Redrow Share Discussion Threads

[renewed1] 01/2/2022 08:18

Are there any clues as to the value of their land bank??

[podgyted] 31/1/2022 22:29

IP

Know what you mean - but I put a toe in the water today. May be right may be wrong but the value in the HB sector looks startling.

Could be wrong of course.

[imastu pidgitaswell] 25/1/2022 14:59

Another analyst special... Raise the target price and down it plunges.

I'm not holding these - nor any other house builder - but there is some astonishing value developing.

[aimingupward2] 21/1/2022 11:27

Credit Suisse raise their t.p. from 745 to 800p. - 'outperform'.

[robertball] 14/1/2022 09:41

My error. BWY update next month. Sorry

[robertball] 12/1/2022 12:24

Fridays TA from BWY might be useful indicator

[robertball] 12/1/2022 12:04

Yes. And given interest rate rises ahead. Sell into strength (Tuesday last week)

[sikhthetech] 11/1/2022 22:59

according to this article Redrow's provision is £20m.
However, I think the problem is deeper than just cladding, which is just the latest, arriving on the tails of the leasehold scandal.

HBs have made millions from govn support, whilst leaseholders, who normally are low paid living in flats, have suffered.

I think H2B is toxic and with high inflation is likely to be the next scandal.

[cottlet] 11/1/2022 21:28

Don’t understand your comment robertball
How exposed are Redrow?

[robertball] 11/1/2022 18:23

All depends on what agree between themselves.

[coopstock] 11/1/2022 10:28

Does anyone know how exposed Redrow are to the cladding mess? Better or worse position than other builders?

[craftyale] 29/12/2021 14:14

Thanks Robert. Happy New Year.

[robertball] 29/12/2021 13:09

The final dividend was 18.5p. The interim is typically half of the final. So 10p on the cards. Maybe 12p if market buoyant.

[craftyale] 29/12/2021 08:10

12 month high approaching. Will be ex div in a couple of months. Looking forward to this year.

[mayers] 16/12/2021 21:19

Yes, it was an error but I could count on you to point it out.

[yertiz] 16/12/2021 21:01

You do know Redrow builds, not mines? Think you have the wrong BB :)

[yertiz] 16/12/2021 21:01

You do know Redrow builds, not mines? Think you have the wrong BB :)

[mayers] 16/12/2021 20:42

Palladium up 7% today. Are we into Palladium you knowledgeable people?

[robertball] 16/12/2021 12:18

Rate rise priced in?

[imastu pidgitaswell] 07/12/2021 13:22

And there's more, it seems.

This is (I would think) a more likely private equity bid target than TW. But either would do for me...

[imastu pidgitaswell] 06/12/2021 08:40

Read across from the TW. activist shareholder stuff - cash rich, asset rich, debt free, highly cash generative, low earnings multiple - just the sort of stuff that predatory greedy PE outfits and similar go for.

I hate them (the PE outfits) with a passion, but if the market won't value the business properly, this is what happens.

[undervaluedassets] 05/12/2021 06:24

Hard to fault this outfit.

On the strength of the statement, I have added.

[aimingupward2] 29/11/2021 09:59

Jefferies raises it’s target price to 942p - BUY.