Gooffy
15 Nov 2017
Hmmm Why the large sell offFigures look ok to me, low pe and good divi.stumped
Greyinvestor
21 Jul 2017
Modest holding I should have held onto my stake, and just bought it back. I'm hoping that these guys keep plodding on.....
PacificSailor
24 Jan 2017
The results are out They look very good to me, and dispelled any remaining fears I had about the effects of BREXIT.It should get back to a proper valuation pretty soon.
II Editor
15 Aug 2016
NEW ARTICLE: How to analyse housebuilders "As cyclical sectors go, it doesn't get much more cyclical than housebuilders.You might think that an environment where house prices are showing only tentative signs of recovery and where funds for mortgage lending are tight might be a negative ..."[link]
John_S
27 Jul 2016
Re: Sold out A quiet board, nice to see your posts Mr Greyinvestor. Crest seemed to be the best performing of the builders today up 10% on the back of Taylor Wimpey's results/comments on the housing market. We will have to wait until 31st October 2016 for CRST half-year results.
Greyinvestor
26 Jul 2016
Sold out Sold out again for a 22% gain, will happily buy back in if they fall back....
Greyinvestor
07 Jul 2016
First purchase First purchase today at around £3.38. I may be mad, but this feels cheap enough to me to compensate for risk........
Simbr
15 Jun 2016
Brexit fears weighing on Crest? "Crest Nicholson’s delivery of yet more excellent operational and financial results was, perhaps, best demonstrated by the Board choosing to hike its interim dividend by +42%. Understandably, however, the CEO adopted a cautious tone ahead of the EU referendum on 23rd June, recognising the possible impact on consumer confidence and setback in house prices that could potentially ensure should the Bank of England feel obliged to protect Sterling with a short-term rise in interest rates, or should the UK rapidly enter recession amid financial markets turmoil and uncertainty. The markets which have, of course, been discounting such factors for some time already, further punished Crest Nicholson yesterday pushing its share price down -7% as BREXIT fears compounded. The fact that positive fundamentals are presently being ignored in favour of fantasies of worse-case ‘what if’ economic scenarios does, however, present investors who possess very firm opinion regarding the BREXIT outcome with an important buying opportunity. Housebuilders, like Crest Nicholson, that have been amongst the worst punished on BREXIT fears should be considered an obvious trading play for those choosing to do so through cash-equities investments. While history reminds us that UK housebuilding can be a viciously cyclical place in which to operate, the current background of low interest rates, more relaxed planning, government subsidies and obvious undersupply at a time when smaller, traditional, jobbing builders are being all-but squeezed out of the existence, suggests the larger quoted vehicles have rarely had it so good. Crest Nicholson itself has continued to deliver on best expectations, presently remains well-positioned to deliver its target revenue of £1bn by October 2016, rising to £1.4bn (on delivery of 4,000 homes) by 2019. Beaufort has recently taken a brave stance on the UK housebuilder and building material sectors, revising its overall stance from ‘Neutral’ back to ‘Overweight’. Although financial markets do routinely overshoot, the sectors’ share prices now appear to largely discount realistic expectations. Following yesterday’s fall, Crest Nicholson looks almost ‘bargain basement’ given a current year P/E of 8.4x, a P/NAV 1.83x and a full year yield 5.5%."Beaufort note 15/6/16(taken from research tree)
II Editor
29 Jan 2016
NEW ARTICLE: Share of the week: Raise the roof with knock-out yield "Buyers rejoiced after LSE:CRST:Crest Nicholson, safely on the road to recovery after a 2011 shocker, released its 2015 breakdown this week. Operating in a healthy market, the housebuilder is not only on track to make over £1 billion in sales this ..."[link]
oldjoe1
01 Dec 2015
Re: CRST, Broker BUY note. <b>Crest Nicholson Holdings PLC (CRST) Given “Buy” Rating at Peel HuntNovember 30th, 2015 • 0 comments • Filed Under • by ABMN Staff</b>Crest Nicholson Holdings PLC logoCrest Nicholson Holdings PLC (LON:CRST)‘s stock had its “buy” rating reiterated by Peel Hunt in a report released on Monday, MarketBeat.com reports. They currently have a GBX 675 ($10.21) price objective on the stock. Peel Hunt’s price target would indicate a potential upside of 28.61% from the stock’s current price.Several other research analysts also recently commented on CRST. Deutsche Bank reaffirmed a “hold” rating on shares of Crest Nicholson Holdings PLC in a research report on Friday, August 21st. Barclays reissued an “overweight” rating on shares of Crest Nicholson Holdings PLC in a research report on Wednesday, September 2nd. Goldman Sachs upgraded Crest Nicholson Holdings PLC to a “conviction-buy” rating and raised their target price for the stock from GBX 590 ($8.92) to GBX 790 ($11.95) in a research note on Wednesday, September 9th. Finally, JPMorgan Chase & Co. upgraded Crest Nicholson Holdings PLC to an “overweight” rating and lifted their price objective for the company from GBX 600 ($9.08) to GBX 650 ($9.83) in a research note on Monday, November 2nd. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Crest Nicholson Holdings PLC has an average rating of “Buy” and an average target price of GBX 640.87 ($9.69). Crest Nicholson Holdings PLC (LON:CRST) traded up 3.4682% on Monday, hitting GBX 537.0000. The stock had a trading volume of 463,780 shares. Crest Nicholson Holdings PLC has a 52-week low of GBX 342.00 and a 52-week high of GBX 598.50. The company has a 50-day moving average price of GBX 524.28 and a 200 day moving average price of GBX 542.28.Crest Nicholson Holdings Plc, formerly Crest Nicholson Holdings Limited, is engaged in the design and delivery of sustainable housing and mixed-use communities. The Company’s product range includes houses, apartments and commercial units on mixed-use developments. Its regional house building divisions consist of Eastern, South, South West and London. The Company focuses in the southern half of England with an emphasis on creating designed homes in sustainable communities. As of October 31, 2012, the Company had delivered 1,882 homes
oldjoe1
01 Dec 2015
CRST, Broker BUY note. CRST Crest NicholsonLobbed out yesterday afternoon I think....Crest Nicholson Holdings broker viewsDate Broker Recommendation Price Old target price New target price Notes30 Nov Peel Hunt Buy 541.25 675.00 675.00 Reiterates
oldjoe1
01 Dec 2015
CRST, Breakout On Chart. RST Crest Nicholson Holdings (Builder)CRST Crest Nicholson , hoping for this one to rise back to year top at 600p on back of recent government housing stimulus. [link]
janebolacha
06 May 2015
CRST into "Build to Let". [link]
LoadsaDosh2
28 Jan 2015
Re: Director's sale of shares Maybe he just wants a new car or ....thinks the share price has got ahead of itself. To be fair, he was locked in a close period prior to the results so maybe he just needs the money. I have followed suit though and taken th eopportunity to sell today for 400p. Out for now.
janebolacha
27 Jan 2015
Director's sale of shares So why, after these quite positive results, has Mr Evans sold 350,000 shares at 382p?And on today's spike up?
