Wren (See LSE:WREN) Share Discussion Threads

[geeforce] 19/4/2007 12:41

A little bird told me that this is going to fly!

[moormoney] 04/4/2007 16:28

Hi GF! tell them of your interest on the other side-I can't drum any up over there.

[hedgehunter1] 04/4/2007 16:25

Have a look at retirement sector SVN equity release. If you were to marry such good minds, who knows what might happen.

Bit of selling today, on the back of profit taking, worth waiting for froth, and then come back for more, think it's slightly ahead, but trying to get meaningful chunks is a game.

Really rate the directors, who want to drive this baby,a nd their blue chip shareholder base is comfort in it's self. Ie Luke Johnson!

Happy Hunting

[what is a login ?] 03/4/2007 15:25

Moormoney, I held McCarthy and Stone from 1994 till it was taken out last summer. The growth was phenomenal.I still miss it - and the dividend were generous too. I see Wren have recruited one of MCTY's managers.

[moormoney] 03/4/2007 14:07

The only other builder in this retirement sector was taken out at a very much higher price than this one is trading at--I'm happy holding.

[what is a login ?] 03/4/2007 13:55

You are right to point out the fundamentals, Hedgehunter. In the buiding sector a P/e of over 10 is high imo. You are lucky to have discovered this company early. (Although fortune favours the prepared mind, as Louis Pasteur pointed out. I only heard of it after IC tipped it at 57p. I think the P/e is only one consideration however. I am thinking of where this will be in five or ten years time given the demographic trends and the need for older people to feel safe and snug. Then there is the niche aspect to the business and the competititve edge. Wren could provide sheltered accomodation in more senses than one.

[hedgehunter1] 02/4/2007 10:56

Be very grateful, for local view point on how sustainable to current P/E ratio of 20 is, as compared to it's peers.

Luckily bought in at lowere, and pound cost averaging up, as price has risen, but feel, we need to pause for breath, on the back of such a meteoric climb.

The group, has a wonderful business model, and most other housebuilders would be very envious, at the level of growth and profits.

The question I have is is it sustainable, and can they cope with that amount of development product coming through th pipeline?

Any views would be welcomed.
Hedge

[what is a login ?] 01/4/2007 18:33

I'm not an old sardi holder! whatever that may be :-)

This is what caused the Wren to rise

6 months to 31.01
()=Loss/Debit
Figs in £ and pence (p), unless
otherwise stated.
2007 2006

Revenue 477,485 1,188,995
Pretax profit 245,504 1,716,178
EPS basic 0.48p (0.33p)
EPS diluted 0.48p (0.30p)
Maiden dividend 0.25p


Losses turning to prifots and a maiden divi. Looks good.

[geeforce] 28/3/2007 08:51

any old sardis holders still around? :>}

[what is a login ?] 27/2/2007 10:52

Here's some more information about Wren. I hope the link works.

[what is a login ?] 26/2/2007 11:47

Now you've made me jealous, philjeans. lol.
I'll be quite happy if the share price goes up 50 per cent in the next twelve months.

[philjeans] 26/2/2007 09:30

Cheers login; have to admit I shed a few recently - 500% in less than 12 months was too much of a temptation!

But still a great future for this one!

[what is a login ?] 26/2/2007 09:20

This company was tipped last week by IC at 57p. I bought 2000 this morning at 61.6p. I used to hold McCarthy and Stone and have bween looknig for a replacement in the sector. Reading this thread I wonder whether I should have bought more. I think I'll wait for the maiden divi however before contemplating a top up. Well done philjeans for getting in so early. I think this company has great prospects.

[johnsoho] 13/2/2007 10:03

RNS just released regarding the appointment of the ex McCarthy & Stone Sales & Marketing Director as Wrens Sales & Marketing Director Designate.

Having read the statement I think this could be a very good appointment.

[philjeans] 05/2/2007 12:41

Going well - the only quoted builder now for the retirement sector?

[trendie] 26/1/2007 09:45

What is your view now on this ?

[geeforce] 12/1/2007 09:31

'cos I can't think of any other reason why they'd ask me if (were I to consider selling my holding), I'd give them an option to buy. Surely they can get them in the market if they want them that bad?

[geeforce] 09/1/2007 09:36

Had a phone call yesterday from someone who'd got my details from 'the shareholder's register'. Anyone else?
Suspect we may see some movement here shortly.

[torabora] 21/12/2006 16:49

Not ramping , up 500% so far this year, with in my view a long way to go.!!House prices in prime London going up 4 times faster than Wren:s patch, [the south east]. happy xmas, Philjeans.

[philjeans] 21/12/2006 16:40

Thanks tora but I've seen you rampimg that one on just about every other bb!

[torabora] 21/12/2006 16:38

NTA, Prime London housebuilder, 500m pounds of sales in next 3 years, pe of 4.5, that may half this year. so, so, cheap.

[philjeans] 21/12/2006 16:31

Going like a train actually - uo 4p this week!

Get real.

[redtelephone] 21/12/2006 12:16

3 big sells today 180 000

[philjeans] 30/11/2006 18:45

OK - your choice.

Good to see plenty of trades today - if your opinion is correct, they show a very strong opening - up on the day!