Sunday Long Reads: Death of a Sherlock Holmes fanatic, Islamic State family, Monetising Nothing, Bad Electric Vehicles, Boat Accident
Hello, Share Twiddlers. The house builder formed from a merger between an arm of Galliford Try and Bovis has reported a big Covid hit. But now the pandemic approaches its final months, we can expect better from now on. Especially as the Chancellor has extended the stamp duty holiday...
Hello Share Guzzlers. A big national survey found that my home town is second on the list of ‘the best UK places to live after Covid’. As I’m trying to sell my gaff, that’s nice news. This report chimes with other evidence that people are becoming fed up with their homes and are seeking nicer places in which to live and work from the kitchen table. So shares in housebuilding firms should continue to rise...
Hello, Share Trudgers. Continuing my support for housebuilders, may I bring to your attention Vistry Group (VTY). Now if this is a builder unknown to you, let me remind you that it was formed when Bovis bought the Linden Homes arm of Galliford Try. So no lack of experience, then...
Hello, Share Swampers. Vistry Group (VTY) is a new home builder - sort of. It was formerly Bovis Homes and in January renamed following the acquisition of housing businesses from Galliford Try. It retained the Bovis Homes brand and the former Galliford Try brand, Linden Homes. Numbers for the first half of the year show that adjusted revenue boomed by 40% to £661 million. But that was down to the Galliford Try acquisition...
Hello, Share Searchers. Though I support most house builders in these difficult days, I’ve not covered Vistry Group (VTY) before. It’s fairly new, being formed in January following the acquisition by Bovis Homes from Galliford Try (GFRD) of Linden Homes, and I happen to think it’s got a good chance of growing its share price...
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