Member Info for MarkBellUK

I totally get sitting on a loss is not easy but it all depends on timescales as im prepared to wait years for a decent return

On the one hand materials and labour are never realistically going to get cheaper now and an operating profit of 5.94% isnt great (Was 1.59% yesterday just updated?) but they have reduced debt, increased FCF and working capital and "company trading well below tangible book value, despite them transitioning to an asset-light model where that tied up capital will be freed and eventually returned to shareholders"

However Im under no illusion there is an element of risk but IMHO this is far less than the markets perceives (currently at least)

cxs1 not sure on the logic selling at a loss to preserve capital for an upturn? Surely if you think there's likely to be an upturn add whilst low, else sell and get out completely IMHO?

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Just read:- "planning applications for new housing in England hit a 10-year high in 2025. - Is it time to take a closer look at housebuilders?"

Ironically ive worked in the sector since 1999 so fully understand margins pressures first hand. However at this price the value is incredible - 100% contrarian play now.

Already sitting on a decent lose on VTY but here's the rub. Doing nothing is not an option. Reassess and either sell and take the hit if you'd made a mistake or buy more. Doing nothing is not an option because if it goes down further you should have sold, if it goes up you should have bought more...currently chasing this all the way down to who knows where??

Amazing results...im nearly breaking even after what feels like 32 years ;)

Ps Chartist's we just hit a Strong Low which is very unusual (no sh*t Sherlock ;)

Interesting...

https://ibb.co/pv4GNPqW

PS Should have waited but didnt imagine this could/would happen

Your not wrong GaryDav

....be hasty in getting in, not hasty getting out ;)

PS I've missed the bottom buying seven times already today and Im still going ;)

Analysts are positive try and find the new Stifel report..

"the scale of today’s share price fall appears to exceed the size of the warning and puts the company trading well below tangible book value, despite them transitioning to an asset-light model where that tied up capital will be freed and eventually returned to shareholders."

PS who's Mr Buffer ;)

When others are fearful be greedy

Its only one broker..From the set you have 1 Sell 1 Hold 6 BUY 4 Strong Buy

1350 is the lowest of all, the median target is 2199.41 with the highest being 2648.78

Definitely this is deep into oversold

Commentary seems decent "Revenue +6%, operating profit -12%, reflecting the impact of a legal settlement. “Core” operating profit up 3%. 2026 outlook: revenue growth 2% to 4%, core operating profit $720m to $770m (2025: $741m)."

Good to see things moving here. Any ideas what's causing this swing. Shorts closing maybe??

Thanks Stoopid

Also do you have anymore on the "The public reporting on the CAT dispute" this verses a hell of a lot of shorts now. Info would be helpful on said pending judgement

I'd love to know where this gets availability of only 100,000 shares from a free float of 42 million. Im not saying its wrong but would like to know the source

Yea it whipsawing yet managing to keep within quite a tight trading range, circa 315-330

Im hoping this is a break out signal but only time will tell

Broker seem to forget that underwriters and the like need to allow external brokers access via API to retrieve quotes. Whilst AI can forecast it can't access realtime quotes from where it has no authority

Bought in too although a little higher

Looks well oversold IMHO

Stockopedia has just upgraded this ...very large sized user base

One is Panmure Gordon todays is Panmure Liberum