Bellway Share Discussion Threads

[cockneyrebel] 11/10/2007 10:19

Friday: The Money Programme, 7.00pm "Will Buy to Let turn into Buy to Regret?"

Monday: Rightmove House Price Survey

Tuesday: Bellway Prelim Results.

CR

[cockneyrebel] 11/10/2007 10:15

RICS Survey out today - looks ugly!



CR

[cockneyrebel] 01/10/2007 20:44

U.K. Housing Risk Is `Substantial,' Morgan Stanley's Miles Says

[indieman] 01/10/2007 15:01

Refinancing teaser mortgages means many existing borrowers will face drastic repayment increases. New borrowers are unlikely to be much better off.

Pass the Rennies.

[katieprice] 01/10/2007 10:51

GOOD

Interest Rates due to fall...

YUM YUM

KP

[gsands] 01/10/2007 10:50

I think the first wave of the correction is about over now:

[cockneyrebel] 29/9/2007 12:06

Houses are selling ah?



Buy Now - Pay Later. Bellway Opens the Door to First Time Buyers


NEWCASTLE UPON TYNE, England, September 29 /PRNewswire/ -- Bellway is the first house builder in the UK to offer potential home buyers the opportunity to buy a new home for just 75% of the current market value.



CR

[cockneyrebel] 28/9/2007 18:02

Ouch!



CR

[indieman] 27/9/2007 22:43

What is interesting is the volumes over the last couple of months. Quite a few days have volumes far higher than in the previous 3 years. I can't be bothered to look to see whether the individual high volume days coincide with down or up days. Anyone else noticed this?

[indieman] 18/9/2007 07:53

Support below current price is around 890p and that arose in 2005 in the form of a massive ascending triangle. If that were to break, next support is 800-820p.

When shares rocket up as Bellway and (eg) British Land did, there are often few consolidations along the way to provide support on the way down. A classic case of 'what goes around, comes around'.

[cockneyrebel] 14/9/2007 17:32

I reckon that 850p level will be the support here, perhaps the 780p level with a bit of luck.

Should get there with a warning or two from a builder and a few downgrades to the sector imo.

CR

[spacemoggy] 14/9/2007 17:15

Looking pretty dire....Rick

[cockneyrebel] 13/9/2007 16:07

Chart fallen through support.

CR

[cockneyrebel] 13/9/2007 14:18

UK house prices
Published: September 13 2007 12:59 | Last updated: September 13 2007 12:59

It has always been a matter of when, not if. But those predicting the top of the UK housing market have looked rather silly as prices surged ever higher. Perhaps not for long. August data from the Royal Institute of Chartered Surveyors showed that house prices fell for the first time in 22 months. New buyer enquiries declined at the fastest pace in three years. The survey, based on interviews with estate agents, is at odds with more upbeat data compiled by mortgage lenders, and August is a slow month at the best of times. Even so, RICS is closely watched having accurately picked the end of the 1980s property boom.

With the US housing market in free fall, there are few reasons why the same should not happen in the UK. Price rises have been steeper, interest rates have jumped five times in the last year and consumers are just as indebted as in the US. While the UK economy remains robust, the outlook for growth is still closely tied to the worsening fortunes of the US. The average percentage of take-home pay that a couple needs to service a mortgage is now 44 per cent, close to levels reached just before the last crash. And as in the US, the riskier end of the market is already in trouble: repossessions in the first half of 2007 are a third higher than last year

[cockneyrebel] 05/9/2007 12:43

Gonna get ugly imo

CR

[indieman] 04/9/2007 08:09

BWY is now showing signs of trying to bottom out and the outlook is less negative than it has been for a while. This is partly due to strength in FTSE100/250 stocks generally.

I continue to expect a retest of FTSE lows over the next few weeks.

[indieman] 29/8/2007 15:54

Thanks.

Edit: For here and the FTSE thread.

[gsands] 29/8/2007 10:36

Sorry, ignore the 200 day moving averages. The charts above are weeklies, so the timeframe is wrong.

[indieman] 29/8/2007 10:34

Very odd, GSands.

Big Charts have the 200day EMA above BWY's current price (ca. 1350p) and falling since June using either linear or semi-log charts.

[gsands] 29/8/2007 08:34

UK housebuilders (log charts)






free stock charts from www.advfn.com




free stock charts from www.advfn.com




free stock charts from www.advfn.com

[gorse] 07/8/2007 07:24

This'll do nicely:



The Group is delighted to report, for the 16th consecutive year, an increase in
the total number of homes sold in the year ended 31 July. In the period Bellway
has recorded an increase in homes legally completed of more than 7% from 7,117
to 7,638. These units had an average sales price of around £174,000. Net
profit before tax will be at a record level and in line with expectations.

[cr4zyness] 05/8/2007 19:27

Newcastle-based housebuilder Bellway, which claims to build two-thirds of its homes on brownfield sites, is expected to announce an increase in its annual profits from £220m to around £233m on Tuesday despite successive interest rate increases.

[omalaha] 04/8/2007 12:47

rogid - markets have knackered that. monday could be a good time to get some v.cheap.