Share Name Share Symbol Market Type Share ISIN Share Description
Redrow Plc LSE:RDW London Ordinary Share GB00BG11K365 ORD 10.5P
  Price Change % Change Share Price Shares Traded Last Trade
  34.80 8.6% 439.60 486,785 09:16:53
Bid Price Offer Price High Price Low Price Open Price
437.80 440.60 464.60 430.40 444.20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 2,112.00 406.00 92.30 4.8 1,626
Last Trade Time Trade Type Trade Size Trade Price Currency
09:16:52 O 4,566 438.248 GBX

Redrow (RDW) Latest News (4)

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Redrow Takeover Rumours

Redrow (RDW) Discussions and Chat

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Date Time Title Posts
05/4/202021:15The Redrow Thread936
15/4/201912:24Redrow - could be argued it's only worth 200p at present6
06/9/201812:41 U.K HOME BUILDERS: Buy on the dips!14
23/9/200910:03*** Redrow ***1
05/5/200817:47Barratt bid rumours surface150

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Redrow (RDW) Most Recent Trades

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Redrow (RDW) Top Chat Posts

Redrow Daily Update: Redrow Plc is listed in the Household Goods & Home Construction sector of the London Stock Exchange with ticker RDW. The last closing price for Redrow was 404.80p.
Redrow Plc has a 4 week average price of 293p and a 12 week average price of 293p.
The 1 year high share price is 850p while the 1 year low share price is currently 293p.
There are currently 369,799,938 shares in issue and the average daily traded volume is 2,890,443 shares. The market capitalisation of Redrow Plc is £1,625,640,527.45.
aimingupward2: The Sunday Times Business Section, ‘Inside the City’, features Redrow today and mentions one analyst’s target price of £12.50. Yes, that’s twelve pounds fifty! It doesn’t say when and it does say others think that is too optimistic, but with improving margins and a share price 25% below the sector average on both earnings and n.a.v. metrics, Redrow is a “BUY”. Getting even half way there, say to £10, over the usual target horizon of 12 - 18 months means that there is plenty to go for and, who knows, it might be closer to £12.50 than £10 by then. Anyway, I agree. It’s a clear BUY. Interims in early Feb’ may give it another nudge upward.
robertball: So the share price stays the same but you have less shares and cash instead. Post spec. Div
sharw: Sorry, but you've got it very wrong. For every 21 shares that you had, worth about 630p, you now have 20 shares worth about 630p and on 16th April will receive 21x30 = 630p cash from the redemption of the B shares. Sounds fair enough to me and shows you why it has been done - to retain share price comparability.
robertball: Yes. Don't worry. The share price will adjust for the b class. Ie share price will stay roughly the same but you will have less shares (a kind of ex doc). It'll all balance out....
aimingupward2: Good, encouraging, interims this morning with a nice bonus of a 30p per share return to shareholders on top of an increased interim dividend. “As a result of our continuing strong earnings and cash performance, we are proposing a 30p per share cash return to shareholders through a B Share Scheme, which will be in addition to the interim dividend. This Scheme enables all shareholders to participate equally in proportion to their holdings and should be treated as capital for most UK tax resident shareholders. Assuming it is approved by shareholders payment is expected to be made in April 2019. The Scheme will be accompanied by a share consolidation to maintain share price comparability.”;
r ball: No news on help to buy. Should see share price uplift now.
r ball: As ever there is an inverse relationship between increase in share price and number of posts.
adamb1978: 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
bigbertie: Perhaps someone has assumed that this placing is (like most others) new shares and will therefore dilute eps and maybe dividends? The fall in share price is almost the same percentage as the quantity of shares placed! I am assuming that the shares placed were included in eps calculations and dividend payouts while held by Bridgemere & the Foundation - is this right? Edit - it looks like the 2 holders are (very sensibly) planning to diversify their portfolios. However in the current market this will probably be interpreted as "calling the top of the housing market". So it's either a warning sign or a buying opportunity.............hmmm
thaiger: Why the share price dropped so much?
Redrow share price data is direct from the London Stock Exchange
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