 Everyone I talk to says they are having problems sourcing certain items or there has been major price inflation on some moderate on most. I work through a diverse range of industries. Big importers seem doing ok, small business as always is getting its pants pulled down. Everything from availability in country of origin to costs of import/export to availability of shipping containers. I can't believe that this is not going to cause some revenue contraction in real terms. But the flip side is that if people can't get the things they want they invest some in the markets. we all know through the qe there is a lot of cash floating about at the moment but that will change. Even if you form an opinion about the current situation when furlough ends I think we will have to re-assess. I don't have many of these but most house builders charts look very similar. I didn't do much due diligence but stockopedia makes it easy so I bought a few of each. Looking good but feel like a trim in case of a variant flare up. Interesting times. GLA |
As a BWY shareholder, I was interested to read the following in the FT
and for those with difficulty accessing the FT see
This concerns the shortage of materials.
I listened to the webinar of the interims back in March and at that time the CEO was pretty relaxed though he did cite timber and tiles.
I do not know if the situation has got worse since then.
Not clear to me how much their margins suffer from such price increases and how much is picked up by their sub contractors.
I went to the risks section in the last AR and on page 38 see that the following was cited as the third biggest risk which at the time of writing was unchanged from the year before.
Any views anyone??
Of course if there are serious shortages that will delay final construction and good that BWY has a strong and liquid balance sheet so can take that in its stride. |
wrong thread, sorry |
Yep so far it is doing just fine. There'll be pullbacks along the way. As long as they are not too deep I'll leave it running |
ok. good luck, i hope it does. |
News day = noise day. No point trying to read every tick up and down. If it can broadly hold these levels in the coming days after such a strong move I'll be quite happy |
why the drop. divi reinstated, I thought it would go up. were ppl expecting better results? |
Solid numbers here and restoration of the dividend. Recovery looks to be well underway. |
The government is going to incentivise home construction in the UK, isn't it.
It is the only game in town.
In for a few |
Bellway second on this list, interestingly;
hxxps://www.serenitystocks.com/screener?field_grahamnumber_value=0&field_ncav_net_net__value=0&keys=&field_issuetype_value=All&field_exchange_value%5B%5D=L
- there's certainly not much at all in today's price beyond current assets less all liabilities of c.£23.50 / share, with a further 80p in non current assets |
I thought Bellway already set aside nearly £50m to sort out cladding problems. Have they got to set aside more monies? |
Quiet today what happened |
This is an interesting one with the price currently at 3122p. Intraday chart not only flatlining (can make for the best trades), but also at a breakout point on the wider chart.
Intraday breakout of the flatline chart and break of 3140p could translate into a momentum upside breakout on the wider chart.
All imo
DYOR
UPDATE:
Price didn't clear the first step of breaking out of the intraday range and closed at 3120p so no breakout follow through the next day. |
New help to buy will kill the builders. Max 410k loans and 1st time buyers only. All the 2nd steppers paying 500k for houses in shires using 100k htb loan will stop. Prices will have to fall 20pc overnight for them to continue selling at same rate. More than 50pc of larger houses sold with this loan to 2nd steppers. Game Over. |
Good news re Brexit. Bellway can finally kick on. BWY and Redrow are the stand out housebuilders. All time highs are not unrealistic in the next few weeks. Happy Christmas holders! |
A good write-up in this weekend's Investors Chronicle. BWY its main 'Buy' tip of the week. |
Gone xd today 0.50p. |
A general view on the state of the overblown property market that has been caused by a variety of government interventions and property stimulus packages
Packages that now will not be able to be continued in the face of Covid-19 continuance and the UK Depression deepens
======= UK Property Market to drop 30% over the next 2 years =======
buywell predicts that by the end of 2022 the average price of a house will be back around 160K down from circa 240k now
Round number a drop of 30%
This is a conservative number in buywells' view based upon the drop in UK GDP of over 20%
Check out HP previous drops V previous GDP drops in times of recession and you will see what buywell means.
The two always go hand in hand one following the other
Check out also the number of high value properties that have recently hit the market in your area buywell would suggest --- folks are trying to cash out to avoid the loss to come |
Update tomorrow news on the dividend would be good, got in on the last pullback at 21.12. |
Is this a good time to buy back into 'builders for their dividend potential? To find out more, we've taken a fresh look at the five largest listed housebuilders - Persimmon (LON: PSN), Berkeley Group (LON: BKG), Barratt Developments (LON: BDEV), Taylor Wimpey (LON: TW) and Bellway (LON: BWY).
More on the Investor's Champion website. |
did enter but made peanuts as bounce did not last long and I would have been back to all square if i had held to close . I wonder what today will bring for the building stocks as dow futures falling again ! |
certainly hit today after a good start in a fairly bullish market , I guess building stocks do their own thing but I look to enter now for a day trade as appears oversold ! |
Recommended in the Sunday Telegraph |
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