Boot (henry) Share Discussion Threads

[jamesto2] 06/7/2020 15:15

An undercover reporter has been working at leicester for £4 per hour in poor conditions ..... BOOHOO credibility gone.... 100p

[jamesto2] 06/7/2020 14:35

BREAKING BOOHOO NEWS...POLICE LAUNCH PROBE ... I can confirm packers were paid £3.50p get ready for a sell off! 150p looms

[jamesto2] 06/7/2020 14:32

100p by Friday .. not looking good ... workers speak the truth about this scam company .... STRONG SELL.

[shaker44] 17/6/2020 11:52

Interesting RNs 10/6. Chunky TXN from Cayman islands. Stake building?

[johnsoho] 20/1/2020 10:52

20 January 2020

HENRY BOOT PLC

('the Group')

TRADING UPDATE FOR THE YEAR ENDED 31 DECEMBER 2019

The Board of Henry Boot PLC issues the following trading update for the year ended 31 December 2019 ahead of the preliminary statement of results which will be issued on 31 March 2020.

Against an uncertain political and economic background, the Group has continued to make good strategic progress, adding to its future opportunity pipeline and investing in its people. As a long-term business, Henry Boot is well positioned.

Overall Group performance for 2019 was marginally lower than the Board's original expectations, driven by the successful disposal of the majority of our retail investments during the second half of the year, which reduced rental income. However, these sales, together with other Group activities, mean the Group ended 2019 in a strategically strong position, with higher than expected net cash of circa GBP30m (2018: net debt GBP18m) and with several opportunities identified to re-invest in during 2020.

Hallam Land Management performed exceptionally well, especially given that a large scheme which had been forecast to complete in 2019 did not reach conclusion. As always with these large schemes, there is no certainty that it will conclude in the year ahead, although it has now been moved into our forecasts for 2020.

Henry Boot Developments (HBD) successfully completed The Event Complex Aberdeen (TECA), a GBP333m scheme for Aberdeen Council, which was delivered on time and on budget. During the year, delivery of several strategic employment sites commenced, including Butterfields Business Park in Luton, Airport Business Park Southend and the International Advanced Manufacturing Park in Sunderland. The year on year property valuation for the remainder of the portfolio was slightly up on 2018 and the Group benefitted from valuation uplifts relating to investment property under construction completed in the year.

Trading at Henry Boot Construction held up well, especially given the much-publicised challenges facing the construction market. The Group enters 2020 with a strong committed order book with the added opportunity to capitalise on the small foothold established in the partnership homes market through the acquisition of Starfish Commercial.

Commenting on the performance, Tim Roberts, Chief Executive Officer said:

"We had a good year making strategic progress through investing in both our people and our future pipeline, whilst growing NAV. Looking forward, we have made a good start to the year with a strong balance sheet and further opportunities to add to our property development pipeline and strategic land bank, plus a healthy construction order book."

For further information, please contact:

Henry Boot PLC

Tim Roberts, Chief Executive Officer

Darren Littlewood, Group Finance Director

Tel: [phone]

www.henryboot.co.uk

[carpingtris] 06/11/2019 20:53

Have we a breakout?

[shaker44] 29/10/2019 07:23

No numbers?? Scale etc? Skinny rns if trying to keep shareholders informed.
Maybe more news later from financial journalists...

[cwa1] 29/10/2019 07:09

29 October 2019

Henry Boot PLC

("Henry Boot")

Midlands Joint Venture created to promote strategic site

Henry Boot PLC, a company engaged in land promotion, property investment and development, and construction is pleased to announce that it has entered into a joint venture to pursue a strategic land opportunity in the Midlands as it continues to grow its long-term land pipeline for new residential and commercial development.

Hallam Land Management Limited, a subsidiary of Henry Boot, has entered into a 50/50 joint venture with Harworth Estates Investments Limited ("Harworth"), part of Harworth Group plc, with a view to promoting and developing a mixed-use strategic land opportunity in the Midlands.

John Sutcliffe, Chief Executive Officer of Henry Boot, said:

"This deal represents the continued expansion of our strategic land bank, leveraging the value brought by our regional operating model. We look forward to working with the Harworth team on this new opportunity."

[1hopefultrader] 25/10/2019 06:44

up for the breakout

[carpingtris] 27/9/2019 18:50

Good spike up today?

[carpingtris] 27/9/2019 18:50

Good spike up today?

[carpingtris] 19/9/2019 19:45

Director buy today...

XD day too.

Looking to add more when funds allow.

[shaker44] 10/9/2019 05:31

Good div, strong balance sheet, good esp- what's not to like?! May top up before ex div on 19/9 but already high exposure to the sector. Perhaps sell another in the sector to re invest here....

[cwa1] 23/8/2019 08:09

Results out this morning...

Peel Hunt has upgraded Henry Boot to Buy

[carpingtris] 17/8/2019 20:29

Boot recently got a good write-up in Investors Chronicle Magazine...

[shaker44] 17/8/2019 10:16

Thank you,very interesting article. Henry Boot is seriously under valued and under the radar.
He mentions Telford Homes. For reasons best know to their BoD, they are selling out on the cheap, and many holders will lose money.I suspect the BoD will be taken care of rather well!
I don't see the same happening here. It seems very unlikely that Boot will be sold on the cheap. I certainly hope not.

[rik shaw] 17/8/2019 09:56

Mentioned in this blog post by Tony Yarrow of Wise Funds...

[carpingtris] 19/7/2019 16:41

Any idea what latest RNS is about?

[cwa1] 10/5/2019 09:57

Morning

I see the AGM is on 23/5 in Sheffield. Anyone planning to go and that would be kind enough to post a precis of the mood of the meeting?