Boot (henry) Share Discussion Threads

[melegramforttongo] 19/9/2023 10:58

This thread seems too sensible for my liking.
You guys haven’t done well recently but you have a sensible thread .
Millstone hasn’t polluted it yet ….

[essentialinvestor] 19/9/2023 10:38

2024 likely to be tougher as they make the bulk of profit on land sales and the HB's are
now reducing volume.

[my retirement fund] 19/9/2023 10:06

Yes, good luck far too early in the cycle to buy, imo and despite the generous dividend increase, its still a yield close to 4% at this level which cannot compete with high Street savings accounts, so I suspect the share price will continue to be under pressure

[spectoacc] 19/9/2023 08:28

Good luck. They were good, but an understandably poor outlook.

[manrobert] 19/9/2023 08:17

just bt 2000 pound of shares.cant believe these have not taken off after results

[spectoacc] 15/9/2023 10:03

Agreed. I reckon they'll be doing "well", but in the context of a one-way housing market. Realistically going to be a few years before the cycle turns again.

Happy to sit on some BOOT but not a large holding.

[essentialinvestor] 15/9/2023 09:56

Indeed, but the cycle firmly against the business ATM, has been a decent longer term
hold if you can live with the cyclicity and hopefully that continues in years ahead.

[jurgenklopp] 15/9/2023 09:47

Interims next Tuesday.

This is a well run Company with a solid balance sheet.

The update will be interesting.

[essentialinvestor] 08/9/2023 14:13

Spec, Labour may help with planning (but won't hold my breath on that one).


VTY is nearly 60% Above last autumn's low point.

Some marked differences in the sector with both Crest and PSN cutting though
12 month lows recently, PSN back above last autumn's plunge point ATM.

Vistry with much larger exposure to partnerships.

[spectoacc] 08/9/2023 14:09

Definitely going to be a point to buy (average!) the well-run BOOT, but agree things look ropey near-term. Housing finally seems to be rolling over, and a labour govnt ahead to boot (no pun intended).

[essentialinvestor] 08/9/2023 14:01

Breaking down into a lower trading range?, land sales are likely to fall through
the floor over the next couple of years. Gearing modest, fortunately.

[888icb] 19/7/2023 08:08

My Buy this morning at 214.44 has been shown as a sell so I presume that applies to all the other trades which are at that price.

[essentialinvestor] 16/6/2023 15:52

David Gladman continuing to add.

[1tx] 26/5/2023 11:01

Rightly or wrongly I don't think Boot concerns itself about the share market;The company has no need to raise capital and has not as far as I am aware done so since listing;it carries on in its financially prudent way with a very low level of borrowing,reinvesting the larger part of profits.If land sales slow they can pause sales until prices improve without undue problems.The wider Reis/Boot family still control a large number of shares which I think influences the running of the company.

[essentialinvestor] 25/5/2023 13:07

It's a solid enough statement for sure, but the rise in longer term rates weighing
on the market for now.

[spectoacc] 25/5/2023 08:35

Surprisingly upbeat I thought, considering what the latest change in rate expectations may do to the housing market.


"There are encouraging signs within our three key markets, particularly within the I&L and Residential markets, where signs of early momentum are building. The Group remains cautious in light of the current economic environment and expects that activity in 2023 will continue to improve, which will contribute towards 2024 performance and beyond."

[1tx] 25/5/2023 08:32

Decent AGM trading update.Shares are undervalued probably cheaper in real terms than they have been over the many years I have held them when adjusted for NAV etc.

[essentialinvestor] 30/4/2023 18:18

Last week folks

[888icb] 30/4/2023 16:17

I have seen it written up in the Times but it’s not in Today’s Sunday Times Business and Money Section.

[spectoacc] 30/4/2023 14:32

Wasn't this a few weeks ago?

[tole] 30/4/2023 10:55

Henry BootThe Sunday Times This 135-year-old property developer is less well known than some of its listed peers, but it was the first quoted housebuilder when it floated in 1919. The shares have slipped by 31% over the past year as a weak housing market hit land sales, which account for about half of profits. Yet the firm's diverse land bank and robust balance sheet give it strong foundations, and on a p/e of 13 the shares offer long-term value. Buy, 233p

[daneswooddynamo] 13/4/2023 17:31

Been adding in the 220s having sold most in late 2’s , the gearing and director buys give me confidence

[essentialinvestor] 13/4/2023 16:12

Sold a few, I don't know how long buying in the 2.20's and selling in the 2.30's is going to work, but it's the repeating recent pattern.

Could be bid for though, so best to keep some
Or just hold.