News about Charlie Campbell

Following a warning about debt, safestyle UK shares plummeted

www.dailymail.co.uk, October 3, 2023
The largest doors and windows company in the United Kingdom reported that it was complying with the conditions of a £7.5 million borrowing facility, which it intends to use in the coming months to maintain 'working capital and liquidity requirements.' However, the corporation warned investors that if expected losses for the remainder of the year materially declined, it would result in a'material shortfall' and potentially prohibit access to the lending facility completely blocked.

Crest Nicholson, a housebuilder, sees sales plummet dramatically

www.dailymail.co.uk, January 17, 2023
The number of homes it sold at its shops dropped from 0.8 per week to 0.2 per week in its full-year to October, according to the company's estimates, which was down from 0.8 percent the year before. In the 11 weeks since November, sales slowed ever closer to the end of 2022, with 0.35 per outlet per week per week.

The wolf of bad inflation will not blow down the UK housebuilders, who are also solid

www.dailymail.co.uk, August 20, 2022
According to the latest Office for National Statistics results, the best friend for homebuilders is that house price inflation is still rattling along at a healthy pace - 7.8 percent per year. And if you'd be brave to believe that inflation will not bring down the housebuilders, there are a slew of analysts and financial experts who believe that now is the time to buy into the market. Almost every stock market analyst has a 'buy' or 'outperform' rating on these stocks, with Richard Hunter, head of wealth platform Interactive Investor, referring to market consensus as 'defiantly optimistic on prospects.'