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Thanks for the info
It will follow the agenda.
https://www.vistrygroup.co.uk/investors/shareholders/agm/2020
as anybody herd about pay cuts and redundancies in tomorrow’s AGM
Good evening. A meeting is being held in person but uninvited shareholders are not permitted. So it will be even shorter followed by an already prepared RNS.
Hi Raleigh I would have liked to have gone to morrow but would be grateful for an update from someone attending on this board, this company has some large contracts to get on with and I can see Mr Gerald Fitzgerald is a diamond
tomorrow may result in a very brief Covid 19 update - safe business continuity is probably the best that can be expected.
The ongoing emphasis of provision of homes to housing associations and the like for rental may in the shorter term prove to be something of a useful differentiator, with government conversely suggesting to local authorities they should delay section 106 provisions to kickstart private development.
Hi lolmcshizz a pretty good move up , good luck with your portfolio .
Gone skywards today - holding up the rest of my portfolio!
Hi Veteran10 great buy for your ISA the upside is it could double in 18 months as it was £14.91 before Covid in Feb. Regarding the broker it means HSBC are going to give a regular view of the stock a broker note after analysing the company hope this is helpful good luck Veteran10
I see vty is still ex dividend does this mean that those who buy now will not get the next payment whenever it is
Thanks Blueberries. The same back to you.
Great acquisition I agree. What has also impressed me is the strong leadership from the top. Greg is going a great job.
Vistry are going back to work on some sites next week
Hi Captain you no doubt looked at the recent aqui
The acquisition in January looks transformative , nice to see someone investing well Captain !!
I make regular purchases of this through my ISA. So before I am attacked, I am a genuine holder with a long term view. A joint broker RNS though means a placing is coming short term in my opinion.
Who bought half a million quids worth ???
Agreed Blueberries. This is by far my biggest holding. Could be a life-changing share for me.
This is my top pick share to buy
In January it bought Linden homes for £1.1 Billion and have transformed the company with this clever purchase . Since the deal the company has signed some good housing association contracts. Take care and stay safe.
All housebuilders were up strongly yesterday, those that have fallen the furthest are obviously rising the quickest.
Talk bout a leaky ship with yesterdays's performance news ? Shame.
Nice to see that the board are continuing to draw their rather large salaries ... meanwhile ... me, who relies on dividends has taken a 100% cut in income for the whole year ... and probably a reduced income thereafter as the dividend is "rebased".
Interesting to see isn't it how every builder regardless of cash position is cancelling the dividend at the same time ... kind of smells doesn't it.
Quite the case of "I'm all right Jack, pull up the ladder".
Fantastic opportunity to buy now at these levels, especially considering management buys
Very unhappy with the management on this one. They have to go for this debacle. Out of their depth. Fortunately I have only a very small holding but the principle does not sit right. I will add to my other house builder stocks but no more here.
I know many will have seen the RNS today cancelling the second interim dividend of 41p that would have been paid on 29th May to holders on the register on 27/12/19. This cancelling of a dividend which has already passed the exDiv date seems to be a fashion with builders at the moment ... and is much to be discouraged.
But leaving that aside ... there's a real question here. When GFRD and VTY did their thing, the old VTY shareholders kept the final dividend all to themselves by fudging the exDiv date to before the merger was complete and pushed the GFRD holders out in the cold, even though the new VTY shares ranked pari passu with the old ones ie were identical.
Now when VTY do get around to issuing a dividend again ... seems to me they will have to do it for all of us, regardless of the GFRD/VTY thing. In that sense, this could be an advantage to a GFRD investor. But only if the board can't come up with some crazy scheme of issuing a dividend or capital return to people on the register at a time in the past.
Does anyone know if and how they could do that ... ?
This was on my Watchlist and had not checked for a few days? Have I missed something or is this just a drastic fall?