Member Info for Littleaston

Lets Hope so Bigjock, this has been quite a journey. a nightmare in fact. I have limit orders to buy at 378, £100k worth if they drop that low, to bring down my average further.

Meanwhile, the retirement plans of Vistry Group

VTY

5.76%

boss Greg Fitzgerald have not deterred him from buying more of the housebuilder's shares.

He is due to stand down as executive chair after May’s AGM and as chief executive by next year.

The former Galliford Try boss led the turnaround of Bovis and the acquisition of Linden Homes and Galliford Try’s partnerships business in order to create Vistry, which is now a leading provider of affordable, mixed tenure housing.

The shares have fallen by more than 30% this year, with Fitzgerald making his £893,000 purchase on Wednesday at a multi-year low price of 407.2p. He now owns 1.5 million Vistry shares worth more than £6 million and equivalent to a holding of 0.47%.

The 4% are giving the 96% grief.

My order at 380p remains, as I feel we are likely to see it. This is my biggest holding.

£60k limit orders on for the next tranche.

Icecool,

I am very disappointed in the buybacks since results, not much more than 20k shares daily, at these prices you would have expected them to hoover them up, and even ask the shareholders for an approval for more buybacks, rather than pay down debt whilst they remain depressed.

Dow Jones futures is 90 down, please stop misinformation.

Nothing wrong with the company, I will continue buying more.

Remember, those short WILL have to buy them back, then you will see the mother of all squeezes.

There’s a classic set of circumstances for share prices, when a company reports something punters feel is positive, yet the share price crashes.

Vistry has managed this neat trick, their price dropping 25.6% after reporting an impressive rise in profits, despite completing fewer development completions within the full year being reported. And their boss announced his retirement, freeing the company up for younger more dynamic management, a concept which will probably prove to be utter nonsense.

When we had the scandal of overstating profits in the south, everyone was saying Greg should go, as well as separate the role of CEO and Chairman, now he is going the share price drops. It is a farce. This will rebound strongly.

I concur dannyred.

I am in this very deep, currently owning 60693 shares, with limit orders further down the line. When it does turn, it will do so just as quick as it fell.

With a low amount of shares in circulation, the rise up will be fast.

Inside Housing - News - Vistry reports bump in profits as boss retires https://share.google/vAn3c8Rga3uKhxoH3

Must be hard up COO, I have bought more than 50000 compared to his poxy 7000 share sale.

Sell off into the weekend, due to war uncertainty.

@MarkBellUK

Like you have been buying all the way down. This will turn, and when it does, it will rise just as quickly as it fell.

Have been in this for over two years, it has never failed to make me money.

I will continue to buy all the way down. My day will come.

Inge, which market will it be 5.50 tomorrow, as you are well informed.

When the price is on its knees, you expect their brokers to ramp up and hoover all available shares, there has been daily buybacks of around 20000 shares. Hardly breathtaking.

Deutsche Bank Research cuts Vistry to 'hold' (buy) - price target 600 (803) pence

Barclays cuts Vistry to 'underweight' (equal weight) - price target 432 (715) pence

RBC cuts Vistry price target to 385 (475) pence - 'underperform'

There is only 318.64m shares in issue. Those shorting this, will need to buy back.

With such a low level amount of shares in come good soon.

Have bought more holding nearly 50k shares.

Talking rubbish, no one is asking you to buy.

130k spent this morning, was in shock at such a drop.

?