Bovis Homes Share Discussion Threads

[firtashia] 06/11/2017 12:46

Anyone manage to average down at 12p earlier today, lol

[samuelcafc] 01/11/2017 16:25

Sold the half that I bought just after brexit. Nice returns :)

[dr_smith] 01/11/2017 16:20

I had to ask my symbiotic friend to google commensalism for me..just hope it's not confused with cannibalism. ;-)

[dr_smith] 01/11/2017 15:25

Personally I don't see it as too important if stamp duty loaded on buyer or seller.
Even with eased pro rata deal > £250k, as you say it is killing house moves as a whole, most acutely for the higher priced homes, with London the biggest hit.
For gov't (and all) they will get more tax by having low duty and normal turnover than higher duty with low volume moves.
Then there are gains from the bigger picture, a mobile flexible work force to enable businesses to be more competitive with rest of europe and a world economy.

It is all very complex, best explained in this video (jump in around 1 min 40 secs if in a hurry) where the £1.5m+ 12% stamp duty candidate makes an appearance.



Did I make you smile?

[dr_smith] 01/11/2017 09:31

EJ - I corrrecly spotted a peak 8/9/17 and sold most at 11.40, expecting a short term correction to buy back in in.. but.. you know the rest.
I do see a short term correction in builders as all good stuff is priced in, no positive surprises, so not atttractive for short termers.. but Uk still needs way more houses and interest rates going up a piddling amount won't change that. I believe this sector still has waaaay to go for long term term holder.
I know of nowhere else, apart from technology based which is destined for substantial growth - but that comes with many inherent risks.IMO :-)

[wad collector] 24/10/2017 18:24

The demand is there , the housing "shortage" is there, there is cheap money about (albeit too available ) .Even if the H2B scheme disappears , the housebuilding industry looks well placed to build. Whether BVS is organised enough and popular enough to prosper is a different question....
I am happy to hold here and happy to buy back if the price does fall back.

[shaker44] 24/10/2017 02:40

Government seems to be leaning towards more help for first-time buyers. I am hopeful that the Autumn budget will be good for builders.
But as Rothschild famously said, you never get poor taking a profit....

[shaker44] 20/10/2017 16:16

May want to look at Uanc then, ahead of results/update 27/10 I believe. Dyor

[wad collector] 20/10/2017 15:49

Finally hit that 1203 target. Made some bad choices recently , was that another?

[wad collector] 11/10/2017 14:54

Nice rise today , decided to top slice some if they reach £12. Seems good chance of another fall soon looking at the volatility.

[wad collector] 08/9/2017 07:58

That's clear then!

[the_equaliser] 07/9/2017 18:29

I am in agreement, i didnt not see anything good to be honest Bdev had better resukts and went down lols

[davemac3] 07/9/2017 10:51

re 1375
yes about £1 per year in divis over next 3 years.

[deadly] 07/9/2017 09:19

Bizarre that the market likes these results but not those of BDEV yesterday which were better in terms of profits rise ect.

[shaker44] 07/9/2017 07:34

Thanks wad. I just read profits down and dividend flat so wondered why up 7%. You have coloured in some pieces.
Been a nice recovery play for me since they dumped the useless CEO at beginning of the year.

[wad collector] 07/9/2017 07:18

Some bits of the results have excited the market this morning ;
"-- Board to recommend 5% increase in ordinary dividend in 2017 to 47.5p with a further 20% increase in 2018 to c.57p, demonstrating its confidence in the business and the strong outlook

-- Special dividends totalling GBP180m equivalent to c.134 pence per share to be paid over three years to 2020

-- Group will continue to be strongly cash generative and the Board is committed to reviewing further capacity for returns to shareholders over time"


Though reduced profit in line with expectations is more tempering.

[wad collector] 05/9/2017 08:36

Continued rise pre-results ; are we in for some good news on Thursday?

[wad collector] 24/8/2017 14:36

I do like the way this share price is heading , I have a habit of selling too soon but this is one that I think still has a long way to go.
4.4% yield covered twice .
Results in 2 weeks will be interesting. I like it when the share price rises ahead of results , unlike most of my holdings recently.

[nwb] 14/8/2017 15:08

I was expecting interim results today - cant see anything ?