A trading opportunity for you?

Will Bovis continue falling, or will it rise again back to 1160p highs?

• Bovis shares have fallen by 10% from recent highs to trade 1041p (at time of writing)
• Shares -20.9% from 2018 highs; +2.8% from 2018 lows; -11.2% year to date
• 7 Sept: Liberum says Bovis Homes’ earnings to benefit from margin recovery
• 6 Sept: Bovis says it expects 2018 profits at top end of expectations after strong first half
• Source: Dow Jones, Bloomberg, Company News

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Trading Bovis – An Example

Let’s say you feel that the stock is a bargain and you think it could bounce back to recent highs of 1061p. You decide to buy exposure to £10,000 worth of Bovis  using a CFD, at the current price of 1041p. To do this, you need £2,000.

Let’s assume Bovis recovers back to 1161p (+11.5%). Your profit would be £1150, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 5% from the current price. Bovis 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.