Yes - still have faith in the share. Holding 24000 shares since Nov09. Bought in at 416.4 so sitting on some profit but intend to hold long term. This company has no debt which will mean good margins on house sales. The potential for a rapid return to dividends (which will once again engage the pension funds etc) and the fact that it will be seen as a target on any sector consolidation plays (Persimmon, Hugh Osmond etc) will also drive the price further. Soooooo quiet on this board. We need some of the posters from the likes of the PXS board.
You have taken the words out of my mouth about GTTB. Would that he would bring some life to this board!
I agree - results in line with analyst predictions so the SP will drop for a day or two - although I expected a greater drop when I saw the results. They flagged the add-back of the provision for months but in the end only added back enough to give them a marginal profit - no wonder the markets are lukewarm to the results.
So there is life out there! sometimes think that I am the only Bovis investor who looks at this board. The Bovis SP has lagged the other builder SPs for the last 3 months. Hoping for something more on Monday to what the analysts expect. If it is on or below analysts' expectations then you can expect a drop to 360 or slightly below. If it contains some pleasant surprise such as a write back we will hopefully see it hit 420-440 again. Are you already in?
This SP has moved within a predictable range for months - 384 to 440. It will hopefully come back soon although it does not rise at the same pace as TW and BDEV - funny though that it drops at the same pace!