Home » Posts tagged 'csp' (Page 2)
Tag Archives: csp
Dr David Paul of VectorVest discusses Hastings (HSTG), Trifast (TRI), Countryside Props (CSP) & Taptica (TAP) on Core Finance TV
VectorVest MD Dr. David Paul details the bullish technical and fundamental set up on Hastings (HSTG) and shares his view on Trifast (TRI), Countryside Properties (CSP) and Taptica (TAP).
Dr David Paul of VectorVest talks CSP, MGNS & COA with Zak Mir on TipTV Finance Show
Dr David Paul, MD at VectorVest speaks with host Zak Mir regarding the Buy/Sell Ratio and Market Timing Indicator trending in the wrong direction, thus the word of caution – the markets are on thin ice. However, should the market turn around, David shows us some shares to keep an eye on: Countryside Properties (CSP), Morgan Sindall (MGNS), Coats Group (COA) and more!
Buy Countryside Properties (CSP) – Fundamental & technical indicators point to another advance, says VectorVest
Countryside Properties plc (CSP.L) is a United Kingdom-based housebuilder and regeneration partner, primarily operating in London and the South East of England, and with a presence in the North West of England. Countryside operates through two divisions: Housebuilding and Partnerships. The Company’s Housebuilding division develops medium to larger-scale sites, providing private housing on private land, primarily around London and in the South East of England. The Housebuilding division operates under both the Countryside and Millgate brands. Its Partnerships division is engaged in medium to larger-scale urban regeneration of public sector land delivering private homes. The Partnerships division operates primarily in and around London and in the North West of England. The Company’s regeneration projects are developed in partnerships with public sector landowners, such as local authorities (LAs) and housing associations.
FREE! For free VectorVest analysis on any stock, go to this link here
Neil Woodford of Woodford Investment management is the largest shareholder owing nearly 10% of the company, closely followed by Aviva with 8%. All of the large well known asset management houses have a stake in the company, which has a market capitalization of 1.5 billion pounds.
On VectorVest the share is valued at 488p, while trading at around 341p. This easily meets my criteria that the VectorVest valuation/price should be greater than 1.2.
Earnings potential over a window of three years into the future (RV) is on an excellent 1.58 on a scale between o and 2, while earnings safety (RS) is good at 1.19. This is also graduated on a scale between 0 and 2 as are all metrics on VectorVest. In summary, the fundamental position of the company is in great shape.
The trend and technical position is also in great shape, with a VectorVest calculated Relative Timing (RT) of 1.49, plus the share has been on a Buy recommendation since the start of April 2017.
The chart of CSP is shown below using my normal notation. The VectorVest valuation is the green line study above the price, while earnings per share (EPS) is plotted by the blue line study in the window below the price. Over the last year, EPS has risen by 50% and this is the engine that’s driven the share price advance seen over the last three months. The company’s growth would seem far from over, as VectorVest calculates that earnings growth (GRT) will be 30% over the next year.
On the 26th of May 2017 to the middle of June 2017, the share traded within what eagle-eyed technical analysts refer to as a “flag” formation. Over the last few days, the share would seem to have broken from this very bullish pattern and is attacking the 52 week high. The share is on a BUY and looks highly probable to move upwards from here. Remember, I speak of probabilities and not certainties.
The overall UK market is still within a Confirmed Up signal. While the price of the VectorVest Composite has been rising, its momentum (MTI) and its breadth (Buy/Sell) ratio has been falling. This bearish divergence between the price of the VectorVest UK Composite and its momentum and breadth invariably precedes a turn, although the divergence can carry on for many months.
The Primary Wave has been noisy and is also on a BUY as I write. The advice on the front page of VectorVest suggests caution, and that’s good advice.
I have found the checklist below useful in trading. Its conservative and when I tick all the boxes I get very lucky. Please mold it to your own requirements:
- Value/price>= 1.2
- RV>1.3…The bigger the better
- RS>1 (Note conservative investors may wish to increase this)
- Earnings Growth (GRT) above 15% and rising smoothly
- Share is on a BUY recommendation and breaking new highs
- Market is within a C/UP
- The pointer on the Color Guard is in the green.
Summary. CSP looks highly probable for another advance. The share has a solid fundamental and technical outlook and is worthy of your consideration. The biggest danger to the prognosis would be a deterioration in the overall market direction. The latter needs to be carefully monitored on a day by day basis at this stage in the cycle.
Although this share is suitable for my investment objectives, it may not be suitable for you.
David Paul
June 29th 2017
Readers can examine trading opportunities on CSP and a host of other similar stocks for a single payment of £5.95. This gives access to the VectorVest Risk Free 5-week trial, where members enjoy unlimited access to VectorVest UK & U.S., plus VectorVest University for on-demand strategies and training. Link here to view.
FREE! For free VectorVest analysis on any stock, go to this link here
VectorVest Unisearch
On VectorVest a simple search using the Unisearch tool will quickly find shares that are undervalued with good fundamentals that have just issued a Buy recommendation. This will give the active trader a short list of many high probability trading opportunities each week. Traders now have the opportunity to spend five weeks discovering VectorVest’s unique simplicity, automation and independent guidance. Just £5.95 buys a 5 week trial to enable deep exploration, or how the system can assist in smarter trading in as little as 10 minutes a day. Powerful tools. Proven strategies. Unique Perspectives.
Link here for more info and to set up a trial.
European Financial Publishing Limited T/A VectorVest UK (VectorVest) is authorised and regulated by the Financial Conduct Authority under register number 543038. You should remember that the value of investments and the income derived therefrom may fall as well as rise and you may not get back the amount that you invest. Past performance is not a reliable guide to the future. This material is directed only at persons in the UK and is not an offer or invitation to buy or sell securities. If investors are in any doubt of the suitability of an investment given their individual circumstances, they are recommended to contact an investment manager or independent financial adviser who may be able to provide tailored advice. Opinions expressed whether in general or both on the performance of individual securities and in a wider economic context represent the views of VectorVest at the time of preparation. They are subject to change and should not be interpreted as investment advice. VectorVest and connected companies, clients, directors, employees and other associates, may have a position in any security, or related financial instrument, issued by a company or organisation mentioned on this site. European Financial Publishing Limited is a company incorporated in Scotland under Company Number SC357322 with its registered address at Exchange Tower, 19 Canning Street, Edinburgh EH3 8EH. Email: support@VectorVest.com
SSE Sets Good Example And Remains Flat
SSE plc. SSE is increasing its final dividend by 2.1% for the year to the end of March after yet another flat year, in which the absence of 2016’s large total of exceptional items helped to make the figures look better, despite this years complex challenges. Profit before tax has stayed at just over £1.5b for each of the last three years, during which the annual dividend has risen from 88.4p to this years 91.3p. The target for the next 3 years is that dividend increases will at least equal RPI inflation. “Flatness” and lack of excitement is not a bad thing. Our pension funds have to have somewhere safe to invest in so that tomorrow’s pensioners, or even today’s for that matter, can enjoy their retirement, content that next months and next years pension payments are secure.
Mitchells & Butler MAB results for the half year to the 8th April were adversely affected by this years Easter falling in the second half of the year. Profit before tax fell from £83m. to £75m. and basic earnings per share were sharply down from 18.4p to 13.7p. The Chief executive claims that it was still a period of sustained growth and that they outperformed the market. The interim dividend remains unchanged.
Countryside Properties CSP has delivered strong growth, ahead of expectations for the half year to 31st March and this is continuing into the second half so that that profits for the full years hould similarly be ahead be ahead of market expectations. completions in the first half rose by 31%, adjusted operating profit by 39% and basic earnings per share by 258%, or 128% on an adjusted basis. The private forward order book is up by 69% on a year ago.
Bodycote BOY reports a robust performance in the 4 months to 30th April, with gross revenue rising by 18% on the same period last year, despite oil and gas revenues still declining and defence revenue remaining weak.
Ideagen IDEA Robust trading during the year to the end of April is expected to have produced growth of 24% in both revenue and adjusted EBITDA. On an organic basis the rise in revenue is expected to about about 10%.
Luxury Villas & Houses For Sale In Greece; http://www.hiddengreece.net
Countryside Props. Profit Up 40% After Swingeing Price Rises
Countryside Props. CSP produced strong growth in the year to the end of September which is not surprising with completions up 20% on top of which it managed to impose a swingeing 21% rise in average private selling prices, to £465.000. Adjusted operating profit rose by 40%. Current trading is robust with sales rates and values both above year end levels. The private year end order book is at record levels after a rise of 64%. A final dividend of 3.4% is proposed.
Eckoh ECK Revenue during the 6 months to 30th September rose by 57% and gross profit by 25% despite being impacted by a £0.6m loss incurred by a discontinued division of Eckoh’s US subsidiary, PSS Inc. US operations now account for 30% of group revenue after rising from £31,000 to £4.0 million. The second half year is expected to be strong.
Cranswick CWK is raising its interim dividend by 12.9% after rises of 38.4% in statutory profit before tax and 30.8% in statutory earnings per share. for the half year to end September. Results were helped by a strong contribution from Crown Chicken which was acquired in April and also by strong performances in key export markets, with Far East revenues rising by 83%
Treatt plc TET claims a strong performance in the year to the end of September and is increasing its total dividend by 8% to 4.35p, after an 11% rise in adjusted profit before tax. Basic earnings per share were up by 8% but revenue showed only a modest rise of 2%
Easy Hotels EZH 2015/16 was a transformational year which saw a rise of 38.4% in profit before tax and 40% in basic earnings per share. Total revenue was up by 8.7%. 1527 rooms are now in developments and 576 new rooms will be added by early 2018 with the opening of 5 new hotels.
Villas & Houses For Sale In The Greek Islands – visit; http://www.hiddengreece.ne