Pillocio
09 Jan 2017
Re: Trading Statements I'm assuming the FD will just have to do a copy and paste, change a few dates from last year and increase the figures (no of builds, profit etc) slightly. Then back to the Gin and Tonic.Anything else and I will be worried.
wader2
09 Jan 2017
Re: Trading Statements "A post from from TC/HC saying house prices are going to fall?! Well I never - there's a surprise"Not where I am sitting. But certainly mixed messages. We are actively looking to buy but are quite flexible in location. Some are too expensive, slightly further north the same house is cheaper. The builders we have asked have all sucked their teeth and said nothing available and prices sure to rise.Then we have been deluged with offers whereas in December they didnt want to know.
malj1
09 Jan 2017
Re: Trading Statements Bovis certainly forgot to finish their units - most likely v poor sub contractor site management. But they still sold them, with folk queued around the block. That tells you all you need to know about the demand for housing. What's that? A post from from TC/HC saying house prices are going to fall?! Well I never - there's a surprise.
Hydrogen Economy
09 Jan 2017
Trading Statements Busy week for builders, GFRD Tuesday, TW Weds and BDEV Thursday, Trading statements that is, thankfully not some depressing Craig David sequel where they go house hunting.Hopefully no repeat of the Bovis "oh we forgot to build some" moment.H2
fitcontroller
06 Jan 2017
Re: info does not count the big special. that is why.
emptywallet
06 Jan 2017
Re: info 8.7% yield ? - not according to the figures on fundamentals page, it is sub 1%
wader2
06 Jan 2017
Re: info I certainly plan to buy more but only later this month, just a question of timing , hopefully when the spot light moves elsewhere.
fitcontroller
05 Jan 2017
info Highest yielding blue-chipTaylor Wimpey looks like it has the most to gain over the next few months, with a target price of 239p, implying 56% upside. It's also the highest yielding stock on the FTSE 100, boasting 8.7%.
fitcontroller
05 Jan 2017
a no brainer only a fool would not have these and/or Berkeley as a major holding in any portfolio
wader2
05 Jan 2017
Re: TW. Chart Breakout. One lives in hope. Bought at 154 last month. Now given the reports quoted above, in my experience, now is NOT a good time to buy. The reports are no doubt the cause of the rapid rise yesterday and today.
oldjoe1
05 Jan 2017
TW. Chart Breakout. TW. Taylor Wimpey......finally bought a house builder and this one looks the pick. Good item on the sector below the chart.<img src="[link] housebuilders offer 30% upsideHarriet Mann | Wed, 4th January 2017 - 17:54</u></b>Why housebuilders offer 30% upsideThe reward for taking the plunge into risky equities sometimes looks too good to miss. Prime minister Theresa May's imminent triggering of Article 50 has clouded the horizon for housebuilders, certianly, but the sector's tasty dividend yields, strong cash generation and 25% return on capital could mean 30% upside for share prices, the numbercrunchers at Deutsche Bank reckon.While Britain's decision to leave the European Union came as a surprise, the real shock came from the stockmarket reaction. To reflect that, the analysts at Deutsche have adjusted their numbers to reveal significant untapped upside potential, with forecasts returning close to pre-Brexit levels. Pre-tax profits forecasts for 2017 have doubled, with 2018 numbers up by half and 2019 estimates up 20%.But the sector is priced at just 1.3 times net tangible asset value (NTAV), which falls to 1.2 times in 2018. This "overplays" any risk to future earnings, says analyst Glynis Johnson, especially with return on capital employed (ROCE) worth up to three times its cost of capital.Not only do the blue-chips trade with a yield over 6.5%, but their stream of free cash flow give scope for future upgrades - look to Barratt (BDEV), Persimmon (PSN) and Taylor Wimpey (TW.), says Johnson. The mid-caps are flirting with yields of 4.5%, which will provide added support to valuations.With new ministers in charge of housing and a new White Paper due on our desks any time now, the sector could be in line for a fresh bout of volatility. But investors should keep their heads and buy the dips, adds the analyst."We believe any weakness in share prices around this time should be used as a buying opportunity with the sector likely to demonstrate steady reassurance through the year with its continuous cycle of trading updates."Admitting the sector trades "relatively homogeneously", Deutsche has just upgraded McCarthy & Stone (MCS) to 'buy', joining Barratt Development, Berkeley Group and top pick Taylor Wimpey. Losing some of its shine, Bovis is cut to 'hold' as operational hiccups start to dent confidence.[link] yielding blue-chipTaylor Wimpey looks like it has the most to gain over the next few months, with a target price of 239p, implying 56% upside. It's also the highest yielding stock on the FTSE 100, boasting 8.7%."This meaningful, well covered yield in combination with the reassurance on future profitability and cash flow that its strong strategic land bank offers should become further appreciated in 2017 as investor nerves on the Brexit impact on the sector are proved to be overstated," says Johnson.McCarthy is next in the pecking order with its target price of 211p suggesting the shares are worth 31% more. Investors have been wary of McCarthy's cautious customer base and lumpy completion timings since its IPO, which has weighed on sentiment.But Deutsche reckons the shares are are "too cheap", especially as it continues to demonstrate its higher margin model and progress on its growth strategy. Its recent 45% slump - the sector's down only 20% - has taken the shares 10% below their IPO price, which has the Deutsche magpies upgrading the shares to 'buy'.Barratt is trading below its sector average with a P/TNAV of 1.2x for 2017, which Johnson also flags as "too cheap". Barratt's strategic land bank is on the small size and its exposure to Greater London is certainly higher risk, but the housebuilder should lead the sector with
earnacrust
30 Dec 2016
Re: H2 Headlines Squirrel try [link] search box will give details for most stocks
millwallfan
25 Dec 2016
Re: H2 Headlines Click on analysis on the bar above and then fundamentals and all will be revealed as if by magic.
squirrel monkey
25 Dec 2016
Re: H2 Headlines anybody know what date you have to told the shares on to get the div's? I have a reasonable holding but if they are paying out 13p a share may well be worth getting more.
psmith64
15 Nov 2016
Re: Tangentially Holland44....I guess my circumstances differ to some at the moment.I was fortunate to make a substantial return here in a short space of time over the prevailing three years before Brexit....as was the case at Persimmon, Next and Whitbread.With retirement approaching in just over two years my risk profile is not what it once was.Regardless of Brexit the housing cycle is due a collapse....the prices are way to high and unsustainable especially with the uncertainty that still awaits us from Brexit.It wouldn't be a share I would look to re-invest in anytime soon as I see quite a bit of risk attached now and to be honest the money I still have invested is mostly with good fund managers with a track record which suits me at the moment especially the India element that has far surpassed any direct investment most people would have made the last 24 months.I have had my fun and success with direct investment for nearly 30 years and am more comfortable leaving things to the likes of Neil Woodford in these uncertain times as I was more than happy what he did for me at Perpetual over many years.Good luck here...it will be fine in the long run I am sure if you don't need quick access to funds because there is a real chance we could see this drop over the coming years during the Brexit process.
