BOWOOD
20 Mar 2018
Director No too impressed with the new Directors other diectorships
BOWOOD
27 Feb 2018
RNS Looks as if the company is split 50/50 as far as ownership is concerned but it will need huge funding to build out the program.
BOWOOD
18 Jan 2018
Sales A quick ring round to the agents will tell you that we have still not sold a property. Bit of a worry really when you consider the so called demand for housing.
BOWOOD
23 Dec 2017
Results As expected but interesting to see that there is no cost of borrowing - let's hope that that is the position at the year end. No sales during the period notwithstanding that some properties have been marketed for some time. I feel we can expect a reduction in the stock and work in progress as the for sale properties are sold for a lower figure than book.
BOWOOD
16 Nov 2017
Property Sales A quick ring round the agents will tell you that there have been no sales.
BOWOOD
06 Sep 2017
RNS Good that we continue to get Director support but very bad that we need to do this. There is little prospect IMO that we will see a profit for some time to come and I suspect that the Directors are also working for nothing thus distorting the real cost of running the business.
BOWOOD
05 Sep 2017
Results Although we know the position the published results are later than previous announcements.Could there be a problem with the auditor signing off the accounts with so much debt. The family may choose to make further funding available but why should they? Not a great story I am afraid but they have worked hard for little reward and have had some bad luck on sales. Nearly six months into the new year and the website shows no sales.
BOWOOD
17 Aug 2017
Debt I fear debt is the problem here notwithstanding the family support. Do we know if there has been any sales? Building costs continue as does the cost of borrowing with any anticipated profits being drained. Results shortly should indicate the way ahead.
BOWOOD
04 Aug 2017
Results Should be due in the next couple of weeks. Anyone know if there has been any property sales since the year end?
BOWOOD
31 Mar 2017
Update Good news then. Not many building companies can go a full trading year without selling one house. We did however manage to sell a couple of garages. Going forward it may be prudent not to build any more until what we have has been sold. The Nomad must be very happy as all their forecasts have been quite appalling and such notes are used by some investors to make an investment decision. I thing there is still a compelling reason to sell.
BOWOOD
22 Feb 2017
Re: Year End As expected and again all problems are now behind us. No more forecasts from TRAF please as it encourages investors to continue holding. It's not jam tomorrow but rather the butter to put it on. Perhaps it should be taken private!
BOWOOD
05 Feb 2017
Year End If you look at the website it's clear we are not going to make the sales forecast as several of the properties will not be completed.
BOWOOD
23 Nov 2016
Re: Interims Credibility is a problem when you have the Nomad issuing buy notes - two quite recently both of which have forecasts that will be not be met. In fact I wonder if they will even complete all of the properties they forecast will be sold by the end of March. If a small but larger developer would like a listing then here is an opportunity.
ribs
23 Nov 2016
Re: Interims Morning Bowood,Hardly a lively discussion on this board is it? lol I pop by once in a while as this investment has been relegated to my potentially lost pot... The company needs something to get it moving.... its dire at the moment.... they seem to be pinning all their hopes on the sale of the Speldhurst house which is now post March 17. I appreciate other builders (Barratt for one) have put land purchases on hold after brexit but I really don’t see when the income and growth is going to come from here. If they don’t purchase land themselves, assuming they have the finances to do so, or partner up/join forces with another house builder I really can't see the share price is going anywhere.Hope you have other better investments on the go mate.
BOWOOD
22 Nov 2016
Interims With the interims due in the next couple of weeks or so and no sales to report will we get a positive upbeat for the second half? It looks as if there is plenty going on with the build programme and it seems as if new land is being sought.
