Share tips: which house builders should you buy?
This week's share tips column, compiled by Hargreaves Lansdown, looks at house builders Bovis Homes, Persimmon and Taylor Wimpey
2010. March 8. 13:35
Article continue... Telegraph.co.uk
Taylor Wimpey seeks refinancing package [FT.com] Jul. 11. Taylor Wimpey is negotiating with lenders over a refinancing package that would increase the ability of the UKs second-largest volume housebuilder to buy land Bovis Homes to resume dividends [BBC NEWS] Jul. 9. Bovis Homes says it will resume its dividend at the end of the year after seeing solid trading in recent months. Questor share-tips: avoid Persimmon [Telegraph.co.uk] Jul. 6. Persimmon beat expectations on Tuesday as it reported revenue for the first half of 2010 was up 26pc with margins improving from 1.5pc last year to 7.5pc. Shares in the housebuilder, the largest... Taylor Wimpey warns that UK housing market faces growing headwinds [Telegraph.co.uk] Jun. 28. Land shortages, planning headaches and political and economic uncertainty risk slowing recovery in the housing market Taylor Wimpey, the country's second biggest housebuilder, has warned. Taylor Wimpey says house prices rise 9pc [Telegraph.co.uk] Apr. 29. Taylor Wimpey, Britain's second-largest homebuilder, said it had seen a 9pc rise in its house prices in the first four months of the year. Peter Hargreaves steps down as chief executive at Hargreaves Lansdown [Telegraph.co.uk] Apr. 26. Hargreaves Lansdown, the investment broker, is to have its first ever independent chief executive after being run for the past 29 years by its two founders. Housing market remains strong in face of election, says Persimmon [Telegraph.co.uk] Apr. 22. One of Britain's biggest housebuilders says sales are powering ahead of last year despite"uncertainty" surrounding the general election. Taylor Wimpey chief Pete Redfern's pay near doubles to£1.7m [Telegraph.co.uk] Apr. 19. The boss of Taylor Wimpey saw his pay package near double last year despite the housebuilder reporting a£640m loss, enduring a 27pc drop in revenue, and having to call on shareholders for&#... Hargreaves Lansdown eyes record first quarter [FT.com] Apr. 16. The investment adviser said the last three months had been its best ever quarter as investors sought out tax-efficient investments ahead of legislation changes Bovis Homes returns to profit [FT.com] Marc. 8. The housebuilder returned to profit last year after building just 911 homes but expects to restart purchases of land this year after paying down debt and building up a surplus of 112m Write downs keep Taylor Wimpey firmly in the red [Telegraph.co.uk] Marc. 4. Housebuilder Taylor Wimpey failed to match rival Persimmon's return to profit yesterday, reporting a£640m pre-tax loss thanks to another round of writedowns on its land bank. Taylor Wimpey reduces its losses [BBC NEWS] Marc. 3. Housebuilder Taylor Wimpey more than halves its full-year losses and says housing markets are improving.
