Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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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.
Steady and as expected.
TSB announces big increases to mortgage rates - as 'market thrown into turmoil'
TSB has followed other major lenders in hiking mortgage rates this week - and theirs are pretty big.
First-time buyer, mover and remortgage rates are going up by as much as 0.45%.
Shared ownership/equity products will rise by up to 0.75%.
The lender is also withdrawing some tracker mortgages - and all house purchase and remortgage products (two and five-year fixed) without a fee.
It follows upward moves from NatWest, Barclays, Accord, Leeds Building Society and HSBC on Monday, and Coventry last week.
They are responding to swap rates - which dictate how much it costs to lend money - rising on the back of higher than expected US inflation data, and concerns this could delay interest rate cuts there.
US trends often materialise elsewhere - though many economists are still expecting a base rate cut from 5.25% to 5% in the UK in June.
If I am right, then it's only good for me. If I am wrong, then it's good for all holders. I am not that selfish. So, I don't mind if I am wrong. LOL 😂😂😂
I hope your wrong :-)
After the strong rally, the market probably will turn. For this reason, I have changed my buy order to 1255 from 1270. Let's see if I am correct or not.
Pandamonia
I would like to read about a rate cut + a stamp duty holiday lol :-)