Abstracts » Business

Bellway

Article Abstract:

Bellway is a British house builder that has strong forecasts for sales and profits growth and has a cheap land bank which appears in the company's accounts at cost. The company could still be affected by interest rate rises and a downturn in the business cycle.

Bellway PLC

---

Regent Corporation: not out of the woods

Article Abstract:

Regent Corporation is a UK housebuilder which has raised 1.34 million pounds sterling from a share offer in 1995. The company is seeking to sell real estate in Mnachester, England, and needs to do this by Mar 1996 to take pressure from the need for working capital. The company could have surplus cash if the sale achieves a good price, but there are also heavy demands on Regent's resources with accrued preference dividends debts increasing.

Regent Corporation

---

Affordable housebuilder

Article Abstract:

Ben Bailey is a construction company quoted on the UK stock market and was set up in 1993, focusing on affordable housing. The company is small but has a strong market share in a region of England between the cities of Nottingham and Leeds. The company sold 360 houses in 1997 and aims to sell up to 600 in 2000. The company specialises in cheaper homes, and consumers are more likely to choose cheaper homes as the UK appears to enter a recession. The company could be a target for a takeover, but a predator would have to pay a higher price than the company's Aug stock price.

Ben Bailey Construction PLC

Some parts © 2012 Advameg, Inc.