Wednesday, Apr 30, 2008
Barratt considering a rights issue?
hemscott: Housebuilders in the spotlight
Persimmon reported last week that it had suffered from "unprecedented tightening in the mortgage market" in March, which "caused a further deterioration of the housing market leading to lower sales volumes and increased cancellation rates."
Bovis Homes is the next housebuilder scheduled to report, with an AGM scheduled for May 9. Redrow follows with an interim trading statement on May 13, while Barratt Developments provides an update the day after.
Posted by sold out @ 09:25 PM (169 views) Add Comment
1 Comment
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1. mark wadsworth said...
Tee hee, do you think that Redrow will offer 'Redrow Reassure Price Promise' to its shareholders, if your shares drop in value in teh next three years, we will refund a loss of up to 15% of their present value? No? I thought not.