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Hi Nige
I still have a few TW left just in case they issue a surprise divi :)) and they're paying my pension.
Our Troubles is in ITM and maybe PHE he mentioned them the other day, I don't post much there though.
ATB:))
Hi Cj, Bamps and Tom
There, 2 of my most respected colleagues recommending ggp. I said invest a little and top up, now my advice is invest a lot and top up! Bamps expecting Sp to double, but a good chance ncm will take over ggp (or at least their Aus Op) in which case I expect Sp will more than double - maybe 4*.
A good few companies for you to research there and remember - He who dares...
Btw none of us 3 hold tw at the moment, but intend to get back in next year.
BoL
Hi Nige, Cj, Tom
I've no way near as many as Tom but got in earlier at 0.6 so very happy with it, but topped up at just over 12 same time as TMT bought in and confident of doubling.
ITM though are my golden share at the moment in at 20p but fluctuating wildly so careful watching can make a lot of profits buying and selling. Definitely a share for the future tied up with German company Linde who also own BOC and have contracts with Shell and Toyota.
I'm still not tempted to top up here yet although my lad is confidently buying for a 3-5 year view. Without dividends my intentions are short term as early last week bought Trafalgar Property worth a look with cash above market cap and just about to sell more land with planning permission but I won't stop long there.
PHE also worth a look on dips although high at the mo.
Another steady share is IKA solid state battery innovator CEO is excellent, steady growth lately
ATB:))
Nige hi, it's not too late to get GGP !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! but only a few days left IMO!!!!
Yes I agree GGP still great and I am still topping up at 12p or just under that SP, but that is on the odd occasion now seeing we are about to hit the JP soon, only another 8 working days left for the next update so if anyone wants to have a wee input next week is your last chance. If I recall we said this at 2p a while ago, and now 12, so give it a go. I hold over 12 mil GGP now at "no cost", so that shows how its gone over the last year or so.
Good luck all the TW crew and you must have a LATE bet on GGP and I hope you do well.
ATB
Tom:-)
Hi Cjh
Don't think you have missed the boat on ggp. Everything still looking good, so I suggest you invest a small amount and top up if it does well. I was also reluctant to invest in Aim but Mrkt Cap £463m (as opposed to tw £4,753 or a whopping 10% of Ftse 100 Coy).
I suggest you also have a look at nano as a recovery stock. Potential return is massive, but obviously very risky. Not an Aim but Mrkt Cap £52m.
My hero Bamps is in ITM big time, another Aim but Mrkt Cap 1,480 - must be about the biggest Aim on the market.
BoL
Hi Nige
I have done alot of research on GGP and seriously pondered on putting money in when it was 5p!!!! Big mistake by me as its 12p now! I think it being an AIM share put me off but its proved to be one of the better stocks out there at moment hasnt it? I think i may have missed the boat as its settled around 12p for a month now. I keep hearing it can double its present price because of developments going on but i have always stayed in good FTSE companies- not enough of a risk taker which will go against me i know!
Hi Cjh
I am sure you are right that in 3-5 years time Sp will be far higher than it is now (given no more disasters, but we do seem to lurch from one to the next quickly now). Trouble is I see the prices going much lower before (hopefully) a recovery next year.
I still hold a few shares bdev and bwy (from 13/08/14, 55% & from 12/12/13 86% Profit, so not selling them).
So I don't think it is a good idea to get in now - what about Gold like ggp, which is bound to go up in price with the recession. Best investment for me by miles 121% up since 23/11/17 even after topping up loads of times. Only reason I have stopped topping up is it is 55% of port now.
BoL
Hi Muffster,
As TW Rns is end of month and other builders have been reporting already maybe this is reason they are lagging?
Also their sell off of shares to fund land purchases?
One of my best friends is an MD for TW and he says they are flat out buying land at great prices. He also said sales were well down as were PSN but he said that a 145 buy in from share sell off would be a bargain price for a long term hold. He also said he didn't know how long “long term “meant so i guess if you are happy to invest 3-5 years you will be in a good place financially if you were to invest now???
Hi Ben
I haven't stayed in any infrastructure firms lately mainly gold and hydrogen shares. I've been getting disillusioned with all the rhetoric around spending pledges for different things. The green budget on Wednesday was a complete failure in my mind to take a lead position in Green energy technologies. They've already got schemes for insulating houses, what should have happened which I have mentioned before is to change the Building Regs to promote all buildings to have zero carbon emissions and 90% + production of renewable energy. There are plenty of schemes, technology firms capable of achieving that.
Can you imagine the benefit to a house builder promoting a house that has hardly any fuel bills, the sale price would initially be high but sought after.
Someone posted on another board
" Germany to invest €45m in hydrogen, France €25m and we get luncheon vouchers" :)) sums this country up, although the pubs etc need us to go out and eat they're very quiet.
ATB:))
Hi Bamps
Well done with that, me what ever I touch goes down like a brick !
Chose my three Gfrd , Vty and Glen even topped up with Glen with the price of copper should be 2.70 min , I thought all three would be recession proof, but we will see!
At least I can afford to wait, are you still in costains, I can’t understand what’s going on in that sector!
Materials seem to be okay and I am expecting a busy autumn/winter.
Good luck and happy
Morning all, not sure why TW are dragging their heels so much this week compared with PSN & BDEV. Both have done well after the trading updates this week.
What are your thoughts on the SP after the TW half year results on 29th July?
I think PSN has lost sales, at the moment they are almost half a billion down. The rebound hasn't been enough following reopening which means that either sales have been lost and/or we are moving to a lower demand.
I know what you mean regarding the sales aren't too bad when put in context but there appears too many factors against the housebuilders, foremost being unemployment.
I think a lot of sp movements at the moment are playing on sentiment rather than fundamentals.
Hi Ben
Glad you doing ok. The outlook does look good for tradesmen but what is the material supply situation, I'm hearing it's still hit and miss.
I've had a bit of luck this week when I saw TRAF the biggest losers, jumped in and doubled this morning. Selling land, more cash now than market cap.
ATB:))
Hi Wbn
I know in normal times these rns’s would look poor, but after the wettest autumn I can remember and covid 19 , I would say these look good.
Ref £550 lost revenue, to counter this divi was lost and share price is half the value it should be!
Just my opinion
Good luck all and have a great day trading
Hi Wb
You might think psn results weren't very good but the market does - up 14.6% this week.
Psn not lost any sales - just delayed, unlike most other companies who have lost sales.
I agree with you things could get much worse even though Builders have proved to be very resilient under pressure, but it doesn't matter what you or I think, what the market thinks determines the Sp, so I am mainly out of Builders.
BoL
Thought they were pretty poor from Vistry and Persimmon.
For Persimmon there were £550M of lost sales with only approximately a £100M uplift following opening of sales centres.
It is not possible to tell what the new long term level will be with all the job losses in the economy but the lockdown period which is often the busiest period historically has only generated a modest post lockdown uplift in sales.
Considering 50% of their market is first time buyers who will be young and relatively unaffected by covid, the lack of significant uplift suggests worse to come.
Well impressed with persimmons and vistry rns, looks good for the future, especially vistry they look like they are definitely going to go for it.
Persimmons got in early and started before the other HBs , grabbing as many tradesmen as possible.
Might the other HBs regret being slower of the mark , time will tell, bodes well for all the tradesmen!
Bidding war to come , good times ahead.
Good luck and happy trading