||EPS - Basic
||Market Cap (m)
|Household Goods & Home Construction
Redrow Share Discussion Threads
Showing 801 to 825 of 825 messages
|Home sales booming four months after Brexit, Redrow (RDW) boss says.|
|Think i'd rather listen to the company than some spotty faced scribbler in a pin stripe just out of uni.
The very top analyst estimate for the year just gone was £240M and that got beat easily.
Net migration into the UK might slow but it will never reverse. Not while there are problems in the rest of the world and the UK is seen as a safe and just country. Plus we will always need migrant workers and people have been coming to this tiny country long before we joined the EU so leaving wont be any different and we wont be growing any more land so prices will only go up with the exception of the occasional timely correction.
So for me the company statement is more pertinent.
Redrow entered the new financial year with a record private forward order book of GBP807m, up 54% on the previous year; including Social Housing, the total forward order book is GBP897m, up 51%. Sales in the first 10 weeks are very encouraging and up 8% on a strong comparator last year.
We have recently launched a number of significant new sites and have a strong pipeline in the planning process. Our strategy is to continue to grow the business, increasing the number of outlets and hence the number of homes we build. This process is on track and as such I am confident that this will be another year of significant progress for Redrow.
|I agree that the final results presented yesterday were excellent, but the longer term effects of Brexit are still, as yet, unknown. This applies to the whole sector, not just Redrow.
Analysts' estimates of EPS for the year ending June 2017 have been cut by over 20% compared to three months ago and the figures for year ending June 2018 have been trimmed by nearly 30%. Not the rosy outlook it once was, but perhaps the analysts are being too pessimistic? Time will tell.|
|Excellent interims this morning and this still trades on an utterly derisory multiple. Huge increase in dividend also reflects the confidence of the Board and nice to see the clear statement that the referendum has had zero impact. The whole sector is undervalued, including RDW. It also feels to me that there could well be further consolidation in this sector, and I'd expect RDW to be one of the targets|
|God alone knows who their average customer is, av. selling price 288K, certainly not a first time buyer, elderly people downsizing to all inclusive mod cons, or the people moving up the chain! Housing more and more unaffordable, it's going to have to be Agadir for me!|
|Very robust set of results considering the Brexit doom and gloomers.
Another misunderstood house builder.
I dont think the markets realise this country still needs more houses.|
|Pound strengthens after retail sales surge in July.|
|Just got to get through this £3.50 psychological barrier convincingly, then we are away.|
|Other housebuilders doing very well.I can't see Redrow being any different.|
|Again thanks Dave for posting.A good tip on Redrow.
Copy and paste into your browser and as you say join up the i's.|
Just move the i's together and all will be revealed!|
|Thanks for that Dave.Interesting.|
|time top bail?|
|I doubt bank shares would enjoy a rate cut from current level..?|
|Monday - interest rate cut? Carney will want to be sent to be acting swiftly..Banks shares will bounce nicely tooLloyds|
|400p looks on target|
|Good to see some director buying|
|Just looking at the YTD and 1 year SP, looks about in line with many in
the sector, so tsmith agree, whether the major sector sell off is justified
remains to be seen.|
|cord, RDW does not have the yield support of some in the sector,
would be my take, whether those fat dividends last is another matter.|
|but why is RDW today getting hit harder than the other builders?|
|M&G and Aviva suspend property trusts as Brexit risks crystallise - as it happened
Pound plunges to new 31-year low as property funds refuse to let investors withdraw money after a rush of post-Brexit redemption requests
Get experimental mobile alerts for the June US jobs report this Friday
Pound crashes to $1.3000
M&G freezes fund
Aviva suspends property redemptions|
|Look on the bright side Boris and Nigel have given us our country back.|