Civitas Social Housing Share Discussion Threads

[shiftytherat] 12/12/2022 12:49

Spoole5 - you are correct. most people don't trust CSH anymore, and for good reason.

[spectoacc] 07/12/2022 18:33

CSH do at least provide social housing - compare their (or their tenants') ratio of employees to beds to HOME's.

HOME is a dubious business model IMO, CSH less so - albeit many of the shorter's allegations against them were true (directors setting up co's outside of CSH).

[catch007] 07/12/2022 18:07

SP will muddle along I suspect until more comfort with the sector in general. Home opening up bags of worms after CSH itself having to defend its own shorting attack. Social housing is an essential need in todays society so just have to be patient and take the dividend income.

[spoole5] 07/12/2022 16:48

I think CSH could announce they have found gold underneath all their properties and the share price wouldn't rise.

[williamcooper104] 06/12/2022 12:20

HOMEs management is not going to win any awards; other than for spending money quickly of course But that can be fixed much easier than a balance sheet can be

[wskill] 06/12/2022 11:55

Not for me William HOME quality of property stock is not where I want to put my hard earned cash ,Did buy a good few with the fall to 48p with the view of holding long term managed to sell at a small profit after reading the blog of Specs investigations ,Management at HOME is very poor indeed I will give it a wide berth until they are removed.

[williamcooper104] 06/12/2022 11:42

HOMEs better value Bigger discounts to GAV, and far far better balance sheet

[wskill] 06/12/2022 10:58

Happy that my near 9% yield is safe plus a decent update we are on the right track, managements previous shenanigans'are well in the past and unlikely to be repeated in the future.We can thank muddy waters for bringing it to our attention at least.

[williamcooper104] 06/12/2022 09:11

Indeed At least they seem to know what their EPCs are - unlike some

[alanpro1] 06/12/2022 08:39

"As part of the wider ambition to meet the 'net-zero-carbon' challenge by 2050, social housing providers have been set a target to attain a C rating on Energy Performance Certificates by 2035."??? Typo

[spectoacc] 06/12/2022 08:14

Lol @Williamscooper104.

Interesting to see EPC comment:

"The proportion of properties with EPC Rating A-C is currently c.53%.."

"Clean Energy Strategy to achieve minimum EPC "A-C" prior to the Government target of 2035"

2025, surely? Let's hope that's the only typo.

Interesting to see where they've settled post-bear revelations.

[wllmherk] 06/12/2022 07:22

Looks very positive to me, but, given up guessing how the market will react. In here for the dividend.

wllm :)

[saltaire111] 05/12/2022 18:43

Update tomorrow. Let’s hope there’s some positive news.

[williamcooper104] 02/12/2022 10:01

HOME have got cash; maybe they could buy some of CSHs assets And then you know CSH could buy some of HOMEs

[alanpro1] 02/12/2022 09:56

This email confirms to me the BOD are serious about shareholder concern and are active in doing so:"whether via share buy-backs and/or sale of properties. The Board controls such matters and some months ago instructed the Manager to identify a series of assets for potential sale".If the market for CSH stock is not valuing its assets, then the real world should.

[shiftytherat] 30/11/2022 18:59

The political environment is challenging for.. this sort of thing.

[george stobart] 30/11/2022 16:21

is this ponzi heading to £0?

[shiftytherat] 30/11/2022 16:10

This is going to work out well. :-|

[spoole5] 30/11/2022 11:35

Getting dragged down with HOME

[saltaire111] 25/11/2022 12:55

L&G or someone else is going to buy this on the cheap if it drops much further.

Salty

[spoole5] 16/11/2022 08:43

Last chance to get the 1.42 divi today

[wskill] 15/11/2022 13:43

Happy to double up my holding anyway if its good enough for LGEN then its good enough for me.

[spoole5] 15/11/2022 09:00

Obviously some issues here but more than reflected in the price imo.