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Investor discussions around Vistry Group Plc (VTY) during the week of February 2-9, 2025, reflected a blend of optimism and concern among shareholders. Notably, participants such as bigjock36 and xclusive2 indicated apprehension regarding short selling activities, questioning whether J.P. Morgan was the last institution holding significant short positions. The sentiment shifted towards the company’s future prospects, particularly its potential involvement in affordable housing initiatives under the upcoming Starmer administration—a point highlighted by xclusive2, who asserted that Vistry could capitalize on new construction projects despite concerns over profitability.
Financial highlights discussed included anticipated interest rate cuts, which participants believed could provide a boost, given the projections of inflation stabilizing at around 4% and economic growth dipping below 1%. Conversations also pointed to external factors constraining the stock's performance, such as ongoing challenges related to accounting issues and the absence of insider buying. Some investors expressed a desire for insiders to begin purchasing shares in order to bolster confidence. A recurring theme was the 'trader's dream' potential of volatile daily price swings, which has drawn interest from more active investors. Overall, while there is cautious optimism regarding future developments, underlying concerns about the company's profitability and market positioning persist, adding to a more tempered investor sentiment.
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During the week of February 2-9, 2025, Vistry Group PLC announced a series of transactions under its ongoing share buyback program, which was initiated on September 12, 2024. Across several days, the company purchased a total of 253,490 of its ordinary shares at varying average prices, with the highest recorded price per share being 610 GBp and the lowest at 575.50 GBp. These transactions resulted in a gradual reduction of the number of shares outstanding. After the completion of these purchases, the total voting rights in the company were adjusted to reflect the cancellation of the acquired shares, leaving 330,049,095 shares with voting rights.
This proactive approach in share repurchase signals Vistry's commitment to optimizing shareholder value and enhancing its equity structure. The company’s strategy to buy back shares may indicate confidence in its financial position and future growth prospects, potentially appealing to investors who view buybacks as a positive indication of a firm's financial health.
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I'm new to this stock - not a holder yet. |
The market obviously doesn't believe in the VTY recovery story. Other HBs have continued their trend north since trading updates and better than expected CPI news which has lifted expectations. Our VTY is different and a large % of the rise from the 510 low was as a result of TU and the cessation of profit warnings. Why hasn't this continued its trajectory north ? Market not believing that they're out of the woods yet ? The market sentiment on the sector has improved and most HBs are 10-20% up this year but our VTY is retracing . Is the market looking for those Director buys to signal confidence ? Why wouldn't directors load up at this level ? It's obviously a concern and the lack of commitment could suggest that there's more negativity to come. Buybacks continuing and id've expected to see them pulled at this juncture if anymore skeletons we're likely to be making an appearance.Tempted to add more but prudent approach to sit back and await next signal. |
'The closed period for FTSE companies begins 30 days before the announcement of their financial results. This includes interim and year-end reports, such as quarterly and half-yearly reports.'I thought it was 60 days for FTSE 250 companies so our insiders have plenty of time to load up. Now would be a good a time as any ;) |
tanners |
https://stocks.apple |
Cmon Usman, Greg and Tim. Time to load up in style. The market won't mind you selling high and loading up low. We're 20% of the bottom, it's appropriate to fill your boots :) |
LOL Hemo.....a trait I share too, us mere mortals eh! |
It's a great skill to have. However, on a number of occasions, I have the opposite skill of buying at the intra day high, then having to wait just to break even. :) |
Investors will be looking for more proof statements to support recovery, one of those is insider buying. I believe that the closed period is 30 days pre any quarterly update but 2 months prior to annual account publication. I'm not 100% sure but if so, that's would mean that their bit window closes on 26/1 and the market will be looking for a vote of confidence. Would volume buying at this level be appropriate or inappropriate considering GF's dump at much higher levels although he and the largest shareholder bought in the mid £7 range ? Vistry is continuing buybacks so are currently committed to this program so it would make sense for GF and Co to lad up now ? |
Well done Sikh, my posting frequency is my business - I read loads of threads and rarely comment, but having been on ADVFN the small matter of c.25 years it never ceases to amuse me how many people are bearish on a stock and then mysteriously buy at the intra day low! |
Post 2390...due to time scales lot works are rushed...one example how often do you see scaffoldings back up say after 3 years on new build tower blocks... |
I an aware of all the variables affecting HBs but at this juncture VTY is a recovery play that has now jumped 20% in 2 days. Many investors would be overjoyed with that return, especially if Divis were in play too, that's further down the road. Here's a question, 'what would VTY price be today without the accounting scandal' ? It was trading at a PE of c10+ at its high, now at 6 if we take £300m as 2025 number. Investors are obviously believing that they can still trade at the higher P/E as they continue with their partnership strategy. You state they have to rebuild trust but investors have short memories, especially those who are trading this and a 20% demonstrates that with more to come as short positions unwind. I believe it trades in the £6-7 range in Q1, if it gets to the higher end pre next results, that's a 40% return from the bottom. As I say, short memories . |
Careful I've only made one post. I don't hold any shares. I've been considering buying some but the IC report has put me off. Thats it. Think before you post mate. |
you must be caught in a short position car1pet judging from your posts. |
IC has reported that Vistry is trying to complete 3 houses per week per site. Standard practice is one completion per site per week. |
xclusive |
EdmondJ |
xclusive |
Tanners |
I think the penny is dropping for some |
sikhthetech15 Jan '25 - 13:58 - 2357 of 2383 |
Well as you can see it's hardly moved the share price so I was correct. The numbers, set across the economic backdrop of the last year were certainly not anything that concerned me. Aye compared it against a peak year and it's bad, but that's not what I'm looking for...that'd be good to people who want to buy shares at the top. |
And any short closing would obviously help ! |
ST,If you're investment strategy was short term eg Q1, where do you think the share price is going ? The biggest risk was the accounting saga and I'm sure that they've done a forensic analysis of the business to ensure that there is no further contagion. Secondly, they'd have put the measures and controls in place to ensure this never happens again. If we take that as a given, the only fuel available for the bear case would be poor economic conditions. As I see it, the inflationary news was better than expected that will probably lead the BOE to cut 0.25pts in Feb and sentiment will pick up. If you have a short term strategy then the likelihood is that the share price trajectory is north. You state that they need to rebuild the trust, they do but in the short term until 24 FY results and Q1 numbers, this will trade north in the absence of more stink bombs but I believe that's very unlikely. It's bottomed out and those buying at the recent lows are fortunate whether strategy is short, medium and long term, mine is all 3. Nothing guaranteed and they could stop buy backs which would send a negative message or no insider buying being another reason to support the bear argument. It's bounced 15% from the low and that's a great return for newbies but as of now, the likelihood is that it continues its trajectory north and those trading it can make a killing. Pays your money, takes your chance :) |
.....lol , watch this space ;) |
Type | Ordinary Share |
Share ISIN | GB0001859296 |
Sector | Gen Contractor-oth Residentl |
Bid Price | 581.00 |
Offer Price | 582.00 |
Open | 599.50 |
Shares Traded | 3,391,932 |
Last Trade | 16:35:21 |
Low - High | 579.50 - 606.00 |
Turnover | 3.56B |
Profit | 223.4M |
EPS - Basic | 0.6744 |
PE Ratio | 8.63 |
Market Cap | 2B |
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