nice starting point..

re - Have bought 2000 on drop at 316p. Hoping to make a quick 20p!

one week gone and on the red,
dreaming of quick money can turn into a red dream or a wet one


News the Help to Buy scheme is to enjoy an early launch should give a boost to Builders

yep lovely SP action here.

Im amazed at how all but 1 of my holdings are up today, yesterday evening I was putting together an 'escape plan' .

Must admit though if you had looked at broker recos before the open I haven seen as many for a long time on a monday, all trying to look after their clients stock.

Hi OTT. A drop in the price for a company like BDEV is abuying opportunity. I have a strong belief in the building co's at the moment. There is a supply shortage, government subsidies and an eager demand for first time buyers. I have CRST, BVS and BDEV. Overall I am considerably up on the year. At 306 BDEV is a strong buy for me!

Hi david

Not to worry lont term, as 300p looks into good support.
I am with TW. since last Thursday, as 99p thought it was a good support so bought at 100.10p, just to fall to 97p the day after, but today it seems is bouncing back soon to the price I paid.

You should make money at 100p for TW!

BDEV 4 Oct:
Deutsche reiterates: Buy - TP: 365p

Panmure Gordon also reiterates: Buy - TP: 352p

nice rise today

9 October: Goldman Sachs: Buy - TP: 371p (Upgrades)

Strong housing demand

Good run for the builders today, with TW. the best of the lot, with a rise of 5.2% PSN 5%, CRST 4.2% and BDEV 3.6%

Deutsche Bank Buy 320.00 320.00 365.00 365.00 Reiterate

Who is at TOP today? .... PSN with 5.54%

BDEV Barratt Deve... 328.00 +8.00 +2.50%

BVS Bovis Homes ... 749.50 +32.50 +4.53%

BWY Bellway 1,339.25 +19.25 +1.46%

BWYA Bellway 103.75 +1.25 +1.22%

CRST Crest Nichol... 348.00 +4.50 +1.31%

PSN Persimmon 1,193.64 +62.64 +5.54%

RDW Redrow 242.34 +5.28 +2.24%

TW. Taylor Wimpey 108.10 +4.30 +4.14%

11 Oct: Deutsche reiterates: Buy - TP raised to 391p.

BDEV ex-divi wed 23rd Oct (2.5p)

14 Oct: Bank of America: Buy and TP upgrade from 365p to 400p.

21 Oct: Deutsche reiterates: Buy - TP held at 391p.

22 Oct: Panmure Gordon reiterates: Buy - TP down from
381p to 352p.

xd tomorrow.

best of the lot is arguably NMX3720 :-)

Interim Management Statement

Strong performance; private forward sales up 47%

Highlights

· Significant improvement in sales rates across all six of our operating regions

· Net private reservations per active site per week of 0.71 (2012: 0.54), up 31.5% on the prior year

· Continue to see a year on year improvement in net pricing of 150 to 200 basis points, largely reflecting a reduction in the level of incentives offered

· Private forward sales of £1,127.4m, up 46.7% on the prior year (2012: £768.5m)

· Continue to secure excellent land opportunities that at least meet our minimum hurdle rates, with 8,150 plots (2012: 3,685 plots) approved in the period

Nov 13: TP raised by a penny by Panmure Gordon.
Reiterates Buy - TP: 382p.