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.
Nice to have a couple of days of gains. Fingers crossed for IBST interims tomorrow to drag up FORT
3. Details of person subject to the notification obligationiv
Name
Jupiter Fund Management Plc
City and country of registered office (if applicable)
4. Full name of shareholder(s) (if different from 3.)v
Name
State Street
Northern Trust
JPMorgan
Citibank Europe
...Confusing!
So someone is definitely unloading these in the background ... Which is holding us back ... Just as we were trying to breach £1.50.
It feels like this is the bottom ... But then I thought that at £1.574!
Gla
Trenners
I saw Jupiter on 30/7 not JPM? Is Jupiter owned by JPM, didn't know that.
They increased their holding RNS on 30/7
Mainly blue trades today but all insignificant few hundred here and there, nothing that will make much of a difference. Will be interesting what IBST have to say on Thursday in their interims. Fingers crossed it isn't all doom and gloom.
Whats the JPM increasing? Broker note upgrading their target?
Agreed, to be honest Im struggling to get my head around it. It might just be overhang from the downward momentum. The majority of sellers must surely be gone now, JP Morgan are increasing ...
Lets hope it turns up as quick
I just don’t get the continued downward spiral. Housing data is ok, govt infrastructure spend to come, no negative RNS, and still dropping 5% a day.
Fast track planning permission for new homes to be introduced by the government
https://www.bbc.co.uk/news/uk-53625960
.... But I am concerned that the seller here must still be selling
... Especially when you consider that Jupiter have been buying
I'm hoping that the IBStock interims next week will stabilise this ... But of course if they are bad then we could see another bout of selling!
GLA
LOL
No pain no gain ;)
I'm injured enough to buy a few for the trade/craic
Hopefully that will injury others to BUY now and we can finally bottom
Taylor Wimpey yesterday commented in the FT that they are operating at 80% capacity https://www.ft.com/content/f358e4a6-472d-43ab-a288-8a9fca1057ee
Correct. Now have a 5.3% stake. Flicking through the shareholder listings, the most recent I could find was 10 July, and they weren't a shareholder then, or at least less than 3%. Jupiter is a decent institutional investor... might help with the SP?
Did I read that RNS correctly in that we've got a new investor?
Why in earth does the share price continue to plummet?
Trenners
PS there was a 58,000 volume buy at 158 on the book, when I went to the gym...even thats been sucked in
No! unless you count the VWAP which is 159
The price is getting silly now...we could be looking at the proper market crash very soon..which I believe is still to come
At least if it does we are close to bottom!
.... But will it hold?
Thoughts
Trenners
Just bought some more shares at 160.74p. Seems cheap to me in the medium term.
Market markers now buying off the book at 160 crazy...both WINS and GOOD there
The interims are due on 10 September. Will be interesting to see what Ibstock say next week for their interims. The results are likely to be poor given construction/ house building was dead through lockdown, but any positive indication on the forward outlook is likely to benefit IBST, FORT and MBH.
I can see clearly see my weekly chart its just sitting outside the channel so we really need for it to drop back in over 169 @ close end of this week
It surprises me there are still so many sellers at these prices but I never say never when it comes to the markets..volume has been pretty low for the last 3 days though
>British Bulls have a 'stay short' on this stock but I guess that is just because the candlesticks are confirming the trend down.
For me the trend line has crossed the candle and I think we have solid resistance circa 161..I have the trend line at 169 which we have roughly stuck to either side of now for a couple of weeks
https://ibb.co/CHNYmxz
Its not a new low in my book @ 160.2, but it is frustrating
new lows