image

The best stocks to buy since 1993

Latest issue now available

SIGN UP NOW
Updates and Ideas

Crest Nicholson - Housebuilder returns to market

March 2013

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.

  • Epic Code:
  • CRST
  • Price:
  • 259p
The next few years could see house builders emerging as a glamorous stock market sector with the quoted companies set to see sales and profits rising sharply. One to watch will be Crest Nicholson, (CRST; 259p) which  operates predominantly in the South of England and joined the Full List on 18 February.   This is second time around for Crest. It listed in 1963 but was taken private at the  peak of the market in 2007 by Tom Hunters West Coast Capital who then saddled the business with unsupportable debts. On the back of steadily falling house prices and reducing margins, Crest then fell into the hands of the banks before hedge fund Värde acquired majority control. The placing this month rais ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

Crest Nicholson - Lifts target to 4,000 homes by 2019 (July 2015)
Crest Nicholson - Expect dividends to grow faster than eps (February 2015)
Crest Nicholson - Varde sells out and removes overhang (December 2014)

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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMITED PERIOD OFFER!

SUBSCRIBE TODAY AND SAVE £30 WITH OFFER CODE 30OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe

SUBSCRIBE NOW