Bellway PLC (OTC:BLWYF) is among the biggest homebuilding businesses operating across the United Kingdom. Company's sales are spread throughout the country with products ranging from one bedroom apartments to luxury penthouses. Bellway has a market capitalization of £1.85/$3.1 billion and is most liquid on the London Stock Exchange under the ticker BWY. On 8th August the company released its pre-closing trading figures announcing 36% growth in the value of its forward order book. Robust economy coupled with government stimulus and low interest rates are determining the strong buying pressure. A sign of the huge mismatch between supply and demand is the 10.2% annual inflation in the UK property market. As the UK homebuilding industry is flourishing, a...
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