Mccarthy & Stone Share Discussion Threads

[blueliner] 20/4/2016 09:54

Article says hold long term , up with events for now, nothing I didn't already know. Only share in this sector I have that's held up.

[aishah] 20/4/2016 08:48

Peel Hunt retains BUY with 270p target.

[salpara111] 20/4/2016 07:26

It sits on a higher rating to most of the other big house builders so I don't see the point in being on board when sentiment is overwhelmingly negative towards the sector.

[weemonkey] 20/4/2016 07:10

too expensive.

[opodio] 20/4/2016 06:13

yes think it said people are getting old slower and still out dancing in their 90s

[blueliner] 20/4/2016 06:12

'Avoid', according to Tempus in Times today, subscription only. Anyone got the gist of article.

[aishah] 19/4/2016 11:43

McCarthy & Stone share price rises after retirement home builder reports 33 per cent revenue growth
hxxp://www.cityam.com/239182/mccarthy-stone-share-price-rises-after-retirement-home-builder-reports-33-per-cent-revenue-growth

Chief executive Clive Fenton:
"Our strategy is helping to deliver strong top-line growth as we continue to address increasing market demand for retirement housing driven by the UK’s rapidly ageing population. The UK’s population is maturing at a fast rate, but continues to suffer from a chronic undersupply of suitable retirement properties of the type we provide. McCarthy & Stone is uniquely placed to capitalise on this opportunity."

[danpollard] 15/4/2016 22:22

Deutsche Bank are MCS corporate brokers so its strange they put out a broker forcast for 256p when their job is to ramp up the share price. Are they trying to bring the price down to pick up a few for cheap on Monday in order to profit from pre-results on Tuesday?

Drop could also be a tied in with the general malaise surrounding house builders at the moment. Crest Nicholson is down 8% in 2 days after for example. A few analysis have said we're at the top of the cycle, valuations are high, house price inflation is up, slow down in housing prices and demand, Brexit uncertainties etc take your pick.

[nikki40] 15/4/2016 20:52

I'm expecting end of year operating profit of £80m and pe ratio of 18

[1861andy] 15/4/2016 16:34

Looks like there has been a brokers note from Deutsche bank with share price target of 256, that might be part of reason behind drop.
Disspointing see 6% drop though

[mfhmfh] 15/4/2016 14:42

I've added on the dip today. Grest buying opportunity in my opinion.

[neurolodger] 15/4/2016 10:48

Strange share price has gone down

[aishah] 15/4/2016 10:27

Aviva added to holdings. Interims next Tuesday. Should be good imo.

[nikki40] 11/4/2016 18:23

Hi dlkuHow would you go about calculating the PE Ratio for MCS?

[dlku] 06/4/2016 14:46

500p in 17 months is my target

[mfhmfh] 04/4/2016 16:05

Interim result son 19th April, looking for a rise as results approach.

[aishah] 21/3/2016 10:13

One of TMI's 2016 NAPS (@272p):

McCarthy & Stone, the UKs largest retirement house builder, has performed well since our main write-up last month. Keynote is that by 2019 it plans to increase annual output over 50% to 3,000 homes alongside a 25% rise in average selling prices. Demand is growing rapidly given the ageing population and acute shortage of private retirement housing while its focus on brown field land is delivering high returns on capital employed.

Delivering as expected. Have been adding here on recent weakness.

HSBC Initiated with a BUY and 330p target on 17/03

[1861andy] 10/3/2016 20:16

I have it as the 21st March this has dropped quite a bit since results (although most house builders down) hoping see trading higher soon!

[rubberbullets] 09/3/2016 15:25

I thought it was 18th

[rubberbullets] 09/3/2016 14:30

Itll be admitted to the FTSE 250 on 18 March 2016