Ian Pollard – McCarthy & Stone MCS supported by large price increases

McCarthy & Stone plc MCS Despite trading in January and February having remained resilient MCS can not avoid sounding a bit worried in today’s update and is relying on trading being weighted towards the second half to help it recover from the first half where it had to rely for support on  a large increase […]

House builders sales static but forward orders surge

Barratt Developments BDEV Completions in the year to the 30th June rose by a lowly 0.4% on 2016 but it was still the highest volume for nine years, enabling Barratt to claim another excellent year which produced a strong operational and financial performance. The final dividend is being increased by 39% in addition to a […]

W. H. Smith “Strong Group Performance” as High Street Falls 4%

W.H. Smith SMWH claims a strong performance across the group for the 21 weeks to 21st January, presumably hoping that nobody will go as far as reading the actual figures which show that High Street revenue actually fell by 4% and only travel revenue with a 10% increase, saved the day enabling Smiths to show […]

McCarthy & Stone – Orders Down, Cancellations Up, Incentives Back.

McCarthy & Stone MCC is yet another housebuilder hoping that the warning signs of a pending slowdown in the housing market can be ignored and, like all the others it seems to be living in the hope that good times can  and will go on for ever.  For the year to the 31st August, its […]