TSX:OSB - Post Discussion
Post by
lifeisgood1010 on Jan 26, 2021 8:38am
DR Horton
With these kind of outlook from ALL of the US home builders, there is no way am i selling
my WFT,OSB,CFP,IFP and WEF at these low valuation.Fiscal stimulus,low interest,work
from home,R&R.lumber price well above historic high....
2021 will be another very good year for shareholders who have the patience and resist taking
small gains.
Here is extracts of this morning DR Horton results.
Housing market conditions remain very strong, and we are focused on maximizing returns and improving capital efficiency in each of our communities while increasing our market share.
Net sales orders for the first quarter ended December 31, 2020 increased 56% to 20,418 homes and 62% in value to $6.4 billion compared to 13,126 homes and $3.9 billion in the same quarter of the prior year.
The Company's sales order backlog of homes under contract at December 31, 2020 increased 107% to 28,487 homes and 111% in value to $8.9 billion compared to 13,780 homes and $4.2 billion at December 31, 2019.
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