Crest Nicholson Share Discussion Threads

[master rsi] 27/3/2020 08:58

They say not to buy shares before 9am, as the order book is not up to date with orders until then, due to that the spread is large at the start.

But every day it is during the 1st hour when the bargains are.

I is not 9 am yet but after the 235 points drop for the FTSE and 513 by the FTSE 250 the Market wants to pull back some of the marked-down, and CRST is the 1st one to do it.

update of trading
Due to the order book short of orders earlier there was and "AT" bid 193p and that was the lowest so far as it back to 202p and a bit lower again

[master rsi] 26/3/2020 23:43

How is moving higher for the last 4 days

[xclusive2] 26/3/2020 20:53

A blue morning tomorrow but I fancy a sell off pre DJ open and a red pm bouncing again on Monday. Where’s that crystal ball Meg ?

[master rsi] 26/3/2020 15:20

Due for a BOUNCE

From the "UPS" thread .........

Master RSI 26 Mar '20 - 13:40 - 620 of 620
KEEP an EYE
CRST 197.80p (197.50 - 198.10p)
The share had a well-marked down on the news of Dividend being suspended on the 19th, as most builders have done since. Is bouncing slowly from the lows for the last couple days. Has been the most markdown company of the Builders
1 month chart

[xclusive2] 24/3/2020 18:43

Knickers....lol knockers but they do try to do some nicking !

[xclusive2] 24/3/2020 18:42

Agreed.I've been a valued supplier to their business for many years and they will ride this through. Let the knickers spout utter nonsense, but as many as you can afford ?

[montyhedge] 24/3/2020 17:13

They could sell up tomorrow, we all walk away with 450p, with the land bank, lol.

[xclusive2] 24/3/2020 16:42

Nice finish.

No dividend, no prospects...lol. I picked up a few more today and i'll look back in a few months and laugh, hopefully not to mself, rocking back and fore in the corner.

The market is pricing in Armageddon. Yep house sale volume will drop but it woun't take long for the feelgood factor to kick in here.

[onjohn] 24/3/2020 14:18

No dividend

No prospects

[sikhthetech] 24/3/2020 11:37

Denc,

TW are also stopping their divi.. Prudent thing to do...

How much provision did Crst make for redress of leasehold scandal?

TW are also closing all sites...

[onjohn] 24/3/2020 11:34

Sales of houses will slip

This will warn

[denc] 24/3/2020 09:21

Withholding the Divi was the stupidest move ever. Look at the share price today. Sack the board.

[xclusive2] 23/3/2020 10:06

Fill your boots on this ! I am a supplier to Crest as well as a shareholder. Access to 250m rolling credit facility, their land bank, this is a steal. Can it go lower, yep but buying at a 65% discount and holding, makes sense to me.

Was going to the AGM as live locally but have decided to do the responsible thing and stay away.

[montyhedge] 20/3/2020 08:13

Land bank alone must be worth a fortune.

[salver2] 19/3/2020 21:01

Is the ceo mad or is it the market - he bought shares two days and now is down 40 percent

[montyhedge] 19/3/2020 20:39

Interest rates never this low for property buyers after today's cut.

[montyhedge] 19/3/2020 20:36

Nearly every company will be dropping dividend I would imagine.We know that after Coronavirus is over, Crest one of the best dividend payers, sensible move.

[deadly] 19/3/2020 18:55

30% down today, really????

This is sheer panic.

[sikhthetech] 18/3/2020 12:10

HB face several problems from different directions all at the same time....


The latest Covid-19 is an invisible threat and there's no timescale...

I think HB still have further to fall...

[montyhedge] 18/3/2020 12:01

I bet investors will be put off by the stock market and go back into solid bricks and mortar property.

[gowlane] 16/3/2020 10:24

Seems a decent bet at 312p.

[montyhedge] 11/3/2020 08:01

Should be a good budget for builders.

[montyhedge] 09/3/2020 15:19

Rate cut favours developers, banks I'm staying away from. Under 400p as gift from the stockmarket gods.