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Vistry's House Tumbles Down Again!

Sep 27, 2026

The creator discusses Vistry's (VTY.L) recent interim results, highlighting significant issues with cost overruns, particularly in the South East division, and a shift in strategy towards a pre-sale model. The company has revised its financial targets and is undergoing restructuring, leading to a negative outlook on its valuation and future prospects.

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Citigroup is mentioned as a past recovery play that was notorious for internal control issues, with the former CEO attempting to fix it.

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