Countryside Partnerships Share Discussion Threads

[netcurtains] 09/7/2020 07:27

Eaglebeagle. Dont heap the source on me. Dont take my word for it. Its in the newspapers 2m rule was specifically relaxed to 1m. I hate that when people try to make out the information comes from me: Just read the papers: I'm not correct or incorrect - the PAPERS are correct or incorrect. Its absolutely nothing to do with me. Https://www.housingtoday.co.uk/news/construction-chief-says-housebuilders-to-benefit-most-from-1m-plus-rule/5106667.article

[eaglebeagle] 08/7/2020 23:19

Net, I’m very happy if you’re correct

[netcurtains] 08/7/2020 19:48

Eaglebeagle: You do know the news? The 2m rule was relaxed to 1m four days ago. The Stamp Duty is icing on the cake. :-) Rightmove report 22% increase in traffic immediately after chancellors speech. Https://www.theguardian.com/business/2020/jul/08/stamp-duty-holiday-revive-housing-market-summer-statement-property

[eaglebeagle] 08/7/2020 18:55

Demand might be there but what about the ability to supply?

[netcurtains] 08/7/2020 18:15

Saw various director dealings connected with property companies today so perhaps its being called as a sort of bottom-ish?

[netcurtains] 08/7/2020 13:27

I'm back in. Abolishing Stamp Duty for houses under 500K should start to get houses moving again!!!

[buywell3] 26/6/2020 22:57

270p retest looks likely soon IMO as the Chart weakens once more Continued weakness in markets for say 6 to 8 weeks if the USA markets drop shows 230p support could be tested However if the FTSE slides below say 5000 to 4500 perhaps , then 200p looks IMO likely, even 175p or say a 50% fall from today Convergence of the two red top and bottom trend lines free stock charts from uk.advfn.com dyor

[buywell3] 26/6/2020 22:53

Building shares and companies like INTU and PURP and CWD have given an indication of what is to come. Yes there are some big Insti Holders here But so what It is they that are now locked into deteriorating sector --- holding large % holdings that they will, after INTU have difficulty shifting IMO. buywell has previously said this: buywell3 - 14 May 2020 - 21:43:41 - 114 of 122 CSP with Charts & News - CSP 300p hit as thought The WHO are now saying a Covid-19 vaccine may never be found like HIV It is here to stay No U shaped recovery buyywell believes We have entered a minimum 24 month bear market IMO with a 50% loss from the peak Possibly 36 months until herd immunity is reached ie 50% of world population has had it. This happened in the last virus pandemic 1918 to 1919 Spanish Flu. htTps://www.thebalance.com/u-s-stock-bear-markets-and-their-subsequent-recoveries-2388520 Target here 200p IMO Property is in for a hard time over the next 24 months plus IMO dyor buywell3 - 14 May 2020 - 08:07:53 - 107 of 122 CSP with Charts & News - CSP Dropping now though Queue forming as punters leave stage right 300p today ?? IMO dyor

[netcurtains] 03/6/2020 07:59

In case you missed it this was the good news: HTtps://www.building.co.uk/news/countryside-says-it-will-reopen-80-of-sites/5105908.article (I have a personal target of about 350 to 400 - but I can wait).

[netcurtains] 02/6/2020 12:51

House builders are a unloved sector? Check House builders are over sold? Check Houses will still be needed big time? Check Country coming back to work post lock-down? Check Big government spending due on house building? Check Recent Director Buys? Check British Bull Trading signals BUY? Check

[netcurtains] 02/6/2020 12:25

Could someone tell me why this rose so suddenly to 550p? Just looking at the chart (if 550p is reasonable price) then 350p has to be quite doable in covid world. We still need loads and loads of houses - if gets to 350p then who knows where to next.

[netcurtains] 27/5/2020 09:01

In this mini bull run where do you think it will peak? Any ideas?

[sif12] 19/5/2020 09:15

Dont think you can fault the management here, but as i mentioned earlier in terms of numbers at best theyll match revenue from first half meaning 16 pence. i think More realistically theyll get to 12 pence total. assuming no further waves of c19. And yes if we're considering forward look lets say they can get to 8 pence for first half 20/21 and 12 pence for second half? at 20 pence even if you apply a forward PE of 10.. you still only get to a share price of 200. Factor in buyers will be looking for discounts. So maybe worth holding for now, but as a new entry price Id be looking for 150-200.

[silkstag] 18/5/2020 13:45

Rampaging losses and negative cashflow, not priced in. Build costs are now 30% up and slower. Value of development land plummeting. Sale prices under attack as multiple unsold units. Customers can smell blood so will demand big discounts. Target share price downgrade to 185p is inevitable imho. DYOR.

[buywell3] 14/5/2020 21:43

300p hit as thought The WHO are now saying a Covid-19 vaccine may never be found like HIV It is here to stay No U shaped recovery buyywell believes We have entered a minimum 24 month bear market IMO with a 50% loss from the peak Possibly 36 months until herd immunity is reached ie 50% of world population has had it. This happened in the last virus pandemic 1918 to 1919 Spanish Flu. htTps://www.thebalance.com/u-s-stock-bear-markets-and-their-subsequent-recoveries-2388520 Target here 200p IMO Property is in for a hard time over the next 24 months plus IMO dyor

[sif12] 14/5/2020 14:34

Minerve, job losses are the short term direct impact. a prolonged recession will effect most. Additionally they build homes for £200k to £1m. and with exposure in central london. finally, in terms of pricing in- the market for the last few weeks seemed to have recovered on the basis of the V shaped recovery.. its now looking like a u shaped recovery.. i dont believe its all priced in.

[minerve 2] 14/5/2020 14:23

The market is generally forward looking so I would expect April's and May's performance is now already discounted in the current share price I think you will be very lucky to see 130-150 pence going forward because I don't think the demographic being impacted the worst by job losses are generally direct buyers of Countryside homes.

[sif12] 14/5/2020 13:17

Having a brief look over the numbers. although the order book is strong, I doubt how many buyers will want to/ are in a position to complete if they are financially stressed- plus also take into the significant delays to complete builds whilst abiding by distancing requirements, meaning completion being pushed out. But the key financial that stood out for me, was the the half year profit was 8 pence , 9 pence adjusted. So even if the second half does as well, earnings will be 19 pence full year. Bear in mind, only March's impact led to the 40% decline in earnings from H1 2019. so with April and May knocking figures plus a slow return over the proceeding months.. I question whether they will turn a profit at all in H2, but at best likely to be, what 50% of H1 performance= total Year earnings of 13-15pence? Put a pretty generous Pe of 10 on it, especially in light of the significant prolonged recession and we're looking at an share price of 130-150 pence.. this is the price Id be looking at an entry. Please do feel free to debate any of the points above.

[silkstag] 14/5/2020 10:45

Arai, pleased to hear you made a nice quick gain on CSP. ADVFN is a family. -15.4% = -57p this morning is a good start to the required -50% = -185p repricing imho

[arai] 14/5/2020 09:40

Joined you on your shorting journey this morning, SS, thank you, just closed now to get back some of my IAG losses.

[silkstag] 14/5/2020 08:33

-9% by 830am is a solid start to the -50% required repricing imho. dyor.

[buywell3] 14/5/2020 08:07

Dropping now though Queue forming as punters leave stage right 300p today ?? IMO dyor

[buywell3] 14/5/2020 08:04

You won't be buying then Not dropped much has it Would have thought 300p was a given if you are correct Probably today IMO dyor

[silkstag] 14/5/2020 07:56

lost £29m profit just from 2 weeks lockdown. extra £89m of debt from 2 bad weeks. bloodbath April to June quarter. huge downward price adjustment required of 185p = 50%. Profit will flip to huge losses and spiralling debt. All imho. DYOR