Redrow Share Discussion Threads

[tsmith2] 06/7/2016 16:33

Blanket selling...irrational

[essentialinvestor] 06/7/2016 12:32

cord, RDW does not have the yield support of some in the sector,
would be my take, whether those fat dividends last is another matter.

[cordwainer] 06/7/2016 12:24

but why is RDW today getting hit harder than the other builders?

[dlku] 05/7/2016 20:15

M&G and Aviva suspend property trusts as Brexit risks crystallise - as it happened

Pound plunges to new 31-year low as property funds refuse to let investors withdraw money after a rush of post-Brexit redemption requests

Get experimental mobile alerts for the June US jobs report this Friday
Pound crashes to $1.3000
M&G freezes fund
Aviva suspends property redemptions

[2walwen] 05/7/2016 13:07

Look on the bright side Boris and Nigel have given us our country back.

[tsmith2] 05/7/2016 09:35

Silly price

[cordwainer] 01/7/2016 21:35

I can maybe afford a tent, but can't afford to pitch it anywhere

[excell1] 01/7/2016 11:48

Had a few of these,guess we are all not going to be living in tents any time soon.

[tsmith2] 28/6/2016 14:56

Now around 6, not demanding at all but too much uncertainty?

[gp1948] 10/6/2016 09:57

Quite agree Shaker44. Redrow is the best value in the sector with EPS forecast at 50.9p for the current year to 30.09.2016 and 58.4p for 2017. So at the current price of 392p, that puts Redrow on a P/E of 7.70 for the current year and 6.71 for the following year. Once the uncertainty of the EU referendum has passed I think the market will wake up to this outstanding value.

[shaker44] 10/6/2016 08:47

This was great value in this sector before the brexit shakedown. Now its very good value in my view, Check out their financials against others in the sector.
It will surprise you. And good to be in a company where a director owns over 500 million quid himself!

[sjc] 27/4/2016 16:03

free stock charts from uk.advfn.com

[manrobert] 13/4/2016 16:21

a rather interesting announcement especially as morgan wanted to take the company private a few years ago.

[manrobert] 22/2/2016 16:04

builders out of favour today for some reason.anybody know why.?thanks

[manrobert] 18/2/2016 12:03

having a good day ex the 4p div.

[manrobert] 15/2/2016 08:19

interesting sale of a north London development by telford homes to a large housing association.this could happen more often with housing associations needing to replenish their stock,

[gp1948] 14/2/2016 09:24

Questor takes another pop at housebuilders in today's Telegraph and singles out Redrow.

From the Questor article: "It seems odd to argue that investors should sell their shares when housebuilders have just reported record profits. But it’s not so crazy when you consider that results are backwards looking."

Really? So results are about historical events! If only I'd known!

From the Questor article: "Shares in housebuilders such as Redrow don’t look overpriced, trading on nine times forecast earnings. However, when we dig a little deeper the earnings multiple is only low because the earnings, or profit figure, is artificially high."

Redrow's P/E = 8.06 for the current trading year to 30th June2016, based on figures from Digital Look - share price = 406.6p and EPS = 50.43p

In my view, this article by Questor is an ill-researched piece of scaremongering. The UK housebuilders are recording record profits, underpinned by the demand created by the shortage of housing. This is likely to continue for some time.


Link to full Questor article:

[eggbaconandbubble] 10/2/2016 21:26

Strange that. I got mine on line. I have noticed that sometimes if one downloads very early the editors haven't sorted all the typos etc.

A mate confirmed in was in the paper version.

That aside The Times was closer to the mark. I have noticed feeling has gone bullish again on the sector. After I think there was some serious shorting going on!

Are the markets manipulated???? Nah!

[gp1948] 10/2/2016 16:35

Egg&bacon - many thanks for posting the article. I just couldn't find it online and I did look thoroughly.
I think RDW is a well run company, but the future for housebuilders is somewhat overshadowed by the world economic situation at the moment.
I noticed that analysts' estimates for RDW have been tweaked upwards since their trading statement yesterday - the forward ratings are very undemanding.

[pastybap] 10/2/2016 16:17

@eggbaconandbubble Humble apologies! I still can't find it on the site (I have checked within the Questor homepage hxxp://www.telegraph.co.uk/finance/markets/questor/ and also done a general search for "redrow" an neither pick it up! Thank you for posting the write-up though.

[eggbaconandbubble] 10/2/2016 15:15

So would I.

And maybe The Times as share price up today!!!