A seller with 16.5 million shares to go is holding back the price ofr the moment. The latest broker's is 530 however and while they trade for their clients, this is a pointer to the value in UK house building today.
21 Mar '14
Why the sell off
A hugely successful business and you feel that dark forces are holding back the share price. I bought at 360 and was planning to sell just before 400. But really, so much good news out there I figured it would continue a breakout past 400 and roaring on. But no! Profit takers I guess. It'll be back shortly for an assault on 400 that will be as easy as the Russians in Crimea.
12 Feb '14
10% for sale
Persimmon to buy into Crest nicholson
3 Feb '14
This price should be higher
Why is this not risen after the results where excellent ? what and who is holding it back very strange .
29 Jan '14
Why is Crest's P/E circa 12.2 whilst the house builders average is circa 16 with some over 20?
29 Jan '14
Over 1.25 million shares bought on 28 Jan and so far on 29 Jan. Very strong demand since results announced. Why hasn't the share price risen further?
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