Boot (henry) Share Discussion Threads

[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.

[essentialinvestor] 21/3/2023 15:16

Buying under £2.30 has worked recently, however this is better viewed as a longer term
hold. They've keet gearing modest even with the increase in
investments and some rather nicely timed disposals. BOOT has traded well above NAV
previously (at times) but not that type of market ATM or anywhere close. Possibly available under £2 if markets sell off again?.

[spectoacc] 21/3/2023 13:55

Lol. Only soiled when they break ground.

A fan of BOOT, but it's an LTBH.

[essentialinvestor] 21/3/2023 08:40

Very solid given the circumstances, record results and this business has been around for a long time.


My first employment was with Higgs and Hill, a construction company and small house builder HQ'd in New Malden. As the office junior I got all the mundane tasks, one of which was shredding invoices, that was the first time seeing the name Henry Boot which H&H subcontracted some work to. Where have all the years gone, eh.

[essentialinvestor] 17/3/2023 11:53

Yes two positive recent announcements.
Added 2,500 under £2.20. Small purchases
as unsure on wider equity markets atm,
whether the stress seen in parts of the
banking system is a much bigger financial issue yet to unfold - hopefully that's not the case.

[cwa1] 17/3/2023 07:17

Tim Roberts, CEO of Henry Boot PLC, commented: "This disposal demonstrates a robust demand for HLM's strategic land plots from leading housebuilders who recognise the benefits in utilising our team's industry leading expertise in resolving increasingly complex planning matters. HLM's unique masterplanning capabilities have the proven ability to create significant value whilst bringing forward new homes, employment facilities and community spaces in undersupplied areas of the UK."

[essentialinvestor] 14/3/2023 16:09

Added 5,000 a bit over £2.26.
Thought BOOT may be available under £2, may still happen.

[spectoacc] 09/3/2023 07:51

Pillow talk.

[manrobert] 09/3/2023 07:42

so thats why she bought the shares

[manrobert] 02/3/2023 07:23

Wimpy results surprise on the upsize.

[manrobert] 02/3/2023 07:15

ei.thanks a reasonable point of view.

[essentialinvestor] 01/3/2023 19:31

BOOT is usually a later cyclical play and currently the UK housing cycle is still rolling over - PSN outlook today.
I would guess those shares were purchases
with a longer term view in mind.

[manrobert] 01/3/2023 14:17

Directors wife must be wondering why she invested 100k in this share.does she know something we dont?

[manrobert] 09/2/2023 12:44

after all the recent director buying its strange this has gone into reverse.

[manrobert] 02/2/2023 11:33

hopefully tomorrows I.C.will highlight the directors buys earlier this week.they look to be well timed.

[carpingtris] 27/1/2023 20:25

@SpectoAcc - I was nearly right, lol

Shows some faith though :)

[carpingtris] 27/1/2023 20:23

Added a few today myself to bring my average down to £2.61.

[spectoacc] 27/1/2023 20:23

CEO's wife, but yes - nice when it's a decent spend, and isn't just an options exercising.

[carpingtris] 27/1/2023 20:21

Did I read that RNS correctly? CEO buys ~£100k's worth? Nice :)