Crest Nicholson Share Discussion Threads

[orinocor] 17/10/2018 07:24

Probably. If you assume things were OK for the 1st 6 months then it looks like trading has fallen off a cliff in the 2nd half. What's next year going to be like?

[jonwig] 17/10/2018 07:09

T S brought out early:



PBT guidance reduced to £170m - £190m. Previous consensus seems to have been £205m. Is that such a big fall?

[robertball] 17/10/2018 07:07

A big contrast between profit warning here and upbeats fromBarratts today and Bellway yesterday.

[mike_miikke] 16/10/2018 13:53

Getting better today

[dov] 16/10/2018 13:21

Suggest it desperate to exit at a better price

[montyhedge] 16/10/2018 12:42

Surely Berkeley could go for these, head offices are about 4 miles apart.Share HQ costs develop and build on one HQ makes perfect sense. Crest land bank worth a fortune.

[montyhedge] 15/10/2018 13:42

P.e 4.8 wow.

[essentialinvestor] 15/10/2018 12:38

They update within the next month?.

Might be worth a look then.

[dov] 15/10/2018 12:33

Looks like my £3 figure in full view now nothing's going to stop this one from dropping

[montyhedge] 15/10/2018 10:48

The bears trying to smash Crest and succeeding, seems ridiculously good value.

[linton5] 14/10/2018 10:51

I’m buying these 1st thing on Monday Bargain moment in my books, hold till spring

[porsche1945] 13/10/2018 14:41

Nobody makes buyouts of building companies in falling markets, they learned from the Taylow Woodrow disaster last time. Redrow wont be far behind these, cxxp houses is poor areas. Barratt went from from 12 quid to .90 in 2008 and things potentially worse this time, UK heading into hardcore brexit induced recession. CEO of Telford homes has just come out to say Brexit now hitting their business hard, shares down from 5 to 3.30 in a few months and over 10 per cent in last two days, whole property market screaming for a massive correction, 30 pc plus, that is two years overdue, just propped up by stupid help to sell scheme. Dump these and get clear, the yield on them is hysterical and an obvious warning. Should have known as soon as Woodford starting buying them they were doomed haha.

[linton5] 12/10/2018 12:21

I think this is a great company for a takeout at this price

[salver2] 11/10/2018 21:48

Unbelievable underperformance against the other Housebuilders redrow are up over 130 percent in 5 years these are lower than they were 5 years ago - it’s as if someone knows something that is not obvious to the ordinary shareholder - this clearly needs a change in management or a takeover as suggested!

[mike_miikke] 11/10/2018 19:14

Is this takeover territory?

[essentialinvestor] 11/10/2018 11:44

Update in November?.

[lonrho] 11/10/2018 09:58

Year end tNAV should be about 340.

[stemis] 11/10/2018 08:49

This could well hit tNAV (historic 309p) at this rate

[horndean eagle] 10/10/2018 20:44

i disagree. lot of a brexit uncertainty about. odds of deal rising pretty rapidly (look at sterling). if that gets sorted and we end up with free trade as we have now then people will start investing again and will give the economy a boost. not as though we are expensive in any event.

[linton5] 08/10/2018 18:13

Official bear market in housing index chaps,batten down the hatches comrades

[montyhedge] 02/10/2018 13:08

Let's hope Crest does more deals with Lidl build the supermarket and apartments above.That development will be sold before its finished.

[essentialinvestor] 01/10/2018 11:59

Monty, passed the Lidl development last week on the way to Esher,
had not realised it was so near the road, thought is it was nearer the Air Products
building.

[montyhedge] 28/9/2018 10:42

Surely with their landbank and in the south of England, sitting duck for bid.

[mike_miikke] 27/9/2018 16:10

Has Crest turned a corner?