Bovis Homes Share Discussion Threads

[wad collector] 28/3/2019 09:01

Xd 38p today

[wad collector] 06/3/2019 19:26

Yes I exaggerate , £13 is still a fair way off , but I think that was an ATH last yr looking at the 21 yr chart at the top of this page.

[dr_smith] 06/3/2019 16:54

Hi Wad. My chart tells me BVS 13% off 52 wk high 13.11 and RDW within 1 % of 651.5 and bdev at 52 wk high, though my use of 52 wk highs is a poor comparitor as that doesn't go back as far as pre brexit highs.

[wad collector] 06/3/2019 16:31

New highs today , the £13 ATH not that far away now. Curious market.

[scrwal] 01/3/2019 14:37

The 57p dividend is just the ordinary one. The 45p special is on top - there are two further payments due Nov 2019+20.

The thing that concerns me about the dividend is that the cover is supposed to be 2x by 2020 but current eps is only 101.6p so if that isn't improved enough there is going to be a cut in 2020. However if there is an extra £70M from the balance sheet optimisation then I would want this paid out as dividends over 3/4 years which would negate any deficiencies arising with the 2x cover.

[wad collector] 01/3/2019 10:18

Less than a day with the advantage of hindsight!
Just trying to work out if the total dividend for the yr includes the 47p special dividend. Paying out the whole of the profits on the dividend ought to be popular with the funds.
The profit increase seems to be all about the margins improving hugely. Happy to hold , even if Help To Buy is temporary.

[rafieh] 28/2/2019 09:16

This can get to 1125 in less than a week.

[rafieh] 28/2/2019 08:13

I expected a better reaction from the market. It may still come later in the day or tomorrow.

[eggbaconandbubble] 28/2/2019 07:15

At the first glance those results look very good.

[podgyted] 26/2/2019 13:28

Think you'll find it's more Brexit related.

[wad collector] 26/2/2019 12:47

Persimmon results seem to be pushing up the price here today. Still way off last yr's £13 peak.

[minerve] 20/1/2019 12:28

Monkey House = Houses of Parliament

CORRECT!

Bulk load of bananas please!

[podgyted] 20/1/2019 12:25

Monkey House = Houses of Parliament

[wad collector] 18/1/2019 09:07

It is almost as if BVS are not taking much notice of the Brexit doom and gloom.
Bricks and mortar?

[dr_smith] 16/1/2019 11:03

Yes...
" slightly ahead of market consensus." is same as recently reporting peers, so I reckon that's half of todays 5.5% increase, the other half the decisive Brexit indecision.

Who are you calling a monkey?
Gota go, me and me mates are re-writing Shakespeare. ;-)

[podgyted] 16/1/2019 09:02

"Following the successful implementation of operational improvements across all areas of the business during the past 18 months, the Group expects to deliver a significant step-up in operating margin for 2018, with profits for the year expected to be slightly ahead of market consensus."

Getting its mojo back.

Over to the monkey house.

[podgyted] 16/1/2019 07:22

Looking good.

[ball deap] 17/12/2018 00:45

Hi Wad Collector,

let’s face it Labour will get in next time because of the tories bungled brexit.

Anyway, Look what wonderful things Sadiq Khan a Labour hard man has gifted to London, it’s safe and property prices are going to go up like a bomb once Jeremy Corbyn gets in it’s obvious.

[wad collector] 13/12/2018 08:50

Informed wisdom seems to be that the housebuilder shares are depressed by the expectation of a Brexit powered house price decline and general economic downturn.
However , there seem a number of guesses involved in that conclusion. Not enough to convince me to take smaller profits.

[davemac3] 25/11/2018 20:38

thought they sorted that problem out

The Group's improved operating performance including the transformation of our customer service and step change in build processes and quality is driving a significant improvement in our financial performance
LOL

[wad collector] 22/11/2018 22:58

The housing market is a bit fragile , and as you point out , vulnerable to a Labour win, interest rates and Brexit. But...supposing Labour fail again , the interest rates stay where they have been for yrs , and Brexit turns out to be a damp squib...this may remain very cash generative.
That said , wish I had bailed out at £13...