Bovis Homes reports FY Results on Thursday, 28 Feb

• Last time Bovis Homes reported: Trading Update, 16 Jan.
• The shares closed +3.8% for a daily range of 61.8p or 6.7%.
• Shares -3.5% from 2019 highs; +20.3% from 2019 lows; +17.75% year-to-date.
• Currently 1014p (at time of writing).
• Will we see another big share price move on Thursday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Bovis Homes – An Example

Let’s say you think that Bovis Homes results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Bovis Homes using CFDs, at the current price of 1014p. To do this, you need £2,000.

For the purpose of this example, let’s assume Bovis Homes reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 5% below the current price. Bovis Homes results miss, it falls 5% and hits your stop-loss. Your loss would be £500.

This is provided for information purposes only. It should not be taken as a recommendation.