Member Info for Chalumaux

Could the weakness in housebuilding shares be because the Government's Mortagage Guarantee scheme ended on 30 June and no replacement has been announced?

American Airlines

’ first-quarter earnings outlook on Thursday fell short of analysts’ estimates, sending its shares down nearly 9%.

The carrier forecast an adjusted loss per share of 20 cents to 40 cents for the first three months of 2025 based on current demand trends and a fuel price forecast, a wider loss than the 4 cents analysts were expecting, according to LSEG.

The airline said it expects unit costs, excluding fuel, to rise in the low-single-digit percentage points over the first quarter of 2024 driven by lower capacity, which it expects to fall as much as 2% over last year; a higher mix of smaller, regional jet flying; and new labor agreements it finalized last year.

The earnings outlook contrasts with sunnier forecasts from rivals United

and Delta

earlier this month, though American’s full-year earnings forecast of between $1.70 and $2.70 is in line with analysts’ estimates.

Is their a continuation vote due in a year or so?

Read Persimmon statement - thats whats hitting HB pricing

I hope " an oven-baked supply of consented sites" doesn't imply too much cooking.

Mountview offered lot 12 in today's Andrews and Robertson sale - a vacant long leasehold ground floor on bed flat in Melbourne Road, Ilford. The guide price was £195K +. The flat sold for £370 K. Healthy result.

One of those trades was obviously a buy, and maybe the buyer want's more stock, hence the offer price rose.

Very confident. Good to see a proper dividend at last. Excellent debt profile. This stock continues to be a a first class investment. Scrip will help marketability.

In their post auction press release for their residential auction today (07.02.17) Barnard Marcus include this snippet of information:- "Mountview Estates PLC offered 6 lots and achieved 100% success rate with their sale prices combined at £1.774 Million, more than 20% above the guides"

Ignore prevoius message. MTVW WILL BE excluded from the All Share Index on 17 Jun 2016 on liquidity grounds.

Well MTVW not excluded from All Share Index after all. http://www.ftse.com/products/index-notices/home/getnotice/?id=1535523

There seems to be some likelihood that MTVW will fail the liquidity test for the All Share on June 17 and thus be expelled from the Index. This may produce some price weakness over the next three weeks, and could be a good buying opportunity. Price levels on Mountview-type housing assets continue to be strong even in the London area, where the market up to £700K has remained buoyant this spring, as the Grainger management commented in their analysts meeting last week. MTVW NAV could well now be north of £200 per share (pretax).

See http://www.bbc.co.uk/news/science-environment-34075611

Dividend yield perhaps

http://www.helical.co.uk/~/media/Files/H/Helical-Bar-V2/hb/pdf/investor/finreports/2015/preliminary-results-2015-presentation.pdf

Plumpicker - Attendees at the AGM last year heard Mr Sinclair say that we was considering retirement. The business model has finite life as housing let on pre 1982 regulated tenancies becomes scarcer and scarcer over the next few years. An eventual sale or winding down of the business is a distinct possibility, but the board is likely to take its time considering all the options. Meanwhile the business is still likely to be growing more valuable day by day. The recent publicity may have attracted buyers with rather shorter term boredom thresholds than Mountview's customary shareholders - guess they want to move onto something zippier - which leaves stock for us to buy at a lower price. Patience is required with this share.