Redrow Share Discussion Threads

[dr_smith] 04/2/2019 17:47

Ta for nudge, I see it's Wednesday along with bdev, then bway Thursday.

[robertball] 04/2/2019 17:11

Results soon

[aimingupward2] 28/1/2019 10:59

And now Berenberg raiases it’s target price from 650p to 710p

[aimingupward2] 14/1/2019 10:54

J P Morgan raises target price from 680p to 720p so plenty of headroom here.

[mnomis] 04/12/2018 22:09

Pretty quiet board. Having a little peak ... but hard to know what to do in this market ...

[calabrian] 26/11/2018 08:55

Not sure what youve been smoking. RDW has been out of favour, market sentiment. Fine. Build your holding when others are fearful. The tide will turn. When it does some of us will do well. :)

[porsche1945] 19/10/2018 22:18

Short sellers destroying builders, just amazed these were not getting hammered long before now, cheap nasty houses in cheap nasty places, Redrow decimated in last recession and same will happen this time, heading back to a couple of quid, Morgan will be out soon, most of the main players getting out, liquidating their holdings. Interesting Crest bosses sold out in the Spring just before it all went south, timing. UK a brexit basket case heading for the bricks, no pun intended.

[dr_smith] 06/9/2018 15:47

BVS results today combined with other recent housebuilders results/statements seems to be turning sentiment and RDW fairing better in share price returning to pre dip levels ( up 3.8% today to 599) so nearly back to the 600 to 650 band.
Most other builders more than 10% below levels for last year, (some around 18-20% below highs)so RDW doing better than most.

[mike24] 06/9/2018 12:41

from post 2
RDW "the most attractive site in UK"
as a small punter who plays the cycles
its time to sit back, and see house prices take a dip
over 2/3 yrs,

just ruthless of lenders to put up rates on many SVR mortgages
nai

[dr_smith] 05/9/2018 16:26

Quite agree aimingupward2.
The days increase looks great but still way below 650 range we have seen this year.
I believe sector sentiment is unjustifiably poor with good PE ratios classic evidence.
RDW possibly doing doing better than peers, being smaller, as it is easier easier to grow.
Taking macro view, low PE ratios imply better returns available elsewhere or there is reduced "spare" money in the economy, neither of which I believe to be the case, so maintain view low sentiment is unjustified - and wait patiently for rectification in share price giving more typical PE ratio.
IMO :-)
Dave

[aimingupward2] 05/9/2018 15:48

On a very poor market day, with the FTSE down 1.1%, RDW is up 5%, reflecting the excellent annual results and positive outlook.

It's still remarkably cheap, however, on a p/e of around 6 for the year just started.

[aimingupward2] 05/9/2018 08:54

What ethics problem?

[essentialinvestor] 04/9/2018 16:11

We know what that means, the cap will be set lower down.

[shaker44] 04/9/2018 16:09

going to be extended but better targetted imo

[robertball] 04/9/2018 15:48

Help to buy

[dr_smith] 04/9/2018 14:37

Looking good then "Construction market growth 'eases to three-month low'" anounced 9.50 and property sector dives. August is a quiet monthany way, combined with following reference, the dip is groundless IMO.
==========
"The construction sector slipped back into a slower growth phase in August, with this summer’s catchup effect starting to unwind after projects were delayed by adverse weather at the start of 2018," said Tim Moore, associate director at IHS Markit.
========

[shaker44] 04/9/2018 12:44

results and outlook all positive but very muted response from market. what was expected?!

[essentialinvestor] 04/9/2018 11:40

The ethics?.

[wingrove4] 04/9/2018 08:53

I am a holder but very pessimistic about future profitability and feel unease about the ethics of their profits

[calabrian] 04/9/2018 08:17

Enjoying my investment here. Nice to see some good results and div increase. Buy hold reinvest div (repeat steps 2 and 3)

[thorpematt] 04/9/2018 07:49

ALL doom and gloom from RDW again I see.

[dr_smith] 02/8/2018 10:17

BBC latest view favouring rate increase. I maintain my view, to stay LTH.

[calabrian] 30/7/2018 14:14

Hello, I purchased some RDW stock today. Im also an investor in TW. (Taylor Wimpey)