Share Name Share Symbol Market Type Share ISIN Share Description
Redrow Plc LSE:RDW London Ordinary Share GB00BG11K365 ORD 10.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -6.50 -1.29% 499.00 498.40 499.00 503.00 493.80 497.40 236,057 16:35:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 1,939.0 314.0 73.7 6.8 1,845

Redrow Share Discussion Threads

Showing 1426 to 1445 of 1450 messages
Chat Pages: 58  57  56  55  54  53  52  51  50  49  48  47  Older
Financials now stand on an edge of sorts Builders need to provide piles of supports All UK ones are now showing weak foundations buywell expects that to spread to many nations
Housebuilders nearly all dropping today as many other sectors rise IMO fight this at your peril Rising rates are coming --- again and again and again The market is starting to price this in but imo are playing catchup with inflation heading to 8% plus and still rising hTtps://
interim was 24th Feb (10p). Final will be some time in late September
Heads Up To show no bias What happens in America and what is happening in America will result in what happens in the UK --- if you do your research you will corroborate this fact The number of USA houses that were for sale has just risen by over 13% in feb year on year ie Supply is now accelerating as the wise yanks want to cash in their brick piles USA house/condo sales have dropped year on year for the last consecutive 7 months in a row ie Demand is weakening Ref New Builds or Houses under construction in the USA --- unsold numbers are now at 2008 levels and up 70% year on year --- this coupled with massive increased costs due to raw building materials causing stalls in many new build projects Many USA builders could go bust if these remain unsold Supply of new builds grows as existing sales of old/ used houses stalls Inflation in the USA is now at 40 year highs The FED plans to do another 6 rate rises in 2022 The 30yr fixed mortgage rate stands at circa 4.4% now and is thus on track to hit 6% by the end of this year Inflation is not going away and the FED wants it at 2% --- next month it will likely hit 9% and still rising hTtps:// The USA property market is now in top end bubble territory and soon to pop The UK property market follows the USA with a lag of 12 months dyor
When is ex-div date?
So short the sector sikh if that's how you feel.
Avg house prices. Rightmove £341,019 - Jan 2022 Halifax £276,759 - Jan 2022. TW £332k - for end 2021. Average selling prices on private completions increased by 3% to GBP332k (2020: GBP323k), with the overall average selling price increasing to GBP300k (2020: GBP288k). PSM £330,000 - for end 2021. RDW £417,000 - for end 2021. When house prices crash, the asking price sees the biggest falls, as buyers ask for bigger discounts. New Builds normally command a significant premium(can be 25-30%) over similar existing builds. That premium difference would reduce when house prices fall, so they too should see a bigger fall than the avg existing build. House prices do not fall at the same rate across the country. When the housing market crashes, no HB is immune from the crash. Likewise, listed HBs are not immune from stockmarket falls or movements. Govn support, provided during pandemic, has ended. Repossessions which were stopped during pandemic are legal again. Around 30k homeowners in severe mortgage debt. Inflationary pressure, interest rate rises, NI rises, Council tax rises, energy price rises all impact affordability.
Spot of director/manager buying - reasonable sums. Although I bet they wish they had waited until this morning instead of buying at 636-odd for most of them...
imastu pidgitaswell
Filter, much easier.
I'll take that as a 'no' then. hTTps:// Current year (to 6 Feb 2022) info on slides 19 and 20 - all good. Edit - re filter (not doing him the satisfaction of a separate post): I've done that before, but it just allows him to get away with porkies, twisted interpretations and false claims. The least bad answer is surely him just leaving us alone and plying his trade on the housing market thread, which seems to me a sensible option for all - an engaged and sympathetic audience for him, and the specifics of the RDW company for the rest of us. He could always say something about that himself - but never does.
imastu pidgitaswell
Regardless of results, no HB is immune to housing market/prices and, if listed, stockmarket movements, up or down. Look at the HBs and compare the graphs - they all move broadly in synch, up or down, regardless of results, divis etc.. Govn support during the pandemic helped housing market... That govn support has ended. UK house prices reach new record but cost of living crisis threatens growth. Bank of England’s interest rate rise and soaring household costs will hit affordability, says Halifax "However, house price growth slowed to just 0.3% in January, the smallest monthly increase since June last year, in a sign that the pandemic-fuelled boom could be fading. “While the limited supply of new housing stock to the market will continue to provide some support to house prices, it remains likely that the rate of house price growth will slow considerably over the next year,” said Russell Galley, a managing director at Halifax.
Thanks for posting that. The main TW. thread has descended into a boys club of ego and opinion. All a bit sad for an anonymous BB. I purchased a little more of RDW today, happy about the figures and looming dividend.
Results are the past. Markets look to the future. All HBs are suffering from the same. I think affordability is a big concern... Mortgage repossessions were legally stopped during the pandemic but court cases have restarted... there were around 30k homeowners in severe mortgage debt. Any interest rate rise on top of tax/council tax/energy price rises would impact affordability..
Jefferies target 806p.
I was a little surprised by the pullback - sectoral, I think. Having combed through those half year numbers, this is by some distance the safest and most undervalued in the sector - just got back in for some.
imastu pidgitaswell
decent play in sector. well run good numbers. eventually gets taken out. core position.
More like up. Guidance up
Mortgage rates rising?
I don't think you can be too wrong with these fundamentals - cash and asset rich, earnings multiple around 7 (less under 700) and the recent trading statement. And frankly you can always add more. Re the land bank, it will be in their financials - numbers, annual sales, resulting number of years in the bank etc:
imastu pidgitaswell
Are there any clues as to the value of their land bank??
Chat Pages: 58  57  56  55  54  53  52  51  50  49  48  47  Older
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