Galliford Try Share Discussion Threads

[dr_smith] 26/5/2019 08:21

Thank-you Eeza.
In my above blurb I forgot to say that if shifting construction staff into housebuilding was to be the chosen way forward, then they don't need BVS they can do it for themselves - unless BVS have better re-training facilities.

Like you Warranty, I am way under, but feel/hope they can quickly bounce back.

I can only read header of link, but note:
"...rejected Bovis’s offer, ­arguing it did not “value” its ­Linden Homes and partnerships & ­regeneration division".

So that would imply they do value the construction business??
That can't be right.
The only other explanation I can think of is BVS thought they could get GFRD on the cheap.

Dave

[warranty] 26/5/2019 07:56

Thank goodness it's off then. Like most on here I'm currently way under water on my buying price and I couldn't see any way BVS would have tipped up enough value to make this work for me. I'm happy to wait for the recovery at GFRD and take the dividends in the meantime.

[dr_smith] 25/5/2019 17:09

Spure: Thank-you for posting (tip edit link to change tt to TT in https, then link still works).

I can see this being good for BVs and GFRD, each bring skills and resources to the other.
Plus, they could conceivable reduce management, Head Office overheads, also possibly give them more clout for materials acquisition (though likely great anyway) and economies of scale.

I have a couple of question marks.
1) How easy would it be to re-train the average GFRD construction worker to work on housing. (Bricky, plasterer, technician etc).
2) If more house building is to be done, retraining construction staff, GFRD don't really need BVS to do that.

I don't know who does the construction aspect at BVS (e.g. roads and infrastructure, needed for any new housing estate. I don't know if BVS always do this aspect in-house or sub-contract at present.

Either way, I can see BVS having a small lift and GFRD having a big lift come Tuesday.

No doubt monopolies & mergers lot would have to OK any deal, but outcome is likely more houses built, so difficult for them to say no as "more housing" is key to whatever party and whatever PM (insert name here - job applications also accepted ;-) ).

I don't know who blabbed the secret news to sky, but Mrs May recently kicked someone for blabbing!

Dave

[paduardo] 25/5/2019 14:43

good news! hopefully we see a rise on Tuesday

[spursspurs] 25/5/2019 11:01

hxxps://news.sky.com/story/bovis-approaches-rival-galliford-try-about-housebuilding-merger-11728118

[prettygreen] 25/5/2019 10:50

Breaking news on Sky - Bovis in takeover talks with GFRD. Looks like the interest is in Linden

[cascudi] 23/5/2019 22:00

https://www.morningstar.in/posts/48068/howard-marks.aspxGood read in this crazy time

[bookbroker] 23/5/2019 19:01

Market just panic selling anything that is vulnerable to economic slowdown, the volume does not suggest investors worried, just market makers being lily livered! Stocks that were up today on results likely down tomorrow!

[imranawan] 23/5/2019 16:02

Yep, and just took a look at other domestic orientated stock. They are down quite a bit today.

[cascudi] 23/5/2019 15:53

I think the market is stressed about political instability

[bor491] 23/5/2019 14:52

why is this down so heavily? I would think people would still continue buying houses come what may? And the government will still be awarding contractors contracts.

[cascudi] 23/5/2019 09:24

Time do add more.

[edmondj] 23/5/2019 08:42

'Proper direction' - under Boris or Jeremy - yeah right!

;-)

[warranty] 22/5/2019 17:55

I think all builder's got a kicking again today not just GFRD. No sense in the market until something is sorted via Brexit one way or the other. It's the uncertainty that kills, so hopefully TM will be gone sooner rather than later so we can get some proper direction.

[gabsterx] 22/5/2019 17:15

Well that went to hell pretty quickly..

[rafieh] 22/5/2019 11:19

Sorry 583.5.:-)

[micos] 22/5/2019 10:34

I didn't see it going that low.

[rafieh] 22/5/2019 09:16

Nice little tree shake. Added at 483.5

[rafieh] 21/5/2019 16:51

Strong close heralds further rise in the share price tomorrow. I expect 650 p to be reached over the next day or two.

[cascudi] 21/5/2019 13:39

The trading update looks positive . Plus according to shorttracker there are 3.26 per cent share issue that have been shorted. So probably squeeze is happening

[bookbroker] 21/5/2019 13:27

U gotta remember this was sixteen quid not so long back, Linden Homes worth far more than current mkt cap. alone!!