focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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.
You do realise that in that 5 years everything else we buy will of rocketed up, how much do you think council tax will be then as compared to now? Even a beer at the pub has went up say 30% in the last 2 years.
That 25% house price rise over the next 5 years is being framed as good news.
Imagine a world where we dint need to spend two thirds of our wages on just somewhere to live.
Https://www.thisismoney.co.uk/property/article-13379285/House-prices-rise-61-500-average-five-years-predicts-Savills.html
Looks like I’m happy to hold till past 2028 as if they build more the dividend will rise and so will the share price. I’m waiting to sell all my Psn shares to put in wealth companies for a dividend income but a huge rise to house prices would make it better to just hold out in here for longer as the gains will be better than bailing early for dividend companies.
If the BOE doesn’t give good news on the 8th this has a high probability of dropping again?
No idea where it’s going stevebt , although with reports of house price rises this year , it’s looking unlikely to fall , I got out just at the wrong time ! Once my cash has settled in the Hargreaves account I will certainly transfer 20k into my Isa and buy back in , waiting to see how we close today as to whether I take the plunge again with the rest of my cash
Knew it would rise higher because of increased buys and the fact the BOE are due to make a rate decision on the 8th, With a £14 open its do I start and trade a few soon?
This is always going to be a £25 plus share its just you needed to have time to wait it out. There is a chance it will drop again but it won't be Tuesday as it should go higher due to more buys?
Stevebt , rather foolishly, I sold up , seen too many rises result in a fall , think I’ve got it wrong again …I never learn , I’ll buy back in if there’s a dip .
We will get to14.70-15.20
Christofer, Todays rise must of been healthy on your account and hopefully it’s the start of a rising trend.
According to google it hit £13.61 today so must of spooked some people to get out while it’s higher??
13.38 post to day.
We will get back to a proper S P.
“Anyone got any positive thoughts?”
Tesco has large bottles of Heinz tomato ketchup on for £2.25.
Christofer.
People need houses = People need builders :-)
Denby - nice reading , let’s hope we see £15 again soon, certainly looking like a good day today
YET again 03-May-24
JP Morgan Cazenove Overweight - - Reiteration
12-Apr-24 JP Morgan Cazenove Overweight 1,190.00 1,510.00 Upgrade
The SP is really trying to move upwards , every time I think we are off , it drops back into the high £12 area .
Anyone got any positive thoughts?
PSN cant be doing to badly if the directors can give themselves this nice bonus .
I see Psn has added 250000 extra shares, I guess it was shares given to top directors?
Attended at the AGM. Broadly neutral message. The market appears to have bottomed out though little real improvement expected until 25/26. Govt target for current year is for 300,000 new houses but industry does not expect any more than 175,000.
Local authority planning permissions have not been as forthcoming as many planning departments are either understaffed or they just don't want to grant permissions.
It does seem that I was wrong (for just now). It's good for all holders. Will I still have a chance to fill my order, or should I buy at a higher entry? Well, decisions, decisions, decisions...mmmmm
Even though I plan to buy a couple of thousand more this year I think the share price has been low for too long and it’s about time it started moving up!
Looks like it wont go lower :-)
First time a house builder hasn’t used “challenging conditions “ in an update. I presume they will push to go above their highest estimate of sales.