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SVS Savills Plc

1,064.00
12.00 (1.14%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Savills Investors - SVS

Savills Investors - SVS

Share Name Share Symbol Market Stock Type
Savills Plc SVS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
12.00 1.14% 1,064.00 16:35:29
Open Price Low Price High Price Close Price Previous Close
1,056.00 1,056.00 1,078.00 1,064.00 1,052.00
more quote information »
Industry Sector
REAL ESTATE INVESTMENT & SERVICES

Top Investor Posts

Top Posts
Posted at 06/8/2021 12:05 by sophiejane1
I agree Mike but notice Investors Chronicle have said take profits Sell. I do find it annoying the way the share price can be quite volatile at times without any underlying reason which I can find. It’s a sentimental hold for me which is probably a bit daft but there you go.
Posted at 06/8/2015 07:54 by broadwood
- Savills has booked an H1 pretax profit of £26.4m, from £24.7m. Revenue was £547.0m, from £430.8m. Interim dividend was up 7% to 4p a share. "The Board remains confident in its expectations for the full year," it said.

CEO Jeremy Helsby said:

"Savills has delivered a strong first half performance as a result of the contribution from Savills Studley in the US and the strength of our existing businesses in key transactional markets of the UK and Asia.

"Our performance in these markets mitigated the effect of the pre-election slowdown in the UK Residential market, where, lately, we have seen activity levels starting to improve.

"In line with our US growth strategy, we have continued to build on the Savills Studley platform in the US with three bolt-on acquisitions and recruitment across the country.

"In addition we have bolstered our rural business in the UK through the acquisition of Smiths Gore and look forward to the near term completion of the acquisition of SEB Asset Management AG.

"Looking to the second half, we currently see no significant change in the overall outlook for our business. Our core markets continue to be highly demand-driven as a result of the continued substantial capital allocation to real estate around the world.

"Furthermore, in many markets we are now seeing rental growth and increased occupier confidence. Savills is well placed to act on the opportunities arising from occupier and investor demand globally."
Posted at 03/12/2014 17:18 by mike24
10/Jan.Sat Times,builders & estate agents come crashing down,as analysts buy
recommendations are torn up, due to the unexpected nov drop in construction
just 10days ago we were told to pile in?

the big city sell, in the short term, still seems in full swing, the problem is
the affordability of rents for tenants,
which investors risk taking a hit on, but they need capitol appreciation to
hold up over the next decade
if there is wage deflation in retail, there is wage inflation in construction
the last time mortgage rates were this cheap, was july 06 when prices
started a decline, its only two short yrs since the green shoots appeared
the last cycle similar to current situation was 72/74 when prices jumped 35%
a cycle with a short term big spike seems risky/flawed,

wandsworth house prices up by 35%in a year, so how can you have a near zero
inflation rate, this spike has given me a chance cash in/ downsize, before
the euro mess comes to a head, and far east cash now cherry picking europe's
best props,as Louvre Hotel group

15/4 regional papers in UK of which e/agents are main source of income, have
suddenly changed their tune, from ramping prices to "worrying upward pressure
on house prices" is'nt that HPI? what is the point of using pension cash to buy a BTL
with a 5% rent return if prices possibly drop by up to 26.1% over next five yrs
dyor
Posted at 20/8/2014 19:44 by jockthescot
SAVILLS BUILDS GLOBAL PRESENCE
A buoyant UK property market and recovering European demand helped international real-estate adviser Savills
(SVS) grow operating profit by 16 per cent to about £22m last half. Investors responded by bidding its shares up 4 per cent.
Savills continues to benefit from global interest in property as a safe and profitable investment - even from sovereign wealth funds that have "never owned a brick", says chief executive Jeremy Helsby. That trend helped it lift both sales and underlying pre-tax profits at its key transaction advisory division by 12 per cent and profit at its consultancy business by a third to £8.4m.
The group grew underlying profits in the UK, US and even in continental Europe, as property markets improved even in once crash-blighted markets like Spain and Ireland. However, its profits from the Pacific rim slumped by nearly a fifth, reflecting the recent introduction of punishingly high tax rates in Hong Kong and Singapore. Savills's global presence helps insulate it from any weakness in individual markets, but the strategy isn't just to pin "flags on maps", stresses Mr Helsby. Instead it wants to dominate - which explains why it recently acquired US occupier services firm Studley, the market leader in New York and Washington.
Savills's strong US showing and resilience in Asia prompted broker Numis to raise its pre-tax profit and EPS forecasts by 5 per cent to £90.1m and 51.3p - up from £75.2m and 43.1p last year.
SAVILLS (SVS)
ORD PRICE: 595p MARKET VALUE: £802m
TOUCH: 595-596p 12-MONTH HIGH: 674p LOW: 560p
DIVIDEND YIELD: 3.2% PE RATIO: 14
NET ASSET VALUE: 208p* NET CASH: £2.5m
Half-year to 30 Jun Turnover (£m) Pre-tax profit (£m) Earnings per share (p) Dividend per share (p)
2013 399 21.4 12.2 3.50
2014 431 24.7 14.1 3.75
% change +8 +15 +16 +7
Ex-div: 10 Sep
Payment: 13 Oct
*Includes intangible assets of £241m, or 179p a share
IC VIEW:
Savills is a well run company, with strong positions in a nice mixture of markets and cash on the balance sheet. Its core UK businesses are also recovering nicely. But its shares trade on just 12 times forecast earnings - a discount to the historical rating. We upgrade to buy.
Last IC view: Hold, 635p, 20 March 2014
Posted at 05/7/2013 13:22 by mike24
just a risk the Chinese prop market might tank, interbank rates to high
and effects of prop tax, 12%? even a new bubble in uk gathering pace

rates at 1.99% fixed for 2yrs + 1k fee, then change to SVR of nearly 5%
but on changing to a new product, plus another 1k fee due, going back to
getting joe consumer overleveraged, London prices are crippling the renters

china has not yet seen a crash, the soaring prop prices, land grabs, hurting agriculture, millions of empty properties, shadow banking,
quality of goods not improving, high shipping rates driving manufacturing back to US, and the Yuan Bluff, in the coastal cities 15yrs ago y could buy a flat for 6 or 7k, if the economy is so good why the need for them to buy the Lloyds buildng, spread the risk? should'nt uk investors do the same

the Chinese (HK) piled into off plan in londons docklands in summer 87 causing studio
prices to rise by average of (100k to140k) 40% in six months, with nearly every builder going bust, because most buyers had disappeared by completions due in 90, by 94 y could buy the same studio flat below 90k
history is repeating itself on a grand scale, smell the coffee !
nai
Posted at 14/5/2013 08:40 by mike24
svs might struggle to get above 6 quid
and rmv at 20quid as physiological barriers short term,
as investors take profits

RMV put a record 62 props on the market in the last wk
in just one 3mle radius, including price reductions on existing sales
nai
Posted at 08/5/2013 12:02 by broadwood
Looks like Hong Kong was the culprit, everywhere else trading just fine. A safe enough home here for the moment. London still behaving excellently. And I'm not complaining about that personally.

- Real estate advisor Savills traded in line with expectations in the first four months of the year with strong growth seen across the Asia Pacific region.

The company said Asia achieved substantial improvements year-on-year.

However, Hong Kong will be affected by the latest round of government control measures, with volumes falling by 30%. The doubling of stamp duty on commercial transactions in the city has also reduced the aggregate value of business since the new measures were implemented in March.

Nevertheless, improvements in trading in other parts of the region, particularly Australia and Japan, are expected to help mitigate the financial impact of reduced transactional volumes in Hong Kong.

In the UK, the company continued to maintain a significant share of the prime central London investment and leasing markets.

The increasing interest of overseas investors in central London assets resulted in more domestic investors looking to opportunities in the UK's principal regional cities.

"Whilst it is still too early to be definitive, if this trend continues we expect to see some improvements in our regional UK business through the coming period," the company said.

The prime residential market in central London continued to perform well with year-on-year increases in volume and value.

The US business has also shown improved performance in comparison with the same period last year and Cordea Savills, the group's investment management business, met expectations.

"As previously indicated, we expect that our trading result to date will result in a stronger first half performance than in 2012 with the full year outlook in line with our expectations," the group said.
Posted at 08/5/2013 11:03 by cockneyrebel
Lovely trading update

RNS Number : 2291E
Savills PLC
08 May 2013
8 May 2013
SAVILLS PLC
("Savills" or "the Company")
AGM Statement and Interim Management Statement
Savills plc, the international real estate advisor, is today holding its Annual General Meeting (AGM) at 12 noon, 20 Grosvenor Hill, Berkeley Square, London W1K 3HQ and provides the following Interim Management Statement (IMS) for the period to 8 May 2013.
During the first four months of the year Savills has traded as anticipated with strong growth in Asia, a robust performance from the newly combined UK businesses and a continued reduction in losses in Continental Europe. Our US business has also shown improved performance in comparison with the same period last year and Cordea Savills, the Group's investment management business, has traded in line with our expectations. As previously indicated, we expect that our trading result to date will result in a stronger first half performance than in 2012 with the full year outlook in line with our expectations.
To date trading across the Asia Pacific region has remained strong with substantial improvements year on year. Looking forward, as anticipated, the residential markets in Hong Kong are being significantly affected by the latest round of Government control measures implemented in March with volumes falling by circa 30%. The doubling of stamp duty on commercial transactions in Hong Kong has also reduced the aggregate value of transactions since its implementation. We anticipate that improvements in trading in other parts of the region, particularly Australia and Japan will help to mitigate the financial impact of reduced transactional volumes in Hong Kong.
London's attractions as an investment location remain firmly established and indeed potentially enhanced by fiscal and other control measures implemented in other markets. In the UK commercial market Savills has continued to maintain a significant share of the Prime Central London investment and leasing markets, although the shortage of supply of investment stock has become apparent. The increasing interest of overseas investors in Prime Central London assets has resulted in more domestic investors looking to opportunities in the UK's principal regional cities. Whilst it is still too early to be definitive, if this trend continues, we expect to see some improvements in our regional UK business through the coming period.
The Prime Residential market in central London has continued to perform strongly with year on year increases in both volume and value. Outside London, although it is early in the selling season, we have seen some improvement in the volume of activity in the traditionally stronger regional markets evidenced by improved volumes of new stock, applicants and viewings.
Globally, our Consultancy business has experienced double digit revenue growth with particular strengths in Planning and Development consultancy. The Property Management business has continued to deliver a solid increase in revenue.
Following a year of strategic changes and operational developments undertaken in 2012, Cordea Savills is now focused on further growth initiatives in Europe and Asia.
Posted at 24/4/2013 11:51 by mike24
housing revival was built into the price
when it recently touched six quid,

in the US 24% of the revival are investors, a great many chains started
by btl's in the UK, don't see much more immediate up side in svs price
but rightmove looks to go further as the volume in turnover will increase
outside the London area, the ripple effect
dyor
Posted at 25/2/2009 23:25 by armaan17
This was the reason, if some1 was in same boat as me.....:-))

Mickey Clark

There are signs the property sector may be enjoying a spot of massage by fund managers as the month draws to a close.

JPMorgan has moved to overweight in Hammerson, which led blue-chips higher with a rise of 23¼p to 334p ahead of the start of trading in the nil-paid shares tomorrow. This follows the company's deeply discounted seven-for-five rights issue at 150p to raise almost £600 million, announced earlier this month.

Citigroup and UBS are taking a more bullish approach to British Land, up 30¾p at 432¼p, and Land Securities, 29½p better at 529p, after similar fund-raisings. British Land is raising £740 million and Land Securities £756 million.

The sector has also benefited from a move by high-flying hedge-fund operator Crispin Odey to cut his short position in British Land. His Odey Asset Management previously had a short position of 0.27%, worth almost £6 million. That has now been cut to below 0.25%.

Segro, formerly Slough Estates, rose 13p to 100p. It has been in talks with the banks, and has thrashed out a deal on covenants covering loans worth £1.7 billion. The property developers have been staggering under a big surge in debt following the collapse in commercial property values. A number have been forced to go cap in hand to shareholders to raise funds and strengthen their balance sheets, rather than breach their banking covenants. This has led to talk of a share placing at Liberty International, up 18p at 334½p.

There was relief among investors at the bounceback on Wall Street overnight and in Asia this morning. But shares in London traded below their best levels after a brisk start. Persistent concerns about the ongoing bank crisis continues to dampen sentiment. The FTSE 100 index saw its lead cut to 48.49 points to 3864.93 after touching 3884.06.

Financials led the charge amid signs some punters had chosen to close their short positions. Royal Bank of Scotland put on 1.3p to 23.4p while Lloyds Banking Group added 5.1p to 59p ahead of results on Friday. HSBC was up 24¼p at 496¼p ahead of next week's full-year results. Deutsche Bank has cut its target from 532p to 510p, warning the outlook for the bank remains challenging as a result of rising loan losses and further risk-asset writedowns.

Action may be needed to bolster HSBC's capital ratios, but a large-scale rights issue will not be easy to get away in the current environment. Elsewhere, Prudential's helter-skelter performance continued apace with the shares accelerating 9¾p to 276½p, having traded within a range of 250p and 305p during the past week. Keefe, Bruyette & Woods says the Pru appears to have moved into pole position in the bidding for American International Group's Asian arm. It has repeated its outperform rating on the Pru and 797p target. Revived bid talk lifted Old Mutual 2.5p to 42.8p ahead of next week's results.

Talk of stakebuilding was behind a rise of 15¼p to 228p in pubs chain operator Mitchells & Butlers as more than 1.2 million shares changed hands. At the last count, billionaire financier Joe Lewis held 88.3 million shares, or 21.7% of the company. The price has dropped from a peak of 892p since the summer of 2007 with the smoking ban, recession and competition from the supermarkets taking a toll.

Aero-engines maker Rolls-Royce jumped 11¾p to 291¼p after UBS raised its rating from sell to neutral and repeated its 280p target following recent results.

White van man's favourite Northgate slammed into reverse with a loss of 29¼p at 39¾p after yet another profits warning. The van-rental group is regarded as an accurate barometer of the economy. The company says trading condition have deteriorated further, and it is now looking to renegotiate its banking covenant terms.

Investors drew some crumbs of comfort from Barratt Developments' latest trading update. Barratt rose 10½p to 82p and there were also gains for Berkeley Group, up 49½p at 857p, Bovis Homes, 14p at 363p, and Persimmon, 27¼p at 321½p.

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