Countryside Partnerships Share Discussion Threads

[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

[silkstag] 12/5/2020 11:57

1.5 days to CSP dire market review 7am 14 May in its 1 month late first half numbers to 31 March 2020. Order book and viewings must have collapsed. Q3 (Apr-Jun) is already half slaughtered and will not improve. Q4 will be dire at best. Massive hidden losses already doomed to be incurred. Share is 125p (33%) over valued. MANDATORY SELL. All imho. DYOR.

[easwarareddy] 07/5/2020 10:10

Cobr cobra resources get in quick... should see past 4p today. Gold stock with news predicted to see us past 20p. The numbers are massive. Tiny mcap. Might be hard buying in. Hardly any free float. Buy before news imo. News should launch it.

[silkstag] 07/5/2020 10:09

Funding and trading problems being drip fed out. Could get ugly on 14 May.

[silkstag] 06/5/2020 16:59

Half year results to 31-3-2020 now due 14 May - almost a month later than H1 2019. Lets see what they have to say about order book, reservations rate, completions (only March harmed), net debt. Share price shot up 100p in past month and I expect that 100p to disappear over the next month. Not CSP management fault. I doubt home counties families are in the mood for viewings, the biggest asset spend of their life and paying top dollar. Grim 12 months ahead for CSP. Not yet priced in. All imho. DYOR.

[grabster] 06/5/2020 13:35

SS - I'm guessing they wanted to incorporate mention of their Salford jv with Sigma, alongside the results, which they now can? In which case no excuse for further delay.

[silkstag] 04/5/2020 10:52

H1 numbers are 18 days late.

[silkstag] 08/4/2020 11:10

Couutryside and Millgate may need to put half-built and completed flats and houses in mothballs for a year. Property research by Savills confirms transactions have collapsed - no surprise. Maybe time to sell and forget about CSP for a year.

[npp62] 27/3/2020 08:25

Be nice to see the Directors buying back the shares they sold in January and February. That would give some confidence going forward. But with the virus holding things back it's understandable. Hopefully it'll be behind us in the next couple of months.

[new_buyer] 15/3/2020 13:42

Doesn't seem to be!!

[npp62] 05/3/2020 23:05

Hellloooo! Anyone in here??!

[olliemagern] 23/1/2020 10:56

With the modular factory now fully operational completions will accelerate throughout the year. A second factory in 2021 will continue CSP's sector leading growth over the next three years. Good to see a successful British solid growth company, Britain at its best.

[podgyted] 23/1/2020 07:56

Good Q1 update - everything on track.

[bogdan branislov] 13/12/2019 15:13

Can't be specific, I think that awareness of CSP and the attractions of its partnership business model has been steadily growing over the past year, the fact that Woodford offloaded easily without a price dive suggested a lot of underlying support and interest in CSP. Last but not least, many if not most private investors have been hanging back in cash until after the election, they are now buying in, CSP is at the top of a lot of private investors' buy lists, this should go on for weeks, not quite like today obviously, but more steady gains to come I suspect. Whilst the right thing to do was to stay invested during the election, the next best things is to build a position now asap. But investors don't tend to think like that, they don't like to buy straight after a 5% or 10% gain, so they wait for a dip, they feel better buying into a dip even if the wait for the dip takes a while and they end up paying more by waiting. Consequently, every short dip in CSP's share price will likely be followed by aggressive buying, probably well into the new year. If you had the foresight to spot CSP's value before now and the patience and fortitude to sit tight during the politcal and market uncertainty, then you have earned your gains, they are fully deserved, don't sell yourself short by selling too quickly. I have this suspicion that CSP will become a popular highly priced stock in time, at this point I will exit of course. I will no doubt top slice a little when we reach a fair price, perhaps 70% up from where we are now - i.e. about 70% up from the current price of c465p, but I will allow a portion of my holding to run on onto more expensive territory - probably well over 1,000p, before exiting fully. Bogdan

[eaglebeagle] 08/12/2019 19:44

Woodford held 15% of the shares, the overhand of sales has cleared I believe

[podgyted] 08/12/2019 15:45

Other than the possibility that the market has woken up, finally, to the attractions of CSP is anyone aware of anything else driving the current share price increases?

[bogdan branislov] 21/11/2019 13:30

minerve - just as background, over the past 10.5 years my SIPP is 11x up, c26% average annual growth compounding, so I am no investing numpty. You say it is indefensible. CSP have their way of calculating ROCE, they say there is no standard way, that it is not a statutory or absolutely defined method. On this CSP are correct, but I happen to disagree with them, I think that they should use the standardised approach that most others adopt. But CSP are not trying to deceive here, they are quite open about their approach. My company analysis is now very thorough, not much now tends to get past me. I could find some fault with every listed company. When I discuss a company, even one where I have a multiple six figure holding such as CSP, I like to post objectively, a warts and all approach, not just using the platform to promote in a one sided way. A key skill in investing is knowing what to overlook, if I chose to overlook nothing, I would invest in nothing. If any of the statutory figures were incorrect, that would be very difficult to hide from me, there is nearly always a trail, a crossover into different parts of the financial statements. CSP is a strong company, the statutory reporting solid, the business model protectively positioned and the growth prospects look excellent. CSP is a very low risk business for investors, with considerable upside potential. If you want to go safer than CSP then you need to research for the best building society account, don't hod you breath for the upside there though!

[shallwe] 21/11/2019 10:07

Can't argue with your appraisal.Even the directorate change should be considered neutral. Ian Sutcliffe is a very hard act to follow, but Iain MacPherson is as good as, and likely to be even better in the long run.