If there are any takeovers in the housebuilding sector,than Redrow and Bellway would be the prime targets in my opinion due the their relatively high asset values per share in percentage terms, compare to their peers. DYOR,GLA.
24 Feb '15
Who's buying possible take over
There always seems to be a massive buy at the end of each day ( over the last 10 days) today one purchase of over 500k possible take over buy Buy Mr Morgan I think These share are very much undervalued compared to its contemporaries just look for yourselfs
13 Feb '15
Redrow is the most undervalued house builder listed on the London Stock Exchange at the moment IMO.
12 Feb '15
410p by July.... Any comments?
Glad to see RDW gain 92% in pre-tax profit. The current price is still relatively low considering RDW has great growth pipeline. On top of that, their new built are very popular to all types of buyer. Last time I went to a show home in the south and there was a waiting list of 30 people! They said no need to give incentives out because the build quality and floor plan is their selling points. Not to mention the lowered stamp duty and help to buy scheme for this sector.
11 Feb '15
RE: DROP !
Hope you stayed in for the ride crisb - you know what they say: 'No Pain No Gain'. ATB.
11 Feb '15
More encouraging results from UK homebuilders with Redrow poised for biggest one-day move since late 2010 after unveiling a 92 pct rise in H1 pretax profits, a doubling of its divi & a reduction in net debt. The Thomson Reuters UK Homebuilding index, up 2.2 pct, & bluechip Persimmon both hit all-time highs. A month on from the gloomy forecast from Jefferies about house-builders and things look very rosy indeed. ATB.
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