Bellway Share Discussion Threads

[discodave4] 26/3/2014 19:31

Rlivsey,Yep, intraday peak was at new 52w high but then collapsed after that at about 11am......maybe just ran out of steam and will retry tomorrow but then WTFDIK. At least it went up today!.DD

[rlivsey] 26/3/2014 18:35

Is anyone else fairly disappointed with share price today? Seeing as the statement was so good.

[luckymouse] 26/3/2014 16:01

"Numis analysts increased their profit forecasts for Bellway for both 2013-2014 and 2014-2015 on the back of the results. They now expect pretax profit for the current financial year of 225.3 million pounds, up from 215.3 million previously.
"Bellway remains the cheapest stock in the sector despite the fact it is showing one of the highest levels of earnings growth, has ROCE (return on capital employed) in line with the sector despite boasting a more prudent balance sheet and also has significant exposure to the better performing regions of the South East and London," they wrote in a research note."

[discodave4] 26/3/2014 12:24

Painter,I'm not a TA expert so forgive my ignorance, but at what level would constitute a breakout (>1710?)??. Thanks.Results - Totally agree, excellent.DD

[painter] 26/3/2014 11:32

Agree with all said today. Like to see a breakout but not happening as yet

[luckymouse] 26/3/2014 08:49

Stunningly Good Results !!!

www.stockmarketwire.com/article/4779485/Bellway-hikes-dividend-77-point-8pct-as-first-half-earnings-surge.html

[stanmore2] 26/3/2014 08:29

Bought for the second time at 8am today. Should benefit as house prices rise away from the capital

[tiger20] 26/3/2014 07:35

Great results

Bellway has made significant progress in the six months ended 31 January 2014, with a 74.9% rise in earnings per share to 66.3p and a 660 bps increase in return on capital employed to 17.1%. These substantial improvements have been driven by growth in volume, average selling price and operating margin.

Reduced debt

[luckymouse] 19/3/2014 11:59

Interims 26 March

Obviously going to be fantastic. Nice to see the shorts have evaporated and chancellor extending Help to Buy

[yewtrees] 17/3/2014 08:08

Ebbsfleet news of 15000 new homes is helping today, not sure if Bellway are involved.

It seems that all the Balham apartments have been sold now, they are not on their website. The Clapham apartments must be available soon.

[discodave4] 16/3/2014 23:23

Apologies Dave........my initials are DR too, but not a doc either!.Yes, the slide was market jitters rather than BWY or building sector driven but never nice for the nerves!.Good luck.......let's see how it goes tomorrow.DD

[dr_smith] 16/3/2014 22:50

Middle name Russell, so I'm not a Doc ;-)
I agree re news hopefully bringing back some share price on the slide, though I see the slide as FTSI index knock on rather than property/BWY specific.
Dave.

[discodave4] 16/3/2014 21:32

Doc,No probs. Hopefully push the share price back up after it's current drop of about 7% over the last week or so.......bit of a jumpy share this one!.Speakers!, posh lol.Good luck.DD

[dr_smith] 16/3/2014 20:44

Thank-you Disco Dave, I caught the garden city aspect on the news but didn't hear of the extension, which I was half expecting to see watered down in some way, so thanks for the link.

Dave (No Disco but have speakers in bathroom)

[discodave4] 16/3/2014 18:29

Help to buy extended to 2020. Should help share price here.http://www.ft.com/cms/s/0/03cce0f0-acfe-11e3-af3e-00144feab7de.htmlDD

[rlivsey] 21/2/2014 10:21

Resistance broken?

[yewtrees] 13/2/2014 11:05

More developments opening soon. Streatham have apartments and four bedroom houses.

Look at Bellway's website to see its upcoming prime locations.

[yewtrees] 12/2/2014 13:16

Bellway still a buy in investors chronicle

[luckymouse] 11/2/2014 15:57

Broker Upgrades...

Liberum raises target price to 1850p

Jeffries raises target price to 2186p

[yewtrees] 10/2/2014 14:03

I believe Bellway have an option on some land next to their current development in Rayleigh. They are not selling the show homes there as they will use them for the office/show homes for the next plot.

[luckymouse] 10/2/2014 13:48

Large Bellway Deal

www.24dash.com/news/housing/2014-02-10-Thames-site-acquired-for-large-PRS-development#.UvjR-WJ_slI

[yewtrees] 08/2/2014 13:14

Daily Mail Feb 8
There is no stopping the booming UK housing market and Bellway erected a gain of 20p to 1612p ahead of Tuesday's annual results. Peel Hunt is a buyer and is expecting 16 per cent volume growth to 6,500 units, and a stonking 27pc jump in the dividend. The trading statement in mid-December was upbeat and anecdotal evidence from the sector since shows that activity has been unusally good over the Christmas period.