recommended by the fleet street group,it looks promising!

Is is possible you could post the article ?

SAW

totally depends on your view of the housing market and the reation of the city to any further news re interest rates and also further press re house prices crashing/slowing.

I used to work for one of the FTSE 350 builders (not Bovis) until a few months ago as regional FD so know the industry quite well. i did a review of the fundamentals last week as I am looking for an entry point for MCTY (McArthy and Stone). Bovis come out well in the comparisons in terms of margins derived and they are on a industry standard PE.

Quick Overview:

Last yr results:

no of houses 2482
turnover 478.4m
op profit 129.2m
mgin % 27%
PBT 123m
PAT 86.5m
EPS 75.3p
ROCE 21.9%
Gearing 13.9%
Yield 3.2%
PE Ratio 6.7
PEG 0.42

This Yr F/C

turnover 561m
PBT 142m
PAT 99.4m
EPS 86.6p
PE Ratio 5.8


Hope this is of some help to you. if you want any of the comparators data let me know.

Fundy, think we spoke b4 somewhere about this, as I was thinking of sellg BVS and going into MCTY, sorry if u did reply somewhere but I dont watch the boards all day so didnt see it. Thanks for above, can you email me the other data, cheers, Amber

Amber

Send me an internal email with your email address and will do - it is in the form of an Excel s/s and dont know how to post it!

cheers fundie,have done, thanks in advance, Amber

Amber

still havent received it - do you want to try again?

Fundamentalist,

I am just going to send you a test message to make sure all is ok. Can you let me know if you receive it?

Ian

Nothing as yet - strange as Fred1New sent me mail yesterday ok - will keep checking

Fundamentalist,

The mail I sent through the BB has just bounced back to me saying 'invalid recipient' I can see from our records that the address we hold in our database is different from the one you have put in the BB message system. Could you take a look at your profile to check the address and make sure it is correct?

Ian

Ian

profile has the correct email address - i changed my email since i first joined moneyam. as i said, i received an internal mail from fred yesterday. I am happy for you to send amber my email address if that would solve the prob.

Fundametalist,

I will do that for you, but I will also send a mail directly to you to test, because as I said, the mail I sent through came back with the following message from your E mail provider, 'invalid recipient'


Thanks

Ian

Fund,

I have just sent a mail using my own E mail address, which has bounced back to me with the same error message can you E mail me so that I have the correct address and I will try again - ian@moneyam.com

Ian

mail sent

Amber

My details are now up to date if you want to try again.

Cheers

Amber

Ive sent the email - let me know if you dont receive it.

What a pavlova...but received in the end, looks very informative, will digest in the morning with breakfast. Thanks for all the effort, hope your email is working now. (by the way Ian, I never got the return message 'invalid recipient" bit though - strange)

Interesting day for housebuilders, the shares are up on the back of Berkeley results. Havent read them yet - will do later and post my thoughts!

Yes little increase for BVS and others, looked at the spreadsheet, really helpful data, cheers,

Amber

Well, it's flying today!

And again today. Everyone else seems to have lost interest but Bovis is bucking the trend at present and doing very nicely I feel.