Redrow Share Discussion Threads

[robertball] 17/9/2021 12:18

I suppose takeover rumour circulating

[aimingupward2] 17/9/2021 11:50

Berenberg raise their target price to 900p.

[craftyale] 16/9/2021 16:07

And that's a 52 week high.

[craftyale] 16/9/2021 16:07

Lovely end to the day and hopefully week.

[aimingupward2] 16/9/2021 11:44

Deutsche Bank, Barclays and Credit Suisse all raise their target prices this morning, with buy, overweight and outperform recommendations. T.p's are much more modest (sensible?) than Simply Wall St, though, at around £8.

[r9505571] 15/9/2021 16:47

Simply Wall Street have this valued at £20.67 some 66% undervalued at its current price!

[rogerrail] 15/9/2021 10:15

Forecast eps for current year at 90p are comparable to 2019, so on the road to full recovery.

[robertball] 15/9/2021 08:47

Think swing was upbeat results v no takeover interest. Yes, blue finish

[r9505571] 15/9/2021 08:34

Blue finish

[1318myl] 15/9/2021 08:21

Results not as good as 2019 level obviously it will beat 2020 but it should exceed 2019

[robertball] 15/9/2021 08:13

What's gone on here! 5% swing

[robertball] 15/9/2021 07:53

Quite. That's my main take away from the results. As always I always read the outlook first as that contains nuggets of info. Not priced in

[p1es] 15/9/2021 07:33

"House price inflation more than offsetting build cost increases"

[robertball] 15/9/2021 07:29

Margin beat and downplaying cost inflation

[imastu pidgitaswell] 15/9/2021 07:17

They're quoting guidance for 2024?!!

[purplepelmets] 15/9/2021 07:07

Commenting on the results John Tutte, Chairman of Redrow, said:



"Against a background of much uncertainty at the start of the financial year, I am delighted to be able to report the Group delivered an excellent performance in the year to the end of June 2021 with better than expected results.



The Group delivered 5,620 legal completions in the year (2020: 4,032). These completions generated revenue of £1.94bn (2020: £1.34bn) and profit before tax of £314m (2020: £140m). Earnings per share increased by 124% to 73.7p (2020: 32.9p)."

Looks good to me. Roll on 8 quid

[smcni1968] 14/9/2021 01:46

Buyout coming Wednesday?

[s34icknote] 06/9/2021 16:38

All falling into shape .Just need to know if cost inflation is effecting margins ??

[craftyale] 06/9/2021 14:55

And approaching 52 week high

[robertball] 01/9/2021 11:43

2 weeks to results

[imastu pidgitaswell] 31/8/2021 13:02

And a nice golden cross as well:


free stock charts from uk.advfn.com

[imastu pidgitaswell] 25/8/2021 08:17

And a bit more; will it break the previous level - pulled back twice before?

[s34icknote] 24/8/2021 16:07

Back to 7.00

[imastu pidgitaswell] 20/8/2021 15:21

Really quite perky... 😎