Belvoir Share Discussion Threads

[stoph] 27/5/2021 09:23

An amazing company but it is a shame that they have not got someone competent enough to ensure that they can pay the dividend on time

[thorpematt] 27/5/2021 08:46

JD
I couldn't have put it better. I have other updates to read today and this I left until last. It's no wonder that Belvoir has an exclamation mark at the end of its name!

I still find it hard to not see as anything but cheap. So a very comfortable place in the portfolio.

[metis20] 27/5/2021 07:40

"The Board is pleased to report that trading during the four months to 30 April 2021 was exceptionally strong and materially ahead of management's expectations, with substantial revenue growth across all three markets."

[parttime] 27/5/2021 07:32

Indeed JD,

Not just ahead but ''significantly ahead''

'Consequently, the Board confirms that the Group is trading significantly ahead of mnagement's expectations for the year ending December 2021.'

[johndoe23] 27/5/2021 07:20

Trading updates don't get much better than that!!

[tomps2] 14/5/2021 09:14

David Thornton speaks on Belvoir’s (BLV) results at 17:03 in the latest piworld interview

Watch the Video here:

Or listen to the Podcast version:

[melloteam] 22/4/2021 10:23

Just to let shareholders and prospective investors know that Belvoir Group plc will be presenting at Mello Events’ Results Roadshow Special webinar event on Tuesday 27th March at 11am-3:00pm. There will also be other fantastic company presentations from Avation plc, RBG Holdings plc and Trident Royalties plc. There will also be a Results Round Up panel of professional investors. The event is free and you can register here: hxxps://melloevents.com/tuesday-27th-april-2021/.

[death by donut] 20/4/2021 18:24

Looks like roughly 10% of Co. moved at 190p today .Explains the dip?DbD

[johndoe23] 20/4/2021 15:25

What goes up, must come down!

[purplepelmets] 20/4/2021 15:22

Universal law of gravitation

[johndoe23] 20/4/2021 15:19

Any reason for drop? MM's hunting for stock?

[davidosh] 16/4/2021 16:37

Belvoir will be at Mello next on the 26th April

[johndoe23] 16/4/2021 15:05

Tipped as a buy in IC today. Nice 5p final divi ex div next Thursday.

[dubai123] 12/4/2021 15:20

Just to say you need to register if you want to attend . Someone kindly posted their link to a meeting before and could not use it as Simple and easy to register just add Belvoir and press accept and you will be sent your own link

[loglorry1] 12/4/2021 14:13

@2wild I think a p/e of 20 in this market would be more applicable given what is very likely to be double digit growth and importantly strong cash generation. Also don't forget your p/e is priced based on historic earnings. For 2021 we have much less covid impact and also another £1m of earnings from latest acquisition.

OK maybe I was getting a bit carried away with "stonking" but I bought most of my holding at a little over £1.

I'd much rather they paid no divi and re-invested cash at 20% returns on my behalf. It's more tax efficient and will grow the business very rapidly.

[2wild] 12/4/2021 14:06

loglorry1 - They did Not pay "! stonking dividend". They paid an unchanged interim and a slashed final partially deferred until June 21. Otherwise fabulous post.

At 210p they are on a PE ratio of 14.4 and yield 3.4% with the prospect of dividends and earnings growth going forward.

[thorpematt] 12/4/2021 14:05

Quite how a company with 24 years of consecutive profit growth trades on a fPER of 12 in this market against these interest rates is beyond me really. Clearly not fully understood.



Webinar here shortly, could help: -





CFO and CEO will present.


----------------------

[loglorry1] 12/4/2021 11:11

The thing to focus on here is Belvoir's ability to generate cash and importantly re-deploy that cash at very large returns. They generated a load of cash this year, paid a stonking dividend AND bought new assets which will return 20% on their purchase price.

This is what drives growth long term.

[2wild] 12/4/2021 10:04

Diluted earnings per share up 13.2% to 14.6p.
2020 final 3.8p + 3.4p interim = 7.2p Annual.
3.8 + 1.3p 2019 catch up, 5.1p ExD 22nd April paid 1st June.

Disappointed 2020 dividends only at 2018 levels. Although they have spent £4 Million on an acquisition this year and £2 Million last tear, so will forgive them.

[metis20] 12/4/2021 07:58

Year-end cash increased noticeably to £5.9m (2019: £3.6m)

Net debt significantly reduced to £3.7m (2019: £6.9m) despite deploying £2.0m to acquire Lovelle

Progressive dividend policy reinstated with total dividend for the year of 7.2p (2019: 6.7p including the catch-up final dividend of 3.3p) and dividend cover of 2.1x

[dubai123] 11/4/2021 10:36

Looking forward to seeing what the full year results look like tomorrow. Don't forget the CEO and CFO are presenting live to investors on the investor meet company platform tomorrow I think at 4.30. Have a number of questions so fingers crossed

[thorpematt] 06/4/2021 08:56

loglorry1

This is ideal, everyone can read it to their friends when they're at the pub!


:-/

[loglorry1] 05/4/2021 19:17

Belvoir Group PLC are due to release earnings on 12th April 2021

[thorpematt] 01/4/2021 12:55

Another nice acquisition for BLV.

They have been so good at integrating these and the value in the price paid always seems extra-ordinary.

There was a touch of Berkshire Hathaway in the commentry from Nick Humphries: -

" I have known for some time that Belvoir would be the right home for the Nicholas Humphreys network. "


I suppose if you spend your life building a business which deals in providing homes for your customers, it might be natural that you want to find a good home for the business you have built?