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Management have repeatedly said they will decide whether a special, or other form of shareholder distribution will be made when 2021 results announced. Not before.
On the last ex dividend date 1st April the share price rose by 10p in the following days instead of falling 4.14p or more
Lets hope the same thing happens this time.
If not just hold this is a solid company and on the 11th of November there will be a update and I wont be surprised if they announce a special dividend. The net day 12th this 4.14 dividend will be paid and the price will go through the roof!
Morning all.
I was hoping for a SP rise into the 160+ range on the run in to going ex div.
It seems highly unlikely at this stage which now has me wondering just how much the SP will fall after going ex.
I think a fall of more than the 4.14p dividend is quite possible.
Any views ?
GLA
I topped up today but im in it for the long term - 10years or so. Once they start paying out specials the yield at these prices will be very good
Is this a good time to buy ?. I thought this would go up towards ex dividend day.
At least the EU has been strengthened by our international humiliation- big deterrent for any other would be leavers!
Davielad
I agree with so much of what you say.
IMO a very good reply
GLA
@porsche1946, I agree with you regarding the way things are in the UK, both politically, and as far as the economy is concerned. I don't agree however, that Brexit was a fiasco, the EU is a fiasco, and will quite soon to be proved so.
What we have is high taxation, and money being sucked out of the economy by a succession of incompetent governments and politicians, which would be better to be allowed to remain in the hands of companies and individuals, and used for reinvestment! to stimulate the economy, and for and wealth creation,. We are taxed at every turn, both directly, and indirectly. That is why the FTSE, is where it is and lags so far behind the Dow, in its performance over the last 20 years, and why the UK economy is currently where it is
Well, the world can't restart its engines and get back to normality after Covid (and from the UK's perspective also BREXIT, and an idiot like Boris running things), without a few serious bumps and stutters along the way. October(ish) is traditionally the time for market wobbles, so factor all this in and it's likely to be bumpy for a few weeks, months. However, if you can see through this then no doubt Wimps will reward if you are accumulating at these sort of sub 160 prices. We've been here before, so we know how the movie usually ends, which means plenty opportunities to make decent monies.
However, if you are trying to trade and time the market you better be a professional, or just plain lucky, otherwise the odds are against you at the mo. Patience pays off in these situations. Just like the current situation re fuel, the media loves nothing better than to over hype the downside. Always darkest before the dawn.
Unloaded this at 1.73 and glad to be out. U.K. facing huge problems, political self harming basket case, sterling on the slide, market where is was 21 years ago, inflation thanks to parabolic energy prices is going to ramp up interest rates, housing is based on affordability, serious correction coming, already seeing it as growth stocks fail, think asos/Ocado, house builders it’s just all downside risk with little upside, chasing dividends is a disaster, wasn’t that long ago these were 18p, everywhere has its issues but U.K. a terminal case since brexit fiasco.
Lets have a game, when will this stock turn back above 160? I like to think next week. Does anyone have a different idea or any knowledge
hi Jed
I'm similar, but I been a bit trigger happy and bought a few more too soon at £1.59, so my BE is about 1.62 now (which feels a long way off, but a few days, or 1 good day we can rally past that.
I'm watchin level 2 like ' a one eyed cat in a fish shop' as i feel abit TW overweight (for me anyway)
GL buddy
No sign housing market slowly per Times report
Mortgages up £5.3biliion in August.
johnnie5x
Morning,
My dealings with TW. shares mirrors yours. I have been dealing in the 166-171 price range and taking profits in extra shares.
My last sale was at 170.5 and i decided that i would leave it at that but the price fall into the 150's was IMO too much of a buying opportunity so i bought back in at 158
I fully believe that this share will climb again although it may take a little time.
Meanwhile i'll sit back and take the nice dividends they pay.
GLA
I think we have either a larger seller, or MM’s playing
Their usual games. And for sure the builders are
feeling ‘unloved’ at the moment
I stand by us seeing £1.75 in Oct, which I’d be a happy seller at .
GlA
Thought this looked good with the financials and dividend news but yea seems to drop while all other construction is loved
Strange how Persimmon seems to be in favour - I think it has risen for the last two days yet TW seems to be persistently unloved.
Sea of blue but no movement from 156 ! Work that one out
hi Usually-Right
I agree with all your points, but
it's fallen roughly 10% in a week, was £1.73 this time last week, and it's been +£1.80's a few month back.
it just feel a wee over done/over sold to me, these guys released a super positive statement with results during summer
( i expected this be £2 by now, albeit i prefer it be £1.60 today, as long as it rallies soon, I only re-bought recently so was waiting for a drop, but not quite this deep)
fuel, wages, supply chain and rates all dogging the sector as a whole. it will take results and trading updates to sooth nerves, or not. either way many shares in the sector arent at too demanding valuations so you can certainly nibble on some in the sector now, others soon.
Such an interesting stock today, lots of huge buys and get the price still going down
jedi51, I hope you are right
in fact it's Jed, but may be a Jedi could help us here, lol
Going x-div on 7 October and i'm really hoping for the SP to rise as we approach that date.
Attractive divi and general outlook good.
here's hoping for the bounce.
GLA
Good comments spot on