|Crest Nicholson Holdings
||EPS - Basic
||Market Cap (m)
Crest Nicholson Share Discussion Threads
Showing 2076 to 2095 of 2100 messages
|My TEF isn't shabby
They have already given profit forecasts for two years ahead !|
|Indeed. But I'd hate to miss out on a real short squeeze.|
|Amazing. I've almost talked myself out of this share. Another chunk gone today at 594p.
I really like the company but have convinced myself that the share price run has got ahead of itself.|
|And another chunk gone at 579p. So that takes me back down to the same holding I had the day before the brexit referendum. Crest now out of my top 10 holdings as a result.|
|I've taken a few off the table this afternoon at 584p. Want to build up a cash reserve ahead of the first round of voting in the French election, just in case.|
|So back over £6 if you add in the recent dividend.|
|Yes, 18.5p is quite noticeable isn't it? Dividend yield is one advantage Crest does have over Redrow at the moment, for those interested in comparisons.|
|Yep; divi paid in this morning|
|Well, I cashed in a proportion of my holding at 550p on Wednesday to realise a capital gain for the tax year. I firmly believe that we will see £6 again by March 18 (housebuilding shares traditionally outperform in 1st quarter). Once 30 days are up I might buy back if the share price and ftse level are favourable.|
|Feeling well Edified now TE
When I was at Primary school They taught us that London is the Capital of the World
I still believe that !!|
|Just for your edification Pillion
I know a council contacting landlord in midlands to move tenants out london
My friend in the landlord - several calls were made to him|
London will soon be a Ghost Town|
|Research by Savills reported in Telegraph on Wednesday says 25,000 of 60,000 homes "being constructed" in London last year are still unsold. Number of housing starts in London forecast to fall to 21,500 this year which implies homes built in 2020 will be only 18,000. Forecast completions this year forecast to be a record high of 46,500.|
|Crest cut from overweight to neutral by JP Morgan this morning, whils Redrow upgraded to overweight- it's top pick in the sector. No surprises there then!|
|CRST still my largest then HSTN followed by TEL & HOC|
|I've just taken some profit at 548p. I was hoping for a general sector boost from either RDW or GFRD offering for Bovis, but both have now withdrawn (at least for the time being).
After today's sale I have Crest and Telford neck-and-neck as my biggest portfolio holdings.|
|Has Crest boiled over ?
Have the big boys gone against them because they upped their pay too much ?
Are we in a downward spiral ?
|I agree a lot of disclosed short positions are probably hedging positions against bets elsewhere in the sector or the market (particularly if they are held by "hedge" funds). But companies will still adjust those hedges according to their view on the company/sector/market. So I think it's still worth tracking what's happening in aggregate on any particular company I invest in, because the volumes involved in short-selling relative to average daily volumes are often sufficient (I think) to influence the share price.
So seeing Millennium move from steadily increasing to steadily decreasing would be a bullish sign for the share price in my opinion, and vice versa.
A curious thing about Crest Nicholson is the relatively large shares on loan position. According to Euroclear it averaged 17.6m shares (nearly 7% of the shares in the CREST system) in February and has been between 13m and 21m shares since January 2016.
So although it is possible (perhaps even likely) that some of those shares on loan are not for shorting purposes, I wonder if the declared shorters are really just the tip of the iceberg, in which case a short squeeze could be quite spectacular were it to happen.|
|These short accounts share a trait in common - the majority of them lack any completion|