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Connexion, There’s more to it I live overseas, I’m nearly 68 and my basic uk pension is not indexed linked so I’m stuck on £185 per for the rest of my days. To top it off Barclays told me they are closing my account after 40 years because of some stupid Brexit rule. To top that off ii won’t send my divi to my SA bank account, so yes every pound is very important. Anyway too late now at £1.38 so I may as well take the divi and hope the rates drop soon.
You bought at 39p and are worried about losing 5p from £1.39!??
Interest rates lowering in around 3 months, i’d expect this to recover quickly. Last March it took 2 weeks to make back the divi drop and as much again. I bought more yesterday knowing it will drop but i wanted the divi and moved out of Glen into this only because glen slashed their divi. A pure Short term Gamble, but it’s all a gamble.
I’ll pull out of this and back into Glen longer term later in the year after both TW divis banked and lower interest rates help house sales recover. Haven’t got a clue what i’m doing. I would hold out a while longer TW is a solid company but it all depends if you can afford to gamble.
39p to £1.39 or £1.30 is still good money made. But “greed is good!” Lol
The 1st of April is Easter Monday and a public holiday so there won’t be any trading, therefore the last trading date is Thursday 28th March.
Please correct me if I’m wrong.
Also how far is the sp lightly to drop after ex div and for how long. I bought 34000 shares 15 years ago for 39p and I need to take the money out during the next five months to help support my pension.
Should I sell now before ex div.
Ive seen both dates notes 1st Aril on TW web site and seen also the 28th March
Hope what ever doesnt to much effect the price as feel low now.
Come on £150+
Kentio,
From the full time whistle, issued 28th February...
"Subject to shareholder approval at the AGM scheduled for 23 April 2024, the 2023 final ordinary dividend of 4.79 pence per share will be paid on 10 May 2024 to shareholders on the register at the close of business on 2 April 2024 (2022 final dividend: 4.78 pence per share)."
And the ex-div date is the day before the registration date, so that makes it 1st April.
Strictly
Ex div fdate is March 28th.
Sp creeping up towards ex divi day 1st april. Divi 4.79p paid 10th may
Just been told they want 79 plots this year of a site in West Midlands.. Starting to pick up just need to get better site agents instead of the awful ones we putting up with at the moment
Well that's wiped out today's nice gains. Cheers Jeremy *unt
Peteret -I beleive last few days scrapped the idea of 99% - probably wise decision
Too late for 1.30
if the chancellor announces 99% mortgages as rumoured this will rocket.
lift off has already started
Waiting to buy more as well at £1.30 or less.
Won't a decrease in interest rates or expectation of them in May, raise not lower the SP? Thus I can't see why this would dip to the low levels mentioned although I'd gladly scoop some up at sub 130, although unlikely?
(Alliance News) - UK house prices edged higher in February, according to figures from Nationwide on Friday.
Signs of life were seen in the UK housing market in the new year with a rise in the number of mortgages being approved.
Activity remains weak overall, with potential buyers still nervous about high interest rates.
But the latest Bank of England data shows approvals for house purchases rose to 55,200 in January from 51,500 in December.
This was the highest level since October 2022.
Borrowing on credit cards also picked up last month.
People took on £1.9bn more in credit on cards, car finance and other loans in January than they repaid.
Better day here today ,
I meant last December!
Sorry
Hi All
Interesting to hear what’s going on !
I noticed since December there was a turn off attitude towards site management and tradespeople, it became toxic and a lot of experience site agents and tradespeople left, now from my understanding a new batch of site agents have come through and the subbie’s are trying to entice us back!
I am going to Australia soon and I have been talked into coming on site at the end of April, so I will let you know how the land lies then!
I hope the atmosphere has changed or else less houses will be built!
But then again is it what the management wants, they could then use that as an excuse and say we need cheap foreign labour, rather than paying a proper wage!
But hey let’s see what happens!
All the best Ben
Things are tough - as expected, but mortgage rates will come down, a Labout Gov't may incentivise house building sector. So the long term outlook given the land bank & cash position is very positive I think.
Interestingly the CEO of Skipton Building Society was on Business Live this morning. He said he had never known a time when the selling price to asking price ratio was so high. (i.e house sellers get what they ask for.)
Although it's a small [part of the business - Spain seems to be doing brilliantly.
Sites I’m on are starting the get a bit busier, haven’t been without work yet but they have been slower.. wimpeys being one of the slowest builder we work on out of most but still picking up
S Oxfordshire - South Bucks - my son drives a big lump of a forklift and large digger. Hardly any work around here. Lot's of sites around but very slow activity.
Maninpink Im a contractor for TW ... but areas will be different - start a new contract in a few weeks
Been doing a show area etc....slow I admit but the chat is getting better
Time will see
Between now and later this year when interest rates start to fall, I think there will be a sub 127p entry point.
If I see something around 120p I will top up. Just going to be patient
Dividend declared , 28th Mar ex dividend, paydate 10th May ,still good dividend, 7.2% ish yield depends when purchased..atb
Looking to add around the 111/117 range when it revisits it.
Do not see at sub 95p in the near future but perhaps it can still come.