Belvoir Share Discussion Threads

[zoolook] 08/6/2016 09:30

"In addition, the Company is pleased to announce that Mike Goddard, Executive Chairman and CEO of Belvoir, has sold GBP650,000 of Existing Ordinary Shares at the Placing Price."


I bet he's pleased too

[onjohn] 08/6/2016 09:07

how many he selling

[zoolook] 07/6/2016 19:44

I decided to bail this morning. Acquisition large and not a bargain + Director selling.

[shauney2] 07/4/2016 20:23

ADVFN...do something about these multi handle posters.

diku,opodio,Albanyvillas are the same person.Also known as 3rd eye at the moment.

[davidosh] 07/4/2016 17:43

If a couple of you are keen holders I have two places available for a lunch and presentation with Belvoir this coming Monday in the City. Just email me via mellomeeting.co.uk

David

[firtashia] 05/4/2016 08:23

Really, Albanyvillas?

Here's what I've lifted from the MCO annual report

"2015 was our most successful year to date demonstrating the power of our multi-brand franchise strategy. It was a year of consolidation and growth for the Group which saw us open 13 new offices across our brand stable, leveraging our expertise in lettings and growing our estate agency services across our expanded network. Despite tax changes relating to buy-to-let investments, the fundamental drivers of the private rented sector remain in place"

Filtered.

[albanyvillas] 05/4/2016 07:47

Looks like Martin has missed profit forecasts

Loads of landlords selling up

[bellymonster] 01/4/2016 16:34

Finally, some movement in the other direction.

[tarrant777] 12/2/2016 12:28

Are the board simply happy to see the shares drifting towards an all time low?

[dlku] 23/1/2016 16:47

should be 50p

[opodio] 15/12/2015 09:01

Reason for the hit.

[opodio] 14/12/2015 17:42

The government's buy-to-let stamp duty increase will cost landlords the equivalent of 11 months' rental income


No doubt landlords would try and recoup some from Agents' commissions.

[opodio] 04/11/2015 17:42

CWD today - Despite generally encouraging economic conditions, the anticipated post-election recovery in residential transactions failed to materialise in any significant way.

CWD plunged and so did FOXT

[roddyb] 18/9/2015 10:17

- a year since it was "bowling up nice", several acquisitions later and we are still in the range of 130p-120p

If interest rates rise causing Landlord exodus or Labour manages to influence legislation on rent controls, then we are in trouble. If the buy to let tax grows beyond that defined in the 2015 Finance Bill then that will be a problem as well.

Assuming we carry on growing and the dividend stays strong - then that's good enough for me. Holding these in an ISA or SIPP means I am getting a better yield than their own clients are in bricks & mortar...

[dewtrader] 27/8/2014 08:10

bowling up nice

[dewtrader] 26/8/2014 16:32

next leg up

[dewtrader] 26/8/2014 15:04

BLV - Belvoir - Lettings estate agency 26% compound Earnings Per Share growth for 3 years

[dewtrader] 20/8/2014 12:18

heding northwards

[cyfran101] 09/4/2014 01:32

On 26 April 2014 new regulations come into force regarding mortgage lending as a result of the Mortgage Market Review (MMR)

You not only have to demonstrate being able to afford the loans at current levels but also be stress tested to ensure you can meet payments if rates rose to circa 7%. Buyers are also being questioned over their spending patterns.

All this is to prevent the reckless lending that contributed to the last financial crisis.

So what does this mean for the housing market?

Well lenders are bringing in these new tests ahead of the date and this has already meant mortgage approvals have dipped 10%



Its the MMR that is of most concern. Soaring house prices and more restrictive lending criteria mean something is going to have to give. Lenders will be more reluctant to lend and buyers less likely to pass the stress tests.

Even if buyers have a deal in principle with a lender these will not be honoured after the 26 April.

/www.mortgagestrategy.co.uk/news-and-features/sectors/regulation/regulation-news/nationwide-and-nottingham-lay-plans-for-post-mmr-strategies/2007390.article

It may mean that buyers who are approved could get a better deal as they have been vetted to a greater extent but would mean interest only buyers are more likely to be rejected.

What do buyers do that can't buy.....Rent.

I would suggest investors take an interest in the full May mortgage approval stats from Bank of England when they are published.

[bellymonster] 21/3/2014 10:58

Belvoir have appointed a raft of non-exec directors today?

Is this deemed a good thing or simply jobs for the boys?

I'm particularly intrigued by the appointment of Andrew Borkowski, seems he is or has been a director for loads of different companies but 2 that stand out are...

Woof Woof Ltd and Jedimasters Ltd!!

[cnx] 15/3/2014 03:14

Year end trading update and Notice of Results

The Company, today issues a trading update for the financial year ended 31 December 2013 and confirms that it will propose an increased final dividend of 3.4p per share (2012: 2.9p), resulting in a total for the year of 6.8p per share and represents an increase of 17% on the prior year.

The Company expects total revenue for the full year to be approximately GBP5.8m which is a significant increase of 44% on the prior year figure of GBP4.0m. Additionally, reflecting the anticipated second half weighting of trading of the business, profit before tax in the second half was approximately double that reported for the first half year, giving GBP1.62m for the year, after one-off acquisition and fundraising related costs totaling GBP200k (which in accordance with IFRS are not sufficiently material to be separately categorized as 'exceptional items'). This higher turnover partly reflects the change in mix to more owned lettings outlets which has led to higher costs in relocations and shop fittings.

Much was achieved in 2013 in line with the Group's strategic objectives; however, the peak of insurance commissions anticipated to be received before the year end were delayed in the short term due to a major change of the preferred broker. This resulted in delayed commissions to the franchisees and hence affected the timing of Managed Service Fees ("MSF") received. The changes to the insurance arrangements have included external consultancy costs and ultimately income was deferred, adversely affecting the current year profitability. It is hoped that the new insurance product set is now much improved in quality and should sell in greater numbers going forward. Irrespective of this MSF increase to GBP3.1m from GBP2.85m, an uplift of 8.8%, this is below our own budgeted expectations which were set at 10%.

Good progress has been made on the estate agency trial with larger members of the trial group reporting house sales and a good reception to the service from buy to let landlords.

Belvoir will publish its full year results for the year ended 31 December 2013 on 26 March 2014. An Analyst meeting will be held at 10.30am on 26 March, at the offices of Buchanan, 107 Cheapside, EC2V 6DN.

[tightfist] 27/9/2013 16:02

I need to spend more time on digging deeper too!

Are you aware of where we can get regular updates/analyses on BLV progress from PR companies, brokers, etc? The company is changing it's business model significantly (ref: the intangibles situation above, cash flow, etc)and we really need a better idea of what to expect going forward. As I see it it's NOT more of the same, replicating the franchisor format, growing outlets at 10% pa, and compounding with local market penetrations.

I really don't want to slip into becoming a shareholder in what might become yet another chain of undifferentiated Estate Agents!

That sounds like AGM material......