We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Ha... should read holders, not folders! Though it may be telling us something :)
I’ve also Invested here riddler, at around 50p last week. Either it multiplies or disappears, but I believe the risk/return here is asymmetric in favour of folders. The trick with these positions is to spread your bets and accept that while some will recover and thrive, others will disappear. CWD was evidently seen as a viable business prior to CV - hence the lenders agreed new covenant terms. The government appears doggedly determined to ensure such viable businesses survive CV, and are ready when the recovery arrives. High risk, high return, but I think the balance is attractive for holders here. ATB
Good luck to you. A new buy in at circa 60p (1.1p pre-consolidation) is a reasonable bet. Either CWD will go into administration or it will survive and a target of 100p per share (2p in old money) is probable.
Many of us on this share chat board have had our fingers badly burned in the past, I for one bought in at £4 + a few years ago and followed the share all the way down to 3.5p pre-consolidation (approx 175p at todays post consolidation prices). I sold over 95% of my holding at circa 350p so took a hit. I kept a few shares just because so still regularly read this board.
Recent postings are really a warning of what has happened in the past. Only a month or so ago investors were buying this as a recovery stock circa 375p so a whole new generation got burned.
It will be a red letter day if having just bought in you could sell out with a 40% profit. I expect you then to start a "we made money out of Countrywide shares club". You may well be the founding an only member.
Good luck, you have been warned.
"anything but"ost causes
Some of the brands will be using the current situation to take the opportunity of splintering off Urban Spaces gone - taking any value with them
Maybe a situation in 3 months CWD time will be just Creffield Long and the £95m debt
"Of course they have
I AM aware of all these factors"
Well since CWD only announced the furloughing a couple of hours ago you must have an inside track
As for
Decent financial position -Nothing further from the truth underperforming loans
and furthermore
Moeller is off the map -no money before Coronavirus and LSL has declined a merger -so wishful thinking that either of these are lost causes