Boot (henry) Share Discussion Threads

[essentialinvestor] 10/5/2021 15:01

Relaxation of UK planing laws reportedly will be announced this Thursday.

Boot sitting on a valuable large landbank, some of which takes years to
get the green light for resi development. If press reports are accurate re
planning, this may be a significant medium term boost.

[cwa1] 08/5/2021 16:30

Post 132 EI

[essentialinvestor] 08/5/2021 15:28

May have gone unnoticed - CEO's family buying shares again this week - spouse and son buying shares at the market price.

[cwa1] 07/5/2021 16:32

Well I've taken a few ;-)

[essentialinvestor] 07/5/2021 15:44

As I thought, someone looks to be accumulating.

[essentialinvestor] 07/5/2021 10:42

JLG with an approach yesterday.

Personally I do not want BOOT snapped up before medium term value is realised.

[jurgenklopp] 07/5/2021 07:49

At a slight tangent this morning we have Blackstone making a cash offer for St Modwen which operates in many of the similar space as Henry Boot.

Smaller, high quality companies like BOOT will either do well from good trading results or get snapped up by private equity.

The future looks promising.

;o)

[shaker44] 07/5/2021 07:35

They are certainly very active with very well located strategic site acquisitions. Acceptable rentals and great development potential

[cwa1] 07/5/2021 07:17

Henry Boot announces £5.8 million Manchester acquisition

Henry Boot has purchased a multi-let industrial estate on the edge of Manchester City Centre for £5.8 million, with the price reflecting a net initial yield of 4.1%.

The Group's property development business, HBD, has acquired City Court, a 26,900 sq. ft. industrial estate located on Poland Street in the city's Ancoats neighbourhood, from vendors Urban Splash and Pears Group. The property is fully let to eight tenants, including Ticketmaster UK and Sky Telecommunications Services.

The estate has a low average rent per square foot of under £10 and offers good rental growth and asset management opportunities. In the medium term the Group will also explore the opportunities for a significant urban residential development.

The acquisition will be retained in the Group's investment portfolio and forms a part of Henry Boot's core strategy of targeting industrial and logistics, residential and urban development schemes.

Ed Hutchinson, managing director of HBD, said: "City Court is the latest in a series of strategic acquisitions in 2021 for Henry Boot. The property is situated on a 1.3-acre site which forms part of the Ancoats and New Islington Neighbourhood Development Framework presenting an opportunity for future urban residential development."

[essentialinvestor] 05/5/2021 16:22

Someone paying £2.75 approx on the bid for shares over much of the past
week, even when the quoted price has indicated otherwise.
So it looks like accumulation with minor dips used to shake weak
holders out - just my own view obvs.

[essentialinvestor] 05/5/2021 13:30

Picked by another 2,500 yesterday at 2.68788 - to be precise!.

[daneswooddynamo] 05/5/2021 11:54

Just wishing it was...!

[carpingtris] 05/5/2021 11:46

2000 then! ;)

[daneswooddynamo] 05/5/2021 10:49

Nibbled another 1000 in myself this morning

[daneswooddynamo] 05/5/2021 10:48

Nibbled another 1000 in myself this morning

[jurgenklopp] 05/5/2021 10:31

The wife and daughter of the CEO filling their (Henry) Boots again !!!

An excellent sign that things are well with the company.

[daneswooddynamo] 30/4/2021 12:15

Nibbling the odd thousand in as it drifts a tad

[essentialinvestor] 30/4/2021 11:44

AGM date confirmed for 20 May,
so I expect a trading update to accompany this.

At the risk of reading too much in to recent RNS announcements,
they look increasingly confident in securing future strong progress.

Will have a look back here on the next update.

[essentialinvestor] 29/4/2021 14:09

Usually a trading update around the AGM in May.


Trading XD today.

[daneswooddynamo] 29/4/2021 10:32

Agree with much of that, seems to be a business which is run at 70-80 percent of capacity which is not necessarily a bad thing at all in some areas of construction

[essentialinvestor] 29/4/2021 10:06

Presentation on the IR site worth a read.

Sold my holding in MGNS a few months back, a dreadful decision.
It underscores the potential in this sector.

BOOT and MGNS operate in some different areas but both are conservatively
well managed businesses as their respective long term records show.

[cwa1] 29/4/2021 10:00

Ex dividend this morning, pay day 28/5

[essentialinvestor] 28/4/2021 12:03

Breaking through £2.90 type area it would be very encouraging.

Pre Covid-19 high is well over £3.30.