Share Name Share Symbol Market Type Share ISIN Share Description
Redrow Plc LSE:RDW London Ordinary Share GB0007282386 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.50p +0.08% 595.50p 595.00p 596.00p 600.00p 588.00p 588.00p 127,114 13:08:49
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 1,660.0 315.0 70.2 8.5 2,202.16

Redrow Share Discussion Threads

Showing 876 to 899 of 900 messages
Chat Pages: 36  35  34  33  32  31  30  29  28  27  26  25  Older
DateSubjectAuthorDiscuss
10/11/2017
15:22
So, I have all buy orders filled today. No more buying from me likely for time being. Logic behind the buy is braodly based upon the principle that trailing iflationary, housing and rate rise information being just that (trailing). If we understand the interplay between those items and mix it in with exchange rate movements (trailing) we perhaps can glean a better understanding of what is truly most likely in short to medium term. I could explain that a lot bettter and in a lot more detail.. given more time but in reality it's not hard to see what's been drving inflation and that that will end shortly...as will the perceive need for rate rise. Supply/ demand, desire, need, affordability drive prices in the housing market. Anything less than a crash and RDW is silly cheap.
thorpematt
10/11/2017
09:02
Sorry guys. I'm out now. Yes wiped out half my profit. Gloomy outlook. European property looks more interesting.
r ball
10/11/2017
08:14
I think there are other factors as well the state of this government, the weak pound, effects of brexit and the sluggishness of the housing market. Some may be real some may be just possibilities but they are all hovering over the economy Then there is the rising costs of selling an existing property I am told this is acting like a brake on the flow of house sales
acamas
10/11/2017
08:05
Can understand the share price coming off a bit given the PSn and then RDW statements, even if they weren't horrendous. That said, RDW is now trading on a PE of just over 8x historic earnings or about 7.5x current year so you can strongly argue that the market is pricing it, as well as other housebuilders, as if a recession is going to start tomorrow. If there is some sort of macro downturn and earnings halve, it should in theory mean that the share price can, to be an extent, be insulated from it. The bigger impact on share prices would be if Mr Market thought that one or other of the housebuilders was going to need a rights issue to get through any downturn but given their balance sheets, it feels like they should be ok. As a result, I'm not going to be touching my housebuilding shareholdings during any downturn but instead look at any significant weakness as an opportunity to add
adamb1978
09/11/2017
10:59
hopefully not as bad as 2007. differences now are Help to Buy and mortgage market still reasonable - we surely won't have another collapse of mortgage bond market! Agm statement looks fairly good but more bad news could panic the market. I sold some a few days ago but am holding the rest. good luck all.
bigbertie
09/11/2017
07:13
"ongoing political and economic uncertainty has resulted in a slight slow down in sales in recent weeks" also House price falls now widespread, say surveyors Http://www.bbc.co.uk/news/business-41917884 Starting to feel a little bit like 2007 but wtfdik.
bigbigdave
08/11/2017
13:05
Possibly read across from PSN, perhaps a general worry that housebuilder shares have always been very cyclical (and are now relatively high). I think RDW is on a much lower forward p/e ratio than PSN so maybe not as exposed. PSN said it would "marshall group cash resources" to take advantage of land opportunities - some will interpret that as a threat to their big pay-outs IMHO
bigbertie
08/11/2017
07:46
Read across from psn?
r ball
01/11/2017
12:41
- and as at 1st Nov' the share price is certainly heading that way. The earlier Liberum target of 601p left way behind. The company is well placed for 'stellar growth', Liberum say. Hyperbole, no doubt, but at least we can expect it to go on growing pretty strongly, especially given the pressing need for more housing in this country.
aimingupward2
24/10/2017
09:08
Liberuum has raised it’s target price from 601p to 734p with a ‘buy’ recommendation.
aimingupward2
18/10/2017
17:38
Why my lag viz Bwy?
r ball
29/9/2017
12:01
Average broker target price is around £7, so plenty of headroom yet. As of today, Oct 5th, RDW is on a roll. Nice to see.
aimingupward2
29/9/2017
10:23
That's better - those institutions would not have signed up for the placing at 590p unless they were pretty confident. The dip was a good buying opportunity IMHO.
bigbertie
27/9/2017
17:38
The price is starting to tick upwards
lyme regis1
20/9/2017
10:37
Interesting article in Sunday Telegraph about how to reduce the ever increasing national debt.Recommends the next Budget should "unleash a huge house building programme" in order to get debt down.Hope it happens! Maybe a cut in stamp duty as well.
richj5000
19/9/2017
14:22
Be cheaper to house them here than in Brussels! Save a pile on expenses!!
shaker44
19/9/2017
14:11
SP looking more positive now. We'll need more houses to accomodate the extra civil servants we will have after Brexit! (just joking....I think)
bigbertie
19/9/2017
09:47
Edit. Ooops - here is what I meant to write. If Morgan's target for 2020 is going to be met, they should be heading for eps of about 78p in 17/18 which make the shares look good value at 554p. I bought some this morning. Here's hoping.....
bigbertie
18/9/2017
17:58
Right I have tried cut and paste but it won't tabulate so you'll have to read the PDF from BoE. Carney's speech in Washington today is as per the PDF. He is confirming what I thought already... as per my post last night.But basically what I said yesterday i.e gradual rise in interest rate only. If you dont wanna read it all read Page 16 near the bottom, starts with "I am also mindful that central banks have generally been able to achieve their objectives..... hTtp://www.bankofengland.co.uk/publications/Documents/speeches/2017/speech996.pdf Anyway, it's as I said yesterday gradual un-winding of spring. Not gonna kill us. Plenty of time to make lots of cash building houses. BBC report is as per their easy to digest soundbite website.(albeit a little simplistic). hTtp://www.bbc.co.uk/news/business-41307167
thorpematt
17/9/2017
17:07
Yes last week was a bit of a perfect storm here really: The BoE making noise about interest rate rises, Chairman top-slicing profits, HPI surveys published being interpreted as negative. hTtp://www.nationwide.co.uk/~/media/MainSite/documents/about/house-price-index/2017/Aug_2017.pdf hTtps://www.gov.uk/government/publications/uk-house-price-index-summary-july-2017/uk-house-price-index-summary-july-2017 Always tough to see into the future with any degree of acuracy but it is difficult to see a pricing collapse any time soon in the UK with such afforadability still WAY off the 2007 levels; very low un-employment and a chronic shortage of housing stock as backdrops. Only a significant drop in prices would really hurt the new build sector by my calculations - since the margins are so good right now. And I just don't see that being the case. I do see a gradual rise in interest rates, but TBH all western governments will be cautious on that one and so that will take a time to play out I suspect.
thorpematt
16/9/2017
21:22
The Telegraph reports that the Morgan sale spooks investors, but does not mention that a number of big investors have bought 26m RDW shares at (I think) 590p, which shows great confidence in the building market IMHO. A lot of the fall in this and other shares tis week must be due to political events, natural disasters, BOE comments and rising Sterling - not Steve Morgan. IMHO. I'm holding.
bigbertie
13/9/2017
13:19
shaker, I agree - the Telegraph is worried Morgan is losing interest, but he is still chairman and he is still heavily committed financially. When Davidson dropped the reins at Persimmon it kept motoring!
bigbertie
13/9/2017
03:13
Hard to see why rdw is suddenly worth less because the boss sold a few. Looks like a buying opportunity surely?
shaker44
12/9/2017
22:44
Its a bit over 10% of his holding; personally I don't have a problem with it in the slightest
adamb1978
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