, a robust performance from the newly combined UK businesses and a continued reduction in losses in Continental Europe. Our US business has also shown improved performance in comparison with the same period last year and Cordea Savills, the Group's investment management business, has traded in line with our expectations. As previously indicated, we expect that our trading result to date will result in a stronger first half performance than in 2012 with the full year outlook in line with our expectations'.

We will see in about a month what this translates to in actual figures. Hopefully, there will be a run up as the time approaches.

[cockneyrebel] 09/7/2013 13:35

She wants to break out imo :-)

CR

[bouleversee] 08/7/2013 18:52

According to The Times, it is proposed to have a Mansion Tax of 1% on values above £2m. I wonder what that will do to valuations and sales and whether it will apply to non-doms.

[cockneyrebel] 08/7/2013 14:27

Read Bovis t/s today? Seen TW' and RDW last week?

BDEV on Weds this week.

The likes of SVS, RMV and LSL must be having a great time imo.

Just a few weeks to the next SVS update - perhaps July will be SVS's month.

CR

[prabirnand1] 08/7/2013 13:40

Been trying for four months. Hope we succeed this time.

[scottishfield] 08/7/2013 13:17

a push thru 600 & hold is what we want now

[mike24] 05/7/2013 13:22

just a risk the Chinese prop market might tank, interbank rates to high
and effects of prop tax, 12%? even a new bubble in uk gathering pace

rates at 1.99% fixed for 2yrs + 1k fee, then change to SVR of nearly 5%
but on changing to a new product, plus another 1k fee due, going back to
getting joe consumer overleveraged, London prices are crippling the renters

china has not yet seen a crash, the soaring prop prices, land grabs, hurting agriculture, millions of empty properties, shadow banking,
quality of goods not improving, high shipping rates driving manufacturing back to US, and the Yuan Bluff, in the coastal cities 15yrs ago y could buy a flat for 6 or 7k, if the economy is so good why the need for them to buy the Lloyds buildng, spread the risk? should'nt uk investors do the same

the Chinese (HK) piled into off plan in londons docklands in summer 87 causing studio
prices to rise by average of (100k to140k) 40% in six months, with nearly every builder going bust, because most buyers had disappeared by completions due in 90, by 94 y could buy the same studio flat below 90k
history is repeating itself on a grand scale, smell the coffee !
nai

[cockneyrebel] 04/7/2013 15:19

£6 gone

CR

[cockneyrebel] 04/7/2013 13:06

With the market this strong that £6 has to get taken out well before the results imo.

CR

[cockneyrebel] 04/7/2013 12:46

By Ilona Billington
LONDON--The U.K.'s housing market showed further signs of increasing health in June, as high street lender Halifax said Thursday that annual house price growth was the strongest for almost three years in June.
And, in a six month trading update, house builder Taylor Wimpey said government programs boosted its performance in the first six months of this year, activity and prices both increased.
Lloyds Banking Group-owned [LYG] lender Halifax said house prices rose 0.6% on the month in June and were 3.7% higher compared with a year earlier. Both the year-on-year rise and the new level of average U.K. house prices at 167,894 pounds ($256,232) are the strongest since August 2010.
In May house prices rose 0.4% on the month and were 2.6% higher on the year.
"Improved confidence in both the housing market and the economy, combined with a shortage of properties available for sale, appear to be pushing up house prices," said Halifax housing economist Martin Ellis.
"The Funding for Lending Scheme is also likely to be boosting the market by helping to reduce mortgage rates. There are also early indications that the Help to Buy: equity loan scheme may be stimulating demand," Mr. Ellis said.
In line with the rising number of reports showing house prices and activity have grown over the past few months, Taylor Wimpey said it expects to report its operating profit rose 13% in the first half of 2013 from the same period in 2012.
It said the Funding for Lending Scheme and Help to Buy government initiatives have helped boost purchasing activity and added it had completed the first sale through the Help to Buy plan, which offers first-time buyers a 20% government loan and mortgage guarantee to purchase a newly built home.
"We have welcomed signs of significant improvement in the housing market in the first six months of 2013 where we have seen increased consumer confidence, underpinned by both generally improved access to and affordability of mortgage finance and by the recent government measures," said Taylor Wimpey's chief executive Pete Redfern.
While government efforts to increase mortgage lending and encourage first-time buyers to purchase a new home are helping to boost house sales, they are also helping to raise prices, which some fear could lead to a fresh housing bubble.
The increased demand but still too few number of homes in the U.K. has already led to rising prices, among newly-built and second-hand homes.
The Organization for Economic Cooperation and Development and the International Monetary Fund have separately commented on the dangers of the lack of additional incentives on home builders to raise their level of production in order to achieve a balance between supply and demand to help avoid inflating prices.
And, Sir Mervyn King, the former governor of the Bank of England has said that the Help to Buy program must have a time limit and not be allowed to operate indefinitely.
Write to Ilona Billington at [e-mail]

[uppompeii] 01/7/2013 14:37

Has anyone any idea why this is all over the place share price wise?

[prabirnand1] 28/6/2013 12:34

I don't remember a placing by the company. It was an institution selling.
In fact Credit Suisse selling on behalf of Oaktree.

[cockneyrebel] 28/6/2013 10:50

Bouncing nice here today.

CR

[bouleversee] 25/6/2013 18:15

Best of luck!

I don't like placings which presumably dilute my equity. Why don't they do rights issues instead if they need more capital though why should they? Am not a trader but have had these shares for years and am still losing. Not impressed.

[fozzie] 25/6/2013 16:42

Just had another bad day CR, and it hurts a whole lot more with me not working atm, just really surprised with this one. I am loaded up though and looking for 650-700 this year.

[cockneyrebel] 25/6/2013 16:39

a rise in the share price fozzie - that's what !

Remember that placing a while back - nobody interested then.

Still - had a great divi - just wait till it rallies, it's usually exciting :-)

CR

[fozzie] 25/6/2013 14:06

What are we not seeing here?

[fozzie] 25/6/2013 09:23

Was this really 635 intraday 10 days ago? seems like a dream, i absolutely cannot understand why we are languishing at 550 and down yet again today, vexed of Harrogate!

[mike24] 24/6/2013 11:29

the chart shows a drop from mid march to mid april, when
est,agents were already talking of a bull market from new yr
so why rush in long now, wait till the share price levels out

isn't the economy to dependant on a housing recovery with each
£1 of economic expansion paid for with £4 of additional debt

[cockneyrebel] 24/6/2013 08:13

Sanity returning?

CR

[cockneyrebel] 22/6/2013 11:25

Mortgages rocketing, house sales rocketing, prices rising, London property and the far east very strong.

Short term the mkt is flaky and you can't buck it but take a slightly longer view and I think the fwd PE of just 13 here will excite punters to buy ahead of the results in early August imo.

July should be an interesting time imo. I'll be adding if these are this cheap in still - when property mkts are this good SVS has traded on fwd PE' of 20+, highly geared to rising sales and prices imo.

All imo/dyor etc.

CR