Good morning, it’s Paul here with the SCVR for Friday. It’s a quiet day for news. Remember that I only cover results amp; trading updates for some sectors. I’m not going to comment on other stuff, like speculative drug companies jumping on the Covid-19 bandwagon! Because I have no insights on anything like that. Here is the link to yesterday’s report – in case you missed it, I added new sections on Up Global Sourcing Holdings (LON:UPGS) and Cenkos Securities (LON:CNKS) in the afternoon/evening.Today’s report is now finished. Barratt Developments (LON:BDEV) Share price: 515.8p (down 0.6% today, at 09:13)No. shares: 1018.3mMarket cap: £5,252.4m (I currently hold a long position) COVID-19 Update This update from the UK’s largest housebuilder is very similar to recent updates from other housebuilders. Key points; Phased re-opening of sites, from 11 May (not re-opening in Scotland – no reason given)Social distancing marshals on each site will enforce compliance with new proceduresReduced level of customer interest – this seems at odds with other housebuilders, who sounded more upbeat about demandLimited number of additional completions this FY 06/202011,776 completions YTD, very…
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