Primary Recommendation

Crest Nicholson - Cluster director buying highlights deep value

November 2020

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

As the UK emerged from the credit crunch I recall a halcyon period where TMI featured several house builders at such a low base that it was impossible to fail to make money, thanks to low interest rates, quantitate easing and Government support schemes. One such recommendation was Crest Nicholson at 275p in April 2013 with the shares going on to peak at 655p in 2017 as well as throwing off 135p in dividends. While history never exactly repeats itself, it often rhymes and we believe conditions will shortly become as favourable for buyers as they were then. In particular, fears of an impending second lockdown have again hammered house builders but we believe these falls are overdone.Crest Nicholson, which operates in the South and H ...

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Boohoo Group

Crest Nicholson (March 2024)

Crest Nicholson (January 2024)

Crest Nicholson (January 2023)

Crest Nicholson (September 2022)

Crest Nicholson (May 2022)

Crest Nicholson (January 2022)

Crest Nicholson (August 2021)

Crest Nicholson - Shares soar over £4 (May 2021)

Crest Nicholson (March 2021)

Crest Nicholson - House builder smashes forecast (December 2020)

Crest Nicholson (March 2018)

Crest Nicholson (July 2017)

Crest Nicholson - 41% eps growth forecast between FY'17 - FY'19 (April 2017)

Crest Nicholson - Prospective PE is just 6.4 (January 2017)

Crest Nicholson - Another housebuilder on basement PE of 5.7 (August 2016)

Crest Nicholson (March 2016)

Crest Nicholson - New target to increase home sales from 2,530 to 4,000 by 2019 (August 2015)

Crest Nicholson - Shares hit all time high (March 2015)

Crest Nicholson - 2016 eps upgraded from 43.3p to 52.2p (August 2014)

Crest Nicholson - Capacity being increased (March 2014)

Crest Nicholson - Better than expected reservation rates (November 2013)

Crest Nicholson - Forward sales 50% ahead of prior year (August 2013)

Crest Nicholson (June 2013)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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