Savills Share Discussion Threads

[cockneyrebel] 25/11/2007 13:36

Well surely a profit warning is factored in the share price here. Does anyone thing they are actully going to meet the 49p eps next year and a PE of 6 ?

Not strapped for cash either - had £40m at the interims.

CR

[kristini2] 25/11/2007 12:26

CR
thanks and respect your comments.
I feel that sentiment towards property will remain negative in to early next year and put further downward price pressure on svs share price. There has to be every chance of profit warnings given the slowdown as property appears to have hit a brick wall. i appreciate that this could change, however this is unlikely to occur in the short term.

i take you point on bids, however bids have been pulled lately in the general market and i remain short. In the event of a profits warning could drop to near £2.00--imo

[rochdae] 22/11/2007 21:37

Thing is cambodia we're all thinking the same.

[cambodia] 22/11/2007 20:44

The US stock market is becoming disjointed. US dollar needs high interest to support it. US economy needs low interest rates to keep it clear of recession. US stock market at moment is totally reliant on rumours of fed interest rate cuts to support itself. These Fed interest rate cuts are just delaying the pain. These conflicting pressures are unsustainable medium term.

Still who would bet against a Xmas rally?. I personally don't plan to hold any stock in the cold days of mid Januaury onwards.

[cockneyrebel] 22/11/2007 18:40

Well there's always factors that will underpin a stock at some price.

5.7% yield, £40m in cash. If profits halved the divi is still covered.

Will they halve? Or will we get to spring and see house hunters out in forece looking for bargains once the fine whether gets here? Shareprice says says we have a disaster coming. I'm not conviced, would oil be hitting $100 a barrel if
if the US was going into recession? Oil inventories fell too in the US - you'd expect them to rise if US was slowing that much.

Might go lower but don't be 'caught short' if there's a bid in the sector imo.

CR

[kristini2] 22/11/2007 18:17

CR
are bids likely in a property market well supplied with a contracting demand and at best a slow down, and potentially a signifcant downturn?
Are there any fundamentals to underpin svs that you can share with me?
K2

[cockneyrebel] 22/11/2007 17:50

Do you know it makes me laugh. When these were £5-6 nobody hardly was calling these a short - now they are half that everyone thinks they are a short.

A lot of these type of stocks will fall further because the market is like a schitzophrenic - screams buy then sell. The danger down here is that there's a bid in the sector - if you're heavy short you're dead

CR

[kristini2] 22/11/2007 16:45

where are the profits going to come from here going forward. The housing market has hit a brick wall and contrary to some thoughts posted here i think the chart looks bad.

What are the fundamentals here to support the share price? a cuurent year pe of 6 with sentiment as bad as it is tells me that this will see £2. profits warning likely if the market continues to slow.

A few svs bulls on this board, any comments?

[slogsweep] 22/11/2007 14:00

f... Knows! I saw it as good value at £5. Still holding and have cash to add but not yet!

[pictureframe] 22/11/2007 09:16

Where is the bottom here?

[martincc] 15/11/2007 16:21

Someone thinks the worst is out on the US housing market?

2007-11-15 14:25:11 Soros takes stake in Countrywide in 3Q NEW YORK (AP) - Soros Fund Management LLC, the investment arm of billionaire George Soros, reported holdings of $2.9 billion in the third quarter, including a $33.9 million stake in distressed mortgage lender Countrywide Financial Corp., according to a regulatory filing Wednesday.

[cockneyrebel] 15/11/2007 12:24

nope, still holding - chart's still not made the bottom it seems but at this level if they go lower I think they'll be back up to this level again swiftly. 295p an I'll top up.

CR

[ronmikeh] 15/11/2007 12:12

Has everybody sold up and gone. Just gone in at 323p today.

[mike24] 11/11/2007 00:08

NAEA says hips are continuing to distort housing market
fewer larger props on the market than would normally be, for this time of year,
chart still seems to indicate down

[blackdown2] 10/11/2007 10:48

DTZ may be a better bet. Down this year from £8+ to around 360p. It's less dependent on brokerage and there is a major shareholder on the register.

[bugs22] 10/11/2007 10:45

The residential market across most areas of the UK has gone from very quiet in August-October to close to dead. Lots of bad news still to come out in the coming months. Prices will have to fall to provide a lift in market volumes plus an interest rate fall(s). The commercial market does'nt appear much better.

[simon gordon] 09/11/2007 14:53

Under £3.00...

The market has yet to really crash/correct. Uncertainty is building and cheap stocks are getting cheaper. Have look at MAY - it is yielding 12% and has fallen from £40.00 to £16.00.

[sheik yerbouti] 09/11/2007 14:46

Down 54%, that's worse than the banks, how low can this go? Seems a bit overdone.

[cockneyrebel] 08/11/2007 15:21

chart's giving in - not so good.

CR

[johnrxx99] 07/11/2007 10:03

How did it manage 254p? Mini triple bottom though.

[cockneyrebel] 06/11/2007 08:09

BVS trading statement today not the disaster some might have expected - reckon some builders might rally on that, and SVS with the pension fund buying co shares last night.

CR

[cockneyrebel] 05/11/2007 17:04

SVS pension fund buys 300K @ 254p

CR

[cockneyrebel] 05/11/2007 09:37

Well SVS bucking the trend today - definitely bottoming on the chart - couldn't be in for a bid could they? Chart here definitely the best of breed in the sector.

CR

[cockneyrebel] 02/11/2007 16:52

end of a duff day and the chart still looks like it's turning.

CR

[cockneyrebel] 02/11/2007 10:06

By the way, I've actually spoken to a SVS agent and yep, they are quieter but I'm told they are nothing like mullered or beaten up in the way the share price suggests.

These plummeted in Nov 05, a year's time they were back to their high. This fall has been bigger and if they just get half way back to their high there's 50% in these.

CR