UKIM Podcast – CEO Alan Green discusses Sainsburys #SBRY, Barratt Developments #BDEV, Blencowe Resources #BRES and Deltic Energy #DELT January 11, 2023 – Posted in: Blog – Tags: alan green, Alan Green Novus Communications, blencowe, Blencowe Resources, Blencowe Resources #BRES, bres, DELT, deltic energy, financial, housing, magazine, podcast, uk, uk investor magazine
Alan Green joins the Podcast as we run through the numbers of FTSE 100 companies updating investors after the Christmas trading period.
- Sainsbury’s (LON:SBRY)
- Barratt Devel
opments (LON:BDEV) - Blencowe Resources (LON:BRES)
- Deltic Energy (LON:DELT)
Sainsbury’s has a record Christmas with like-for-like sales excluding fuel rising 5.9%. However, the pressure from discounter such as Lidl and Aldi continue to be a thorn in the side of their market.
Barratt Developments shares suffered dearly in 2022 as markets priced in lower UK housing prices. We run through their update and question whether a 6-9% reduction in average UK house prices is priced into the FTSE 100’s housebuilders.
We conclude with a look at Blencowe Resources and Deltic Energy.
Listen- https://ukinvestormagazine.co.uk/sainsburys-barratt-developments-and-deltic-energy-with-alan-green/