Just received some info back from a mutual supplier who attended their Supplier Awards events, hosted over the past few days, most payments to suppliers have been either reduced or stopped for year end but due to start releasing funds with the start of the new fiscal year. This is fairly standard for the sector ? He was upbeat about the new CEO Mark Rogerson and a strong strategy for Safey, service and growth. He had no issues around his business with them and was certainly budgeting for growth with them. So looks like a fair bet to buy. And yes I am fairly new to the site (well done you can read but can't spell) but I wanted to share some intel being received on the front line. Good bad or indifferent, your own calls what you take from it. I am holding my interests and will possibly buy more sooner rather than later. Hope this is of use to those looking to buy.
I know, its a great time to buy in constuction related shares. Its not without risk but ive got most of my money in this sector. I work in the other end being mortgage lending and investments etc, mortgage lending is picking up too but still has a long way to go. Just wish I had more money to put in but i cant as saving alot into my pension lol, Good luck.
I'm quite happy to hold for next 10 years to be honest, i watched these go from around £1.00 to £13.00 in years gone by, i know they have had a big R I, but will be strong company in the future. I am in the building trade and things picked up the second part of last year, but this year has gone mad, as busy if not even busier than before the recession. Its all a cycle, BOOM then BUST, its all about timing!!!!
Couldnt agree more, I dont go by broker views, I just go by my instincts and do my own research... Gives a little boost of confidence when you see recommended buys however. This share should go from strength to strength and is a good time to buy in. I bought in 43p so your doing really well. Im going to try and hold till the general election at least. GLA
2009 71.10 loss 2010 22.8 loss 2011 27.00 loss 2012 3.2 profit 2013 12.8 profit 2014 14.5 profit? So what ever way you look at it, they are moving in the rite direction, has always been a well run company and use to be the "darling of the city" what ever that means ha! long term this will come very good, already has for me, i piled in at 23p but still think thius has a long way to go. The times has picked speedy as one of there recovery shares as well!!! mind you not sure these brokers know any more than us. KEEP THE FAITH.
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