Bellway Share Discussion Threads

[arja] 24/3/2020 12:48

not sure why building stocks underperforming the market on this strangely bullish day
as if corona virus problem almost over !

[dr_smith] 14/3/2020 15:50

Buzz UK?? Never heard of them. Mr Lightyears slower mate?
I suspect the index has gone down a tad now. ;-)

I see bway interims are wed 25/3/20.
If nothing else,it should have comment on any real world impact of CV on their day to day activities, in terms of healthy workers and continuity of supplies.

[purplepelmets] 19/2/2020 08:30

Dont think the dole bludgers, tea leaves and blade merchants were buying lovely new Bellway houses. But the new educated and employable migrants very possible would be.

[rolo7] 19/2/2020 08:20

Big rise up this morning,I would of thought new migration rules would do opposite

[brummy_git] 17/2/2020 16:01

Wrong Dr Smith
This is actually all the latest valuation multiples and KPIs can be downloaded from here, including Bellway

[podgyted] 07/2/2020 07:47

Good TU I would have said.

Further evidence of a strong housing market and increased demand following GE.

Lets see what the market makes of it.

[dr_smith] 14/1/2020 16:03

...and broke £40 earlier, another ATH.

[arja] 14/1/2020 09:10

but a great looking chart and NOR situation !

[kmreid] 13/1/2020 17:55

Currently overpriced IMO. Wish I bought last year, but there you go.

[podgyted] 13/1/2020 14:01

FWIW

Peel Hunt upgrades to "Add" , TP increased from 3,550 to 4,330.

[dr_smith] 13/1/2020 10:17

Some time back I built a google sheet showing share price for my folio relative to max for preceding 2 years.
I notice today BWY is at 101.13%, so ATH

Other builders:
BVS 96.47
RDW 99.97
TW 99.29 %

Dave

[purplepelmets] 28/11/2019 08:09

xdiv today 100p i think

[dr_smith] 15/10/2019 09:58

Morning folks.
Didn't the alarm bellway k you. ;-)
s.p. 7.5% down?
All looks as expected to me, I assume fly in ointment is the non-repeating 9 elms. I work this out as 5.4% of t/o where margin is is premium, ...actually lower down it says 5.5% and :

"In the new financial year, the one-off benefit to the operating margin from Nine Elms will not be repeated and in addition, in the absence of house price inflation, industrywide build cost pressures will continue to have a moderating effect. As a result of these combined influences, the reduction to a consistent, underlying operating margin will be more pronounced."

So..I guess market feels margins squeezed more than expected.
Unstated and IMO, we know businesses are holding back on various plans pending Brexit - and cnsequently employees and their families/house moves. Once there is a settled outcome, there should be increased demand, so room for optimism.
Nice to see the quality rating based on customer surveys.
I remain a LTH.
Still in bed? Come on, mist will soon lift for a rare old sunny day. I have 150 bulbs to plant with me dibber! oo er. ;-)
Dave

[purplepelmets] 16/9/2019 08:09

Both a proper Brexit and a Corbyn govt are much further from being possible since Boris's troubles with remoaners intensified. That and generally good results from housebuilders over the last week or two. Redrow gave an upbeat outlook for starters

[kmreid] 15/9/2019 22:37

why the rise?

[purplepelmets] 08/8/2019 09:42

Generally positive trading update today, shares hammered down 3%. Tempted to add again at these levels. 5+% yield covered 3 times, can’t see too much downside here unless comrade Corbyn takes the helm.

[purplepelmets] 28/6/2019 08:40

forgotten what an uptick looks like. any news out?

[dr_smith] 27/3/2019 14:04

Just spotted a zoopla report out today:
"Latest data from Zoopla shows that average city house prices in the UK rose by 2.8% for the 12 months ended 28 February 2019."
So the like increase to BWY share price perhaps not just results and some sector peers seemingly have read-across.