| 15:18 24/05/2012 | Re: Director dealings |
| Hi, latecut seems mad for him and his backers to pay £1.30 a share when they were alot lower, but now he is in control of 40% of Redrow and has backing of 83% of the rest of the share holders. If he had not done it like he did, he would have had to make an offer for the shares , 30% would have been passed. Its looking like he is taking private. My understanding is he will have to offer £1.30 min if he want full control. Very clever man,just riding on his back. By gazgaz6969 |
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| 11:55 24/05/2012 | Re: Director dealings |
| Thanks SCGUAWAD. I appreciate your help but am as confused as ever. If the directors who bought at £1.30, and in such huge quantity, are to get their money back then any buyer at todays price stands to make approx 14%. I feel tempted but would like to know a bit more of the background By latecut |
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| 10:41 24/05/2012 | Re: Director dealings |
| Have a look at last post by dwifuc it might explain whats going on with Redrow. I too have know idea why they bought these shares at this price £1.30 All share holders were given to opption to buy these shares at this price but I bet know one else took up this offer As these people are running this company I dought if they are fools. I only hope they are looking after other share holders interest as well as there own. By sharescangoupaswellasdown |
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| 16:41 23/05/2012 | Director dealings |
| I am not a holder here, but my attention was captured by a "director dealings" email from digitallook yesterday, stating that a purchase of shares had been made by a Redrow director with a total transaction value of £M75 at £1.30 per share. I looked on the site and there is no discussion.---- GB£75 million at a purchase price comfortably above that available in the market and apparently no market movement. --- Will someone please explain the lack of interest even if the explanation shows me to be a halfwit P.D. By latecut |
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| 9:42 17/05/2012 | Crocodile Tears: Industry Report..., |
| http://www.bbc.co.uk/news/business-18098956 Crocodile tears from House Builder institutions as The National Housing Federation and the Chartered Institute of Housing employs Shelter to front claim that the Government isn’t doing enough. It may be true that we do not have enough housing in certain areas of the UK and Shelter are there doing great and valued work, but to say it’s the Governments fault is a little rich. The House Building Industry has been helped out by numerous successive governments and it is still is through policy and tax savings, whether it be zero rated VAT, stamp duty holidays, planning policies, etc. – the list is endless. Really it is time for developers to do some navel gazing and utilise the Billions that developers have in the bank to put it right. This could be done through numerous ways maybe taking less ROCE, which is really short termism, but would fit into their present quick profit structure or maybe they could bring in business to developments and build up the areas long term wealth to sustain the build out of the development. Bringing in business could be achieved through direct investment in the business i.e. shareholding, commercial funding, etc. or even cross shareholding, this would give long term commitment to development and area, so giving confidence in the proposed development. Maybe all large planning applications should include a section on ‘Long Term Wealth Benefit of the Proposed Development’, would bring to an area. Stop hiding behind the petty coat of Shelter and tarnishing their good name and be proactive. By redbeard101 |
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| 18:44 01/05/2012 | House Prices Still Are Too High |
| It is still the case that house prices are still too high and unsustainable. We are proping up a market through the government policies for the past 30 years, when we should be looking more to manufacturing and our export industries. The government create a Business and Commercial Bank out RBS to build our export industries. The Housing Market needs a minimum 25% managed reduction in many areas to rebalance and enable the UK population wage to be realigned to property prices. We can not sustain a housing market as it is, otherwise we are building up yet another bubble that will burst. By redbeard101 |
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| 11:21 29/04/2012 | Re: open offer |
| As I understand it, the chairman Steve Morgan is taking a bigger stake in the company. Assuming nobody else is prepared to pay a premium for the shares he will end up controlling about 41%. Subject to shareholder approval, he will not have to make an offer for the whole company. If he does want to make an offer in future he would have to pay at least 130p. I am not clever enough to work out the ramifications of this placing but it looks like the future of the company would be in the hands of Steve Morgan and any other shareholder(s) with control of 10%. Does this make the shares worth at least 130p to a private investor or a lot less! Give us a clue. By dwifuc |
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| 10:17 28/04/2012 | open offer |
| just got a letter on the open offer for every 20 shares you have the opportunity to Buy 3 new shares at 130p. At the moment they are only 124p. Any views on this. By sandman2 |
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| 8:06 05/03/2012 | Investors Chronicle |
| INVESTOTS CHRONICLE Press tips 05 March 2012 http://bit.ly/xX9VVt By SpikeyDT |
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| 20:04 04/03/2012 | Weekend share tips .. |
| Weekend share tips : 04/03/2012 by ukcitymedia http://bit.ly/xvC8nC By SpikeyDT |
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| 9:12 04/03/2012 | Heading the right way |
| I like posting here because it will take Spikey some time to knock my post off the board. Hoping for good things in 2012. I am having a mad (small) punt on SOU. At the moment not really sure where to invest and AIM oils stocks are lower than they have been. By AllezLesBleus |
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| 4:43 24/02/2012 | Jump in profits boosts Redrow recovery |
| Jump in profits boosts Redrow recovery FRIDAY 24 FEBRUARY 2012 http://ind.pn/x0Poj4 By SpikeyDT |
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| 8:33 23/02/2012 | Redrow shows optimism as profits jump in first half By Benjamin Chiou Thu 23 Feb 2012 http://bit.ly/A86guk |
| Redrow shows optimism as profits jump in first half By Benjamin Chiou Thu 23 Feb 2012 http://bit.ly/A86guk By SpikeyDT |
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| 20:00 19/02/2012 | FT.. |
| February 19, 2012 7:40 pm Foreign focus crucial for support services By Gill Plimmer http://on.ft.com/xvaFCL By SpikeyDT |
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| 7:19 19/02/2012 | The Scotsman.. |
| Market Watch: Spring sellers set to boost house builders By DOMINIC JEFF Sunday 19 February 2012 00:00 http://bit.ly/zI9XcI By SpikeyDT |
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