Savills Share Discussion Threads

[davr0s] 08/1/2014 19:39

Didn't entirely understand the RNS today but seems to have done the trick and share broken through this fairly solid resistance. Big volume today so don't know if this all means a seller has cleared

[broadwood] 10/12/2013 16:23

Bit of strength today on the housing figures.

Hopefully the CGT on foreign nationals is now in the price.

[davr0s] 05/12/2013 19:23

Interesting that when the cgt tax change announced it had minimal effect - the slowly slid during the afternoon. Hopefully we can get over that now and move on

[broadwood] 27/11/2013 16:57

Be nice to get the Autumn statement out of the way to see if there will be a London tax on foreign nationals purchasing here.

[davr0s] 14/11/2013 09:18

Yep happy with these so shall be holding for the moment

[broadwood] 14/11/2013 07:08

Upper end of expectations.

[davr0s] 07/11/2013 21:15

Debating whether to top slice but it feels it gas more momentum to it. Winding up into a nice tight range in recent days which often signals a break - but which way? Will hold as I think up. Will see

[davr0s] 23/10/2013 19:41

Big £3m purchase mid afternoon - hopefully we can move on though this buy didn't have too much impact (yet)

[broadwood] 10/10/2013 10:10

Getting a nice bump so far.

[bouleversee] 19/9/2013 16:12

They,ve probably just paid out most of their profits in bonuses to staff.

[maurillac] 19/9/2013 15:22

quite. why the fall - this seems to going against the market at the moment.
anyone have any thoughts ?
m

[davr0s] 27/8/2013 19:47

Well we keep testing 600 and we keep holding it. Great resistance line at this level if you look back over 3 years. Question is can we break north from here?

[fozzie] 23/8/2013 14:17

I dont have level 2, i cant see that anyone is selling this down but the price fall post results is unreal. We are right back where we were 2 months ago.

[fozzie] 19/8/2013 13:51

Unf###ing believable to see this at 600 again, all positive news from the company and housing market and govt and its down here again. I give up!

[mike24] 16/8/2013 08:46

back to six quid again
edit
greater London prices dropped sharply last month
Camden asking prices down nearly 7% so if a buyer agreed a price in
june and the prices moved down y could renegotiate or pull out,

mega mortgages of 1ml cost an extra 250k for every per one percent
increase over 25yrs (just the interest)

so the recent qtr percent rise in lenders deals of around qtr of a percent
indicate an uncertain inflationary trend

BNC on any dip seems a good hedge,nai

[burkedavid] 08/8/2013 09:33

spoke too soon, stopped out.

[burkedavid] 08/8/2013 09:02

Not much shareprice action here this Morning

[broadwood] 08/8/2013 07:29

Savills H1 pretax profit rises to £21.4m

8 August 2013 | 07:27am

- Savills booked a first-half pretax profit of £21.4 million, from £17.1 million a year earlier. Revenue was £399 million, from £353.3 million. Its interim dividend rose 6% to 3.5p a share.

"Savills has delivered a strong first half performance in line with our expectations as a result of our strength in key transactional markets in the UK and Asia Pacific and a continued reduction in losses in Continental Europe," said CEO Jeremy Helsby.

"In addition, we have continued to invest in the business through both acquisition and recruitment," he said in a statement.

Looking ahead to the second half, Helsby said there was no change in the overall outlook for the business.

In Asia, as previously indicated, we anticipate a reduction in activity levels in Hong Kong and Singapore as the latest Government measures affect the transaction pipeline for the second half.

In the UK, the benefits of the Savills UK merger were already coming through alongside early indications of a broader recovery in commercial and residential markets.

In Continental Europe, the company continued to invest in the core markets of Paris and Germany, incurring expansion costs, but maintained its target of materially reducing losses year-on-year.

In the US, it had a healthy pipeline of business and continue to investigate opportunities to enhance its operation there.

Meantime, first-half operational highlights included:

- Strong growth in Transaction Advisory revenue with profit up 100% over H1 2012;

- Significant improvements in Consultancy revenue with profit up 40% over H1 2012;

- Increased revenue in Continental Europe delivers 26% reduction in losses after further reorganisation and recruitment costs;

- Cordea Savills Investment Management raised significant fund commitments and Assets under Management increase 10% to €4.4bn;

- Merged Savills UK business performing well and supported by early indications of a broader UK recovery.
-

[robbo35] 07/8/2013 16:00

Bit of a drop in this today, quite surprised as the housing sector seems buoyant at the moment. still nothing goes up in a straight line, well none of my shares anyway!

[broadwood] 06/8/2013 16:46

Certainly did.

[broadwood] 06/8/2013 08:45

Results in a couple of days. Should see some positioning ahead of them

[robbo35] 01/8/2013 11:27

Next stop £7 with a bit of luck and rising markets.

[bigbigdave] 31/7/2013 17:10

That's a new recent closing high today, maybe a run up to the results coming.