Bovis Homes Share Discussion Threads

[wad collector] 07/1/2020 09:17

I'm quite sure they stand to trouser nothing and have just agreed the merger to honour the company.

[gbh2] 07/1/2020 07:17

Seems to me the Bovis Board have made everything about this move as Vague as possible, makes one wonder what those at the Top have pocked out of all the confusion!

[hirani2] 06/1/2020 20:34

Do GLFRD shareholder who got Bovis shares get this bonus shares and dividend?

[kathyhx1] 06/1/2020 18:20

Even with bonus shares, still won't cover losses from GFRD ?

[strollingmolby] 06/1/2020 14:53

New thread started... Ah! Down another 30p

[grahamburn] 06/1/2020 13:37

Anyone thought of starting a new thread with the correct name?

[dr_smith] 06/1/2020 10:52

Hello you lot. I used to be one of you then sold. I am now one of you lot again via the back door, I think I've been head hunted...as GFRD. ;-)
This morning I see BVS via google finance function returns blank - and the new VTY has kicked in - but still showing "Bovis" as company name - and retaining historical data.
Nice to have clear decks after Brexit/election/year end buy outs etc zzz.
Pre Brexit I sold most of folio except for house builders as growing population on an island has to be good for builders no matter the world politics.
I feel as if a fog has lifted a bit now..so hoping to regain some focus an clarity of what the future holds.
IMO :-)
Dave

[gbh2] 06/1/2020 10:22

IG are terrible with dividends and their front line customer service staff leave much to be desired, if it weren't for their low cost ISA trading I'd be somewhere else!

[gbh2] 06/1/2020 08:33

Still no sign of Bonus shares in my IG account, did you guys have to apply for them or were yours automatically allocated?

[whackford] 04/1/2020 09:05

My bonus shares are in Barclays Smart Investor this morning.

[spcecks] 03/1/2020 16:21

plunger2 Thanks for the information much appreciated.

[gbh2] 03/1/2020 16:04

Thanks EG, I'm with IG, guess if dividends are anything to go by they're usually a day or so late!

[gbh2] 03/1/2020 14:49

Are the Bonus shares an automatic allocation and if so when are they due to show in ones account?

[plunger2] 03/1/2020 14:26

spcecks

We should be getting 3.81 bonus shares for every 100 shares held.
Hence for yesterday's market cap to be maintained one would expect a fall of 3.81% apprx in the share price.
So any movement above or below a minus 3.81% today represents the "real" daily movement.

JMHO

[typo56] 03/1/2020 14:04

dasty1, ex date can be after record date. Ex date is all the matters for entitlement.

[spcecks] 03/1/2020 12:41

How much bonus do we get.

[grahamburn] 03/1/2020 11:48

Just to clarify.... the second interim dividend will NOT be paid on the bonus shares.

See the following extract from 7 November RNS "Acquisition Update" section 8:

Instead of paying the Bovis Homes 2019 final dividend, the Company expects to pay a cash dividend of up to 41 pence per Share in May 2020 to Shareholders on the Company's register of members as at 6.00 p.m. on 27 December 2019 (the "Second Interim Dividend"), whereby the relevant Shareholders (which, for the avoidance of doubt, shall include holders of the Placing Shares but exclude recipients of Consideration Shares and Bonus Issue Shares) shall be entitled to receive their pro rata entitlements to the Second Interim Dividend. The payment date of the Second Interim Dividend is in line with the normal final dividend payment timetable.

[plunger2] 03/1/2020 10:59

EJ - thanks for confirming the .0381. I got that sum right for once!
I think we are also seeing selling by GFRD holders today who don't fancy BVS.
I'll be watching the UT end of day to check buyers appetite.
I remain very hopeful of the new combine - why would Greg Fitz be wasting his time?
So I'm content to be quite patient here: collecting divis and the bonus.

GLA

[highlands] 03/1/2020 10:22

SP now taking into account the bonus share allocation.

[gbh2] 03/1/2020 08:03

I'm still playing catch up here, would someone kindly explain the mechanism for the allocation of shares to existing share holders, did you long term holders have to apply?