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Buy Redrow Shares
Ranjit Romanay
Posted: 14 February 2018 14:16:17(UTC)
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Hi

I am new to this so forgive me if I make a mistake. I am thinking about buying Redrow shares. Is now a good to buy or should I wait?

If I should wait at what price should I buy the shares?

Many thanks
Ranjit
Tim D
Posted: 14 February 2018 15:27:53(UTC)
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Ranjit Romanay;57146 wrote:
I am thinking about buying Redrow shares.


Why those particular shares rather than one or more of the thousands of other things you could invest in?


Tony Peterson
Posted: 14 February 2018 15:35:35(UTC)
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That is a very modest request Ranjit.

You simply want us to tell you the future. (For Redrow shares in this case)

If anyone really could do that, would they tell you?

Ranjit Romanay
Posted: 14 February 2018 15:36:15(UTC)
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because they have dropped quite a lot also they are paying £9 in dividend.

Which shares would you recommend buying if not those?
dyfed
Posted: 14 February 2018 16:00:45(UTC)
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Hi Ranjit,
Most people on this forum start by having an investing strategy, which allocates a % of their funds into a particular sector of the market or theme e.g.: UK small companies, global infrastructure, Far East, robotics etc. Then they research that area and buy shares according to a risk/reward profile that suits them. Many people don't own individual shares precisely because it is impossible to predict what will happen to the share price: these people own trusts or funds which contain many different individual shares and are run for them by professionals who do all the research and make what we hope are well informed decisions.
So I doubt you'll get much in the way of a helpful answer because for most bods on this forum your question doesn't really make sense. And because no-one can give you an accurate answer. And therefore very few of us would "recommend" a share.
Sorry!
1 user thanked dyfed for this post.
Mickey on 14/02/2018(UTC)
Sara G
Posted: 14 February 2018 16:16:46(UTC)
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Before investing in individual shares I would recommend reading 'The Defensive Value Investor' by John Kingham, and visiting his site:

https://www.ukvalueinvestor.com/

He is really good at explaining how to avoid value traps and highlighting the red flags that you should look for before investing in a company.

At first glance though, the broker reports are very positive and the P/E is below 9...

2 users thanked Sara G for this post.
Lemanie on 14/02/2018(UTC), Jim S on 14/02/2018(UTC)
Hank Elvis Dobbs (texan)
Posted: 14 February 2018 16:44:50(UTC)
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By coincidence I've just returned from looking at a Redrow site in Hartford Cheshire..inspecting a renderers work, for one of my developments...The Heritage collection is proving to be extremely popular.. little wonder compared to the characterless crap being built by other volume builders.

Steve Morgan is a shrewd operator (not in the dressing room)...The whole sector is a screaming buy in my opinion...but that's all it is ..an opinion..

You have to learn to back your own judgement
4 users thanked Hank Elvis Dobbs (texan) for this post.
Lemanie on 14/02/2018(UTC), Jim S on 14/02/2018(UTC), what me, worry? on 14/02/2018(UTC), Andrew Smith 259 on 17/02/2018(UTC)
what me, worry?
Posted: 14 February 2018 17:22:00(UTC)
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Galliford try seem to have the banks backing (thats a bit like a football manager having the full backing of the board) That is if they survive the carillion fallout.


Down 1.87 today. Gulp.
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Ranjit Romanay on 15/02/2018(UTC)
Ranjit Romanay
Posted: 14 February 2018 17:47:30(UTC)
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Ok thanks for your help
Tony Peterson
Posted: 14 February 2018 20:40:05(UTC)
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Ranjit

I applaud your willingness to invest directly into a UK company which makes things (like homes), is profitable, and pays its owners (shareholders) a dividend. I would encourage you to calculate (or read off) the yield (not currently great) calculated on the market price rather than factor into your decision the actual dividend itself. If Redrow was amongst my investments it would be a hold rather than a buy or sell. at present prices

I myself think that investing in individual companies, rather than in pooled investments from which a huge amount is usually hacked off to benefit the managers (whose grasp of the future is no better than yours or mine) is likely to be more beneficial to you.. As a UK taxpayer you should start with a self-select ISA rather than dealing accounts.

Bearing in mind my own position, yields, and today's prices I am I would be (or in some cases am) a buyer for BT, Vodafone, GSK, (telecoms and pharma are out of short-term fashion) Stobart, Lloyds Banking Group, and some of the utilities depressed by political noise (UU, NG, CNA especially). These have bigger yields and more short term bounce-back potential.

You will not regret your first move into equity.

5 users thanked Tony Peterson for this post.
dyfed on 14/02/2018(UTC), what me, worry? on 14/02/2018(UTC), Mickey on 15/02/2018(UTC), Ranjit Romanay on 15/02/2018(UTC), Andrew Smith 259 on 17/02/2018(UTC)
Ranjit Romanay
Posted: 14 February 2018 21:32:39(UTC)
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Ok thanks for you help
Ranjit Romanay
Posted: 14 February 2018 21:34:29(UTC)
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How to I calculate or read off)the yield?
Hank Elvis Dobbs (texan)
Posted: 14 February 2018 21:45:29(UTC)
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All published figures are historic....buy Clarkson ..without which trade around the world ain't
happening ..Last said that 2yrs ago (£18) to some young gun talking about containers ...I wonder what happened to him/her..?
1 user thanked Hank Elvis Dobbs (texan) for this post.
Mickey on 15/02/2018(UTC)
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