Bovis Homes Share Discussion Threads

[wad collector] 08/5/2018 15:39

Unexpectedly large drop but not hitting the share price today; onwards and upwards.

[bones30] 08/5/2018 09:03

UK house prices drop 3.1% in April — Halifax

[wad collector] 20/4/2018 08:40

Perhaps because it is not really news , but the re-hash of an old story? Like most of us I no longer read "News"papers. A quick eyeball of the online version looks like the protest group have got themselves some column inches again.
The more relevant Q is whether BVS are worse than the others.
I wondered about taking some profits , but if the 110p EPS broker guesses are right for next year , they may still have a fair bit of upwards motion yet. And the specials of course...

[grahamburn] 19/4/2018 12:42

Strange situation, indeed, EJ on the day that The Times lead story attempts a "demolition job" (if that's the right phrase for a housebuilder!) on the company's reputation. Doesn't make pleasant reading, though sense it's a throwback to the issues of both poor initial quality and even worse remedial work a year or so ago which are still clearly rumbling on.

[wad collector] 11/4/2018 09:45

Just realised that the annual report that came out on Monday contains a fair bit of new information including performance in Jan Feb and more detail on dividend policy.

[wad collector] 29/3/2018 15:54

Advfn presumably wrong
01 Mar 2018 Final GBX 32.50 31/12/2016 31/12/2017 02/04/2018 03/04/2018 25/05/2018

Whilst Bovis themselves (who presumably know)

Final - May, 2018
32.50
29/03/2018
03/04/2018
25/05/2018

I am pleased ; 32.5p a share richer than I thought!

[mikealig] 29/3/2018 10:07

I have xd date as today. 32.5p to be paid on 5th May so up in real terms which makes sense.

[wad collector] 29/3/2018 08:59

Ah , I see you were quoting someone else , apologies.
Was hoping today's opening drop was xd , but not til next week.

[tradejunkie2] 15/3/2018 16:56

wad collector, l havent bought a house from these shed builders lol

[firtashia] 09/3/2018 17:37

Erogenous- the reason I'm hoping £12 will eventually be breached is that BVS has been in an earnings upgrade cycle and FY18 and FY19 forecast earnings have again been revised upwards following the recent results. Hopefully this will continue onwards. I also put a lot of faith in Greg Fitzgerald and view his purchase of £100k's worth of shares as a positive. People may scoff at the relatively small purchase given he is a very rich man, but I don't think the rich trade or take wild punts on stock. I'm sure he didn't come out of retirement because he was bored, he obviously has a desire to achieve something with BVS. Of course, the short term link between share price momentum and earnings momentum is more tenuous with large companies that have significant II following -fund managers have all sorts of reasons for selling and depressing the share price- but as Buffet said: "In the long run, if the company is growing and earning money, the stock will follow". . Given the dividend payments I'm happy to bide my time too. BWDIK. Good luck if you hold here.

[dr_smith] 05/3/2018 11:01

I am guessing/hoping that these days the big builders don't sit on consented land, aside from say a 2 year pipeline wait required/constrained by resources of labour and materials.

I am concerned that the government pressure for a surge in building now, means training up an increased workforce, and investment for increased production of materials.
This will firstly mean that more builders will be fighting for limited resources, pushing build costs up.

Then,once extra workforce/resources are facilitated and short supply appeased, we will have labour force/sub contractors laid off and slump in demand for materials from the enhanced supply chain.
So fostering boom and bust, the very thing the economy can do without.
What is the mantra "Strong and stable"?
It don't sound too stable to me.

IMO :-)

[grahamburn] 05/3/2018 10:35

Price action today may be due to the RNS that Fitzgerald has bought 8,000+ shares.

[wad collector] 05/3/2018 09:42

"Construction firms which have been slow to build new homes could be refused planning permission in future under a shake-up to be unveiled by Theresa May.

The PM will tell developers to "step up and do their bit", warning that sitting on land as its value rises is not on at a time of chronic housing need."

I thought this would have a negative impact on share price this am but the contrary is happening , up 60p so far. Perhaps it is also the pressure on local councils to speed up the processes.

[minerve] 05/3/2018 09:28

Another Melrose loser! ROFLMAO

Everything was going swimmingly well until Dana came along! LOL

Yertiz, just accept you are a novice and others are more experienced and more successful than you - and we also can keep and maintain our values! ;)

[yertiz] 05/3/2018 09:04

Grahamburn - I just use the filter and deprive the poster of his soapbox. He is an obscene individual who seems filled with bile and malevolence against honest investors - obviously scarred from previous losses and doesn't understand the concept of legitimately making a profit by sound investment in the market.

[minerve] 02/3/2018 17:56

Touchy! Must be Melrose.

They still might come back with a higher offer. Might put you in a better mood.

[grahamburn] 02/3/2018 17:43

Minerve

Not worth responding - but I will (just once).

You do not have any information on which shares are in my portfolio. Please do not make any assumptions - because so far those which you have made are incorrect.

Any comments you have seen by me about your comments relate solely to your inability to make coherent comments on any of the boards where our paths cross.

[wad collector] 02/3/2018 16:32

Tradejunkie , I bought shares in BVS that I am pleased with. You bought a house from BVS that you are not pleased with. Who is the twit?

[minerve] 02/3/2018 15:44

shaker44

"As far as Post 1420 goes, many investors lobbied for the old ceo to be fired, and others bought in when the new ceo was appointed to sort out the problems. it is not correct to suggest all shareholders are disinterested in customer satisfaction.
That would be very short sighted"

That is good to hear. Yes, you can't paint all with the same brush. But 20 years of watching shareholder behaviour leads me to the comments that I make and apathy/ignorance is endemic everywhere I look. Especially where personal gain is involved.

Ignore grahamburn. He is just upset that his Melrose shares are falling because his little cushy gain with the GKN takeover bid is looking less likely! LOL

Have a good weekend.

[tradejunkie2] 02/3/2018 15:38

@wad collector - twit!

[grahamburn] 02/3/2018 15:29

Don't worry about Minerve - he's well known elsewhere for believing everything about the investment community and capitalism is tainted.

It goes without saying that a company which disregards its customers will, in the end, displease its shareholders. Their interests ultimately align, so Minerve doesn't make much sense!

[shaker44] 02/3/2018 14:19

Of course it didnt go unnoticed that the ceo proudly claimed 80% of customers satisfied. But 20% dissatisfied-wow!!! Much more work to do. They should target 95% satisfied in my view, as a minimum.
As far as Post 1420 goes, many investors lobbied for the old ceo to be fired, and others bought in when the new ceo was appointed to sort out the problems. it is not correct to suggest all shareholders are disinterested in customer satisfaction.
That would be very short sighted

[wad collector] 02/3/2018 14:05

The money will only be made if the customers are satisfied; plenty of alternative builders. BVS has certainly slipped in the HBF customer satisfaction surveys , but such surveys can be hijacked. Our business had one angry customer who filled the anonymous satisfaction surveys with multiple listings. Mind you , it can be very frustrating to complain to a large business.