Bellway Share Discussion Threads

[murrays] 14/10/2004 09:23

Gone long today...looks cheap.....any negative sentiment re housing/interest rates now done! Don't forget 2006 when residential properties can be included in pension funds.

[soysoy] 14/10/2004 08:39

result out on mnday
company said they going to better the expected
might top up today

[murrays] 14/10/2004 07:42

Looked at this company a few times and been really tempted...not looked for a while.......last time I looked mid 700's..........what has happened?

[soysoy] 12/10/2004 10:16

wish to advise that there will be a board meeting of this company on the
evening of Monday 18th October 2004 to consider the results for the financial
year to 31st July 2004. An announcement will be issued to the Stock Exchange on
Tuesday 19th October 2004.

[soysoy] 15/9/2004 17:30

4 August 2004
Prior to entering the close period, the Board of Bellway p.l.c. wishes to update the market as to current trading.

As planned, Bellway has increased the number of homes sold during the last twelve months from 6,278 to 6,610, the 13th year of uninterrupted organic growth. With operating margins moving ahead of last year's levels and with an increase of some 7% in average selling price to around #160,000, the Group will be announcing another record set of results for the year ended 31 July 2004 on Tuesday 19 October.

In accordance with the Board's organic growth plans, the Group expects to increase the number of homes sold in the coming twelve months. The Board decided in Autumn 2003 to sell as far ahead as practicably possible and this has resulted in the forward order book standing at a record level of #587 million, representing more than 50% of the current target for the year.

Bellway's increasing geographical coverage and wide product range, augmented by prudent land buying, ensures that the Board remains confident as to the future prospects for the Group.




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[soysoy] 15/9/2004 17:28

Bellway, The Local, National Housebuilder >>
A Design for Life Presentation Brochure>> - Download PDF [528 KB]
Trading Statement 4 August 2004 >>
Presentation to the City 06 April 2004 >>
Chairman's Statement and Financial Highlights 31 January 2004 >>
Chairman's Statement and Financial Highlights 31 July 2003 >>
Chairman's Statement and Financial Highlights 31 January 2003 >>
Chairman's Statement and Financial Highlights 31 July 2002 >>
Annual Report and Accounts
Year to 31 July 2003>> - Download PDF [1856 KB]
Year to 31 July 2002>> - Download PDF [1856 KB]
Interim Report
Six months to 31 January 2004 >> - Download PDF [200 KB]
Six months to 31 January 2003 >> - Download PDF [839 KB]
Six months to 31 January 2002 >> - Download PDF [1059 KB]
Six months to 31 January 2001 >> - Download PDF [269 KB]
Directors and Advisers >>
Share Price & Other Financial Information >>
Request Bellway Plc Annual Report >>
Corporate Responsibility Report >> - Download PDF [1274 KB]

[soysoy] 11/9/2004 09:21

i bet an extra 20% divi all the other builders have this year

[soysoy] 03/9/2004 15:13

farsight had this while might sell 820p
but there is good divi so might just keep it

[farsight] 03/9/2004 07:49

Thanks. As you can imagine I'm hacked off about chickening out of AVZ. Duh. But nevermind, you win some you lose some. I might have a flutter on ART.

[soysoy] 02/9/2004 17:05

welldone farsight
there could be take over talk

[farsight] 02/9/2004 16:34

As I was saying freddy, I bought these at 708p a week or two back.

Only five grand, so chickenfeed for you, but: Luverly Jubbly!

[ydderf] 31/8/2004 12:19

i'm short of this dog!

nobody seems to understand that

it is not about prices falling
it is not about prices being cut to whatever level it takes to shift stock
it is not about the BOE, interest rates, and what they think about house prices

It is about the effect of a sharp withdrawl of buying interest upon new developments and ongoing projects. It isn't really necessary for me to argue the point since there is sufficient evidence from past cycles. E.g. check out Ben Bailey and Barratts over the last 12 years. Sadly, it is clear that most here do not understand what happens when the cylce turns and why all builders sell on low multiples. A builder is ONLY AS GOOD AS THE LAST HOUSE HE EXCHANGED CONTRACTS ON. There really isn't an ongoing business like selling coca cola or microchips or even potato chips. A six-twelve month slump in demand will devaststate all builders and any without borrowings will find they rapidly need them, and those already with borrowings will bust covenants!

[soysoy] 31/8/2004 10:38

Updating with further details)

LONDON (AFX) - Housebuilder Bellway PLC said it is on course for another
"record" set of full year results after homes sales increased to 6,610 from
6,278 in the last 12 months.
The company also said operating margins are ahead of last year's levels and
there has been an increase of some 7 pct in the average selling price to around
160,000 stg.
"In accordance with the board's organic growth plans, the group expects to
increase the number of homes sold in the coming twelve months," it added.
The forward order book stands at a record level of 587 mln stg, representing
more than 50 pct of the current target for the year.
The company said it remains confident for the future based on "increasing
geographical coverage.... and prudent land buying".
Full year results are due Oct 19.
bam

[farsight] 06/8/2004 13:53

I'll keep an eye on both BWY and AVZ, soysoy.

[soysoy] 05/8/2004 18:32

farsight you did well to get OUT OF AVZ

this will BOUNCE UP ON RESULTS

[farsight] 05/8/2004 08:34

I wish I'd bought yesterday afternoon.

[soysoy] 04/8/2004 19:18

THEY THINK THERE IS GOING TO BE DOWN TURN IN HOUSING MARKET
BUT DOES NOT HAPPEN
I LIKE TAKING THE DIVI ON THIS ONE

[farsight] 04/8/2004 18:17

This looks interesting. Can anybody tell me why it's been going down for the last four months, and why, despite the good update, it went down today? Duh.

As planned, Bellway has increased the number of homes sold during the last
twelve months from 6,278 to 6,610, the 13th year of uninterrupted organic
growth. With operating margins moving ahead of last year's levels and with an
increase of some 7% in average selling price to around #160,000, the Group will
be announcing another record set of results for the year ended 31 July 2004 on
Tuesday 19 October.

In accordance with the Board's organic growth plans, the Group expects to
increase the number of homes sold in the coming twelve months. The Board decided in Autumn 2003 to sell as far ahead as practicably possible and this has
resulted in the forward order book standing at a record level of #587 million,
representing more than 50% of the current target for the year.

Bellway's increasing geographical coverage and wide product range, augmented by
prudent land buying, ensures that the Board remains confident as to the future
prospects for the Group.

[franco88] 13/7/2004 18:53

Very strong technical triangle setting up from begining the year running from 700p to over 820p anticipate a breack out on technical indications to exceed last high for this year.

Benefits of low average cost property prices and emphasis away from the SE. I anticipate fundamentals to justify my bullish technical set up. Poster is currently long.

Good luck trading

[cambium] 05/7/2004 20:57

mini pennant forming good sign

[soysoy] 05/7/2004 20:35

you could draw a line on this graph run up 45%

[ibuyland] 28/6/2004 22:43

I have contacts in Bellway, and they have mentioned the fact that they believe there will be consolidation in the industry, mainly for the land banks that they hold, no indication if they were buyers or sellers, but they do have good cost control and keep things very tight, though their land banks would not be as large as say Redrow, who seem to have lost their spark since Morgan left, so Redrow would be my favourite to be taken out.

[soysoy] 28/6/2004 22:31

i live in manchester and they can not build then quick anoth
people forget they sell more house cheaper price
10 house x 100,000=10,000,00
20 house x 80,000=160,000,00
there shortage of house
there been no mojor house building for 20 years