Crest Nicholson Share Discussion Threads

[dov] 12/9/2018 11:41

the markey clearly thinks so just look at the cahrt over the past 3 year plus

yield of 9% thats a huge danger signal, something has to give so its either a divi cut or the share price will appreciate and reduce that yield i know where my money is on that one.

So yes this is a dog unless of course you think 50% decline in the share price in the last couple of years is not. is not.

[steverabet] 12/9/2018 10:29

thats some in depth reasoned analysis. so a profitable (yes, still) company on e p/e under 6 with a yield of nearly 9% is a dog?

[dov] 12/9/2018 09:48

Make no mistake this share has been I decline for along time now it's going to need some decent news to stop this continued decline

[yamba] 12/9/2018 08:54

Broker noise....tomorrow's fish and chip paper

[horndean eagle] 12/9/2018 08:46

Does look a little overdone but they must have their reasons. Would expect it to recover later. Trading can't be that bad and they are opening divisions out in the regions where house prices and affordability is still very strong. No doubt woodford will by buying at some point.

[yamba] 12/9/2018 08:35

Bought a few more

[yamba] 12/9/2018 08:29

equity salesman get to make two commissions if they can persuade clients to do a switch as opposed to a simple buy / sell....

[yamba] 12/9/2018 08:28

Or could just be that 540 price target too high and playing catch-up. Belated analyst downgrades have sometime produced best buying opportunities (but not always!)

[1gw] 12/9/2018 08:21

Definitely moving against the sector, so company- specific I guess. If not a profit warning coming then maybe someone dumping - Woodford had enough perhaps?

[linton5] 12/9/2018 08:18

Yamba is that why all other builders performing well lol

[dov] 12/9/2018 08:16

looks like the boys in the dark glasses know something in advance about this Dog

[yamba] 12/9/2018 08:16

Federation of master builders skills shortage comments?

[linton5] 12/9/2018 08:12

Must be news due soon on that kind of price action mmmm

[montyhedge] 29/8/2018 12:56

Of course tempted by the dividend as well, lol, covered twice. Ex div 20th September, 11.20p every little helps.

[essentialinvestor] 29/8/2018 12:48

Monty, I'm not sure about these tbh, think something like BDEV or RDW
is 'lower' risk.

[montyhedge] 29/8/2018 12:46

Ess
Just bought a few tuck away, I see a new development starting near us is Crest Nicholson.

[essentialinvestor] 29/8/2018 11:52

Monty, valid, and around Surrey/Se council tax an increasing factor on
on longer term affordability. Council tax increases running at around double earnings.

[montyhedge] 28/8/2018 22:18

Stamp duty I reckon dampened the property market over 1 million.No one can even afford to downsize.

[dov] 24/8/2018 14:29

Looks like Crest returning to its normal pattern of falling heavier than the other builders

[ygor705] 23/8/2018 18:05

Maybe the first signs of a reverse head and shoulders pattern developing on the chart here. Too early to get carried away but certainly worth watching.

[1gw] 21/8/2018 17:16

Crest outperforming the sector today? Blue moon or are we finally going to see some mean reversion?

[rcturner2] 21/8/2018 08:02

I bought in here yesterday.

Seems like a good long term option. Healthy profits and stable dividend.

[stemis] 14/8/2018 17:13

Looks like a share no-one wants. TNAV is 309p