Member Info for Rojen3

That's how I read it Sparhawk also

I agree, they don't know everything

A number of times, it seems to be a jump on the bandwagon kind of scenario

I've seen this happen a few times

I saw the same when I was buying Ashtead Technology (AT) a number of months ago at £3 per share, shorts were around 13% at the highest point from memory, when the share price was at £3 per share

The business looked extremely cheap (as does Vistry, with around 50p EPS for this year) and I loaded the truck at that price and many people on the AT forum were getting scared off by Shorts and selling, which is kind of what they hope for when they pile their Shorts onto a share

I sold my AT holding at £5.30 per share, just over a month ago, 76% profit

We don't have an orb, but they certainly aren't always right

GLA LTH here :)

Certainly does seem like things are being recycled over and over again the last number of months in the news for Vistry

Yes agreed Rick, happy to keep accumulating at these levels, that's a good size holding you have, that should reward us with patience here

I also hope that the new CEO looks to reinstate the divi

The Basic EPS for this year based on expectations of what I calculate looks to be around 51p per share, certainly looks like they can pay down debt, pay a divi and announce a new Share Buyback porgramme all at the same time IMO

I'm in for 17,500 shares currently

Looking to add more when funds allow

GLA LTH :)

I agree with Chris, not too keen on a takeover (unless of course in the NAV not including Intangibles range or more at least)

At these prices would likely be well short of Vistry's long term potential returns IMO

To be honest, I really have no idea how Tim is still in a job after overseeing and being responsible for, like you say, 4 profit warnings

Let me guess Gary

"I sold out last thing this afternoon, this is going so much lower"

GLA LTH

Yeah noticed shorts down almost 2% when the share price closed at just above £2.79, now at £2.64

I'll be buying more tomorrow at these prices and if it drops

It almost has already

Crest down 83% at this point, from this time 5 years ago

Vistry down 71.08% at this point, from this time 5 years ago

Gary you're in and out like a yo yo

That journalist really has what looks to be a personal grudge with Vistry, strange they didn't write about it when the share price was over £7 a few weeks ago and only now when there's a number of new shorts on the stock and peak Fear on the stock

"Inexperienced" is hilarious, considering where the UK economy is currently at and has been heading under Labour and Tory policies

Sorry but whatever happens, we know that the actions and decisions of the current Government and the previous Government have been absolutely rubbish and isn't working for the UK and UK economy

I've seen this multiple times now on other listed companies, when shorts play their games and play on the fear with a company, releasing articles and trying to find old skeletons in the company's closet to bring them up

One example recently(ish) that I hold was Metro Bank, I saw so many negative/fear inducing articles appear out of the blue after it's huge drop to 30p per share, I'm now up over 200% on that share, I'm very glad I ignored the noise and bought lots of it at 33p per share, as Metro looked very cheap

You habe to ask yourself, where were all these bad headlines before the most recent update and Vistry was trading over £6 - £7 a share, even after the Iran war had already started. They're driving it down to get the cheapest prices possible to buy Vistry shares IMO

The update was decent, it looks extremely cheap on a historical basis and compared to the other housebuilders

GLA :)

Massive CEO buy and increased share buyback to almost 4 times the original amount each day, Vistry are doing all the right things at the current time IMO

Very happy to see that, wise decision Vistry :)

*investing

Shorts will always play their games, but just focus on fundamentals of a company and value

The story and investment case with the last update from Vistry hadn't actually changed anything

I've in my years of inveating lost more money on good value shares before, when worrying about shorts and short levels, which leads me not ot invest in them/or not buy very much of them, so I learnt my lesson to generally ignore it, if a stock looks great value and has future potential, then it does, so invest

Shorts may play their games here, but have no doubt ythat on the long term, this looks like a bargain IMO and I personally would have regretted not loading the boat

GLA