Given that the State is now taking default risk on morgage lending and has given the banks access to funding for lending, conditions could not be better for housebuilders to grow business even in the continuing recession. Hopefully RDW have positioned themsleves well for any upturn and we can see a return to dividends this year and some more upward movement in the sp. My prediction is £2.40 by the end of the calendar year. any others?
20 Mar '13
still much lower than there peers well undervalued
26 Feb '13
no reason for drop in fact were a very good set of results
25 Feb '13
Half Year results
Results tommorrow. I'm hoping for an indication that a modest dividend payout will resume this year. Would be nice if such an anouncement coincided with a share price kick up over the £2 threshold.
11 Feb '13
jange keeps quoting analysts who revise their forecasts up to whatever the current share price level is! Hardly rocket science. I don't act on the advice of these people any more and wouldn't pay them in washers. Btw agree this share price has stalled but the economic news is still not great with the latest bu'siness leaders' survey showing lowest optimism for 21 years, so perhaps its unreasonable to expect them to outperform the market.
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