Crest Nicholson Holdings

Crest Nicholson Holdings (CRST)

Crest Nicholson Holdings on the Web and Social Media

Crest Nicholson Holdings News, Fundamentals and Discussion on:

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Crest Nicholson Holdings page on ADVFN
Crest Nicholson Holdings page on London South East
Crest Nicholson Holdings page on Bloomberg Markets
Crest Nicholson Holdings page on This is Money
Crest Nicholson Holdings page on Motley Fool
Crest Nicholson Holdings page on Proactive Investors
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Crest Nicholson Holdings Socially Speaking

Crest Nicholson Holdings RNS, News and Media

Headline

6 Dec 2017
Crest Nicholson Hdgs - Directorate Changefrom Interactive Investor
6 Dec 2017
RNS press release - Directorate Change from Proactive Investors
30 Nov 2017
Crest Nicholson Hdgs - Total Voting Rightsfrom Interactive Investor
30 Nov 2017
RNS press release - Total Voting Rights from Proactive Investors
15 Nov 2017
Crest Nicholson Hdgs - Trading Updatefrom Interactive Investor
15 Nov 2017
RNS press release - Trading Update from Proactive Investors
15 Nov 2017
News - Crest Nicholson sees dramatic slow-down in average selling prices from Proactive Investors
31 Oct 2017
Crest Nicholson Hdgs - Total Voting Rightsfrom Interactive Investor
31 Oct 2017
RNS press release - Total Voting Rights from Proactive Investors
25 Oct 2017
Crest Nicholson Hdgs - Director/PDMR Shareholdingfrom Interactive Investor
25 Oct 2017
RNS press release - Director/PDMR Shareholding from Proactive Investors
18 Oct 2017
Crest Nicholson Hdgs - Holding(s) in Companyfrom Interactive Investor
18 Oct 2017
Crest Nicholson Hdgs - Holding(s) in Companyfrom Interactive Investor
18 Oct 2017
RNS press release - Holding(s) in Company from Proactive Investors
18 Oct 2017
RNS press release - Holding(s) in Company from Proactive Investors
17 Oct 2017
Crest Nicholson Hdgs - Block listing Interim Reviewfrom Interactive Investor
17 Oct 2017
Crest Nicholson Hdgs - Directorate Changefrom Interactive Investor
17 Oct 2017
RNS press release - Directorate Change from Proactive Investors
17 Oct 2017
RNS press release - Block listing Interim Review from Proactive Investors
10 Oct 2017
Crest Nicholson Hdgs - Holding(s) in Companyfrom Interactive Investor
10 Oct 2017
RNS press release - Holding(s) in Company from Proactive Investors
29 Sep 2017
RNS press release - Total Voting Rights from Proactive Investors
31 Aug 2017
RNS press release - Total Voting Rights from Proactive Investors
21 Aug 2017
RNS press release - Holding(s) in Company from Proactive Investors
17 Aug 2017
RNS press release - Holding(s) in Company from Proactive Investors
16 Aug 2017
RNS press release - Holding(s) in Company from Proactive Investors
14 Aug 2017
RNS press release - Director/PDMR Shareholding from Proactive Investors
3 Aug 2017
RNS press release - Director/PDMR Shareholding from Proactive Investors
3 Aug 2017
RNS press release - Director/PDMR Shareholding from Proactive Investors
27 Jun 2017
RNS press release - Analyst & Investor Day from Proactive Investors
13 Jun 2017
RNS press release - Half-year Report from Proactive Investors
30 May 2017
RNS press release - Holding(s) in Company from Proactive Investors
25 May 2017
RNS press release - Director Declaration from Proactive Investors
16 May 2017
RNS press release - Trading Update from Proactive Investors
16 May 2017
News - Crest Nicholson expects10% full year revenue growth as it raises property prices from Proactive Investors
28 Apr 2017
RNS press release - Total Voting Rights from Proactive Investors
25 Apr 2017
RNS press release - Directorate Change from Proactive Investors
24 Apr 2017
RNS press release - Director/PDMR Shareholding from Proactive Investors
18 Apr 2017
RNS press release - Block listing Interim Review from Proactive Investors
11 Apr 2017
RNS press release - Director/PDMR Shareholding from Proactive Investors
6 Apr 2017
RNS press release - Director/PDMR Shareholding from Proactive Investors
30 Mar 2017
RNS press release - Director/PDMR Shareholding from Proactive Investors
23 Mar 2017
RNS press release - Result of AGM from Proactive Investors
23 Mar 2017
RNS press release - AGM Statement from Proactive Investors
23 Mar 2017
News - Housebuilder Crest Nicholson says trading environment has "remained generally robust" from Proactive Investors
9 Mar 2017
RNS press release - Director/PDMR Shareholding from Proactive Investors
9 Mar 2017
RNS press release - Director/PDMR Shareholding from Proactive Investors
6 Mar 2017
RNS press release - Director Declaration from Proactive Investors
3 Mar 2017
RNS press release - Total Voting Rights from Proactive Investors
3 Mar 2017
RNS press release - Holding(s) in Company - Replacement from Proactive Investors
3 Mar 2017
RNS press release - Director/PDMR Shareholding from Proactive Investors
28 Feb 2017
RNS press release - Total Voting Rights from Proactive Investors
23 Feb 2017
RNS press release - Director/PDMR Shareholding from Proactive Investors
20 Feb 2017
RNS press release - Holding(s) in Company from Proactive Investors
17 Feb 2017
RNS press release - Holding(s) in Company from Proactive Investors
13 Feb 2017
RNS press release - Directorate Change from Proactive Investors
13 Feb 2017
RNS press release - Annual Financial Report from Proactive Investors
8 Feb 2017
RNS press release - Director/PDMR Shareholding from Proactive Investors
30 Nov 2016
RNS press release - Total Voting Rights from Proactive Investors
28 Nov 2016
RNS press release - Holding(s) in Company from Proactive Investors

Crest Nicholson Holdings Charted

Crest Nicholson Holdings Discussion on Interactive Investor

Re: The bounce is on by BuySel

  Sun, 19 Nov 2017 22:49:00 GMT
nice rise again last Friday and now news of the Chancelor is going to give us good news on the Budget.

The SUNDAY TIMES -19th November 2017,

Budget: Philip Hammond pledges to build 300,000 homes a year

Philip Hammond will use the budget this week to announce plans to build 300,000 homes every year — the equivalent of a city the size of Leeds.

The chancellor has revealed that he will unveil billions of pounds of extra investment, plus new powers and planning rules to ensure construction firms start building on sites that already have planning permission.

In an interview with The Sunday Times, Hammond said the government would stage an “intervention” because the market for developed land “is broken” with 270,000 unbuilt residential planning permissions in London alone.

Hammond vowed to do “whatever it takes” to get builders building and pledged that “the next generation will have the same opportunities as their parents to own a home ”
By BuySel

The bounce is on by BuySel

  Thu, 16 Nov 2017 16:12:00 GMT
From the start of the day, plenty of profit taking as it was reaching higher, thee best was 531p

currently 522.50p as profit taking still goes on after the large rise

Best performer of the house builder
By BuySel

Re: Hmmm by PacificSailor

  Wed, 15 Nov 2017 16:02:00 GMT
I can't see it staying down for long.
Other builders' reports have not been so good, which has perhaps cooled the sector.
As you say this is a buying opportunity, especially as there are no recorded shorts on Shorttracker.
By PacificSailor

Re: Hmmm by malj1

  Wed, 15 Nov 2017 14:28:00 GMT
Well I've trawled the IMS & was in the conference call. I saw nothing to warrant this sell off. CRN to me looks wildly anomalously (under)valued both in general & compared to any other builder. For this valuation to hold true you'd have to assume a/ part of the business will comprehensively implode & b/ they comprehensively fail to deliver on their s-curve.

So gulp .... big big buying @ £4-80 & I'll probably be back again. We shall see!
By malj1

I agree by Greyinvestor

  Wed, 15 Nov 2017 09:15:00 GMT
All the housebuilder results are similar. Everything flattening off. Directors clearly did sell at the top.

But....the valuations are exceptionally modest, the yields are excellent. In my view they are still good Value stocks.

There are, of course, risks with interest rates and the Help to Buy scheme. In my view they are priced in.

There is also the seasonal factor. Housebuilder shares always seem to fall now and rise in the spring.
By Greyinvestor

Hmmm by Gooffy

  Wed, 15 Nov 2017 09:06:00 GMT
Why the large sell off

Figures look ok to me, low pe and good divi.

stumped

By Gooffy

Modest holding by Greyinvestor

  Fri, 21 Jul 2017 13:47:00 GMT
I should have held onto my stake, and just bought it back. I'm hoping that these guys keep plodding on
By Greyinvestor

The results are out by PacificSailor

  Tue, 24 Jan 2017 07:53:00 GMT
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.
By PacificSailor

NEW ARTICLE: How to analyse housebuilders by II Editor

  Mon, 15 Aug 2016 18:06:00 GMT
"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
By II Editor

Re: Sold out by John_S

  Wed, 27 Jul 2016 16:53:00 GMT
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.
By John_S

Sold out by Greyinvestor

  Tue, 26 Jul 2016 10:24:00 GMT
Sold out again for a 22% gain, will happily buy back in if they fall back....
By Greyinvestor

First purchase by Greyinvestor

  Thu, 07 Jul 2016 08:09:00 GMT
First purchase today at around £3.38. I may be mad, but this feels cheap enough to me to compensate for risk...
By Greyinvestor

Most Undervalued Post Brexit by 464onlock

  Sun, 03 Jul 2016 11:02:00 GMT
finding stocks to be substantially trading below intrinsic value, however, that may go down as analysts adjust their cash flow estimates to the new market reality
i came across CRST, quite beaten down
LINK
By 464onlock

Brexit fears weighing on Crest? by Simbr

  Wed, 15 Jun 2016 11:32:00 GMT
"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)
By Simbr

Beaufort note - Research Tree by FoxRed

  Tue, 17 May 2016 13:20:00 GMT
Read Beaufort Securities's note on CREST NICHOLSON HOLDINGS (CRST), out this morning, by visiting https://www.research-tree.com/company/GB00B8VZXT93

"Crest Nicholson remains well-positioned to continue delivering strong operational and financial performance. Also, the company remains on track to reach its stated target of £1bn in revenues in 2016. Meanwhile, the land market continues to offer good opportunities as the business has maintained a disciplined approach to land acquisitions. Overall, the housing sector continues to witness strong demand for new homes due to robust employment conditions and good mortgage access. However, uncertainty surrounding the Brexit referendum may affect the company due to nationwide presence. Beaufort downgraded its overweight stance on the entire sector some weeks back, during which time the rating on Crest Nicholson was also revised downwards formally from 'Buy' to 'Hold'. Following yesterday's trading statement, Beaufort has not yet revised its recommendation but recognises that the sharp correction recently experienced across the sector now prices in much of these concerns. Anticipating a 'remain vote' on 23rd June..."
By FoxRed