QUICK IDEA - Countryside Properties PLC (#CSP on LSE) - MCap £1.6bn @310p - home construction sector, shifting business model to focus solely on econ-resilient and high ROIC “Partnerships” business.

Interesting entry point as CEO departs amid profit warning, despite recent insider buys from himself and the General Counsel.

Feb 15, 2022

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QUICK IDEA - Countryside Properties PLC (#CSP on LSE) - MCap £1.6bn @310p - home construction sector, shifting business model to focus solely on niche “Partnerships” business (much higher ROIC business and less econ sensitive). CEO has just left after profits warning for Dec 2021 (Q1) quarter, providing interesting entry. US activist investor Browing W…

QUICK IDEA - Countryside Properties PLC (#CSP on LSE) - MCap £1.6bn @310p - home construction sector, shifting business model to focus solely on econ-resilient and high ROIC “Partnerships” business.

Interesting entry point as CEO departs amid profit warning, despite recent insider buys from himself and the General Counsel.

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