Boot (henry) Share Discussion Threads

[hazl] 16/10/2024 15:10

Good old reliable BOOT!

[kneecaps2] 16/10/2024 06:35

BOOOOOOOOT have been listening to you! Amazing announcement this morning.

[hazl] 15/10/2024 07:15

Come on BOOT put your best foot forward!

[hazl] 07/10/2024 06:35

In September 2024 ....


The sale resulted in an ungeared internal rate of return of 19.4% p.a., with payment phased over 2024 and 2025 including significant recovery of costs for infrastructure works. It represents further progress in Hallam achieving its annual sales target of 3,000 plots and will contribute towards the group’s 2024 financial performance.

[hazl] 02/10/2024 08:36

A refresher at their efficient workings.

[fidra] 27/9/2024 19:59

A few rather large trades showing up.not sure if they were yesterday or today approx 1.4m

[hazl] 25/9/2024 09:42

Watch the video where the CEO enthuses.


Post
Conversation
Henry Boot
@HenryBootPLC
Hear more about today’s half-year results from CEO Tim Roberts as he reflects on the improvements we’ve seen in our key markets and how we remain on-track to perform in line with market expectations for the full year. Watch the video below👇
#HenryBoot #Financialresults

[hazl] 23/9/2024 13:42

But good news for us?

[hazl] 23/9/2024 13:38

By ...Greg Pitcher
Residential property values in Yorkshire and Humber are forecast to increase at double the rate of London.

Above.

[hazl] 23/9/2024 13:14

In fact there are loads of articles on H BOOT!

[hazl] 23/9/2024 13:10

Marginally shaker but see the 'bowl' that formed subsequently?
A very good sign in my book, especially after the 'W' in the chart, that got me interested in looking at the fundamentals.

imo

[shaker45] 23/9/2024 07:32

Below where it was mid July

[hazl] 23/9/2024 07:08

The share has been in a rising trajectory since about April.
So I think the market approves!

Let's see.

This company has a lot of miles under it's belt so hopefully can continue to assess the changing environment.

[essentialinvestor] 22/9/2024 22:01

..what doesn't the market like..

I would guess the market wants full details on planning changes to come.

Will some land be compulsory purchased at below market rates, etc.

I'm working on the basis that changes will be a net positive, hopefully that's a valid assumption.

[hazl] 22/9/2024 17:54

That sounds very upbeat to me.

It is only the general stock market and and economic and political problems we have to worry about!

As a company though they seem to have coped well in the economic climate. IMO

[hazl] 22/9/2024 17:51

I disagree with your statement EI. They have said they think that things will pick up later in the year.

'we expect 2024 to be heavily weighted towards the second half.'

'

Tim Roberts, Chief Executive Officer, commented:



'During the first half of the year we have started to see an improvement in our markets and this together with our focus on prime land and development, plus premium homes has helped us to achieve relatively strong property sales. The lower forward sales with which we started the year has affected our first half financial performance and as flagged at the time of our 2023 results, we expect 2024 to be heavily weighted towards the second half. With 81% of budgeted sales already completed, exchanged or reserved, we remain on track to perform in line with market expectations for the full year. Furthermore, we remain confident in our key markets, and have significant latent value in our development and land portfolio which is held at cost, as well as plenty of opportunity to grow in order to meet our stated medium term targets. This together with our rock solid balance sheet underpins our decision to raise the interim dividend by 5%.'

[shaker45] 20/9/2024 12:07

This seems so undervalued to me. Land bank value will only appreciate. Management skilled and experienced at prepping 'ovenready' site packages. Other aspects in portfolio low risk. What doesn't the market like?

[ih_538656] 20/9/2024 11:55

Fwiw I've listened to the conference call and the future sounds positive re planning changes for their land business.

Q4 is often the weakest for this sector,
so hopefully can add lower down - this year may be different, etc.

[hazl] 18/9/2024 17:06

When it does better, the Dow, that is, I would expect better gains again here, though we have done very well in the last little while.

[hazl] 18/9/2024 17:05

Shame that the Dow couldn't rise to the occasion.
However it helped the mining shares, gold in particular.


IMO

[hazl] 18/9/2024 12:05

Well premarket DOW looks positive so if that continues, it might lift the market this afternoon....and BOOT!

[hazl] 17/9/2024 14:55

Well I am happy with my entry since June but I like the ethos of the company.