I too would to see three quid but we the amount of shares in circulation that may. It he so easy . We need to write back land values for one we the shareholders to a hell of a beating in 2009. We need to get the NAV up then we will go somewhere . Mr Redfern needs to stop talking about providing return to the shareholders and start doing there is still a lot of cheap finance out there so he needs to take advantage of that . If he does mot maybe some VC outfit might. Mr cRney has just cleared the decks so we will see.
If this share gets picked up by the big boys it will fly. What's been holding it back is uncertainty regarding the wider housing market. Don't listen to small investors who panic but their sells don't figure on the sp. This should be at £1.80 but may not get there without positive management of the recovery situation. With good management it will see £3. Carney is no fool and knows the importance of housebuilding so as of this week I see it as a good bet.
Thanks for your reply, I am starting to see the bigger picture behind the hour by hour variance in share price now. For a small private investor it seems the best bet is to pick a company with good fundamentals, commit a time period you are willing to have the cash tied up and then a month or so before the sale monitor the price and sell on a bit of a high, wouldnt take much to beat the high street ISA rate any how, good luck everyone.
try to see the bigger picture ....think of it like this ...the stock exchange is the retail 'market' the real action is in the 'wholesale market' where institutional investors trade huge volumes of shares 'incognito' as to avoid distress/distortion in the retail market in order to keep order and avoid panic/front running /stock overhang etc the big institution sell share 'groups' indiscrimananately .e.g .they might decide to reduce builders from 'overweight to 'underweight' which might involve billions of shares without it being self defeating...how do you think they might do this without causing the aforementioned run/panic? look at yesterdays revelations about Barclays 'dark pool' and try to grasp what is really happening ..look at the NMS numbers and try to imagine how these vast orders are 'negotiated and how long it might take to execute these huge quantities and crucially the 'tactics MM'S might employ to in order to'place/sell these shares.....look at the average volumes over weeks and months not days to determine market direction.
Any thoughts on what will happen on Monday given the 16 mil sells vs 10 mil buys today? Im quite new to share trading and TW is my first real investment but Im struggling to grasp why the relatively high volume of sells compared to buys, surely investors would rather wait and see how high this will go before it drops again instead of selling and creating the drop. . . . . . Or is that the point?
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