Galliford Try Share Discussion Threads

[warranty] 26/10/2016 10:52

To be fair Lord G it has been one of the better performers so anyone wanting the divi has probably already bought. If you're looking to hold long term it could be another opportunity to buy giving the yield.

[lord gnome] 25/10/2016 18:37

I must admit that I was expecting it to rise into ex-div day. Already proving to be an expensive divi.

[plasybryn] 25/10/2016 17:44

Can it be some folk don't want the dividend? Ex 27th

[grahamburn] 24/10/2016 17:46

Nearly all ex-div dates have now been moved to a Thursday with record dates being the Friday. They do effectively "sync" with the T-2 settlement as you have to be holding on the Wednesday at close of business.

[5huu] 24/10/2016 17:27

Thanks for that. I had in my mind that record dates were always 2 days after ex-div dates (to sync with UK T+2 settlement dates) then I noticed he record date here was the day after exdiv.

[imranawan] 24/10/2016 17:13

The ex divi date is Thursday so you need to be holding the stock at the close of Wednesday this week. The price is likely to fall on Thursday by the value of the divi.

[5huu] 24/10/2016 17:01

Forgive the stupid question, but haven't traded a stock for dividend yield for a while; as the record date here is the 28th (day after ex-dividend) can we sell these on wed 26th (settling on a T+2) and still qualify for the Dividend?Thanks.

[mrthomas] 22/10/2016 18:23

Have been following the company for a while and have now brought in got a strong b/s and a good dividend policy

[bigbertie] 12/10/2016 09:38

.......and in infrastructure programmes, although these will take time to get going. I'm holding.

[spoole5] 09/10/2016 19:29

Galliford should benefit from the autumn statement in Nov given their involvement in social housing and regeneration.

[fizzypop] 07/10/2016 15:23

Well we have the line drawn in the sand at 1300p.

[scottishfield] 07/10/2016 14:26

A bit of sector rotation as well perhaps, seems to be the way with building stocks

[bigbertie] 07/10/2016 14:24

I think it is partly a general fear that the house-building cycle is about to go into decline. However Government has good intentions on house-building and GFRD has the construction side as well. The big dividend should help support the shares up to xd date 27th Oct. Surprised to see so big a fall today though.

[lord gnome] 07/10/2016 13:50

Taking a hit today along with other house builders. Has some kind analyst downgraded the whole sector or is it a fear of interest rates rising sometime next year?

[nimrod22] 28/9/2016 23:42

Up 17.8% since start of September! Doesn't appear to be slowing down

[firtashia] 16/9/2016 10:54

What's a shame is that decent people may well have entrusted their hard earned cash/pension pots to such establishments. There's plenty of basket case companies to short, and GFRD certainly isn't one of them. By shorting GFRD they confuse quality businesses with movements in share price. IMHO what they are doing is not investment, but utter speculation.

[bigbertie] 16/9/2016 10:46

anley - agreed, it's crazy to set a target price at all in uncertain times!
And there could well be a big buyer or short covering going on. There has been no new information this morning yet the price has soared - but yesterday with the same info the price hardly moved!
I have given up trying to trade short term price movements - they are too unpredictable.

[bluemango] 16/9/2016 10:41

The laughably named "Insight Investment Management" have a short which increased to a peak of 1.12% in the run up to the referendum (while the share price was decreasing) since when the share price has been steadily recovering.

[firtashia] 16/9/2016 10:34

Agree anley, what happened to that £7.71 target from Barclays a couple of months ago, lol.

[speedsgh] 16/9/2016 09:41

More upside at Galliford Try, says Numis -

There is still upside to be found in Galliford Try (GFRD) shares as the housebuilding and construction group reports better performance and lower finance costs.

Numis analyst Christen Hjorth retained his ‘hold’ recommendation but reduced the target price from £14.95 to £13.00.

‘Galliford Try reported results that were slightly ahead of our forecasts, driven by a better-than-expected operating performance and lower net finance costs,’ he said.

‘Looking forward, while the EU referendum result has led to increased uncertainty, management points to the outlook remaining positive for all three businesses, and we therefore leave our forecasts broadly unchanged.’

Hjorth said that based on Numis’ methodology the target price for Galliford had been reduced in line with recent share price declines in the sector. He said it still ‘represents 8% upside to the current share price, and we therefore retain our ‘hold’ recommendation’.

The shares gained 5p yesterday afternoon to trade at £12.21.

[fizzypop] 15/9/2016 11:11

Now a Questor tip:

[speedsgh] 14/9/2016 13:41

Galliford Try: 40% upside and 8.5% yield -