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I have asked what we have to gain by leaving and not heard a single sensible reason.
Lots of negatives though.what have we done?

Bellway AGM trading update tomorrow could throw some light on current conditions for house builders.

What has the UK to gain by leaving the EU?

If brexit gets sorted the whole market should benefit with housebuilders possibly rising by 5 to 10%.
Barring any macro problems HB SPscould look a lot more cheerful next Spring.

Strictly....any comments on todays RNS?

Could it really be 2 or 3 years before EPS return to pre covid levels?

Very difficult to feel any urgency to become invested here on the basis of the trading statement
Might be Spring 21 until there is a clearer picture.
Great business just a case of when.

Ben...I was referring to posts by the regulars on here which can be helpful and informative on TW matters...not my own posts.

The off piste ggp postings here are getting to a level that is off putting to those looking for TW discussion and comment.

BKG update this morning encouraging

Those who took part in the recent placing at 145p must feel very disappointed.

Market cap now at a level that would make a meaningful placing very difficult

Having just completed a 500m placing it would be awkward if it was not very upbeat.

Awful results and dismal forward looking comments from Crest,who have shown themselves to be accident prone in the past.Disappointing that with a market cap of £585m,they have wiped about £1000m of the value of their quoted peers which have a combined market cap of about £ 32000m.

Crests performance metrics have lagged behind that of their peers for some time now and they have articulated their intention to try and close the gap.Would not necessarily expect the other homebuilders current performance to be as dismal as the numbers published here today.

to be honest,at first glance the numbers look awful and the forward looking comments don't inspire.

Crest Nicholsons results announcement tomorrow morning will throw a bit more light on how the industry is faring during these conditions.

not really Demos but because of the covid measures on site and sales reduced,it would not surprise me to see EPS for the current year at about 60% of pre virus level for the current year and 80% next year.It would be useful if the government would introduce some measures to assist the new homes market because the knock on effect of a healthy market is huge for a large number of industries....carpets,curtains,white goods,building materials,removal firms,solicitors,mortgage lenders,tradesmen,utility companies,garden nurseries,etc,etc.

Anyone able to make a guess at EPS for year ehding 31 July 20?

Purp do not make a profit,on what basis are they hugely undervalued.